NavCoin Roadmap for 2018 Released

NavCoin team released a roadmap for 2018 sharing its plans, strategies and and vision 
17 January 2018   1242

The team of NavCoin announced that there are two major streams of work emerging for the NavCoin Core, and they have divided our roadmap for 2018 into two parts, the first one regarding NavCoin itslef, and the second one regarding Valence.

The upcoming projects regarding NavCoin are stated as follows:

  • Lightning Network: Implementing lightning network transactions to allow instant, cross chain, atomic swaps between NAV and other supported cryptocurrencies
  • NavChange: A Valence powered application which facilitates instant exchange between NAV and other currencies
  • NavDelta: A payment gateway powered by Valence, which enables users to spend NAV at any business which accepts any currency supported by NavChange
  • Business Partnerships: Partnerships with existing Point of Sale operators who are interested in integrating multi-crypto payments into their existing systems using NavDelta
  • Cold Staking: Allowing for NAV, which are stored offline, to sign staking inputs will greatly increase the security of funds used for staking
  • NavCoin 5.0 "Kauri": Rebuilding NavCoin Core wallet as an Electron Application which extends on the current functionality to handle multiple accounts, pin numbers, recurring payments and other functions which you’d be used to seeing inside a banking application
  • NavTech 2.0 “Rimu”: Redesigning NavTech to be a Valence powered application which will make our private payment system completely trustless and distributed
  • Valenodes: Forming the backbone of the network, Valence Masternodes will ensure reliable, fast, and scalable infrastructure to route private application data and seed selective blockchains
  • Encrypted Communication Protocol: Valence’s ECP combined with the Masternode Network should provide highest level of privacy for apps and users
  • App Store & Console: The decentralised and autonomous registration of Valence applications will take place on the blockchain and be accessible through the Valence App Store
  • Crowdfunding Platform: This smart contract-driven crowdfunding platform is designed to protect the funders of Valence Applications by allocating governance of raised funds to the parties who put the funds forward

At the moment of press, these are main market parameters of NavCoin:

  • Average price: $2,30
  • Marketcap: $143 109 962
  • 24h volume: $5 224 250

OKEx to Launch OKChain Based Decetralized Exchange

Great role in the upcoming exchange will be played by OKB coin, which will be trasfered to OKChain as soon as its development finished
22 March 2019   91

OKEx cryptocurrency exchange will launch a decentralized trading platform on its own blockchain.

Currently, the OKChain blockchain is in the final stages of development, and its test network may be launched as early as June 2019. When the OKEx blockchain becomes stable enough, it will transfer OKB to it, which will then perform the function of the native OKChain token and be used to pay commissions, as well as in its own decentralized network applications.

The primary purpose of OKChain is to launch the OKDEx decentralized exchange, where the OKB token will be used to participate in presales. In addition, project teams will use OKB tokens to pay the service fee to the super nodes of the network.

While the total volume of OKB emissions is 1 billion, 300 million tokens are in circulation today, and 700 million remain blocked. Of this number, 300 million OKB will be distributed to users through the loyalty program, and 400 million belong to the OK Blockchain Foundation and the exchange team. However, for a more efficient formation of the OKB ecosystem, the blocking period of these 700 million tokens will be extended from 2020 to 2022, writes OKEx.

In addition, OKB will be the only token to be accepted during the initial exchange offerings (IEO) on the OK Jumpstart platform, announced earlier this month. According to the company, it is currently negotiating with various projects and will soon announce the launch of the first IEO on OK Jumpstart, for which investors will be admitted who have passed personal verification and have OKB tokens in their accounts.