MoneroV (XMV) could be a non-public, untraceable, finite and secure cryptocurrency fork of the Monero (XMR) blockchain. A hard-fork split can occur at block 1529810 (~ March the ordinal, 2018) once MoneroV miners can begin to form blocks on the MoneroV network.

The new MoneroV blockchain can contain the history of all Monero transactions up till block one529810 and every one Monero coin (XMR) holders can receive MoneroV coins (XMV) within the rate of 1 XMR = 10 XMV when the fork.

Features:

Capped: MoneroV adheres to core Austrian college of social science principles by capping the full MoneroV coins that may be created, parting with Monero’s infinite coin offer structure.

Secure: suburbanized peer-to-peer blockchain dealing accord permits MoneroV to be secure and reliable.

Private: MoneroV is actually anonymous and personal. causing and receiving addresses ar obfuscated, likewise as all amounts being transferred altogether transactions. Your identity can't be joined or derived to a dealing on the MoneroV blockchain.

*How MoneroV is different from Monero?

MoneroV encompasses a restricted offer of coins in distinction to Monero’s infinite coin offer.

MoneroV and Monero's proof of labor algorithms area unit on a special development path, as MoneroV's can specialize in mitigating the mass use of botents and unknown browser-based miners.

MoneroV can have an energetic development fund that might be used for fast development and have integration versus Monero's voluntary donation primarily based development method.

In addition, MoneroV can implement new protocols that may solve the scaling issues facing Monero and alternative cryptocurrencies like Bitcoin. In-depth detail is enclosed within the MoneroV
roadmap:  https://monerov.org/MoneroV-Roadmap.pdf.

*How can I get MoneroV?

Anyone World Health Organization holds Monero before the fork which can occur on block height one529810 (~14th March 2018) are Associate in Nursing owner of MoneroV and can receive MoneroV coins (XMV) within the rate of 1 XMR = ten XMV. As Associate in Nursing example, if you hold one Monero coin (XMR) before the fork, you'll own ten MoneroV (XMV) once the fork.

If a 3rd party stores your Monero coins, like Associate in Nursing exchange or a protector pocketbook service, you'll ought to inquire with them concerning your MoneroV coins.

*How should I keep my XMR to make sure I will receive XMV?

Any case that's secure and permits you exclusive access to your seed non-public key would be an appropriate case to use to receive MoneroV.

We will publish guides and technical tutorials for safe retrieval of your XMV from well-liked cases like the Monero graphical user interface wallet (getmonero.org), Mymonero.com and therefore the Monero RPC. Some wallets might supply native access to your XMV.

*When will the MoneroV wallet be released?

The official MoneroV billfold, additionally to alternative dependencies like the MoneroV daemon are discharged a number of days once the blockchain photo date, as compilation and setup will solely occur once the 1529810 blockchain height purpose.

Comparison:

Total Supply - Capped at 256 Million XMV (Of which about ~5.85% in a coinbase transaction for active development).

Circulating Supply at Hard Fork Split - ~158 Million XMV (10x circulating XMR supply).

Proof of Work - CryptoNight (to be modified)

Difficulty Retarget - Every block. Adjusted difficulty initially after the split.

Block Time - Every 2 minutes.

Block Reward - Smooth decrease. Minimum of 6 XMV per block at 184,467,440 XMV in total emission until 256M max supply reach.

Block Size - Dynamic.

Privacy - Ring signature / stealth addresses.

Official Website:

https://monerov.org

 

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