XMC is the classical version of monero
April 04, 2018
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.
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First leap upgrade
November 07, 2019
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
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Monero-Classic-v2
November 11, 2020
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.
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Monero-Classic-v3 released
November 1, 2024
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.
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Monero-Classic-v4 released
December 23, 2024
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.