We are excited to update the community on the recent additions and improvements to the MoneroV project. Be sure to get updated and check out the community & ambassador program, join the discussion on Telegram and follow us on Twitter.

Monero’s Protocol Upgrade, MoneroV & Security

Monero’s latest release (v0.13.0) starting from block 1685555 enabled a reduction in transaction sizes with Bulletproofs, but added fixed global ringsize to 11 and have updated the PoW algorithm to a different CryptoNight variant.

The Monero update included a change of random selection that is severely harming privacy as now many of the decoys used in transactions are from empty blocks.

As pointed out by Coinjournal:

BTC.com engineer and concerned Monero user ‘Lacksfish’ has outlined a troubling bias towards the use of coinbase (block reward) transactions as decoys (also known as mixins) occuring on the post-fork Monero chain, with potentially troublesome privacy implications. The Github issue outlined here points towards a concerning number of recent transactions in which there is a disproportionate number of block reward transactions utilised as decoys in the ring signature. A fix has now merged and a new version of the Monero CLI has now been released, but a number of other wallets are yet to upgrade.

This is not the case with MoneroV as MoneroV still has a ringsize that is by default 7 and can be changed to maximize security when transacting. Since the update, MoneroV’s network remains stable, robust and saw a surge of mining power at the time of the update. The release of the upgrade might present unknown vulnerabilities and unnecessary change to Monero. Bulletproofs in its current implementation is more computational intensive then RingCT, hence presenting a serious drawback.

As mentioned in earlier updates and in community talks, MoneroV’s independent network will not tweak its PoW algorithm as of now. Miners, pools, and services do not need to make any changes or download new software to use the MoneroV network which is stable. MoneroV remains the leading Cryptonight V7 based blockchain project, with improvements and add-ons we will be introducing in the coming months.

Googletest on MinGW, Epee and Memory Access Fixes

We have fixed multiple compilation issues in the test suite under MinGW. This will also cause the buildbot to run the tests without issues under Windows. In addition, an iostream bug in Epee was fixed and a fix was issued for an incorrect memory access in devices.


Join the MoneroV Team!

We are looking for talented individuals to join the expanding MoneroV team including:

  • C++ developer with at least two years of Qt experience and experience with blockchain protocols. Full or part-time work opportunity to work on the MoneroV GUI.
  • Community and outreach manager with proven knowledge working on a CryptoNote / Privacy based blockchain project. Help expand social media reach, outreach campaigns and be in charge of 3rd party merchant integration (to include XMV)  from start to finish.


Be sure to get in touch! Official MoneroV links:


Twitter (Community)

Official Website

Blockchain Explorer 




team [@] monerov.org

Official SubReddit

Official ANN Thread

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