eCash (XEC) is a cryptocurrency that emerged from a rebranding of Bitcoin Cash ABC (BCHA) in July 2021. Developed by Bitcoin ABC, eCash aims to serve as a peer-to-peer digital currency, facilitating fast, low-cost transactions with a focus on user-friendly applications and widespread adoption.
A notable feature of eCash is its integration of the Avalanche consensus protocol, which enhances network security and enables near-instant transaction finality. This integration allows eCash to achieve faster transaction processing while maintaining the decentralized nature of its proof-of-work (PoW) foundation.
In terms of supply, eCash has a total cap of 21 trillion XEC coins, aligning with Bitcoin's supply model but using a different denomination to simplify transactions. As of now, the circulating supply is approximately 19.81 trillion XEC, representing about 94.38% of the total supply.
The eCash network undergoes protocol upgrades twice a year, on May 15th and November 15th, to implement new features and improvements. These regular updates are mandatory for all node operators to ensure network stability and security.
As of February 1, 2025, eCash (XEC) is trading at approximately $0.00003264, with an intraday high of $0.00003369 and a low of $0.00003172. The market capitalization is around $649.35 million, with a 24-hour trading volume of $37.89 million.
For more information, you can visit the official eCash website at e.cash or follow their official X (formerly Twitter) account at @eCashOfficial.
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