Topic: ★[ANN] [NAV] NAV COIN - Community Fund Live!!! - page 436. (Read 2085654 times)

Devs are still active and there will coming update but why the volume is quietly low for this coin? What's the matter?

This coin is not dead. I am working on HD Wallet implementation and Decentralization right now! It's pretty complicated business but I'm getting there.

All will be revealed shortly.

Cheers,
Pakage.

Masternodes / Decentralized anon That's what NAV needs nothing else will do.

We are getting close the price I bought in last time when things looked bleak for the original summercoin. Ended up making some really good profits. Maybe its time to buy back in? Not much for sell on the order books though.

I'm afraid they have gone to the moon!
How is this possible, one year ago around 300 sat, this summer around 3000 sat, now back on 300?
Will this coin climb up?
Will it be a cursed circle, or more as a cycle that has already repeated several times.   

Working behind the scenes like always!
Sorry there hasn't been much news recently.
You can expect an update next week.
Cheers
~ Strugg

383 sat. its less than when this coin was a summercoin 

how are you dev's ? any news?

Nobody want sell so low vol.
Nobody want buy more because not expected upgrade lika masternodes and decentalisation anon.
So no movement/vol anybody waiting.
But its very low price good to buy.
Its dead point up or down.

I don't think Web wallet / Mobile release will be enough to reverse the downtrend , Masternodes/Decentralized anon what everyone has been waiting for close to 3/4 of a year would I don't think anything else will reverse the trend.

Wrong direction! Only buying

Doing what I can but going to run out of nav's pretty soon :/

This sucks selling them for so cheap.  I guess it is what it is though.

It is not gonne happen. All we need is Volume!

And to add to the good news it now appears as though nav is in danger of delisting on bittrex by the 11th as well :/

we already have contacted them severy times and there is an open ticket at cryptsy support.

ya, and zero volume at  polo too

Bittrex has warning off delisting again

maybe the Devs can contact cryptsy to resolve this ?

Bad News

In this forum I have not seen any alerts, so I wanted to warn you that in
the status page of Cryptsy, the wallet of navajocoin is reported as in
"maintenance", it is shown as a still to the block 2413524.

IMHO, I think their wallet and the web frontend are not communicating
with each other as they should, then I would advise you to check before
you make any transfer to or from Cryptsy.
https://www.cryptsy.com/pages/status#

Also, I read that many users are complaining of delays (also of days) in the
withdrawal of BTC, LTC, DASH, DOGE (and to a lesser extent to other AltCoins)
even if they seem all in good standing in the their status page.

Good luck

Hemm ...   What?

I think you've done a moment of confusion between POW and POS.
Generally the ProofOfWork is used in the initial phase of the
life of a crypto currency for the generation of the first block
or the distribution of the coins.

There are many types of distribution, but in a certain way there is
always a block of type POW, in extreme cases such as ICO + POS exists
at least one block, used for the pre-mine.

The POW has the disadvantage that to move forward, with time and
increasing difficulty, it requires continuously increasing energy and
dedicated devices, which effectively makes the activity of generation
of blocks expensive and concentrated in a few hands, see bitcoin.

In our case the initial phase POW, is long gone, there was then a
Phase 2 POW for an emergency, but this has been over for at least a year,
and as Shahim rightly said, there are now only blocks POS, and they can
not stop.

The ProofOfStake was the solution devised to produce blocks, created
initially in hybrid form for PPC as a possible alternative distributed
and at low-cost to the use of POW.

Unlike the POW, where the probability of generating a block is linked
to how many GigaHash your machine is able to generate, in the PoS is
the value of the stakes which provides greater probability, and to a
certain extent also the time that have remained static.

We must consider that the POS Gain, is not a gain due to the mere fact of
possessing a certain amount of money (like the interest on deposits in
the bank), but a reward for having done a job.
This work is to receive and aggregate the transaction in a new block,
which will remain eternally immutable and distributed among all the
other nodes, and at the same time validate the previous blocks.

If there were no new blocks would not be possible any transactions,
and if a currency is not exchangeable, IMHO it has no real value.

The reward for this work, in certain types of crypto coins, it is not
in proportion to what what you have, but it is a flat fee.

Even in some cases experimental, if I remember correctly, the reward
(POW or POS) is precisely zero, and the miner will receives only the
fees of the transaction.

Now I leave you to imagine how much should be high the fees of a currency
like Bitcoin, to cover the costs of production of the blocks only on the
basis of POW blocks, with rewards based only on fees.


Returning to the logic of the blockchain and reward, as the first consequences
we have two results, the blockchain is expected to grow forever, and on this
AFAIK there are no solutions, and the generation of new reward creates a
growing money supply, then inflation.

But this is a matter of economists and it is better that I am silent.

I know that DjSelery already knows all this, but occasionally repeat helps.

It also moves a little forum.

Ok, now for the update on the PosDif, a small notice, this week the
data may be less reliable because of a lock of my wallet for about ten
hours due to an update of M$.



The framework of the parameters seems to be stabilizing at good values.
The average on the whole week, of the interval between the blocks, is
around 20 seconds.

In the last hours seems risen to over 27, but I suspect it could be a temporary
effect due to the weekend.
Another good news, the number of blocks orphans decreased to approximately 7%.





About the distribution of offset of the normal users, it is more compact,
which I also see it in the connection log.

In this regard, there is still someone who has not upgraded.
Right now I have 12 peers, and 2 are at version 3.0 and one is at version 3.1.

It would be useful to know whether the DevTeam has had direct confirmation
from the exchange, if they have completed the update of the wallet.

Finally, the black sheep:
it continues its journey into the future, now it is about to 180 seconds,
but his work seems very much diminished.