eCash XEC
1. Summary
- Price
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$0.000035380000 +8.5%
- Market Cap
- $699.97M (#137)
- Supply
- 19.74T / 21.00T
- Description
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eCash has the goal of becoming money that is usable by everyone across the globe. It is the continuation of the Bitcoin Cash project, which is still developed by Bitcoin ABC, which is the team that started it in 2017.
eCash has the goal of becoming money that is usable by everyone across the globe. It is the continuation of the Bitcoin Cash project, which is still developed by Bitcoin ABC, which is the team that started it in 2017.
eCash is a digital currency that was originally created as a hard fork of the Bitcoin Cash blockchain. At the time, eCash was referred to as Bitcoin Cash ABC and had the symbol BCHA.
However, given the fact that it is a hard fork of Bitcoin, it shares several similarities with it, such as having a total supply of 21 million tokens. However, due to a dispute between members of the Bitcoin Cash ABC developers, we had the creation of the eCash token.
eCash was originally redenominated to 1:100000 before its launch, which officially occurred in July of 2021. The ticker symbol for this new token became XEC.
Another change is that eCash has implemented a new consensus algorithm known as Avalanche, a Proof-of-Stake (PoS) system that enables regular users to help in the process of validating without needing to purchase any mining rigs. Avalanche integrates Merklix-Metadata Tree, Canonical Transactions Ordering, and Pre-consensus.
The XEC Token Explained
The network incentivizes stakers to post proposals to help guide the direction of the network. XEC is the main cryptocurrency as well as a utility token for eCash. This is advanced crypto that can be sent globally within seconds, and the token is also used as a means for paying smart contract execution as well as transaction fees. In other words, users receive staking rewards in XEC, and it is available in many exchanges.
Users can gain rewards and more when they stake the XEC tokens, and staking even helps with the protection of the network while also providing users with low-risk, passive income.
Features of eCash
There are many benefits that eCash users gain when they decide to participate within the network.
One of the main benefits is its scalability, where its implementation of the Avalanche consensus mechanism leads to near-instant confirmation times. The network takes advantage of what is known as mass parallelization, as well as a multi-layered structure. This enables the network to expand to over 5,00,000 tx/s and remain responsive as well as valid.
Additionally, the eCash network's multi-layered approach is a combination of a privacy-focused blockchain and an EVM subchain that enables developers to create decentralized applications (dApps) and smart contracts easily.
Anyone can create customized tokens in the eCash protocol. This means that anyone can make up an individual token name, supply, and icon through the dashboard. Furthermore, eCash has its own native wallet, which utilizes Sighash to improve security. This means that users can monitor their holdings while also buying, selling, and trading their cryptocurrencies.
Founders of eCash (XEC)
eCash (XEC) was built by a team of Bitcoin developers that originally founded Bitcoin Cash, and it is a fork with a more aggressive technical roadmap. The founder of Bitcoin Cash and now the head of Bitcoin ABC, which relaunched as eCash, is Amaury Séchet.
| Price | |
| 52W High price | $0.000080097300 |
| 52W High date | 7th Apr 2024 (8 months ago) |
| All Time High (ATH) Date | 4th Sep 2021 (3 years ago) |
| ATH Price | $0.000380010000 |
| % From ATH | -91.62% |
| All Time Low (ATL) Date | 20th Jul 2021 (3 years ago) |
| ATL Price | $0.000018470000 |
| % From ATL | 72.36% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $45.92M |
| Total Supply | 21.00T |
| Max Supply | 21.00T |
| Circulating Supply | 19.74T |
XEC
How does eCash's (XEC) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
2.8%
XEC
4.3%
Similar Market Cap
60 Day Return
-22.5%
XEC
5.5%
Similar Market Cap
1 Year Return
7.7%
XEC
-0.1%
Similar Market Cap
We're monitoring 6 eCash GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All eCash Repos)
Commits vs. The Market
- Past 4 weeks: 142 commits vs. an average of 1
- Past 12 weeks: 423 commits vs. an average of 7
- Past year: 1,747 commits vs. an average of 104
Most Active Repos
| Past week | 48 |
|---|---|
| Past 12 weeks | 191 |
| Past year | 1246 |
| Past week | 22 |
|---|---|
| Past 12 weeks | 68 |
| Past year | 445 |
| Past week | 3 |
|---|---|
| Past 12 weeks | 22 |
| Past year | 169 |
| Past week | 1 |
|---|---|
| Past 12 weeks | 5 |
| Past year | 121 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 10 |
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
Top Developers 2024
In total, 71 developers have contributed to eCash over the past year. Who are the most active eCash developers, by commits, over the past year?
Related Projects
Developers working on eCash also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 1,786 |
|---|---|
| Active Reddit Users (past 24h) | 2 |
| Discord users | 6,073 |
| Active Discord Users | 156 |
| Telegram Users | 13,668 |
| Twitter followers | 108,108 |
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reviews.bitcoinabc.org/p/Fabien/ Official
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reviews.bitcoinabc.org/p/tyler-smith/ Official
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reviews.bitcoinabc.org/p/Fabien/ Official
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reviews.bitcoinabc.org/p/tyler-smith/ Official
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reviews.bitcoinabc.org/p/Fabien/ Official
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reviews.bitcoinabc.org/p/Fabien/ Official
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reviews.bitcoinabc.org/p/Fabien/ Official
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reviews.bitcoinabc.org/p/Fabien/ Official
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reviews.bitcoinabc.org/p/tyler-smith/ Official
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reviews.bitcoinabc.org/p/tyler-smith/ Official
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reviews.bitcoinabc.org/p/tyler-smith/ Official
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reviews.bitcoinabc.org/p/tyler-smith/ Official
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reviews.bitcoinabc.org/p/emack/ Official
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reviews.bitcoinabc.org/p/PiRK/ Official
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reviews.bitcoinabc.org/p/emack/ Official
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reviews.bitcoinabc.org/p/kieran709/ Official
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reviews.bitcoinabc.org/p/PiRK/ Official
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reviews.bitcoinabc.org/p/bytesofman/ Official
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reviews.bitcoinabc.org/p/kieran709/ Official
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reviews.bitcoinabc.org/p/PiRK/ Official
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reviews.bitcoinabc.org/p/bytesofman/ Official
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reviews.bitcoinabc.org/p/PiRK/ Official
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reviews.bitcoinabc.org/p/bytesofman/ Official
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reviews.bitcoinabc.org/p/kieran709/ Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.bitcoinabc.org/bcha/ |
|---|---|
| Explorer | https://explorer.bitcoinabc.org/ |
| @bitcoin_abc | |
| /r/BitcoinABC |
Has eCash been audited for security?
No security audits found for this project.
Are you the owner of eCash? Edit it here
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