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eCash (XEC) Price
 

eCash (XEC) Price

$0.00002 0.62%

24H
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ERC20

Latest Updates

Updated at 00:32

Market cap

$387,498,101.65 

Market rank

#139 

Volume 24H

$6,821,067.82 15.51%

Price change 24h

+$0.00000012 0.62%

Price change 7d

-$0.000000496 2.55%

What about eCash?

eCash (XEC) is a cryptocurrency designed by the Bitcoin ABC node development team as an enhanced electronic cash solution compared to Bitcoin and Bitcoin Cash. As a fork of Bitcoin Cash, eCash retains many core characteristics of its predecessor but introduces several notable modifications. The cryptocurrency is in the initial stages of development but has already caught the interest of investors and developers thanks to its potential to facilitate transactions with extremely low fees.

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One of the distinguishing features of eCash is its adoption of the Avalanche protocol, which is integrated with its proof-of-work (PoW) algorithm, common to Bitcoin and many other cryptocurrencies. This integration allows eCash to achieve rapid consensus independently of traditional block confirmation times, enabling nearly instantaneous transaction settlements, known as Pre-Consensus.

The integration of the Avalanche protocol also enhances the security of the eCash network, significantly mitigating risks such as double-spending or 51% reorganization attacks. This is accomplished by utilizing stake proofs as a mechanism for Sybil resistance, which not only fortifies network security but also supports protocol governance and provides staking rewards to active node operators.

Moreover, eCash leverages the Avalanche protocol to offer features such as staking rewards, a market-driven infrastructure funding policy, and the ability to implement upgrades smoothly without major disruptions. The network also supports permissionless subnets or sidechains, which foster the development of innovative features rapidly without altering the core protocol layer. Planned developments include an EVM-Subnet for enhanced cross-chain interoperability and advanced smart contracts, as well as a ZK-Subnet for optional privacy enhancements using zero-knowledge proofs.

These advancements position eCash as a promising player in the realm of digital currencies, aiming to offer a scalable, secure, and cost-effective payment system that extends beyond the capabilities of traditional Bitcoin-based solutions.

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FAQ

What determines the price of eCash?

The price of eCash is determined by a range of factors, including supply and demand, market news and events, investor sentiment, and competition from other cryptocurrencies.
Investors can follow the performance of XEC on various platforms, including online exchanges and price-tracking websites like Changelly. By monitoring market news and keeping up to date on the cryptocurrency's performance, investors may gain insights into its prospects and make informed investment decisions.
However, it's worth keeping in mind that cryptocurrency prices are highly volatile and can fluctuate rapidly, so you should exercise caution and conduct your research before investing.

What was the starting price of eCash?

The starting price of an asset refers to the price at which it debuted on the market.
The change in price is due to various factors, including mainstream acceptance of the cryptocurrency, the size of the initial offering, and the level of demand from investors.
You can find historical price data for XEC on Changelly's real-time charts. They offer valuable insights into the cryptocurrency's past performance and can help you make informed investment decisions.
When investing in cryptocurrencies, keep in mind that prices can change quickly due to market conditions and other factors.

What was the highest price of eCash?

The highest price of eCash refers to the highest value that it has ever achieved on the market. This can be influenced by a range of factors, including market demand, investor sentiment, and the overall health of the cryptocurrency ecosystem.
You can track real-time prices of XEC with just a few clicks on Changelly. Our platform provides you with access to historical price data so you can easily analyze the performance of the cryptocurrency over time. Interactive charts make it super easy to understand and help you stay on top of market trends, identify key price points, and keep up with the latest industry developments all in one place.
It is important to note that the highest price ever reached by a cryptocurrency in the past does not always mean it is going to do well in the future. So, before investing, you should exercise caution and do your research.

What was the lowest price of eCash?

Cryptocurrencies are known for their volatile nature, and their prices can fluctuate rapidly in a short period. As a result, traders are always keen to know the lowest price of a cryptocurrency to assess its potential risks and returns.
With Changelly's live charts, you can easily view historical price data for a wide range of cryptocurrencies, including eCash. Our charts provide a wealth of information on the performance of an asset, including its lowest price point.
It is crucial to remember that the crypto's previous lows do not mean it is doomed to fail. Before making any investments, take your time to research and proceed with caution.

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