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Important Wallet Update & Weekly Report

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This week the development team have been focused on optimizing the new Nav Coin Core and making sure that it is providing the network stability we need to move forward. We were hoping to move onto some new projects this week but with our primary focus on the core optimization, we will be kicking off our next projects over the coming days.

We have recently released v4.0.1.1 which has improved network stability. If you are using any other 4.0.x or 3.x version can you please immediately update to the latest 4.0.1.1 version and begin staking your coins to help the network.

http://navcoin.org/downloads/#nav-coin-core

Apart from working on the core optimization, we have also been busy chipping away at a couple other objectives.

Guy has been pricing up options for us to stock pre-built & pre-configured NAV branded NavPi units in our online store. So far his research has come up with some good options and we are hoping to finalize a price and order our first batch in the coming weeks. This will make earning NAV staking rewards even easier as you will be able to order the complete unit from the store. All you will need to do is plug in the power and send it some NAV to stake.

One of the contacts Craig made at the Bloktex conference was with Wirex who provide cryptocurrency charged MasterCards. Wirex have shown interest in getting Nav Coin onto their debit card platform and have offered their assistance to make it happen. We have opened a dialog with Wirex who are powered by Shapeshift behind the scenes. Hopefully this leads to Nav Coin getting added to Shapeshift and subsequently to the Wirex debit card platform. We can’t guarantee an outcome at this stage but it is an avenue we are keenly pursuing.

The projects we will start to plan and work on next week are;

The CoPay Fork which gives us fully functional web and mobile wallets.

Rebuilding the subchain to align its core with the new Nav Coin core and prepare to bring both chains into a single multi-chain wallet.

Rebuilding the front end of the NavPi StakeBox using JavaScript instead of the PHP & Apache service which is currently running on there. This will lead to better performance of the front end and also a less cluttered User Interface to make it even simpler and easier to use and keep up to date.

Our marketing team continues to work on our overall branding and marketing strategy while preparing press releases for our upcoming features.

That is all we have to report for this week. Expect a more productive week next week as our Lead Developer Craig leads the charge after returning from Kuala Lumpur.

Talk Soon,

Nav Coin Team.

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