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

[pakage]

Hi Nav Coiners!

Time for the weekly update. It's been a pretty surreal week with the Thunderclap and Anon Launch date announcement. Lots of new interest in our project and lots of effort being put in by community members all across the globe.

Global Translations

We now have forum threads in multiple languages covering a range of posts

Spanish - https://bitcointalk.org/index.php?topic=1655866.msg16638439

Dutch - https://bitcointalk.org/index.php?topic=1656770.msg16637277

Portuguese - Coming Soon

If you are fluent in a language that you think will be interested in Nav Coin and can translate our content for us, please send me a PM. We are currently offering 1000 NAV Bounty for thread translations which we have chosen and approved.

Our Announcement Thread has also been posted on icotimeline.com check it out here:  http://icotimeline.com/blog/2016/10/23/navcoin

Navtech Anon Beta

With November 1st one week away, we are closing in on the release candidate version of the anon scripts. I have just released a new version to the servers today for the beta test group and I am hopeful that this version is the one which we will release with the only addition being more unit tests.

I have successfully implemented and tested the queuing system at maximum payload. I have sent 10 x 10,000 NAV transactions within in the 2 minute processing cycle window. The server is only loaded with 50,000 NAV so it can't process the entire amount in one cycle. I expected a queue to form and for the payments to get processed in 2 cycles. This test was successful and I received all 100,000 NAV back to my wallet in the expected time frame.

I have also implemented a queue checker when your wallet requests an available incoming server. If the queue is more than 30 minutes long (eg. there is a pending transaction with 60 or more confirmations) the server will tell the wallet it is unavailable and your wallet will try the next server.

I have also done some work to refine how the outgoing servers are refilled from the incoming servers which will allow for more randomness within the cluster when it comes to choosing servers to transact with.

Navtech Anon Beta

Progress Report

Phase 1: Low value transactions with small test group on single server pair - complete

Phase 2: Medium value transactions with large test group on single server pair - complete

Phase 3: Medium value transactions with large test group on multi server cluster - complete

Phase 4: Large value transactions with large test group on multi server cluster - complete

I am confident in this current version and when the beta testers are happy I will label this as our release candidate version. I will be steadily working towards my goal for November 1, to implement as many unit tests as possible.

I will keep you all updated with the progress from the beta test group and especially if we encounter any late coming issues.

Not much else to report this week. We are at the business end of the Public Anon Release, so the whole team is working hard to pull together for November 1.

To keep up with the latest, follow us on twitter and join us on slack!

Talk soon,
Craig.

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[rapazev]

Hey guys,
i've made a portuguese translation:

https://bitcointalk.org/index.php?topic=1661207.0

[hashforce101]

Great to read the 4 phases of NAVTech have been completed. Don't underestimate this announcement Pakage. It's The weekly update the community has been Patiently waiting for. So there are no hurdles for November 1

Side message: Trust me the Whale's are now buying big
. Using every tactic possible. Hold your NAV guy's when NAVTech relaunches you are going to Value every single Coin

We will be Number 1 - 0 Doubts

[juguelio]

Hey guys,
i've made a portuguese translation:

https://bitcointalk.org/index.php?topic=1661207.0

Well done mate!!!

[bspus]

If you are fluent in a language that you think will be interested in Nav Coin and can translate our content for us, please send me a PM. We are currently offering 1000 NAV Bounty for thread translations which we have chosen and approved.

Is this for a translation of the OP or for other stuff too?

I'm a native greek speaker and I could handle the translation.

[mogrith]

With a pool of only 1000NAV you will quickly become unavailable and only random chance that the next TX will go to another of your servers. also this means only tx of 1000Nav or less could be processed. if you have already started on other TX the balance is even smaller so even more chance of being too small to get another tx.

 

any arguments?

Are you saying it will be just like staking? having big amount of navcoins in the server will allow you to handle more transactions?

Maybe a limit of navcoins for each anon server will be more healthy... For example 10000 navcoins for each anon server. Then if you have 100k you can run 10 servers.
What you think about this ?

I was now thinking about how many minimum NAV I need to run the Anon Decentralization Server.

The more you have in pool the larger the tx you can accept. The anon process checks to make sure server can process the TX. So if you have a large pool you can handle many small tx in process waiting to get NAV back and still be able to handle a new large tx.

Mean more fess for you.

I'm planning on ~100k Nav will start on a spare pc but when fees will cover it will move to a hosted VM.

no, bad idea

[juguelio]

If you are fluent in a language that you think will be interested in Nav Coin and can translate our content for us, please send me a PM. We are currently offering 1000 NAV Bounty for thread translations which we have chosen and approved.

Is this for a translation of the OP or for other stuff too?

I'm a native greek speaker and I could handle the translation.

At the end of the day it's up to you mate. @Colvano and I have been translating not only the OP but some of the announcements and the Anon cheat sheet. I'd recommend you to start with OP and then if you feel like you can help further just do it!

Everything helps here!

Salud!

I've been in Crete a few weeks ago...Lovely country you have! Best food ever!

[Arvydas77]

Side message: Trust me the Whale's are now buying big
. Using every tactic possible. Hold your NAV guy's when NAVTech relaunches you are going to Value every single Coin

We will be Number 1 - 0 Doubts

Where do you see that someone is buying big?

[hashforce101]

Side message: Trust me the Whale's are now buying big
. Using every tactic possible. Hold your NAV guy's when NAVTech relaunches you are going to Value every single Coin

We will be Number 1 - 0 Doubts

Where do you see that someone is buying big?

I watch the Richlist  

So should every one. The competition is on

[redjedievolution]

Who said a pool with 1000NAV ?

I said 10k. Ok but i got what you're trying to say.

As much balance you'll have more higher anon transactions you could get... If you have for example 250.000 coins in a wallet, you could process transfer 10k 12k 15k at the same time. and even you could process transfers of 200k for example. If you only have 10k in 20 wallets.  (10kx20 = 200k) Then you won't be able to transfer more than 10k...

Ok, interesting technology...

With a pool of only 1000NAV you will quickly become unavailable and only random chance that the next TX will go to another of your servers. also this means only tx of 1000Nav or less could be processed. if you have already started on other TX the balance is even smaller so even more chance of being too small to get another tx.

 

any arguments?

Are you saying it will be just like staking? having big amount of navcoins in the server will allow you to handle more transactions?

Maybe a limit of navcoins for each anon server will be more healthy... For example 10000 navcoins for each anon server. Then if you have 100k you can run 10 servers.
What you think about this ?

I was now thinking about how many minimum NAV I need to run the Anon Decentralization Server.

The more you have in pool the larger the tx you can accept. The anon process checks to make sure server can process the TX. So if you have a large pool you can handle many small tx in process waiting to get NAV back and still be able to handle a new large tx.

Mean more fess for you.

I'm planning on ~100k Nav will start on a spare pc but when fees will cover it will move to a hosted VM.

no, bad idea

[xtrembash]

~NAVCoin~

~Releasing The Kraken - The Unbreakable Code~

http://navcoin.org/exchanges

Only few coins have real genius dedicated team

Let's the show begins
Keep going the good job NAV TEAM

Cheers

[hashforce101]

I have noticed 3 times now when the Dev Team release good news someone dumps hard on Polo.

We can't find the reason but it does not make any sense.

So ill try to say this on behalf of most investors

You Suck!

Anyway better now than later I say. If I look for a positive

[Burninj]

I have noticed 3 times now when the Dev Team release good news someone dumps hard on Polo.

We can't find the reason but it does not make any sense.

So ill try to say this on behalf of most investors

You Suck!

Anyway better now than later I say. If I look for a positive

Buy the rumor, fade the news, sell the fact...

[Arvydas77]

I have noticed 3 times now when the Dev Team release good news someone dumps hard on Polo.

We can't find the reason but it does not make any sense.

So ill try to say this on behalf of most investors

You Suck!

Anyway better now than later I say. If I look for a positive

Not the first time in crypto from my experience. Sometimes, very strangely, after really big news and updates come out, dump happens. In the case of NAV I think it is cyclical phase of pump and dump. Some days ago pump was started, people sold out and got their profits. Do not forget that ZCash is coming. All the factors point to the volatility of price.

[hashforce101]

I have noticed 3 times now when the Dev Team release good news someone dumps hard on Polo.

We can't find the reason but it does not make any sense.

So ill try to say this on behalf of most investors

You Suck!

Anyway better now than later I say. If I look for a positive

Buy the rumor, fade the news, sell the fact...

Its sad if that's the general rule Crypto investors follow.  Real projects will never leave the ground copy and paste coins will be our legacy with a history of delisted coins as part of our memories.

We are not becoming wealthy ladies and gentlemen i

Large dumps hurt the Crypto enthusiasts community and people are just put off or join the bandwagon of in and out.

It's to late to ask the Dev Team  to stop the weekly updates. There is no surprise left like the good old days.


Lets ALL just follow . Buy the rumor, fade the news, sell the fact

Crypto trading made easy

Very disappointed

Why even bother

HaShForce101

[pakage]

Who said a pool with 1000NAV ?

I said 10k. Ok but i got what you're trying to say.

As much balance you'll have more higher anon transactions you could get... If you have for example 250.000 coins in a wallet, you could process transfer 10k 12k 15k at the same time. and even you could process transfers of 200k for example. If you only have 10k in 20 wallets.  (10kx20 = 200k) Then you won't be able to transfer more than 10k...

Ok, interesting technology...

With a pool of only 1000NAV you will quickly become unavailable and only random chance that the next TX will go to another of your servers. also this means only tx of 1000Nav or less could be processed. if you have already started on other TX the balance is even smaller so even more chance of being too small to get another tx.

 

any arguments?

Are you saying it will be just like staking? having big amount of navcoins in the server will allow you to handle more transactions?

Maybe a limit of navcoins for each anon server will be more healthy... For example 10000 navcoins for each anon server. Then if you have 100k you can run 10 servers.
What you think about this ?

I was now thinking about how many minimum NAV I need to run the Anon Decentralization Server.

The more you have in pool the larger the tx you can accept. The anon process checks to make sure server can process the TX. So if you have a large pool you can handle many small tx in process waiting to get NAV back and still be able to handle a new large tx.

Mean more fess for you.

I'm planning on ~100k Nav will start on a spare pc but when fees will cover it will move to a hosted VM.

no, bad idea

Hi guys,

While I do encourage all discussions regarding this project, its probably not worth your time speculating on the specifics of a system which we haven't released the official whitepaper for yet.

Once I explain the best solution I have been able to design for decentralization in detail, and why I've chosen that design, then we can open the floor for discussion and debate about improvements and best practices.

Cheers,
Craig.

[Diego24]

Its sad if that's the general rule Crypto investors follow.  Real projects will never leave the ground copy and paste coins will be our legacy with a history of delisted coins as part of our memories.

We are not becoming wealthy ladies and gentlemen i

Large dumps hurt the Crypto enthusiasts community and people are just put off or join the bandwagon of in and out.

It's to late to ask the Dev Team  to stop the weekly updates. There is no surprise left like the good old days.


Lets ALL just follow . Buy the rumor, fade the news, sell the fact

Crypto trading made easy

Very disappointed

Why even bother

HaShForce101

Hey Hashforce,

I understand your dissapointment but I don't agree with the way you look at it. Look where NAV came from this year. I think it is up between 800-1000 % this year. I remember when I bought my first NAV, NAV was around position 85 in coinmarketcap. Now it is around position 45. Looks like a very good jump if you ask me. Of course these short term trading whales are having a bad impact on the price. But that is only temporary. I keep having faith in NAV because I belief in its concept and I believe in the way the team is dealing with the coin. And sooner or later, over the long run, success will be the obvious result of that.

At this moment NAV is only used by investors, both short term and long term. In order for NAV te be less dependent of a whale pump, NAV needs to be actually used in a market place. Once that happens, I am sure NAV will be less dependent of whale pumps and dumps. Just have some patience. Even in the short term NAV can still go up. It is not because it is going down now, that it will not be over 10k next week. Lest just see and in the meanwhile have some faith in your investment  . NAV is not yet finished and not yet used where it was intended for. So at this moment I still see huge upward potential.  

Oh, and by the way ... don't forget bitcoin is going up too which has a negative impact on the other coins. In fact, as I am typing I see bitcoin is going up and set to possibly break its point of resistance. This of course, is not helping short term price of altcoins.

[pakage]

An update on our global translations:

Global Translations

We now have forum threads in multiple languages covering a range of posts

Spanish - https://bitcointalk.org/index.php?topic=1655866.msg16638439

Dutch - https://bitcointalk.org/index.php?topic=1656770.msg16637277

Portuguese - https://bitcointalk.org/index.php?topic=1661207.0

French - Coming Soon

Russian - Coming Soon

Greek - Coming Soon

Arabic - Coming Soon

[Diego24]

We still need a Chinese one 

[ivankoh]

I have noticed 3 times now when the Dev Team release good news someone dumps hard on Polo.

We can't find the reason but it does not make any sense.

So ill try to say this on behalf of most investors

You Suck!

Anyway better now than later I say. If I look for a positive

I wont call them investors. Investor put their coin in wallet staking and you can see them in rich list. It is just quick pump and dump thing.  Quick buy from 6k to 7k sat and dump from 9k sat to 8k and earn that 1k sat plus create more volume.  They will buy back higher price and do it at higher price.