"Peercoin's original and noteworthy innovation is the proof-of-stake+proof-of-work hybrid system."
"Novacoin is a hybrid scrypt Proof-of-Work (PoW) + Proof-of-Stake (PoS) based cryptocurrency operating with no central authority via peer-to-peer open source network. Novacoin has no hard cap except for the 2 billion coin max that has been entered for coding purposes; this can be lifted in the future if needed."
edit:
----------------------------------------------------------------------------------------------------------------------------------------
Primary Difference Between them:
Sonny King is the creator and designer of PoS with his Peercoin that has lead the way for all PoS types.
These are the first two Hybrid Crypto-Currencies with both PoW & PoS combined in each of them.
Peercoin - The Proof-of-Work in Peercoin is based on SHA-256 like Bitcoin is. Plus the evolutionary PoS by Sunny King.
Novacoin - The Proof-of-Work in Peercoin is based on Scrypt like Litecoin is. Plus PoS adapted from Peercoin's PoS.
---------------------------------------------------------------------------------------------------------------------------------------
What’s the Difference between NovaCoin and PPCoin?
------------------------------------------------------------
see this for starters:
http://novacoin.org/wiki/SEE their mining history for yourself on easy to read charts!
cryptometer.org - Historical Mining Rate Production Charts
-----------------------------------------------------------------
http://cryptometer.org/index.htmland
NOVACOIN
-------------
http://novacoin.org/The Correct Download site for Novacoin (NVC)
----------------------------------------------------
http://sourceforge.net/projects/novacoin/files/and
PEERCOIN
------------
http://peercoin.net/ (new?)
https://en.wikipedia.org/wiki/PeercoinThe Correct Download site for Peercoin (PPC)
--------------------------------------------------
http://sourceforge.net/projects/ppcoin/http://www.ppcoin.org/ (down at the present time?)
I think their about to switch them around so the .org will come back.
Their remodeling the home site as I recall when I was reviewing
PPC threads again early this week?
Many superior newer issues are based partially on one or more of the two above from what I have learned reviewing things.
.
These are improved models over PoW Only Types, imo. But that doesn't make it so just because I or others think so! Yet they do have some very innovative features that will very likely prove irresistible to many, again, imo.
These don't take anything away from properly built PoW-Only issues such as Bitcoin for example.
As for the allegations of Novacoin pre-mining. Well even Bitcoin was a premine of a sort, well maybe "insta-mined" is a better fit, but it too doesn't exactly fit. Okay, yea it does fit, okay, well sorta it doesn't, well...sorta it does...IF allegations are 100% accurate! Impossible to say with any certainty at all. It's all hearsay that I heard so far. See the very first week it appears that the developer(s) got to mine bitcoin for several days, all, or mostly by themselves. Get over it. I did in about the time that the video ran.
Video: RE: Bitcoin
------------------------------------
Satoshi has how many Bitcoins?
------------------------------------
http://www.thebitcoinchannel.com/archives/29156 It's called Capitalism. Not Socialism. Not Communism. And not Fascism. But instead, real, live, decent, and a vastly superior alternative to our present fiscal and monetary systems and policies. They deserve what ever they ultimately get as long as their never punished but instead handsomely rewarded. They EARNED it. At least in my own mind they earned it. And a whole lot too! But a drop in the preverbial bucket in the scheme of things. That's fine too. For the gift they handed the world, mankind, and the future generations that's the bargain of the millennium, and then some. Once one catches on I think they will agree too. As long as their not...well figure that out yourselves!
See the link for the Mining History Charts I listed above and below. It's all there, except WHO was doing the mining! So whatever. They EARNED it. Unlike a whole lot of others that claim that their billions and power earns them the right to pay less of a percentage of their incomes in taxes than us 'little people'. Wrong.
This is ALL ABOUT DECENTRALIZATION of Power and Control by the Few over the Many. Or in other words to simply to take the Credit Card away from our crazy and wild children (Governments and Bankers). And in doing so we are forever freed of having to carry their water for ever more! ''They don't relish this concept. But at least some governments are seeing many of the vast benefits this will all bring to everyone, them too. And realizing that this is a vast improvement for all of us, even governments and bankers too, imagine that, and most of those bankers fear what they should readily embrace. Guess their not the 'best and brightest' after all, lol...
Their grownups. They are willing to tolerate this as long as it doesn't overwhelm them all at once. We're all likely to have both existing fiat currencies we all know and use, and crypto side by side for quite some time to come. That's perfectly acceptable to myself, finally something acceptable! Did I stress FINALLY...! yea, finally!
Ever so slowly we can all help turn this world around and make it a whole lot better if only we try. These are The Solutions. Many of these types of Crypto-Commodity-Currencies (CCC)= just coined the phrase CCC myself. Run with it.
If you care to know the detail of Novacoins history here are two great, private, secure, offshore search engines. Think of great search phrases and have at it.
I am rather sure you can quickly get the picture if you spend enough time reading all sides to the story. Just realize that sometimes the truth lays in between the allegations and the defensive statements. And sometimes it doesn't.
https://www.ixquick.com/https://startpage.com/ Above all else do your due diligence! (read, study, learn, research). Earn it.
--------------------------------------------------------------------------------------
repeat:
--------
What’s the Difference between NovaCoin and PPCoin?
------------------------------------------------------------
see this:
http://novacoin.org/wiki/and
SEE their mining history for yourself on easy to read charts!
cryptometer.org - Historical Mining Rate Production Charts
-----------------------------------------------------------------
http://cryptometer.org/index.htmlCaveat emptor - let the buyer beware!