Today i'm going to explain why I believe NAV Coin is still one of the many highly underrated alt coins on the market, please also take into consideration this is my personal opinion and I suggest you always DYOR.
Although it seems more and more projects are concerned with making great software which protects peoples privacy rather than what price it trades for on any given day but let me go over a few things that I really like about the NAV team.
-Nav Coin has in fact been trading since July 2014 and were one of the first fully anonymous cryptocurrency that runs purely on blockchain technology.
-NAV Coin also uses a secondary blockchain called a “Subchain” to direct transactions between our receiving and sending servers. All previous anonymous cryptocurrencies relied on a singular blockchain and usually some kind of database which means two things; Transactions can be ultimately traced through careful analysis of their single block chain and/or they rely on insecure and non-immuable data storage like a SQL database to direct transactions between wallets as they shuffle the coins around.
-Concentrates on providing a good payment system but according to the white paper it appears it has much more to offer than that.
-Active community aswell as plenty of ongoing developments that focus on making a very user friendly platform
-Super fast transactions (within 30 seconds)
-Awesome low fee's :)
-PoS. Also earn 5% by switching your wallet to staking & requires extremely low power to mine, especially if mining with a Raspberry Pi
-Nav Coin is one of the few coins that is already running on Segwit
-61.5 million in circulation
-5% annual increase
-Plans to implement Nav Coin Direct (a platform for buying Nav with FIAT such as Mastercard, Visa, Paypal etc.)
-High volume on bittrex & poloniex
-Available on Changelly.com
The Nav team currently consists of 5 engineers , 3 community engineers and 5 digital strategists. I believe it's only a matter of time before this hidden gem reaches a new ATH as it's highly active community and easy to use service is hard to come by these days but please remember this is my opinion and as previously mentioned DYOR and always invest what you can afford to lose.