Novacoin is a hybrid Proof of work (POW) / Proof of stake (POS) decentralized peer-to-peer cryptocurrency.The Proof of Work part of Novacoin is based on the Scrypt hashing algorithm. Proof of Stake contributes to the coins energy efficiency, as there is no need for nodes to contribute mining power to part of the money creation process. As of now, Novacoin is set to be capped at 2 billion coins. However Novacoin stated that the cap limit may be lifted if the situation requires it. It looks very much like a variation of Sunny King Peercoin.
What makes the Coin Loan Bank unique? Offering multiple services on multiple levels - that is why we are unique. For our investors we provide the following options to choose from: 1) Convertible Bond The Convertible Bond guarantees two options for investors after a contract term of at least 12 months. Risk-free and totally at your discretion to choose how to proceed. 2) Cancel your contract anytime 3) Loan services 100% of the capital of CB contract 4) CLB Shop ( CLBshop.com, CLBshop.co.kr) 5) Company payback on all paid fees, in CLB Coin