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Novacoin (NVC)

NVC price chart

Novacoin ranks #303 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2986: 2683 of the 2985 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 3745 non-native assets CoinSpectrum lists above it by market cap, about 64% are tokens, 33% are claims on other assets, 3% are memecoins and 1% are NFT collections.

CoinSpectrum Grade	pending — launch under review
Rank among cryptocurrencies	#303
Rank counting claims	#2986
Market capitalisation	$34,180
Price	$0.0146
Circulating supply	2,335,757 NVC
Maximum supply	0 NVC
Consensus family	Hybrid
Consensus mechanism	Scrypt PoW + PoS (Peercoin-derived)
Own hashrate	—
Ledger type	Single-asset ledger
Launch distribution	Premine

Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

Grade pending. What Novacoin pays its miners is not yet measured. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.

Section and criteria	Score	Basis
Consensus	4.5	average of 2 criteria
By leader (its largest chain's market cap) (Source)	4.5	Hybrid: 4.5 of 10 on the ladder of consensus families ranked by their largest chain's market cap
By family (all its chains' market cap) (Source)	4.5	Hybrid: 4.5 of 10 on the ladder of families ranked by the combined market cap of their chains
Supply	7.3	the supply scale times 0.9, and a point for a fixed cap that holds
Supply (21 million scores 10)	8.1	no fixed maximum; 2.34 million in circulation
Distribution	9.9	average of 3 parts
Holder concentration (Source)	–	Not yet measured
Active addresses	–	Not yet measured
Premine (allocated at launch)	9.8	1.9% of today's supply allocated at launch to founders, a company, a foundation or investors. Launched 2013-02-09 with rewards up to 100 NVC per block (252k NVC mined by block 5,000 on 2013-02-12); BTC-e announced it held 110,000 NVC in a 'guarantee fund' two days after launch, coins attributed to the developer's self-mining, and on 2013-02-14 said it had destroyed them. 110,000 / ~5.74M current supply = 1.9%, counted as a documented instamine; if the destruction claim is accepted, the figure is 0. source
Fundraising (share sold) (Source)	10	No sale of the coin source
Developer share (after launch)	10	No developer share: every new coin goes to the miners or validators who produce blocks. PoW subsidy (max 100 NVC, falling with difficulty) and PoS interest go to the block producer; no developer or treasury output in the code. source
Decentralisation	2.7	average of 3 parts
Governance (Source)	0	An authority can halt the chain or freeze funds: The node enforces Peercoin-style sync checkpoints signed by a hard-coded master key (strMasterPubKey) in strict mode by default, so the key holder can dictate which branch nodes accept; the code also carries a block banlist (CheckBanned). source
No central team (Source)	0	A central team directs it: Developed by founder Balthazar (CryptoManiac) in the novacoin-project repository, who also holds the sync-checkpoint master key. source
Who can mint (Source)	8	Open, with a stake vote: anyone can mine, and stakeholders vote on the blocks
Nodes (Source)	–	Not yet counted
Security	4.6	2.3 of 5 points, 3 not yet measured source
Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points)	–
Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points)	0	about 83 transactions a day
Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point)	–
Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point)	3	one client, no new version in 48 months (latest Feb 2022)
Open source (Node software)	✓
No 51% attack (Nor a deep reorganisation, five years)	✓
Scalability	4.9	average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)	10	typical fee $0.000017
Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5)	0.4	about 7.4 simple transactions a second
Block time (10 minutes 10, less either side)	10	a block every 10 minutes
Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth)	4.2	1 MB limit
Features (3 checks)	0	0 of 3 passed
Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11)	✗	30-minute PoW and 10-minute PoS spacing with probabilistic confirmation; no instant-lock or double-spend-proof mechanism.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)	✗	Novacoin v0.5.10 (Feb 2022, PPCoin-era code) has no pruning mode; nodes keep every block.
Light clients (Payments verified from headers · Whitepaper §8)	✗	Novacoin (PoW/PoS) (pre-BIP37 code) serves no Merkle proofs or block filters, so light wallets trust servers.
Privacy	7	7 of 10: whitepaper privacy 7 of 7, extra features 0 of 3, 1 not yet researched source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)	10	Novacoin's Bitcoin-derived node (novacoin-project/novacoin) has no identity rule: anyone generates keys and receives and sends the coin.
UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9)	10	Coins are separate unspent outputs: a payment spends whole outputs and sends the change to a new address, so the coins in one wallet need not share a history.
HD addresses (A new address for each payment, unlinked · Whitepaper §10)	–
Hidden amounts (Amounts confidential)	0	Transparent Bitcoin-style amounts; no confidential transactions.
Hidden parties (Sender and receiver hidden)	0	Transparent addresses and inputs; no ring signatures or stealth addresses.
Network privacy (Origin hidden by default)	0	Novacoin v0.5.10 (Feb 2022, PPCoin-era code): no Dandelion; Tor is only used if the operator runs and configures it.
Programmability	3.3	3 of 9 points source
Token issuance	0	No token issuance on the chain itself
Smart contracts (Scripting for spending conditions)	1	Novacoin runs Bitcoin-style Script limited to spending conditions (signatures, hash locks, multisig); no contract VM or token introspection.
Multisig and time locks (Without a third party)	✓	OP_CHECKMULTISIG plus CLTV (enforced for transactions after 20 April 2016) and CSV (after 25 February 2022), per CHECKLOCKTIMEVERIFY_SWITCH_TIME and CHECKSEQUENCEVERIFY_SWITCH_TIME.
Atomic swaps (With other chains)	✓	HTLCs built from Script hash locks (OP_SHA256/OP_HASH160) with a CLTV refund branch are standard Script, so cross-chain hash-locked swaps work on Novacoin.
Native DEX (Trades the coin itself, not a claim)	✗	No DEX found trading the coin itself: none on its own chain (DefiLlama), and not on THORChain, Maya, Chainflip, Komodo DeFi, BasicSwap, Bisq or Haveno (checked 2026-11-04).
Cross-chain messaging (Verified by the chain itself)	✗	Novacoin nodes verify no other chain; no protocol-level cross-chain messaging.
NFTs (Carried by the chain's rules)	✗	No token or NFT type in the Novacoin consensus rules.
Demand	0.2	average of 5 measures
Exchanges (10 or more: 10)	0	no exchange the site reads trades it
Daily volume ($10K 0, $1B or more 10)	0	$6 traded in 24 hours; #4228 by volume
Turnover (volume ÷ market cap, 5% a day: 10)	0	0.02% of its market cap a day
Order-book depth (±2% of the price ÷ market cap, 1%: 10)	–	no order book on the nine exchanges read
Market cap ($1M 0, $10B or more 10)	0	$34K, 0 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)	–	not measured
Wallet support (wallets that hold it, 10 or more: 10)	1	its own node and wallet, counted as 1: no wallet in the site's directory lists it yet
Record	6.7	average of 3 criteria
Age (years since genesis) (Source)	10	13 full years since 2013-04-28, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, fixes, vulnerabilities)	0	1 positive, 2 negative source
Positive
Steady work, 1 of 6	✓	10 commits in 2 of the last 12 months (github.com/novacoin-project/novacoin); Last release nvc-v0.5.10 on 2022-02-11 (no release in the last 24 months), although commits to novacoin-project/novacoin master continue (latest 2026-10-04) and the code reports version 0.7.6.9.
Negative
Unfixed vulnerability, disclosed 2024-07-03, −1	✗	CVE-2020-14198: misbehaving peers are auto-banned into a ban map that is never pruned, so many attacker addresses (cheap with IPv6) can grow memory without bound; the quadratic GETADDR scan does not exist in this older code; still in Novacoin nvc-v0.5.10. bitcoincore.org github.com
Unfixed vulnerability, disclosed 2024-07-31, −1	✗	CVE-2024-52919: addr-message spam can overflow the address manager's 32-bit id counter and crash the node, with no addr rate limit; still in Novacoin nvc-v0.5.10. bitcoincore.org github.com
Conduct (origin, claims, halts)	10	3 positive, 0 negative source
Positive record
Launched with a stated purpose, not as a joke	✓
No claims by its founders that contradict its own design	✓
No halt, freeze or reversal in five years	✓

Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.

Hybrid coins

Proof of Work coins

Supply

2,335,757 of a maximum 0 NVC are in circulation — effectively all of them.

Launch and allocation

Premine (allocated at launch)	1.9% of today's supply
Sold by the issuer or insiders	0% of today's supply
Developer share received since launch	0% of today's supply
Developer share of new coins today	0%
Fundraising	No sale and no investor round

Launched 2013-02-09 with rewards up to 100 NVC per block (252k NVC mined by block 5,000 on 2013-02-12); BTC-e announced it held 110,000 NVC in a 'guarantee fund' two days after launch, coins attributed to the developer's self-mining, and on 2013-02-14 said it had destroyed them. 110,000 / ~5.74M current supply = 1.9%, counted as a documented instamine; if the destruction claim is accepted, the figure is 0.

No fundraising; the launch controversy concerned early self-mined coins handed to the BTC-e exchange.

No ICO or sale documented; the 110k NVC handed to BTC-e was reportedly destroyed rather than sold.

PoW subsidy (max 100 NVC, falling with difficulty) and PoS interest go to the block producer; no developer or treasury output in the code.

clients is 0 because the only implementation has had no release in 24 months. The input's 2.34M circulating figure is stale: the README states ~5,742,051 coins mined and cryptoID shows ~5.8M. cryptoID's supply also jumps by ~213k NVC at block 1,100,812 (2026-10-02) because it counts a transaction with unresolved inputs as newly created, which is an explorer artefact, so inflation uses figures before that block. The premine evidence is secondary (99bitcoins, Peercoin forum); the original BitcoinTalk posts were not retrieved.

Sources: github.com · raw.githubusercontent.com · chainz.cryptoid.info · 99bitcoins.com · talk.peercoin.net · github.com. Researched 2026-10-26, low confidence.

The work behind it

No source we can reach publishes a hashrate for Novacoin.

What a regulator has said

No SEC/CFTC determination — unclassified.

The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.

How CoinSpectrum ranks Novacoin

Novacoin is #303 among cryptocurrencies and #2986 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 2683 places between Novacoin's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.

The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).