The live price of eCash is - per (XEC / USD) with a current market cap of $452.03M USD. 24-hour trading volume is - USD. XEC to USD price is updated in real-time. eCash is -% in the last 24 hours with a circulating supply of 19,866.50B.
| Date Comparison | Amount Change | % Change |
|---|---|---|
| Today | - | 0% |
| 30 Days | - | 0% |
| 60 Days | - | 0% |
| 90 Days | - | 0% |
eCash (XEC) is a cryptocurrency and blockchain network designed to provide peer-to-peer (C2C) payments and electronic cash functionality, as well as interoperability with other blockchain networks. Formerly known as Bitcoin Cash ABC (which was a fork of Bitcoin Cash, itself a fork of Bitcoin), eCash also offers anonymous transactions, low transaction costs, and fast verification times.
To replace Bitcoin’s cumbersome format of divisibility up to eight decimal places, eCash tokens can be divided into "bits" (two decimal places), making it more user-friendly. One notable difference between eCash and Bitcoin Cash is its integration of a consensus method called Avalanche (not related to the Avalanche blockchain), which serves as an alternative to the Proof of Work (PoW) mechanism.
As a result, eCash uses a different consensus method from its parent networks and earlier Bitcoin fork networks. The price of XEC is updated in real-time on Binance.
eCash was founded by Amaury Sechet, the lead developer of Bitcoin Cash. He played an active role in the Bitcoin network fork in August 2017. In November 2020, Sechet forked the Bitcoin Cash blockchain to create Bitcoin Cash ABC (BCHA), which later became eCash.
XEC can be used as a peer-to-peer (C2C) payment method that supports anonymous transactions. Additionally, network validators can stake XEC to participate in blockchain consensus and earn rewards, which are distributed in XEC tokens.
The maximum supply of XEC tokens is 21 trillion. As of the time of writing, its circulating supply is approximately 19.27 trillion tokens.
eCash uses a consensus algorithm called Avalanche, in which network participants stake XEC to take part in transaction validation and maintain network security.
eCash is a widely followed Bitcoin fork that operates using its own Avalanche consensus algorithm. Unlike other Bitcoin fork blockchains that typically use Proof of Work (PoW), eCash stands out with this alternative model.
eCash aims to support anonymous transactions, ensure “near-free” transaction fees, and be compatible with the Ethereum Virtual Machine (EVM) to enable smart contract functionality.
The eCash to other currencies exchange rate?
