Financial NewsBitcoin ABC promotes eCash, proposing to use blockchain technology...

Bitcoin ABC promotes eCash, proposing to use blockchain technology to open new crypto-investment opportunities

  • On July 1st, 2021, Bitcoin ABC launched the “eCash” initiative, which will alter the digital payment ecosystem in the future.

British Columbia, CANADA, 20 Aug 2021, ZEXPRWIRE, eCash is a cryptocurrency with a clear path to becoming a reliable global currency. It revolves around developing high-quality network features and the compensation of the technical expertise which creates them.

eCash achieves Milton Friedman’s ambition by delivering on major promises like the Avalanche consensus layer and adding innovations never seen before in a Bitcoin project like staking fork-free network updates and subchains.

The roadmap gives a high-level overview of the eCash protocol’s technological direction. Constant incremental enhancements are made to the software. The roadmap’s optimizations and protocol updates allow eCash to expand by orders of magnitude. There are three significant enhancements compared to bitcoin. First and foremost, increasing transaction throughput and, second, improving the user’s payment experience. Finally, to assist tomorrow’s economy, they are expanding the protocol and providing fork-free future updates. Every May 15th and November 15th, the eCash network is upgraded.

Bitcoin ABC launched eCash (XEC) on July 1st, 2021. Bits, i.e., two decimal places, will be the dominant unit, not BCHA (8 decimal places), the standard for Bitcoin and Bitcoin Cash, i.e., 1,000,000 XEC = 1 BCHA. The prefix “bitcoin cash:” will be replaced by “ecash:” in the address format. A new website for users and investors has launched to acquire more knowledge about the intricacies of eCash.

The eCash consensus mechanism is believed to be technically proficient with Avalanche, which uses a decentralized governance architecture. According to Bitcoin ABC principal creator Amaury Séchet, Avalanche is a groundbreaking consensus algorithm that cuts transaction confirmation time to less than 1 second, substantially speeding up to block finality.

eCash has been listed on most major exchanges, including UpBit, Binance, Bibox, Huobi Global, and others. In addition, those interested can hunt for the eCash ticker symbol XEC on exchanges, wallets, or price charts to take the initiative toward genuine financial independence.

The eCash team is continuing to build future technology to create an eCash ecosystem that will benefit investors and their hard-earned money. Investors can visit to learn more and make an informed decision for their crypto investments.

Media Contact 

Website: and



Email: [email protected]

The post Bitcoin ABC promotes eCash, proposing to use blockchain technology to open new crypto-investment opportunities appeared first on Zex PR Wire.

Latest news

ShipFinex: A Real-World Asset Tokenization Protocol Now Regional Champions of Startup World Cup Pitch Competition

Dubai, UAE, Nov 15, 2022, ZEXPRWIRE, One of the most promising properties of blockchain has been the ability to...

The world’s largest online general merchandiser DollarStore, will start accepting Oduwacoin in their online U.S flagship Store.

“The official cryptocurrency of the  Dollarstore.” Beverly Hills, California, Nov 14, 2022, ZEXPRWIRE, An incredible milestone for the Oduwa community;...

Gulf Xellence to Host World ESG Summit in Dubai, UAE, 21st-23rd February 2023

THE WORLD ENVIRONMENT, SOCIAL & GOVERNANCE SUMMIT “Leading the future through Environmentally Sustainable Growth”Dubai, UAE, Nov 7, 2022, ZEXPRWIRE,...

Chairperson IFSCA delivers a Keynote address on “Policy Dialogue -Directing ESG  Governance for the Financial Industry “at Singapore Fintech Festival 2022

Chairperson International Financial Services Centers Authority Injeti Srinivas was invited to deliver a keynote address on “ Policy Dialogue...

LedgerFi Appoints Dr Abdulrahmaan Al Ansaari as Chairman of the Board

Dubai, UAE, Nov 4, 2022, ZEXPRWIRE, LedgerFi IT Solutions, a Dubai-based web3 and blockchain company announced the appointment of...

ZoidPay to Revolutionize the Web 3.0 Landscape with $75M Investment Commitment from GEM Digital

A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation...

Must read

USD 19,500, the new key price of bitcoin to start an upward movement

Key facts: In the past, $19,500 has been a resistance...

Blockchain IDOs and Presales You Should Know About

There’s never a lack of new projects opportunities when...

The 10 rules to prepare for the crypto bear market by the savvy investor

While the Bitcoin and cryptocurrency market reached a record capitalization in...

Latin America’s E-commerce Giant Opens Up To Buying Bitcoin

Bitcoin (BTC) and cryptocurrencies are increasingly accepted every day for...

Binance Welcomes Arbitrum – Ethereum’s Second Layer!

For many months, the Ethereum (ETH) network has faced...

You might also like
Recommended to you