What is eCash(XEC)?
Do you all know what e-cash (XEC) is? Many of you will be unfamiliar with it. There are many people who wonder if the name is similar to Bitcoin Cash, right? This is a rebranded coin of Bitcoin Cash ABC. Bitcoin Cash ABC is a forked coin of Bitcoin Cash. It is simply that Bitcoin Cash ABC (BCHA) has been rebranded and is called eCash (XEC).
Basic information about eCash (XEC) coin
Let’s learn basic information about Ecash (XEC) coin.
- Coin name : eCash(XEC)
- Rank : #53
- Price : $0.00004548
- Market Cap : $871,202,846
- Total Supply : 18,899,704,673,313
- Listed exchange : Binance, Gate.io, Coinone, Kucoin, Huobi, Poloniex
Ecash is listed on many exchanges like this, which is also the exchange that supported the Bitcoin Cash hard fork. Also, although the price is low, the coin rank is quite high. Because the supply is huge. I just hope that there is no misconception that the price is low because it is undervalued.
Ecash, a rebranding of Bitcoin Cash ABC, has been converted at a ratio of 1 to 1 million and adopts Avalanche’s Proof of Stake (POS). Ecash is also a coin that strives to differentiate itself from existing coins.
What is the outlook for eCash?
In order to differentiate this cash from other coins, the basic unit is called a bit. And the main improvement goals include increasing the transaction throughput from 100 to more than 5 million transactions per second, improving the payment experience, expanding the protocol, and setting up forkless upgrades. Also, what sets it apart from other coins is that it is not an ERC-20 token, but its own blockchain similar to Bitcoin. Like Bitcoin, it also features a halving of mining rewards every 4 years.
Bitcoin Cash and Ecash have seen a lot of decline compared to other coins. The reason Bitcoin Cash surged in the early days of the old days was the pumping of a famous person called Jihan Wu. Currently, Jihan Woo belongs to e-cash and the development direction of e-cash is very positive. So, there can be a spike at any time. For this reason, I have a bright outlook for eCash.
