VeriCoin VRC to Novacoin NVC Exchange

Crypto Pair Details: VRC to NVC

VeriCoin VRC

VeriCoin (VRC) is a Proof of Stake-Time cryptocurrency. It was previously a Proof-of-Stake cryptocurrency with Proof of Work used to mine coins in the early stage. VeriCoin began work on PoST after the MintPal VRC hack and the subsequent roll back. More information on Proof of Stake-Time can be obtained by reading the whitepaper here. There is no Pre-mine or IPO for VeriCoin. The minimum stake time is at least 8 hours. The one highlight feature of VeriCoin is VeriFund. VeriFund is the answer to ensure stability and growth of VeriCoin. It is used to counter the inflationary effect of the proof of stake. When the supply increases, VeriFund will purchase liquid supply of VeriCoin to ensure growth and stability of the coin's value. More info about VeriFund can be found at http://vericoin.info/verifund.html Another key feature of VeriCoin is VeriSMS. VeriSMS is an SMS wallet system that gives your phone capability to access the VeriCoin network. Some of the available commands include 'Balance', 'setpassword', and 'SEND'. More information about VeriSMS can be found at http://vericoin.info/text.html

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.

SOURCE: COINGECKO

instantcryptocurrencyexchange Statistics

Instant Cryptocurrency Exchange Platform