PRIZM — the first fair cryptocurrency! Decentralization, convenience, security. PARAMINING Paramining — unique technology, created specifically for PRIZM. SPEED OF BLOCK GENERATION The average time to generate a blockchain takes 59 seconds and does not depend on the number of transactions. EASY CONVERSION TO OTHER CURRENCIES Using the global P2P system PRIZM.STORE, for free conversion of PZM at a fixed rate. INNOVATIONS Use of modern eco-crypto-technologies POS, instead of labor-consuming and energy-consuming systems POW.
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.