$XEC is short for eCash, a cryptocurrency designed to function like electronic money. It is a fork of Bitcoin Cash ABC and was created by a team led by the lead developer of Bitcoin Cash (BCH), Amaury Séchet.
XEC was launched in 2021 after a November 2020 fork that split BCH into two coins: Bitcoin Cash and Bitcoin Cash ABC. Bitcoin Cash is a fork of Bitcoin optimized for payments.
The main features of XEC are:
1-High transaction speed Low transaction fees Strengthened security.
2-Compatibility with Bitcoin Cash wallets
XEC is still a new cryptocurrency, but it has the potential to become a popular option for electronic payments.
Here are some more details about XEC:
Full name: eCash
Symbol: XEC
Total supply: 21 billion
Blockchain: Bitcoin Cash ABC
Consensus algorithm: Proof-of-Work
Chopping period: 10 minutes
Transaction Fee: Min. 0.00001 XEC, Max. 0.0001 XEC
Transaction speed: 10 transactions per second
Security: SHA-256
Compatible wallets: Electron Cash, Bitcoin ABC Wallet, Sparrow Wallet, etc.