What is eCash?

Symbol: XEC · Market cap rank: #259

Short answer

eCash (XEC) is a cryptocurrency currently ranked #259 by market capitalisation. It is classified as Layer 1 (L1), Bitcoin Fork, Proof of Work (PoW).

Source: isthiscoinascam.com

Overview

eCash (XEC) is a Layer-1 digital cash network created by Bitcoin ABC on November 15, 2020. It incorporates a hybrid consensus mechanism combining Nakamoto and Avalanche, enhancing its proof-of-work (PoW) architecture to improve security and functionality.

The project aims for high transaction throughput and efficient payment processing, targeting scalability of over 5,000,000 transactions per second. Additionally, it focuses on achieving transaction finality within three seconds and facilitating protocol extensions through fork-free upgrades, promoting iterative development.

Launched: 2020

Headquarters: Unknown

Scam-risk analysis

eCash has a moderate score — some risk signals were raised but no critical concerns. Is eCash a scam?

See the full report

Live price, holders, audits and the complete scam-risk breakdown.

Open the full eCash report →