Nav Coin Price is Up 64%
Nav Coin (NAV) is based on Bitcoin (BTC) technology, but is packed full of advanced privacy features.
In that way it’s similar to other privacy enabled cryptos like Zcash (ZEC) and Monero (XMR).
The main difference seems to be use of a sub-chain — a second blockchain — that adds an additional layer in the encryption process.
It’s a complex process, purposely designed that way to ensure full privacy.
Privacy Pivotal in the Future of Blockchain
With other developments like zk-SNARKS also underway, privacy seems to be the pivotal battle ground in the future of blockchain technology.
It multiplies the usability of blockchain technology in numerous useful ways. And could be the key to mainstream uptake of the crypto world.
Let’s take a look at prices on the key crypto’s over the last 24 hours (priced in Australian dollars, 10am. Source: coingecko.com):
Bitcoin Price: $7,160, -1.1%
Ripple Price: $0.27, -5.75%
Ethereum Price: $397, +0.61%
Zcash Price: $291, -1.28%
TenX Price: $2.51 +7.9%
With interest growing around the world there has never been a better time to learn more about cryptocurrency’s incredible potential.
But there’s some very real risks for investors. Read this free report to find out more about the secret world of cryptocurrencies.
Editor, Money Morning