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NBcoin

Algorithm:

What is NBcoin?

NBcoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. NBcoin provides faster transaction confirmations (2.5 minutes on average) , SHA256 mining proof-of-work algorithm to compatible with bitcoin mining tools. The NBcoin network is scheduled to produce 84 million currency units.

Release date: September 1st, 2013

Specifications

  • SHA-256 Algo
  • Proof of work scheme
  • 2.5 minutes block targets
  • 50 coins per block
  • Subsidy halves 4 years (every 840,000 blocks)
  • 84 million total nbcoins
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