MoneroV hard fork is a dangerous and harmful factor …

MoneroV hard fork is a dangerous and harmful factor …

MoneroV hard fork is a dangerous and harmful factor for Monero users – MyMonero

The partner of the wallet for storing the Monero MyMonero cryptocurrency Paul Shapiro published a message in which he warned users against receiving coins from the MoneroV fork and advised them to “keep their private keys private.”.

Shapiro said that he was forced to respond to the situation after he was approached by several users who provided evidence that the MoneroV team claims that the MyMonero wallet will take part in the distribution of their cryptocurrency..
Shapiro has officially denied this information and doubted that MoneroV developers are guided by good intentions, calling the fork dangerous and harmful for Monero users.

His doubts are primarily related to the fact that MoneroV developers offer to provide them with private keys from Monero wallets in order to receive a new cryptocurrency. Since MyMonero and other services refuse to support the fork, the only way to get MoneroV at the moment is the project’s own wallet, the code of which remains closed to this day. At the same time, the MoneroV team states that it is working on an open source project, making the caveat that the wallet can only be compiled on the day of the fork..

MoneroV hard fork is a dangerous and harmful factor ...

Thus, a favorable environment is created for a huge number of users who do not have sufficient qualifications to check the code, on the day of the fork rushed to enter their private keys into the MoneroV wallet, the true structure and purpose of which can only be guessed at, Shapiro notes..

In addition to stealing user funds, having a significant share of private keys, MoneroV operators will be able to gain access to information in the Monero blockchain, which is unlikely to appeal to adherents of anonymous cryptocurrency. The BTC Manager portal draws attention to the same problem, directly calling MoneroV an attack on Monero users. The presence of the same addresses in two blockchains opens up tremendous opportunities for data analysis, which in turn can significantly reduce the confidentiality of the Monero network and, in some cases, will allow identifying participants in transactions with an accuracy of specific users, thus completely depriving the ring signatures of meaning that make Monero transactions anonymous..

MoneroV hard fork is a dangerous and harmful factor ...
MoneroV hard fork is a dangerous and harmful factor ...

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