We've done it team! 500,000 Social Reach!!

There's just over 24 hours pledge your support and get in the draw for 20K NAV. Keep spreading the word!

It's logistically quite difficult to live stream as I will be at work during the day. Trollboxers are gonna troll.

Let me be clear, there is no way we are rigging the draw. Doing so has zero benefit to us. Just to hammer home the point, the last competition we gave away 100K NAV and everyone who entered got their NAV.

Our track record combined with the fact that this prize is only 1/5 the size of the last prize which there is no doubts we delivered on. Please rest assured that this is all happening above board.

Cheers,
Craig.

Hi Nav Coiners,

We're very busy at Nav Coin HQ as usual. I'm just going to be brief today as I am hoping to post this weeks main announcements mid week to support the Thunderclap promotion ending on the 20th.

Speaking of the Thunderclap campaign, it is doing amazingly. Currently it has social reach of over 460,000 people! Please keep up spreading the word so we can reach as many people as possible!

I've been refining the anon scripts for another round of the beta testing. Please see my previous post for further details as to what we've uncovered in this round of testing. I also found another interesting situation where the wallet lock timeout finishes mid processing cycle so I am writing scripts which account for this situation and re-unlock the wallet if that error code is raised before continuing. For the beta testers, I hope to have the servers ready for testing again tomorrow. So I'll see you on slack.

Shahim is finalising the raspberry pi image which he has successfully used for staking. We are trying to get this out the door as soon as possible. It still requires some work to be done for the supernode syncing to work. So we will keep you updated and let you know as soon as the image is ready.

Stay tuned for more news this week and the thunderclap on the 20th!

Cheers,
Craig.

Make sure you're on v 3.7.0 and if you're still on 3.6.0 please download the latest version from the website. There is a sync fix in 3.7.0

To get this topic back on track I will address this question.

Testing is going well, when everything goes right, the scripts process beautifully.

With the help of the beta testers, we are uncovering some really obscure situations which by finding and fixing will give me much more peace of mind when we release this publicly.

For example, one of our incoming servers ran out of disk space due to all of the logging I have in place to help me analyse errors. This is something which should never happen in production because we won't be logging any data to the server when we are running the public release candidate for obvious privacy reasons.

However, it is random situations like these which can potentially occur for reasons out of our control. Like perhaps the disk space runs out because of some other data filling up the server which has nothing to do with the anon processing scripts. So I am taking some time to do two things; increase the disk space on our servers and make sure that this situation is handled in such a way that when disk space becomes available again the server can resume processing where it left off.

We hope to have a new version released to the beta group in the next couple of days when I resolve this issue with our host and in the scripts.

For now, we continue to march forwards

Cheers,
Craig.

P.S. Juguelio has actually done a lot for Nav Coin. Him and his wife have been proof reading and contributing to the articles our Marketing team has been putting out for the last few months.

lol guys please. chill on this drama!

It only takes one look at the order books to realise that selling 20k NAV will not even make the price go down by 100 Satoshi. So it definitely wont "crush NAVs price".

There's 35k worth of nav orders at 6600 SAT and over 100 BTC worth of orders in total.

Awesome! Thanks dude!!!

Amazing! Still 7 days to go! I wonder how high we can reach? 500k?

Let's re-rail this thread guys. Lots of off topic going on.

Thunderclap is cranking right now!

Hashforce101 coming in at the number 4 most social reach. What a popular guy! Well done bro thanks for the support!



And thanks to everyone this is going to be amazing. Imagine if we reach half a million people on the 20th?!!!

Awesome! Thanks for supporting

Hi Nav Coiners, We've got a special mid week announcement for you today.


It also seems like there's a few people asking about the Thunderclap prize, so i will post up some official information from the dev team.

Welcome aboard!

Yep, instructions for finding the navcoin.conf files for any OS can be found on our guides page: http://www.navcoin.org/guides

As promised, the OSX wallet is now available.

Nav Coin Full Node Wallet with Sync Fix

The fix which has been implemented resolves the slow syncing caused by the numerous orphaned blocks. I was able to sync 24 hours worth of transactions in about a minute. So i hope more people can now enjoy using the full node wallet.

The new version is 3.7.0 and is now available on Windows (zip), OSX (dmg) and Linux (source).

To get the new full node wallet visit our downloads page:

http://navcoin.org/downloads

Nav Coin Full Node Downloads - Windows Wallet (zip) - 3.7.0
Nav Coin Full Node Downloads - OSX Wallet (dmg) - 3.7.0
Nav Coin Full Node Downloads - Linux Source - 3.7.0

The Windows (exe) and OSX (zip) are coming soon.

Cheers,
Craig.

Are you sure that there's not something on your local network blocking the port? Everyone else seems to have this new wallet working fine?

This is true, the main point I'm trying to illustrate is just that there are a lot more blocks to process than people realise. Regardless of size it will still take some time to process and for your wallet to validate

Just to be clear, 4 weeks of Nav Blocks are the equivalent of nearly 2 years worth of Bitcoin Blocks due to our 30 second block time. Syncing 4 weeks in 4 hours is actually pretty decent. It's never going to be instant and the speed will vary depending on your connection and computing power. Syncing all 8 years of Bitcoin blocks takes me a couple of days usually so block for block the speed you are reporting with even only 6 connections is technically faster than Bitcoin.

Also re: the number of connections, you only connect to peers with the same wallet version so this will increase as more people adopt the new wallet. Please be patient.

Happy syncing everybody!

Hi Nav Coiners!

It’s time for your weekly Monday Update from the Nav Coin Team. More solid progress and lots of great news!

Navtech Anon Beta

We’ve had another busy week at Nav Coin HQ with the second round of beta testing returning some helpful insights to us. With the increased limit of 1000 NAV implemented we saw some of the partial transactions experience delays in reaching their destination. The reason for this is quite simple and interestingly not actually to do with the anon scripts as such.

I loaded the outgoing nav pool with 1 transaction of 50K NAV to seed the pool. When sending the script sends the first partial transaction out to the end user, it was unable to send the second transaction before it first receives change from the 50K NAV in a confirmed block. As each block takes 30 seconds to confirm, this caused a small but longer than expected delay in receiving the funds out the other end.

To fix this, I have since split the 50k into smaller pieces which means there’s more transactions which can be committed to a single 30 second block. The second fix is to pause for 30 seconds if the script does happen to encounter this situation and attempt again on the next block once the change has returned.

For more information about how spending transactions and getting change works in a block chain, you can check out the bitcoin wiki: https://en.bitcoin.it/wiki/Change

The ongoing advice which will be included in the documentation when we decentralise the system is to split the NAV loaded to the outgoing NAV pool into smaller transactions, perhaps 1000 NAV each when the server is first setup. Of course, over time as users make transactions, the change will naturally accumulate. This should be a non-issue moving forward, but it’s nice to know that it’s been observed and it is handled correctly.

With this information and resolution in place, we are happy to move forward with the beta test. I’ve added another set of processing servers to the cluster which means we have officially moved into phase 3 of the beta test! If this goes well we will ramp up to our clusters initial production capacity over this week and run a full systems test.


If you want to see the Navtech Anon System in action and help us with the beta testing, send me a PM with your email address and i will add you to our slack channel.

Nav Coin Full Node Wallet with Sync Fix

Soopy has done some amazing work this week and put together a great fix for our full node wallet. One of the interesting things about working with a blockchain which has a fast block time like Nav Coin is that it is easy for two wallets to mine the same block and broadcast it. Because the block time is near to the time it takes for the confirmed block to propagate the network this happens regularly. The management of this is all handled very neatly by the source code forked from Bitcoin. One block will be declared correct and override the other on the network and the other block is considered orphaned and replaced with the block which got consensus. It is the processing of these orphaned blocks which has been causing the slow down of the syncing on the full node wallet. Because of our fast block time and high incidence of orphans, this was making syncing the full node wallet very tedious.

The fix which has been implemented resolves the slow syncing caused by the numerous orphaned blocks. I was able to sync 24 hours worth of transactions in about a minute. So i hope more people can now enjoy using the full node wallet.

The new version is 3.7.0 and is firstly available on Windows (zip) and Linux (source). We are working on the OSX zip and both the installers and hope to get them out in the next day or two.

To get the new full node wallet visit our downloads page:

http://navcoin.org/downloads

Nav Coin Full Node Downloads - Windows Wallet (zip) - 3.7.0
Nav Coin Full Node Downloads - Linux Source - 3.7.0

Trojan Virus Scan

The false positive being returned by VirusTotal has been resolved in this new version of the wallet also. So we can finally put this issue to rest. As we have always stated, there is no Trojan inside the Nav Coin wallet and there never will be. Feel free to run the new version through VirusTotal for your own peace of mind.

Thunderclap Prize Doubled

The Thunderclap campaign is going really well so far! We’re over half way with 259 people subscribed and a social reach of over 200k. Thank you for all your support thus far. We really believe this is a great way to spread the word about Nav Coin and look forward to seeing its impact on the 20th of October.

We are so appreciative of all your efforts, we are officially doubling the prize to 20,000 NAV!

That’s right, one lucky supporter of the Thunderclap campaign will receive this sweet prize which is worth approximately 1.5 BTC at the time of writing.

If you want to get involved, go to the link below and allow the Thunderclap app to post to your social media accounts. It will only post once, on the 20th of October, so don’t be afraid of it spamming your accounts. Tell all your friends and help us spread the word!

https://www.thunderclap.it/projects/47929-navcoin-powered-by-the-people

Raspberry Pi

The new 3.7.0 source code has been deployed on our Raspberry Pi and is so far proving to be more viable than the previous wallet versions. We were hoping to have this image finalized for today’s update but there are still a few minor issues which we are addressing. As with everything, we prefer to honest with our progress rather than announce release dates unless we are certain of them, but we can let you know that we believe we are very close to getting this released to the public.

That’s it from the team for this week. We are kicking goals and marching towards the public release of the Anon Network followed by its decentralization. To keep up with the latest, follow us on twitter and join us on slack!

Talk soon,
Craig.

The beta is underway now. If you want to get involved then message me your email and I will add you to our slack channel.

We are aiming to have the public release ready for when the Thunderclap campaign ends on 20 Oct.