Hello!
What is NAVcoin block time?
I am trying to understand this project - what is the MAIN (one) feature (advantage) of NAVcoin project?
On website navcoin.org - I can see multiple features, but non can shine enough.
Hi m1000.
Nav has different approach to Anon/Private transactions compare to other coins. It's called NavTech and it fully disconnects sender from receiver by using a cluster of two servers running a decentralised subchain. Users can set up their own servers and process those transaction and earn a fee for that. The amount of coins that a cluster of servers depends on the amount that the user has. And while the user does this process, they can earn rewards on those coins since NAV Coin is a PoS coin. The blocks get generated by the wallet itself and the reward is up to 5% per year.
User have the choice to decide if they want to send anon or not. Anon send takes up to 2 minutes and normal sends about 30 secs.
The block time es 30 secs.
At this time DEV team is upgrading the Core to bitcoin 0.13 which will allow new features like Segwit, merchant adoption, etc
Also they are finishing a Raspberry Pi Staking image so generating blocks will take less than 5 volts.
Among the future projects there's on in partnership with Instant Exchange Changelly called Polymorph that will allow any ALT or BTC to be anonimised by using NavTech and Dapps which will allow user to create anon apps.