We’re in the midst of a paradigm shift with nations relying more and more on cashless options to make payments. Current events have accelerated this paradigm, and concerns surrounding social and financial exclusion, profiling and automated decision making are on the rise.
To protect the financial privacy of every individual, we've developed an innovative privacy protocol named blsCT and made it available to everyone for free. With our chain also being interoperable with others and thus connected to DeFi, Navcoin is the currency to exchange value online without compromising your privacy.
Privacy is a fundamental human right, and we believe that we should all be given the opportunity to transact as we desire and without the fear of being watched. To this purpose, we've developed blsCT, a novel and revolutionary protocol, that underpins our privacy coin xNAV allowing any person to transact anonymously unless they permit and specifically choose for someone else to see.
With Navcoin focused on being a currency to make payments, it's paramount that we allow for it to be used not just within our own ecosystem of applications, but also the ones that exist outside of it. Opening up to a great number of opportunities and future innovation, we've introduced wNAV as a wrapped representation of NAV and xNAV to be used in ecosystems such as Ethereum and Binance Smart Chain.
Our network operates as a truly decentralized autonomous organization by utilizing the Proof of Stake consensus mechanism to allow each holder of NAV to participate in the governance of the network. Anyone that holds NAV can stake their coins and have their voices be heard counting one vote per stake. With supporting measures in place, we've enabled Navcoin to outlive us all by being self-funded through its treasury, self-guided through consultations, and self-governed through consensus changes.
We care about the environment and we strive to be as energy efficient as possible to do right by our planet. Compared to Bitcoin's Proof of Work consensus mechanism, in which miners rely on expensive hardware and a large amount of energy to validate transactions and earn rewards, Navcoin's Proof of Stake consensus mechanism does away with the resource intensive requirements and allows even a 5 Volt Raspberry Pi to take part in the validation process and thus in helping to secure the network.
Launched in 2014 with no pre-mine or ICO to achieve a fair and transparent initial distribution of the supply.
Transparency is at the heart of Navcoin. Every line of code can be viewed, and anyone can contribute or reuse what we've built.
Earn passive income by either running a node to secure the network or by taking part in the mixing process that ensures xNAV's privacy.