Nav Coin Details + Nav’s New White Paper: the Cheat Sheet

  • Nav Coin’s Q1 Software Launch

    Nav Coin continues to earn its place in the market as the currency goes from strength to strength. In 2016, they released the innovative NAVTech private payment platform and NAV became the 3rd most profitable cryptocurrency of the year. 2017 is already another record year for Nav Coin and they round out Q1 with a bundle of great software releases, a fresh new look and a strong project roadmap filled with premium projects.

    Nav Coin Core 4.0.0

    This is the big ticket item for the Q1 releases.

    Nav Coin Core 4.0.0 is a complete wallet rebuild that has been forked from Bitcoin 0.13. It has modernised Nav Coin’s core with lots of new features, and provides a great base for the Nav Coin Development Team to continue with the 2017 Roadmap.

    The upgrade gives Nav Coin Core all the latest API commands which Bitcoin implements. This makes it compatible with more software and services than ever before. This includes the API’s necessary for Nav Coin to start their Copay fork which will end with a beautiful set of Mobile and Web Wallets that are also capable of sending NAVTech Private Payments.

    The new wallet focuses on simplicity. A lot of the complicated, unnecessary features have been removed and it has been streamlined with an installer. There is also now a graphical way to set up & manage the NAVTech server list which was previously managed through the configuration file.

    The Nav Coin Core 4.0.0 wallet will be available for download on the 31st of March from the Nav Coin website:

    Key updates

    • First Bitcoin 0.13-based fork with POS consensus algorithm.
    • Faster and more robust syncing between nodes.
    • Multi-signature addresses.
    • New GUI with cleaner design.
    • Easier Tor integration.


    Nav Coin have developed the NavPi — a Raspberry Pi that runs the latest version of Nav Coin Core.

    The Raspberry Pi is an energy efficient and convenient way to earn your Proof of Stake rewards without having your laptop or desktop constantly on. You plug it in, send it your coins, and it earns you money 24 hours a day — while only using minuscule amounts of power.

    Mining Nav Coin has never been simpler or more cost effective.

    It comes with a web interface which can be accessed from your network, and will allow you to send & receive NAV, encrypt your wallet, and stake coins — all the functionality you get from a full node wallet.

    You can even send NAVTech private payments directly from the NavPi!

    Here’s why this is a great way to grow your NAV investment:

    • You’ll earn a 5% return on the amount of NAV you have.
    • It’s always on and cheap to run
    • Includes the latest version of Nav Coin 4.0.0 — which has been updated with all the latest features in Bitcoin 0.13.

    The NavPi image will be available for download on the 31st of March from the Nav Coin website:

    NAVTech 1.1

    NAVTech is Nav Coin’s private payment platform which is decentralised, open source and and completely anonymous. Transactions are encrypted and broadcast over our secondary blockchain called the Subchain — which provides full anonymity.

    Since NAVTech was decentralised in December, the Development Team have been refining the code and increasing test coverage. This updated software has been tested and deployed on the official NAVTech servers and will be distributed to the public on the 31st of March.

    These improvements pave the way for Nav Coin’s ultimate goal of combining the Nav Coin & Subchain blockchains along with the NAVTech processing scripts into the Multi-chain NAVTech Wallet as seen on the project roadmap.

    When this Multi-Chain NAVTech Wallet is completed later this year, running a NAVTech node will be as easy as checking a box inside your Nav Coin wallet and you will be able to earn extra rewards for participating in the Private Payment Network.

    Website Redesign

    Nav Coin have also released a new version of the Nav Coin website today, which aims to support their wider marketing activities going forward.

    The main changes have been updating the visuals, and tidying the content to be more user friendly & easier to understand.

    There is still a long list of refinements, which will be rolled out over the coming months — including new content, how-to guides, and more regular posts from the team. But this relaunch will help give the brand momentum to move forward with.

    A standout new feature of the website is the addition of instant Credit Card purchasing of NAV using Changelly’s Instant Exchange Service.

    Check it out at


    It’s been a busy few months for Nav Coin, but their hard work is paying off.

    With some new hires in the team, and lots of new energy, Nav Coin is kicking things up a notch as they move onto some really exciting projects which will really continue to set them apart.

    To make sure you stay in the loop, by getting involved in the Nav Coin community channels (Slack and Telegram), and follow them on Twitter & Facebook.

  • Nav Coin Raspberry Pi Stakebox tutorial

    In this tutorial is shown how to setup a Nav Coin Raspberry Pi Stakebox.
    The tutorial is done in Windows 10 and using a different OS might come
    with minor differences.

    The software needed is:

    Win32 disk imager: Putty: SD Formatter:

    You can download the .ISO file from:

    Used commands: sudo raspi-config (2:38) sudo iwlist wlan0 scan (3:17) sudo nano /etc/wpa_supplicant/wpa_supplicant.conf (3:28)

    network={    ssid=”The_ESSID_from_earlier in my case DREAMFALL”    psk=”Your_wifi_password” } (3:49)

  • NAVcoin The Wheels Keep on Turning at Nav Coin HQ

    It really has been a massive week for Nav Coin this week. We have seen the release of our 4.0.0 Core wallet, NAVTech 1.1 and the NavPi from the development team. Alongside our great new website, Q1 press release and the social media competition from by our awesome new marketing team.

    We have moved a lot of projects from in progress to completed and have also started on our next batch of projects.

    You can have a look at what we’ve ticked off here:

    Alex has begun work on our full suite of Mobile & Web Wallets based on the Copay source code. Copay is an amazing javascript based wallet which will provide us with a great platform to build our Nav Coin wallets on top of.

    Victor is going to look at improving our NavPi, streamlining the interface and improving performance. This means a full redevelopment using Angular2 served by NodeJS.

    Guy is comparing supplier options for sourcing and supplying NAV branded NavPi units on the Nav Coin Store. These will ship with the image pre-loaded onto the memory card so all you will need to do is plug them in and send the coins.

    Craig is busy preparing to present his talk “Exploring Private Cryptocurrencies” for the Bloktex conference this weekend in Kuala Lumpur. Once he gets back from KL, he will begin to work rebuilding the Subchain aligning it with the new core code base. This will mean restarting that blockchain and is a vital step toward integrating the Subchain into the Nav Coin wallet.

    If you’re near KL, you should definitely head along to the conference:

    Kieren has been largely focused on helping with the Q1 release schedule since being onboarded. He has been a huge help with our new website, the Q1 press releases and also our very successful social media campaign. With that pressure off, the marketing team can now refocus on the wider branding message and marketing strategy. The first step is to formalise a marketing roadmap and present our marketing plan.

    You can see all the things we’ve started this week here:

    We may have been a bit quieter than usual this week online due to the team having a couple days of hard earned rest after our successful (but very demanding) Q1 launch. As you can see, we still have made a lot of progress and as always, the wheels keep turning at Nav Coin HQ.

    We have a lot of great projects in the works and lots of amazing things lined up for the rest of the year. So stick around and come on this journey with us.

    Talk soon, Nav Coin Team

  • Navcoin Updates To The Wallet & Marketing Progress

    Even with Craig away at the Bloktex conference, there’s been a lot going on behind the scenes.

    Update from the Dev team

    We’ve made available a revised version of our wallets, which provides fixes to some of the network issues we’ve had in the last week. Every 4.x user is required to update to this version to attach its node to the right chain. Update of 3.x clients is not strictly required but highly recommended.

    How to Update:


    • Backup your wallet.
    • Close NavCoin Core if it is open.
    • Remove the folders ‘chainstate’ and ‘blocks’ from:
    •      WINDOWS ->  C:/Users/<USERNAME>/AppData/Roaming/NavCoin4/
    •      MAC -> ~/Library/Application Support/NavCoin4
    •      LINUX -> ~/.NavCoin4/
    • Download new version from, install and run.


    • Backup your wallet.
    • Close NavCoin Core if it is open.
    • Remove the folders ‘chainstate’ and ‘blocks’ from:
    •      WINDOWS ->  C:/Users/<USERNAME>/AppData/Roaming/NavCoin2/
    •      MAC -> ~/Library/Application Support/NavCoin2
    •      LINUX -> ~/.NavCoin2/
    • Download new version from, install and run.


    Update from the Marketing team

    After the successful release of the new website & the competition which drove nearly 5,000 actions (tweets, likes, etc), we took a step back to strategise and plan our marketing approach over the coming 6 months.

    Our key focuses over this time:

    • How we will connect with influencers in the industry.
    • Developing a content strategy for how & where we put out content, to reach new audiences.
    • Optimising our existing channels (such as Facebook, Twitter) to gain as much exposure as possible.

    We’re putting all the pieces into place, so that going forward we have a solid plan to make the Nav Coin brand much more visible. We’ve lined up the next few pieces of content, so will be starting to create these shortly.

    Update from Craig

    As you may know, Craig gave a talk at the Bloktex conference in Kuala Lumpur in the weekend, and from the reports of things it went very well! He’s taking a few well deserved days off, and then will be back into the full swing of things at the end of the week.

    Talk soon,

    Nav Coin team

  • Navcoin Important Wallet Update & Weekly Report

    This week the development team have been focused on optimizing the new Nav Coin Core and making sure that it is providing the network stability we need to move forward. We were hoping to move onto some new projects this week but with our primary focus on the core optimization, we will be kicking off our next projects over the coming days.

    We have recently released v4.0.1.1 which has improved network stability. If you are using any other 4.0.x or 3.x version can you please immediately update to the latest version and begin staking your coins to help the network.

    Apart from working on the core optimization, we have also been busy chipping away at a couple other objectives.

    Guy has been pricing up options for us to stock pre-built & pre-configured NAV branded NavPi units in our online store. So far his research has come up with some good options and we are hoping to finalize a price and order our first batch in the coming weeks. This will make earning NAV staking rewards even easier as you will be able to order the complete unit from the store. All you will need to do is plug in the power and send it some NAV to stake.

    One of the contacts Craig made at the Bloktex conference was with Wirex who provide cryptocurrency charged MasterCards. Wirex have shown interest in getting Nav Coin onto their debit card platform and have offered their assistance to make it happen. We have opened a dialog with Wirex who are powered by Shapeshift behind the scenes. Hopefully this leads to Nav Coin getting added to Shapeshift and subsequently to the Wirex debit card platform. We can’t guarantee an outcome at this stage but it is an avenue we are keenly pursuing.

    The projects we will start to plan and work on next week are;

    The CoPay Fork which gives us fully functional web and mobile wallets.

    Rebuilding the subchain to align its core with the new Nav Coin core and prepare to bring both chains into a single multi-chain wallet.

    Rebuilding the front end of the NavPi StakeBox using JavaScript instead of the PHP & Apache service which is currently running on there. This will lead to better performance of the front end and also a less cluttered User Interface to make it even simpler and easier to use and keep up to date.

    Our marketing team continues to work on our overall branding and marketing strategy while preparing press releases for our upcoming features.

    That is all we have to report for this week. Expect a more productive week next week as our Lead Developer Craig leads the charge after returning from Kuala Lumpur.

    Talk Soon,

    Nav Coin Team.

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