#XEC ECash is a cryptocurrency that can be used as electronic money. The coin was renamed on July 1, 2021, to distance itself from its predecessor, Bitcoin Cash ABC. ECash has some differentiating features that it believes will make it more successful than other cryptocurrencies:
📌It's faster and cheaper than traditional methods such as credit cards or PayPal.
📌It is more private and secure as transactions are made directly between individuals and not through a third party such as a bank.
📌It is decentralized, which means it is not subject to the whims of governments or financial institutions.
The eCash system is more efficient and easier to use than its predecessor, Bitcoin Cash ABC. By using a base unit of “bits”, eCash can avoid the need for complicated decimal places when sending payments. Additionally, eCash has integrated a proof-of-stake consensus layer called “Avalanche” to speed up transaction processing times.
#xec no one talks about it anymore, a very promising coin that could reach 1 dollar after the halving
What is eCash (XEC)? Under the symbol XEC, eCash is a digital asset intended to serve as an internet-based form of global money. The eCash cryptocurrency operates on its own blockchain and originated as a split from Bitcoin Cash (BCH).