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eCash XEC

eCash header image

1. Summary

Fundamental Rank
Developer Rank
Social Rank
Coinrank
Price
$0.000046420000 +1.4%
Market Cap
$883.11M (#58)
Supply
19.06T / 21.00T
Price
52W High price $0.000332649500
52W High date 5th Sep 2021 (8 months ago)
All Time High (ATH) Date 4th Sep 2021 (8 months ago)
ATH Price $0.000380010000
% From ATH -91.79%
All Time Low (ATL) Date 20th Jul 2021 (9 months ago)
ATL Price $0.000018470000
% From ATL 69.01%
Supply & Trading Volume
Volume (24h) 10.38M
Total Supply 21.00T
Max Supply 21.00T
Circulating Supply 19.06T
Description

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.

1.1 Insights (beta)

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2. Price

XEC/USD

2.1. Market Performance

How does eCash's (XEC) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-65.2%

XEC

-63.5%

Similar Market Cap

60 Day Return

-57.8%

XEC

-45.7%

Similar Market Cap

3. Developer Activity

We're monitoring 5 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: 76 commits vs. an average of 4
  • Past 12 weeks: 298 commits vs. an average of 30
  • Past year: 1,376 commits vs. an average of 488

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

Top Developers 2022

In total, 63 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.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 1,711
Active Reddit Users (past 24h) 3
Discord users
Active Discord Users
Telegram Users 21,580
Twitter followers 90,788
5. News
6. Investment

No funding information found.

7. More Information

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/
Twitter @bitcoin_abc
reddit /r/BitcoinABC

Has eCash been audited for security?

No security audits found for this project.

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