Re: ★[ANN] [NAV] NAV COIN - ANONYMOUS TECH. ● ANDROID WALLET LIVE ● NAV 2.1 SOON

We are using a different system, using a Subchain to transport sending information from one node to a random other node. Using this we break the information on the nav blockchain. There is no transaction between you amd receiver, which can be traced, since the recipient do not get the coins you did send.

The working principles of these anon coins are really confusing. Sometimes I wonder whether these principles actually really work. For example, when you just do a mixing like Dash ... then you mix 3 transactions. But if I send 9.34313 Dash via a Masternode to B, then B will receive exactly 9.34313 Dash. How big are the odds that around that time someone else also sends this exact amount of Dash ? So it makes the mixing a useless operation. Or did I misunderstand something ?

Monero has a more complex scheme. I don't know the details for sure, but I remember it had something to do with a bunch of addresses that are generated and your money will be send in pieces over all those addresses and then from those addresses it will be send to the receiver. Take the encryption away, and then I still think you can find out who send the coins. If B receives 2.7 XMR from a 10 addresses ... then you know that this sum probably comes from the same source addresses. So if you trace back, you can easily find who sent the coins. Fortunately for XMR it uses encryption. And that's where its value can be found. Again ... did I misunderstand something ?

NAV uses a subchain. But if you take away the encryption then it is again possible to trace back who sent the coins. The decoupling via the subchain doesn't help much. You know that at 16.00 h 9.35 NAV has been sent to the subchain and that at 16.01 h someone received 9.35 NAV. So not difficult to trace back. But the strength lies in the encryption. So nobody can see how much you sent, which makes it impossible to trace back who sent the coins.

I openly admit I know nothing about these cryptostuff ... but following my logic I don't see why there is this mixing and subchain. At this moment with my limited knowledge, these things look rather useless. The strength comes only from the encryption schemes. Please, if I am not right, correct me. I am always happy to learn something. These anon coins are interesting

Dear Diago,

Thank you very much for your kind questions, let me answer them one by one.

NAV ANON is in no way associated with DASH technology or masternode systems. It currently uses a Gateway to channel through particular transaction , this transaction information is encrypted and channeled through a subchain , where the transaction is then processed and directed to the destination address where the transaction arrives at the destination address in clusters. And there is in no way mixing used in the process where transactions are mixed to obtain an untraceable advantage. For the fact that our model itself is untraceable.

Double encryption is used in the channeling and throughout the entire process.

1. No-mixing - Due to the fact that the model of channeling doesn't require such process.

2. Untraceable - Due to the fact that there won't ever be 1 transaction of the same kind anywhere on the network.

Please do let me know , if you need further clarifications.

Warm Regards,
~SoopY~

Hello soopy,

I really tried in good faith. But it seems you people try to avoid a clear explanations how your system will work.
I read your "whitepaper" which is a graphical illustration at best (it looked like someone watched to much stargate the series). We neither see code, maths or talking about possible attack vectors etc. Pp.

I will just wait for your new "whitepaper" or a clear explaination until then i would say be careful to not be a future bagholder.

Also what is this claim about a fast/instamine?

Hello criptix,

in all respect, but what do you expect to get? As already anounced by pakage we are going to bring all this open source soon. He is bringing weekly updates about his progress and also giving more and more technical details on his posts.
The "old" whitepaper is quite detailed about the processing of the anon transaction in comparision to a normal transaction. As you perhaps understand we won't give code or something to public until it is under open source license. As you said, you have to wait to the new whitepaper.

regards
shahim

Look shahim, i dont really want to talk you people bad but your actual whitepaper is not good at all.
It is really more or less only a graphical illustration which doesnt say much.
For example look at the zcash whitepaper here and their coin is also not released yet:

http://zerocash-project.org/paper

But like i said i will wait for your new whitepaper.
Please surprise me.

Hi Criptix,

Indeed your intentions might be of the same and so are ours in explaining to you the same over and over again with no avoidance , please have some respect for that.
As for your criticism , please take into account that we did not just come out of the blue nor , NAV ANON came out yesterday , its been there for the last year or more. However much we respect people's opinions , we expect the same respect when it comes to what we do. And I don't see either.

The new whitepaper is something that we are presenting regards to the upgrading of ANON and where everyone can take part of it and gain.

As per your assumption of what a whitepaper should , it is as always subjective and objective specific , therefore it can sometimes be as simple as anyone can understand or as complex as no one can understand.
We've done our best to keep it to what it is , so that people actually know what they are working with. A whitepaper is more or less useless if you and I can't agree to disagree on anything.

NAV ANON is what NAV ANON is and if you are trying to compare that to something that you have seen elsewhere then I'm sorry but you haven't see what it actually is or its uniqueness.

There's nothing that's worth if its not practical , however much whitepapers one writes , if the tech doesn't work its not worth it , when it comes to NAV we've focused on the practicality and to an actual point where people can experience Anonymity hands on. This is what we look forward to.

Ofcourse we always tend towards keeping everyone informed on the work plans and theoretical aspects of them same.

Warm Regards,
~SoopY~