Please retweet: https://twitter.com/NAVCoin/status/746993801781121024

Let's keep the pressure up on Poloniex NAV. Almost 20% gone from order books over the last week! We are getting the word around! Keep it up!

Yes please. We would have a much easier time getting them to upgrade to the new chain if there was no nav on their system. Part of their complaint is that they have no permission to swap people's coins without agreement from each individual. This complaint would disappear if there was no nav in their system.

Hi Guys, here's the latest news from the Nav Coin Development team.

Manual Coin Swap

The manual coin swap seems to be running without issue. We have not received any complaints of lost coins or anything of that nature which is always good news. The swap wallet now contains almost 50 Million coins which means that an extra 2 Million coins have been swapped through the system. We hope this number will continue to rise as more people hear about the coin swap and take part. We want everyone who has legitimate claims to coins to get theirs back and only Cryptsy and other fraudulent exchanges to be blocked by our coin swap. There are around 500,000 old Nav coins still in sell orders on Poloniex and who knows how many in their Nav wallets. If anyone has any ideas on how to communicate with the Poloniex users and get them to withdraw and participate in the swap, please let me know. I have posted the news to /r/poloniex wtih limited success.

Decentralisation

I have started to port over my decentralisation work to the new code base. The good news is that it is compatible with the new wallet so we have not taken any step backwards here. Another win is that most of the necessary scripts for the decentralised API implementation in the send coins dialog have already been applied to this new code base before we put out the initial release of the new wallet. Additionally, the coin swapper system I wrote in NodeJS is going to be the base I use to re-write the anonymous sending scripts ready for decentralisation which means we have taken a lot of steps forward on that part of the project.

The new branch for my work can be followed here: https://github.com/navcoindev/navcoin2/commits/NAV%23001-decentralisation

With the latest commit being this one: https://github.com/navcoindev/navcoin2/commit/d304861fd4eadec4c6bf68044e91116bc6b6817f

I will continue to work on this and post my weekly updates as I previously did before the coin swap occurred.

Web & Mobile Wallet

Shahim is making some great progress with the Web and Mobile wallets behind the scenes. We have been in communication with a team who are specialising in POS web wallets and we are currently working with them to see what they can bring to NAV Coin and how we can speed up our development of our Web and Mobile wallets by using their products and features. I'm sure Shahim will have more to report on that as things unfold over the coming days.

Poloniex

We have been in communication with Poloniex about our coin swap since the weeks leading up to June 1. We are having some minor issues with them accepting the new coin onto their exchange. We are confident they will accept the new coin but we need to work with them so they are sure our coin swap complies with their terms and conditions. I have been trying to contact them again over the last few days to resolve this issue but as you could imagine they are probably quite busy considering the DAO Hack they are dealing with. We will continue to work with them to resolve this issue as quickly as possible and let you know any news as soon as we receive it. For now, the Poloniex market is open for withdraw of all NAV 1.0 and users can then swap it using our coin swap feature for NAV 2.0 in preparation for the opening of their NAV 2.0 market.

Marketing

We were successfully published in a number of online publications in the lead up to the coin swap. We are still working at distributing a second article around the web to inform people of the manual swap process and raise Nav Coin's profile. Currently our article is sitting with CoinDesk for approval as well as other publications and we hope they will be released in the coming days.

I have also been working closely with Sophia since the coin swap and she is in the process of putting together some overall marketing strategy documents which we will use as a framework for our marketing campaign to promote the new features of Nav Coin as we make our progress through our road map.

Forum Signature

I've put together this forum signature that people can use. It's pretty basic but does the job:

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████████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ████████████████████████████████████

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NAV COIN ▪ ANONYMOUS SUBCHAIN TRANSACTIONS ▪ NAVCOIN.ORG ▪ BITCOINTALK.ORG

Feel free to copy and paste it into your profile!

Other News

As always, we are forever trying to think of new ways to make Nav Coin great again. We have been brainstorming a few good ideas we have for the road map and look forward to sharing them with you soon.

Yours in never ending dedication,
Craig.

Great idea, we will get in touch with them!

Correct, please follow the instructions on the website and feel free to contact us if you have any issues or questions!

Still working on it with their support team sorry. Will update as soon as it is resolved.

We are in the process of overhauling the OP with more current information 

NAV / BTC price has gone down, but if you look at the NAV / USD price we've actually been relatively stable over the last few weeks considering the BTC price has surged. This can be seen in our USD market cap graph which is still in the $250,000 range. Current price is equivalent to approximately 1000 SAT same time last month.

http://coinmarketcap.com/currencies/nav-coin/

We have things ticking over on our end and will keep checking in to report progress on our road map as things unfold.

Talk soon,
Craig.

For now the coin swap is open ended. Minimum swap period will be 1 month from the bittrex swap, but we have not announced the close date yet. It will likely be open longer than 1 month, but please try and get your coins swapped as soon as possible. We will have to close it at some point so we can stop paying for the servers we have setup for the swap and the servers used to stake the old block chain to keep it running.

The params should be the same, I will investigate and get back to you.

Manual Coin Swap

Dear Nav Community,

Some update on our progress over the last week. The Bittrex Coin Swap went very smoothly. No reported problems from Bittrex, they were happy with how it went and the new block chain appears to be functioning perfectly. In the end we had 47.5 Million coins swapped out of a total of 59 Million! That's a pretty high percentage for the first stage of the swap as we can all agree. We published to as many crypto news sources as we could and we think the word got spread quite well! Thanks for your help spreading the word via social media etc over the last few weeks! We will keep you updated on this figure as the manual swap comes to a close. I would guess that once Poloniex switches over and some of the late comers swap their coins the amount left will be pretty close to the amount we believe is tied up in the dead exchanges.

At this stage we are looking to have the manual swap open for 1 month since we have some delays with Poloniex but we will confirm this. We may even extend it further to make sure no one misses out!

I have modified a version of the old wallet to allow the input of a Nav 2.0 address where we send the new coins to. I have also programmed a NodeJS server to perform the coin swap. This is actually the backbone of what I am porting the anonymous network to use, so this code also counts towards some percentage of the decentralisation work!

Instructions on how to perform the manual swap can be found on our website: http://navcoin.org/upgrade

It's pretty simple, all you need is the latest version of the old Nav Wallet which I've uploaded, a Nav 2.0 wallet address and our swap address which is posted in the instructions.

I don't like to post wallet addresses for official business or direct links in my announcement posts because its easy for someone to quote the post and change it.

Please visit the website for the full instructions!

As for our other projects, we can finally start to move forward again with them. I will resume my weekly updates to keep everyone in the loop!

All the best,
Craig.

Yes, we are working with Poloniex to resolve this situation. We hope to have them transitioned to the new coin soon. For now please use bittrex as the main trading platform and remember that we are opening the manual swap process in the next day or two which allows anyone who missed the bittrex swap to get on the new blockchain!

You shouldn't have to use your login password for bittrex. The password you enter is a password you choose to lock your trading account in the wallet. The api key and secret should work. I will test on my wallet when I get home and get back to you

Yes I will be doing this later today as well as posting information about how to perform the manual swap. Stay tuned!

Thanks for the input friend. We really appreciate your support of our project. 

It will happen Sluppy! Once we finish the manual coin swap we are full steam into our pending projects:

Web Wallet
Mobile Wallet
Rasperry Pi Staking Unit
Decentralisation of the Anonymous Network
Promo Video
More Press Releases
Mobile Wallet Anonymous Sending
Merchant Integration

http://www.navcoin.org/projects

The future is bright and a lot of these projects are right on the horizon!

tolikkk, you can now withdraw the coins you have currently on Bittrex to your Nav Coin 2.0 (3.5.0 wallet).

If you have more old Nav Coin which needs swapping to the new Nav, please don't send them to bittrex. We will open up the details of the manual swap process in the next few days.

Once the Bittrex swap is completed we will post details of how to part take in the manual swap for anyone who missed out 

Bittrex has taken the wallet offline for maintenance now!

https://bittrex.com/Market/Index?MarketName=BTC-NAV



 

We are working on a native Mac wallet for the new client! We hope to have this out soon