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Author Topic: ★[ANN] [NAV] NAV COIN - Community Fund Live!!!  (Read 2083061 times)
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Diego24
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August 28, 2016, 08:43:05 PM
 #18821

Good coin. Can it  drop to 1 cent to buy more cheap?  Roll Eyes



It might, it might not, you may get left behind with low buys though.

It seems I'm late  Sad
I don't think you are late. Look at Monero. It is priced at 8 $. Look at DASH. It is priced at 12 $. Navcoin is still HUGELY undervalued. It should at least be up there with DASH and Monero.
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Reply with quote  #2

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raphma
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August 28, 2016, 08:48:18 PM
 #18822

fast pump, definitely a big whale... great news for navcoin, we might finally reach 5k soon.
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August 28, 2016, 08:56:12 PM
 #18823

Good coin. Can it  drop to 1 cent to buy more cheap?  Roll Eyes



It might, it might not, you may get left behind with low buys though.

It seems I'm late  Sad

no bro
0.018$
It's  very cheap now

You will be late
If rising 100x

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August 28, 2016, 09:00:53 PM
 #18824

well i already forgot that this coin still exist, but some nav troll was making me remember it.

He said nav has a new tech with code review.

Can you people please post your expert reviews of the nav code here?

All i can see is closed source transaction system which seems to just be a standard coin mixer.

Also dont link me the whiterpaper, i already read it and it is really bad.


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.LATTICE - A New Paradigm of Decentralized Finance.

 

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criptix
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August 28, 2016, 09:05:56 PM
 #18825

also can you people give me your github?
the one in the OP https://github.com/navcoindev/navcoin2 seems not to be the correct one? the last update is more then 1 month ago while the hype in the polo trollbox says that you just got several updates in the last week?

also i would really like to know what this "tor-node" update is?

can you just use the wallet over Tor now or what?

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shoozooo
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August 28, 2016, 09:11:57 PM
 #18826

also can you people give me your github?
the one in the OP https://github.com/navcoindev/navcoin2 seems not to be the correct one? the last update is more then 1 month ago while the hype in the polo trollbox says that you just got several updates in the last week?

also i would really like to know what this "tor-node" update is?

can you just use the wallet over Tor now or what?

All I know is there : themerkle.com/nav-coin-attains-dedicated-tor-nodes/

Hope this helps Smiley
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August 28, 2016, 09:13:53 PM
Last edit: August 28, 2016, 10:18:35 PM by juguelio
 #18827

also can you people give me your github?
the one in the OP https://github.com/navcoindev/navcoin2 seems not to be the correct one? the last update is more then 1 month ago while the hype in the polo trollbox says that you just got several updates in the last week?

also i would really like to know what this "tor-node" update is?

can you just use the wallet over Tor now or what?
Nav Coin TOR Network

Dear NAV Community

We are pleased to announce that user BitcoinFX has been so kind as to setup some dedicated TOR nodes for Nav Coin.

If you're unsure what TOR is, please head over to their website to learn all about their great service: https://www.torproject.org/about/overview.html.en

In basic terms, the TOR network is robust method of hiding your IP address from unwanted third parties.

Currently Nav Coin is secure, but just like any other Crypto Currencies because it is a public network, it is possible for third parties to see which IP addresses are connected at any given time. This does mean users lose an amount of anonymity because with some effort, it could be possible to trace a transaction back to an IP address and potentially infer who owns a wallet, or at least where they were broadcasting from.

Connecting your Nav Coin wallet through the TOR network, hides your IP address from the public record and stops this meta data inference from occuring. With this configuration you would be syncing the block chain, sending and receiving coins all through the TOR network rather than over the regular internet.

If you want to give it a try, first thing to do is to download and install TOR Browser

Once installed, open the TOR browser and allow it to connect to the TOR network.

Go to you Nav Coin config file which is located in %AppData%/navcoin2/navcoin.conf and add the following settings:


Code:
listen=0
port=8443
proxy=127.0.0.1:9150
onion=127.0.0.1:9150
onlynet=tor
maxconnections=8
addnode=navfxoktwa7zu3m2.onion:8443
addnode=navfx2yawr6eb4fp.onion:8443
addnode=navfxfkchwclvpbj.onion:8443
addnode=navfxujp7ninsup6.onion:8443
addnode=navcavlevqgjzozx.onion:8443
addnode=navcaqr6y4yfvei4.onion:8443
addnode=navcavq6roeray7h.onion:8443
addnode=navcajegwg62zecy.onion:8443
addnode=navfxkdrgk2oo3ja.onion:8443
addnode=navfxu6w2iptaj3m.onion:8443
addnode=navfxjtmt42smvcj.onion:8443
addnode=navfxosoed7hd4db.onion:8443


Save the navcoin.conf file and restart or open your Nav Coin wallet. You should now see in the bottom right corner of the status bar it now says TOR, indicating you're connected to the TOR network!

You can now continue to use the wallet as per normal with the knowledge that your IP address is hidden from public view. Simple as that!

Some extra notes from BitcoinFX:

It is advisable to add regular IP addnodes at the base of this .conf for 'failover', which will enable your client to also exit connections via Tor.

hidden_service connections (.onion) never leave the Tor network.

Remember that less connections are preferable over more connections, in terms of anonymity and privacy. 6 to 8 connections are probably optimal for broadcasting transactions.

Port 8443 has been selected as it is a common Tor Exit port - see: https://trac.torproject.org/projects/tor/wiki/doc/ReducedExitPolicy - whereas the 'default' Navcoin port 44440 is not.

This really is a great service the BitcoinFX has setup for us all to use. It provides an extremely high level of anonymity even when just performing regular Nav Coin transactions.

Please be so kind as to donate to BitcoinFX to help keep this service running: NWeyG7jpQm1wWeYeV7tnNuYLUHmW4FMAr8

It's users like BitcoinFX who make these communities great.

Warmest regards,
The Nav Team




Hi!

For info about anon contact please contact any of the Dev team @pakage, @soopy, @ shahim.

I quoted Tor information.

Thanks!

███████████████████
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NAV COIN ANONYMOUS SUBCHAIN TRANSACTIONS ▪ NAVCOIN.ORG BITCOINTALK.ORG
pakage
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August 28, 2016, 09:37:57 PM
 #18828

also can you people give me your github?
the one in the OP https://github.com/navcoindev/navcoin2 seems not to be the correct one? the last update is more then 1 month ago while the hype in the polo trollbox says that you just got several updates in the last week?

also i would really like to know what this "tor-node" update is?

can you just use the wallet over Tor now or what?

The last publicised update was the Tor nodes which required no modification to the wallet source as we already accounted for it when we relaunched NAV2. Prior to that, we also released the Android wallet, which again required no update to the main github.

I am currently working on relaunching the anon network on a new tech stack in preparation for releasing it for decentralised use. But until i have tightened it for decentralisation, we do not have the anon server source on a public repo.

I have successfully sent anon transactions using the new code base and will be posting my weekly update about the teams progress later today. We're pretty close to relaunch all going well.

Cheers,
Craig.

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NAV COIN ANONYMOUS SUBCHAIN TRANSACTIONS ▪ NAVCOIN.ORG BITCOINTALK.ORG
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August 28, 2016, 10:01:17 PM
 #18829

Good coin. Can it  drop to 1 cent to buy more cheap?  Roll Eyes



It might, it might not, you may get left behind with low buys though.

It seems I'm late  Sad

I did say low buy orders run the risk of getting left behind.

























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Token Sale Starts on [ 12 October ]
[ PRESALE IS OPEN ] ●●●






































Maksim Popov
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August 28, 2016, 10:02:46 PM
 #18830

how to get on Nav Slack?
for everet
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August 29, 2016, 01:20:11 AM
 #18831

run,,,run,,,,run.....10k  Grin
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August 29, 2016, 04:01:23 AM
 #18832

how to get on Nav Slack?
pm one of the devs, they will send an invite
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August 29, 2016, 04:16:11 AM
 #18833

how to get on Nav Slack?
pm one of the devs, they will send an invite

hope dev is monitoring the thread so we can ask for the slack invite moving so good.
hope it will continue moving up now. good timing to invest
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August 29, 2016, 04:54:28 AM
 #18834


So NAV has the same technology as XMR ?

I know how Dash works, but not how XMR works.


No, they are not. Monero is a cryptonote coin, totally differnet codebase from bitcoin.

Cryptonote coins are dark by design but not very user friendly and as I have noticed, their blockchain is very prone to forking.

NAV is a bitcoin based coin but has added original anon technology, more sophisticated than DASH's. It's still being worked on.

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August 29, 2016, 05:47:32 AM
 #18835


So NAV has the same technology as XMR ?

I know how Dash works, but not how XMR works.


No, they are not. Monero is a cryptonote coin, totally differnet codebase from bitcoin.

Cryptonote coins are dark by design but not very user friendly and as I have noticed, their blockchain is very prone to forking.

NAV is a bitcoin based coin but has added original anon technology, more sophisticated than DASH's. It's still being worked on.
Yes, the difference between NAV and DASH is almost completely clear to me. I asked it here 2 weeks ago and got a really good explanation.

The difference between NAV and Monero is still not clear to me after reading your reply. Looks like the codebase and user friendlyness is the difference. But that doesn't seem that big of a deal. I am more interested in the technology they use to ensure transaction privacy. I saw a video on youtube about Monero in which they claim they are the worlds most private coin. I hear the same story from the NAV community. So which community is right ?

As far as I could find out, Monero doesn't use a second encrypted blockchain like NAV. It does something like mixing but more complicated than Dash. If you send 1000 Monero to someone, it will create several fake addresses and send the money divided to all these addresses and then from these addresses to your target address. Something like that, but I still don't understand all the details. And I also think they use some encryption, something that Dash doesn't. I don't know yet whether NAV does any kind of mixing. That wasn't clear from the explanation I got. NAV has everything encrypted and uses an encrypted blockchain for anon transactions. What I don't know is whether this second blockchain gives any advantage to what Monero is doing. Monero encrypts everything ... isn't that enough for privacy ? Why bother about a second blockchain ?

Well, these are the questions I still have. If anyone knows the answer, please let me know.

EDIT: By the way, I just received following reply on youtube from a Monero guy:

Navcoin's anonymity function is similar to Dash's with some added bells and whistles. It is relying on parties which function similar to masternodes. Monero doesn't rely on anyone, it all happens on the protocol level, I prefer Monero's style of protocol-level mixing.

If I were to consider any alternative, it would probably be Boolberry- which incidently had a nice 150%+ surge today. Its technology is the same as Monero, with some adjustments, and it has a GUI. However, the more users a cryptocurrency has for this type of mixing, the more anonymous it is, and Monero far outshines its competitors in this realm.
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August 29, 2016, 09:42:22 AM
Last edit: August 29, 2016, 09:57:20 AM by pakage
 #18836

Hi Nav Coiners,

Time for the weekly update from the Team.

When we last reported I had completed the first cut of the brand new Anonymous Transaction System. This week I have been focusing on refining the first cut of code to make sure everything is accounted for and there are no possible errors. Everything seems to be working great so far and I have sent a bunch of successful transactions over the test net!

For anyone wondering how our anonymous system works, I would like to attempt to explain it. We are unlike any other Anon Crypto in the market and we are definitely not just DASH with extra bells and whistles as has been quoted in this thread. Hold on to your hats, this is the definitive answer of how our system works. It's complicated (and long sorry) but its important..

Instead of sending coins directly from Address A to Address B (like a regular Bitcoin), or from Address A through Addresses X,Y,Z to Address B (like a mixer or Dash), our system uses double encryption and a secondary block chain (Nav Subchain) to securely and fully anonymously send transactions through our network. From a user perspective its very easy to use. All you have to do is tick the "Send NAV Anonymously" box and click send. There's no pre-mixing, there's no command line gobbledegook. Just tick the box and press send.

When you choose to perform an anonymous send, firstly your wallet asks one of our Anonymous receiving servers via HTTPS for a short lived RSA public key. Address B is then encrypted by your wallet with the public key the receiving server sent. Address B is never broadcast from the Address A's wallet over the network in an unencrypted stated, not even over HTTPS which has been proven to be vulnerable (read: heartbleed). If you understand about RSA Public / Private keypair encryption, it is by nature asymmetric. The public key which we send out can only be used for encrypting. The public key is physically incapable of decrypting data so there's no security issue with broadcasting the public key to Address A's wallet over HTTPS. Only the server which issues the public key is able to decrypt with the private key, which never leaves the server and which are periodically deleted. So after a short period of time, it is literally impossible even for the server which sent the public key to decrypt Address B.

Once Address B is securely encrypted by your wallet, the coins are then sent from Address A to a wallet address owned by the Anonymous receiving server which provided the RSA Public Key to your wallet. The encrypted Address B is attached as an extra argument on the Nav Coin block chain transaction itself. There are no sql databases involved, all data storage is happening on the block chain and by the very nature of how block chains work, is decentralised.

When the receiving server sees the unspent Nav transaction in its wallet, it decrypts attached Address B with the private key which matches the public key it sent to Address A's wallet, then communicates to one of the Anonymous sending servers to repeat the initial task. It asks the sending server for its own short lived public RSA key which the receiving server then uses to re-encrypt Address B. The receiving server then creates a random amount of randomly valued transactions NOT on the Nav Coin block chain but on the Nav Subchain (which is an entirely separate block chain). These transactions all have a freshly re-encrypted version of Address B attached them and are sent to random addresses owned by the chosen Anonymous sending server.

When the sending server sees the unspent Nav Subchain transactions arrive in its wallet, it decrypts attached Address B, adds up the transactions, re-randomizes the number of transactions and transaction values and creates them as real Nav Coin transactions back on the main Nav Coin block chain. These coins are taken from an existing pool of Nav Coin which are stored on the server and are not the original coins sent from Address A.

In fact, the Nav which Address A sent are only ever used to replenish the Nav pool on the sending server for future transactions, they are never used in the same transaction chain as what end up in Address B. This is how we explicitly break the link between Address A and Address B on the Nav block chain.

Think of the Subchain as a transaction director rather than actually performing transactions itself. Receiving severs use the subchain to instruct the sending server who to send Nav to and how much to send.

The reason we use a Subchain as the transaction director between servers is that it maintains all the advantages of a decentralised block chain and none of the risks of relying on a corruptible, hack-able database server or direct (read: intercept-able) communication.

If someone were to literally burn our anonymous servers to the ground, as long as there is still a copy of the Nav Coin and Nav Subchain block chains out there somewhere, we can restore their wallet.dat(s) to new servers and they will resume exactly where they left off at the oldest unspent transaction in their wallet. Ahhh, the beauty of block chain technology! I don't miss the horrors of MySQL for one moment!

I've drawn this diagram as a (over) simplified way to visualise what I am talking about:



The important points to remember are that the sent Nav and the received Nav can not be transactionally linked on the same block chain. Any information that is transmitted along the subchain is randomized and re-encrypted so it can not positively identified as connected to the original transaction on the Nav block chain. All encryption keys are only used for a short period of time and then deleted, making all expired transaction records impossible to decrypt.

I know this is confusing as hell if you're not a tech-wizard, Sophia and Mark are working on a layman's translation of this information for a press release as we speak.

For those who weren't around for the last iteration of the Anon system, here is what an anonymous transaction looks like in the transaction history:



You can see at 28/08/2016 20:22 I send 100 NAV to address NegpeVty... (an anonymous receiving address) and then at 28/08/2016 22:13 I received 7 transactions of various amounts which total to ~99.4 NAV (100 - 0.5% anon processing fee - regular transaction fees).

If I open the transaction details of the sent 100 NAV you can see the encrypted Address B (which in this case was my own address) attached here to the block chain transaction as 'anon-destination':



You will notice these sent to and receiving transactions are nearly 2 hours apart, this is only because I am running the Anon network in test mode where I am manually inspecting and running the scripts while I debug and refine the code. In reality it would be a maximum of around 5 minutes between Address A sending and Address B receiving.

In regards to my progress, you can see here I have successfully sent and received transactions through the new Anonymous network. I am finishing my refinements this week and myself and Shahim will begin to deploy and test this on the live network next week. Once we are happy the live network is operating without a hitch we will open it to the public for use. We have not set an official launch date yet as we do not have crystal balls to predict what problems may arise when we begin live testing. We will keep you all posted with our progress and attempt to release the live network as soon as is practical and safe.

Once the new anon scripts are live, I think that will jump us to approximately 80% complete on the decentralisation project progress. I will immediately continue to work on that with the intention of getting that released as soon as possible. Hopefully you can see that the nature of the technology is very complex in itself and when you combine attempting to safely decentralise the system, it becomes exponentially more difficult. However, I believe that I am very close to a working solution for decentralisation and am confident that I can get it out there within a reasonable timeframe.

In the mean time, Soopy has been working on a fix for some of the syncing issues users have been reporting on the desktop wallet as well as investigating the compiling issues of the OSX wallet. Soopy and Shahim have been testing the thin desktop client which we also hope to release soon. Sophia, Mark and Strugg have been working hard on our marketing strategy, preparing press releases and marketing materials for our upcoming feature releases (thin client, mac wallet, anon-relaunch and decentralisation).

Everyone is working hard to pull this all together and we are glad to have you all along for the ride as supporters, investors and friends.

Till next week, please keep the questions coming and we will endeavour to answer them all.

Talk soon,
Craig.


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NAV COIN ANONYMOUS SUBCHAIN TRANSACTIONS ▪ NAVCOIN.ORG BITCOINTALK.ORG
Arvesen
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August 29, 2016, 10:05:11 AM
 #18837

What a wonderful weekly news!

The future in the hands of NAV team!
Ginger Ninja
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August 29, 2016, 10:07:28 AM
 #18838

Just wanted to thank Craig for the splendid update (as usual) and to thank ALL of the devs for the continued effort and hard work.
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August 29, 2016, 10:28:19 AM
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When can we expect full integration?

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August 29, 2016, 10:47:52 AM
 #18840

When can we expect full integration?

In regards to my progress, you can see here I have successfully sent and received transactions through the new Anonymous network. I am finishing my refinements this week and myself and Shahim will begin to deploy and test this on the live network next week. Once we are happy the live network is operating without a hitch we will open it to the public for use. We have not set an official launch date yet as we do not have crystal balls to predict what problems may arise when we begin live testing. We will keep you all posted with our progress and attempt to release the live network as soon as is practical and safe.

Once the new anon scripts are live, I think that will jump us to approximately 80% complete on the decentralisation project progress. I will immediately continue to work on that with the intention of getting that released as soon as possible. Hopefully you can see that the nature of the technology is very complex in itself and when you combine attempting to safely decentralise the system, it becomes exponentially more difficult. However, I believe that I am very close to a working solution for decentralisation and am confident that I can get it out there within a reasonable timeframe.

███████████████████
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NAV COIN ANONYMOUS SUBCHAIN TRANSACTIONS ▪ NAVCOIN.ORG BITCOINTALK.ORG
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