We are glad to announce that Monero Classic (XMC) is now available for trading on HitBTC.
Monero Classic is Monero original chain retained after Monero team initiated the hard fork at block height 1546000 to become anti-ASIC. Monero Classic is based on CryptoNote protocol and retains all parameters and features of the original Monero chain. The team behind Monero Classic will continue to build the ecosystem based on the original Monero features, making the original chain of Monero and its surrounding ecosystem thrive.
Here is a quick introduction to Monero Classic features:
Monero Classic is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. The transactions are confirmed by distributed consensus and immutably recorded on the blockchain.
Monero Classic uses ring signatures, ring confidential transactions and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Monero Classic provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions.
Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero Classic blockchain cannot be linked to a particular user or real-world identity.
The Monero Classic units cannot be blacklisted by vendors or exchanges due to their association in previous transactions.
Monero Classic got many supporters from the cryptocurrency community. Please visit the www.monero-classic.org for more information