Hi guys!

All of our testing is complete. We are currently in the process of resetting the block chain so we can remove our test transactions and bundling the wallet for release.

When we have done this, we will be making our github repository public, providing Bittrex with the source and finalizing the swap date.

To give you a taste of the new wallet in action, I have recorded this screen cast demo of its features!

Nav Coin 2.0 Wallet Demo

Enjoy!

Quick update from the Dev Team.

We have been working hard over the weekend to test the Anonymous Sending features with the new wallet. I can confirm that we have sent successful anonymous transactions from the new wallet!

We will continue to run some more tests on the network, after which we will reset the block chain, bundle the code for release and distribute the new source to the exchanges.

Keep an eye here over the next few days as we confirm the coin swap date with Bittrex!

Talk Soon,
Craig.

Hi guys,

There are a few points which I think it's important that everyone understand while discussing the coin swap process.

We are doing everything in our power to notify Nav Coin users of the swap so they can participate. We are personally funding paid articles and advertisements to make sure we spread the word as far as possible. We have been in constant communication with the exchanges who trade NAV and asked them to notify their users of the switch and help us with this process.

Nav Coin has a large following and almost 1000 pages on this forum. With your help through social media we can make sure that everyone hears about the swap and has a chance to be involved.

We are not trying to make the swap occur silently to gain profit from unswapped coins. We will shout it from the roof tops. We want everyone who rightfully owns Nav to get their coins swapped. This will be proved when the advertising campaign is launched.

The only reason for this coin swap is because it is the only realistic way we can deliver you all the features we want to see in Nav Coin. When we implement the new wallet, the old block chain and wallet generation methods are simply incompatible. If we could easily retrofit the new features to the old chain, we would do that instead. However if we want to have a mobile wallet, web wallet, raspberry pi staking unit and other modern features, this is the only way to do it without wasting many more months of development time. So we are left with no real choice but to do the coin swap.

The reality is that there will be some (currently unknown) amount of unclaimed coins at end of the swap process. I personally believe this number will be small due to the steps we take to notify everyone. We have previously posted our strategy of how we deal with the left over coins. Remy 5 said it correctly, we will not personally be taking the coins at the end of the coin swap. They will have their custody transferred to the Nav Foundation. The Nav Foundation will hold the coins and attempt to perform manual swaps for any late comers to the process. After this, the remaining coins will be used to fund future development and pay hosting costs of the anonymous network which ultimately benefits all users of Nav Coin.

Hi Bitwho,

Most of your questions can be answered by reading the original announcement: https://bitcointalk.org/index.php?topic=679791.msg14532355#msg14532355

When we finalize the swap date with Bittrex will be publishing an article with all the swap dates and information on a list of popular cryptocurrency news websites. We hope that our articles and our other paid advertising reaches as many Nav holders as possible and gives them appropriate notice to participate in the swap. The last thing we want is for legitimate Nav users to miss the swap!

The Bittrex swap will occur approximately 2 weeks from the date of announcement. After the Bittrex swap, we will be running a manual swap for which I am currently building the deposit and transferral system. This manual swap period will run for an additional 2 weeks meaning the coin swap will occur over the period of 4 weeks. Beyond that, we will take swap requests on a case by case basis, but we would hope that everyone has already swapped by this stage. Any coins which remain unswapped after the final cut off date will be entrusted to the Nav Foundation and used to help cover costs for the 12+ servers we rent to run the anonymous network and to fund Nav Coin's future developments.

The new coin structure is the same as the current coin, it is a continuation of the same coin for all intents and purposes.

The subchain based anon system is already operational (however currently down for maintenance) and has now been ported to work with the new block chain and wallet.

You can find more about our anon system and how it works in our white paper here: http://www.navcoin.org/files/navajo_whitepaper_march2015.pdf

And you can read about my current project to decentralize the anonymous system here: http://www.navcoin.org/files/nav-decentralized-whitepaper.pdf

For information on our other upcoming projects, please visit the projects page of our website: http://www.navcoin.org/projects

Cheers,
Craig.

Hi Everyone,

Quick update from us. We are still testing the Anonymous Network with the new blockchain, it has taken a little longer than expected but our testing should be finished today / tomorrow. From there, we will submit the new code base to bittrex and set the date for the coin swap and distribute our press release to all available news websites with the confirmed date.

I have finished my job for the week and the next 4 days are Nav development for me. During this time as well as testing the Anon Network I will be building an automated system to manage the post-bittrex swap as suggested by Remy 5.

This will enable anyone who is unable to swap through bittrex to have a reliable method for swapping their coins however Bittrex will be the first point of call for all swaps.

I have started building this in NodeJS and will be using this as the base of the code for the decentralised anon distribution since it can be compressed and hashed to check for file integrity.

Talk soon,
Craig.

Yes, I have. I don't know Bittrex's status in China. However we are in the process of building an automated swap outside of bittrex and we will keep you updated on the process as the details unfold.

Cheers,
Craig.

Quite literally around the clock! I am GMT+12 so I work while the other guys sleep and then we switch!

I have added a banner to the website which links to a page that houses the information about the upgrade: http://navcoin.org/upgrade

There are also some updated screen shots of the client with the rest of the branding applied. Sophia is working on the text of this page to make it a bit more user friendly.

I have also updated the projects page to more accurately reflect where we are with our various projects!

http://navcoin.org/projects

Talk soon

Hash are you #1 richlist guy? 

I would always recommend sending large amount of coins in smaller transactions. Even sending a very small transaction as a test first. Largely due to the fact that if anything goes wrong, eg. you put in a bad address, then you don't lose all your coins!

Last time i bought a large holding of an alt coin I sent the whole lot from the exchange to my fresh wallet and it didn't appear for 24 hours. I almost died thinking id lost the lot!

Hi Everyone. We are making good progress on our end. We are currently testing the anonymous transactions using the new block chain and everything is looking good so far!

When we complete this step, we will be able to supply the new code base to Bittrex and initiate the coin swap. I would expect that we can begin the coin swap this week coming as previously stated.

We are also in the process of distributing articles about Nav and the coin swap to various crypto news outlets to make sure we give everyone the best chance of hearing about the swap and swapping their coins as well as pushing the public profile of Nav!

Bittrex have supplied us further information about how the swap will take place. It is very simple from your perspective.

All you need to do is to send your Nav to Bittrex before the end date of the swap.

At the end date all Nav wallets will be put into maintenance mode, meaning there will be no trading, depositing or withdrawing. We will then send Bittrex the balance of new Nav coin equal to the amount which everyone has deposited. They will decommission your old Nav addresses and link your current balance to the new block chain with all the new coins we have loaded ready for withdrawal. When the Nav wallet comes out of maintenance mode you are then free to resume trading or withdraw your coins to the new wallet.

We will make the new wallet available to the public before the end of the coin swap date so that everyone is prepared to withdraw their coins.

Bittrex have performed many of these coin swaps in the past and have had no previous issues. They are a very reliable exchange which has never had any problems with hacks or other suspicious behaviour from its operators. We trust that Bittrex will perform this swap in a swift, reliable and professional manner.

We strongly recommend that everyone use Bittrex as the swap mechanism. Manual swaps after the end of the Bittrex coin swap are possible but it does take us a reasonable amount of effort per swap and I'm sure you would rather we are busy working on new Nav features like the mobile wallet rather than being flooded with coin swaps to perform.

I will post again soon when we have sent the source code to Bittrex and agreed on a date for the coin swap to occur.

I am very excited to get this under way, the new wallet is awesome!

Regards,
Craig.

Wine is a good option for the current wallet. We do plan on releasing a native OSX client for the new wallet as soon as possible!

You need to compile the wallet yourself from the source code for linux. There are instructions in the source code itself on github. Perhaps get them to jump on the slack channel if they're unable to follow the instructions.

Might be worth them waiting for the new wallet though since there will be slightly different libraries required for compiling the new wallet.

Cheers,
Craig.

Also, guys please don't forget to check out and donate to our contribution pages on the website.

I have just donated 20,000 NAV to the Kimochi charity!

http://www.navcoin.org/charity

Only Bittrex at this stage. I am in communication with the other exchanges to find out their procedures.

I am glad that sentence was not completely lost in the noise! Yes this will be huge when we get it out there. First stage is of course putting out a regular mobile wallet, then we will integrate anonymous sending into the wallet!

This opens up a whole new realm of possibilities like merchants using the app to accept anonymous purchases. Game changer.

Just a heads up to anyone who uses the NAV Slack Channel. I have just changed the team domain to:

http://navcoin.slack.com

Please update your bookmarks!

We will notify poloniex and all other exchanges nav is traded on to make sure they notify their users about the correct procedure to swap their nav. The coin swap through bittrex is only temporary. After the coin swap the new coin will be tradable on all other exchanges as per usual

Thanks! We are on to this. We are going to make sure this gets distributed through appropriate channels over the next couple of weeks so everyone who has nav will have the opportunity to swap! Also so we spread the good news!

Bittrex have handledone numerous coin swaps before with no bad reports. We will iron out the details with them over the next few days and convey all the assurances to you

Hey Hash,

Our we're still ironing out the last few details of our announcement. We will post it up as soon as we receive the responses we're waiting on.

Our goal as stated on the weekend was for Tuesday / Wednesday and we're aiming to stick to that

Cheers,
Craig.