What is eCash (XEC)?
eCash (XEC) is a cryptocurrency developed by Bitcoin ABC, a team that originally emerged from the Bitcoin fork in 2017. The project builds on Satoshi Nakamoto’s vision of peer-to-peer electronic cash but aims to overcome limitations seen in earlier blockchain networks such as Bitcoin and Bitcoin Cash. Instead of positioning itself primarily as a store of value, eCash is designed to function as a fast, scalable, and user-friendly medium of exchange suitable for everyday payments.
A central component of eCash’s design is its integration of the Avalanche consensus protocol into its proof-of-work system. Avalanche uses a repeated sampling mechanism and a Directed Acyclic Graph (DAG) structure to achieve rapid agreement across the network, enabling transactions to finalize in roughly two seconds. This approach stands in contrast to Bitcoin’s slower block confirmation times and allows eCash to scale transactions per second without sacrificing security.
eCash also supports customizable subnets that operate alongside the main chain, giving developers the ability to launch specialized environments for DeFi applications, privacy tools, and additional use cases. Token creation is built directly into the wallet interface, allowing individuals and businesses to issue digital tokens for assets, rewards, or other purposes without complex smart contract development.
Privacy features are another important part of the protocol. eCash incorporates CashFusion, a privacy mechanism that obscures transaction origins by mixing coins with those of other users, offering strong anonymity while preserving transparency where needed. Future plans include a zero-knowledge subnet that adds optional, advanced privacy capabilities.
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.
The circulating supply of XEC token is 19.95 trillion, with a total supply of 19.95 trillion tokens. Maximum supply is capped at 21 trillion tokens.
XEC token is listed on Binance for trade and purchase. The current price of XEC is available and updated in real-time on Binance.