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Author Topic: ★[ANN] [NAV] NAV COIN - Community Fund Live!!!  (Read 2083032 times)
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mogrith
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October 24, 2016, 04:47:09 PM
 #20301

Quote
I was now thinking about how many minimum NAV I need to run the Anon Decentralization Server.

The more you have in pool the larger the tx you can accept. The anon process checks to make sure server can process the TX. So if you have a large pool you can handle many small tx in process waiting to get NAV back and still be able to handle a new large tx.

Mean more fess for you.

I'm planning on ~100k Nav will start on a spare pc but when fees will cover it will move to a hosted VM.

Merge mine BLC+PHO+ELT+XDQ+BBTC+UMO+LIT pool is open http://la1.blakecoin.com tips: 1MogRiTHpQZ7bkpq49cSVWADrTt7Jrghp
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October 24, 2016, 05:05:28 PM
Last edit: October 24, 2016, 05:49:00 PM by hashforce101
 #20302

Quote
I was now thinking about how many minimum NAV I need to run the Anon Decentralization Server.

The more you have in pool the larger the tx you can accept. The anon process checks to make sure server can process the TX. So if you have a large pool you can handle many small tx in process waiting to get NAV back and still be able to handle a new large tx.

Mean more fess for you.

I'm planning on ~100k Nav will start on a spare pc but when fees will cover it will move to a hosted VM.

Appreciate the answer mogrith  Smiley

d8ncer
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October 24, 2016, 08:05:34 PM
 #20303

If you set up a server as such using your own Navcoin, what is the transaction fees likely to be. I have 84000 coins and wondering if it would be worthwhile doing.

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October 24, 2016, 09:18:11 PM
 #20304

Tried this coin for the first time and got to say that it having Electrum wallet is very impressive. Never underestimate the power of ease of use Cheesy

However, doesn't using Electrum lowers the level of anonymity?

HI

Android Anon Send and Staking Wallet

We are building a full node wallet for Android. This wallet is based on the QT version of the full node wallet and will be able to stake NAV and send Anonymous Transactions from your mobile!

25%

http://navcoin.org/projects

This will be a worlds first if successful - in development
thanks for your question



Awesome roadmap with the Android Anon Send and Staking Wallet. to the Moon!


mogrith
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October 24, 2016, 09:48:22 PM
 #20305

I'm not sure anyone knows yet. 

From the white paper cheat sheet:
Quote
One being that Navtech servers contributing to the anonymous system will gain a small payment from each transaction fee. This could add up to significant volumes if a lot of transactions are processed. Secondly, that Navtech can be adapted to be used by other cryptocurrencies.

If you set up a server as such using your own Navcoin, what is the transaction fees likely to be. I have 84000 coins and wondering if it would be worthwhile doing.

There are some values set in the testing what the will be in the go live version I have no idea.

I'm also not sure if fees are the same in all servers or can be different.  If you can set your sever fee and I can set mine will that make it a race to the bottom?  the dev group will be running first severs as part of the rollout and to be able to adjust for the inevitable bugs not found in testing.

Guess I need to dig into API on whitepaper and not cheat sheet.

Merge mine BLC+PHO+ELT+XDQ+BBTC+UMO+LIT pool is open http://la1.blakecoin.com tips: 1MogRiTHpQZ7bkpq49cSVWADrTt7Jrghp
techbytes
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October 24, 2016, 10:27:00 PM
 #20306

Tried this coin for the first time and got to say that it having Electrum wallet is very impressive. Never underestimate the power of ease of use Cheesy

However, doesn't using Electrum lowers the level of anonymity?

HI

Android Anon Send and Staking Wallet

We are building a full node wallet for Android. This wallet is based on the QT version of the full node wallet and will be able to stake NAV and send Anonymous Transactions from your mobile!

25%

http://navcoin.org/projects

This will be a worlds first if successful - in development
thanks for your question



Awesome roadmap with the Android Anon Send and Staking Wallet. to the Moon!



Excited for the Pi staking unit.  Can't wait...


-tb-

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October 24, 2016, 11:41:40 PM
 #20307

Are you saying it will be just like staking? having big amount of navcoins in the server will allow you to handle more transactions?

Maybe a limit of navcoins for each anon server will be more healthy... For example 10000 navcoins for each anon server. Then if you have 100k you can run 10 servers.
What you think about this ?

Quote
I was now thinking about how many minimum NAV I need to run the Anon Decentralization Server.

The more you have in pool the larger the tx you can accept. The anon process checks to make sure server can process the TX. So if you have a large pool you can handle many small tx in process waiting to get NAV back and still be able to handle a new large tx.

Mean more fess for you.

I'm planning on ~100k Nav will start on a spare pc but when fees will cover it will move to a hosted VM.

All is an illusion, there is only energy flowing
Wasda
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October 25, 2016, 12:24:47 AM
 #20308

Are you saying it will be just like staking? having big amount of navcoins in the server will allow you to handle more transactions?

Maybe a limit of navcoins for each anon server will be more healthy... For example 10000 navcoins for each anon server. Then if you have 100k you can run 10 servers.
What you think about this ?

Quote
I was now thinking about how many minimum NAV I need to run the Anon Decentralization Server.

The more you have in pool the larger the tx you can accept. The anon process checks to make sure server can process the TX. So if you have a large pool you can handle many small tx in process waiting to get NAV back and still be able to handle a new large tx.

Mean more fess for you.

I'm planning on ~100k Nav will start on a spare pc but when fees will cover it will move to a hosted VM.

no, bad idea

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pakage
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October 25, 2016, 01:39:29 AM
 #20309

Are you saying it will be just like staking? having big amount of navcoins in the server will allow you to handle more transactions?

Maybe a limit of navcoins for each anon server will be more healthy... For example 10000 navcoins for each anon server. Then if you have 100k you can run 10 servers.
What you think about this ?

Quote
I was now thinking about how many minimum NAV I need to run the Anon Decentralization Server.

The more you have in pool the larger the tx you can accept. The anon process checks to make sure server can process the TX. So if you have a large pool you can handle many small tx in process waiting to get NAV back and still be able to handle a new large tx.

Mean more fess for you.

I'm planning on ~100k Nav will start on a spare pc but when fees will cover it will move to a hosted VM.

Currently we load 50k NAV onto each outgoing server pair. The code is written in such a way that the incoming server gets the balance the seleted outgoing server and will only send as many pending transactions as the outgoing server has waiting to send out. This number is not restricted in the code, simply restricted by the amount of available NAV on the outgoing server. The full details of how decentralization is going to work will be released as a whitepaper as soon as possible after the public Anon release. At which point we can take public feedback and work it into the plan.

There are many security concerns to take into account. I think i have a good approach figured out which gives users the ultimate choice of who they transact through and will patch most of the security concerns I have raised amongst the team. More will be revealed in a couple of weeks with the official decentralization whitepaper

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NAV COIN ANONYMOUS SUBCHAIN TRANSACTIONS ▪ NAVCOIN.ORG BITCOINTALK.ORG
hashforce101
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October 25, 2016, 03:27:02 AM
Last edit: October 25, 2016, 03:51:05 AM by hashforce101
 #20310



~NAVCoin~

~Releasing The Kraken - The Unbreakable Code~


http://navcoin.org/exchanges
Golftech
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October 25, 2016, 03:59:12 AM
 #20311



~NAVCoin~

~Releasing The Kraken - The Unbreakable Code~


http://navcoin.org/exchanges
so we will be expecting more explosion coming from this project just glad i got my few coins when its still below 5k waiting for more. good luck mate.
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October 25, 2016, 07:56:28 AM
 #20312

any arguments?

Are you saying it will be just like staking? having big amount of navcoins in the server will allow you to handle more transactions?

Maybe a limit of navcoins for each anon server will be more healthy... For example 10000 navcoins for each anon server. Then if you have 100k you can run 10 servers.
What you think about this ?

Quote
I was now thinking about how many minimum NAV I need to run the Anon Decentralization Server.

The more you have in pool the larger the tx you can accept. The anon process checks to make sure server can process the TX. So if you have a large pool you can handle many small tx in process waiting to get NAV back and still be able to handle a new large tx.

Mean more fess for you.

I'm planning on ~100k Nav will start on a spare pc but when fees will cover it will move to a hosted VM.

no, bad idea

All is an illusion, there is only energy flowing
Galahad111
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October 25, 2016, 10:15:39 AM
 #20313

Such a great development team. Thank you for all your years of steady hard work in creating what NAV is today and what it will be in future.  I am simply greatful to you all.
pakage
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October 25, 2016, 10:26:25 AM
 #20314

Hi Nav Coiners!

Time for the weekly update. It's been a pretty surreal week with the Thunderclap and Anon Launch date announcement. Lots of new interest in our project and lots of effort being put in by community members all across the globe.

Global Translations

We now have forum threads in multiple languages covering a range of posts

Spanish - https://bitcointalk.org/index.php?topic=1655866.msg16638439

Dutch - https://bitcointalk.org/index.php?topic=1656770.msg16637277

Portuguese - Coming Soon

If you are fluent in a language that you think will be interested in Nav Coin and can translate our content for us, please send me a PM. We are currently offering 1000 NAV Bounty for thread translations which we have chosen and approved.

Our Announcement Thread has also been posted on icotimeline.com check it out here:  http://icotimeline.com/blog/2016/10/23/navcoin

Navtech Anon Beta

With November 1st one week away, we are closing in on the release candidate version of the anon scripts. I have just released a new version to the servers today for the beta test group and I am hopeful that this version is the one which we will release with the only addition being more unit tests.

I have successfully implemented and tested the queuing system at maximum payload. I have sent 10 x 10,000 NAV transactions within in the 2 minute processing cycle window. The server is only loaded with 50,000 NAV so it can't process the entire amount in one cycle. I expected a queue to form and for the payments to get processed in 2 cycles. This test was successful and I received all 100,000 NAV back to my wallet in the expected time frame.

I have also implemented a queue checker when your wallet requests an available incoming server. If the queue is more than 30 minutes long (eg. there is a pending transaction with 60 or more confirmations) the server will tell the wallet it is unavailable and your wallet will try the next server.

I have also done some work to refine how the outgoing servers are refilled from the incoming servers which will allow for more randomness within the cluster when it comes to choosing servers to transact with.

Quote from: Nav Coin

Navtech Anon Beta

Progress Report

Phase 1: Low value transactions with small test group on single server pair - complete

Phase 2: Medium value transactions with large test group on single server pair - complete

Phase 3: Medium value transactions with large test group on multi server cluster - complete

Phase 4: Large value transactions with large test group on multi server cluster - complete


I am confident in this current version and when the beta testers are happy I will label this as our release candidate version. I will be steadily working towards my goal for November 1, to implement as many unit tests as possible.

I will keep you all updated with the progress from the beta test group and especially if we encounter any late coming issues.

Not much else to report this week. We are at the business end of the Public Anon Release, so the whole team is working hard to pull together for November 1.

To keep up with the latest, follow us on twitter and join us on slack!

Talk soon,
Craig.

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NAV COIN ANONYMOUS SUBCHAIN TRANSACTIONS ▪ NAVCOIN.ORG BITCOINTALK.ORG
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October 25, 2016, 01:24:31 PM
 #20315

Hey guys,
i've made a portuguese translation:

https://bitcointalk.org/index.php?topic=1661207.0
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October 25, 2016, 01:32:57 PM
 #20316

Great to read the 4 phases of NAVTech have been completed. Don't underestimate this announcement Pakage. It's The weekly update the community has been Patiently waiting for. So there are no hurdles for November 1

Side message: Trust me the Whale's are now buying big
. Using every tactic possible. Hold your NAV guy's when NAVTech relaunches you are going to Value every single Coin

We will be Number 1 - 0 Doubts

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October 25, 2016, 01:42:32 PM
 #20317

Hey guys,
i've made a portuguese translation:

https://bitcointalk.org/index.php?topic=1661207.0



Well done mate!!!


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October 25, 2016, 02:49:23 PM
 #20318


If you are fluent in a language that you think will be interested in Nav Coin and can translate our content for us, please send me a PM. We are currently offering 1000 NAV Bounty for thread translations which we have chosen and approved.


Is this for a translation of the OP or for other stuff too?

I'm a native greek speaker and I could handle the translation.

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October 25, 2016, 03:13:57 PM
 #20319

With a pool of only 1000NAV you will quickly become unavailable and only random chance that the next TX will go to another of your servers. also this means only tx of 1000Nav or less could be processed. if you have already started on other TX the balance is even smaller so even more chance of being too small to get another tx.

 

any arguments?

Are you saying it will be just like staking? having big amount of navcoins in the server will allow you to handle more transactions?

Maybe a limit of navcoins for each anon server will be more healthy... For example 10000 navcoins for each anon server. Then if you have 100k you can run 10 servers.
What you think about this ?

Quote
I was now thinking about how many minimum NAV I need to run the Anon Decentralization Server.

The more you have in pool the larger the tx you can accept. The anon process checks to make sure server can process the TX. So if you have a large pool you can handle many small tx in process waiting to get NAV back and still be able to handle a new large tx.

Mean more fess for you.

I'm planning on ~100k Nav will start on a spare pc but when fees will cover it will move to a hosted VM.

no, bad idea

Merge mine BLC+PHO+ELT+XDQ+BBTC+UMO+LIT pool is open http://la1.blakecoin.com tips: 1MogRiTHpQZ7bkpq49cSVWADrTt7Jrghp
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October 25, 2016, 03:18:52 PM
 #20320


If you are fluent in a language that you think will be interested in Nav Coin and can translate our content for us, please send me a PM. We are currently offering 1000 NAV Bounty for thread translations which we have chosen and approved.


Is this for a translation of the OP or for other stuff too?

I'm a native greek speaker and I could handle the translation.

At the end of the day it's up to you mate. @Colvano and I have been translating not only the OP but some of the announcements and the Anon cheat sheet. I'd recommend you to start with OP and then if you feel like you can help further just do it!

Everything helps here!

Salud!

I've been in Crete a few weeks ago...Lovely country you have! Best food ever!

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