NavCoin

NavCoin is a cryptocurrency, that has been based off Bitcoin. So while it offers all the benefits of Bitcoin, it also has a few other added benefits such as faster transactions, the ability to earn 5% on your NAV, and optional private payments. A key difference is that we use the Proof of Stake algorithm to secure the network (Bitcoin & most others use Proof of Work). The benefit of using Proof of Stake is that it’s much more lightweight and you don’t need huge servers to mine NAV. All you need to do is install the wallet, turn on ‘staking’ mode, and you’ll earn 5% on the amount in your wallet.