Cryptocurrencies’ dark horse NAV Coin to swap for a thoroughbred

Crypto currencies dark horse NAV coin, which holds the auspicious title of the world’s first fully anonymous cryptocurrency, announced a coin swap that comes with a list of game changing improvements for the coin.

NAV’s coin swap to set off a chain of game changing improvements.

The goal of the NAV coin swap is to improve the performance of NAV for it’s investors and give us the code base to launch NAV into a strong future. Our future will be development heavy; we pride NAV on being a tech strong coin and we like keep on the cutting edge of altcoin technology, after all we are nerds. -NAV Development Team

The freshly skinned NAV wallet in trademark colors blue and purple is not just a pretty face. The New NAV wallet includes:

  • the capability to connect to Bittrex with API keys to trade NAV directly from within the wallet;
  • encrypted private messaging from wallet to wallet;
  • the ability to look up transactions from directly within the wallet;
  • The direct connection with Bittrex surely looks pretty smooth. You can see the current market orders, place and cancel orders as well as see your trade history.

navcoin_new_wallet_linux_

Top on the list is Bip 32 – Hierarchical deterministic wallets

Bip 32 is considered one of the key updates in moving crypto currencies forward into a modern user-friendly place. It is the capability to generate wallet addressed from a single private seed, which allows the user to regenerate key pairs from the seed if the wallet is lost. Thus back up frequency is reduced. This wallet generation method is compliant with web & mobile wallet standards. The NAV team has indicated the mobile and web wallet build is high on their list of priorities.

Bip 38 -passphrase protected private key

Bip 38 is the capability to encrypt and encode a passphrase protected private key; typically intended for use on paper wallets and physical coins. Users will now have the option of passphrase encrypted secure offline storage.

Bip 100 – floating block size hard unit

Bip 100 increase the maximum block size to 20MB, and the maximum size for mined blocks to 10MB. The Block size will be dynamic and change in response to the volume of transactions. This future proofs the coin to be capable of handling all the perceived future transaction volumes.

NAV Coin Development Team announced their coin swap on the 14th of April on the NAV Bitcointalk forum thread. Instantly causing a stir among altcoin investors. NAV Coin developer Craig Macgregor said:

We’re very happy to giving back to our investors and NAV traders.

The team have also expressed to the forum their intention to follow up the coin swap improvements with software downloads for a raspberry pi staking unit, as well as what will be the worlds first fully anonymous mobile wallet. This extra layer of improvements is being dubbed by the community as ‘NAV 2.1’.

The coin swap will be handled by well known exchange Bittrex who have already handled multiple coin swaps in the past. The coin swap date is set for 31st May 2016. To swap your coins, send them to your Bittrex account anytime between now and 31 May 2016 and they will be automatically switched to the new coins on 31 May. All current investors are advised to send their coins to Bittrex before that day.

You can see more details about NAV Coin and it’s upcoming updates on: http://navcoin.org/

The post Cryptocurrencies’ dark horse NAV Coin to swap for a thoroughbred appeared first on Bitcoin Garden.

Komentar

Posting Komentar

Postingan populer dari blog ini

Transformation of education in post-industrial society

Gambar
Education has always been an expensive privilege; and the education sector has always been one of the most conservative. People chose profession once in their life and did not change it until retirement. Usually education meant studying at a university; self-taught people were rare. However, in the post-industrial society changes in the shape, sense and affordability of education finally began. According to Alvin Toffler, a well-known US sociologist, the emergence of the post-industrial society is a consequence of the intellectual revolution. The possession of knowledge and information will replace financial capital as the biggest value. Development of innovations, empowered by the most educated, will become the most important sector of economy. It means that high-quality affordable education will become even more important than now. The last time when the global education experienced a serious transformation was at the very beginning of the 21st century when the wide access to the I...
Baca selengkapnya

Blockchain Supply Chain Forum will be held on January 10th in Hong Kong

Gambar
The concept of a blockchain – a distributed, tamper-proof and time-stamped database of transactions that can be managed without intermediaries – is highly attractive in the supply chain domain, and the industry has launched a number of proof-of-concept initiatives. However, awareness of how blockchains work and what they can accomplish for supply chain is still relatively low. The lack of knowledge is exacerbated by the fast pace at which the technology is evolving. A success Blockchain Supply Chain Forum was held on October 24th in Shanghai, professional blockchain organizer EventLinker and Global Supply Chain Council will organize the Blockchain Supply Chain Forum on January 10th in Hong Kong, it is the forum connecting blockchain experts, supply chain and logistics decision makers and tech innovators. This intimate gathering will explore how companies are investigating the use and deployment of the technology to help their supply chains in China. Organizer: EventLinker ...
Baca selengkapnya

After GDPR effect? In A Post Cookie World, Blockchain Is Rising

Gambar
The European General Data Protection Regulation (GDPR) was rolled out in May this year. It introduced far-reaching implications for companies which process personal data related to EU citizens. Even those far outside the EU could not fail to notice this change. Email inboxes were overflowing with opt-out reminders. Cookie banners now obscure many websites, forcing users to agree to a privacy policy so that they can browse the content on the site. Although the GDPR document itself clocks in at 88 pages, the majority of what it covers can be summed up in one word — consent. If companies are processing personal data, it must be done with the explicit, informed consent of the individual. For some forms of marketing, such as email subscriber lists, this involved minimal changes. Individuals already have to take the active step of providing their email addresses, and usually it is pretty clear why they are asked to do so. However, for the digital advertising industry, consent is far less ...
Baca selengkapnya