Review on Novacoin by francis fernandez
meeting point between PoW and PoS
Being part of the digital age leads us to use an electronic commerce network to carry out our business operations or to manage our personal finances.
To assist you in this task, the Novacoin cryptographic platform has been created.
What is special about this platform?
General users:
Serves as a means of payment to purchase goods and services
It has the security of open source encryption, which generates greater trust among users
Access to purchase gift cards
Facilitates the purchase of digital assets with credit cards
Facilitates the exchange of cryptocurrencies
Easy integration wallet access
Merchants:
Allows you to receive immediate payments
Offers reduced usage rates
Possibility of converting cryptocurrency to fiat money
Offers a safe and fast mechanism for the processing and settlement of operations
In addition to these utilities, Novacoin has a valuable infrastructure by combining two consensus mechanisms within the same network; which guarantees an additional layer of security and double opportunities to mine the native NVC currency.
Pros
- Allows energy savings with the use of PoS
- Creates a doubly secure network by combining PoS / Pow protocols
- Offers a fast electronic channel for payments
- Easy access platform for any individual
Cons
- No disadvantages
