Monero-Classic is the original Monero chain retained by the Monero team after a hard fork at block height 1,546,000 to resist ASICs. Based on the CryptoNote protocol, Monero-Classic maintains all of the original parameters and properties of Monero. Monero is a decentralized cryptocurrency that operates as secure digital cash run by a user network. It uses ring signatures, ring confidential transactions, and stealth addresses to conceal the origin, amount, and recipient address of all transactions. Transactions on the Monero blockchain cannot be linked to specific users or real-world identities.
Project Highlights
Secure
Monero is a decentralized cryptocurrency that operates as secure digital cash run by a user network. Transactions are confirmed through distributed consensus and then permanently recorded on the blockchain. Theres no need to trust a third party to keep your Monero secure.
Private
Monero uses ring signatures, ring confidential transactions, and stealth addresses to conceal the origin, amount, and recipient address of all transactions. It offers all the benefits of decentralized cryptocurrencies without any compromises on privacy.
Untraceable
Sending and receiving addresses, as well as transaction amounts, are obscured by default. Transactions on the Monero blockchain cannot be linked to specific users or real-world identities.
User-Friendly Trading
Monero is very trade-friendly because it is private by default. As a result, sellers or exchanges cannot blacklist certain Monero coins due to their association with past transactions.