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eCash Price

(XEC)

$0.00000837
0.00%(5m)

1m5m15m1h8h1d1W
eCash (XEC) Live Price Chart

    eCash Live Price Data

    eCash is currently trading at 0.00000837, with a 24-hour trading volume of --. Over the past 24 hours, the price of eCash changed by -3.57%, and over the past week, its value in rose by +62.84%. The circulating supply of eCash is 20.06T XEC, with a market cap of 0 , down -3.57% in the last 24 hours. eCash is ranked #138 by market cap.

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    Note: This data is for reference only.
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    XEC(XEC) Profile

    altRank138
    rateB
    Expand
    $0.00000827
    $0.00001038

    ATH
    $0.00059259
    Price Change (1h)
    -1.76%
    Price Change (24h)
    -3.57%
    Price Change (7d)
    +62.84%
    Market Cap
    24h Volume
    Circulating Supply
    20.06T
    Max Supply
    21T

    About eCash

    • What is eCash (XEC) Crypto?

      eCash (XEC), short for electronic cash, is a cryptocurrency designed for making digital payments in a peer-to-peer format, such as transferring payments to users or paying for goods and services. eCash, formerly known as Bitcoin Cash ABC (BCHA), emerged as a hard fork from the original Bitcoin blockchain and Bitcoin Cash network.

      It offers a quick, cheap, and safe way to conduct financial transactions without needing a bank account or an intermediary. Users can send and receive payments in cryptocurrencies worldwide using their cryptocurrency wallets using XEC coins with low transaction fees, high speed, and more robust security.

      The development of eCash was inspired by Milton Friedman, who envisioned the need for reliable electronic cash for the global community to truly enjoy the power of the internet. Friedman imagined eCash to be one of the major forces that could drive the digital transformation of people’s lives through the internet and reduce the role of government as a result.

      The eCash project is developed and maintained by Bitcoin ABC, which comprises leading early Bitcoin developers. XEC is the native cryptocurrency of the eCash network. It has the same fixed supply as that of Bitcoin - 21 trillion XEC to 2.1 quadrillion satoshi after the redenomination of the base unit for eCash crypto.

    • How Does eCash Work?

      eCash leverages an infrastructure similar to that of Bitcoin - the world’s largest cryptocurrency by market cap and popularity. It enjoys the same fixed supply for XEC as BTC and has the same halving schedule as the Bitcoin network. Having originated from a hard fork of the original Bitcoin blockchain, the eCash network also shares the same genesis block as Bitcoin.

      It is the continuation of the original Bitcoin Cash project, but where it differs from Bitcoin and Bitcoin Cash is in its consensus mechanism. Unlike BTC and BCH, XEC’s network uses a Proof of Stake (PoS) consensus algorithm and supports decentralized governance within its ecosystem.

      eCash uses the Avalanche consensus algorithm, a revolutionary consensus mechanism that allows the network to enjoy instant transactions, superior security, and fork-free network upgrades. This critical factor gives the eCash network a significant edge over other networks that forked from Bitcoin, including Bitcoin Cash.

      eCash supports Avalanche staking, a process that helps the decentralized governance of the network and offers incentives to users within the blockchain to contribute to its security. Unlike Proof of Work networks that require validators to mine cryptocurrency, the staking-based consensus mechanism provides incentives of continuous support in securing the network, offering higher resilience against potential attacks.

    • History of eCash and XEC Coin

      eCash originated from a hard fork of the Bitcoin Cash blockchain in November 2020. It was initially called Bitcoin Cash ABC (BCHA) until it underwent a rebranding in July 2021 to eCash (XEC).

      The rebranded eCash blockchain leverages the Avalanche PoS consensus algorithm, allowing users to stake XEC tokens for governance and securing the network. The interoperability makes it possible for eCash to be scalable with Layer-2 PoS solutions.

      eCash uses “Bits” as its base unit, making it convenient to use XEC to transfer small payments on its network. This feature prevents the use of decimal places in calculating and converting small payments for transfer.

      As of January 2023, the BCHA developers have made block processing more scalable with the rollout of Canonical Transaction Ordering, while Schnorr Signatures allow for batched signature validation. Future upgrades per the eCash roadmap include upgrades that can make the network more scalable, usable, and extensible. The developers plan to roll out upgrades to the eCash blockchain every year on May 15 and November 15.

    FAQ

    • How much is 1 eCash (XEC) worth?

    • Is eCash (XEC) a Good Investment?

    • What Is the eCash Crypto Price Prediction?

    • What Is XEC Token Used For?

    • Will eCash Reach $1?

    • What Is the Difference Between eCash and Bitcoin ABC?

    • What is the all-time high price of eCash (XEC)?

    • What is the all-time low price of eCash (XEC)?

    • How much eCash (XEC) is there in circulation?

    • How do I store eCash (XEC)?