Topic: MONEROV (hard fork Monero) - page 4. (Read 1494 times)

Is there a discussion on this fork in altcoin anaunsment? Monero is a good coin as for me, it's interesting to find more about its fork

This sounds like an interesting twist on Monero, which I do like and didnt think it was infinite.
Still, maybe it's a good privacy coin and better be finite, but what about it being bloated and un-scalable?


From a quick read, the new fork will be finite, not the opposite.

MoneroV it's Scam! Don't trust!

if the supply is infinite then there may be problems with a value. is it reliable at all?

Monero is infinite in supply while monerov is limited.

"How is MoneroV different from Monero?
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."

Was just reading the whitepaper. Seems like this coin already have a good community and the team are promisingly open about their intent.
Here is a table comparing MoneroV and Monero. We still have less options in cryptonight segment.

MoneroV looks decent to me, but I'm wondering why was it created if Monero's stable enough on its own. Normally forks are created to compensate with the limitations and issues of its source, but for Monero, the fork's features seem to still match what Monero has. I guess the devs are in the works of improving MoneroV more than Monero. Still, it's a good fork, like BTC's forks.

why hard fork when monero itself is a good privacy cryptocurrency? why not optimized monero itself?
it is good of course for XMR holder because they will get free money, but IMO when look back at hardfork trend last year it is just look like dev want to make more money with this thing.

It looks like the fashion of creating cryptocurrencies out of thin air by forking existing successful coins with any pretexts, which started with Bitcoin, is now spreading to other coins as well. This will lead to nothing good.

it sounds very interesting, monero holders also receive more monerov, which is 10 times (1 xmr = 10 xmv). its total supply is also limited, only 256 million and some new features that we do not encounter in monero. like his monerov deserve to be earned.

btw I wait for the announcement thread, in its site also not yet available.

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.

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

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

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

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

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

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

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.

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.

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?