NavajoCoin (NAV) is named after the Navajo codebreakers who made outstanding contributions to the transmission of encrypted information during World War II. The goal is to establish an unbreakable anonymous transfer system. A double-encrypted anonymous system is currently being developed . Using the X13 algorithm, 30-second confirmation, has entered the proof-of-stake (PoS) stage, and the first-year interest rate is 20%. The total amount of PoW is 50 million.

NavajoCoin is an open-source, blockchain-based proof-of-stake digital currency. It is designed to be public, no one owns or controls NavCoin and everyone can participate. It's a platform run by its users for users - with an incentivized network of nodes that validate payments globally.

1. Application scenarios

1. NavTech Wallet
Provide NAV coin, Subchain service and NavTech transaction function in a single wallet, NAV will be a completely decentralized mesh network.

2. Anonymous decentralized software
We are studying the best way to build an anonymous decentralized software platform.

3. Polymorphic NAVTech
Cooperate with Changelly instant exchange to allow our users to pay anonymously and trade at least 25 cryptocurrencies at will.

2. Project Features

- Faster transaction times (30 seconds vs. 10+ minutes).
- Low cost trading (only 0.0001 NAV).
- Participating in Proof of Stake mining does not require running large servers. Even a 5v Raspberry Pi can run it.

The above information comes from NavajoCoin official website

Related links:
https://info.navcoin.org/faq/