Copy top investors
Copy top investors
Market Cap
$0
Fully Diluted Valuation
$3,844,296.1
24 Hour Trading Vol
$0
Circulating Supply
0
Total Supply
76,939,361.5
Max Supply
∞
Navcoin Price
$0.050
24h Range
$0.050 - $0.053
Percent Change 1h
0%
Percent Change 24h
-4.96%
Percent Change 7d
82.93%
All-time high
$0
All-time low
$0
1D
7D
1M
1Y
All
Navcoin (NAV) is a cryptocurrency that focuses on providing secure and private transactions through its innovative technology. Launched in 2014, Navcoin utilizes a dual blockchain structure that separates its transaction and governance layers, allowing for enhanced scalability and improved transaction speeds. The platform is designed for fast, low-cost transactions and emphasizes user privacy by employing advanced cryptographic techniques like Zero-Knowledge Proofs. With a current market cap of approximately $10 million as of early 2024, Navcoin continues to position itself as a viable alternative in the crowded cryptocurrency space.
Navcoin was founded by a group of developers led by Craig MacGregor and other community members. The project was initially developed with a strong focus on decentralization and community involvement. Over the years, the Navcoin team has evolved, with contributions from various individuals across the globe, fostering a diverse ecosystem of developers and supporters. The project's governance model encourages community feedback and collaborative decision-making, which is essential for its continuous improvement and adaptation in the crypto landscape.
Navcoin operates on a unique dual blockchain system. The primary blockchain handles transactions, while a secondary governance blockchain manages network upgrades and community proposals. This structure allows for a more efficient transaction processing system and a democratic governance model. Navcoin employs a Proof of Stake (PoS) consensus mechanism, which enables users to earn rewards by staking their NAV tokens, thus securing the network without the energy consumption associated with Proof of Work. Additionally, Navcoin's integrated privacy features, such as encrypted transactions and anonymous addresses, ensure that users can maintain their financial privacy while using the platform.
Through its PoS model, users can stake their NAV tokens in a wallet to participate in the network’s consensus process. This staking not only secures the network but also allows users to earn rewards, typically ranging from 5% to 10% annually, depending on the amount staked and network conditions.
Navcoin has several key use cases that highlight its capabilities:
Securing your Navcoin holdings involves several best practices:
Investing in Navcoin (NAV) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Navcoin: Once your account is funded, you can purchase Navcoin directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Navcoin using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Navcoin (NAV) is currently trading at $0.050 and exhibits good potential for future growth. Check the latest Navcoin (NAV) price prediction.
Recent Big Transactions
Recent Big Transactions
The content, portfolios, and insights presented on this platform are provided for informational purposes only and do not constitute financial, investment, or trading advice. Kribx Inc. and its affiliated influencers are not registered investment advisors or broker-dealers. Cryptocurrency trading involves substantial risk and may result in the loss of capital. Users are solely responsible for their trading decisions. Past performance is not indicative of future results.
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