MoneroV (Cryptocurrency)

MoneroV (XMV) claims to be a private, untraceable, finite and secure cryptocurrency which is expected to emerge as hard-fork of the popular Monero (XMR) cryptocurrency blockchain.

Launching newer and modified versions of existing popular cryptocurrencies is the new normal, and MoneroV is emerging as a similar forked-out version of Monero, a cryptocurrency popular for its anonymity, security and privacy features.

All original Monero holders as of block 1564965 will become the owners of 10 times the newly split MoneroV tokens. The fork is scheduled for April 20, 2018.

MoneroV comes with a finite supply of 256 million XMV tokens, and a block time of 120 seconds. Mining difficulty will be dynamically adjusted after the discovery of each block. Privacy and security features will be inherited from the original Monero blockchain using the core principles of ring signature and stealth address.

MoneroV claims superiority over Monero, with better network protocols that will help it achieve more scalability. It also promises more useful add-on features, improved governance, less spam and botnet mining. While Monero’s coin supply is unlimited, MoneroV has a finite coin supply. (For more, see What Is Monero (XMR) Cryptocurrency?)