What Is NavCoin
NavCoin is an open-source, blockchain based Proof of Stake cryptocurrency. Its design is public, nobody owns or controls NavCoin, and everyone can take part. It’s a platform that’s run by its users, for its users - with an incentivised network of nodes verifying payments all around the world.
There are no banks or intermediaries that run NavCoin, and no one you need to deposit your money with. All payments are peer to peer, and managed by your wallet. Unlike the current system, you have total control of your money, and a say in how the network is run. Blockchains by their nature are public ledgers that allows anyone to view every transaction ever sent, which makes privacy a challenge. NavCoin is dedicated to providing privacy for users, so that your information can only be given with your consent, not taken. Security is the number one priority for NavCoin, which makes cold staking an important upcoming feature to be implemented. Instead of having all your coins connected to the internet - this allows you to participate in staking the network, while also keeping your coins offline for added protection. With nodes all around the world, the NavCoin network is running 24/7. As long as you’re connected to the internet, you can send & receive payments anywhere in the world, at any time of the day, with no downtime - making it ideal for digital commerce. You can personalise your wallet using OpenAlias, which allows you to create an email-style address for your NAV. The service is built on top of the worldwide DNS service to convert a domain name into a cryptocurrency address, making sending a payment easier than ever. In the digital economy, sending payments around the world should be fast, cheap, and easy to do. NavCoin can be sent for a fraction of a cent, will show up within seconds (confirmed in 30 seconds), and there are a range of wallets designed to make sending NAV effortless.Why Are People Using NavCoin?
It's cheap, fast, eco-friendly and privacy focused.
Be your own bank
Privacy
Cold staking
A network that never sleeps
A human readable address
Frictionless payments
History Of NavCoin
NavCoin is a community-run network that was started in 2014. It initially used Proof of Work, but quickly made the shift to Proof of Stake. With no ICO or premine, NavCoin has always been self-funded to ensure a fair distribution and that everyone has a chance to get involved.
A cheaper way to pay for goods & services - with no expensive chargebacks. If you’ve got space to add a QR code, you’re able to accept NAV - it’s that easy. Projects can be held accountable to stakeholders through transparency of spending. Low-cost money transfers makes doing international business even easier. Create a shared account with family or friends, with a range of security options. NavCoin doesn’t require any central authority to run - meaning your money is in your control.How To Use NavCoin
A programmable currency for the web3 era, with a range of use cases.
Buying goods & services
Digital tip jar
Transparent funding
Borderless payments
Multi-person wallets
Store of wealth
NavCoin is an ecosystem of different teams and projects - allowing for a number of ways to get involved. NavCoin’s Community Fund allows contributors to get paid by the network for their efforts. Which aims to collaboratively research the PoS protocol - alongside PivX, Blackcoin, Particl, Komodo, and more. NavCoin Protocol Improvement Proposals (NPIPs) are the research playground where cryptographers, economists, and developers collaborate. Digitizing money allows it to be programmable, automatable, and interactable in new and interesting ways. You don't need to sign up with anything in order to accept payments. It's as easy as showing your address or QR code!A Developer-Centric Community
Making it easy for developers to get involved.
Lots of ways to get involved
Community fund
Proof of Stake Alliance member
Active research & development
Programmable money
An easy payment solution
Protocol Roadmap
With an active community working on the NavCoin protocol, check out the roadmap to see what's coming next.
