NavPool Cold Staking Platform Launched
In this weeks news the NavCoin cold staking platform NavPool has officially been launched, the community funded marketing campaign All Eyes on Us is about to hit the web and we keep you up to date with the latest development progress and community discussions.
This week's top storyNavPool Cold Staking Platform LaunchedNavCoin Developer prodpeak has officially launched his new non-custodial NavCoin cold staking platform called NavPool. NavPool takes advantage of NavCoins dual key cold staking capabilities by allowing the pool to stake coins on behalf of users, while the user always remains in control of the coins for spending.
Setting up an account is anonymous with no email address required for sign up. To stake coins with NavPool, you will need to download the NavCoin Core wallet to generate a spending address for cold staking and cryptographically prove you own the address. NavPool then creates a cold staking address for you to send you coins to and start staking.
NavPool also integrates voting for Community Fund proposals and payment requests. Once your coins are staking you are able to cast proposal votes which will be assigned when your coins stake a block on the network.
The NavPool has already accumulated over 450,000 NAV in its staking pool in just a few short days since it was launched. The ease of not having to run your own full node combined with the security of a non-custodial cold staking service seems to be popular, especially with smaller stakers.
NavPool is offering a 1000 NAV prize to one lucky staker to celebrate the launch of the pool. See the website for more details on the competition and to register for the pool.
https://www.navpool.orgAnd dont forget to follow
@nav_pool on twitter for all the latest updates.
More in this week's Community News- All Eyes on Us Marketing Campaign
- The Privacy Debate Continues
- NavCoin Core Progress Report
- Community Fund Update
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