eCash[XEC]
eCash is a digital currency that emerged as a result of a hard fork from the Bitcoin Cash blockchain.
eCash, formerly known as Bitcoin Cash ABS, shares several similarities with Bitcoin as it originated as a hard fork of Bitcoin Cash. It maintains a total supply of 21 million tokens and utilizes a Proof-of-Work consensus model.
The eCash network adopts a multi-layered approach that combines a privacy-focused blockchain with an EVM Subchain. This integration enables developers to create decentralized applications (DApps) and smart contracts with ease. Notably, being EVM-compatible means that developers from the Ethereum ecosystem can migrate or expand their existing DApps to the eCash network without the need for extensive reprogramming or modifications.
The eCash network undergoes biannual upgrades on May 15th and Nov 15th, which are obligatory for all node operators. These upgrades are time-based rather than tied to specific block sizes, allowing for better business planning. During these network upgrades, eCash implements improvements across three main categories: scaling transaction throughput, enhancing the payment experience, and extending the protocol to establish a future with seamless upgrades and no forks.
The eCash network adopts a multi-layered approach that combines a privacy-focused blockchain with an EVM Subchain. This integration enables developers to create decentralized applications (DApps) and smart contracts with ease. Notably, being EVM-compatible means that developers from the Ethereum ecosystem can migrate or expand their existing DApps to the eCash network without the need for extensive reprogramming or modifications.
The eCash network undergoes biannual upgrades on May 15th and Nov 15th, which are obligatory for all node operators. These upgrades are time-based rather than tied to specific block sizes, allowing for better business planning. During these network upgrades, eCash implements improvements across three main categories: scaling transaction throughput, enhancing the payment experience, and extending the protocol to establish a future with seamless upgrades and no forks.
Layer 1 (L1)Governance