Topic: ★[ANN] [NAV] NAV COIN - Community Fund Live!!! - page 39. (Read 2085654 times)

Is PayPal Decentralized - No

Crypto currency has a different purpose and different niche
. Away from traditional fiat . It's the Blockchain .
When you understand the Blockchain you will realize what NAV is . BUT NAV is different as well . It has a Subchain .

Layers of Privitation code and processes that fundamentally detach the sender and receiver. PayPal knows you the sender and also knows the receipent in many ways.

NAV is there to further detach the known sender and the known receipent

Instead of going to an ATM we go to an exchange .

To cut a long over 1000 pages story short

It's about Privacy away from Centralised World Banks to a Decentralized network on Home Pc's around the world.


Also Study the Navajo Code Talkers to appreciate ENCRYPTION

Thank you
HaShForce101
(now 102  )

Then why are you even in crypto? Why are you on this forum? I don't understand why this was posted in NAV forum? This is a higher level discussion and has nothing to do with NAV. Please stop spamming

Oh look 2 newbies with 5 posts having a conversation with each other about Nav.

Nothing to see here move along.

Can I suggest you sign out of your newbie accounts and sign back in with your real ones so we can see your true motives?

It looks like an extra complication of a very complicated process anyway

If we try to replace paypal, let's replace it with something easier, not something painfully complicated and complex

Are you serious ?
The video with 2 phones is just to show. You can do the same with 2 phones in 2 different countries, even one is in Europe and the other in Australia.  

As I know, NAV can disconnect and relax knowing that investment is safe? right sir? 

Most of the international markets are people who are not close to each other.

If I want to pay someone who is next to me, I simply give him some $ cash, rather than force him
to install another app, force him to complete a registration process, read QR codes, and so on...

Not to mention how many days or weeks it takes to exchange the NAV through the few exchanges websites which are in fact not user friendly at all

The focus should be to make it simple to send money to people from another countries.

I am not impressed at all, to say the least

https://www.reddit.com/r/CryptoCurrency/comments/7o318s/see_how_navpay_mobile_wallet_instant_transactions/

And for information NavCoin is only 2-3% of inflation: 5% of the staking coins (40%)
5% is 4% + 1% for the community fund which will increase the marketing power as much as the Market Cap increase.

To be honest, after all NAV is just one of the over 2000s cryptocoins spinoffs variants of Bitcoin.

The fact that it has built in inflation +5,00 %, so the total supply of NAV is growing every year, is a huge red flag and a turnoff for most investors

there are many clear reasons why this coin doesn't moon

Taken a small position here. Looks like it has a lot of room to grow.

Accumulation Time

How many exchangers are there . Page 1 is not loading all images for me

Very positive outlook and great feed back up above great to read

sad that i only have few coins

On the subject of YouTube mentions about NAV

https://www.youtube.com/watch?v=9D3ZaOCXQFE&feature=youtu.be

One of the top 10 privacy coins for 2018.

Interestingly all of the other top 10 coins he mentions are ALL over 1 Billion USD market cap - NAV hovers around 200 million with plenty of room to grow.

Thanks for your reply. I was not taking the non-response personally, I know the devs are very busy.

I just wanted to make sure people have seen it, and was curious about the feedback, if people like the idea.

Very true.  Hopefully one of the things they are currently working on is the non-operation of POS.

great ideas for sure.

I'm sure the devs have made a note and if those ideas align with current roadmap/development you might see some of those implemented.

I wouldn't take a non-response personally. So much happening right now to keep devs busy.

Not a single reply about my idea... What do you people think about such an option? Do you think it could/should be implemented on NAV?

Whith Navpay spread, White paper coming soon, the marketing plan soon announced by the new marketing team, polymorph Q1 2018 and then Navtech 2.0, 2018 will be the year of Navcoin. Such a great Dev team, great products and news incoming and geat tech, Navcoin stayed below the radar and really really undervalued (more than 10 or 15x regarding the market cap and more after the news and launch flow in 2018).

To understand what is Navcoin, and it will target the Top 20 Crytocurrencies market cap in 2018 (have a look, compare and make your idea by yourself) :

To start, NAV isn't just a "privacy" focused coin. In Q1 2018, it will become a "privacy" focused platform/ecosystem. That makes NAV markedly different than Verge and Monero, aka huge growth potential over the next few months Smiley. NAV is also POS whereas Monero is POW. I believe POS is the future of blockchain. No surprise that Ethereum is looking to migrate to POS as well in 2018. There are many more attributes that make NAV more versatile than Monero. That said, I like Monero as well. Here's a few highlights that explain NAV more for you:

NavChain (the teams working title for the anonymous dapps platform)

As I mentioned above will be a privacy focused platform/ecosystem (I hate linking us to another project, but think anonymity of ethereum/neo). Once NavChain (Adapps) is built (the whitepaper is set to release in early Q1), the first planned anonymous application will be NavTech2.0.

Bonus: The devs are developing a working prototype of NavChain as we speak (including a working protoype of NavTech2.0). This will lead to faster development of the actual product.

Read more from the AMA: https://navtechservers.com/ama30102017/

NavTech2.0

Because NAV is a POS coin, NavTech2.0 will make every individual staking wallet have the option to act as a private server, which will create a fully decentralized mesh network of private payment servers. This is truly revolutionary in that it will create a trustless network. It solves the current concerns regarding trusting a small set of servers for private payments.

For more information https://navcoin.org/news/a-guide-to-navtech/

Community Fund

Nav recently passed a community fund which will reduce the staking rewards from 5% to 4%. The purpose is to use the 1% staking rewards to finish roadmap projects; hire more devs/marketers; market product launches; and finish community projects. "This equates to about $1M USD per year (at the current price) to spend on community projects, the core teams development roadmap and marketing initiatives – which will be a huge boost to the project."

Read more here: https://navcoin.org/news/community-fund-success/

Polymorph:

Polymorph is a web service designed to allow users to anonymise any of the currencies which are exchangeable on Changelly. How it works is best summarised by this slide from our 2016 Nav Coin Conference:

https://i.imgur.com/UpNL6uA.jpg

The user chooses their input currency & amount, output currency & destination address. Polymorph will exchange whatever currency is input to NAV with Changelly, send it through our dual blockchain private payment platform NavTech, then exchange it back to the specified output currency and send it to its destination.

You can specify the same input and output currencies, or you could actually use it as an exchange service also, inputting BTC and outputting ETH for example.

Copied from our lead dev here: https://www.reddit.com/r/NavCoin/comments/6ii8xm/what_is_polymorph_project/dj6wn02/

NavPay

Check out the most recent NavPay launch: https://twitter.com/NAVCoin/status/943738103839289344. If you have android, try it out! It's coming to iOS soon.

More info here: https://navcoin.org/navpay/

EDIT

NavPi and coming in 2018 NavPi 2.0 25% complete

The NavPi is the Nav Coin Raspberry Pi 3 Stakebox. With the NavPi you can stake your NavCoin at efficient cost, saving electricity. Use NavPi as passive income generator while you sleep: https://store.navcoin.org/product/navpi-stakebox/

https://navtechservers.com/video-tutorials/navpi/

https://store.navcoin.org/product/navpi-stakebox/

https://navtechservers.com/navtech-tools/staking-calculator/

NavPi 2.0 - "After the successful launch of NavPi, we are working towards streamlining the interface. This means a full redevelopment using Angular2 served by NodeJS. This also aims to improve the performance of the front end giving a smoother user experience."

Copied from NavCoin Roadmap: https://navcoin.org/project-roadmap/

NAV Details at a Glance

NAV's Website: https://navcoin.org/ NAV's Roadmap: https://navcoin.org/project-roadmap/ NAV Team Section: (Scroll Half Way Down) https://navcoin.org/))

How to buy NAV: https://navcoin.org/exchanges-and-services/

Algorithm: POS

Block Time: 30 sec

Number of Transactions/Second: 1120

Coin Circulation (as of 1/1/18): ~62,250,000 NAV

Inflation: 4% (once community fund is up and running in Q1 2018).

Lastly, Another great resource is https://navtechservers.com/. This website was created by a community member and (reddit moderator /u/navtechservers) as an independent resource guide from the NAV development team. The tutorials/videos/links are extremely helpful!

dumpers are not large investors, puny weak hands is all. Large investors understand marketcap.

@Dev
Just launched a NAV Pi staking wallet. Went with a generic Pi because the NAV Pi's sell out so fast.

Pi wallet is staking like a champ and so easy to monitor.

Great work.

Current supply is 62,253,388 (https://chainz.cryptoid.info/nav/) + 5% (but will become 4% staking and .25 NAV per block to the community fund) per year maximum.  The maximum level of staking is not normally reached as not all coins are participating in staking all the time.  The maximum supply could be considered infinite but would be a misrepresentation as it would also take an infinite amount of time to reach that supply level.  It does not seem to be an issue at this point in time.