Market Cap: $ 2.33 T | 24h Vol.: $ 86.64 B | Dominance: 57.14%
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Navcoin (NAV) Price Today, Live Chart & History

377Navcoin
NAV
$ 0.031529
0.00000047 BTC
Marketcap
$ 0
Volume (24h)
$ 59,449
Circulating Supply
0 NAV
Total Supply

 

Navcoin (NAV) Price Chart

Explore the Navcoin (NAV) live price chart for in-depth insights into its market performance.

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Navcoin (NAV) Price History

Delve into the Navcoin (NAV) price history to understand its long-term value trends.

* Currency in USD
Historical Price for Navcoin
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Navcoin (NAV) to USD Converter

Use our Navcoin to USD converter to seamlessly convert Navcoin (NAV) for accurate financial planning.

NAV

 

What is Navcoin?

NavCoin (NAV) is a digital programmable coin that was launched on June 2nd 2014. It is an open source protocol that gives users the ability to access and use code without restrictions. The coin is based on Bitcoin 0.13, hence features most of Bitcoin's components with some improvements.

NavCoin boasts of a dual blockchain that makes its transactions faster than those of Bitcoin. While Bitcoin transactions take an average of 10 minutes, NavCoin network takes just 30 seconds. Its use of oof-of-Stake consensus means that it has no need of specialized mining machines and thus low energy consumption. It also significantly lowers the cost of transactions in the web3 economy. The cost of a transaction is estimated to be 0.0001 NAV.

NavCoin is a special crypto aiming at simplifying the use of the blockchain technology. Its developers want to create a platform where anyone irrespective of their crypto knowledge can use digital money for everyday transactions. It is also a privacy network ensuring that users remain unidentified thanks to its use of the RCA (2048 bit length keys) that are very difficult to break and a subchain process. It in addition incorporates SegWit, making it flexible for further developments in the future.

Navcoin comes with its own unique wallets classified as 'full' and 'light' wallets. Here's a list of wallets currently available:

NavCoin Core - A full wallet that allows network staking

NavPay - A light wallet with simple features and uses less gigabyte space

Next - A full wallet that is stylish, allows staking and has a simple interface

Coinomi - A multi-wallet that supports Bitcoin and other cryptos in addition to NavCoin.

NavCoin M8 - This is a staking wallet that is highly powered and provides users with DIY options

NavPi StakeBox - A full wallet that uses Raspberry-Pi platform and is low energy

NavPaper - A wallet able to generate keys that are stored offline for security purposes

Navcoin is also available in a variety of exchanges key among them being Bittrex and Poloniex.

The network is run and supported by a decentralized community. It relies on Proof-of-Stake consensus algorithm making it lightweight and thus no need for huge servers. The algorithm stakes about 5% annually. In order to stake, you simply need NavCoin Core wallet then transfer your NAV coins to the wallet.

While Navcoin offers many opportunities for investment and transactions, there are many other cryptocurrencies available that could align more closely with your specific needs. Whether you’re looking to diversify your portfolio or just getting started, we encourage you to check out our guide on the best crypto to buy now.

Additionally, to enhance your cryptocurrency management experience, consider reading our guides on the best crypto wallet and the best crypto app.

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