The team have come back from their holidays feeling rested and energetic! After a fairly hectic end of year period, having some time to unplug and relax has allowed us to recharge our batteries and get ready for the big year ahead.
We’ve spent the first few days catching up on emails/messages, and have started planning the year ahead. One of our first priorities is to spend some time nailing the vision & strategy for NavCoin going forward. While our goal has always been to create a platform that is exciting, ambitious and world-changing – we think we can do a better job at explaining this vision in a simple way on our website and in our marketing materials. It needs to be simple, unique, and get people excited – which is no easy task. Once we’ve completed our vision & strategy process, we will create a series of articles & content that we will share with everyone.
With our initial planning well underway, we are currently putting together the official development roadmap for 2018. We have a lot of exciting projects we want to build this year alongside finishing what is on our current roadmap. Polymorph, ADapps and NavPi 2.0 are just the beginning. Keep your eyes peeled for the release of the official 2018 roadmap at the next weekly update to see what we have in store for this year.
NavPi Back in Stock
Now that we are back in the office and can process orders again, we are opening another batch of NavPi in the NavCoin Store. The NavPi are Raspberry Pi devices which come with NavCoin staking software installed. With these, you can earn your NAV staking rewards 24 hours a day without needing to have your laptop or computer running all the time. We use Proof of Stake mining which consumes very little electricity, so you can help maintain the NavCoin network and earn rewards for just cents a day.
This batch will be limited to 60 NavPi, so make sure you get in quick if you want to get your hands on one: https://store.navcoin.org/product/navpi-stakebox
If you already own a Raspberry Pi, we also have the image available for download on our website: https://navcoin.org/downloads/#nav-pi
Electrum Export to NavPay
After the NavCoin hard fork implemented in December, an unexpected side effect was that the NavCoin Electrum wallet has been unable to sign transactions. The NavCoin Electrum wallet is a product line which we are discontinuing in favour of the new thin client NavPay. With the combination of the hard fork signature issue and the recently reported security vulnerabilities in Bitcoin Electrum, we urge all NavCoin Electrum users to follow this guide and move their funds to NavPay.
We have built a new version of the NavPay wallet which has a private key sweep function compatible with NavCoin Electrum private keys. The latest version can be found here:
Community Fund Testnet
The Community Fund has passed its network vote late last year and is due to be implemented once we have finalized the proposal system. Before we release the fund to the mainnet, we need to thoroughly test the functionality on the testnet. Alex has put together a document on how to receive testnet coins, create proposals, vote and receive funds. If you are willing and able to get involved in helping to test the community fund system, please have a look at the instructions and try it.
In its current format, it is all managed through RPC commands. Once we are happy the basic implementation is working flawlessly, we will create an in-wallet UI for browsing and voting on proposals as well as providing proposal submission guidelines.
We invite users to attempt to break the fund mechanism so we can implement any patches to the system before we deploy it to the mainnet. We will be setting up a bounty program to encourage testers to find and help us resolve any flaws.
For more information on the community fund visit: https://navcoin.org/community-fund
News From The Community
The team have now set up an Instagram account. The plan is to put out images from our Auckland headquarters to give you a behind the scenes look at our day to day activities. There aren’t many images on there yet, but expect to see lots of action in the near future. You can check it out here: https://www.instagram.com/nav.coin.official
It’s always great to see community members creating their own projects for NavCoin. Here are two interesting creative projects that members of the community have created:
The first is @jottum’s first version of a 3d printed NavCoin keychain. I really look forward to seeing where this progresses in the future!
And the second project came from @beekart who has created some awesome visuals & fan art for NavCoin.
The community just keeps getting bigger and bigger! We have now nearly reached 10,000 subscribers on reddit, and our twitter has 41,500 followers (it wasn’t long ago when we celebrated 5k subscribers on reddit..). Both of these platforms saw these large increases happening around the period of the NavPay launch (e.g. Twitter alone increased by 14k followers), which an awesome outcome and will set us up for even more success in the future.
The Cobinhood vote is live! Cobinhood is an exchange that is running a voting campaign to see who it will list on their exchange for free. Senior members of our community @IfaqYurmama and @YaBoiBeezy have created some information and a fund to help you get voting: http://navcommunity.net/cobinhood-vote
We’re up against some tough competition, so get voting!
That’s the weekly report for this week!
Talk soon, Nav Coin Team