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Topic: ★[ANN] [NAV] NAV COIN - Community Fund Live!!! - page 464. (Read 2085654 times)

legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
Thanks - I now understand & see that Navajocoin has fast transaction times in the seconds and #Bitcoin can take a minimum of 10 - 30 minutes on Exchanges . Sometimes even an hour. Also I feel that Bitcoin is not worthy of being King Crypto. When I to use it in the real world it's slow and disappointing  (with respect).

I believe in Decentralization greatly and thank you Bitcoin for doing all that.

Soopy can Navajocoin take the King crown and if Navajocoin gets a  direct Fiat conversion capabilitie could this happen. Or is this simplify not possible for Any Altcoin



Indeed you are right my friend , I m happy and glad mate to be among people with a far wider vision for something they love , a promising future and the entire NavajoCoin including you sharing that vision. The future indeed is promising. Smiley

legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
i have a friendly question soopy. now that bip is implemented, can we change the roadmap to; percentage of progress meters? would make more sense. that way the only questions youll get is the, "why has it been at 34% for a week?" ... then you reply with, "i have to sleep sometimes." ... i guess this is also a strugg question.

Haha! That my friend is ingenious! I m sure that will work out for sure. Smiley Thank you very much for coming up with idea mate, thoughtful indeed , should keep everyone updated and trolls with less questions other than the obvious one's as you pointed out. Cheesy
legendary
Activity: 1050
Merit: 1000
Crypto Market Capitalization of 692 Crypto coins is $3.9 Billion Fiat USA Dollars with a Volume turn over daily of Millions of Dollars.

This coin has tech that is stronger than Dash at number 5. Navajocoin is way down in the ranks and daily turn over we can see.

Decentralization is the key to this coin.
legendary
Activity: 1050
Merit: 1000
I read Pakages Auckland conference was a great success on meetup.com. Great work Pakage

Th5 PDF of the Presentation is on Github
legendary
Activity: 1050
Merit: 1000
Thanks - I now understand & see that Navajocoin has fast transaction times in the seconds and #Bitcoin can take a minimum of 10 - 30 minutes on Exchanges . Sometimes even an hour. Also I feel that Bitcoin is not worthy of being King Crypto. When I to use it in the real world it's slow and disappointing  (with respect).

I believe in Decentralization greatly and thank you Bitcoin for doing all that.

Soopy can Navajocoin take the King crown and if Navajocoin gets a  direct Fiat conversion capabilitie could this happen. Or is this simplify not possible for Any Altcoin

legendary
Activity: 1386
Merit: 1001
i have a friendly question soopy. now that bip is implemented, can we change the roadmap to; percentage of progress meters? would make more sense. that way the only questions youll get is the, "why has it been at 34% for a week?" ... then you reply with, "i have to sleep sometimes." ... i guess this is also a strugg question.
legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
I will be around today and if you guys have any queries and questions regards to anything to do with NAV. Please ask away. Smiley



Thanks Soopy

Will the Navajo Web Wallet and  Navajo Air Android Web Wallet be released at the same time or separately . Also will you be  doing the  development for Android
Or does BIP32 simplify  both releases.
HaSh

Edit : Also what's your opinion on  Bip 100 & BIP 101 Large Block Size   Cheesy

You are most welcome my friend.

And thank you very much for your kind queries , BIP32 will simplify both the processes yes. Smiley

BIP 100 and 101 are still on the proposal stage and implementations and approval is still being discussed within the Crypto communities as far as I see this , bitcoin core is yet to be implemented with this but as I can see the bitcoin core developers and the community is against it , we here at NavajoCoin already have high speed payment confirmation regardless and we will only need to have large block size if we further wanted to increase that aspect by having more and more transactions per block.

My personal opinion would be that we are currently best as we are. Smiley We see quite a drama due to BIP 100 and 101 proposals within the bitcoin sector itself lol. Smiley

Warm Regards,
~SoopY~
legendary
Activity: 1050
Merit: 1000
I will be around today and if you guys have any queries and questions regards to anything to do with NAV. Please ask away. Smiley



Thanks Soopy

Will the Navajo Web Wallet and  Navajo Air Android Web Wallet be released at the same time or separately . Also will you be  doing the  development for Android
Or does BIP32 simplify  both releases.
HaSh

Edit : Also what's your opinion on  Bip 100 & BIP 101 Large Block Size   Cheesy
legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
I will be around today and if you guys have any queries and questions regards to anything to do with NAV. Please ask away. Smiley

legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
Regarding your idea of a greater number of active users in staking, it is an interesting
hypothesis to explore, but before I could answer, I have to analyze an intermediate
file of 73 MB, now I do not think I have time.
My hope is I can give you some data tomorrow.

As promised here is the new analysis on the number of addresses that generate
block, day by day.

The method by which it is carried out influences the results obtained, so here's a
brief description of how it was conducted, sorry to be a bit boring.

The files of 73 MB of which I wrote yesterday, is a list of the blocks produced by
block 1.4M up to 1,669,266, the last block of the day 26/07/2015 (UTC time).

The blocks of the next day accounted for only a part of the day, and then I have
not included here.  

The file has been sorted for the block date [1], and every day, were counted the
blocks (from which to derive the average block interval), and the addresses which
have generated at least one block in that day.

The extracted data are fairly coarse, their resolution is in fact a whole day, but I
hope that makes the idea, consider them only as preliminary data.
Perhaps it is too coarse for a precise analysis of cause and effect, if you need a
more precise let me know.

In this period of time, the number of addresses that have generated blocks is varied
between a minimum of 124 and a maximum of 162, also quite a few after all.
The number of blocks produced daily was between 3532 and 8298, far too many,
considering that should be 2880.
The average interval between the blocks is gone from a maximum of 24.5 to 10.4.



At first glance, there may be similarities between the tracks, but if we look
carefully we can see that the block interval in some cases has been dropped
even when the number of users was practically stable, or even decrease.

Perhaps it might be more likely an inverse relationship, I mean, when the block
time interval and PosDiff fall (see chart from yesterday), then the addresses
which typically fail to get into the game, producing a few small block more often.
And so shortly after the fall we see the effect of an increase in the number of addresses.

In summary, your hypothesis that a greater number of users has resulted in an
acceleration of the product cycle of blockchain not seem sufficiently supported by
data, but this is just my interpretation of these coarse data, not necessarily the
correct one.


[1] Small note:
In early attempts to process the data, I did not do the sort of lines based on the
time of the block, and I got strange results, such as "days" that contain only 4 or
5 blocks, followed by other blocks belonging to the previous day, then some of
the next, and again the previous one, and finally a series of consistent data.

This odd behavior at the edge of date change, I would have expected
for 1-2 blocks, but 4 or 5 jumps one after another seem far too many,
abnormal, rather symptomatic.

As an example you may try to control the sequence of blocks between 1652846
and 1652867.

This oddity is evident during the date change, but I think it also occurs
during the rest of the day and days.

Bye Bye






Perhaps it is too coarse for a precise analysis of cause and effect,


Very small update:
The previous graph was unsatisfactory for me, too coarse, and missing
data from the last hour.
This new has a resolution of one hour, with the values that are calculated on frame of
previous 24 hours, and covers data from 1.4M up to block 1,679,912.



The observations made in the previous message seem confirmed by the new graphic.

Bye Bye



It is interesting to find out how diverse and how it has been fluctuating by studying the data mate. Good job mate , as always we commend your efforts and support and going out of your way to help and assist us in identifying issues and bring our attention to them the same. You indeed Rock! Smiley

Anyhow I will further study your presented data as well as run an analysis and keep you updated.

Thank you so very much Remy. We appreciate all your efforts as always. Smiley

Warm Regards,
~SoopY~

hero member
Activity: 1194
Merit: 502

Perhaps it is too coarse for a precise analysis of cause and effect,


Very small update:
The previous graph was unsatisfactory for me, too coarse, and missing
data from the last hour.
This new has a resolution of one hour, with the values that are calculated on frame of
previous 24 hours, and covers data from 1.4M up to block 1,679,912.



The observations made in the previous message seem confirmed by the new graphic.

Bye Bye

hero member
Activity: 1194
Merit: 502
Regarding your idea of a greater number of active users in staking, it is an interesting
hypothesis to explore, but before I could answer, I have to analyze an intermediate
file of 73 MB, now I do not think I have time.
My hope is I can give you some data tomorrow.

As promised here is the new analysis on the number of addresses that generate
block, day by day.

The method by which it is carried out influences the results obtained, so here's a
brief description of how it was conducted, sorry to be a bit boring.

The files of 73 MB of which I wrote yesterday, is a list of the blocks produced by
block 1.4M up to 1,669,266, the last block of the day 26/07/2015 (UTC time).

The blocks of the next day accounted for only a part of the day, and then I have
not included here. 

The file has been sorted for the block date [1], and every day, were counted the
blocks (from which to derive the average block interval), and the addresses which
have generated at least one block in that day.

The extracted data are fairly coarse, their resolution is in fact a whole day, but I
hope that makes the idea, consider them only as preliminary data.
Perhaps it is too coarse for a precise analysis of cause and effect, if you need a
more precise let me know.

In this period of time, the number of addresses that have generated blocks is varied
between a minimum of 124 and a maximum of 162, also quite a few after all.
The number of blocks produced daily was between 3532 and 8298, far too many,
considering that should be 2880.
The average interval between the blocks is gone from a maximum of 24.5 to 10.4.



At first glance, there may be similarities between the tracks, but if we look
carefully we can see that the block interval in some cases has been dropped
even when the number of users was practically stable, or even decrease.

Perhaps it might be more likely an inverse relationship, I mean, when the block
time interval and PosDiff fall (see chart from yesterday), then the addresses
which typically fail to get into the game, producing a few small block more often.
And so shortly after the fall we see the effect of an increase in the number of addresses.

In summary, your hypothesis that a greater number of users has resulted in an
acceleration of the product cycle of blockchain not seem sufficiently supported by
data, but this is just my interpretation of these coarse data, not necessarily the
correct one.


[1] Small note:
In early attempts to process the data, I did not do the sort of lines based on the
time of the block, and I got strange results, such as "days" that contain only 4 or
5 blocks, followed by other blocks belonging to the previous day, then some of
the next, and again the previous one, and finally a series of consistent data.

This odd behavior at the edge of date change, I would have expected
for 1-2 blocks, but 4 or 5 jumps one after another seem far too many,
abnormal, rather symptomatic.

As an example you may try to control the sequence of blocks between 1652846
and 1652867.

This oddity is evident during the date change, but I think it also occurs
during the rest of the day and days.

Bye Bye



hero member
Activity: 849
Merit: 507
I am a trader , I am not very good at technical aspects , so I wont write about it.
However I can share with you my economical thoughts.
I follow navajo market since half a year and day by day analyse situation. If you compare it to waiting before anon realising, you can easily see some similarity.
That way brought us to the top of crypto live.Price bounced x10 .
Now I can see more space for growth .This is because :
-navajo is better known in crypto world
-Dev Team was"checked" and  now got +trust(even its also known as latecomer!)
- innovative technology(first in alts) in incoming projects sets us as something worthy of attention
-many projects(there are not many alts with so rich roadmap )
-empty market space
-perfect distribution of navajocoin (perfect I mean perfect for huge growing)
-nice base for x7;x16 price increase (there wont be any problems to touch 5000 satoshi or even 10 000 satoshi with some )luck
-favorable btc price
sr. member
Activity: 373
Merit: 250
They walk among us...
Hi Remy,

Thank you for bringing your thoughts and ideas as well insight to NavajoCoin , I m currently investigating this particular scenario and closely watching the Blockchain , I would like to name this effect as "Close to Light of Speed Effect" , with all the names that it has been given with. Smiley Rest assured we are monitoring the situation and act accordingly , in the mean time you are most welcome to send us your thoughts and ideas the same.

I believe for a fact that we are having an increased amount of users staking their wallets and as I said earlier , I'm currently monitoring the situation so is the team , I m sure as always we will find the cause and provide a fix if the need be. Smiley



I am very pleased to know that you are now investigating the matter.
BSPlus and I reported the problem as early as  21 July, as you can see here.
https://bitcointalksearch.org/topic/m.11936102


And was repeatedly placed under the attention of the DevTeam, in fact on August 9,
Strugg wrote that the DevTeam, we would be kept us updated, and we are still waiting.

For your convenience, here is another graph of Pos Diff and the interval between the blocks,
starting from 2015/07/02 (block 1.4M) until a few hours ago.
But I do not think that this is the source of the problem, only its effect.




Regarding your idea of a greater number of active users in staking, it is an interesting
hypothesis to explore, but before I could answer, I have to analyze an intermediate
file of 73 MB, now I do not think I have time.
My hope is I can give you some data tomorrow.

Bye

Remy, you Rock! Grin
hero member
Activity: 1194
Merit: 502
Hi Remy,

Thank you for bringing your thoughts and ideas as well insight to NavajoCoin , I m currently investigating this particular scenario and closely watching the Blockchain , I would like to name this effect as "Close to Light of Speed Effect" , with all the names that it has been given with. Smiley Rest assured we are monitoring the situation and act accordingly , in the mean time you are most welcome to send us your thoughts and ideas the same.

I believe for a fact that we are having an increased amount of users staking their wallets and as I said earlier , I'm currently monitoring the situation so is the team , I m sure as always we will find the cause and provide a fix if the need be. Smiley



I am very pleased to know that you are now investigating the matter.
BSPlus and I reported the problem as early as  21 July, as you can see here.
https://bitcointalksearch.org/topic/m.11936102


And was repeatedly placed under the attention of the DevTeam, in fact on August 9,
Strugg wrote that the DevTeam, we would be kept us updated, and we are still waiting.

For your convenience, here is another graph of Pos Diff and the interval between the blocks,
starting from 2015/07/02 (block 1.4M) until a few hours ago.
But I do not think that this is the source of the problem, only its effect.




Regarding your idea of a greater number of active users in staking, it is an interesting
hypothesis to explore, but before I could answer, I have to analyze an intermediate
file of 73 MB, now I do not think I have time.
My hope is I can give you some data tomorrow.

Bye
hero member
Activity: 672
Merit: 500
http://fuk.io - check it out!
ok soopy is alive and kicking - still working hard on NAV.
to me it looks like NAV is gonna raise in price soon.

i did talk to him on skype, seems was my mistake not finding him there before Wink

KC gives green light to NAV!
sr. member
Activity: 373
Merit: 250
They walk among us...

Hi Remy,

Thank you for bringing your thoughts and ideas as well insight to NavajoCoin , I m currently investigating this particular scenario and closely watching the Blockchain , I would like to name this effect as "Close to Light of Speed Effect" , with all the names that it has been given with. Smiley Rest assured we are monitoring the situation and act accordingly , in the mean time you are most welcome to send us your thoughts and ideas the same.

I believe for a fact that we are having an increased amount of users staking their wallets and as I said earlier , I'm currently monitoring the situation so is the team , I m sure as always we will find the cause and provide a fix if the need be. Smiley

In the meantime I suggest the speed of light will not last for long so better enjoy it while you breeze on it lol.

Warm Regards,
~SoopY~


i was kinda liking the bigger staking rewards lol. Am i wrong in thinking that this faster BC speed is only beneficial to those who stake anyway. To those that have no investment in nav it doesn't really matter? Obviously a fix will be needed at some point but as i said I like the new stakes lol.

Thanks to SOOPY for coming out and letting us know he's flagged it for review. Makes me feel better Smiley

Keep up the good work guys
hero member
Activity: 687
Merit: 500
Hi Guys
Great work on the BIP tech!!!!
Can't wait to see it implemented on the blockchain!
I guess with that we will have a refreshed website too!
Any news of Pakage's talk in Auckland?
Thanks!
legendary
Activity: 1302
Merit: 1001
Founder - NavCoin Ⓝ
I'm glad that I'm with the coin from the beginning, even from the time Summercoin.
If the team starts it everything it promised, it becomes a coin NAVAJO very unique and appreciated.

GOOD WORK SOOPY AND TEAM Smiley

Thank you so very much mate , we always appreciate your kind comments and thoughts and support extended to us in every way. Thank you very much. Smiley

Warm Regards,
~SoopY~
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