MONEROV (hard fork Monero)

[GuiDonK]

there is a very good new about a Monero hard fork into a new private coin : MonveroV.

https://monerov.org/

MoneroV is a private, untraceable, finite and secure cryptocurrency fork of the Monero blockchain. A split will occur at block 1529810 when MoneroV miners will start to create blocks on the MoneroV network.
The new MoneroV blockchain will contain the history of all transaction up until block 1529810 and all Monero coin holders will receive 10x their XMR balance amount as MoneroV coins (XMV) after the fork.

Among other differences, MoneroV has limited supply of coins while Monero’s coin supply is infinite, and MoneroV will implement new protocols that will solve the scaling problems facing Monero and other cryptocurrencies such as Bitcoin.

[1715214885]

1715214885

[1715214885]

1715214885

[1715214885]

1715214885

[1715214885]

1715214885

[grinmoure]

Would be helpful if you listed which wallets/exchanges would be supporting the new coin.

[nunzio2012]

What is the point of Moverov, more than developers to make some quick money?

I don't see weak spots in Monero architecture and solutions from the new coin.

[balrog]

Seems like MONEROV devs whanna make some easy money . They have a monero name and limited supply , which can affect well on it's price . But what about the main monero feature ? Will this fork bring any security and anonymity improvements ?

[monergo]

What is the point of Moverov, more than developers to make some quick money?

I don't see weak spots in Monero architecture and solutions from the new coin.

Dude, I'm big on Monero, but can you really say there are any weak spots to it?
Heck, even FluffyPony agrees 

[CryptoDemonElite]

What is the point of Moverov, more than developers to make some quick money?

I don't see weak spots in Monero architecture and solutions from the new coin.

It look like another cash grab like bitcoin gold. I see no reason to hard fork Monero. Monero is already doing well.

[terible.hunter]

Very funny of course, I understand that this is the name of some Russian person, because I myself live in Russia and it sounds very funny when they talk about the MoneroV fork, of course everyone has their own opinion on the name.

[AgonyPaid]

I have noticed one or not that as soon as the coin has more demand and is in the leadership positions, then it is fork. It's like a way to distract from the main and translate attention. On the one hand, of course, it's not bad that all new coins appear, but on the other hand, as practice shows, no fork ever became better than its parent.

[slaman29]

So the only real difference is the finite supply... but as we already know by now, the capping of issuance doesn't necessarily equate to hard scarcity (now even with lightning network we can look at sub-satoshi micropayments for example). I really like Monero, and simply don't see the value of a hard fork which the community has never asked for. I won't even bother with trying to claim this one. Like people are saying, hardforks are happening when a coin gains popular use. Cheap free profits, let's not encourage it.

[gatti]

Monero had good potential,so MoneroV also get the more investors soon.To get more coin you have to get into very start level.If any coin get into market,you have to analysis it very well.If the base is seems good,you can buy that at low price and keep it for your future.

[khendjer]

Monero is a coin with high transactions privacy by itself. What are the reasons to make a fork of it? Maybe you could explain in a few words why MoneroV will be better than Monero so we could understand if it worth to read the whole whitepaper?

[KryptoKai]

2017 was the year of bitcoin forks, now 2018 is going to be monero forks 
Can't see any reason for this other than developers trying to get some easy money. Unless they add some extra features on top or fixing a problem that monero was suffering from it will be difficult to get behind this project and invest in the new coins.

[monergo]

I went over their PDF and was surprisingly relieved tbh -

"MoneroV will adhere to core Austrian school of economics principles by capping the total MoneroV coins that can be
created, parting with Monero’s infinite coin supply structure." - This I very much like, same as bitcoin being finite.

"MoneroV will issue bounty programs for top-tier developers and researchers to
rapidly develop all aspects of the MoneroV network." For anybody into Monero, this is quite an important part.

".. plans to tackle the scaling issues, which is the main source of problems in Monero, and
in all cryptocurrency coins for that matter, and integrate the MimbleWimble protocol so that the
blockchain size will be bound to the number of users using MoneroV (not the number of
transactions being made in the network)." Now this is really ambitious (might be too - ambitious?) and should take a couple of years if they are serious.

"For example.. the centralization of decision making that prevents the implementation of new features, the scaling issue of a bloated blockchain, the high transaction fees, and the growing
hash rate that is mainly based on mass usage of botnets and unsuspected browser based miners
that prevents genuine miners to compete." Hit the nail on these, but again, how will it be actually solved?


In any case, I'd recommend waiting and seeing their code before all else. But it's safe to say that this looks somewhat legitimate and might even be coming from within the Monero community.
This are all issues people there are worried about, but will come down to if they would really release code, open source wallets we could all check etc.

[davidny]

there is a very good new about a Monero hard fork into a new private coin : MonveroV.

https://monerov.org/

MoneroV is a private, untraceable, finite and secure cryptocurrency fork of the Monero blockchain. A split will occur at block 1529810 when MoneroV miners will start to create blocks on the MoneroV network.
The new MoneroV blockchain will contain the history of all transaction up until block 1529810 and all Monero coin holders will receive 10x their XMR balance amount as MoneroV coins (XMV) after the fork.

Among other differences, MoneroV has limited supply of coins while Monero’s coin supply is infinite, and MoneroV will implement new protocols that will solve the scaling problems facing Monero and other cryptocurrencies such as Bitcoin.

At least I have some Monero in the backpocket. If this is legit than we will certainly see a good upward movement.

[GuiDonK]

I'm not related to MoneroV, I opened this thread because I think it's a good airdrop for everyone

[waaat?]

I'm not related to MoneroV, I opened this thread because I think it's a good airdrop for everyone

Not bad. Often airdrops on solid coin forks give some profit. Not good not bad only business. I have some XMR that's why will learn and watch for XMV. Most important is what changed IMHO

[Febo]

there is a very good new about a Monero hard fork into a new private coin : MonveroV.

https://monerov.org/

MoneroV is a private, untraceable, finite and secure cryptocurrency fork of the Monero blockchain. A split will occur at block 1529810 when MoneroV miners will start to create blocks on the MoneroV network.
The new MoneroV blockchain will contain the history of all transaction up until block 1529810 and all Monero coin holders will receive 10x their XMR balance amount as MoneroV coins (XMV) after the fork.

Among other differences, MoneroV has limited supply of coins while Monero’s coin supply is infinite, and MoneroV will implement new protocols that will solve the scaling problems facing Monero and other cryptocurrencies such as Bitcoin.

Monero will have regular hard fork next month anyway. This guys could just take old one so no sweat needed for that.

[elzyo8]

enough of hardforks, too much hardforks
if they are so good start off a new coin, like AEON did, why do a stupid hardfork, just printing money and devaluing crypto

[KK120]

These kind of forks are like stock dilution; Monero price may be affected since some % of money intended for XMR may go to XMV.

[Nunoluck]

People will interested to buy monero, the price will rise before hard fork but becarefull if investors whp buy that coin is get enough profit they can sell their coin before the hard fork, make a good strategy to avoid loss. I suggest to sell when its pump before other people sell then buy XMR again 1 day before hard fork.