Post
Topic
Board Announcements (Altcoins)
Re: ★[ANN] [NAV] NAV COIN - NAVTECH NOW DECENTRALIZED!
by
guenni101
on 06/05/2017, 10:31:29 UTC
ı have some nav coıns in poloniex. should ı move them to my wallet too Huh
if you want to stake and get your 5% I would plus when you find a block you get to vote on segwit.

ı dıdnt understand what you mean %5.

ıf ı put my coıns from polo to wallet wıll ı get %5 for that process?
"Yes" you get 5%... Smiley

You have to know some simple crypto things:
"NAV" is a proof-of-stake currency... called PoS. "Bitcoin" is proof-of-work... PoW.

So with NAV you will get 5% per annum from your total coins if you stake with your open wallet and support the network. Smiley

http://navcoin.org/about-nav-coin/
Quote
Earn While You Sleep
Since Nav Coin uses Proof of Stake, you can earn up to 5% interest on your investment simply by having your wallet in staking mode.

https://en.wikipedia.org/wiki/Proof-of-stake

5% is healthy and also a good rate for holders imho. Smiley





ty for ınfo. and another questıon. ı downloaded nav wallet and setup ıt but ı cant fınd any prıvate key ın that wallet. or 12 word thıng. where ıs ıt ın nav wallet ? ty
Are you familiar with it?
Just look into debugwindow at console... type help for all commands... it is dumpprivkey "navcoinaddress".
Send all NAV to one adress before. Clear your clipboard/history after.




ım not famılıar wıth ıt.

and ı couldnt get any prıvate key. now ı have ın that wallet nac coıns. but ı d k what wıll ı do for example ıf ı reset my computer. can you explaın step by step. or any guıde for that. ty

i cant help you with that,
i think you get your answer much faster at : http://forum.navcoin.org/index.php?/forum/18-technical-supportwer much faster

ty. at last ı dıd ıt.

last questıon. how pos workıng ? should ı open wallet allways. ı mean any tıme lımıt for reward? or how does ıt work Huh

yes you have to let you wallet open an click on staking. then you will earn your navs and you are able to vote for segwit.

or you re buying a nav pi stakebox. then you didnt need to let your wallet open.
...
lets have a good nav weekend...