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Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [NAV] NAVAJO COIN - ANON LIVE!!! / HARDFORK ● CHAT ● Faucet! Version 2.07
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on: March 25, 2015, 06:55:22 PM
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 ...in about 15 to 30 minutes, we will see the FUDsters starting to post here and some movement in the exchanges... mark my words Ninja PUMP?  i don't know... maybe P or maybe D (and surely a mix of both) the only smart thing to do is to not let emotions flood you and not to sell into that fake exchange movements and pressures. That's how we win : by not giving them cheap Nav. other than that, let's have fun here in this thread and let all be as stupid as them replies lol.. and we know they can act so stupid here so let's play their kids keyboard warriors game here, but not fall on their manipulation game on the exchanges  |
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703
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [NAV] NAVAJO COIN - ANON LIVE!!! / HARDFORK ● CHAT ● Faucet! Version 2.07
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on: March 25, 2015, 02:44:03 PM
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.... it's NOT just a mixer with masternodes....
He's right. It's a mixer with a single centralized master node The price has the new tech priced in already. The next hurdle is how they'll allow folks like me and you to run the "magic" gateways too. I want some of that .5% fee man! Hi LiteBit  welcome here man! I see your signature, but no thanks. feel free to post around but don't make a fool of your hero member status by speaking non-sense like you just did above  Let the FUD begin.... Well I hold over 0.75% of NAV total supply so call it what you will. I call it support. welll, sorry if i minsunderstood your post, i thought you made some irony.
He's right. It's a mixer with a single centralized master node The price has the new tech priced in already. The next hurdle is how they'll allow folks like me and you to run the "magic" gateways too. I want some of that .5% fee man!
Hi, Just to clear something what is seen wrong. The api is not a node or mixer whatever. I will try to explain in short words. The wallet asks the api about which node to the subchain is available and choose random out of possibilities. The api returns that node and it's public key to encrypt the destination address. The wallet sends the transaction to the chosen node and the transaction details enter the subchain where there again an exit point in this subchain is chosen And where the transaction is send to. There it gets decrypted and enters the navajo network again sending to the final receiver. That process uses double encryption over the subchain and is not traceable. This is exactly what has been implemented and an API based technology is used only to select a specific node from which the Navajo Transaction is Channel through rest of the processes happen directly within the subchains and rest of the NavajoCoin Network , which you can clearly see and clear your doubts on the whitepaper. Regards Shahim
Anonymous Network Decentralisation
One of the next major steps for Navajocoin is to decentralise the anonymous nodes so that anyone running a webserver can install it and process Anonymous transactions. Make no mistake, the current system runs off the Navajo Subchain which is built using decentralised blockchain technology. However there are obvious concerns in publishing the node technology due to the risk of someone altering the code maliciously. We are currently investigating options on how to approach this so we can truly decentralise the node system.
Yep, we've had a few discussions on how to do this already. Probably the best idea so far is to port the processing scripts to a language which can be compiled. Something like Node.JS or Java would do nicely. Then before a wallet sends a transaction to a particular node, it would run a checksum against the compiled file and compare the result against a masternode's checksum. Then if they both match, it means that the files have been unaltered and it is safe to send the transaction to that node for processing. Until we can guarantee a method which is unbreakable and unalterable, we can't distribute the processing code. It is high on our agenda though. For now, we have a setup multiple nodes across multiple web hosts of which one is chosen at random. So it is somewhat decentralised already, even if not publicly.
The Navajo Anonymous Network does NOT rely on a centralised database to store transaction values and addresses.
It is NOT simply a coin mixer with master nodes.
So even if the system were to get wiped out, we could set it back up by simply restoring the subchain wallet and the script, then the wallet would re-sync and start processing any pending transactions again since the data is decentralised on the block chain and not stored in a database.
I hope everyone has taken the time to read the whitepaper, even if it is reasonably technical and boring. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [NAV] NAVAJO COIN - ANON LIVE!!! / HARDFORK ● CHAT ● Faucet! Version 2.07
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on: March 25, 2015, 01:23:26 PM
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Don't pay attention to the FUD
Truth is everyone is reading news about Navajo double encryption and fully anon. Everyone is testing it and finding 100% positive results.
Either they want to get in Navajo and buy cheap or afraid of investor getting away from Drk and Xmr and Sdc and invest in Navajo...
Please hold your coins
Don't sell a single coin under 100k per Nav
Nav is rising and other coins are scared of it...
Its raising, but make your own calcs, 100k sat per nav, 12 million marketcap, pretty impossible right now yes, maybe you are right that 100k is too much. i agree. but NAV should have its floor at 6k.... not at 3k like now. That coin is so fcking cheap right now lol stop selling for a 5% profit.... let it raise up to where the new natural floor should be : 6k satoshis... minimum. remember how drk took a whole week to see that major increase in value re-read what pakage said about what is Navajo anon .... it's NOT just a mixer with masternodes.... .... it's NOT just a mixer with masternodes.... new floor should be a 6k happy buying  |
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707
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [NAV] NAVAJO COIN - ANON LIVE!!! / HARDFORK ● CHAT ● Faucet! Version 2.07
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on: March 25, 2015, 02:50:24 AM
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This has been updated.
Thanks One of the next major steps for Navajocoin is to decentralise the anonymous nodes so that anyone running a webserver can install it and process Anonymous transactions. Make no mistake, the current system runs off the Navajo Subchain which is built using decentralised blockchain technology. However there are obvious concerns in publishing the node technology due to the risk of someone altering the code maliciously. We are currently investigating options on how to approach this so we can truly decentralise the node system. Thank you Pakage for making this crystal clear. Yep, we've had a few discussions on how to do this already. Probably the best idea so far is to port the processing scripts to a language which can be compiled. Something like Node.JS or Java would do nicely. Then before a wallet sends a transaction to a particular node, it would run a checksum against the compiled file and compare the result against a masternode's checksum. Then if they both match, it means that the files have been unaltered and it is safe to send the transaction to that node for processing. Until we can guarantee a method which is unbreakable and unalterable, we can't distribute the processing code. It is high on our agenda though. For now, we have a setup multiple nodes across multiple web hosts of which one is chosen at random. So it is somewhat decentralised already, even if not publicly. Awesome! Thank you!  |
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710
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Alternate cryptocurrencies / Altcoin Discussion / Re: Navajo Cryptocurrency – Decentralized Anonymity Through Double Encryption
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on: March 24, 2015, 07:20:10 PM
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HI,
we are currently running 10 server in different locations (different provider in different countries) to keep the subchain network up and running. Every NMG and CSG is able to do it's part on it's own and is randomly chosen in the single send process. so when one is down another takes it's part. We especially took care to always have redundant service to keep it alive in case of hardware failure or attack.
regards
shahim
Hi, do you mean the navajo company with we? that is a prime example of centralization. it doesn't matter if the navajo company is running 1 or 10 server. i.e. every cloudservice is centralized even though they run thousands of servers in different locations of the earth. you guys have to make it open source and somehow that everyone can participate as NMG and/or CSG, else navajo will be just a coin mixer. That is the goal! We will give further information how we will do that in very near future. But we have to make sure the network can not be infiltrated by bad nodes. cool shahim can't wait to see next developments about the nodes. We all understand that it's a multiple steps process and right now the working Fully Anon is working 100% |
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713
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★[ANN] [NAV] NAVAJO COIN - ANON LIVE!!! / HARDFORK ● CHAT ● Faucet! Version 2.07
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on: March 24, 2015, 01:54:35 PM
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I personally think 10k satoshis is more plausible and really fair for Nav, considering the working anon, the total coinage and the future plan about decentralization (must be done first before price increasing to 10ksat.). I will repeat myself, but i told yesterday about the price stability and going down back to 2k-ish satoshis because of all those pumpers groups manipulations (the anon release was their *distribution* phase) and all those that dreamt of getting rich overnight will loose patience (wait?!? they don't even have patience to start with) and gonna dump even at loss their stash of Navajo.
someone posted here that we should expect 2-3 days before seeing a kind of price increase, and i share to same thought.... Nav should touch again 4k maybe later today or tomorrow. mostly because the anon tech is really working and awesome.
patience padawans...
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714
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Alternate cryptocurrencies / Altcoin Discussion / Re: Any experience with Guldencoin?
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on: March 24, 2015, 01:43:50 PM
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while i don't have any Guldencoin because i'm not from Netherlands, so not targeted as their end-user nor can use it, I still think they are doing a very great job in merchants acceptance. If it works for them then cool and congrats. I'm wondering if someone that is visiting that place and have bitcoin, is there an advantage of grabbing some guldencoin (easily) instead of using bitcoin? like is guldencoin offers any %off products/services if you pay with these coins?
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715
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Other / Meta / Is our moderator Mprep a XMR fanboy??
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on: March 24, 2015, 01:23:56 PM
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hey all, after weeks of gathering clues of moderation behavior, threads closed and moved, etc... My conclusion is that our moderator here, mprep, is a Monero fanboy  We really can see him slacking when it's xmr propaganda or that there are multiple non-sense attacks on xmr competitors.. do you agree? please reply fast before this thread get removed  |
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716
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Alternate cryptocurrencies / Altcoin Discussion / Re: [DRK/XDN/XMR/SDC] Comparison between the most known anonymous coins (MUST READ)
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on: March 24, 2015, 01:14:01 PM
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Navajo is a centralized system from my understanding. The nodes are centralized and maintained by the Navajo Coin Foundation. Although they are looking for a method to decentralize it without compromising the anonymity of the network. From their white paper, section 2.2.8: Node Maintenance:
The nodes will be decentralized, but to begin
with they will be maintained by the Navajo
Coin Foundation. We are working to find a
secure way that we could distribute the code
for users to setup their own nodes, while still
being able to guarantee the integrity of the
Anonymous Network. http://navajocoin.org/files/navajo_whitepaper_march2015.pdfSo logically this follows navajo becoming a 2 tier mixing system with masternodes at some point in the future. Once again this is provided by DASH/DRK True 00Smurf, difference is that Navajo is at a fraction of DRK value right now and it's PoS, and don't have that shadow "instamine" over its head like dark/dish have No worries, whales and ballers will find their way into Navajo soon enough Offtopic, but wtf is "adult traffic manager"? lol.. 2nd time someone ask me that so i will remove it probably there is a whooooole world outside crypto you know...sure when ppl in crypto are mostly kids still at school, it's hard to see the whole thing. answer : i've built an empire/network of adult websites. traffic (visitors. you probably...) come daily by thousands to wank or to find love who knows. i'm "managing" (redirecting) that traffic to multiples offers for few grands. that's it. there are many guys playing in crypto or developing it that come from the adult business (webmasters/programmers/etc..). it's not a secret. and don't ask why these types of guys are in crypto, the simple answer is because of 1.money, 2. free time while we are banking in our main occupation. here ya go. guys curious (or wankers), pm me if you have more questions. this board is for crypto. back to topic : OP..... It's now time to add NAV in your comparison |
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720
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Alternate cryptocurrencies / Altcoin Discussion / Re: [DRK/XDN/XMR/SDC] Comparison between the most known anonymous coins (MUST READ)
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on: March 24, 2015, 12:08:04 AM
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Navajo is a centralized system from my understanding. The nodes are centralized and maintained by the Navajo Coin Foundation. Although they are looking for a method to decentralize it without compromising the anonymity of the network. From their white paper, section 2.2.8: Node Maintenance:
The nodes will be decentralized, but to begin
with they will be maintained by the Navajo
Coin Foundation. We are working to find a
secure way that we could distribute the code
for users to setup their own nodes, while still
being able to guarantee the integrity of the
Anonymous Network. http://navajocoin.org/files/navajo_whitepaper_march2015.pdfSo logically this follows navajo becoming a 2 tier mixing system with masternodes at some point in the future. Once again this is provided by DASH/DRK True 00Smurf, difference is that Navajo is at a fraction of DRK value right now and it's PoS, and don't have that shadow "instamine" over its head like dark/dish have No worries, whales and ballers will find their way into Navajo soon enough |
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