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Topic: ★[ANN] [NAV] NAV COIN - Community Fund Live!!! - page 127. (Read 2085654 times)

member
Activity: 81
Merit: 10
How many coins total ?
member
Activity: 72
Merit: 10
great news,, price up now,,
legendary
Activity: 1050
Merit: 1000
Looking good on Polo
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Where is soopy these days?
sr. member
Activity: 356
Merit: 251
Official account of NAV Development Team
Nav Coin 4.0.2 SegWit Voting and Surprise Release




Earlier in the week we announced that SegWit signalling would begin for Nav Coin on 1 May 2017. If you’re unsure what Segregated Witness is all about, the bottom line of implementing SegWit for Nav Coin is that it will make our block structure more flexible. This in turn allows us greater freedom for our next generation NAVTech 2.0 Multichain Wallet and the possibility to implementing more powerful smart contracts into Nav Coin and our Subchain.

There are other technical benefits such as smaller transactions sizes and a raft of other things that will impact Nav Coin less profoundly which can be read about here:

https://bitcoincore.org/en/2016/01/26/segwit-benefits

Today we are delivering Nav Coin Core 4.0.2 which enables users vote for the activation of Segregated Witness on the network. This will be the worlds first SegWit activation decided by proof of stake users.

When you start version 4.0.2 of the Nav Coin Core wallet, it will show a status line on the Staking section of the overview page indicating the signalling start date. Once this date is reached (12am 1st May), you will be prompted to cast your vote for or against activating SegWit. If you wish to alter your vote in the future you are able to do so from the options menu.

If you’re running the NavPi or other command line installs, you will also need to update and you can set the vote paramter from the navcoin.conf file.

votewitness=1 (to vote YES)
votewitness=0 (to vote NO)

NavPis can be easily updated using a script. Connect through SSH to your device and type in the following command:

wget -O -- http://www.navcoin.org/files/update-navpi.sh  | bash

It is necessary to upgrade to this latest version of Nav Coin Core to cast your vote. If you run an older version, the lite wallet, or the mobile wallet, you are not able to vote.

Votes are cast by attaching a special bit to blocks which the full node wallet validates. This makes voting not a one time action, but continuous during the voting period. So if you want to vote we recommend keeping 4.0.2 wallet running and unlocked for staking for the voting period.

This vote shows the governance power of Proof of Stake coins vs. Proof of Work coins. Because individual NAV users are the ones validating blocks, the power truly is in our communities hands rather than large corporate mining companies when it comes to network decisions like this.

We ask that all users who are able, to please download the 4.0.2 wallet and signal your SegWit vote. If you’re on an old version, please update to this one.

http://navcoin.org/downloads/#nav-coin-core

As well as the release of Nav Coin Core 4.0.2 we have a surprise release up our sleeve for you today. We have just put the finishing touches on our Nav Coin Paper Wallet generator which we have been working on in secret and is now ready for public release.

The Nav Coin Paper Wallet generator is a great way to either cold store some of your NAV or also give people physical gifts of Nav Coin.

The wallet generator creates a valid public address which you can immediately send NAV and see on the block explorer. The private key is also generated and this allows the holder of the paper wallet to import the NAV sent to the public address to their own Nav Coin wallet whenever they choose.

There is also the option to BIP38 encrypt the private key with a passphrase. This is a great anti-theft measure and means that the private key isn’t directly printed on the paper, you actually need a password to reveal the private key.

There are also QR disruptor patterns on the printed design which allows you to fold the private key and seal it with anti-tamper tape. The disruptors mean that the QR is not visible through the paper even when a light is shined on it. So the only way to access the private key would be to peel off the anti-tamper tape, so you should be able to tell if your key has been physically revealed by a malicious actor.







There are full color or black and white only options so you don’t have to blow through all your printer ink and you can fit up to 4 paper wallets onto a single A4 sheet of paper.

If you encrypt the passphrase, you will need to decrypt the private key before importing it to your wallet. We have also added a menu option to import a private key to your Nav Coin Core 4.0.2 to make it easier to retrieve nav sent to these paper wallets.

There are two ways to run the paper wallet generator; as a desktop app, or in your browser.

http://navcoin.org/downloads/#paper-wallet

The browser option is available so you can inspect the javascript code and ensure with your own eyes that the code you’re running is safe and not broadcasting your private keys. The same code is also on our github account.

You can see a demo of the browser generator here:

http://paper.navcoin.org
However we recommend you download the code and run it locally and offline rather than directly from this demo site.

Either way, everything is done locally on your machine. All the html and javascript is run in your web browser (or in the application). There is no communication at all to any server. This ensures that you can do this process completely offline and in a secure environment.

If you’re paranoid about keeping the private keys safe we recommend to create the wallets on a freshly installed USB booted version of Ubuntu. Make sure you computer and your printer are offline while you’re making the paper wallets then correctly wipe or destroy the USB drive and printer before going back online or plugging into any other device.

There are many guides on how to do this for bitcoin paper wallets and the process would be the same for ours except you will use our generator of course.

We hope you like this special surprise!

Talk soon,
The Nav Coin Team
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
nice to see the natural growth of the platform, I would like to see hardness value, not volatility, steady growth of the coin, do not slow down the pace, much work still needs to be done, that people can feel the benefits and blockchain tech, and anonymity tech ( hidden data charges ) and crypto money in General
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
just 2m nav left at sale sıde ın polo

It will become rare soon once segwit wallet out. You need to stake the coin and vote. Less sell supplies drive price sky rocket up.
Best time to buy now
hero member
Activity: 1288
Merit: 645
just 2m nav left at sale sıde ın polo
hero member
Activity: 687
Merit: 500
Over 10 mill usd in Market Capitalization

#Navstone

newbie
Activity: 38
Merit: 0
Im glad I bought 5400 coins at 0.10 cent and another 5400 at 0,12 cent Cheesy
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
Looked into this when it was just below 7k Sats. Sigh.

why sigh? Now is still very low. It was 300 sat to 1k sat and 7k and now. It is still far from limit. Litecoin with 50 million supply is at USD 15 now. Pivx with  50 million is at usd 1.3. Navcoin with 60 million supply is only usd0.14. Still got plenty room to grow. 
newbie
Activity: 168
Merit: 0
Looked into this when it was just below 7k Sats. Sigh.
member
Activity: 72
Merit: 10
S excited to it,, Smiley
sr. member
Activity: 420
Merit: 250
true! only stupid persons sale nav now lol .....by the end of summer we will be on 1 usd  Smiley

i have only "wins" on crypto  Grin (ether stratis factom  zcl )   Wink
sr. member
Activity: 370
Merit: 250
Getting EXCITED for the segwit vote wallet today? Remember to transfer coins to the wallet to leave it stake while waiting. The older the coins and more coins in wallet the more voting

Excited for sure! Smiley
And i think many more!
Currently just about 2.430.422 NAV left in sell orders at Polo. Nav get's rare... just hold and stake.  Cool

full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
Getting EXCITED for the segwit vote wallet today? Remember to transfer coins to the wallet to leave it stake while waiting. The older the coins and more coins in wallet the more voting
member
Activity: 72
Merit: 10
segwit activation on May 1 will affect its price for sure,,
full member
Activity: 126
Merit: 100
Is there any online staking for NAV?

edit: Nevermind. I already found it.
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