NavCoin (NAV)

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Description

NavCoin (NAV) is a privacy-driven PoW/PoS hybrid cryptocurrency. NAV uses the x13 hashing algorithm. NavCoin's encryption software disconnects and randomises the transaction data, removing it even from an IP address. NavCoin uses a subchain to process anonymous transactions.
 NavCoin is an easy to use digital currency - run by its community. It’s programmable money that lowers the cost of doing business in the Web3 economy. ... NavCoin has offset the carbon footprint of the network to become the world’s first carbon neutral cryptocurrency.

NavCoin (NAV) is an open-source and decentralised Proof-of-Stake Version 3 (PoSv3) cryptocurrency that aims to provide affordable and fast digital payments with a focus on privacy and simplicity. Self-funded by a community of volunteers, NavCoin launched in April 2014 with no Initial Coin Offering (ICO) or pre-mine. Volunteers can propose contributions and get paid for work through NavCoin’s decentralised Community Fund (CF).
With the CF’s dual consensus mechanism, the funding of a passed proposal will be locked while waiting for its work to be completed and then paid out if the quorum is met. Examples of CF proposals include www.navexplorer.com, the NEXT wallet, the implementation of ZeroCT (a privacy protocol), and the time when NAV became a carbon-neutral cryptocurrency. NavCoin has also added support for OpenAlias (www.openalias.org), Cold Staking to the NavCoin protocol, and released NavPay, a light wallet to store and spend NAV from a mobile device.
To find out more about NavCoin, please visit www.navcoin.org.
 

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