icon - eCash
XEC eCash
+ 0.28%
$ 0.00002716
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • 82
    $ 0.00002716
    $ 529,985,084
    $ 80,077,658
    19,515,179,673,093 XEC
    + 0.28%
What is eCash?
eCash is a fork of Bitcoins and Bch and is also known as BCHA. eCash aims to be a means of transaction used to pay for goods and services. On July 1, 2021, the coin was renamed and has since tried to be different from its predecessor. The base units of eCash are called bits. You would send 10 bits with eCash. There is a consensus layer called "Avalanche" in ECash.
There are three main improvements that the developers want to make.

Transaction throughput can be increased from 100 transactions per second to more than five million transactions per second. Reducing transaction finality time will improve the payment experience. Extending the protocol and establishing fork-free upgrades.

Who are the people who started eCash?
The lead developer of eCash is Amaury Sechet, who was the leader of the team that created the predecessor of eCash, BCHA. The fork happened on November 15, 2020.
Money has eight places. Why should it happen? Higher bull market appreciation is enjoyed by Cryptocurrencies with a lower unit price.
After the initial fork away from Bitcoin in August of 2017, it was followed by another fork in November of last year and the most recent fork in November of 2020.

What makes eCash unique?
The developers of eCash want the coin to be compatible with the EVM and with the Defi sector on the internet.

Ensuring that transactions are anonymous. Ensuring the immutability of transactions. Guaranteeing that transactions are free. There is a finality of less than three seconds. The coin will be funded via its social contract.
The developers of eCash have a plan to achieve this.

Transaction ordering to enable block processing. Schnorr signatures can be used to enable signature validation. Block propagation through Graphene or other is faster. UTXO commitment with a faster initial sync. Block processing can be done with the Merklix-Meta Tree. There are adaptive block sizes to support market-driven growth.

There are pages related to this.
It's possible to check out a payment-orientedcryptocurrencies.
Another coin focused on payments is Stellar.
You can read our deep dive into the network.
The latest trading insights and news can be found on the blog.

How many eCash (XEC) coins are in circulation?
There is no tokenomics of eCash but it follows many of the same rules. Every 210,000 blocks, approximately every four years, miner rewards are cut in half, because it shares the same supply and distribution model. ECash has the same supply cap of 2.1 quadrillion satoshis, but instead of those SATS being divided by 100 million to yield 21 million BTC, it was divided by 100, yielding 21 trillion XEC.

How secure is the eCash Network?
In order to speed up transactions, the developers of eCash plan to add proof-of-stake. Enhanced security and fork-free upgrades would allow for advanced opcodes thanks to enhanced script capability.
XEC is not an ERC-20 token, it is its own.
Where can you buy eCash?
You can purchase eCash via a number of websites.