This is for the noob investor who repeatedly keeps asking for a timeline
Today is the 30th July
Navajo Coin became the official name on July 7, 2014 and is a rebrand of SummerCoinv2.
Whitepaper, revealed July 12, 2014.
Navajo Coin also has a 0% premine, making it a clear favorite among those who value a fair distribution +1
The price of NAV is insanely insanely cheap . Wake up and dont be blinded by impatience and day traders.
Sell you NAV if you dont have patence and go to another coin.
Undersatnd the underlying technology and codeing required to implement these features in the white paper and understand, that the code was attacked not that long ago.
Quote from
http://www.cryptobang.com/2014/07/14/navajo-coin/ "The genius of Navajo Double Encryption allows this encryption to take place directly from the nodes and uses a subchain in order to avoid blockchain analysis, allowing NAV to obtain a huge step ahead of CryptoNote coins. Navajo Double Encryption avoids leaving a traceable connection between the originator of a transaction and the recipient. This technology allows it to be even more innovative than CryptoNote coins.
The path that financial transactions are routed along Navajo Double Encryption starts from the initiator and enters into the participant’s node of choice. When sending a payment, a user simply needs to place the recipient’s address, enter a decentralized node and send the payment in Navajo mode.
After an anonymous payment has been initiated, it moves to a decentralized node that anyone can run. This node has the responsibility of encrypting the transfer with a cryptographic hash function. This encrypted information then moves into the subchain and moves forward to the next step.
Through the subchain, the encrypted transfer reaches the Navajo Magic Gateway (NMG) and the Choctaw Star Gate (CSG). These two protocols work together by decrypting the transfer and allowing reentry into the main blockchain. The NMG receives information regarding the destination address and the amount of a transfer exclusively. It then relays this information to the CSG, which in turn verifies a payment by performing a checksum and a code signing. The CSG then sends the transaction onto the main chain and the recipient receives their transfer.
The purpose of all of these steps are to ensure that a transaction cannot be traced from point A to point B. Those who wish to use the public ledger or the subchain to determine both the sender and the recipient will be unable to do so. The main blockchain only displays the address of the recipient and the amount of the transfer.
This entire process removes any “paper trail”, as there is no way to trace or link each respective wallet used to perform the transfer. Navajo Coin also uses random variable fee and splits up the amount of a transfer among multiple addresses in order to avoid analysis based on the quantity of a transfer. NAV requires 3 confirmations in total and the implementation of an anonymous transfer do not increase the amount of time required to complete a transfer.
While this revolutionary method of anonymizing financial transactions is a game changer, Navajo Coin has taken it upon their shoulders to introduce an anonymous messaging system as well. Users can use the On Wallet Messaging system in the client to send anonymous messages back and forth. This decentralized messaging system works in the same way as the monetary transfer system. Again, just like monetary transfers, use of the subchain is crucial to privacy and messages aren’t saved on the server. The ability to discuss concepts over the Internet with a shield of privacy is something that has an exponentially growing interest. As soon as more people have an understanding of the technology utilized through Navajo Double Encryption, the popularity of the protocol will explode."
Sum2Dev is at least responding
People get sick
Wallets are staking and mining coins very well. As far as I can see there are 0 issues but awesome buy price
http://www.cryptobang.com/2014/07/14/navajo-coin/
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