eCash (XEC)

eCash (XEC)

Rank #54

$0.000041

0.06%

0 BTC

XEC
USD

MARKET CAP

$784.358M

ALL TIME HIGH

$0.00

VOLUME 24H

$17.178M

CIRC. SUPPLY

19,164.505B

VOL/MCAP

2.00%

TOTAL SUPPLY

18,899.705B

DILUTED MCAP

$876.717M

MAX SUPPLY

21,000B

1H USD

0%

24H USD

0.06%

7D USD

0.02%

30D USD

0%

60D USD

1.25%

90D USD

0%

eCash Price Chart

24h Change

0.06 %

eCash - XEC Profiles

What is ECash?

ECash (XEC) is the rebranded version of Bitcoin Cash ABC (BCHA), itself a fork of Bitcoin (BTC) and Bitcoin Cash (BCH). It calls itself a “cryptocurrency that’s designed to be used as electronic cash.” ECash strictly aims to be a means of transaction used to pay for goods and services. The coin was rebranded on July 1, 2021, and has since tried to distinguish itself from its predecessor.

Oustanding Feautures

What is the project trying to achieve?

  • Built by an experienced team of bitcoin developers who founded Bitcoin Cash, eCash is a fork of bitcoin with a more aggressive technical roadmap.
  • Guided by the academic vision of Milton Friedman, eCash aims to deliver on key blockchain scaling promises. An innovative Avalanche consensus layer and its own token layer are unique technical highlights of eCash. eCash also aims to introduce features never before seen in a Bitcoin project such as staking, fork-free network upgrades, and subchains.
  • eCash combines the core tech behind Bitcoin’s success - the same fixed supply, halving schedule, and genesis block - with the latest Proof of Stake consensus & protocol governance.‍
  • The eCash network has protocol upgrades twice a year on November 15th and May 15th. These upgrades are required for all node operators.

What is the unique selling point?

The developers of eCash (XEC) intend the coin to support Ethereum Virtual Machine (EVM)-compatibility and to be interoperable with the decentralized finance (DeFi) sector on Ethereum (ETH). For the coin to become successful, eCash’s developers intend to fulfill five core missions:

  • Ensuring anonymous transactions
  • Ensuring the immutability of transactions
  • Guaranteeing that transactions remain almost free
  • Enforcing globally secure transactions with a finality of fewer than three seconds
  • Designing the coin’s infrastructure as a public good, funded via its social contract

To achieve this, the developers of eCash have laid out an ambitious roadmap, with plans to have:

  • Canonical transaction ordering to enable scalable block processing
  • Schnorr Signatures to enable batched signature validation
  • Faster block propagation through graphene or other
  • UTXO commitment with blockchain pruning and faster initial sync
  • Merklix-Meta Tree to enable scalable block processing
  • Adaptive block sizes to support market-driven growth to 1TB blocks

These highly ambitious solutions would propel eCash to 50 transactions per user per day for up to 10 billion users.

Read Full Article: CLICK HERE 

 

People

We found 0 people related to xec-ecash, include

Organizations

We found 1 organizations related to eCash has Bitcoin ABC

eCash Price Live Data

XEC Price

$0.000041

Trading Volume

$17.18 M

All Time High

$0.00

1hour Change

-0.32%

24hours Change

0.06%

24hours Range

4.89%

24hours Low

$0.00

24hours High

$0.00

Liquidity ±2%

$18,704.27 B

Bids -2%

$1.87 M

Asks +2%

$1.17 M

Market Cap

$784.36 M

Fully Diluted Market Cap

858.50 M

Circulating Supply

19164.50 B

Total Supply

18899.70 B

Max Supply

21000.00 B

eCash Markets

See All Market
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