Manual Coin SwapDear 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/upgradeIt'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.
47.5 Million coins swapped out of a total of 59 Million! Leaving 11.1 million to be manually swapped -
The Auto swap occurred around 7th June as above with great success - adding a Month gives us a Deadline of 7th of July
Can we get Polo situation and/or Deadline date announced to the NAV Community would be great.
You can still buy old coins off POLO!
or the NEW NAV 2.0 coins off Bittrex
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