What is an eCash Project and why its price moved so up in the past 24hrs? Share your analysis on its price.
eCash was founded by Amaury Sechet, who previously led Bitcoin ABC and played a central role in creating both Bitcoin Cash and eCash. His background includes work on digital cash research and extensive expertise in building scalable systems. The protocol’s lead developer, Fabcien, brings over 15 years of engineering experience, transitioning from the medical devices industry to blockchain in 2018, where he contributed to Bitcoin Cash development before focusing on eCash. The CEO, Antony Zegers, is an electrical engineer with a decade of experience in operational research. After entering the crypto space in 2012, he began actively developing blockchain projects in 2017 and has served as the chief executive of Bitcoin ABC since 2020.
XEC is the native token of the eCash network and powers its transaction, consensus, and subnet ecosystems. It follows a capped supply model of 21 trillion bits, a denomination change that preserves the original Bitcoin supply while making units more practical for everyday transactions. The token is used for supporting anonymous transactions and staking, which offers rewards in XEC tokens for taking part in the network's consensus.
#eCash $XEC