$XEC ranked 112
Total Supply 21T xec
Year of Release 2020
Built by a team of experienced bitcoin developers who founded Bitcoin Cash, eCash is a fork of bitcoin with a closer technical roadmap.
Guided by Milton Friedman's academic vision, eCash aims to deliver on important blockchain scalability commitments. The innovative Avalanche consensus layer and its own token layer are unique technical highlights of eCash. eCash also aims to introduce unprecedented features in a Bitcoin project such as staking, forkless network upgrades, and side chains.
XEC is the native token of the eCash network and has the following use cases.
- Token Minting: XEC holders can mint tokens with a custom name, supply, decimal places, and symbol through the eCash platform. Users will be required to pay transaction fees within the network in XEC tokens. The eToken protocol also supports NFTs.
- Staking: XEC token holders can participate in Avalanche Staking, which will be part of eCash governance.