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Topic: ★[ANN] [NAV] NAV COIN - Community Fund Live!!! - page 761. (Read 2085654 times)

legendary
Activity: 1133
Merit: 1050
We may not see a HUGE jump until the double encryption subchain is truly decentralized. I'm not sure investors want to trust 1 person with 100% of the stake proceeds and 100% of the anonymity encryption chain power. For now, after talking with Pakage, that's where we're at right now. The subchains are controlled by the foundation, they are Proof of Stake and they get all the rewards.
It'll be interesting to see come Monday!

When will they decentralized the double encryption subchain?

I don't think you got that all right. Yeah we maintain the complete subchain network at the moment And it is proof of stake. But what do you think we should do with the rewards of the staking in the private subchain??? There is no rewards, which you could sell or whatever.  Only costs in that chain. And you need to stake to keep the network alive.

Maybe I don't, I'm just assuming since Pakage said the subchains are secured through PoS that staking would happen and thus staking rewards would happen. That's how PoS works. And the Navajo Foundation is the only node allowed to stake and get the rewards. That's just the logic I was using. Maybe we need more explanation of how securing the 2 subchains works. Is it a hybrid of PoS?

lol as always happened before, here also there are fudsters from shadowcoin dirty community

I own ~.5% of NAV total supply. I think I can have an opinion of whats going on in my communities.
legendary
Activity: 1778
Merit: 1000
The coin is not at all distributed properly. Top 3 wallets have more than 50 % of the coin. This will result in constant dumping and the price would remain low forever.
INCORRECT!
Top 3 wallets combined hold around 21% of total coinage. The coin was distributed HONESTLY - everybody has had the opportunity to buy and sell fairly.
legendary
Activity: 994
Merit: 1000
The coin is not at all distributed properly. Top 3 wallets have more than 50 % of the coin. This will result in constant dumping and the price would remain low forever.
Top 3 wallets are exchanges wallets.
Only bittrex has over 3 mil coins on the cold wallet.
hero member
Activity: 686
Merit: 500
Fall seven times, stand up eight.
The coin is not at all distributed properly. Top 3 wallets have more than 50 % of the coin. This will result in constant dumping and the price would remain low forever.
full member
Activity: 124
Merit: 100
Wow, very nice and fast grow. I'm reading some blackmarkets forums and I have signals from this communities they're watching this thread. This is good sign because they have a lot of money and they want really anonymous coin.
sr. member
Activity: 249
Merit: 250
...

EDIT:
29.31% jump at poloniex in the last 24 hours.
commendable indeed.





on bittrex too.
3730 on bittrex now
[/quote]

This makes my buy from yesterday at 2855 sat look like a good decision  Grin.
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
...

EDIT:
29.31% jump at poloniex in the last 24 hours.
commendable indeed.




[/quote]

on bittrex too.
3730 on bittrex now
legendary
Activity: 1082
Merit: 1002
We may not see a HUGE jump until the double encryption subchain is truly decentralized. I'm not sure investors want to trust 1 person with 100% of the stake proceeds and 100% of the anonymity encryption chain power. For now, after talking with Pakage, that's where we're at right now. The subchains are controlled by the foundation, they are Proof of Stake and they get all the rewards.
It'll be interesting to see come Monday!

When will they decentralized the double encryption subchain?

I don't think you got that all right. Yeah we maintain the complete subchain network at the moment And it is proof of stake. But what do you think we should do with the rewards of the staking in the private subchain??? There is no rewards, which you could sell or whatever.  Only costs in that chain. And you need to stake to keep the network alive.
legendary
Activity: 2128
Merit: 1002
We may not see a HUGE jump until the double encryption subchain is truly decentralized. I'm not sure investors want to trust 1 person with 100% of the stake proceeds and 100% of the anonymity encryption chain power. For now, after talking with Pakage, that's where we're at right now. The subchains are controlled by the foundation, they are Proof of Stake and they get all the rewards.
It'll be interesting to see come Monday!

When will they decentralized the double encryption subchain?

EDIT:
29.31% jump at poloniex in the last 24 hours.
commendable indeed.



sr. member
Activity: 308
Merit: 250

It’s a train that’s on the move – and we shouldn’t miss it.


are you ready?

Is that going to be a new logo?  Hopefully new wallet design also
You feel that COOL BLUE is better?

Yep. 100x better.
legendary
Activity: 1778
Merit: 1000

It’s a train that’s on the move – and we shouldn’t miss it.


are you ready?

Is that going to be a new logo?  Hopefully new wallet design also
You feel that COOL BLUE is better?
member
Activity: 84
Merit: 10
vince no, it's not only a change to make it more beautiful in the picture  Cool
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
lol as always happened before, here also there are fudsters from shadowcoin dirty community
sr. member
Activity: 308
Merit: 250

It’s a train that’s on the move – and we shouldn’t miss it.


are you ready?

Is that going to be a new logo?  Hopefully new wallet design also
hero member
Activity: 1030
Merit: 502
★777Coin.com★ Fun BTC Casino!
i have no bias at all   Wink   but i gotta say this is looking REALLY GOOD  Grin
member
Activity: 84
Merit: 10

It’s a train that’s on the move – and we shouldn’t miss it.


are you ready?
legendary
Activity: 1133
Merit: 1050
To the moon, I see some buys around 37xx sats now.

https://poloniex.com/exchange#btc_nav



I wouldn't get too excited just yet. That isn't even .1 BTC worth of volume. New entrants will only go so high on such low sell offerings before more substantial market share is placed for sale. This makes me think the debut of the new Anonymity tech is already priced in to the current price somewhat.

We may not see a HUGE jump until the double encryption subchain is truly decentralized. I'm not sure investors want to trust 1 person with 100% of the stake proceeds and 100% of the anonymity encryption chain power. For now, after talking with Pakage, that's where we're at right now. The subchains are controlled by the foundation, they are Proof of Stake and they get all the rewards.

It'll be interesting to see come Monday!

legendary
Activity: 994
Merit: 1000
There is only ~10 BTC on poloniex to reach 0.0099 Grin
C'mon guys let's do this earlier Cheesy
legendary
Activity: 2128
Merit: 1002
To the moon, I see some buys around 37xx sats now.

https://poloniex.com/exchange#btc_nav

sr. member
Activity: 308
Merit: 250
im thinking can nav really go to 0.01 range given that it has unlimited supply. one of the advantages of btc,drk,ltc is that it has max number of supply.
so it is inevitable that price will increase because it is limited. Unlike nav which everyone knows it will never run out like fiat.
given that you have 10k nav and you stake 24 hours a day with a stable price at 0.01 i think you wouldnt need to work already if you live a simple life. I think it is too good to be true.

well anyways i hope im wrong on this one.
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