ICO & Crypto News #52 - 15 February 2018 [Monero Hardfork promises even more secure transactions​​​​]

Hardfork of Monero will occur within the next month. The launch of the new cryptocurrency MoneroV (XMV) is planned on the block 1529810, which is expected to be generated on March 14, 2018. All owners of Monero will receive free XMV coins in the ratio 1:10.

It is assumed that the new cryptocurrency will allow more confidential transactions with a smaller commission and solve the scalability problems. To this end, in the first quarter of 2019, developers promise to implement the new MimbleWimble protocol instead of the current CryptoNight protocol.

It is noted, that the maximum anonymity - one of the main qualities of Monero, which became the reason for its popularity. This cryptocurrency is more often used for financial transactions in a darknet. On February 15, Monero ranks 13th in terms of capitalization among all cryptocurrencies.