Another 20x potential Bitcoin-liked project for your #crypto portfolio! eCash (XEC) 🪙 $XEC
#eCash is a proof-of-work (PoW) cryptocurrency that was forked from Bitcoin Cash in November 2021 by the Bitcoin ABC Team. It is designed to be a peer-to-peer electronic cash system that offers fast, secure, and affordable transactions.
What's the benefits? 🗯️
⚡ Fast and scalable transactions: eCash can process transactions in as little as 3 seconds and can scale to handle up to 10 million transactions per second. This makes it ideal for everyday use as a currency.
🤏 Low fees: eCash transaction fees are extremely low, typically less than a penny. This makes it a cost-effective way to send and receive money.
🛡️ Security: eCash is secured by the Avalanche consensus mechanism, which is one of the most secure and reliable consensus mechanisms in the crypto industry.
🤫 Privacy: eCash transactions are private by default, meaning that users' identities and transaction details are hidden from the public.
👨👨👧👦 Decentralization: eCash is a decentralized cryptocurrency, meaning that it is not controlled by any government or financial institution.
💰 Staking: eCash holders can stake their tokens to earn rewards and support the eCash network.
Overall, eCash is fast, scalable, secure, private, and decentralized. eCash can be used for a variety of purposes, including payments, remittances, investing, and staking.