Hi Guys, here's the latest news from the Nav Coin Development team.
Manual Coin SwapThe manual coin swap seems to be running without issue. We have not received any complaints of lost coins or anything of that nature which is always good news. The swap wallet now contains almost 50 Million coins which means that an extra 2 Million coins have been swapped through the system. We hope this number will continue to rise as more people hear about the coin swap and take part. We want everyone who has legitimate claims to coins to get theirs back and only Cryptsy and other fraudulent exchanges to be blocked by our coin swap. There are around 500,000 old Nav coins still in sell orders on Poloniex and who knows how many in their Nav wallets. If anyone has any ideas on how to communicate with the Poloniex users and get them to withdraw and participate in the swap, please let me know. I have posted the news to /r/poloniex wtih limited success.
DecentralisationI have started to port over my decentralisation work to the new code base. The good news is that it is compatible with the new wallet so we have not taken any step backwards here. Another win is that most of the necessary scripts for the decentralised API implementation in the send coins dialog have already been applied to this new code base before we put out the initial release of the new wallet. Additionally, the coin swapper system I wrote in NodeJS is going to be the base I use to re-write the anonymous sending scripts ready for decentralisation which means we have taken a lot of steps forward on that part of the project.
The new branch for my work can be followed here:
https://github.com/navcoindev/navcoin2/commits/NAV%23001-decentralisationWith the latest commit being this one:
https://github.com/navcoindev/navcoin2/commit/d304861fd4eadec4c6bf68044e91116bc6b6817fI will continue to work on this and post my weekly updates as I previously did before the coin swap occurred.
Web & Mobile WalletShahim is making some great progress with the Web and Mobile wallets behind the scenes. We have been in communication with a team who are specialising in POS web wallets and we are currently working with them to see what they can bring to NAV Coin and how we can speed up our development of our Web and Mobile wallets by using their products and features. I'm sure Shahim will have more to report on that as things unfold over the coming days.
PoloniexWe have been in communication with Poloniex about our coin swap since the weeks leading up to June 1. We are having some minor issues with them accepting the new coin onto their exchange. We are confident they will accept the new coin but we need to work with them so they are sure our coin swap complies with their terms and conditions. I have been trying to contact them again over the last few days to resolve this issue but as you could imagine they are probably quite busy considering the DAO Hack they are dealing with. We will continue to work with them to resolve this issue as quickly as possible and let you know any news as soon as we receive it. For now, the Poloniex market is open for withdraw of all NAV 1.0 and users can then swap it using our coin swap feature for NAV 2.0 in preparation for the opening of their NAV 2.0 market.
MarketingWe were successfully published in a number of online publications in the lead up to the coin swap. We are still working at distributing a second article around the web to inform people of the manual swap process and raise Nav Coin's profile. Currently our article is sitting with CoinDesk for approval as well as other publications and we hope they will be released in the coming days.
I have also been working closely with Sophia since the coin swap and she is in the process of putting together some overall marketing strategy documents which we will use as a framework for our marketing campaign to promote the new features of Nav Coin as we make our progress through our road map.
Forum SignatureI've put together this forum signature that people can use. It's pretty basic but does the job:
█ | ████████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ████████████████████████████████████ | █ | NAV COIN ▪ ANONYMOUS SUBCHAIN TRANSACTIONS ▪ NAVCOIN.ORG ▪ BITCOINTALK.ORG |
Feel free to copy and paste it into your profile!
Other NewsAs always, we are forever trying to think of new ways to make Nav Coin great again. We have been brainstorming a few good ideas we have for the road map and look forward to sharing them with you soon.
Yours in never ending dedication,
Craig.