NAV is an open-source blockchain now in its third version of Proof-of-Stake (PoS). The team, which was initially funded by a group of volunteers, has a market cap of over USD$8M. NAV implements many of the same features that are visible on Bitcoin’s chain. Benefits include coin’s blockchain benefits from the same features that were introduced to the Bitcoin network, one example being SegWit. The NAV coin wallet is designed in such a way that supports the SegWit feature for ease of use. This coin also uses the PoS algorithm that enables its users to earn 5% of their total staking on the condition that the NAV coin is switched to staking mode. Transactions from the NAV coin blockchain can be confirmed as quickly and in as little as 30 seconds. In terms of transactions, the NAV coin blockchain can also do private transactions.
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