Novo: the renaissance of programmable money
By refining the infrastructure and the virtual machine, Novo reactivates the classic utxo-based scalable technology technology, unleashing its significantly undervalued parallelizable transaction processing capability and layer-1 programmability.
Unlimited Transaction Processing
Unlimited transaction processing capability is always the first and the most concerned issue on Novo.
Large-scale Non-blocking Smart Contract
A non-blocking smart contract model is effectively prepared for large-scale applications.
Classic UTXO Model
for Massive Parallelization
The utxo model is the greatest parallelization-friendly technical innovation that blockchain brings.
Features
- Symbol: NOVO
- Decimal: 4 digits
- Block Time: 150 seconds
- Block Reward: 2,000,000 NOVO
- Halving: Every 210,000 blocks (1 year)
- Total Supply: 840,000,000,000
Starting freshly from block 0 with an altered mining algorithm implementation encourages fair participation.
Refined Virtual-Machine
advanced VM-level enhancements that make onchain programming simpler
Full Opcodes Scripting
honors full-featured oracle-less 100% L1 smart contract
Start From Block 0
starts freshly from block 0 without forking existing chains
Faster Confirmation
favors 150 seconds confirmation time like LTC
Improved DAA
favors altered difficulty adjustment algorithm using ASERT of BCH
Tagged SHA256 Mining
favors tagged-sha256-mining using tagged hashing