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Author Topic: ★[ANN] [NAV] NAV COIN - NAVTECH NOW DECENTRALIZED!  (Read 2032504 times)
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SafeCoins
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January 01, 2018, 10:27:29 PM
 #24161

Hi there,

I'm putting together an evaluation matrix of all notable Anonymous/Private cryptocurrencies, and could use your help clarifyiing Navcoin.    Feedback including reference to something official (website, whitepaper etc) or Dev comments (or devs themselves) would be very much appreciated.

Thank you!

https://bitcointalk.org/index.php?topic=2669844.0


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January 02, 2018, 12:17:39 AM
 #24162

Hi there,

I'm putting together an evaluation matrix of all notable Anonymous/Private cryptocurrencies, and could use your help clarifyiing Navcoin.    Feedback including reference to something official (website, whitepaper etc) or Dev comments (or devs themselves) would be very much appreciated.

Thank you!

https://bitcointalk.org/index.php?topic=2669844.0




Well it is not very useful if it does not even indicate NAV is proof of stake and does not even realistically indicate how NAV sits against the other coins.  But at least NAV is on the list I guess so it is a start.
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January 02, 2018, 01:11:31 PM
 #24163

One week on staking on not a single coin ..

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CrytpoGod27
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January 02, 2018, 02:53:50 PM
 #24164

How this coin is not at least a 1 billion market cap is completely beyond me. I can literally name 10 coins that are 1 billion market cap that this should be in front of. NAV coin is crazy undervalued right now. Get in now, begin Staking, and HODL. Plain and simple.
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January 02, 2018, 06:37:55 PM
 #24165

is there any bootstrap of blockchain? i couldnt find one on the nav website
i can not sync the wallet
the nodes are updated, but still there is no connection

now i have connection, but it needs to sync for more than one year Sad
i really appreciate it if someone could upload the blockchain
thanks in advance
CRYPTONAIRE
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January 02, 2018, 07:14:09 PM
 #24166

How this coin is not at least a 1 billion market cap is completely beyond me. I can literally name 10 coins that are 1 billion market cap that this should be in front of. NAV coin is crazy undervalued right now. Get in now, begin Staking, and HODL. Plain and simple.

Totally agree re the potential value of NAV; personally, I expect it to take off as 2018 progresses and the major projects (eg Polymorph) are delivered and promoted.  People just need to be patient.

As for staking, I wish that I could; it has been stalled since 24th Dec.

★ F.B.I ★ Federated Blockchains Initiative : Progress through Co-operation ★ F.B.I ★
★★★  Attention!!  The FinanceCloud API is coming; see link under avatar!!  ★★★
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January 02, 2018, 09:43:27 PM
 #24167





YouTube: https://www.youtube.com/watch?v=w-R0nBZ5tKE

Subscribe and smash the 'Likes'
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January 03, 2018, 01:46:35 AM
 #24168

AAA + is an understatement. The Whales are playing

Edit --- I just got spat out the other end. Well that was an experience  Grin

Ok relax . Loving NAVPay Guys

Also Bitcoin Forum Moderators I would like to get my account back hashforce101 account with lower case and all . Someone has hacked changed the email address to pb@moderntoken.com

It should be HAShForce101@gmail.com . Nice hack . So I'll click on report to moderator

This is my Twitter account with over 12k followers . Take a look at HaShForce101 (@HaShForce101): https://twitter.com/HaShForce101?s=09

My Twitter account shows my NAV tweets of past many years

 Send a test to my email account HAShForce101@gmail.com

Thanks
CryptoJohn
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January 03, 2018, 04:53:17 AM
 #24169

Logo has changed, buy signal has not.


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January 03, 2018, 05:01:36 AM
 #24170

X10 CryptoJohn . Your logo still the same too. I might just get use to hashforce102 and add a logo from my Twitter account  Cheesy
Lol 4 posts its 2018 !
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January 03, 2018, 06:13:09 AM
 #24171

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January 03, 2018, 08:23:12 AM
 #24172

been following navcoin for a while, it feels great to see development team accomplishing milestones.

im holding onto my NAVs until this gets over 2-3b$ marketcap. 200 million cap for a project about this scale is ridiculous. proof of stake is another plus for HODLers. 2018 will be NAVs and SUBs year!
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January 03, 2018, 09:07:05 AM
 #24173

Has staking died AGAIN?

I haven't had any for a week now.....

Latest wallet 4.1.1.0
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January 03, 2018, 10:07:43 AM
 #24174





YouTube: https://www.youtube.com/watch?v=w-R0nBZ5tKE

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January 03, 2018, 10:54:41 AM
 #24175

A Ground breaking feature is Released by Navcoin and large investors of NAV dump on the coin . What message does this send to the crypto community ? . Think about it. The dump was completely unnecessary. At least there done .

The most undervalued crypto currency on the Market
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January 03, 2018, 10:59:25 AM
 #24176

Hey, what is the max supply of this coin?
hash512
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January 03, 2018, 01:20:33 PM
 #24177

Hey, what is the max supply of this coin?
Current supply is 62,253,388 (https://chainz.cryptoid.info/nav/) + 5% (but will become 4% staking and .25 NAV per block to the community fund) per year maximum.  The maximum level of staking is not normally reached as not all coins are participating in staking all the time.  The maximum supply could be considered infinite but would be a misrepresentation as it would also take an infinite amount of time to reach that supply level.  It does not seem to be an issue at this point in time.
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January 03, 2018, 04:28:06 PM
 #24178

A Ground breaking feature is Released by Navcoin and large investors of NAV dump on the coin . What message does this send to the crypto community ? . Think about it. The dump was completely unnecessary. At least there done .

The most undervalued crypto currency on the Market

dumpers are not large investors, puny weak hands is all. Large investors understand marketcap.

@Dev
Just launched a NAV Pi staking wallet. Went with a generic Pi because the NAV Pi's sell out so fast.

Pi wallet is staking like a champ and so easy to monitor.

Great work.

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January 03, 2018, 05:22:35 PM
 #24179

Whith Navpay spread, White paper coming soon, the marketing plan soon announced by the new marketing team, polymorph Q1 2018 and then Navtech 2.0, 2018 will be the year of Navcoin. Such a great Dev team, great products and news incoming and geat tech, Navcoin stayed below the radar and really really undervalued (more than 10 or 15x regarding the market cap and more after the news and launch flow in 2018).

To understand what is Navcoin, and it will target the Top 20 Crytocurrencies market cap in 2018 (have a look, compare and make your idea by yourself) :

To start, NAV isn't just a "privacy" focused coin. In Q1 2018, it will become a "privacy" focused platform/ecosystem. That makes NAV markedly different than Verge and Monero, aka huge growth potential over the next few months Smiley. NAV is also POS whereas Monero is POW. I believe POS is the future of blockchain. No surprise that Ethereum is looking to migrate to POS as well in 2018. There are many more attributes that make NAV more versatile than Monero. That said, I like Monero as well. Here's a few highlights that explain NAV more for you:

NavChain (the teams working title for the anonymous dapps platform)

As I mentioned above will be a privacy focused platform/ecosystem (I hate linking us to another project, but think anonymity of ethereum/neo). Once NavChain (Adapps) is built (the whitepaper is set to release in early Q1), the first planned anonymous application will be NavTech2.0.

Bonus: The devs are developing a working prototype of NavChain as we speak (including a working protoype of NavTech2.0). This will lead to faster development of the actual product.

Read more from the AMA: https://navtechservers.com/ama30102017/

NavTech2.0

Because NAV is a POS coin, NavTech2.0 will make every individual staking wallet have the option to act as a private server, which will create a fully decentralized mesh network of private payment servers. This is truly revolutionary in that it will create a trustless network. It solves the current concerns regarding trusting a small set of servers for private payments.

For more information https://navcoin.org/news/a-guide-to-navtech/

Community Fund

Nav recently passed a community fund which will reduce the staking rewards from 5% to 4%. The purpose is to use the 1% staking rewards to finish roadmap projects; hire more devs/marketers; market product launches; and finish community projects. "This equates to about $1M USD per year (at the current price) to spend on community projects, the core teams development roadmap and marketing initiatives – which will be a huge boost to the project."

Read more here: https://navcoin.org/news/community-fund-success/

Polymorph:

Polymorph is a web service designed to allow users to anonymise any of the currencies which are exchangeable on Changelly. How it works is best summarised by this slide from our 2016 Nav Coin Conference:

http://i.imgur.com/UpNL6uA.jpg

The user chooses their input currency & amount, output currency & destination address. Polymorph will exchange whatever currency is input to NAV with Changelly, send it through our dual blockchain private payment platform NavTech, then exchange it back to the specified output currency and send it to its destination.

You can specify the same input and output currencies, or you could actually use it as an exchange service also, inputting BTC and outputting ETH for example.

Copied from our lead dev here: https://www.reddit.com/r/NavCoin/comments/6ii8xm/what_is_polymorph_project/dj6wn02/

NavPay

Check out the most recent NavPay launch: https://twitter.com/NAVCoin/status/943738103839289344. If you have android, try it out! It's coming to iOS soon.

More info here: https://navcoin.org/navpay/

EDIT

NavPi and coming in 2018 NavPi 2.0 25% complete

The NavPi is the Nav Coin Raspberry Pi 3 Stakebox. With the NavPi you can stake your NavCoin at efficient cost, saving electricity. Use NavPi as passive income generator while you sleep: https://store.navcoin.org/product/navpi-stakebox/

https://navtechservers.com/video-tutorials/navpi/

https://store.navcoin.org/product/navpi-stakebox/

https://navtechservers.com/navtech-tools/staking-calculator/

NavPi 2.0 - "After the successful launch of NavPi, we are working towards streamlining the interface. This means a full redevelopment using Angular2 served by NodeJS. This also aims to improve the performance of the front end giving a smoother user experience."

Copied from NavCoin Roadmap: https://navcoin.org/project-roadmap/

NAV Details at a Glance

NAV's Website: https://navcoin.org/ NAV's Roadmap: https://navcoin.org/project-roadmap/ NAV Team Section: (Scroll Half Way Down) https://navcoin.org/))

How to buy NAV: https://navcoin.org/exchanges-and-services/

Algorithm: POS

Block Time: 30 sec

Number of Transactions/Second: 1120

Coin Circulation (as of 1/1/18): ~62,250,000 NAV

Inflation: 4% (once community fund is up and running in Q1 2018).

Lastly, Another great resource is https://navtechservers.com/. This website was created by a community member and (reddit moderator /u/navtechservers) as an independent resource guide from the NAV development team. The tutorials/videos/links are extremely helpful!
btctalker77
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January 03, 2018, 05:41:33 PM
 #24180

Hi all,

I'm new to Bitcointalk, but I'm watching the NAV thread for a long time as I bought some NAVcoins sometime ago and I love this coin.

I have a suggestion about a very nice feature that I think would be extremely useful for NAV Coin, and I don't know how to suggest it to the developers, so I decided to write it here and see what the community thinks about it.

I think NAV Coin should have a "Leasing" feature, like the one currently used in the WAVES platform.

For those who don't know how the "Leasing" works in WAVES, it's very simple. You can lease your coins from your wallet to somebody else who runs a node and generates rewards, and the rewards generated from your leased coins will be split between the one running the node and the coins owner. This way, people who lease their Waves earn rewards for their leased coins and those running the nodes earn a little extra from the leased coins. The leased coins are 100% safe because they always belong to their owner and cannot be spent by the one running the node. Everything is automated and you can earn rewards from your waves very easy without running a node. It is a very good solution for those who can't run nodes/stalk coins.

Now, in the case of NAV Coin, I would see the Leasing working in the following way:

Wallet X leases 1200 NAV to wallet Y.
Wallet Y stalks the leased NAV.
In one month of stalking, the 1200 NAV generate 5 NAV (5% per year for 1200 coins during one month)
The 5 NAV are distributed as follows:
1 NAV community fund
1 NAV Wallet Y (for stalking)
3 NAV Wallet X (the coins owner)

In the above example, the stalking rewards are 1% for the community fund, 1% for the stalker and 3% for the coin owner. This means that from the 4% stalking rewards that don't go to the community fund, the stalker keeps 25% and the owner gets 75%.

BENEFITS:
- This way, people who don't have the time, tech expertise or enough NAV to be worth stalking can also earn interest on their NAV, but at a lower rate (3%)
- People who already stalk their NAV can get additional rewards by also stalking leased NAV from other people. They'll get 1% of all the NAV they stalk for others.
- The community fund gets more NAV since more NAV will be stalked. A lot of the NAV that are currently not being stalked might be leased and generate rewards.
- People could earn 3% even if they use a light wallet or a mobile wallet, by simply leasing their coins to those who are experienced in stalking
- Leasing your coins and earning interest on them encourages people to HODL their coins for the long term, as they will regularly receive interest in their wallet from their leased coins and will love it

As the situation stands right now, if you have NAV coins worth only 1000$ for example it is not worth it the effort to stalk your coins, as the reward will be only $40 in a year. But it would be very nice to be able to lease your coins without any risk and effort and still earn $30 in a year, while the one already doing the stalking to earn $10 extra, and the community fund an additional $10 as well.

It would be a WIN-WIN-WIN situation for Small Coin Owners, Stalkers and the Community.

What do you guys think about this?

Not a single reply about my idea... What do you people think about such an option? Do you think it could/should be implemented on NAV?

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