19.02.2018 MoneroV appearance is postponed for a week

Monero hard fork developers reported on a week`s postponement, the date has shifted from the 7th to the 14th of March 2018.

The event will occur at block 1529810, each holder of this cryptocurrency will receive new coins in the rate of 1 XMR:10 XMV.

Unlike the first one, the MoneroV emission will be limited to 256 million units, assure the implementation of the MimbleWimble protocol to scale the network, which can`t achieved on the original one. Blocks are planned to be created every two minutes, at the end of each of them the complexity will be corrected, the PoW algorithm is implemented in the platform work.

Crypto-investors, such as Vincent Briatore, have high hopes for an increase in the rate of the main coin Monero, which they actively write on social networks and film about. It is worth noting that the news about the postponement of a hard fork often causes panic in the community, but in this case, the developers are right to talk to users and clarify things.

At the time of writing, Monero’s capitalization is on the 12th place among other cryptocurrencies, the rate is 309 USD for a coin. It is quite possible that after the hard fork, it will break into the TOP 10.

It is to be hoped that with the growth of its rate, the activity of cybercriminals won`t increase even more, since a large percentage of their activities, directed at illegal use of others devices` capacities, is aimed at mining this cryptocurrency.