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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

Australia Market Stats

Market cap

A$1.5B

Volume (24h)

A$28.3M

Circulating supply

19.7T XEC

All time high

A$0.000466

Price change (1h)

+1.89%

Price change (24h)

-3.17%

Price change (7d)

-13.08%

Australia News about eCash

The Block • Apr 29, 24

MicroStrategy buys 122 BTC in April to bring total holdings to 214,400 BTC

Michael Saylor's MicroStrategy purchased $7.8 million worth of BTC in April, bringing its total holdings to 214,400 BTC.

Read more

News Article Image

CoinDesk • Apr 29, 24

Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut

Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S. debut in January.

Read more

News Article Image

The Block • Apr 29, 24

A bill combining marijuana banking and stablecoins? Top Republican French Hill says he’d vote for it: Bloomberg

Top Republican Rep. Hill told Bloomberg he would support a legislative package that includes both marijuana banking and stablecoins.

Read more

News Article Image

Bitcoin Magazine • Apr 29, 24

MicroStrategy Bought 122 Bitcoin In April, Now Holds 214,400 BTC

MicroStrategy now holds 214,400 bitcoins at an average purchase price of $35,180 per BTC.

Read more

News Article Image

DL News • Apr 29, 24

These four experts say they’re bullish amid Bitcoin ETF inflow lull: Finance giants ‘slowly wading in’

Bitcoin ETFs have suffered net outflows for the third week in a row, but investors have no reason to worry, ETF experts say.

Read more

News Article Image

CoinDesk • Apr 29, 24

Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond

NEW YORK — Samourai Wallet co-founder Keonne Rodriguez pleaded not guilty to two criminal charges tied to creating and marketing the privacy-focused bitcoin wallet application and mixing service in a Manhattan courtroom on Monday.

Read more

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eCash is on the decline this week.

The price of eCash has increased by 1.89% in the last hour and decreased by 3.17% in the past 24 hours. eCash’s price has also fallen by 13.08% in the past week. The current price is A$0.000075 per XEC with a 24-hour trading volume of A$28.32M. Currently, eCash is valued at 83.82% below its all time high of A$0.000466. This all-time high was the highest price paid for eCash since its launch.

The current circulating supply of eCash is 19,695,173,423,092 XEC which means that eCash has as total market cap of 19,695,173,423,092.

FAQ

What is the current price of eCash?

We update our eCash to AUD 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 A$1.48B. 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 A$0.000466. 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 A$28.32M.

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.

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