Core Specification
Coin name: Novacash
Coin abbreviation: NOVA
Planned Exchange Symbol: NOVAC (NOVA already taken)
Address letter: N
Block Type: Proof-of-Stake (POS)
Algorithm: (Quark)
Block size: 2 MB
Block Time: 60 seconds (re-targeting every block)
Transactions per second: 173 TPS (current theoretical maximum)
Mine-able: No
Stake-able: Yes (Earn block reward from coin ownership)
Masternode Support: Yes, 10,000 NOVA coins per masternode needed
Supernode Support: Yes, 5,000,000 NOVA coins per supernode needed
Default Wallet Ports
P2P Port: 15548
RPC Port: 15547
Pre-mine
10,000,000,000 NOVA coins were created at launch. There is no classical mining (e.g. Bitcoin) in Novacash because mining is a waste of resources! Many other popular coins like Ripple (XRP), Stellar (XLM), Neo (NEO) or NEM (XEM), created all coins at launch. The created coins can be seen as usability tokens, and will be used to pay artists/curators (Creative Commons Sharing Platform "Gallery"), storage providers, etc. Many new features and services will be based on these "pre-created" usability tokens in the near future.