Post
Topic
Board Announcements (Altcoins)
Re: ★[ANN] [NAV] NAV COIN - NAVTECH NOW DECENTRALIZED!
by
Mrboot
on 28/12/2016, 22:06:12 UTC
Hello, I'm new to this so please bear with me. I read the past 10 pages of comments and the website but can't find answers to these two questions:

1. Are all parts of this coin's software fully open source with no closed source software at all?

2. How is this coin better than Monero?

Thanks!

Hi mate,

1) Yes. NavTech was decentralised a week ago
2) Very easy to use.
GUI similar to BTC. Anon send only a tick in the QT wallet.
POS stage (no mining anymore) with up to 5% interest per year. Eco Friendly.
Transparent Dev team and community.
Very Attractive price.
Multi platform. QT wallet for OSX, Windows, Linux. Android wallet.
Great roadmap for 2017 including Polymorph, Pi stake wallet, Androind anon and stake wallet. IOS wallet. etc.
Also NAV coin is the only crypto that is 100% anonymous.

Thanks for the answers! Just so I'm clear, "decentralized" = 100% open source?

Also, about 100% anonymous, Monero says they are too (and shadow, etc.). How are they not 100% anonymous and Nav is?

Each coin has a different approach to be anonymous. Monero may be difficult to trace but not impossible. Check the below to see NAV in action:
https://github.com/navcoindev/navcoin-media/blob/master/infographics/navtech-infographic.jpeg

Also since NAV is in POS stage, it is more secure than POW.


Decentralized is mostly 100% open source but it's more about there is not a single point of authority.
Like for example a bank is centralized they own your money if they get bankrupt you lose a lot.
With decentralized tech that won't happen cause there is not one control point. Your a small string in a big spiderweb some might disconnect but the web still is there.
Google decentralized in Google and go to pictures and I'm sure you will understand it after.