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NOVA Token Creation
The NOVA token is created using a hybrid quantum-secure token issuance model on NovaNet’s Layer-1 blockchain. This ensures scalability, decentralization, and post-quantum security. Below is a breakdown of the NOVA token creation process.
The NOVA token is generated using Quantum Delegated Proof-of-Stake (Q-DPoS) and is secured by post-quantum cryptography (PQC). The creation process follows these steps:
At the blockchain launch, an initial supply of NOVA tokens is created in the Genesis block.
{
"genesis": {
"initial_supply": 1000000000,
"token_name": "NOVA",
"token_symbol": "NOVA",
"decimals": 18,
"validators": [
{
"address": "NOVA1x3y5a8...",
"allocation": 50000000
},
{
"address": "NOVA1y6z8d9...",
"allocation": 30000000
}
]
}
}
- The initial supply is set at 1 billion NOVA tokens.
- Validator rewards and ecosystem funds are pre-allocated.
- Governance proposals control future token emissions.
NOVA tokens are minted through:
- Validator rewards (Quantum DPoS staking)
- Network participation incentives
- AI-driven fair token distribution
NovaNet follows a dynamic minting model to prevent inflationary risks.
Where:
-
$$M_t$$ = Newly minted NOVA tokens per block -
$$BBR$$ = Base Block Reward (initially 5 NOVA per block) -
$$t$$ = Current block height -
$$T_{max}$$ = Total supply limit (1B tokens)
- This reduces token emissions over time.
- Ensures controlled inflation for long-term sustainability.
NOVA tokens power the NovaNet ecosystem, enabling:
- Gas fees for transactions & smart contracts
- Staking for validator selection
- Cross-chain interoperability with Ethereum & Polkadot
- Quantum-Secure KYC NFTs & Decentralized Identity (SSI)
NOVA is implemented as a Quantum-Secure Smart Contract:
// Quantum-Secure NOVA Token Contract
contract NovaToken {
string public name = "NOVA";
string public symbol = "NOVA";
uint8 public decimals = 18;
uint256 public totalSupply;
mapping(address => uint256) public balanceOf;
constructor(uint256 _initialSupply) {
totalSupply = _initialSupply * (10 ** uint256(decimals));
balanceOf[msg.sender] = totalSupply;
}
function transfer(address _to, uint256 _value) public returns (bool success) {
require(balanceOf[msg.sender] >= _value, "Insufficient balance");
balanceOf[msg.sender] -= _value;
balanceOf[_to] += _value;
return true;
}
}
- Post-quantum cryptography ensures transaction security.
- Gas-optimized transactions with AI-driven fee adjustments.
- Supports cross-chain transactions via bridges.
NovaNet uses Lattice-Based Cryptography (like CRYSTALS-DILITHIUM and FALCON) to prevent quantum attacks on transactions.
- Quantum-Resistant Key Exchange (Lattice-Based Signatures)
- Hash-Based Digital Signatures (XMSS, SPHINCS+)
- AI-optimized fraud detection in token transactions
Every transaction is secured using:
Where:
-
$$H_{lattice}$$ = Quantum-resistant hash function -
$$T_x$$ = Token transaction details -
$$S$$ = Private key signature -
$$e$$ = Randomized error vector for security
- Prevents quantum computers from forging transactions.
NOVA holders stake tokens to:
- Participate in governance voting.
- Support network validators.
- Earn staking rewards.
Staking contract:
contract NovaStaking {
mapping(address => uint256) public stakedBalance;
function stake(uint256 _amount) public {
require(_amount > 0, "Cannot stake 0 tokens");
stakedBalance[msg.sender] += _amount;
}
function withdraw(uint256 _amount) public {
require(stakedBalance[msg.sender] >= _amount, "Insufficient stake");
stakedBalance[msg.sender] -= _amount;
}
}
- Token holders earn rewards based on network participation.
- Staked NOVA tokens enable validator selection.
NOVA tokens are used for gas fees in NovaNet smart contract execution.
However, AI optimizes gas costs dynamically:
Where:
-
$$G_{NOVA}$$ = Final transaction gas fee -
$$G_c$$ = Base gas fee -
$$\alpha_{AI}$$ = AI-based scaling factor
- AI reduces gas fees for low-congestion transactions.
- Prevents network overload by adjusting costs dynamically.
Feature | Description |
---|---|
Quantum-Secure | Lattice-Based Cryptography protects transactions. |
Staking & Governance | Holders can stake NOVA and vote in AI-powered governance. |
Cross-Chain Interoperability | Bridges support Ethereum, Polkadot, and Cosmos. |
AI-Powered Fee Optimization | Smart AI dynamically reduces gas fees. |
Validator Rewards | Validators earn NOVA based on Q-DPoS participation. |
- NOVA is a quantum-resistant, AI-optimized, and scalable blockchain asset.
🔗 NovaNet Whitepaper
🔗 Quantum-Secure Smart Contracts
🔗 Quantum-Assisted Virtual Machine (QAVM)
🔗 Quantum Entangled Bridges (QEBs)
NovaNet’s NOVA Token Model is open-source, and we welcome contributions! You can help by:
- Forking the repository and submitting pull requests.
- Improving documentation and optimizing tokenomics.
- Providing research on quantum-safe token issuance.
🚀 Start contributing: GitHub Repository
📢 Join the NovaNet Community!
💬 Discord: Join Discussion
📢 Twitter: @NovaNet_Official
👨💻 Telegram: Community Chat
🌍 NOVA is the world's first AI-enhanced, quantum-secure blockchain asset! 🚀
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