Wownero is the latest hard fork of Monero, offering much privacy, many rings, and super duper scalability. Monero is a cryptocurrency with unique features:
It is secure: Monero cannot be hacked, so your funds are utterly secure. This is because it utilizes the power of distributed consensus. This means that you’re responsible for your own money and cannot trust any third party or entity for its safety. With Wownero in the picture, more security is in the offing.
Monero is private: the power of the blockchain improves security at the cost of privacy. However, Monero offers privacy-eccentric feature that provides all the security benefits without privacy trade-offs.
Finally, Monero is one untraceable cryptocurrency. This is because it utilizes ring signatures that make it difficult to trace which funds have been spent. No transactions on the network can be traced to a particular user. Wownero launch is set for April 1, 2018. Meanwhile, you can follow them on Twitter or visit their website to find more information about the project.
Cryptocurrency Hard Forks
As technology in mining continues to advance, more hard forks come up as well. It started with Bitcoin cash that was a hard fork of the original bitcoin. Many more have followed including ethereum classic, a hard fork of the ethereum.
Since Wownero borrows from Monero protocol, it is likely that it will have the features of the cryptocurrency with a bit of improvement. Features such as ring signatures are already prevalent in the new cryptocurrency. You can be part of the Wownero team and learn something new about fungibility. The pre-ICO ends in just a few hours.