Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XMV] MoneroV - Fork 1:10 of Monero - Finite coin supply - Private
by
BUYMONEROV
on 07/05/2019, 23:18:45 UTC
I am also interested in these questions. But most of all, I would like to know why this fork is needed? In order for the team to earn money on shitfork? Why create a bunch of forks forks? Is project Monero (XMR) is not successful and cant cope with their goals and objectives? What is MoneroV for when there is Monero (XMR)?
[/quote]

1) finite supply in line with Austrian economic principles. Similarly to the most successful and liquid cryptocurrency: Bitcoin

This is particularly important to those who seek store of value properties and deflation (Asian investors for example rank this v.important)

2) different management team and directions, goals, perspectives

Monero is the only meaningful privacy coin tech out there (do your research) so seeking alternative chains like grin etc is a waste of time.

XMV is built off proven tech,  steering it under a different long term vision