eCash XEC
- The forked brand of Bitcoin Cash ABC is the new brand of Bitcoin Cash. The cache was developed to provide faster transaction speeds and lower fees while maintaining the security of Bitcoin Cash. XEC aims to provide robust and reliable software to make it a sound currency for everyone around the world.
First issue | 2020.11. | Total issue limit | 21,000,000,000,000 |
market capitalization | Current Distribution | ||
As of March 20, 2024 (Courtesy of Coin Market Cap) |
₩ 1.2 Trillion | As of March 20, 2024 (Courtesy of Coin Market Cap) |
19,666,442,173,092 |
As of March 20, 2024 (Courtesy of CoinGecko) |
₩ 1.2 Trillion | As of March 20, 2024 (Courtesy of CoinGecko) |
19,666,435,923,092 |
Characteristics
- The cache has its own token layer based on the Avalanche mainnet, and is developing features such as rewards for depositing and subchains by adding a Proof of Stake (PoS) consensus algorithm.
- XEC owners can participate in decision-making in eCash governance by using or depositing XEC as transaction fees on the network
Vision
- eCash tried to borrow the advantages of Bitcoin Cash and compensate for its disadvantages. Although limited token issuance and half-life of mining are similar, it intends to lead the innovation of digital assets by introducing deposit, subchain and NFT support. E-Cash is ultimately moving toward the use of digital assets in economic systems.
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