eCash
$0.00000696
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XEC
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eCash (XEC) is a Layer-1 digital cash network developed by Bitcoin ABC, established on November 15, 2020. It has set itself apart from preceding versions and other Bitcoin implementations by merging the innovative Avalanche consensus protocol with its core proof-of-work (PoW) layer, expanding fundamental capabilities. Three main development objectives guide the roadmap: * Expanding transaction throughput scaling from roughly 100 transactions per second to over 5 million transactions per second * Improving the payment experience by achieving near-instantaneous transaction finality time * Broadening the protocol and introducing fork-free upgrades supporting faster, iterative development
Amaury Séchet, Bitcoin ABC node software team lead and Bitcoin Cash founder, established eCash (XEC). After the Bitcoin ABC group split from the BCH blockchain, they created a minority fork initially called Bitcoin Cash ABC (BCHA) until the formal eCash (XEC) brand launched July 1, 2021. Despite diverging from BCH, the eCash team perpetuates the scaling roadmap established in 2017. Séchet earlier worked as a Snazzy D Compiler lead developer and Facebook software engineer, concentrating on database scaling and digital cash solutions research and development. Bitcoin ABC engineers specialize in scaling, evident in eCash's distinctive technological development emphasizing Bitcoin-technology planetary-scale scaling.
eCash (XEC) stands as the singular network merging the Avalanche protocol with core Nakamoto consensus, differentiating from typical PoW/PoS Masternode architectures. Consensus happens within 2 seconds via Avalanche versus Nakamoto's standard 10-minute blocks, permitting real-time node communication for finer-grained decisions. The network maintains Bitcoin's trustless, decentralized PoW consensus while gaining flexibility, safety, and velocity through Avalanche. Another eCash advantage involves Avalanche's permissionless subnet capability. Arbitrary protocol modification subnets stay pegged to the principal chain. The team intends establishing an Ethereum Virtual Machine (EVM)-subnet for DeFi interoperability plus a Zero-Knowledge (ZK)-subnet offering additional privacy. The network supplies eTokens—colored-coins implementation via Simple Ledger Protocol. This eToken protocol simplifies and economizes fungible token and NFT management. Cashtab reference wallet direct creation and trading work. Gas-less transactions like Pay2Stay's CRD token prove valuable for stablecoins and cases where users pay transaction fees in the token itself instead of native coin. Successful project completion requires accomplishing five missions: * Securing anonymous transactions * Ensuring transaction immutability * Maintaining nearly-free transactions * Enforcing worldwide secure transactions with sub-3-second finality * Designing coin infrastructure as public good supported by social contract eCash developers created an ambitious roadmap containing: * Canonical transaction ordering for scalable block processing * Schnorr Signatures enabling batched signature validation * Faster block propagation using graphene or alternatives * UTXO commitment with blockchain pruning and quicker initial sync * Merklix-Meta Tree for scalable block processing * Adaptive block sizes supporting market-driven growth to 1TB blocks These ambitious approaches would propel eCash to 50 transactions per user daily for 10 billion users.
Being a Bitcoin fork, eCash (XEC) follows Bitcoin's established guidelines. The ledger history traces to 2009, meaning 95% distribution has occurred with zero token unlocks, vesting schedules, or founder allotments. It mirrors Bitcoin's supply and distribution, with miner rewards halving every 210,000 blocks (roughly four years). eCash shares Bitcoin's 2.1 quadrillion satoshi supply cap, divided by 100 rather than 100 million, yielding 21 trillion XEC. 1 Coin equals 1 million bits. This eases integer handling and aligns with mass-adoption objectives.
Rather than relying solely on proof-of-work (PoW) consensus, eCash integrated an optional Avalanche protocol, combining both technologies synergistically. The Avalanche segment employs stake-proofs for Sybil resistance, constituting proof-of-stake (PoS). However, it differs from other PoS protocols by preventing 51% attacks on validated blocks and transactions rather than generating blocks or validating transactions. The integration is termed Avalanche Post-Consensus, securely finalizing each block and improving node coordination enabling novel features like real-time difficulty changes. Upcoming Avalanche Pre-Consensus advancement—integration stage two and final—will unlock transaction finality under 2 seconds. This provides near-instant payment or deposit settlement regardless of block confirmations, since Avalanche-finalized transactions resist double-spending. eCash (XEC) is neither an ERC-20 token nor related to Avalanche Blockchain (AVAX); it represents an independent blockchain paralleling Bitcoin (BTC).
September 14, 2022: eCash upgraded supporting block finalization employing Avalanche Post-Consensus. This breakthrough permits nodes reaching consensus regarding visible eCash network block status. Fundamentally, nodes verify seen blocks receive network-wide acceptance. This enables secure transaction finalization after one block. Most supporting eCash exchanges have implemented this, minimizing deposit times to sole confirmation. This consensus layer remains voluntary—nodes may link using PoW-only. November 15, 2023: Staking Rewards activated, establishing eCash as the only Bitcoin implementation incorporating staking rewards. Avalanche's refined consensus mechanism supports decisions outside protocol layers, allowing miner policies enforcing payouts like staking rewards dynamically without consensus breakdown. Anyone staking minimum 100 million XEC earn rewards running a Bitcoin ABC node with Avalanche enabled plus valid stake proof. April 4, 2024: Chronik in-node indexer published, removing third-party indexing software necessity, simplifying development and supplying dependable indexing for scale-capable developers and service providers. Chronik marks Bitcoin ABC's development and management ownership of baseline infrastructure supporting scale. It natively supports eToken protocol, streamlining eCash token protocol provider support. Following Chronik, eCash introduced improved Simple Ledger Protocol (SLP)—colored coins feature—titled eTokens. Cashtab reference wallet direct NFT and fungible eToken creation works. XEC airdrops to token holders and gas-less token transactions support multiple businesses including eLempira stablecoin (eLPS) in Honduras. October 1, 2024: Agora marketplace launched. Agora supplies atomic swap protocol implementing non-custodial XEC and eToken exchanges, exhibiting eCash native DeFi. The protocol powers the freshly released eToken DEX in Cashtab. This DEX permits NFT and eToken listing, sale automation, decentralization, and permissionlessness, orchestrating transactions directly onchain. November 15, 2024: Heartbeat upgrade introduced, incorporating additional real-time difficulty adjustment algorithm (DAA) atop primary DAA. This addresses irregular PoW network block intervals. By preventing disruptive switch mining, block generation smooths, guaranteeing faster, predictable processing. This DAA leverages eCash's Avalanche integration solving persistent Bitcoin and minority-hashrate PoW chain difficulties. November 15, 2025: At block 923347, eCash activated Avalanche Pre-Consensus, supplying instant transaction finality and real-time PoW blockchain settlement for the inaugural occasion. This upgrade significantly advances 's speedy, safe, approachable digital cash vision. Pre-Consensus finalizes transactions in below 3 seconds, providing immediate user and business settlement while preserving Nakamoto consensus decentralization and robustness. currently provides among the speediest, most secure settlement worldwide.
eCash (XEC) is accessible via Binance, HTX, CoinEx, Gate.io, and Upbit. Guardarian permits USD direct purchase. Full eCash support services list appears on scorecard.cash and buyecash.com.
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