Since 2014, an entire ecosystem has developed around NavCoin from easy to use mobile wallets to simplified private payment solutions - all built and maintained by an active international community without an central authority or governance.
Why Are People Using NavCoin?
It's cheap, fast, eco-friendly and privacy-focused.Be your own bankThere are no banks or intermediaries that run NavCoin, and no one you need to deposit your money with. All payments are peer to peer, and managed by your wallet. Unlike the current system, you have total control of your money, and a say in how the network is run.
PrivacyBlockchains by their nature are public ledgers that allows anyone to view every transaction ever sent, which makes privacy a challenge. NavCoin is dedicated to providing privacy for users, so that your information can only be given with your consent, not taken.
Cold stakingSecurity is the number one priority for NavCoin, which makes cold staking an important feature on the network. Instead of having all your coins connected to the internet - this allows you to participate in staking the network, while also keeping your coins offline for added protection.
Carbon neutral networkNavCoin uses Proof of Stake which is an energy efficient form of blockchain validation. With sponsorship from the Community Fund, NavCoin has offset the estimated annual carbon footprint of the network to become the world’s first carbon neutral cryptocurrency.
A human readable addressYou can personalise your wallet using OpenAlias, which allows you to create an email-style address for your NAV. The service is built on top of the worldwide DNS service to convert a domain name into a cryptocurrency address, making sending a payment easier than ever.
Frictionless paymentsIn the digital economy, sending payments around the world should be fast, cheap, and easy to do. NavCoin can be sent for a fraction of a cent, will show up within seconds (confirmed in 30 seconds), and there are a range of wallets designed to make sending NAV effortless.
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