Monero Classic (XMC) is a decentralized cryptocurrency based on the CryptoNote protocol. Monero original hard forked itself to create a chain that is resistant to ASIC (Application-Specific Integrated circuit) miners. This coin retains all the aspects and features of the original Monero. It uses PoW (Proof-of-Work) consensus mechanism as well as the CryptoNight Algorithm.
Monero Classic is not premined and has semi-centralized liquidity. It uses ring signatures, stealth addresses and ringShow more [+] nfidential to hide transactions. It is impossible to trace the source of any transaction or even the amount, making this coin fungible. This means that Monero Classic coins cannot be blacklisted for having participated in another transaction.
If you want to buy or trade this coin, you can find it in select exchanges including Gate.io, TradeOgre, CoinEx, HitBTC, Xstar. It is important that you store your coins in a wallet for security purposes. Monero Classic has its own XMC Wallet that has Windows and Ubuntu X64 versions.
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