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.
Using all the advantages of blockchain technology, Sessia presents a new way of communication between businesses and customers. We call it «social marketplace» - an ecosystem where brands can simply develop and apply effective promotional tools by sharing the purchases of their client with their Friends and followers. SESSIA’s team has developed a unique iOS and Android software that eliminates the technological debt issue of many companies in less than 10 minutes. It provides businesses with 6 Sessia products in one place.