Listen up all of you who think you're smart because you bought some Nav om bittrex for 1.300 or perhaps even lower back in the day. This coin had momentum right now in anticipation of poloniex switching to the new chain. Because of this news the coin had a pre pump to around 4k and was holding strong, absolutely ready to go to 4k again or even higher because of the anticipation. You've dumped it till you've killed it possibly delaying it's start for another month or more before anything new happens. Do you hate money that much?
this is nature of humans --> greed only ! and now that polo switched to NAV 2.0 the price will drop even more because all this "daily traders" will push it back This isn't greed, it's fear. Again: assholes you killed it!!! You could have sold small batches all day into ever increasing prices.
How do you dump 6.6 bitcoins in one candle on a coin that has 10 btc volume. If anyone has any brains and money this coin needs a rebound now before it fades.
How do you dump 6.6 bitcoins in one candle on a coin that has 10 btc volume. If anyone has any brains and money this coin needs a rebound now before it fades.
it's called greed not fear It might just recover if the dumping stops. I see a green candle. It's dim but perhaps it will grow.
don't panic and hodl Listen up all of you who think you're smart because you bought some Nav om bittrex for 1.300 or perhaps even lower back in the day. This coin had momentum right now in anticipation of poloniex switching to the new chain. Because of this news the coin had a pre pump to around 4k and was holding strong, absolutely ready to go to 4k again or even higher because of the anticipation. You've dumped it till you've killed it possibly delaying it's start for another month or more before anything new happens. Do you hate money that much?
Great to see people discussing NAV here. Fresh air coming to this thread. I have to disagree on those concepts though. I think that now since all the exchanges are in the same blockchain only growth can happen. The price spikes in Polo were purely because there were not so many coins on sale!!!! I saw about 500k vs 4mill in Bittrex. Now the buy wall in Bittrex moved from 22 BTC to 17 BTC and the wall in Polo jumped from 6 BTC to 17btc!!! That's impressive. That means price will grow. The fact that Polo moved (A bit late) to NAV 2.0 is not a big milestone or anything like that. That should have happened a month ago! So new investors will come for NAV features not unrealistic pumps. Anyways!!! Good times ahead!
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waiting maintance wallet POLONIEX IS TRADING NAV 2.0 now! You can deposit NAV 2.0 coins there. (I have done it earlier)
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So polo swapped? i dont see anything official.
I can confirm that. I just sent some coins from trexx to polo and there's a message on their announcement box below the trollbox
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... No more cheap NAV
, Or no more expensive one on poloniex. I hope price will go up but life is brutal.v NAV will sit between both prices. Which is the healthy thing. Then when Web Wallet/ Mob Wallet gets release price will keep flowing up. The coindesk article brought more than 130 btc of trades to Poloniex. And that was just an announcement of things to come. I am not going to predict any price, But I think if you were supporting this coin for a while you'll be super happy and if you just got in, you''ll be happy too! Friend, you have the link there coindesk this article? It was this article that led to NAV to hit the home of 16K in Polo? Here it is... http://www.coindesk.com/press-releases/cryptocurrencies-dark-horse-nav-coin-swap-thoroughbred/
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... No more cheap NAV
, Or no more expensive one on poloniex. I hope price will go up but life is brutal.v NAV will sit between both prices. Which is the healthy thing. Then when Web Wallet/ Mob Wallet gets release price will keep flowing up. The coindesk article brought more than 130 btc of trades to Poloniex. And that was just an announcement of things to come. I am not going to predict any price, But I think if you were supporting this coin for a while you'll be super happy and if you just got in, you''ll be happy too!
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Have you tried a ''repairwallet'' on the debug window?
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Just out of interest. Does anyone know how many coins are on the V1 network?
Around 8.5 mill unswapped coins. And FYI we just received email from polo they are preparing the old nav and setup the new ones right now. So then a few more million will be swapped Great news guys! Now everything will be stable.
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massive sell wall on Bittrexx
Whoever put 300k @ 1300 SATs on Bittrex... THANK YOU!
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ok, I was wondering what was going on between nav on polo e nav on trex, I've them on trex and I saw the price pump only on polo...
Hi, Please rewind on the thread. It has been discussed quite thoroughly. In short: NAV updated its blockchain through a hardfork. Bittrex performed a coin swap 6 weeks ago. Polo is still running what we call NAV 1.0... Dev team is in talks with Polo to upgrade to NAV 2.0 Cheers!
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Please wait a bit. we are planing the update with polo and we will inform you, if someone needs to take action!
thnx
Great mate! It's very annoying the lack of info they provide to their users! Keep it up!
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I bought the other day NAV in poloniex but I heard is version 1 and not version 2. Do I have to do anything or Poloniex will convert from version 1 to version without me doing anything?
It seems to be that Polo eventually will jump to NAV 2 but at this stage they might treat it as a new coin. So YOU will have to do the swap. Here is the link to do the manual swap: http://www.navcoin.org/upgradeI've been in Polo troll box and mods don't know anything (or they don't want to tell) and got an email from their ticket system saying: ''Hi --------, I apologize for the delay. We are running the original version of the coin and blockchain, NOT the version 2.0 If you need to swap the coins, they should have information about that on their website or forums, and you could withdraw any from here to do that. Best regards, John Brown Poloniex Support'' At this stage I would wait until NAV 2 is supported or do the swap and trade in Bittrex. It's a shame that the Coindesk article ( http://www.coindesk.com/press-releases/cryptocurrencies-dark-horse-nav-coin-swap-thoroughbred/) Brought new investors to a coin with new releases about to come and Poloniex haven't upgrade it yet. Thanks! J
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soopy452000 Lead & Main Projects Developer Contact: Bitcointalk Donate: NAV: sa2Bcngwwaew73AdBLaBpf5sLUzrRd8h46 BTC: 1av5DS2QZoHCfYBd9KwLFsi6AqGS1W5JN
pakage Wallet & Web Developer Contact: Bitcointalk Donate: NAV: sa17i3piENaPDpfVkAM4sXBV6va3iHZC1u BTC: 1PtvmBGQSuTzfgt4dBaYUz18jg4yzg5Bzu
shahim Systems Engineer Contact: Bitcointalk Donate: NAV: sVMF2WoVAXrTQ9wmh131qG7g6WTxak35tB BTC: 1GFbfNcmTwqH8cKzKptZR2NwfzVnZob8MY
Strugg Community & PR Manager Contact: Bitcointalk Donate: NAV: sdR5v6QN85BVQC7zQV3qEQUhtPyupFjuWJ BTC: 1EqD7WWag8oEC5W3eXWr9yvMidgAAnHGxN NAV Coin Foundation Trust | | | |
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Bitcoin: 1JGXCDgLAvVFNDJETuLsA7obTgu4JThFfD
| | | Windows (ONE CLICK INSTALLER) | Windows | MacOS | Linux | | | | | | | | | |
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2 YEARS since we started this crypto adventure! Congrats to the DEV team, the hardcore community (oldies supporters) and to all new investors. NAV is great!
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NAV Coin 2.0
Dear NAV Community!
We are very glad to announce a long list of improvements coming in our next update to NAV Coin. Primarily our goal for this release is to deliver the BIP32 update for NAV Coin. If you don’t know what BIP32 is, you can read more about it here:
https://github.com/bitcoin/bips/blob/master/bip-0032.mediawiki
It’s quite complicated, but the short version is that apart from the benefits of BIP32 itself, it will mean our wallet is now compliant with the accepted wallet standards for remote reading of the NAV blockchain. This compliance allows us to then develop javascript based web wallets and mobile wallets which are fully qualified wallets. The wallets will be able to operate without needing to download the entire blockchain which can be impractical on devices with limited storage or low performance.
After a long and at times painstaking process of attempting to retrofit the BIP32 standard of Hierarchical Deterministic Wallets to the existing NAV Coin code base we recently changed direction towards a faster and frankly better solution.
As a team we decided the best way forward was to rebase NAV Coin from a more recent fork of the Bitcoin Core which includes the BIP32 Updates and as an added bonus we also get a long list of all the other updates which Bitcoin has implemented since we last forked from them 2 years ago.
New Features in NAV 2.0
Here's the summary of some of the improvements we will be deploying:
BIP 32 - Hierarchical Deterministic Wallets
https://github.com/bitcoin/bips/blob/master/bip-0032.mediawiki
Capability to generate wallet addresses from a single private seed. This allows the user to re-generate key pairs from the seed if the wallet is lost. Backup frequency is reduced. Wallet generation methods are now compliant with web & mobile wallet standards.
BIP 38 - Passphrase-protected Private Key
https://github.com/bitcoin/bips/blob/master/bip-0038.mediawiki
Capability to encrypt and encode a passphrase protected private key. Typically intended for use on paper wallets and physical coins. Users will now be able to store their coins offline in secure cold storage.
BIP 100 - Floating block size hard limit
https://github.com/jgarzik/bip100/blob/master/bip-0100.mediawiki
Maximum block size is increased to 20MB with the maximum size for mined blocks set to 10MB. Block size is dynamic and changes in response to the volume of transactions. This future proofs the coin to be capable of handling all perceived future transaction volumes.
There are even more BIPs which will be included in the NAV 2.0 release. The full list of BIPs will be announced in the coming days when we verify their implementations.
On top of the added BIPs, the wallet we are deploying has some really nice extra features built into it:
Updated User Interface
As you can see, we’ve refreshed the branding in the wallet to match the websites branding. This branding will be rolled out through the rest of the wallet before launch. You can see the Anonymous Send feature on this send coins dialog window.
Bittrex Trading
The new wallet has the capability to connect to Bittrex with API Keys to trade NAV directly from within the wallet. You can see the current market orders, place & cancel orders as well as see your trade history.
Messages
This feature allows users to send encrypted private messages to other users by their wallet address. All communication is directly from wallet to wallet ensuring maximum privacy.
Block Explorer
The new wallet allows you to look up addresses and transactions from directly within the wallet.
The wallet also includes all the standard features you expect in a cryptocurrecy wallet (send, receive, backup, transaction history etc..)
Upcoming Features in NAV 2.1
With the new wallet deployed it means that we will now be able to finish off and release some of the work on our projects page which was previously blocked by the fact we weren’t able to use remote block chains and performance issues. This includes:
Mobile NAV Coin Wallet
As explained, we will now be able to deploy a mobile NAV wallet for both Android and IOS. Users to have a fully qualified wallet with the coins stored on your device. When we release our mobile wallet we will in a very small club of Proof of Stake coins with a mobile wallet. Then with phase 2 of the mobile wallet the NAV Coin dev team will unlocked a massive milestone; World’s first anonymous cryptocurrency transaction using a mobile phone!
Web based NAV Coin Wallet
Similar to the Mobile wallet, this allows us to build a fully qualified wallet that you can use through your web browser. You could then either run the code from your computer and / or we could integrate it into the NAV website for you to use.
Raspberry Pi Staking Unit
With the performance increases achieved by implementing all the BIP’s we’ve integrated by rebasing NAV Coin will allow us to successfully run the Raspberry Pi staking units. This is going to be a great system you can use to mine NAV very cheaply. Initially it will be a deployment which you run on your own Raspberry Pi and subsequently optionally purchasing a touch screen version from us.
Expect to see these updates released in the near future.
Action Plan for the Release
What does rebasing NAV Coin mean in practical terms?
It is quite a big transformation for NAV Coin to undertake. We did look at implementing the new code base and then refactoring the source to work with our existing blockchain. This process however could have easily taken another 2 months of development time or possibly more. We have a lot of great features planned for the next quarter and didn’t want to waste any more time by attempting the refactor to who knows what end. What we have decided to do instead is to create a new genesis block with all the updated configurations to work with the new source and start the NAV Coin blockchain again from Block Zero.
This means a couple of things will have to happen over the next few weeks to get everyone onto the new block chain.
Bittrex Coin Swap
We have contacted Bittrex Exchange to host the swap process.
We've always been working effectively with Bittrex and it's NAV markets always had the biggest volume. Based on that we believe that our Community also puts as much trust in their team as we do.
Bittrex has successfully performed many coin swaps in the past and has a very safe and reliable system in place to make sure that everything goes smoothly.
All coins will be swapped at a value of 1:1. You will still have exactly the same amount of NAV as you do now and there will still be the same total number of NAV as there are now, so your coin’s will retain the same value.
Swap period on Bittrex will take 2 weeks. We will begin the swap as soon as the new code base is tested to our satisfaction.
After that 2 week period time there will be no option to swap your coins using exchange and the old coins will no longer be valid on the exchanges.
We will offer additional 2 weeks of manual swap after that. To swap your coins manually you will need to contact Development Team directly and we can help you make the swap.
This procedure takes a lot of time and efforts, so please swap Your coins during first 2 weeks using Bittrex.
After the total 4 week swap period, the NAV Foundation will assume guardianship of any unclaimed coins. From then onwards users can contact us if they missed out on the swap and we will do our best to see they get their coins upgraded. Past that, the foundation will use the unswapped coins for covering the costs of new projects and server’s upkeep.
We are still confirming the details and timelines of the swap process with Bittrex and we will post another update when we can confirm the start date. That said, our goal is to initiate the coin swap within the next 2 weeks unless otherwise necessary.
Anonymous network maintenance
We will have to take the NAV Anonymous Network offline for maintenance so that we can begin to port the Anonymous Sending code to the new wallet and test it.
The NAV Anonymous Network will be offline from Thursday 14 March @ 9:00PM GMT until Sunday 17 March @ 9:00AM GMT or until otherwise notified.
Please keep that in mind in case you would need to use that function. We would advise not sending any coins through the anonymous network less than 15 minutes prior to the maintenance time.
Ongoing development
Anonymous Network Decentralisation
Decentralisation of the Anonymous Network is of course still in the pipeline. Once we have the coin swap sorted I will port all the work I have done previously to the new wallet and then resume working on the decentralisation project. It will only be a minor step sideways for the project, i will not have to discard my work and start over. I will update you on this project’s status and timeline on the other side of the coin swap.
As always - We would like to thank You for all Your support!
Please stay tuned & keep an eye on NAV Coin during this exciting time.
Best Regards!
- NAV Coin Development Team
HI guys, This is the post from DEV team explaining NAV 2.0 The auto SWAP already took place last month on Bittrex. If you need to Swap your coins from Poloniex, other exchanges or old NAV wallets click here: http://www.navcoin.org/upgradeCheers!
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So NAV on Bittrex is 2.0?
YES!
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'r' is missing.. But Stil old version on polo? And it get 4000? did you read what was posted right before your post?? I need confirmation if I understand correct Polo is trading NAV 1.0 at the moment. We have been pushing them to upgrade to NAV 2.0 and it seems to be that this will happen soon. http://www.navcoin.org/upgrade
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HaShForce101 v Poloniex
They wouldn't even want to try . The Poloniex market would last at top 1Hr .
Wee need to Troll their trollbox... I am doing it as we speak. Also put a request on the new coins bit... I just placed a ticket here: https://poloniex.freshdesk.com/support/home
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this is a confusing coin, i tried to transfer my coins to Polo. seems they are 2 different coins. why isint polo Nav coin changed to 2.0?
Hi Rav3n85, Please go back on this thread to fin the answer. In short: NAV team with agreement of it's community decided to hard fork in order to apply updates to it's blockchain (BIP tech, etc) There was an auto-swap with a rate 1:1 in Bittrex. It went very smoothly. And dev team implemented a manual swap. Poloniex is yet to accept the new blockchain NAV 2.0. Devs have been in touch with Tristan (POLO owner) and all the information is in previous pages, In short: We need to put pressure in Polo so they can move to NAV 2.0. Regards,
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price prediction anybody? polo needs more support, price dropping.
I would focus more on the exchanges trading NAV 2.0. Bittrex and Alcurex. That's the real price. I can't predict price though. I wish it keeps rising! Nice buy support! @ Bittrex...20 BTC...That will keep price over 1000 sats. If that could be the base it would be great!
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why is nav so low in bittrex?
Because NAV in Bittrex is NAV 2.0 running the new blockchain with BIP32, etc. Mob wallet and Android are on their way. Unfortunately POLO haven't upgrade their wallets. They are running NAV 1.0 If you have coins in POLO the recommendation is to do the manual swap to NAV 2.0 on this link: http://www.navcoin.org/upgrade
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