NavCoin
$0.12724 -0.98%
NAV · 136w

NavCoin Is Vying for a Top Spot Next to Bitcoin!

There’s no question that bitcoin is the top dog in the cryptocurrency world, and will likely remain so for the foreseeable future. With the implementation of the lightning network, many of the issues crippling the scalability of bitcoin transactions will likely be resolved. While many believe Litecoin will ultimately solidify a position as bitcoin’s number 2, due to its ability to quickly innovate around bitcoin’s vision, popularity in transfers and growing integration as a payment platform, there are other interesting projects that are vying for the spot.

Meet NavCoin, a decentralized proof-of-stake (PoS) cryptocurrency based on the Bitcoin Core. On top of a solid foundation, NavCoin offers modern, easy to use wallets which are packed with high-tech privacy features.

Here’s a quick run-down of the major NavCoin features, as compared to bitcoin:

— Faster transactions times (30 seconds versus 10+ mins). — Low cost transactions (only 0.0001 NAV). — A Proof of Stake wallet, that doesn’t require a huge server to run. Even a 5V Raspberry Pi can run it. Which ensures that mining remains decentralised. — Users earn a 5% yearly return on the amount in their wallet simply by staking. — Optional, but fully anonymous transactions. Nav Coin uses RSA algorithm for privacy which is widely studied and very safe. — A highly active development team, with updates sent out every week. — SegWit has been voted on & activated by the community. Which will lead to huge advances in the tech e.g. ability to use Lightning Network (aka private + instant tx) — We’ve built trust the hard way – by being around for 3 years now, and with no intention of stopping. — A partnership with Changelly that will allow people to switch between different crypto-coins instantly & anonymously. — Projects in the pipeline that will make Nav Coin much more than a simple currency – such ...
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