Hi Nav Coiners

It’s Monday here in New Zealand, which means it’s time for the weekly update!

I’ve had a very busy week optimising the new anonymous scripts (I was up till 3am last night!!!). I have successfully completed all the improvements which I was hoping to get done before tidying up for deployment to the live environments.

I should have the clean up done by tonight or tomorrow, then over the next few days myself and Shahim will begin to roll the new system out to the anonymous network and begin our testing on the live environments. We aim to have our testing completed by the end of this week. If no major issues are encountered we hope to relaunch the Anon network to the public next week. We will of course keep you updated and aware of any changes to this schedule if delays are incurred by our testing results.

A lot of what has been optimised is in preparation for the impending decentralisation and as such, some of the improvements are quite technical, but actually pretty neat. I will be detailing what’s changed and how everything works in a new whitepaper which describes how the new anonymous network functions as well as the plan for implementing decentralisation. My goal is to have these ready for release around the same time as we re-launch the anon network. How much time i get to spend on this documentation over the next 10 days will be largely dependent on how smooth the live deployment and testing goes.

Everything is looking good though. I am confident in this system and I think it makes decentralisation not just a possibility but well within our grasp.

Mark and Sophia have been busy writing a few articles over the weekend. The first one we are releasing is an education piece about how our anonymous system works and largely comes off the back of what I have posted here about it recently. This should give the wider public some understanding of how cool our technology really is and also spread awareness about the upcoming relaunch of the anonymous network.

Soopy and Shahim have been busy finishing the thin client for desktop. They have successfully compiled a near finished version of the thin client which runs using the electrum server instead of having to download the whole blockchain. This will allow anyone who has trouble syncing the blockchain an option to forego the hassle and just use this wallet instead. We are planning to release this wallet later this week if no issues come up in our user testing. Keep your eyes peeled for the announcement with the feature list and wallet download.

After being on the shelf for a while as we focused on more pressing projects, we are also in the process of finishing off the web wallet. This also runs off the electrum server but only requires your web browser to run. We have been pretty close to finishing this for some time with most of the work coming piggy backing on the electrum server / android wallet release. We will keep you posted in regards to release schedules for this also.

That’s about it for the update. We have a lot of content and releases planned for the next couple of weeks, so hold on to your hats and enjoy the ride!

Talk soon,
Craig.

Another reason for anon coins: https://bitcoinmagazine.com/articles/sandia-national-laboratories-joins-the-war-on-bitcoin-anonymity-1472151009

Bounty is now a nice round 50,000 NAV.  

Jugelio got it right.

The main point of difference is that our system uses 2 block chains, which permanently disconnects the transactions and makes it impossible to prove beyond reasonable doubt that User A sent coins to User B. As far as I understand, Dash uses a single block chain and essentially just mixes the coins through their system prior to you sending them which given enough time and effort can be untangled or relies on insecure architecture such as SQL databases. We also encrypt the destination address from inside your wallet and then re-encrypt it before sending it to the outgoing server via the sub-chain to further break the connection between sender and receiver. Your intended destination is never broadcast from your computer, not even via HTTPS, only ever as an encrypted argument attached to your transaction to our sever on the block chain.

Also, have you actually tried to use Dash for anonymous sending? From my testing their coin mixing protocol doesn't even work. I had my wallet open for 3 weeks trying to successfully mix just 14 DASH into "DRK" or whatever they call it and it failed every time.

Our system doesn't require any pre-mxing of coins. You just tick the "Send NAV Anonymously" box and it sends your regular NAV through our Anonymous Transaction Network instantly. Transactions are received within 5 minutes of sending. Transactions are broadcast from incoming to outgoing servers via a separate block chain (nav sub chain) and not managed by something exploitable and centralised like MySQL.

I am working towards finishing the new Anonymous Transaction Network scripts over this weekend which will enable us to bring the system back online and closer to being able to decentralise the system. More to be revealed in my weekly update on Monday once I have more info for the progress report.

Hey Nav Coiners!

It's time for this weeks update from the dev team.

I've been busy continuing with my work porting the Anonymous Transaction Network to NodeJS. I've made good progress this week and am looking to get this new source running on our test network over the next few days. We will have a better idea of the launch date of the new software once I have run the first round of security and performance tests.

Strugg has been working with a graphic designer to customize the Nav Coin Mobile wallet layout to be in line with the Nav Coin branding. So far its looking good and we hope to have this update to the wallet pushed out soon.

Shahim has been helping me with the Anonymous Transaction Network testing and setup as well as working towards finishing the Web Wallet.

Soopy is has been busy adding the finishing touches to the Thin Client for Desktop. More information from him on that shortly.

Mark and Sophia have had a productive planning session over the weekend to formalize the marketing strategy moving forward. Mark has also completed his first article for the team which you can view here: Nav Coin Attains Dedicated Tor® Nodes

We will be pushing this out to some News sites in the coming days.

All systems are go and we are steadily moving forward. Exciting times for Nav Coin as we start to wrap up our next few projects and head towards the ultimate goal of decentralising the Anonymous Transaction Network!

Talk soon,
Craig.

Hinduism is not as silent as you think. There have been reports of Hindus having violent clashes with Christians.