Today some individuals involved with Monero have declared sovereignty against the developers of the prominent privacy-focused cryptocurrency β choosing instead to follow the ASIC-supporting legacy chain dubbed Monero Classic. A Declaration of Decentralization According to an official statement from MoneroClassic.org the forked cryptocurrency comes about as a resistance to Monero developers changing the cryptocurrencys proof-of-work model to counter Bitmain-produced ASICs β a decision purportedly made out of fear that Bitmain would be able to effectively Read More The post What the Fork? Monero Classic Already Accused of Being a Scam appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/what-the-fork-monero-classic/