You have probably noticed the price of Monero has increased nearly 25% in just a week’s time. On 25th of February, Monero traded for around $275 per coin. By March 4, its price climbed as high as $360 on heavy trading volume.
A potential reason for this upswing is the impending hard fork of Monero – MoneroV.
Let us prepare for the next big thing
Around April 30 a new cryptocurrency MoneroV will be born out of the blockchain and holders of XMR will get a ten times airdrop of XMV coins (1 XMR = 10 XMV).
What is it all about?
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.
What’s the difference?
MoneroV has limited supply of coins while Monero’s coin supply is infinite
MoneroV is planning to implement a new protocol in the months following the release to make scaling possible and deal with “unethical” hashrate, coming from botnets and browser mining
Monero has a permanent development team, while MoneroV doesn’t reveal their identities
MoneroV developers claim XMV 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.
Taking part in the airdrop
The best way to participate in the airdrop is to hold you XMR coins on a cold wallet or at a service you trust that has announced the fork support.
Our team is currently collecting information regarding the future supporters of the fork. If your project is going to implement MoneroV, kindly contact us at firstname.lastname@example.org.
How to prepare yourself?