★[ANN] [NAV] NAV COIN - Community Fund Live!!!

[AssistantPimp]

Big news are comming next week !:) ))

What big news?

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[Remy_5]

Ok Noob question alert…

So yesterday I was able to mine nav just fine but today it won't connect? Is it because the beta has ended? My wallet is synced and staking fine tho?….

The second PoW phase was just to compensate for lost coins due to the rollback after the double spend attack. It's ended and as things are looking now there won't be another one. Now the coin is back to PoS only as intended and we're all waiting for soopy to implement anon.

AFAIK there is not a rollback, the blockchain is going forward.

Personally, I would like to know why for other coin all exchanges accepted to do a rollback, and this is not happen for NavajoCoin.


Replying to another message:

The beta test i think is never started, it's just shifted to later time not yet announced, but surely less of 3 week.

If you would search,  you can find more detail in one of the previous message of SoopY.

[nousernamesleft]

Ok Noob question alert…

So yesterday I was able to mine nav just fine but today it won't connect? Is it because the beta has ended? My wallet is synced and staking fine tho?….

The second PoW phase was just to compensate for lost coins due to the rollback after the double spend attack. It's ended and as things are looking now there won't be another one. Now the coin is back to PoS only as intended and we're all waiting for soopy to implement anon.

AFAIK there is not a rollback, the blockchain is going forward.

Personally, I would like to know why for other coin all exchanges accepted to do a rollback, and this is not happen for NavajoCoin.


Replying to another message:

The beta test i think is never started, it's just shifted to later time not yet announced, but surely less of 3 week.

If you would search,  you can find more detail in one of the previous message of SoopY.

FYI, there was no rollback because the thief sold the the fake NAV and got away with bitcoin before anyone noticed.   A rollback wouldn't have done anything other than screw the buyers that got the 2+mil made up coins from bter and bittrex.  I'd bet bter and bittrex wouldn't allow that, so it wasn't even a possibility.

[Remy_5]

Personally, I would like to know why for other coin all exchanges accepted to do a rollback, and this is not happen for NavajoCoin.

FYI, there was no rollback because the thief sold the the fake NAV and got away with bitcoin before anyone noticed.   A rollback wouldn't have done anything other than screw the buyers that got the 2+mil made up coins from bter and bittrex.  I'd bet bter and bittrex wouldn't allow that, so it wasn't even a possibility.

Thanks for info.

A great idea.... Big rollback of the Bit-coin and every coin, and all other exchanges too.    O:-)
(I foresee a generalized riot)

[Remy_5]

Now I do not know who within the Foundation has the mandate to physically update the OP, but at least I would
kindly ask that someone of you will begin the work, preparing a draft ready to update the OP as soon as possible.
(Yesterday possibly. )

Nothing... the void.

I hope this can help.


_Preliminary data subject to revision_

SPECIFICATION:
 
               General:
                                   Symbol: NAV
                                   Algorithm: X13 POW/POS (POW Ended, now pure POS)
                                   Block Time: 30 seconds
                                   Swapped Coins: 25,232,976 -- amount of coins on the SummerCoinV1 Chain (swapped at 1:1 ratio)
                                   Un-swapped Coins: 260,586.00121295   (Donated to the Foundation)

                                   RPC Port: 44444
                                   P2P Port: 44440


               POW (Phase 1 Ended):

                                   Total Coins (by POW): 50,000,000  54260826.00  (see below)
                                   Difficulty Retarget: From block 0 to 250: each 25 blocks, From block 251 on, adjust each block
                                   POW Max Block Height: 14000  (7 days POW only before POS starts along)
                                   Block Reward: 1500                          
                                   Block Halving: 14,000 Blocks (Reward: 150 Coins) , Block 50,000 (Reward 15 Coins)  , Block 100,000 (End of POW)

              Totals at End of POW Phase 1 (block 100000), are been generated :
                                   POW Block : 69518
                                   POS Block  : 30482
                                   POW Coin  : 54260826.00
                                   POS Coin   : 28374.67420825
                        Total Coin Generated  : 54289200.67420825

 

               POS (Phase 1 Ended) :
                                   Min age: 4 days
                                   Max age: unlimited
                                   Minted Blocks Maturity: 60
                                   POW Max Block Height: 14000
                                   Stake Interest: First Year: 20%
                                                   Second Year: 10%
                                                   Third Year + nYears: 5%


              POW (Phase 2 Ended):
                                   Extra Coin for Repay Exchanges : 2.6 million
                                                     (Generated on BLK 141351)
                                   POW Start Date:  July 16, 2014
                                   POW End Date:    July 20, 2014                  
                                   POW Min-Max Block Height:  141296-160000
                                   Block Reward: 1.5 Navajo Coin                          
                                   POW Effective Block:     9584
                                   Total Coins (by POW):  14374.5



              POS (Phase 2 Started) :
                                   Min age: 2 Hours
                                   Max age: 1 Day
                                   Minted Blocks Maturity: 60
                                   POS phase 2 Start after Block Height: 141350               // FIXME
                                   Stake Interest: Rest of first Year: 20%
                                                   Second Year: 10%
                                                   Third Year + nYears: 5%

                          
 
_End Preliminary data subject to revision_


EDIT:   Totals Recalculated

[AssistantPimp]

 I became skeptical about this coin.

[GREEDYJOHN]

I became skeptical about this coin.

JUST HOLD ONTO YOUR COINS AND WAIT FOR THE DEV. STOP WORRYING AND JUST WAIT, HE WILL SOON BE BACK.

[blackened515]

Guys, I have just wrote to Cryptsy support about NAV. I think when everybody here will do that, they wont ignore us.

[nousernamesleft]

Guys, I have just wrote to Cryptsy support about NAV. I think when everybody here will do that, they wont ignore us.

I sent them a message too.  Time will tell.

[uszaty43]

Big news are comming next week !:) ))

What big news?

wait until end of this week mate and you wont regret!

[shahim]

Guys, I have just wrote to Cryptsy support about NAV. I think when everybody here will do that, they wont ignore us.

Which Adress did you Write to? I am searching on the website. Or did you open a ticket?

[Haddem]

Big news are comming next week !:) ))

What big news?

wait until end of this week mate and you wont regret!

Either you know something and you can just tell us what the big news is about. Or you're just guessing.

[nousernamesleft]

Guys, I have just wrote to Cryptsy support about NAV. I think when everybody here will do that, they wont ignore us.

Which Adress did you Write to? I am searching on the website. Or did you open a ticket?

I opened a ticket.

[blackened515]

Guys, I have just wrote to Cryptsy support about NAV. I think when everybody here will do that, they wont ignore us.

Which Adress did you Write to? I am searching on the website. Or did you open a ticket?

I opened a ticket.

I also opened a ticket.

[realrover]

I have updated my wallet yesterday following the instructions. After re-opening my backed up wallet, I've lost around 1200 NAV (have 15500 instead of 16700 approx). Doesn't look nice. Any advice? Tnx.

Someone else replied at a similar request in the past, He wrote:

"You can try repairing your wallet with the command "repairwallet", open console and type this.  "

I hope this method will work good for you also.

Yes, it worked. Thank you for your help!

[Haddem]

pump going on on bittrex!

nvm. small pump and dump.. maybe to increase daily volume?

[uszaty43]

Big news are comming next week !:) ))

What big news?

wait until end of this week mate and you wont regret!

Either you know something and you can just tell us what the big news is about. Or you're just guessing.

I can only tell you that next week will be good just wait

[nousernamesleft]

Big news are comming next week !:) ))

What big news?

wait until end of this week mate and you wont regret!

Either you know something and you can just tell us what the big news is about. Or you're just guessing.

I can only tell you that next week will be good just wait

Hey mate! Let me guess.  Did Santa Claus give you the information?

[Haddem]

Big news are comming next week !:) ))

What big news?

wait until end of this week mate and you wont regret!

Either you know something and you can just tell us what the big news is about. Or you're just guessing.

I can only tell you that next week will be good just wait

Good for whom?

[nav_to_the_moon]

Ok Noob question alert…

So yesterday I was able to mine nav just fine but today it won't connect? Is it because the beta has ended? My wallet is synced and staking fine tho?….

The second PoW phase was just to compensate for lost coins due to the rollback after the double spend attack. It's ended and as things are looking now there won't be another one. Now the coin is back to PoS only as intended and we're all waiting for soopy to implement anon.

AFAIK there is not a rollback, the blockchain is going forward.

Personally, I would like to know why for other coin all exchanges accepted to do a rollback, and this is not happen for NavajoCoin.


Replying to another message:

The beta test i think is never started, it's just shifted to later time not yet announced, but surely less of 3 week.

If you would search,  you can find more detail in one of the previous message of SoopY.

FYI, there was no rollback because the thief sold the the fake NAV and got away with bitcoin before anyone noticed.   A rollback wouldn't have done anything other than screw the buyers that got the 2+mil made up coins from bter and bittrex.  I'd bet bter and bittrex wouldn't allow that, so it wasn't even a possibility.

Soopy........that is what several us did and wound up missing coins or having more than we should!

The blockchain has been rolled back abit mate , so this is why you might notice a few lost coins , however it cannot go more but a bit less , only stake generated for a several 100 blocks will be lost , the foundation will come up with a solution with regards to this.

~SoopY~

PS: I'm looking into the errors.

Sorry, if I got him wrong.