//Warning: Do not invest in MoneroV.

Warning: Do not invest in MoneroV.

Okay MoneroV gets posted about enough I think it’s time someone told the truth about what’s going on. Save this post and paste it on other XMV threads, because this shit is a fucking scam.Everything MoneroV does “differently” is a lie. Here are their claims.On DecentralizationMoneroV claims that Monero is run by one individual and therefore vulnerable. This is false. Monero development is freelanced and funded by the community through charity donations, and that can be seen live HERE.More evidence proving the contrary is how many times Monero has kicked their figurehead off the team: Monero was created by Thankful_for_today and the community banned him. It was acquired by Tacotime – Who the community blocked out as well.Also, how can MoneroV have a decentralized development team if 1) it’s closed source 2) has A DEVELOPER PREMINE and 3) doesn’t invite anyone on the team? Who even audits their code?MoneroV also boasts about their full-time development team. But HMM, somehow it’s a decentralized full-time development team..On Supply CapMoneroV sites in their whitepaper that the Austrian School of Economics determines that a fixed cap on the circulating supply of a coin is best from an economic standpoint. They fail to realize the following things though:Because Monero works differently than Bitcoin, THERE CANNOT BE a supply cap. Monero scales on-chain so they never have to fork to a larger block size. This is done through Dynamic Block Sizing, which relies on people mining for a reward on each block. Monero must always mint new coins for this to work.On Legitimate MiningMoneroV claims to fight the botnets that Monero allows to allow more competition for legitimate miners using their computers.Monero has never supported the use of botnets, and has forked to bar ASICs from ruining the network. MoneroV – Has not.This is not a shitfork like Bitcoin Gold where you just “Claim free money”. MoneroV damages both networks.Because of how Monero works, forking the chain in the specific way MoneroV has chosen to ruins Ring Signatures on both networks for users who decide to participate in the “Free Coin Airdrop”.Monero is anonymous through the Cryptonote protocol which enables Ring Signatures and Stealth Addressing by default. Over the years, more things have been added on top such as subaddresses and RingCT. This makes the transaction A -> B invisible on the blockchain to an outside observer, and MoneroV still has that.The issue with re-using the chain is when B is trying to find out who sent it money by only looking at the blockchain. A -> B is invisible to the average user by stealth addresses, but only to B via RingCT and Ring Signatures. Due to some complicated math I can’t get into with a single Reddit post, this risks the anonymity of A to B.Monero also supports forks in open arms. /r/Aeon is linked on their sidebar for fucks sakes. This is not an issue with forking Monero – This is an issue with MoneroV.Please save, share and spread this post like wildfire. As a large user of Monero I’m making this post completely against my own economical gain, but this really needs to be said. I would even encourage you to ask these questions on their subreddit (although fair warning you will get banned ). Stay safe and happy forking.

Okay MoneroV gets posted about enough I think it's time someone told the truth about what's going on. Save this post and paste it on other XMV threads, because this shit is a fucking scam.

Everything MoneroV does "differently" is a lie. Here are their claims.

  • On Decentralization

  • On Supply Cap

    • MoneroV sites in their whitepaper that the Austrian School of Economics determines that a fixed cap on the circulating supply of a coin is best from an economic standpoint. They fail to realize the following things though:
    • Because Monero works differently than Bitcoin, THERE CANNOT BE a supply cap. Monero scales on-chain so they never have to fork to a larger block size. This is done through Dynamic Block Sizing, which relies on people mining for a reward on each block. Monero must always mint new coins for this to work.
  • On Legitimate Mining

    • MoneroV claims to fight the botnets that Monero allows to allow more competition for legitimate miners using their computers.
    • Monero has never supported the use of botnets, and has forked to bar ASICs from ruining the network. MoneroV – Has not.
  • This is not a shitfork like Bitcoin Gold where you just "Claim free money". MoneroV damages both networks.

    • Because of how Monero works, forking the chain in the specific way MoneroV has chosen to ruins Ring Signatures on both networks for users who decide to participate in the "Free Coin Airdrop".
    • Monero is anonymous through the Cryptonote protocol which enables Ring Signatures and Stealth Addressing by default. Over the years, more things have been added on top such as subaddresses and RingCT. This makes the transaction A -> B invisible on the blockchain to an outside observer, and MoneroV still has that.
    • The issue with re-using the chain is when B is trying to find out who sent it money by only looking at the blockchain. A -> B is invisible to the average user by stealth addresses, but only to B via RingCT and Ring Signatures. Due to some complicated math I can't get into with a single Reddit post, this risks the anonymity of A to B.
    • Monero also supports forks in open arms. /r/Aeon is linked on their sidebar for fucks sakes. This is not an issue with forking Monero – This is an issue with MoneroV.

Please save, share and spread this post like wildfire. As a large user of Monero I'm making this post completely against my own economical gain, but this really needs to be said. I would even encourage you to ask these questions on their subreddit (although fair warning you will get banned ). Stay safe and happy forking.