[2023] August Updates

Navigators!

The almost imminent adoption of a crypto ETF marks the beginning of a new, mainstream era for crypto. The decision would represent a significant milestone in the journey of digital currencies towards wider acceptance and accessibility. As such, we should maintain close scrutiny over developments in the post-ETF crypto landscape, so as not to let the foundational principle of privacy get sacrificed for the sake of mass adoption. Privacy has always been one of the core tenets of early crypto ideology, fostering a sense of security and autonomy for users. As crypto moves further into the mainstream, it is imperative to strike a balance that prevents government overreach and intrusive regulation while still upholding the essential right to privacy. Safeguarding this principle will not only honor the roots of cryptocurrency but also pave the way towards a more inclusive and secure financial future.

August saw us doing what we do best: building.

Anquii released two swift libraries, making it easier to interact with Navcoin nodes by enabling developers to integrate Navcoin blockchain functionality into their native macOS and iOS applications. JSONRPC2 and ElectrumX.

Priverse, our private NFT Marketplace, has recently experienced a comprehensive overhaul in terms of its user experience and design, resulting in a revamped user interface. Notable enhancements include the integration of filtering and pagination functionalities on the Explore page, the incorporation of a custom audio player, catering specifically to audio NFTs, and drag and drop support features. Furthermore, the platform has prioritized improving the overall user experience when it comes to NFT collection creation and the NFT minting pages. Additionally, this update addresses known bugs within the Navcoin Chrome Wallet extension while simultaneously introducing improvements to the user interface, thanks to the developments of our dev sakdeniz and graphic designer ali.

We’ve partnered with everyone’s favorite decentralized reptile, Komodo Platform, and organized a Twitter giveaway for our communities. Ten lucky winners will get 20$ in $NAV each after submitting a screenshot of their Navcoin Komodo Wallet address. What’s best is that the contest is still running until the 7th of September, so if you haven’t already — try your luck and join.

And as for the blockchain update development, the bulletproofs+ pull request has been approved and merged.

In other news, we recommend this article by CR1337 on the privacy nightmare that Worldcoin has unleashed upon its namesake.

Privacy experts worldwide are concerned that these scans could potentially be repurposed, or worse, accessed by malicious actors, similar to data thefts observed in other companies.

The crypto news cycle has everyone’s heads spinning. Two Tornado Cash developers were charged with money laundering for their involvement with the currency mixer. The same which we said for Alexey Pertsev’s arrest bears repeating: code is not a crime. This arrest goes against basic human rights.

Australia is cementing its path towards a cashless society. No cash means more digital, traceable transactions — the surveillance special. However, the antidote is in your hands: private cryptocurrency.

Remember when Paypal launched their own stablecoin? Well, to no one’s surprise, it turns out that balances can be frozen or even entirely wiped. All this ties back into our opening statement: pay attention. Don’t let mainstream adoption blunt crypto’s edge.

Until the next one! Cheers.