Review on Novacoin by Syed Adnan
Designed to enhance blockchain technology.
It certainly has some polarizing properties - it claims to have a hard cap of 2 million coins but it could be lifted in the future, but is it really a hard cap? And in that case is the value of your holding safe?
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Pros
- Hybrid consensus mechanism.
- There is no hard cap on the number of currencies.
- Script based algorithm.
Cons
- I will say considering the direction of their progress don't look into for investing.
