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Topic: ★[ANN] [NAV] NAV COIN - Community Fund Live!!! - page 424. (Read 2085654 times)

hero member
Activity: 1194
Merit: 502


Well, a very little weekly update.

The Official Block Explorer is working, but for now it is behind of
about 90 minute, but anyway the official rich-list match my list.

The block interval time, is still near the 28 Sec in average, with
some little variation during the days, and it's ok for now.
The Orphan Blocks seen by my wallet are low, near 5%.

Regarding the block offset spread, there is been a little peak near
the -60 sec, but now it is slowly going toward the -40, probably
this is due to some staking node which still use the old wallet V. 3.0.

legendary
Activity: 2020
Merit: 1041
Cryptsy seems to be opening only the wallets that where not on maintenance before.
I see a lot of wallets in the first batch A-D that are still in maintenance.(maybe they only open the ones they where not "fractional reserving on".)
Maybe devs can try to contact Cryptsy (again for the Xth time) and ask if they need help updating the wallet.
legendary
Activity: 2020
Merit: 1041
navajocoin.org down... did i just try at a bad time? updating maybe?

I allways recheck with the "google"  website down for everyone or just me site.
legendary
Activity: 1082
Merit: 1002
navajocoin.org down... did i just try at a bad time? updating maybe?

hm maybe a network hickup? All ok here Smiley
legendary
Activity: 1386
Merit: 1001
navajocoin.org down... did i just try at a bad time? updating maybe?
sr. member
Activity: 292
Merit: 250
wa wa waiting for the day Cheesy
legendary
Activity: 1050
Merit: 1000
Agree with hashforce101 on most of his points save for one glaring not a chance.

Comparing NAV to BTC at this point not even an option.  This coin is distributed amongst what maybe 100-200 people around the world at most?  Nav has great promise don't get me wrong, but to say things like this just obvious hype.

*So the question becomes, which of you brave souls is going to launch the first fiat/nav exchange?!?! :p

Yeah point taken on distribution but I  could have replaced Navajocoin with a  different Altcoin name for the example above so no hype intended. The real world frustrations of  Bitcoin influencing the entire Crypto line of Currencies is a massive mistake and the more Altcoins that can detach themselves from Bitcoin the quickeer the next leap forward can be achieved. Bitcoin is stuck. Stuck in a bog hole and pulling the entire system down with it. In every possible way.
On this we can most certainly agree. There are a few coins developing some respectable usd volume on a few of the exchanges but nothing when compared to relative btc volume.  Hopefully nav gets big enough to justify a spot in some of the more established exchanges usd markets.

Yeap these are diffently the types of exchanges Navajocoin should go for a  direct USD/NAV conversion when the time is right as nwfella has  said. Perfect statement nwfella.
legendary
Activity: 1610
Merit: 1000
Well hello there!
Agree with hashforce101 on most of his points save for one glaring not a chance.

Comparing NAV to BTC at this point not even an option.  This coin is distributed amongst what maybe 100-200 people around the world at most?  Nav has great promise don't get me wrong, but to say things like this just obvious hype.

*So the question becomes, which of you brave souls is going to launch the first fiat/nav exchange?!?! :p

Yeah point taken on distribution but I  could have replaced Navajocoin with a  different Altcoin name for the example above so no hype intended. The real world frustrations of  Bitcoin influencing the entire Crypto line of Currencies is a massive mistake and the more Altcoins that can detach themselves from Bitcoin the quickeer the next leap forward can be achieved. Bitcoin is stuck. Stuck in a bog hole and pulling the entire system down with it. In every possible way.
On this we can most certainly agree. There are a few coins developing some respectable usd volume on a few of the exchanges but nothing when compared to relative btc volume.  Hopefully nav gets big enough to justify a spot in some of the more established exchanges usd markets.
legendary
Activity: 1050
Merit: 1000
Agree with hashforce101 on most of his points save for one glaring not a chance.

Comparing NAV to BTC at this point not even an option.  This coin is distributed amongst what maybe 100-200 people around the world at most?  Nav has great promise don't get me wrong, but to say things like this just obvious hype.

*So the question becomes, which of you brave souls is going to launch the first fiat/nav exchange?!?! :p

Yeah point taken on distribution but I  could have replaced Navajocoin with a  different Altcoin name for the example above so no hype intended. The real world frustrations of  Bitcoin influencing the entire Crypto line of Currencies is a massive mistake and the more Altcoins that can detach themselves from Bitcoin the quickeer the next leap forward can be achieved. Bitcoin is stuck. Stuck in a bog hole and pulling the entire system down with it. In every possible way.
legendary
Activity: 1610
Merit: 1000
Well hello there!
Agree with hashforce101 on most of his points save for one glaring not a chance.

Comparing NAV to BTC at this point not even an option.  This coin is distributed amongst what maybe 100-200 people around the world at most?  Nav has great promise don't get me wrong, but to say things like this just obvious hype.

*So the question becomes, which of you brave souls is going to launch the first fiat/nav exchange?!?! :p
legendary
Activity: 1050
Merit: 1000
Ye Big Vern has some Big problems.
I read on another thread that he was involved in the Mintsy deal about a month after the theft so he had good reasons to keep things quiet.
I hope he gets caught and jailed for a long time I'm getting really sick of the crypto business with all these thieves and scammers getting away with murder.


Yeah bro - those of us that are fully into Crypto and read as much about the Crypto world can feel the underlying reality of its weaknesses and strengths. Mt Gox was a wake up call . From Mt Gox we all realized spreading your BTC and Navajocoin was a safer bet across exchanges. Cryptsy & BTER hacks next. Then the Blockchain debate and Mr Hearn leaving Bitcoin for R3. It's a crazy time. I have watched China take control of Bitcoin and the Banks take over the BTC Blockchain technology.

If many Altcoins had a direct Fiat link and did not have to pass through BTC we would not be in this mess today.

Currently ALL Cryptocurrencies need to go via a BTC transaction before you can even buy or sell a single Navajocoin. Navajocoin could do extremely well  BUT if BTC which is in the technological past has a stumble the entire chain of crypto Currencies pay the price. This is not a Decentralized system. It's not the way for innovation and evolution of this new Monetary system.

If we had a hypothetical vote. Which currency is better Bitcoin or Navajocoin. Navajocoin would win on every comparison .

Yes Decentralization is coming to Navajocoin to make it the king of kings.

Anyway the solution to All ths is - independence

Each crypto  currency works independently and directly with Fiat. The Crypto currency stands on its own merit via its own evolution. , strength and weaknesses. I exchange  $600 dollars and buy Navajocoin and then I sell Navajocoin and buy dollars. No BTC involvement required. No waiting on processing,  No worries about BTC theft on an exchange corrupting my Navajocoin value . It would be a BTC problem but currently its an entire Crypto Community problem affecting ALL Currencies via the so called king of crypto.

This system is stupid for the future evolution of Crypto in general. The Bitcoin community is holding the entire Crypto Altcoin world and it's true potential In the past.

I think Satoshi Nakamato is just shaking his / her head with all the n decisions affecting Bitcoin today. The Exchanges also need to lift there standards and Pakage's article explains that very well.

Do we need Satoshi Nakamato - hell no . Do we respect Satoshi Nakamato - hell yes. What we do need is a revolution from all the different Altcoin developers to start thinking about independence.


legendary
Activity: 2020
Merit: 1041
Ye Big Vern has some Big problems.
I read on another thread that he was involved in the Mintsy deal about a month after the theft so he had good reasons to keep things quiet.
I hope he gets caught and jailed for a long time I'm getting really sick of the crypto business with all these thieves and scammers getting away with murder.
legendary
Activity: 1050
Merit: 1000
Yeah the problem is the Crpysty Exchange was aware 1.5 years ago of the theft and only choose to announce it now and disable many Altcoin wallets without notice to its customers. They should have announced the issue back in 2014 . Cryptsy continued to trade and except bitcoin with a major security breach and theft. Everyone  could notice a major drop in the level of technical support. Most likely many technical staff abandoned ship with the realisation of theft. Leaving Big Vern (Cryptsy) hiring new staff. Etc. and keeping a huge secret

I remember Big Vern replying to us saying our wallet should be updated tomorrow and then so many weeks went past. Imagine they were aware of 13,000 BTC missing at that time and continued risking excepting more BTC and later Navajocoin. Nowing of major investor risk on their exchange. There is now a class action lawsuit against the Cryptsy exchange for losses.

Anyway this exchange lead by Big Vern is lacking communication knowing what they knew. I hope everyone withdraws their Navajocoin at first opportunity.

Cryptsy should have been transparent from day 1 . 1.5 years ago.
But this is the decision Big Vern choose 

sr. member
Activity: 373
Merit: 250
They walk among us...
Craptsy was problematic long time ago before this. If some people ignore that, and hold large ammounts there, it is only their foolishness...

Agreed. I also remember them taking months and months to install the new Nav wallet as Hash said.
full member
Activity: 260
Merit: 103
Craptsy was problematic long time ago before this. If some people ignore that, and hold large ammounts there, it is only their foolishness...
legendary
Activity: 2020
Merit: 1041
Let's hope everybody will get his coins from cryptsy... btw. anybody knows, which address is cryptsy on the richlist? I know #2 is Bittrex.


The problem with that reasoning is that NAV was already disabled before this started.
I hope they will do work on the wallets but I'm not so sure Mallick seems to be MIA for a long time already.
legendary
Activity: 1082
Merit: 1002
Let's hope everybody will get his coins from cryptsy... btw. anybody knows, which address is cryptsy on the richlist? I know #2 is Bittrex.
legendary
Activity: 1386
Merit: 1001
Can we remove any association to Crptsy in the next wallet update please - market ticker etc . Also if with some possibility they make a brief return and everyone thinks that all is well .


Don't be fooled . Can we now once and for all remove our association regardless of what happens

I would like to say now, like I said 8 months ago - Lets cut ties with this exchange like I suggested back in May 2015. They where a primary cause for Navajocoin Hard Fork delays and proved back then that their Priority of service to the Navajocoin Brand was non existent - We waited for weeks and weeks for them to implement the wallet during Navajocoin hard fork etc . We shall never forget and this time we may also be the last on the list. Thats IF a list exists!

Bittrex implented the hard fork in a few days and Poloniex where fantastic as well.

I had a memorable conversation /chat with the admins there regarding ANON. Anyway the admins on Crptsy advised everyone on a regular basis to NOT invest in Anon coins as it was just a gimmick. I told them bluntly that as an ADMIN's they are suppose to hold a neutral position on ALL altcoin discussions that take place on Crptsy chat and as an admin they are not allowed to influence trading decisions with personal opinions. This was back in 2015 around the important Anon release when we where getting the word out. The Admins primary duty is to monitor fault reports and forum abuse and keep the conversations going with open mindedness and free of spam. We shall never forget

They will be opening alt coin wallets for withdrawal soon. i believe they opened the first 50 A-E today. so all nav can be grabbed. just have to pay attention to any nav not withdrawn when they shut the servers back down and probly just burn them...
legendary
Activity: 1050
Merit: 1000
Can we remove any association to Crptsy in the next wallet update please - market ticker etc . Also if with some possibility they make a brief return and everyone thinks that all is well .


Don't be fooled . Can we now once and for all remove our association regardless of what happens

I would like to say now, like I said 8 months ago - Lets cut ties with this exchange like I suggested back in May 2015. They where a primary cause for Navajocoin Hard Fork delays and proved back then that their Priority of service to the Navajocoin Brand was non existent - We waited for weeks and weeks for them to implement the wallet during Navajocoin hard fork etc . We shall never forget and this time we may also be the last on the list. Thats IF a list exists!

Bittrex implented the hard fork in a few days and Poloniex where fantastic as well.

I had a memorable conversation /chat with the admins there regarding ANON. Anyway the admins on Crptsy advised everyone on a regular basis to NOT invest in Anon coins as it was just a gimmick. I told them bluntly that as an ADMIN's they are suppose to hold a neutral position on ALL altcoin discussions that take place on Crptsy chat and as an admin they are not allowed to influence trading decisions with personal opinions. This was back in 2015 around the important Anon release when we where getting the word out. The Admins primary duty is to monitor fault reports and forum abuse and keep the conversations going with open mindedness and free of spam. We shall never forget
legendary
Activity: 1386
Merit: 1001
Decentralisation Update

Hi Navajo Community,

Firstly I apologise that my Sunday update is a little late, I will make sure my next one is on time!

My latest commit can be seen here: https://github.com/navcoindev/navcoin/commit/a2ce94ce43f470b8eda06b28ae0472c660c38441

I've begun testing the encryption with live RSA Keys sent back from the random anonymous server. As well as the work you see here, this testing has involved writing new scripts for the anonymous servers to transmit their public keys directly to the wallet and also server endpoints for me to test the decryption with. I don't keep the anonymous code in a public repository for obvious reasons, otherwise I would show you my work there as part of this process so you can monitor my total progress.

I will let you know that I haven't quite got this encryption round trip yet (as you can see by all the qDebug's still in the code). I was hoping to get it finished before my progress report which is one of the reasons why it comes later than usual. I am really close though, one more coding session tomorrow night and I should have this entire part of the system finished and working. Then I can move on to the phase 2 (of 3) which involves the p2p server address distribution.

FYI I've purposefully removed the server's live Private Key I was testing with from this commit so that it's not publicly available.

As well as this, part of my NAV Time this week was spent setting up the bounty and building the new page of the website which can monitor the bounty addresses for the public to see.

Read more about the NAV Bounty here: https://bitcointalksearch.org/topic/m.13536983

I've only bumped the percentage up 5% this week (instead of 10% like previous weeks) as my time has been split between the bounty setup, helping our new developer get up and running and my work on the decentralization project. Still, that puts us at 35%, so we're just over the 1/3 mark which isn't bad considering its only been a couple weeks. I would expect my output to return to normal this week, aiming for 10% progress and moving on to phase 2.

Keep up to date with our project status here: http://www.navajocoin.org/projects

Sophia has a pretty cool announcement I'm hoping she will be able to make public this week, so keep your eyes open! I'll be checking on the forum to answer any of your questions and I'll see you back here next Sunday with another progress report at the latest!

Talk soon,
Craig.



Awesome..
I did notice on the projects page you have the nav bounty in pending projects. I believe you can move that to the complete section? or maybe add it to the % list or add a counter? have you decided how long you will run the bounty after decentralization?
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