What is NAV
Nav Coin is a cryptocurrency designed to be anonymous and simple to use. Although based on Bitcoin the Nav Coin has several key changes over its grandfather Bitcoin. The first is Nav Coin’s use of a subchain known as Navtech, this chain is responsible for anonymization and mixing of transactions. The next change is in the algorithm, Nav Coin moved way from Bitcoin’s POW and instead uses a POS. Lastly is reduction in cost for transactions as well as an increase in their speed. These improvements over Bitcoin create a concrete foundation for further Nav Coin developments to be built atop of, and Nav Coin even has plans to support fully decentralized application coded directly onto the blockchain in the near future.
