eCash

About eCash

eCash (XEC) is a Layer-1 digital cash network developed by Bitcoin ABC, created on November 15, 2020. It integrates the Avalanche consensus with its core proof-of-work (PoW) layer, forming a Nakamoto/Avalanche hybrid consensus. This integration aims to provide unique properties for a Bitcoin-like chain, including instant transaction finality, staking rewards, extensibility through subnets, and flexible protocol governance. The development roadmap focuses on scaling transaction throughput to over 5,000,000 transactions per second, achieving transaction finality in under 3 seconds, and enabling fork-free protocol upgrades for iterative development.

• eCash was created on November 15, 2020, by Bitcoin ABC.
• It uses a hybrid consensus combining Nakamoto proof-of-work with Avalanche consensus.
• The network aims to scale to over 5 million transactions per second.
• It targets transaction finality in less than 3 seconds.
• eCash supports staking rewards and subnets for extensibility.