BEWARE FORKED COINS THAT ASK YOU TO GIVE YOUR PRIVATE KEYSIf you are thinking of partaking in the MoneroV experience, please think twice.
MoneroV developers are not releasing the code to be scrutinized prior to the fork and then asking people to give their private Monero keys to the XMV wallet in order to claim your 10x XMV coins. What this means is that the wallet code could have a backdoor in it that downloads your private keys so they can use them to steal your hard earned XMR. If this isn't true, the devs would release the code long before offering 10x the coins of your XMR. They are giving the illusion that receiving 10 times the XMR in XMV coins is merely an incentive to use the coin, but it's clearly to draw people in to get your private keys.
A private key is a private key. There is no good reason to ever share it with anyone unless you are purposefully selling your wallet for cash or trading it for something else. Your private key is
your private key, do not ever give it to a forked coin for any reason.
More info:
Official Monero devs on the issue:
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https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html -
https://www.reddit.com/r/Monero/comments/7x2ymg/announcement_proofofwork_tweak_and_a_note_on_key/XMV devs reddit damage control:
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https://www.reddit.com/r/MoneroV/comments/7xv7ij/announcement_the_concern_troll_brigade_submission/XMV airdrop privacy concerns:
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https://www.reddit.com/r/MoneroV/comments/7x9mja/monerov_airdrop_automatic/ -
https://www.reddit.com/r/MoneroV/comments/7xkzza/hard_fork_privacy_concern/You will notice some of those reddit threads raising the privacy issue of the coin are locked, an effort to block open criticism of the coin.
Remember: this coin is NOT open source. There is no code to scrutinize on their official github site:
https://github.com/monerovThe finite circulation of coins is bogus as well:
https://www.reddit.com/r/MoneroV/comments/7w4iil/monerov_monero_hard_fork_march_2018_what_you_need/"The supply of MoneroV is so high, you, I, everyone right now, will be dead before Monero has a higher supply than MoneroV.
In the year 2100 there would be 31,456,000 XMR vs ~8 times as many MoneroV
Even in the year 3500 there would still be less XMR than "XMV"."
This means that literally the only reason to move to XMV is to cash in on the 10 XMV coins per XMR. With no code to confirm that back doors do not exist, this is a HIGHLY RISKY FORK.
USER BEWARE!!