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Nilam Resources Enters Letters of Intent to Acquire 24,800 Bitcoin Nav Coin has announced its users now have access to dedicated TOR Nodes that extend the capabilities of its anonymous network. The cryptocurrency who pride themselves on the anonymity of their network has built an active community of users. A user and member of bitcointalk.org known as BitcoinFX created the TOR service. With this new integration, Nav Coin gains an extremely high level of protection for its users who value the anonymity of their transactions.
“As cryptocurrencies are built around a public network, in theory, it’s possible for third parties to see which IP addresses are connected to the network at any given time. This means third parties could potentially infer who owns a particular wallet, or at least the location from where a user was broadcasting. Connecting your Nav Coin wallet through the TOR network, hides your IP address from the public record and stops this metadata inference from occurring. With this new configuration, users would be syncing the blockchain, and sending and receiving coins all through the TOR network rather than over the regular internet.” said Nav Coin Developer Craig MacGregor.
To access the new feature, users will just have to download and install the TOR Browser and follow a few simple steps.
“Users will then be able to use their wallet as per normal, safe in the knowledge that their IP address will be hidden from public view.” – Craig MacGregor.
The popular cryptocurrency has been creating a stir in recent months with their release of the World’s First X13 Mobile Wallet. With this lightweight wallet and a host of new features in the pipeline, the future is looking very favorable for the NAV and its investors. An iOS version of their mobile wallet, a thin client for desktop and a raspberry pi staking unit are soon to be rolled out. The development Team are also working toward the highly anticipated decentralization of their anonymous network and their third groundbreaking advance in the crypto world; Anonymous transactions from a mobile wallet.
For instruction on how to download and use a Nav Coin wallet and any information on new features, exchanges, etc. go to: http://navcoin.org/. For instruction on connecting your Nav Coin wallet through the TOR network see: https://bitcointalk.org/index.php?topic=679791.msg15855117#msg15855117
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