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About eCash

eCash (XEC) is a digital currency that strives to function as electronic cash, facilitating transactions for goods and services. It is a rebranded version of Bitcoin Cash ABC (BCHA), which itself is a fork of Bitcoin (BTC) and Bitcoin Cash (BCH). The base units of eCash are referred to as "bits", a more user-friendly alternative to the decimal places used in Bitcoin Cash ABC. eCash incorporates a proof-of-stake (PoS) consensus layer known as "Avalanche", which is distinct from the Avalanche (AVAX) blockchain. The rebranding of eCash involved a conversion of all BCHA coins to XEC at a ratio of one to one million.

eCash operates with a focus on three primary improvements: scaling transaction throughput, enhancing the payment experience by reducing transaction finality time, and extending the protocol for fork-free upgrades. It aims to scale from 100 transactions per second to over five million transactions per second. eCash also seeks to support Ethereum Virtual Machine (EVM) compatibility and interoperability with the decentralized finance (DeFi) sector on Ethereum (ETH). The developers of eCash have outlined a roadmap to achieve these goals, including features like canonical transaction ordering, Schnorr Signatures, faster block propagation, UTXO commitment, Merklix-Meta Tree, and adaptive block sizes.

eCash strives to fulfill five core missions to ensure its success and usability. These include enabling anonymous transactions, ensuring the immutability of transactions, maintaining low-cost transactions, enforcing transactions with a finality of fewer than three seconds, and designing the coin's infrastructure as a public good, funded via its social contract. These features could make eCash a viable option for a wide range of transactions, from everyday purchases to large-scale business operations. The coin's developers also aim to make eCash interoperable with the decentralized finance (DeFi) sector on Ethereum (ETH), potentially expanding its use cases even further.

eCash, developed by Amaury Sechet, is a rebranded version of Bitcoin Cash ABC (BCHA), which was a fork of Bitcoin Cash (BCH). The fork occurred on November 15, 2020, and the rebranding took place on July 1, 2021. Sechet, who was also a developer of Bitcoin Cash, initiated the rebranding to establish a different identity for eCash. He believed that reducing the decimal places would facilitate the coin's use. Prior to his involvement in cryptocurrencies, Sechet was a software engineer and a lead developer at Stupid D Compiler.

Market

Market stats

Market cap

$915.5M

Volume (24h)

$66.3M

Circulating supply

19.7T XEC

All time high

$0.000306

Market performance

Price change (1h)

-1.79%

Price change (1d)

+1.76%

Price change (1w)

-4.71%

Price change (2w)

-5.53%

Price change (1m)

-11.94%

Price change (1y)

+68.45%

News about eCash

BeInCrypto • May 14, 24

Macro Analyst Raoul Pal Predicts a Parabolic Bitcoin Rally

Raoul Pal predicts a Bitcoin bull run driven by global liquidity cycles and enhanced business cycles, urging investors to focus on top crypto assets and adopt self-custody wallets.The post Macro Analyst Raoul Pal Predicts a Parabolic Bitcoin Rally appeared first on BeInCrypto.

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Bitcoin Magazine • May 14, 24

Bitcoin Asia: China Emerges As New Frontier For Bitcoin Innovation

An opportunity has risen far east that challenges the established Western Bitcoin order.

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BeInCrypto • May 14, 24

Meet TON-Margined Trading at Storm Trade

Storm Trade is the first decentralised derivatives trading platform on Telegram, built on the TON blockchain and allowing trading with leverage up to x50. Keeping up with the times and providing all the best technologies to its users, Storm is releasing a major update – TON-Margin, which will cha...

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CoinDesk • May 14, 24

'CryptoDad' Giancarlo Joins Paxos Board

Paxos has added J. Christopher Giancarlo, a former chairman of the U.S. Commodity Futures Trading Commission who has been a public advocate for the cryptocurrency sector, to its board of directors, the company told CoinDesk.

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CoinDesk • May 14, 24

RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual

The aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.

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BeInCrypto • May 14, 24

Tether Freezes $5.2 Million in USDT Linked to Phishing Scams

Tether's $5.2 million USDT freeze targets phishing scams, showcasing its proactive stance against cybercrime.The post Tether Freezes $5.2 Million in USDT Linked to Phishing Scams appeared first on BeInCrypto.

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eCash is on the decline this week.

The price of eCash has decreased by 1.79% in the last hour and increased by 1.76% in the past 24 hours. eCash’s price has also fallen by 4.71% in the past week. The current price is $0.000046 per XEC with a 24-hour trading volume of $66.26M. Currently, eCash is valued at 84.80% below its all time high of $0.000306. This all-time high was the highest price paid for eCash since its launch.

The current circulating supply of eCash is 19,701,745,298,092 XEC which means that eCash has as total market cap of 19,701,745,298,092.

FAQ

What is the current price of eCash?

We update our eCash to USD currency in real-time. Get the live price of eCash on Coinbase.

What is the market cap of eCash?

The current market cap of eCash is $915.50M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of eCash?

The all-time high of eCash is $0.000306. This all-time high is highest price paid for eCash since it was launched.

What is the 24 hour trading volume of eCash?

Over the last 24 hours, the trading volume of eCash is $66.26M.

What other assets are similar to eCash?

Assets that have a similar market cap to eCash include Marinade Staked SOL, Terra, SingularityNET, and many others. To see a full list, see our comparable market cap assets.

How many eCash are there?

The current circulating supply of eCash is 20 trillion.

Can I buy eCash on Coinbase?

No, eCash is not currently available on Coinbase, but you can sign up to get the latest news on eCash and be notified when it gets added to our exchange.