Monero is a cryptocurrency that focusses on the privacy of its users. A lot of people in the cryptocurrency ecosystem value their financial privacy. Monero provides an effective solution to guarantee the privacy of its users. By combining peer-reviewed cryptography to provide transactions that are private and untraceable Monero serves as truly anonymous and fungible electronic cash. In other words, Monero makes it impossible for an outside observer to determine how much money was sent from point A to point B, nor how much money remains in either location.
Ethereum Classic is a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference. Ethereum classic was originated when the Ethereum blockchain forked to stop the theft of the Ethers that were locked in the prestigious DAO contract. Due to an error in the DAO code an attacker was able to steal a large amount of Ethers. To stop the attack a hard fork was deployed. Ethereum classic uses the same code as Ethereum did before the hard fork that was deployed to retrieve the stolen coins in the DAO hack.