//MoneroV fork – Privacy, Decentralization and Vision Kept?

MoneroV fork – Privacy, Decentralization and Vision Kept?

Okay so a lot of hype and news went about the MoneroV fork, including some serious allegations. Some believe it was a privacy concern, some dismissed it, some are avid followers, and the rest took the hype and created ‘original’ (lol) Monero forks.This previous post on CryptoMarkets laid out the contrarian outlook on things, touching on subjects such as the overload of FUD from the Monero community, Monero’s own centralization and overall this being a significant event for both blockchains.While MoneroV’s project has been attacked numerous time, they did not fallback to the same allegations to Monero such as with crippled mining issues, market manipulations etc, they have just moved on and worked on having a better fork event and improve their coin. An example is the ‘Finite is crap, Monero’s emission tail is the best’, while they have replied with the truth behind emission chosen arbitrarily, and them not taking it to public. Another is them being accused of being supported by Bitmain..Things have changed since, and it seems the successfully resolved any privacy issues, secured support from several exchanges, have two-way replay protection, will be ASIC resistant and much more.From their recent announcement -MoneroV incorporated a new unique difficulty adjustment algorithm that will mitigate attacks on the network including block mining difficulty manipulations and lagging, as was the case in the Monero blockchain after the April 6th update.The previous concern of invalidating inputs was fully resolved as we have included the shared ring database (“ringdb”) feature that was created by the Monero team. Essentially, any previous privacy concern was mitigated altogether.MoneroV incorporates the new cryptonight algorithm variation for mitigating ASIC mining. MoneroV is not related to any coin and will have its own (decentralized) development path.Official MoneroV mining pools have already been tested and are ready for the launch.Two-way replay protection is in place. Transactions on the Monero blockchain will not be able to be replayed on the MoneroV blockchain and vice versa.MoneroV’s community is growing rapidly! We have launched the community & ambassador program. Be sure to check it out and join the discussion on Telegram and follow us on Twitter.MoneroV’s source code, including the MoneroV GUI wallet, the MoneroV daemon, and all other dependencies will be 100% open sourced and published on Github publicly for the community to audit before it is released in a downloadable form. Claims of closed-source software are false.Many exchanges and services have already announced their support of the MoneroV fork. These include HitBTC, CoinEx, BTC-alpha, Coinroom, Ovis & Octaex among others. We are happy to be one of the most supported coins and forks by exchanges, introducing major cooperations a month prior to the chain-split event. Additional listings will be officially announced soon.All in all, they have kept their class, continued to grow and prove support, complied with Monero’s patch and more. So where are the critiques now?

Okay so a lot of hype and news went about the MoneroV fork, including some serious allegations. Some believe it was a privacy concern, some dismissed it, some are avid followers, and the rest took the hype and created 'original' (lol) Monero forks.

This previous post on CryptoMarkets laid out the contrarian outlook on things, touching on subjects such as the overload of FUD from the Monero community, Monero's own centralization and overall this being a significant event for both blockchains.

While MoneroV's project has been attacked numerous time, they did not fallback to the same allegations to Monero such as with crippled mining issues, market manipulations etc, they have just moved on and worked on having a better fork event and improve their coin. An example is the 'Finite is crap, Monero's emission tail is the best', while they have replied with the truth behind emission chosen arbitrarily, and them not taking it to public. Another is them being accused of being supported by Bitmain..

Things have changed since, and it seems the successfully resolved any privacy issues, secured support from several exchanges, have two-way replay protection, will be ASIC resistant and much more.

From their recent announcement

  • MoneroV incorporated a new unique difficulty adjustment algorithm that will mitigate attacks on the network including block mining difficulty manipulations and lagging, as was the case in the Monero blockchain after the April 6th update.
  • The previous concern of invalidating inputs was fully resolved as we have included the shared ring database (“ringdb”) feature that was created by the Monero team. Essentially, any previous privacy concern was mitigated altogether.
  • MoneroV incorporates the new cryptonight algorithm variation for mitigating ASIC mining. MoneroV is not related to any coin and will have its own (decentralized) development path.
  • Official MoneroV mining pools have already been tested and are ready for the launch.
  • Two-way replay protection is in place. Transactions on the Monero blockchain will not be able to be replayed on the MoneroV blockchain and vice versa.
  • MoneroV’s community is growing rapidly! We have launched the community & ambassador program. Be sure to check it out and join the discussion on Telegram and follow us on Twitter.
  • MoneroV’s source code, including the MoneroV GUI wallet, the MoneroV daemon, and all other dependencies will be 100% open sourced and published on Github publicly for the community to audit before it is released in a downloadable form. Claims of closed-source software are false.
  • Many exchanges and services have already announced their support of the MoneroV fork. These include HitBTC, CoinEx, BTC-alpha, Coinroom, Ovis & Octaex among others. We are happy to be one of the most supported coins and forks by exchanges, introducing major cooperations a month prior to the chain-split event. Additional listings will be officially announced soon.

All in all, they have kept their class, continued to grow and prove support, complied with Monero's patch and more. So where are the critiques now?

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