What is eCasch #XEC
eCash $XEC is a cryptocurrency that emerged from the rebranding of Bitcoin Cash ABC (BCHA), itself a fork of Bitcoin Cash (BCH). eCash aims to be an electronic form of cash that brings an efficient and secure method of making online payments. The main differences from BCHA are a decimal shift, with 1 eCash (XEC) being equivalent to 100,000,000 of the old BCHA coins, the implementation of the Avalanche consensus layer for improved security and transaction finality, and a new governance system. Additionally, eCash incorporates staking through Proof of Stake (PoS) capabilities augmenting its existing Proof of Work (PoW) system.
