MoneroV
Crypto Overview
Overview
MoneroV was announced as a hard fork of Monero (XMR) that was supposed to occur at block 1564965 in April 2018. It claimed to solve Monero's scalability issues through a different block size adjustment algorithm and promised improved privacy features.
Current Status
After extensive research, I cannot find any evidence that MoneroV (XMV) successfully launched or is currently active. The project appears to have been abandoned before or shortly after its intended fork date. There is no functional blockchain, no active development, no working website, and no verifiable trading activity.
Intended Purpose and Utility
The stated purpose was to create a more scalable privacy-focused cryptocurrency based on Monero's codebase. However, since there is no evidence of an actual functioning product, we cannot evaluate any real utility.
Development Activity
There is no observable development activity. The original project repositories and communication channels appear to be inactive or defunct.
Crypto Impact
To assign a comfort level investing in MoneroV from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to MoneroV .
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.