In late July the Nav Team announced that their electrum mobile wallet is live. This news came off the back of a successful coin swap giving Nav Coin a modern code base that is a platform for a huge range of new possible features. One such feature already released since the upgrade is the POS web wallet available at poswallet.com .
NAV is starting to get gain serious interest from investors, with a price increase following each new feature. The interest being driven by Nav Coin remaining on the cutting edge of crypto technology. They now have claim to releasing the world’s first mobile wallet for an X13 coin. Which is in fact their 2nd world first in the crypto world. Nav Coin was previously dubbed the world’s first fully anonymous cryptocurrency after releasing their Anonymous Transaction Network which runs using a private subchain.
The new mobile wallet uses it’s own custom version of Electrum which the Nav Team have open sourced on their github account.
The Nav Team, being a proof of stake coin, like to keep things light and user friendly which is why they built wallet using their own custom version of Electrum. “We chose to use an electrum based wallet because of their extraordinary lightweight technology. No one wants to carry the blockchain around on their phone, and we love Electrum’s light-chain” – the Nav Team The light chain essentially checks in with the blockchain occasionally to confirm the transaction headings rather than downloading the whole block.
The other features of note the Nav Team listed in their announcement are: “It has improved battery and data usage because of its light chain (the data use is near zero.) It is always on and ready to use, as there’s no need for the block chain to catch up. The entire […]
