4
submitted 1 year ago* (last edited 1 year ago) by folfgirl@monero.town to c/monero@monero.town

what is the difference between XMR (monero) and XMC (monero classic)

top 10 comments
sorted by: hot top controversial new old
[-] mister_monster@monero.town 8 points 1 year ago

Monero is Monero, Monero Classic was an attempt by cryptonight asic manufacturers to pretend there's some community opposition to RandomX in the hope of salvaging their worthless investment.

[-] tusker@monero.town 7 points 1 year ago

One is used to exchange value around the world and the other is not.

[-] mudamuda@geddit.social 4 points 1 year ago

And the other in a penny stock category due to low market cap. Thus it is more suitable for market pump and dump schemes.

[-] mudamuda@geddit.social 7 points 1 year ago

People sometimes need no a reason but a pretext to create a coin fork. After the BTC/BCH split the general concept of chain hard forking was discovered and many pointless forks was created.

[-] folfgirl@monero.town 3 points 1 year ago* (last edited 1 year ago)

so it was a fork of monero like MoneroV?

[-] mister_monster@monero.town 3 points 1 year ago

Hard forking has been around a long time, LTC was a hard fork of Bitcoin, as was Doge. It didn't start with BCH.

[-] mudamuda@geddit.social 4 points 1 year ago

Litecoin was a fork of codebase not a fork of a chain.

[-] mister_monster@monero.town 3 points 1 year ago

Alright well ethereum/ethereum classic then, that predates BCH. My point is forking didn't start with BCH.

[-] mudamuda@geddit.social 2 points 1 year ago

Ah, yes. The ETH/ETC split was earlier.

[-] azalty@jlai.lu 3 points 1 year ago

Seems like it was an old fork of XMR but it’s pretty dead https://bitcoinist.com/what-the-fork-monero-classic/

load more comments
view more: next ›
this post was submitted on 15 Jul 2023
4 points (70.0% liked)

Monero

1581 readers
23 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago
MODERATORS