NAV

NavcoinNAV

Rank #566
Coin
On 7,381 watchlists

Presyo ng Navcoin (NAV)

₱31.90
0.29%

0.00001188 BTC0.10%

0.0002998 ETH2.01%

Mababa:₱29.84
Mataas:₱33.33
24h
NAV  Navcoin NAVPrice: ₱31.90 0.29%
Market Cap
₱2,280,160,209
0.30%
Fully Diluted Market Cap
₱2,280,160,209
0.29%
Dami
24h
₱63,286,388
37.77%
Volume / Market Cap
0.02776
Umiikot na Supply
71,481,335 NAV
Sagad na Supply
--
Kabuuang Supply
71,481,335

Navcoin Chart

Loading Data

Please wait, we are loading chart data

Live Data ng Presyo ng NAV

Ang presyo ng Navcoin ngayon ay ₱31.90 PHP na may 24 na oras na trading volume na ₱63,286,388 PHP. Ang Navcoin ay tumaas nang 0.29 sa nakalipas na 24 na oras. Ang kasalukuyang ranking ng CoinMarketCap ay #566, na may market cap na ₱2,280,160,209 PHP. Ito ay may circulating supply na 71,481,335 NAV (na) coin at ang max. supply ay hindi available.

Ang mga nangungunang exchange para sa palitan ng Navcoin ay kasalukuyang Binance, HitBTC, Bittrex, BITEXLIVE, at CoinDCX. Makikita mo ang iba pang nakalista sa aming crypto exchanges page.

What is Navcoin?

Navcoin (NAV) is an open-sourced digital currency with privacy-enhanced features. Transactions that occur on the blockchain of Navcoin are made in a peer-to-peer fashion with no need for intermediaries. Following the release of Navcoin Core 6.0, it’s possible to store and transact coins both publicly (NAV) and privately (xNAV). When making a private transaction, it will not be possible to link the transaction to its sender or receiver, or even view the amount that was sent. This is made possible by Navcoin’s self-developed privacy protocol called Boneh-Lynn-Shacham Confidential Transactions (blsCT).

Navcoin was invented in 2014 and had no pre-mine or ICO. With block times of 30 seconds, one can stake their coins to earn rewards through Proof of Stake Version 3 (PoSv3) for helping to secure the network. Navcoin’s current spendable supply is 69M NAV with a block reward of 2.5 NAV, hence a decreasing inflation model. From the 2.5 NAV, 2 NAV are redirected to the staker who found the block, and 0.5 NAV are accumulated in a decentralized treasury used to fund community initiatives based on the outcome of DAO votings. Navcoin’s decentralized autonomous organization (DAO) enables the community to be self-funded through its treasury, self-guided through consultations, and self-governed through consensus changes.

What is the difference between NAV and xNAV?

NAV and xNAV each represent a currency on Navcoin’s network. NAV is the public coin used for transparent payments, staking and governance, and xNAV (based on blsCT) is the private coin used to hide payment details from external observers, unless they are authorized to see the transaction history through a shared view key. NAV can be purchased or traded on exchanges, and then swapped to xNAV at a 1 to 1 rate.

How is Navcoin’s privacy-enhanced features achieved?

Navcoin enables private transactions via xNAV built on top of their self-developed privacy protocol blsCT that merges Boneh-Lynn-Shacham (BLS) Signatures and Confidential Transactions (CT). BLS enables a group of signatures to be compressed into a single compact signature that can be used to authenticate the entire group, thus effectively helping to shield the origin of a transaction. CT is a well-established privacy protocol used to obfuscate the amount of coins in a transaction. In addition to blsCT, xNAV further ensures personal privacy by using Stealth Addresses, public-key cryptography and the innovative Dandelion++ protocol. Stealth Addresses are private addresses which ensure complete privacy for the receiver of a transaction. Dandelion++ is a communication mixing protocol which breaks the link between a message and its source.

When using blsCT, two xNAV transactions can be merged into one, and transactions can be aggregated an infinite number of times. This allows Navcoin to scale effectively and support a high quantity of transactions across the network and users’ transactions are completely shielded and untraceable. Anyone trying to monitor transactions being made through Navcoin’s network is unable to tell if a transaction has been aggregated or not, and users are able to merge their coins with other individuals making transactions. When doing so, a user’s wallet uses Dandelion++ to send an anonymous request for coins from other nodes. These nodes can then connect and communicate between them using public key cryptography to broadcast the session and their coins to mix. From those, the sender can randomly select several coins from the responses received. These coins are in turn mixed together with the original user’s coins, and then sent to the network, and this system ensures true privacy while also enabling anyone who helps to facilitate the mixing-process by providing liquidity to receive a fee for their service, and generate a passive income.

How is Navcoin’s network secured?

Navcoin’s network is secured by a Proof of Stake (PoS) consensus mechanism, which means that anyone can use their NAV to help validate transaction blocks. The PoS mechanism is inclusive in nature and allows all community members to act as network validators. By comparison, the Proof of Work (PoW) consensus mechanism that Bitcoin uses requires miners to operate powerful computers that are able to calculate huge mathematical problems in order to process transactions. The first computer that ‘solves’ the problem receives a reward for doing so and this mining process requires expensive hardware, access to cheap electricity, and is extremely energy intensive. PoS does away with these resource intensive requirements and a 5v Raspberry Pi can successfully take part in staking on the network.

How is Navcoin’s network governed?

In addition to helping to secure the network, Navcoin’s PoS consensus mechanism enables all public NAV holders to get involved with governing their platform. There is no central authority controlling Navcoin, and community members play a crucial role in maintaining a fair and decentralized system of decision making. As a result, Navcoin operates as a Decentralized Autonomous Organization (DAO) with all protocol administration and consensus changes being subject to an open voting system. All community members holding their NAV on the public side can participate in the DAO by staking their coins, and each stake is the equivalent of one vote. This gives each wallet holder a say in protocol governance, and allows them to vote on any proposals that arise. To ensure widespread participation, there is also no minimum staking amount required for anyone to take part in voting. Navcoin’s governance system also incorporates a decentralized treasury to ensure that contributors and projects can be compensated and funded by the network.

New to cryptocurrencies? See CMC’s Crypto Basics

Learn more about other privacy coins such as Monero, Zcash, Firo and Grin

Find out more about Navcoin by reading their blog or by watching their introduction video

Want to look up a transaction? Visit Navcoin’s block explorer

converter-coin-logo

NAV

Navcoin

converter-coin-logo

PHP

Philippine Peso

Istatistika ng Presyo ng NAV

Navcoin Presyo Ngayon
Presyo ng Navcoin₱31.90
Price Change24h₱0.09158
0.29%
24 na oras na Low / 24 na oras na High
₱29.84 /
₱33.33
Volume ng Pagte-trade24h₱63,286,387.86
37.77%
Volume / Market Cap0.02776
Dominance sa Market0.00%
Ranggo sa Merkado#566
Market Cap ng Navcoin
Market Cap₱2,280,160,209.16
0.30%
Fully Diluted Market Cap₱2,280,160,209.16
0.29%
Navcoin Presyo Kahapon
Low / High Kahapon
₱31.14 /
₱34.50
Pagbubukas / Pagsasara Kahapon
₱32.88 /
₱32.50
Pagbabago Kahapon

1.16%

Dami Kahapon₱49,154,280.08
Navcoin Kasaysayan ng Presyo
7 araw na Low / 7 araw na High
₱29.61 /
₱39.48
30 araw na Low / 30 araw na High
₱27.66 /
₱46.12
90 araw na Low / 90 araw na High
₱8.38 /
₱60.77
52 Linggong Low / 52 Linggong High
₱3.56 /
₱60.77
Pinakamataas
Jan 07, 2018 (3 years ago)
₱267.45
88.07%
Pinakamababa
Oct 31, 2014 (6 years ago)
₱0.0247
129044.81%
ROI ng Navcoin

15453.45%

Navcoin Panustos
Umiikot na Supply71,481,335 NAV
Kabuuang Supply71,481,335 NAV
Sagad na SupplyWalang Datos