LiteBit
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Activity: 1133
Merit: 1050
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March 25, 2015, 01:28:55 PM |
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.... it's NOT just a mixer with masternodes....
He's right. It's a mixer with a single centralized master node The price has the new tech priced in already. The next hurdle is how they'll allow folks like me and you to run the "magic" gateways too. I want some of that .5% fee man! |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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shahim
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Activity: 1082
Merit: 1002
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March 25, 2015, 01:34:31 PM |
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.... it's NOT just a mixer with masternodes....
He's right. It's a mixer with a single centralized master node The price has the new tech priced in already. The next hurdle is how they'll allow folks like me and you to run the "magic" gateways too. I want some of that .5% fee man! Hi, Just to clear something what is seen wrong. The api is not a node or mixer whatever. I will try to explain in short words. The wallet asks the api about which node to the subchain is available and choose random out of possibilities. The api returns that node and it's public key to encrypt the destination address. The wallet sends the transaction to the chosen node and the transaction details enter the subchain where there again an exit point in this subchain is chosen And where the transaction is send to. There it gets decrypted and enters the navajo network again sending to the final receiver. That process uses double encryption over the subchain and is not traceable. This is exactly what has been implemented and an API based technology is used only to select a specific node from which the Navajo Transaction is Channel through rest of the processes happen directly within the subchains and rest of the NavajoCoin Network , which you can clearly see and clear your doubts on the whitepaper. Regards Shahim |
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gnargnar
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Activity: 1111
Merit: 1000
crypto-enthusiast since 2012
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March 25, 2015, 01:37:11 PM |
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.... it's NOT just a mixer with masternodes....
He's right. It's a mixer with a single centralized master node The price has the new tech priced in already. The next hurdle is how they'll allow folks like me and you to run the "magic" gateways too. I want some of that .5% fee man! Hi LiteBit  welcome here man! I see your signature, but no thanks. feel free to post around but don't make a fool of your hero member status by speaking non-sense like you just did above  Let the FUD begin.... |
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gorian
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March 25, 2015, 01:38:55 PM |
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Oh, here we go again! Questions, questions, questions...
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david1365
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Activity: 994
Merit: 1000
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March 25, 2015, 01:41:52 PM |
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ninjaboon
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Activity: 2114
Merit: 1002
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March 25, 2015, 01:47:23 PM |
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UPDATE: 1. Pinged the Coingecko guys. - 7 Mar 2015 2. Pinged the owner of bx.in.th - 8 Mar 2015 3. Pinged two of my Coindesk contacts - 8 Mar 2015 4. Pinged the owner of Urdubit and paybill.io - 8 Mar 2015 5. Alcurex - Pinged 7 Mar 2015. NAV added. 6. I have sent an email to shapeshift.io today ; mail@shapeshift.io ; https://shapeshift.io/contact.htmlMuch Appreciated - Send NAV to my tip jar:
sZjpHEyPgrJXeg1BkKcCWStND4H3ikigPu
UPDATE: 1. Pinged the Coingecko guys. - 7 Mar 2015 2. Pinged the owner of bx.in.th - 8 Mar 2015 3. Pinged two of my Coindesk contacts - 8 Mar 2015 4. Pinged the owner of Urdubit and paybill.io - 8 Mar 2015 5. Alcurex - Pinged 7 Mar 2015. NAV added to the exchange. 6. I have sent an email to shapeshift.io today ; mail@shapeshift.io ; https://shapeshift.io/contact.html7. Talon, the editor posted http://bitcoinist.net/navajo-coin-goes-anonymous/ (21 Marc 2015) 8. 25 Mar 2015 - dropping an email to a Hong Kong exchange contact person. Much Appreciated - Send NAV to my tip jar:
sZjpHEyPgrJXeg1BkKcCWStND4H3ikigPu
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niki25
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Activity: 1036
Merit: 1000
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March 25, 2015, 01:52:42 PM |
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Don't pay attention to the FUD
Truth is everyone is reading news about Navajo double encryption and fully anon. Everyone is testing it and finding 100% positive results.
Either they want to get in Navajo and buy cheap or afraid of investor getting away from Drk and Xmr and Sdc and invest in Navajo...
Please hold your coins
Don't sell a single coin under 100k per Nav
Nav is rising and other coins are scared of it...
Its raising, but make your own calcs, 100k sat per nav, 12 million marketcap, pretty impossible right now yes, maybe you are right that 100k is too much. i agree. but NAV should have its floor at 6k.... not at 3k like now. That coin is so fcking cheap right now lol  stop selling for a 5% profit.... let it raise up to where the new natural floor should be : 6k satoshis... minimum. remember how drk took a whole week to see that major increase in value re-read what pakage said about what is Navajo anon .... it's NOT just a mixer with masternodes.... .... it's NOT just a mixer with masternodes.... new floor should be a 6k happy buying  Yes, and with time no one knows, what can be the stable price, but at moment, steady rise is better than p&d. Maybe 100k is possible, but it will take time. |
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hashforce101
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Activity: 1050
Merit: 1000
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March 25, 2015, 02:00:49 PM |
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We are in the process of recruiting some really awesome PR people and we have a great strategy which will unfold over the coming days/weeks. Hold tight people. Buy support is strong. The bulls have this.
BUMP -Hashforce101- |
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david1365
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Activity: 994
Merit: 1000
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March 25, 2015, 02:08:26 PM |
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LiteBit
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Activity: 1133
Merit: 1050
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March 25, 2015, 02:27:08 PM |
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.... it's NOT just a mixer with masternodes....
He's right. It's a mixer with a single centralized master node The price has the new tech priced in already. The next hurdle is how they'll allow folks like me and you to run the "magic" gateways too. I want some of that .5% fee man! Hi LiteBit welcome here man! I see your signature, but no thanks. feel free to post around but don't make a fool of your hero member status by speaking non-sense like you just did above Let the FUD begin.... Well I hold over 0.75% of NAV total supply so call it what you will. I call it support. |
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gnargnar
Legendary
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Activity: 1111
Merit: 1000
crypto-enthusiast since 2012
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March 25, 2015, 02:44:03 PM |
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.... it's NOT just a mixer with masternodes....
He's right. It's a mixer with a single centralized master node The price has the new tech priced in already. The next hurdle is how they'll allow folks like me and you to run the "magic" gateways too. I want some of that .5% fee man! Hi LiteBit welcome here man! I see your signature, but no thanks. feel free to post around but don't make a fool of your hero member status by speaking non-sense like you just did above Let the FUD begin.... Well I hold over 0.75% of NAV total supply so call it what you will. I call it support. welll, sorry if i minsunderstood your post, i thought you made some irony.
He's right. It's a mixer with a single centralized master node The price has the new tech priced in already. The next hurdle is how they'll allow folks like me and you to run the "magic" gateways too. I want some of that .5% fee man!
Hi, Just to clear something what is seen wrong. The api is not a node or mixer whatever. I will try to explain in short words. The wallet asks the api about which node to the subchain is available and choose random out of possibilities. The api returns that node and it's public key to encrypt the destination address. The wallet sends the transaction to the chosen node and the transaction details enter the subchain where there again an exit point in this subchain is chosen And where the transaction is send to. There it gets decrypted and enters the navajo network again sending to the final receiver. That process uses double encryption over the subchain and is not traceable. This is exactly what has been implemented and an API based technology is used only to select a specific node from which the Navajo Transaction is Channel through rest of the processes happen directly within the subchains and rest of the NavajoCoin Network , which you can clearly see and clear your doubts on the whitepaper. Regards Shahim
Anonymous Network Decentralisation
One of the next major steps for Navajocoin is to decentralise the anonymous nodes so that anyone running a webserver can install it and process Anonymous transactions. Make no mistake, the current system runs off the Navajo Subchain which is built using decentralised blockchain technology. However there are obvious concerns in publishing the node technology due to the risk of someone altering the code maliciously. We are currently investigating options on how to approach this so we can truly decentralise the node system.
Yep, we've had a few discussions on how to do this already. Probably the best idea so far is to port the processing scripts to a language which can be compiled. Something like Node.JS or Java would do nicely. Then before a wallet sends a transaction to a particular node, it would run a checksum against the compiled file and compare the result against a masternode's checksum. Then if they both match, it means that the files have been unaltered and it is safe to send the transaction to that node for processing. Until we can guarantee a method which is unbreakable and unalterable, we can't distribute the processing code. It is high on our agenda though. For now, we have a setup multiple nodes across multiple web hosts of which one is chosen at random. So it is somewhat decentralised already, even if not publicly.
The Navajo Anonymous Network does NOT rely on a centralised database to store transaction values and addresses.
It is NOT simply a coin mixer with master nodes.
So even if the system were to get wiped out, we could set it back up by simply restoring the subchain wallet and the script, then the wallet would re-sync and start processing any pending transactions again since the data is decentralised on the block chain and not stored in a database.
I hope everyone has taken the time to read the whitepaper, even if it is reasonably technical and boring. |
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trafficolaa
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Activity: 1008
Merit: 1000
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March 25, 2015, 02:50:38 PM |
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NAV is best Double Encrypted Anon and it has world first 100% Anon technology, soon we will see great price level for NAV, will go above to $1 each.
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hashforce101
Legendary
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Activity: 1050
Merit: 1000
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March 25, 2015, 02:51:00 PM |
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PR Blitz has been Announced by the Navajocoin Development Team |
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racer2012
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March 25, 2015, 03:55:09 PM |
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NAV is best Double Encrypted Anon and it has world first 100% Anon technology, soon we will see great price level for NAV, will go above to $1 each.
It will in few months Lets keep holding |
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shahim
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Activity: 1082
Merit: 1002
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March 25, 2015, 04:00:46 PM |
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Sorry for offtopic, but can someone tell me how can i sell my photos in bitcoin or navajo?
Is there any website?
There are plenty of merchant tools online to sell in bitcoin - coinbase, bitpay, etc. Have not seen one for NAV yet. we are in progress of voting NAV to coinbase! WOW!! No! I was wrong! Sorry my fault. |
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LiteBit
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Activity: 1133
Merit: 1050
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March 25, 2015, 04:09:55 PM |
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.... it's NOT just a mixer with masternodes....
He's right. It's a mixer with a single centralized master node The price has the new tech priced in already. The next hurdle is how they'll allow folks like me and you to run the "magic" gateways too. I want some of that .5% fee man! Hi, Just to clear something what is seen wrong. The api is not a node or mixer whatever. I will try to explain in short words. The wallet asks the api about which node to the subchain is available and choose random out of possibilities. The api returns that node and it's public key to encrypt the destination address. The wallet sends the transaction to the chosen node and the transaction details enter the subchain where there again an exit point in this subchain is chosen And where the transaction is send to. There it gets decrypted and enters the navajo network again sending to the final receiver. That process uses double encryption over the subchain and is not traceable. This is exactly what has been implemented and an API based technology is used only to select a specific node from which the Navajo Transaction is Channel through rest of the processes happen directly within the subchains and rest of the NavajoCoin Network , which you can clearly see and clear your doubts on the whitepaper. Regards Shahim Sorry, yes you're right I chose the wrong descriptors. When I say centralized I mean controlled by 1 entity, meaning the Navajo Foundation. I should have said centralized gateway instead of node. Meaning there is only 1 place to get on the on ramp to the magic gateway. There are multiple nodes (possibly 12 or so?) based on how many servers the foundation has set up? [speculation] Once the rest of us can open gateways (and collect a fee) then it will, of course, be decentralized. Looking forward to updates to that end. |
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Strugg
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Activity: 882
Merit: 1000
NAV Coin [NAV]
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March 25, 2015, 04:18:38 PM |
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juguelio
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March 25, 2015, 04:31:22 PM |
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The gospel is been shared! +1 Lucas! |
| █ | ████████████████████████████████████
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████████████████████████████████
██████████████████████████████████
████████████████████████████████████ | █ |
NAV COIN ▪ ANONYMOUS SUBCHAIN TRANSACTIONS ▪ NAVCOIN.ORG ▪ BITCOINTALK.ORG |
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DARKHOLDER
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March 25, 2015, 05:37:30 PM |
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Calm before the STORM!!!  |
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hashmaster1
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March 25, 2015, 05:46:19 PM |
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Yes and there will b a big storm Navajo just need a bit of time for people to realize that this is the coin of the future and it here with anon there is no limit what this coin can do .......................The future of crypt o coin is here and that NAVAJO COIN get your today .......
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