Novacoin is a cryptocurrency that utilizes proof-of-work and proof-of-stake block generation; this makes Novacoin an eco-friendly altcoin. Novacoin is completely open-source and is available for all users to inspect and study. Novacoin has a bright and engaging community that is willing to help newcomers use and understand Novacoin, and it can be used with many online retailers and can be converted to bitcoin quickly and efficiently, making it a very easy to use altcoin. Novacoin offers the same levels of security and privacy as other top-rated cryptocurrencies while still keeping transactions almost instantaneous and free of the high transaction fees that typically occur with more traditional banking methods.