eCash XEC
$0.00005 3.58%
Latest Updates
Updated at 02:26$998,219,852.11
#82
$33,171,071.42 34.78%
-$0.000001815 3.58%
-$0.00000036 0.71%
What about eCash?
eCash (XEC) is a cryptocurrency that positions itself as a more efficient electronic cash solution than Bitcoin Cash (ABC) and BCH. It is a fork of Bitcoin Cash (ABC), which means it shares many of the same fundamental features, but with some important differences. The project is still in its early stages, but it has already gained some attention from investors and developers who are interested in its potential as a payment system.
One of the key features of eCash is its use of the Proof-of-Stake (PoS) consensus algorithm. This is different from the Proof-of-Work (PoW) algorithm used by Bitcoin and many other cryptocurrencies. PoS is generally considered to be more energy-efficient and less expensive than PoW, which could make eCash a more sustainable option for electronic payments. In addition, eCash has a faster block time than Bitcoin Cash (ABC) and BCH, which means that transactions can be processed more quickly.
Another important aspect of eCash is its focus on privacy and security. The project uses advanced cryptography to protect user data and prevent unauthorized access to funds. This includes features like zero-knowledge proofs and multi-party computation, which are designed to ensure that transactions are secure and private. Besides, eCash allows users to send and receive payments anonymously, which is an important feature for many people who value their privacy.
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