Review on MoneroV by LUIS RIVERO R
Monero failed fork.
MoneroV is a decentralized and open source currency focused on transaction privacy. Its main objective is to be used as a P2p exchange currency, in real life reducing collective problems or physical barriers.
This currency uses the MimbleWimble consensus protocol, currently used by other experimental cryptocurrencies that seek greater privacy and scalability.
Hidden identity, since all processes are obfuscated, to avoid tracking. However it is possible to verify the transactions.
In general, this project is turned off in many ways, since it was eliminated from several exchanges, the mining of this chain is turned off, that is, transactions cannot be processed by users so they only have their coins trapped somewhere for now without possibility of using them
The development team is anonymous, and currently verifying their social networks as well as media where they have accounts that there are no updates in recent months.
Pros
- Use MimbleWimble.
- Obfuscated Transactions
- Highly scalable
- Fees of low transactions.
Cons
- Low trading volume, besides being listed in few exchanges.
- No information from its developers.
- Most of their social networks do not have updated data.
- Currently mining with the current blockchain is not working, this according to user reports on telegram
- It was removed from several exchanges where it was listed.
