The development team of MoneroV has decided to postpone the hard fork. This means that the snapshot or emergence of the new blockchain will happen at block 1564965 instead of previously planned block 1529810. Those who hold original Monero coins will get MoneroV at 1:10 ratio after block 1564965 is mined.
The main intention of the developers behind this project is to adequately answer to the needs of potential investors. It looks like they did not expect such a big demand, observers note. This new altcoin’s source materials will be posted online soon, MoneroV founders promise.
Meanwhile, the vast Bittrex exchange has stated that it would not support MoneroV which might have affected the price of this altcoin even before it was born.
As already described in the older report by Bitnewstoday, one of the main differences between the original Monero and this MoneroV altcoin is the limited coin supply. Another notable features include new scalability protocol upgrades. As witnessed by Vitalik Buterin’s choice of topic on the recent conference, scalability is a crucial issue of further digital currency evolution.