DescriptionNovacoin has a unique mixture of features and methodologies that set it apart from other digital currencies. For example, instead of the more energy- and time-consuming SHA-256 mining method, Novacoin uses Scrypt; this is faster and easier for individual miners to use without having to dedicate a single device to mining alone. Novacoin also uses both the proof-of-work and proof-of-stake mining protocols, so rewards can be earned both by mining data blocks and by investing in the currency itself. Though one or more of these features is used by other currencies, the combination employed by Novacoin makes it like no other major cryptocurrency in the field.
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