OS Required: ubutnu 20.04
This is the complete compilation process for building xmc daemon,wallet and other related programs on ubuntu20.04.
The majority of existing cryptocurrencies, including Bitcoin and Ethereum, have transparent blockchains. Transactions can be verified and/or traced by anyone in the world.This means that the sending and receiving addresses of these transactions could potentially be linked to real-world identities.
Monero-Classic, on the other hand, uses various technologies to ensure the privacy of its users.
Thoroughly research any cryptocurrency or investment opportunity before getting involved. Look for reviews, news articles, and user experiences. Check the authenticity of the project and its team.
Be skeptical of unsolicited communication, whether through email, social media, or messaging apps. Scammers often use these channels to spread misinformation and lure victims. Verify information through official channels.
If an investment opportunity promises extremely high returns with little to no risk, it's likely a scam. Cryptocurrency investments, like any other, carry risks, and there are no guaranteed profits.
Be wary of groups or individuals promoting a cryptocurrency with the promise of quick profits. This can be a sign of a pump and dump scheme where prices are artificially inflated before the scammers sell their holdings, causing the value to plummet.
Be cautious of phishing attempts, where scammers try to trick you into revealing your private keys or login credentials. Double-check URLs and never click on suspicious links.
Stay informed about the latest scams and trends in the cryptocurrency space. Being aware of common tactics used by scammers will help you avoid falling victim to them.
To prevent ASICs, Monero development team intend to initiate this hardfork by changing CryptoNight algorithm, and plan to implement hardfork at block height 1546,000. MoneroClassic keeps the original chain, does not change CryptoNight algorithm, and remains ASIC-friendly.
1. Bulletproofs agreement added;
2. Modified the difficulty adjustment algorithm;
3. Add an RPC interface;
4. Optimize the P2P network connection
5. Several other bug fixed
This version added the PoS consensus mechanism and adopted the PoW+PoS consensus mechanism. It was a meaningful preparation, but in the end we did not officially release Monero-Classic-V2 and gave up on this version.
The improvements of XMC-V3.0 including but not limited to：
1. Mining rewards will decrease from the current 10 XMC per block to 0.1 XMC per block.
2. The reward to the project team from the coinbase transaction will decrease to zero, and there will be no other reward to the project team from XMC-V3.0 in any other way.
3. Swap: 10 XMC-V1.0 swap for 1 XMC-V3.0.
In order to unify the opinions of the entire community, 10:1 swap upgrade was changed into 1:1 swap upgrade.
1. In order to achieve 1:1 swap from XMC-V1 to XMC-V4,the precision of XMC will be changed from 12 decimal places to 11 decimal places.
2. The reward to the project team from the coinbase transaction will decrease to zero, and there will be no other reward to the project team from XMC-V4.0 in any other way.
3. The mining reward will be reduced to 0.1 xmc per block.
Monero-Classic uses various technologies to ensure the privacy of its users.
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