What Is eCash Coin XEC?

eCash (XEC) is one of the fastest-growing cryptocurrencies. This digital asset is based on Bitcoin, which has low inflation, offering stacking rewards without the significant transaction fees traditional of Ethereum stacking.

Rebranding Bitcoin ABC into eCash XEC

Amory Sechet relaunched Bitcoin ABC as eCash in mid-summer 2021. The updated coin introduces the Avalanche consensus layer, introducing concepts not previously used in BTC, including stacking, network updates without forks, and subchains.

The primary unit is now bits (2 decimal places) instead of BCHA (8 decimal places).

Now 1 BCHA corresponds to 1,000,000 XEC crypto coins.

But before that, Bitcoin ABC was launched on November 15, 2020, as a result of a hard fork in the Bitcoin Cash BCH crypto blockchain, which split the primary chain into two new separate ones. The community split came after the Bitcoin ABC team proposed restructuring the miners’ remuneration distribution scheme and directing the 8% payout for all mined blocks to a development fund to finance the network.

How eCash Crypto Project Has Changed?

Now Bitcoin ABC is a node implementation of the XEC protocol. The primary goal of its developers is to provide a stable software and environment for eCash and lead protocol development to create global digital money.

One more advantage is that eCash uses the CashFusion protocol. It provides anonymity comparable to the top privacy cryptocurrencies while maintaining an auditable supply cap.

How To Mine eCash Coin?

XEC Crypto Future Plans

But the project keeps growing. According to the roadmap, the team is now working on Avalanche Post-consensus for increased security and CashFusion for achieving opt-in privacy. Project developers are also going to launch Zero-Knowledge Subchain for bulletproof privacy and Merklix-Metadata Tree, which is needed for scalable block processing.

eCash Coin Price Prediction

Experts believe that the eCash price should rise. According to WalletInvestor , it will reach $0.000665 at the end of 2021. A DigitalCoinPrice team has a more positive prediction saying it’ll cost over $0.00035 by the same time.

XEC Crypto Price Today

Summary

How To Buy eCash XEC?

Just go to StealthEX exchange and follow these easy steps:

  1. Choose the pair and the amount for your exchange. For example, BTC to XEC coin.
  2. Press the “Start exchange” button.
  3. Provide the recipient address to which the coins will be transferred.
  4. Move your cryptocurrency for the exchange.
  5. Receive your coins!

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The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.

Originally published at https://stealthex.io.

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