MoneroV (XMV) is a private, untraceable, finite and secure cryptocurrency fork of the Monero (XMR) blockchain. A hard-fork split will occur at block 1564965 (~ April the 30th, 2018) when MoneroV miners will start to create blocks on the MoneroV network.
The new MoneroV blockchain will contain the history of all Monero transactions up until block 1564965 and all Monero coin (XMR) holders will receive MoneroV coins (XMV) in the rate of 1 XMR = 10 XMV after the fork.
Features:- Capped: MoneroV adheres 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.
- Secure: Decentralized peer-to-peer blockchain transaction consensus enables MoneroV to be secure and reliable.
- Private: MoneroV is truly anonymous and private. Sending and receiving addresses are obfuscated, as well as all amounts being transferred in all transactions. Your identity cannot be linked or traced to a transaction on the MoneroV blockchain.
How can I get MoneroV?Anyone who holds Monero prior to the fork which will occur on block height 1564965 (~30th April 2018) will be an owner of MoneroV and will receive MoneroV coins (XMV) in the rate of 1 XMR = 10 XMV. As an example, if you hold 1 Monero coin (XMR) prior to the fork, you will own 10 MoneroV (XMV) after the fork.
If a third party stores your Monero coins, like an exchange or a custodian wallet service, you will need to inquire with them about your MoneroV coins.
How MoneroV is different from Monero?- MoneroV has a limited supply of coins in contrast to Monero’s infinite coin supply.
- MoneroV and Monero's proof of work algorithms are on a different development path, as MoneroV's will focus on mitigating the mass use of botnets and unsuspected browser-based miners.
- MoneroV will have an active development fund that would be used for rapid development and feature integration versus Monero's voluntary donation based development process.
- In addition, MoneroV will implement new protocols that will solve the scaling problems facing Monero and other cryptocurrencies such as Bitcoin. In-depth detail is included in the MoneroV roadmap: https://monerov.org/MoneroV-Roadmap.pdf.
How should I keep my XMR to make sure I will receive XMV?Any wallet that is secure and allows you exclusive access to your seed private key would be a suitable wallet to use to receive MoneroV.
We will publish guides and technical tutorials for safe retrieval of your XMV from popular wallets such as the Monero GUI wallet (getmonero.org), Mymonero.com and the Monero RPC. Some wallets may offer native access to your XMV.
When will the MoneroV wallet be released?The official MoneroV wallet, in addition to other dependencies such as the MoneroV daemon will be released a few days after the blockchain snapshot date, as compilation and setup can only occur after the 1564965 blockchain height point.
How can I join the development team?Anyone can join the MoneroV open source project. We are looking for talented C++ & Node.js developers as well as front-end developers and DevOps engineers.
Additional info is available on our FAQ page:
https://monerov.org/faq/Supply & Emission:
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.orgBlockchain Explorer:https://monerovexplorer.comGithub (Repository roll-out):https://github.com/monerovTelegram:https://t.me/joinchat/H4TZNQ98QfDGejxJY0CvhQTwitter (Community):https://twitter.com/monero_vTeam contact:team at monerov.org
