mXHV

mXHV can be mined with your CPU and RAM. Hold your mXHV and Follow us..

Haven price today is $4.15 with a 24-hour trading volume of $682,233. XHV price is down -0.5% in the last 24 hours. It has a circulating supply of 15 Million XHV coins and a total supply of 18.4 Million. If you are looking to buy or sell Haven, KuCoin is currently the most active exchange. Haven is an untraceable cryptocurrency with a mix of standard market pricing and stable fiat value storage without an unsustainable peg or asset backing. It achieves this with a built in on-chain smart contract that controls the minting and burning of coins in a network of cryptographically unknown supply to facilitate value for users that choose to send their coins to offshore storage contracts while allowing everyone else to be exposed to the natural price movements of the currency.

Private Money Haven is an ecosystem of untraceable assets that enables users to convert between volatile assets and stable currencies directly within their vault, with complete privacy. Haven (mXHV) enables anyone, anywhere, to convert, store and transfer assets directly from their vault without middlemen, custodians or third-parties.

Singapore’s central bank is in the final stages of reviewing applications for licenses to provide crypto services, including payments and the operation of cryptocurrency exchanges, according to Tharman Shanmugaratnam, minister in charge of the Monetary Authority of Singapore (MAS), which regulates financial institutions in Singapore. https://forkast.news/headlines/singapore-crypto-payment-license/

Fork 1: Rollback the chain while keeping conversions disabled. To get the chain running and exchange wallets open, we will release a fork on July 19, 2021 that initiates the rollback to block 886575. This fork will include code that prevents any type of xUSD or xAsset conversions at the daemon level, making any conversion-based exploit impossible. This will allow us to reinstate the protocol sooner, in a completely secure way, while keeping conversion disabled pending third party review and auditing. It will also allow pools and miners critical to the Haven Protocol network to continue with confidence in the chain. It will also ensure all users looking to buy and sell XHV on exchanges can be confident in their transactions and transfer XHV to Haven Vaults as needed.

The fastest and most secure approach requires two forks. A hard fork is required for two primary reasons: - Securely enable rollback – reverse exploits that resulted in unknown inflation and enable exchange transactions, sending, and receiving of assets. - Implement enhanced validation to make any future attempts to exploit conversions impossible. For each day we spend ensuring the protocol is secure, by building and auditing additional validation proofs, we delay the rollback and reopening of the exchanges. At the same time, we cannot rush the required security updates. As a result, it is necessary to conduct two separate forks, meeting each priority as soon as the code is ready.

Fork process will securely restart chain and open exchanges while third party audits are completed This document highlights the next steps regarding the upcoming hard forks for Haven Protocol. The team’s top priority is to open up exchange wallets and enable all transactions as soon as possible, while completing thorough audits and external reviews of the updated codebase. These updates are in response to the June 2021 exploits. For further details, please read our full report. Rollback to block 886575 On July 8, 2021 the Haven Protocol community participated in a vote to decide on the best response to the June 2021 exploits. A decision was made by the community to roll back the chain to block 886575 by a decisive 95% majority. This rollback is being incorporated into a hard fork on July 19, 2021.

We have, and will continue to, implement more stringent testing and reporting procedures to strengthen the protocol and regain the invaluable trust that has been tested over the past weeks. In addition, we will shortly be releasing a new bug bounty programme that creates a more formalised and simple method for anyone to provide information on bugs and issues. We believe this will significantly assist us in getting as many expert eyes on the codebase as possible to harden the protocol and help prevent future attacks.

This has been a challenging time for the Haven Protocol team, community and all involved in the project. We sincerely regret the recent issues and any harm caused to individuals who may have been left out of pocket by the actions of the exploit. We would particularly like to thank our partner exchanges, including KuCoin and TradeOgre, for their ongoing support of our investigation and efforts to re-open wallets as quickly as possible. The crypto space is still in its very early stages of development, and we are constantly learning and refining the processes by which we build these new financial tools. Building an ecosystem of truly private, stable assets was never going to be easy. Please be assured that we have learnt many crucial lessons from this.

The main result of the rollback is that some transactions will be reversed. There may be a small number of users who will be affected negatively by this action. For those who have carried out on-chain transactions (not buying/selling on an exchange) between the rollback block and the time we conduct fork 1, it is important to note that those transactions will be reversed. In the case that these transactions involved a third party it is suggested that users contact the sending party and advise that the transaction has been reversed and to resend the original amount (after the fork).