this post was submitted on 05 Oct 2023
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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No need for that. Sending your entire balance to your own wallet effectively resets the sync height. I did it for all my wallets after the last hardfork.
Do hard forks create alternate chains with coins that can be sold?
Yes, but nobody uses the alternate chains and the coins become effectively worthless.