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

[pakage]

So,ah... 50% of coins are in 10 wallets while 93% of coins are in 100 wallets? Lol..I'll pass.

Do you have a link? Is this true?

It's public information in the block explorer:

https://chainz.cryptoid.info/nav/#!rich

I think he's talking about the Wealth Distribution chart on the right.

Considering today's 24 hour volume is over 50% of the total market cap I am not surprised by this at all. A huge amount of NAV must be sitting in the exchange wallets which often get grouped together.

Sure it doesn't have the spread of some of the bigger coins, but we'll get there, don't fret.

[1715271632]

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[1715271632]

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[1715271632]

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[Josef27]

So,ah... 50% of coins are in 10 wallets while 93% of coins are in 100 wallets? Lol..I'll pass.

Do you have a link? Is this true?

It's public information in the block explorer:

https://chainz.cryptoid.info/nav/#!rich

I think he's talking about the Wealth Distribution chart on the right.

Considering today's 24 hour volume is over 50% of the total market cap I am not surprised by this at all. A huge amount of NAV must be sitting in the exchange wallets which often get grouped together.

Sure it doesn't have the spread of some of the bigger coins, but we'll get there, don't fret.

NAV 2 million market cap vs SDC 12 million? Why is Nav so much undervalued than SDC?   If SDC reaches half of Monero market cap then that put's it in the 100 mil range. So Nav could be worth at least 60-100 mil as well.  If Monero does what I think it will do 500 mil to 1 bil market cap which is like 9-17 % of BTC's market cap. Then you can see where all this is going. Stock up on SDC/NAV.

 Dark markets whisper NAV/SDC as contenders? Who know's but they are def in play.

[hashforce101]

NavCoin  - The Unbeakable Code

https://mobile.twitter.com/HaShForce101/status/772975468387590144

Tweet Sent! Be Proud  

Congrats on Touching 10K

just missed the screenshot LOL ...Sry

[djank]

i wonder if NAV accepted in dark market how much the price will be :O

[Jerry S]

wow 10k passed? what is the news actually?

[dranster]

Heading back to 3k


Gonna dump my bags

[myriadforce]

Some dude posted this at Polo, any answers?
 
"NAV uses double encryption scheme, which means you have to trust the people who set the scheme up, a common problem for anonymous decentral systems"

[Waldozaur12]

10K before updates ..

[hashforce101]

got it!

[myriadforce]

Need invite to NAV Slack - any link?

[soopy452000]

Need invite to NAV Slack - any link?

Hi Myriad Force,

A member from community relations team will contact you soon.

Warm Regards,
~SoopY~

[juguelio]

got it!

[soopy452000]

Some dude posted this at Polo, any answers?
 
"NAV uses double encryption scheme, which means you have to trust the people who set the scheme up, a common problem for anonymous decentral systems"

Dear Myriadforce,

Please be kind to go through our white paper and implemented protocols as well as do use it and feel how it works , as answering your question NAV uses 2 methods of encryption , one being end to end encryption of the transaction information as well as blockchain level cryptographic functions and encryption , transaction information encrypted is protected by individual keys and are not a scheme set up by or controlled by a single party therefore is decentralized.

Please do let us know if you would need further clarifications.

Warm Regards,
~SoopY~

[flying_triangle]

Need invite to NAV Slack - any link?

Messaged

[johnnywoo2015]

Hi guys
Can we reach to 20k today? What do you think?

[xxx3]

Hi guys
Can we reach to 20k today? What do you think?

damn,I have been selling cheap and now have to buy more expensive again

[johnnywoo2015]

Hi guys
Can we reach to 20k today? What do you think?

damn, I have been selling cheap and now have to buy more expensive again

Same here, bought at 10k

[hashforce101]

Hi Nav Coiners

It’s Monday here in New Zealand, which means it’s time for the weekly update!

I’ve had a very busy week optimising the new anonymous scripts (I was up till 3am last night!!!). I have successfully completed all the improvements which I was hoping to get done before tidying up for deployment to the live environments.

I should have the clean up done by tonight or tomorrow, then over the next few days myself and Shahim will begin to roll the new system out to the anonymous network and begin our testing on the live environments. We aim to have our testing completed by the end of this week. If no major issues are encountered we hope to relaunch the Anon network to the public next week. We will of course keep you updated and aware of any changes to this schedule if delays are incurred by our testing results.

A lot of what has been optimised is in preparation for the impending decentralisation and as such, some of the improvements are quite technical, but actually pretty neat. I will be detailing what’s changed and how everything works in a new whitepaper which describes how the new anonymous network functions as well as the plan for implementing decentralisation. My goal is to have these ready for release around the same time as we re-launch the anon network. How much time i get to spend on this documentation over the next 10 days will be largely dependent on how smooth the live deployment and testing goes.

Everything is looking good though. I am confident in this system and I think it makes decentralisation not just a possibility but well within our grasp.

Mark and Sophia have been busy writing a few articles over the weekend. The first one we are releasing is an education piece about how our anonymous system works and largely comes off the back of what I have posted here about it recently. This should give the wider public some understanding of how cool our technology really is and also spread awareness about the upcoming relaunch of the anonymous network.

Soopy and Shahim have been busy finishing the thin client for desktop. They have successfully compiled a near finished version of the thin client which runs using the electrum server instead of having to download the whole blockchain. This will allow anyone who has trouble syncing the blockchain an option to forego the hassle and just use this wallet instead. We are planning to release this wallet later this week if no issues come up in our user testing. Keep your eyes peeled for the announcement with the feature list and wallet download.

After being on the shelf for a while as we focused on more pressing projects, we are also in the process of finishing off the web wallet. This also runs off the electrum server but only requires your web browser to run. We have been pretty close to finishing this for some time with most of the work coming piggy backing on the electrum server / android wallet release. We will keep you posted in regards to release schedules for this also.

That’s about it for the update. We have a lot of content and releases planned for the next couple of weeks, so hold on to your hats and enjoy the ride!

Talk soon,
Craig.

Thanks to the entire Team for your Dedication to the FULL project - Hats off
"decentralisation not just a possibility but well within our grasp."

[lookoutnoob]

Could anyone contact me for the Slack link? Thanks in advance 

[olcaytu2005]

Hi guys
Can we reach to 20k today? What do you think?

damn,I have been selling cheap and now have to buy more expensive again

Be careful, right now the pump looks like a spike and it seems to me that whales are trying to push buy orders so they can dump. Don't buy with that money you can't afford to lose.