Crypto Currency

Trading Bitcoin Vs. NavCoin — Which Is Best for You?

NAVCoin is the only cryptocurrency today that guarantees complete anonymity of transactions. There are quite a few partially anonymous digital currencies, but NAVCoin compares favorably with them with its encryption, which completely separates and scatters information about the transaction, even removing it from the IP address. The platform operates on the basis of the blockchain and uses a sub-chain to work with each transaction.

Benefits of the project

Compared to analogs NAVCoin compares favorably in the following points:

  • Transaction speed. You no longer need to wait a few minutes to send NAV to any part of the world, half a minute is enough. This fast transfer speed is perfect for digital and retail retail. In addition, this speed with a minimum block size allows hundreds of operations to be performed simultaneously.
  • Passive income. Thanks to the Proof-of-Stake technology, you can receive up to 5% on your deposit, just by using the wallet in the betting mode.
  • Completely confidential payment. The decentralized NAVTech network has absolute anonymity. The transfer of funds is securely encrypted and occurs through a sub-chain. How to convert nav to btc? It is easile to do on the exchange. 
  • Environmental friendliness. The project does not require expensive and electricity-consuming servers. Operations can be performed on any computer.
  • Perspectives. NAVCoin’s roadmap for 2017 includes some very ambitious milestones that could bring good profits.
  • Weekly updates. Every week, the creators post a detailed report on the latest changes to keep their users informed.
  • Continuous growth. Since 2014, NAVCoin has been in constant development, and if at the beginning the project was very modest, now it confidently occupies a leading position.
  • Huge community. The extensive team includes active and ambitious people who are always ready to help newcomers and take part in improving the currency.
  • Keeping pace with the times. NAVCoin is regularly updated with the latest trends, so it always has fresh benefits.

It is worth noting the exceptional safety when working with the platform – the system runs on several servers located in different parts of the world, data backups are also scattered around the planet. Everything is stored – from copies of wallets to data intended for system recovery in case of a failure. If NAVTech is attacked by an intruder, then work will be resumed within a few hours and with minimal losses.

Bitcoin

Cryptocurrency is generated by a distributed network of computers united in a closed Internet community; computers execute a set of complex cryptographic algorithms, resulting in cryptocurrency in the form of digital currency units. They can only be used to pay within digital communities; individuals and organizations can open accounts (called wallets) in specialized communities.

Community founders limit the amount of currency that computers that support transactions in the community can generate. The collective event to create a currency for the community is called the Initial Coin Offering.

Bitcoin is the most popular cryptocurrency, and at the same time it is one of the first cryptocurrencies for which a certain release limit was originally set.

The man known under the pseudonym Satoshi Nakamoto organized this cryptocurrency and founded the technology for generating and managing it, in 2008 Nakamoto set the maximum number of bitcoins generated by a distributed network of computers at 21 million. Such a restriction on the supply of bitcoins ensures the demand for the currency, which, as a result, increases in price.

Christopher Stern

Christopher Stern is a Washington-based reporter. Chris spent many years covering tech policy as a business reporter for renowned publications. He is a graduate of Middlebury College. Contact us:-[email protected]

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