Introduction to eCash
eCash is a Layer-1 blockchain developed by Bitcoin ABC, designed to be a scalable and censorship-resistant electronic cash system. It aims to provide a robust infrastructure capable of processing up to 5 million transactions per second with instant transaction finalization and low fees. The project's roadmap is focused on scalability and technological advancements to create a global payment network that stays true to Bitcoin's original vision.
The Birth of eCash
eCash originated from a fork in the Bitcoin Cash blockchain, led by Amaury Sechet, a prominent figure in the crypto community. This fork resulted in the creation of Bitcoin Cash ABC, which later rebranded as eCash (XEC). The project incorporates the principles of renowned economist Milton Friedman and aims to fulfill his vision of secure and scalable digital cash.
Unique Features of eCash
eCash offers several unique features that set it apart from other cryptocurrencies:
1. Sound Roadmap
eCash's roadmap is meticulously crafted by a team of engineers specializing in scaling solutions. Their expertise in global databases, digital currencies, and dev-ops ensures the project's long-term sustainability and innovation.
2. Reliable Infrastructure
The eCash network is professionally maintained, with regular updates and responsive development support. The infrastructure is designed to provide a seamless user experience and ensure the network's stability.
3. Highest Security
eCash implements the Avalanche Consensus, a groundbreaking protocol that enables instant transaction finalization with the highest level of security. This ensures that transactions are settled quickly and securely, protecting users' funds.
4. Massive Throughput
With its UTXO-based data structure and core optimizations, eCash has the potential to handle over 5 million transactions per second. This scalability makes it one of the most efficient and high-capacity blockchain networks.
5. Extensibility and Interoperability
eCash's development team has designed the network to be easily upgradable and compatible with new technologies and industry standards. This flexibility allows for the integration of trustless Ethereum Virtual Machine (EVM) and other innovative solutions.
6. Permissionless Network and Credible Neutrality
eCash operates as a permissionless network, allowing anyone to participate and transact freely. The network is secured through a hybrid Nakamoto Proof-of-Work and Avalanche Consensus, which enhances its security, while ensuring a decentralized and censorship-resistant value transfer system.
