eCash (XEC) is a Layer-1 digital cash network developed by Bitcoin ABC, the team that originally worked on Bitcoin Cash (BCH). Since its launch on November 15, 2020, eCash has set itself apart by integrating the Avalanche consensus protocol with its core proof-of-work (PoW) layer. This hybrid structure boosts the network’s transaction speed and security, making eCash a versatile digital currency that scales beyond Bitcoin’s capabilities.
The eCash roadmap is centered around three core goals:
Scaling transaction throughput from around 100 transactions per second to more than 5 million.
Improving payment experience by achieving near-instant transaction finality.
Enabling fork-free upgrades through innovative protocol designs, supporting rapid and smooth development.
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Who Are the Founders of eCash?
Amaury Séchet, the lead developer of Bitcoin ABC and founder of Bitcoin Cash (BCH), is also the mind behind eCash. Following a split from the BCH blockchain, Séchet and the team launched Bitcoin Cash ABC (BCHA), later rebranding it as eCash (XEC) in July 2021. Séchet’s background includes work at Facebook and Snazzy D Compiler, where he focused on database scaling and digital cash solutions—an experience that has greatly influenced his vision for eCash.
What Makes eCash Unique?
eCash’s most notable innovation is its Avalanche protocol integration, which allows for a rapid, 2-second consensus, in contrast to Bitcoin’s typical 10-minute block times. This combination of Avalanche and PoW enables eCash to maintain the decentralized and trustless nature of Bitcoin while adding real-time transaction speed, enhanced security, and flexibility.
Another standout feature is permissionless subnet capability, allowing custom subnets to operate on the eCash main chain. The team aims to create an Ethereum Virtual Machine (EVM)-compatible subnet to support decentralized finance (DeFi) and a Zero-Knowledge (ZK) subnet to enhance privacy.
To achieve mass adoption, eCash developers are working on these five primary objectives:
Enabling anonymous transactions.
Ensuring immutability of transactions.
Maintaining nearly free transaction fees.
Enforcing global security with transaction finality in under three seconds.
Building an infrastructure that serves as a public good.
The roadmap also includes advanced solutions, such as:
Canonical transaction ordering for scalable block processing.
Schnorr Signatures for batched signature validation.
Graphene for faster block propagation.
Adaptive block sizes to support user growth.
These initiatives collectively aim to support 50 transactions per user per day for up to 10 billion users, setting the stage for widespread global adoption.
How Many eCash (XEC) Coins Are in Circulation?
eCash has a unique supply structure inspired by Bitcoin’s tokenomics. Similar to Bitcoin’s supply and distribution model, every 210,000 blocks, miner rewards for eCash are halved, with a total supply cap of 21 trillion XEC. This approach makes it easier for users to mentally work with whole numbers and aligns with eCash’s mission to drive mass adoption.
How Is the eCash Network Secured?
In addition to its PoW consensus, eCash utilizes Avalanche Post-Consensus to securely finalize blocks. This mechanism prevents 51% attacks on validated transactions, improving network resilience. Future upgrades, like Avalanche Pre-Consensus, are planned to enable near-instant finality for eCash transactions, ensuring payments or deposits are immediately settled.
Importantly, XEC operates on its own blockchain and is distinct from the Avalanche Blockchain (AVAX). While it uses similar Avalanche technology, it’s tailored for eCash’s unique architecture.
eCash Price Forecast for 2024-2030
The long-term outlook for eCash (XEC) indicates a positive trend, with prices potentially reaching up to $0.000233 by 2029. Below, we break down the projected price ranges and ROI percentages for each year:
