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Topic: ★[ANN] [NAV] NAV COIN - Community Fund Live!!! - page 203. (Read 2085654 times)

newbie
Activity: 42
Merit: 0
NAV team...please create a Wikipedia page for NAV....

https://en.m.wikipedia.org/wiki/List_of_cryptocurrencies
hero member
Activity: 644
Merit: 501
Because you will probably support NAV in a way you already described in your posts Wink
No, it has nothing to do with that. The NAV team should just be open and transparent about their developments. If they deliver, sooner or later this wil be reflected in the NAV price. The team should not be worried about shortterm price drops by some market manipulators.
hero member
Activity: 829
Merit: 1000
I need huge amount cash to buy "house" with my girlfiend to end of my life.
Cheesy

I say just wait and do not give a date at all and just surprise everyone when Decentralization goes live. As many already know, it seems lately that every time NAV completes a project and gives kick-ass news, suddenly the NAV market reacts adversely. So we now know the target is around Christmas time-ish and if all goes well, we will all be surprised to wake up and see Decentralization in full affect around that time period. I don't know, just putting a thought out there. Peace.
Why not ? The team is doing great. They should only care about their project and be transparent about it, not look at what markets might or might not do.

Because you will probably support NAV in a way you already described in your posts Wink
hero member
Activity: 644
Merit: 501
I need huge amount cash to buy "house" with my girlfiend to end of my life.
Cheesy

I say just wait and do not give a date at all and just surprise everyone when Decentralization goes live. As many already know, it seems lately that every time NAV completes a project and gives kick-ass news, suddenly the NAV market reacts adversely. So we now know the target is around Christmas time-ish and if all goes well, we will all be surprised to wake up and see Decentralization in full affect around that time period. I don't know, just putting a thought out there. Peace.
Why not ? The team is doing great. They should only care about their project and be transparent about it, not look at what markets might or might not do.
full member
Activity: 340
Merit: 122
cool
~ 2 months and then decentralization
thanks dev

We are hoping to have decentralisation finished this side of Christmas. But as always, we will simply keep you informed with our progress and announce the real launch date when we are able to say it with confidence.

Thank You.
I need huge amount cash to buy "house" with my girlfiend to end of my life.
bad english sry.

I say just wait and do not give a date at all and just surprise everyone when Decentralization goes live. As many already know, it seems lately that every time NAV completes a project and gives kick-ass news, suddenly the NAV market reacts adversely. So we now know the target is around Christmas time-ish and if all goes well, we will all be surprised to wake up and see Decentralization in full affect around that time period. I don't know, just putting a thought out there. Peace.
hero member
Activity: 882
Merit: 500
cool
~ 2 months and then decentralization
thanks dev

We are hoping to have decentralisation finished this side of Christmas. But as always, we will simply keep you informed with our progress and announce the real launch date when we are able to say it with confidence.

Thank You.
I need huge amount cash to buy "house" with my girlfiend to end of my life.
bad english sry.
hero member
Activity: 794
Merit: 510
NavCoin Founder
cool
~ 2 months and then decentralization
thanks dev

We are hoping to have decentralisation finished this side of Christmas. But as always, we will simply keep you informed with our progress and announce the real launch date when we are able to say it with confidence.
newbie
Activity: 31
Merit: 0
How often should one backup their wallet?  Is it enough to do it once after encrypting with new password?

For the full node wallet, you need to back it up after encrypting it and again after adding any new addresses. It is not necessary to back it up after every transaction, just whenever you generate a new address is enough.

For the mobile and thin clients, you should be able to retrieve all balances by using your 12 word seed phrase, so there is no need to back anything up apart from the phrase.

Cheers,
Craig.

Hi @pakage!
do i need to backup my privkeys? how can i do that?

even if it isnt needed, is it possible(backup privkeys)?

You can extract the privkeys from the wallet.dat, but usually you dont need to do that. Just save the wallet.dat or the seed phrase.
sr. member
Activity: 350
Merit: 250
How often should one backup their wallet?  Is it enough to do it once after encrypting with new password?

For the full node wallet, you need to back it up after encrypting it and again after adding any new addresses. It is not necessary to back it up after every transaction, just whenever you generate a new address is enough.

For the mobile and thin clients, you should be able to retrieve all balances by using your 12 word seed phrase, so there is no need to back anything up apart from the phrase.

Cheers,
Craig.

Hi @pakage!
do i need to backup my privkeys? how can i do that?

even if it isnt needed, is it possible(backup privkeys)?
legendary
Activity: 2165
Merit: 1002
Can someone access your coins if they have the address(es) and your password to your wallet? Or would they need the wallet .day file?

No they need the private keys (or the wallet.dat)

You don't even need a password
newbie
Activity: 28
Merit: 0
Can someone access your coins if they have the address(es) and your password to your wallet? Or would they need the wallet .day file?
hero member
Activity: 829
Merit: 1000
what do we have since the beginning of trading on kraken? this will add NAV to the reliability and more convenience for NAV tech
thx

Haha. You are just as confused as I was when I started to read hear about the kraken  Grin

A Kraken is a legendary sea monster. When referred to the kraken, they (hashforce101 usually) mean a big thing happening. The release of the kraken is meant as in: "something big is being released".

aka HYPE  Wink
sr. member
Activity: 281
Merit: 250
what do we have since the beginning of trading on kraken? this will add NAV to the reliability and more convenience for NAV tech
thx

Haha. You are just as confused as I was when I started to read hear about the kraken  Grin

A Kraken is a legendary sea monster. When referred to the kraken, they (hashforce101 usually) mean a big thing happening. The release of the kraken is meant as in: "something big is being released".
sr. member
Activity: 281
Merit: 250
Which block size has nav?
1MB like bitcoin or more?


From a recent press release:
Quote
In addition to the optional anonymous transaction service, Nav Coin’s biggest strength is it’s super fast network speed. It’s no secret that Bitcoin has an average transaction time of 10 minutes, with transactions over heavy periods taking much longer. With a block time of 30 seconds combined and a scalable block size of up to 20MB, the Nav Coin network is able to handle 1300 transactions per second.


Bitcoin has a maximum of 3-7 transactions a second due to the block time of 10 minutes and block size of 1MB.....
newbie
Activity: 31
Merit: 0
Which block size has nav?
1MB like bitcoin or more?
hero member
Activity: 644
Merit: 501
what do we have since the beginning of trading on kraken? this will add NAV to the reliability and more convenience for NAV tech
thx
Haha. You are just as confused as I was when I started to read hear about the kraken  Grin
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
what do we have since the beginning of trading on kraken? this will add NAV to the reliability and more convenience for NAV tech
thx
newbie
Activity: 24
Merit: 0
Great stuff Craig!

Just to add to that, we've already had an offer from one of the Slack members who would like to accept Nav Coin as a payment method for his web hosting service.

I also heard a rumor that there may be an official Nav Coin store with Merchandise in the works  Shocked

With the merchant gateway ready and decentralization just around the corner, it's exciting times ahead for Nav!

Thanks for the support guys!
hero member
Activity: 794
Merit: 510
NavCoin Founder
Hi Nav Coiners!

It’s time to resume our weekly update schedule. It’s been a pretty crazy week after all the excitement of the Navtech anon launch. I can confirm that the public system has been live for nearly a full week now and we have not had a single error nor experienced any server downtime.

Everything is looking good.

I’d like to give a special thanks to everyone who was involved in the beta test. You all helped to uncover those last few bugs which would have faulted the currently perfect public launch and I thank you all for your invaluable service.

Navtech Decentralisation Whitepaper

I have continued straight on to writing the Navtech Decentralisation Whitepaper. Most of the technical details of how the system works are covered in the existing Navtech Whitepaper. On a systems level it will operate almost exactly how the current service works. This whitepaper is more about how we ensure individuals are able to run their own Navtech systems without compromising the integrity or security of the wider network. I am hoping to finish writing the whitepaper this week and will publish it as soon as it’s ready.

After the whitepaper is published I will begin to write the final pieces of the code required for decentralisation and continue to refine and test the existing code. When the code is ready to ship we will partner with one or more interested network operators who want to be the first people to set up their own functioning Navtech Server Cluster and set them up as the beta open source decentralisers. Following that will be the full public open sourcing of the Navtech system and Subchain.

Coin Payments Merchant Gateway

We are very pleased to announce that we have been added to http://coinpayments.net. I can confirm their service is all up and running. I have set up a merchant account with them and have used the simple Point of Sale interface to receive a Nav Coin payment and then successfully withdrew it from their system.

This saves us a lot of the work involved in cloning Bitpay for ourselves. We will continue to support this service so feel free to suggest it as a Nav Coin payment integration for any online and real world merchant or service provider whom you are in contact with.

We are working towards a few exciting things in the merchant area which we will reveal as more details become available. Full steam ahead!

That is about it from me for this week. I have been taking a few days off to recover from the exhausting work that was the Navtech anon release.

We still continue to work towards the other things on our roadmap so stay tuned!

Talk soon,
Craig.


full member
Activity: 275
Merit: 100
pliss cek pm sir thanks
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