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Author Topic: [ANN] [XMV] MoneroV - Fork 1:10 of Monero - Finite coin supply - Private  (Read 43414 times)
ingo49
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March 03, 2018, 04:52:16 PM
 #121

I'm also waiting for official exchange announcement. XMR is booming right now.
Exchanges should support this as they see it's actually moving the thread.
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Original sin
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March 03, 2018, 11:04:38 PM
 #122

so no binance won't recognize  fork and issue me xmv?
The Godfather
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March 03, 2018, 11:43:09 PM
 #123

xmr is perfect coin.. i hope this xmv will pump it a little Smiley
ingo49
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March 04, 2018, 09:14:33 AM
 #124

so no binance won't recognize  fork and issue me xmv?

They sid they do not have any official announcements yet.
The Godfather
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March 04, 2018, 09:17:28 AM
 #125

i wonder what will be moneroV price
it future will probably be like bitcoinggold
ingo49
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March 04, 2018, 09:38:33 AM
 #126

i wonder what will be moneroV price
it future will probably be like bitcoinggold

I guess you cannot really know, but why bitcoin gold?
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March 04, 2018, 12:51:43 PM
 #127

How does a dynamic block size work without tail emission? (spoiler: it doesn't)

I won't even bother to claim my MoneroV.

Exactly!!..

As for XMV whitepaper its just a copy of cryptonote.org.. XMV has simply proposed a couple of changes to the XMR parameters.
Regarding their cap on supply is a technicality, something of which can easily be addressed with future XMR core changes, if consensus is there!
IMHO, all these forks starting with BTG has done nothing beneficial for the crypto ecosystem but dilute the original forked projects AND to confuse potential investors..
As was once said to me. Take a shit or get off the pottie! Another words.. do something new/radical/on the bleeding edge or not at all.. Dont fuck with something good. 

From what I have seen/read thus far there is nothing radically different about this project!

Heres Monero (XMR) Technical Specs [https://getmonero.org/technical-specs/] Vs MoneroV (XMV) "Proposed" Tech Specs.  Spot the difference.?

XMV:- Total Supply - Capped at 256 Million XMV (Of which about ~5.85% in a coinbase transaction for active development).
XMR:- Total Supply - Uncapped - infinite - then, tail curve: 0.6 XMR per 2-minute block, kicks in once main emission is done, translates to <1% inflation decreasing over time!!
XMR:- Community driven Bounty award fund.! Development - Ongoing/Active..!

XMV:- Proof of Work - CryptoNight (to be modified)
XMR:- Proof of Work - CryptoNight (may change in the future)

XMV:- Difficulty Retarget - Every block. Adjusted difficulty initially after the split.
XMR:- Difficulty retarget: Every block - based on the last 720 blocks, excluding 20% of the timestamp outliers

XMV:- Block Time - Every 2 minutes.  (Same as XMR)
XMR:- Every 2 minutes.  (Same as XMR)may change in the future as long as emission curve is preserved

XMV:- Block Reward - Smooth decrease. Minimum of 6 XMV per block at 184,467,440 XMV in total emission until 256M max supply reach.
XMR:- may change in the future as long as emission curve is preserved -  tail curve: 0.6 XMR per 2-minute block, kicks in once main emission is done, translates to <1% inflation decreasing over time!!

XMV:- Block Size - Dynamic.
XMR:- Block Size - Dynamic, maximum of 2 * M100

XMV:- Privacy - Ring signature / stealth addresses.
XMR:- Sender privacy - Ring signatures | Recipient privacy - Stealth addresses | Amount obfuscation - Ring confidential transactions (Mixer)



XMR > XMV swap will be trackable/Traceable. Read for insight - [https://btcmanager.com/monerov-trap-laid-monero-users/]


The general thinking & words from around the campfire is as follows:- Free XMV coins to dump and buy other alts.. BUT what do I know Wink
ingo49
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March 04, 2018, 03:32:08 PM
 #128

Many new accounts here are defending monero for some reason.
At last we are seeing a fork that actually moves the needle with regards to improving the forked coin.
Cavali7
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March 04, 2018, 07:01:16 PM
 #129

How can I get an amount of Monero or new MoneroV without having large sums of money to invest?
JuanHungLo
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March 04, 2018, 07:19:44 PM
 #130

How can I get an amount of Monero or new MoneroV without having large sums of money to invest?

Ah, the question of the ages.   Cheesy

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. - John Templeton
ingo49
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March 04, 2018, 07:23:34 PM
 #131

By the way, in addition to the recent runs of xmr in charts, a lot more mainstream media talking about the fork!

https://www.investopedia.com/news/monero-tops-350-ahead-fork/

This rise is great for monerov (and monero  Grin ) !
owlcatz
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March 04, 2018, 07:27:22 PM
 #132

What do you all think of this?



This is the linked article in the post - https://medium.com/@tweetingpauls/beware-of-non-native-forks-of-monero-6f5a0bf1fccf
Mine24-7
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March 04, 2018, 07:36:23 PM
 #133

What do you all think of this?
This is the linked article in the post - https://medium.com/@tweetingpauls/beware-of-non-native-forks-of-monero-6f5a0bf1fccf

As long as you move your XMR to a new wallet AFTER the fork, but BEFORE you claim, your XMR is perfectly safe.

This is the first thing you learn about when claiming forks. If you don't know this simple fact, you shouldn't be claiming any fork of any coin.
bestcryptoexistence
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March 04, 2018, 07:37:05 PM
 #134

This fork is going to send the cost of XMR to heavens!
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March 04, 2018, 07:39:03 PM
 #135

What do you all think of this?
This is the linked article in the post - https://medium.com/@tweetingpauls/beware-of-non-native-forks-of-monero-6f5a0bf1fccf

As long as you move your XMR to a new wallet AFTER the fork, but BEFORE you claim, your XMR is perfectly safe.

This is the first thing you learn about when claiming forks. If you don't know this simple fact, you shouldn't be claiming any fork of any coin.

That's not what I was talking about, I know that thank you. I was talking about the part of the US gov't trying to de-anon the currency?

Thanks
Mine24-7
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March 04, 2018, 07:56:11 PM
 #136

What do you all think of this?
This is the linked article in the post - https://medium.com/@tweetingpauls/beware-of-non-native-forks-of-monero-6f5a0bf1fccf

As long as you move your XMR to a new wallet AFTER the fork, but BEFORE you claim, your XMR is perfectly safe.

This is the first thing you learn about when claiming forks. If you don't know this simple fact, you shouldn't be claiming any fork of any coin.

That's not what I was talking about, I know that thank you. I was talking about the part of the US gov't trying to de-anon the currency?

Thanks
Oh... OK...
The "large amount of private keys allows the recipient of those keys to deconstruct large portions of the XMR chain." part of this post is above my pay grade, but it sounds like total BS to me.

First of all..... How are "large portions" of XMR going to be sent to a single recipient??? I'm going to move my XMR from my old wallet to a new wallet, and I can only assume most people would do the same. There's one thing for sure, "large portions" of people aren't going to send their XMR to a single recipient!!! This makes NO sense.... They would be giving away their XMR.

I guess, maybe, a large number of people might send their XMR to their favorite exchange, claim their XMV from their old wallet, then withdrawal their XMR to a new wallet... But this would spread out the deposits to MANY exchanges, not a single recipient.

Yep.... Sounds like orchestrated FUD to me.
ingo49
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March 04, 2018, 08:18:51 PM
 #137

LOL if it's the NSA plan i'm bullish tbh - long term hold.
But, it's not the case imho, still will hold.
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March 04, 2018, 08:33:36 PM
Last edit: March 04, 2018, 08:50:29 PM by owlcatz
 #138

Who exactly are the devs of this project? Is the source really closed? I'm not here to Fud, these are real questions. Huh

Funny.. I asked the same exact questions on Telegram and I got kicked. Red flags people, lots of them....  Roll Eyes

I also think whoever came up with this coin name is a fucking retard.

 Roll Eyes Roll Eyes
Mine24-7
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March 04, 2018, 09:08:16 PM
 #139

Who exactly are the devs of this project? Is the source really closed? I'm not here to Fud, these are real questions. Huh
Funny.. I asked the same exact questions on Telegram and I got kicked. Red flags people, lots of them....  Roll Eyes
I also think whoever came up with this coin name is a fucking retard.
 Roll Eyes Roll Eyes
I didn't mean YOU were spreading FUD. I meant the Medium post was spreading FUD.

There are anonymous Dev's in Bitcoin. As long as there is a lot of peer review of the code, being anonymous isn't a problem.

The Closed Source aspect is a problem. At some point, they'll have to switch to Open Source. There are coins that started off Closed and switched to Open later.
owlcatz
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March 04, 2018, 10:13:14 PM
 #140

Who exactly are the devs of this project? Is the source really closed? I'm not here to Fud, these are real questions. Huh
Funny.. I asked the same exact questions on Telegram and I got kicked. Red flags people, lots of them....  Roll Eyes
I also think whoever came up with this coin name is a fucking retard.
 Roll Eyes Roll Eyes
I didn't mean YOU were spreading FUD. I meant the Medium post was spreading FUD.

There are anonymous Dev's in Bitcoin. As long as there is a lot of peer review of the code, being anonymous isn't a problem.

The Closed Source aspect is a problem. At some point, they'll have to switch to Open Source. There are coins that started off Closed and switched to Open later.

I'd say it's worse than that - You should not be kicked & banned from a telegram channel for just asking basic questions.  I was told they could not release the source until after the fork due to "dependencies"  .... I call bullshit on that. The wallet is out, right? Where is the source for it?  I wasn't even being an asshole. Anyhow, I think this project is just some kind of scam, so I'll be watching it closely. As for all my XMRV, if I even claim them I will just dump them as shit coins. Roll Eyes

Edit: At least this thread is not moderated, that's about the only sign I see of this NOT being scammy so far.  Tongue
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