Post
Topic
Board Announcements (Altcoins)
Re: ★[ANN] [NAV] NAV COIN - NAVTECH NOW DECENTRALIZED!
by
gtzanap
on 20/10/2017, 17:40:12 UTC
A crypto home-brother of mine put me onto NAV in the midst of the epic rise to 40k last month. I've been following ever since, just waiting for an ideal entry, which i was luckily granted when NAV dipped below 12k sats Smiley

For a coin from 2014, I don't think one can find a much better historical chart. It's a pretty amazing chart from day 1 in '14!!

Just got my wallet synced up, which went much quicker than expected. Kudos on that as well! I'm now ready to encrypt, send coins and begin staking

With all that said, I'm curious as to why I was able to vote without having any coins in my freshly synced wallet. Seems it would make more sense to only allow wallets containing X number of NAV to have a say in network decisions. If someone could clarify, I'd appreciate it.

Or, please correct me if I'm failing to understand something here.

peace!

From what I read, it's stake based voting, which means, you get one vote every time you create a block on the chain.

Therefore you can't vote without coins because you can't stake. All you did was probably choose the voting option for each case you actually get a stake.

That also means that having a large balance and choosing the option in voting means nothing if your wallet is not staking