ECash (XEC) is a renamed version of Bitcoin Cash ABC (BCHA), itself a fork of Bitcoin (BTC) and Bitcoin Cash (BCH). It calls itself a "cryptocurrency used as electronic cash." ECash is intended to be a means of exchange used to pay for goods and services.

The ultimate goal of eCash is to create a more secure P2P electronic cash system.

Blockchain technology can not only improve the efficiency of payments across Europe, but also contribute to a more secure financial ecosystem. Records on cross-border blockchains will be protected by encryption. Network participants assign their private keys to their transactions in a manner similar to digital signatures. If these records are edited in any way, the signature is immediately invalidated - immediately alerting the peer network to changes. Because blockchains are decentralized and distributed across peer-to-peer networks, they are synchronized through many different locations. This means that the blockchain cannot be changed from any central location, and if a hacker or outside party wanted to change the data, they would need access to 51 percent of the participants and change their information at the same time -- which requires enormous computing power. It is this concern for privacy that is invaluable for large-scale cross-border transactions. The blockchain technology that supports this privacy is also evolving.

There are a lot of issues in the market that eCash is looking to reduce. On the one hand, the project aims to help ease investor confusion. Projects like Bitcoin can be prohibitive to users due to their unusual format and unique technical architecture. New terms and symbols have increased the technical barriers to adoption. Ecash's developers recognized these problems as obstacles and decided to stick with a 2-decimal layout that mimicked fiat money. 1, hard bifurcation Hard forks are another important problem that eCash eliminates. Anyone who remembers the birth of Bitcoin Cash and its subsequent hard fork can attest to the damage an ill-timed hard fork can do to the original project. The developers decided that it would be ideal to simplify future network upgrades by making the network scalable. The network combines Avalanche Post-Consensus mechanisms with enhanced security to accomplish this task in a reliable manner. 2. Lack of privacy Most cryptocurrency projects have recently given up privacy in exchange for a more favorable view from regulators. Sadly, this leaves investors at the mercy of anyone who wants a deeper insight into their activities. The eCash system eliminates these problems by integrating zero-knowledge sub-chains to ensure that user privacy remains intact. 3. High fees High fees are another issue that can hurt investors. Networks like Ethereum continue to charge ridiculous fees due to congestion. These costs are at an all-time high. This continues to drive users to look for alternatives in the market. E-cash is one of those options. It offers lower fees than its competitors. Specifically, eCash transactions can be sent at a fraction of the Satoshis cost.

Token name: XEC Total issuance: 21 trillion

XEC is eCash's main cryptocurrency and utility token. The advanced cryptocurrency can be sent around the globe in an open manner in seconds. The token is also used to pay for smart contract enforcement and network costs. Users receive pledge rewards in XEC and can earn them on a variety of popular exchanges.

1. Pledge: Users get rewards and more when they pledge XEC tokens. Staking helps protect the network and provides a low-risk passive revenue stream for users. Staking is less risky than trading, because rewards are predetermined based on the number of tokens the user holds. As a result, it is much easier to pledge consistent returns than to trade. 2. Governance: Another major advantage of the eCash network is its decentralized governance protocol. The network motivates and enables stakeholders to make suggestions to help guide the network forward. Decentralized governance systems are more popular than ever, as they ensure that blockchain networks remain cohesive.

1. Electronic tokens Anyone can create custom tokens on the eCash protocol. The system eliminates the usual technical requirements. Users can use the platform's dashboard to compose separate token names, offerings, numerals, and ICONS. This capability adds many capabilities to the web as it enables businesses to create new revenue generation strategies and entirely new markets. 2, wallet ECash has a local wallet that uses Sighash for increased security. Users can use the system to monitor their assets and buy, sell and trade their cryptocurrencies. Users can also monitor your pledge rewards from this interface. 3, consensus At the heart of eCash is a new consensus algorithm called Avalanche. This unique proof-of-claim system enables ordinary users to participate in the verification process without having to purchase expensive mining equipment. Avalanche is packed with advanced features, and the network has an adaptive block size that can grow up to 1TB. Avalanche also integrates Merklix metadata trees, canonical transaction ordering, and pre-consensus. This strategy provides the network with near real-time processing and transaction finality. 4. CashFusion Protocol CashFusion protocol is a privacy management plug-in for the web. The system offers a high degree of anonymity comparable to the top privacy coins. The system allows you to conduct private transactions as part of the Electrum ABC network. Although the cost of tracking these transactions is much higher than regular transactions.

By combining the core technologies behind Bitcoin's success -- the same fixed supply, halving schedule and Genesis block -- with the latest proof-of-stake consensus and protocol governance, eCash opens the door to possibilities that were previously impossible to achieve. ‍

1. ECash users can benefit from multiple benefits when participating in the network. On the one hand, the network is very secure because it borrows some aspects of Bitcoin. Specifically, the network integrates capped supply, halving plan and Genesis block. 2. One of the main benefits of eCash is its scalability. Developers introduced the Avalanche consensus mechanism to enable near-instant confirmation of time. To accomplish this task, networks use large-scale parallelism and multi-layer structures. This approach enables the network to scale from ~100 tx/s to over 5,000,000 TX /s while remaining responsive and efficient. 3. The multi-layer approach to the eCash network combines privacy-conscious blockchain with EVM sub-chains, enabling developers to easily create Dapps and smart contracts. Separating smart contract functionality is one of the best ways to make new blockchains more scalable. It's worth noting that the EVM name means ethereum developers can move or extend their current DApps to the eCash network without having to reprogram their projects.

"It takes time to argue for such a leap in value, especially if the market is supportive, but with avalanche agreements, Staking, EVM and other big-bang features, eCash is taking a big step toward global e-cash, along with an ecological and application bonanza." "Said one industry researcher.

The eCash network is the latest in the creative thinking behind the Bitcoin Cash project. The network combines years of learning with the latest technological advances. As a result, it is much more advanced than its predecessor and offers more scalability, security, and efficiency. As the network continues to protect more developers and users because of its useful capabilities.