Novacoin NVC to Pluton PLU Exchange

Crypto Pair Details: NVC to PLU

Novacoin NVC

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.

Pluton PLU

Plutons are digital tokens issued to users on the Ethereum blockchain, these are native to the Plutus app. To provide an analogy, these tokens are similar to cash back or frequent flier miles. As a user, you will automatically be rewarded with a 3%* rebate in Plutons for every Bitcoin deposit you make towards a purchase. Plutons can be used within the Plutus app in the same way as Bitcoins. This means that you can use Plutons to charge your contactless balance just as you would with BTC, with the added benefit of zero fees and instant conversions.

SOURCE: COINGECKO

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