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

[Aktor]

For sure price will go up in weeks but I'm not so sure it will go to 10$ each NAV.Thats more than 500m$ marketcap lol (2-nd rank in cmc).Do you belive this tech could cost about 500m$

[vince232]

For sure price will go up in weeks but I'm not so sure it will go to 10$ each NAV.Thats more than 500m$ marketcap lol (2-nd rank in cmc).Do you belive this tech could cost about 500m$

i think 1 usd is possible though

[Havelivi]

The double encryption is a very interesting technology.

can someone elaborate on this "double encryption" tec  so i can buy more

BUMP!!!!!!!!!!  

The first layer is that all communication between the wallet and our API server is encrypted and sent over SSL. As is the communication between the Nodes and the API. This means that someone who is actively reading the data coming in and out of your IP address or in and out of our servers can not decipher what is being transmitted into plain text.

The second layer is that the destination address will be encrypted by the wallet using an Asynchronous encryption key pair.

Asynchronous encryption means that the wallet will get supplied with a public key which can encrypt data but can NOT decrypt data. The Nodes will retain the private key and never broadcast it. The private key is the only thing which can decrypt something encrypted by the public key. This means that at no point in time is anything broadcast which can be used to decrypt the destination address and the destination address is encrypted before leaving the wallet, so the destination address is never ever transmitted in plain text or in a format which can be deciphered.

These key pairs are regularly replaced on the servers, as to protect past transactions from if a security breach occurs.

We do of course use the block chain to transmit the final destination address and by encrypting the destination address, no one can simply view the address by looking at the block chain.

When we transmit on the subchain we decrypt and then re-encrypt the destination address with a new key pair and send it in a similar manner to the outgoing servers and this all also happens over encrypted SSL communication.

I hope this makes the process a bit clearer and hopefully explains why it is a complex thing to achieve!

Cheers,
Pakage

thanks pakage for great update. NAV will go to the moon very soon.

[Aktor]

For sure price will go up in weeks but I'm not so sure it will go to 10$ each NAV.Thats more than 500m$ marketcap lol (2-nd rank in cmc).Do you belive this tech could cost about 500m$

i think 1 usd is possible though

I think this is the max price for this coin which is not bad

[gorian]

For sure price will go up in weeks but I'm not so sure it will go to 10$ each NAV.Thats more than 500m$ marketcap lol (2-nd rank in cmc).Do you belive this tech could cost about 500m$

i think 1 usd is possible though

1$ is plausible, especially if BTC rise to 600$-700$ then maybe more. Because then more BTC holders will invest in alt coins.

[vince232]

i must wait for 4 days before my wallet start to stake right?

[TakeItEasy]

i must wait for 4 days before my wallet start to stake right?

Why ? No. It depends how many coins you have in your wallet.

Or something changed ?

[vince232]

i must wait for 4 days before my wallet start to stake right?

Why ? No. It depends how many coin you have in your wallet.

Or something changed ?

oh i thought i needed to wait for days because of min coin age. i just received my coins a while ago

[TakeItEasy]

i must wait for 4 days before my wallet start to stake right?

Why ? No. It depends how many coin you have in your wallet.

Or something changed ?

oh i thought i needed to wait for days because of min coin age. i just received my coins a while ago

Hm. May be I wrong...
It's really said

Proof of Stake   
                     
Min Age   4 days

But as I remember I hadn't wait 4 days before staking...But it was so long ago...

[bspus]

i must wait for 4 days before my wallet start to stake right?

Why ? No. It depends how many coin you have in your wallet.

Or something changed ?

oh i thought i needed to wait for days because of min coin age. i just received my coins a while ago

Hm. May be I wrong...
It's really said

Proof of Stake   
                     
Min Age   4 days

But as I remember I hadn't wait 4 days before staking...But it was so long ago...

It used to be 4 days but that changed months ago. Now its 1 day

[Remy_5]

Hm. May be I wrong...
It's really said

Proof of Stake   
                     
Min Age   4 days

But as I remember I hadn't wait 4 days before staking...But it was so long ago...

It used to be 4 days but that changed months ago. Now its 1 day

AFAIK These are the POS specification currently in use:
        POS (Phase 2 Started) :
                   Min age: 2 Hours
                   Max age: 1 Day
                   Minted Blocks Maturity: 60
                   POS phase 2 Start after Block Height: 141350
                   Stake Interest: Rest of first Year: 20%
                                              Second Year: 10%
                                     Third Year + nYears: 5%

Naturally, the time required for a pile of coins to generate a stake block with success
is not fixed, but as in any coin that uses the POS, it varies greatly, depending on the
value of pile of coin, and the overall condition of the network, and in part by luck.

Bye

[Remy_5]

yes website was down. I am researching for this problem. Due this research I changed the loading timings for the block explorer. therefor it could be it is sometime 15 minutes back to now.

I will try further!

Thanks Pakage and Shahim, for your reply and for your work.

Bye

[uszaty43]

Silence before the storm

[hashforce101]

March 2015 is diffently the month of the NavajoCoin. We have seen rapid growth in the past for weeks and its time we bring the excitement back to this thread like the good old days. Is it the calm before the storm. Do you also ms the FUD like me.

The talk about price. Why cant we reach $2.15 USD in the short term for NavajoCoin Anon +  Double Encryption per coin . Is the Anon tech less then others or does it give more.

Is the price being held down by a few traders as they want to buy more at a cheap price  or are there other factors?

We all know the market will move with an annoucment so the question is how much is the tech worth?

The question is do crytpo currecy's trade on how you feel or does the tech sell . These are the questions we could talk about.

Also what is your rage at the moment with NavajoCoin or what makes you fell good about it.

I think we have the worlds best coders on the team with obvious talents for innovation and striving for excellance.

Do we have the money to sell this product ? Or the best marketers . Would a professional markerter make a difference and what is the cost.

Is hashforce101 doing enough, so close to full product release?

[hashmaster1]

The big day is almost here, March 1 is in few day's Anonymous Technology  it's the future ...........T he Navajo coin will b number1....... :

[hashmaster1]

March 2015 is diffently the month of the NavajoCoin. We have seen rapid growth in the past for weeks and its time we bring the excitement back to this thread like the good old days. Is it the calm before the storm. Do you also ms the FUD like me.

The talk about price. Why cant we reach $2.15 USD in the short term for NavajoCoin Anon +  Double Encryption per coin . Is the Anon tech less then others or does it give more.

Is the price being held down by a few traders as they want to buy more at a cheap price  or are there other factors?

We all know the market will move with an annoucment so the question is how much is the tech worth?

The question is do crytpo currecy's trade on how you feel or does the tech sell . These are the questions we could talk about.

Also what is your rage at the moment with NavajoCoin or what makes you fell good about it.

I think we have the worlds best coders on the team with obvious talents for innovation and striving for excellance.

Do we have the money to sell this product ? Or the best marketers . Would a professional markerter make a difference and what is the cost.

Is hashforce101 doing enough, so close to full product release?

Hashforce101 you have  done a great job of  promoting  the Navajo coin    +100000

[hashforce101]

I have not done enough. I feel I have let everyone down.

This buy wall is our biggest problem as if we buy everything from the sell wall and ALL the coins are gone. When someone sells to the buy wall then this is our last value. Regardless of how good the tech is or how good the tech is and development team is .This is our major problem I think. I don’t know how this will be solved I am only 1 person.

Also marketing I should have focused more on it so close to March now. I think I have relied to much on the Development team on this part. I think we need to do much better in this area. All resources are on developing and getting the technology out.

As a community we have to work together on this. Maybe at the end of the day it would have been good to have pre-mine or a fund for marketing. There is no next time for NavajoCoin this is our major release.

Anyway I don’t feel good right now at all and I should be excited.

Before we use to have Sum2Dev Strugg , Soopy , Greedyjohn , all on the forum . Days go past. Anyway I ms the good old days for me money means nothing. Community spirit is the most important and achieving is the greatest feeling.

Once the tech is ready we should put it aside get the NavajoCoin Development team together with the NavajoCoin community and sell it to the world first.

[monkeygang]

I blew up the twitter with over 3000 new followers. Still havnt made a single tweet. And I repeatedly asked whos in charge of it. Hashforce you are the man! dont get me wrong. But I think were dropping the ball big time on buzz..

even if the people that see it arent involved in bitcoin, at least it spreads the word, and if they hear about cryptos for the first time and its navajo its better for us.

the dev team responsible for the backend but I think community could do more for advertising. Gotta pick up the pace and maybe get alittle more serious about what we are doing. If the tech is there, then there is no reason for doubt. We got the juice, lets just take it there!!

Everybody strap on their big boy pants, we going for a ride..

[monkeygang]

ANd to reiterate HASHFORCE you are the muttrfkkn man!!

[paycum]

dont worry hashforce, rome wasnt build in a day. first of march isnt that important...better slowly up then a spike followed by a dump.

there where a lot of hyped coins the last months so lots of btc went to those...you cant expect the whole cryptoworld invest in nav

there are currently still people selling which means nav will not go to the moon yet....this only happens when people start buying big...if there are more buyers then seller it goes up, easy as that....offcourse anything can turn around in a second in cryptoworld...

you see a lot of shitcoins who get pumped for a few days and then dumped. id rather see nav going stable so long term investors will see its a safe investment...

you cant force a hype...if it comes it comes if not then not....but we have a big community now...if everybody buys 1btc then its to the moon in a second....but keep in mind everybody has his own reasons..some just want profit and cash out when they have it, others want to see the moon first and so on...its not something you can do anything about...so dont worry to much about it...you have done more then enough!