eCash
eCash (XEC) is a Layer-1 digital cash network developed by Bitcoin ABC. It was created on Nov 15th, 2020, and has since distinguished itself from its predecessors and other Bitcoin clients in terms of security and core capabilities by combining groundbreaking Avalanche consensus with its core proof-of-work (PoW) layer. This Nakamoto/Avalanche hybrid consensus integration gives it unique properties as a chain similar to Bitcoin, such as instant transaction finality, staking rewards, scalability through subnets, and flexible protocol governance. The development roadmap sets three main goals: Increase transaction throughput from ~100 TPS to more than 5.000.000 TPS Improve the payment experience by reducing transaction finality time to less than 3 second Extend the protocol and establish a forkless upgrade mechanism, enabling faster, iterative development
Overview
eCash (XEC) is a Layer-1 digital cash network developed by Bitcoin ABC. It was created on Nov 15th, 2020, and has since distinguished itself from its predecessors and other Bitcoin clients in terms of security and core capabilities by combining groundbreaking Avalanche consensus with its core proof-of-work (PoW) layer. This Nakamoto/Avalanche hybrid consensus integration gives it unique properties as a chain similar to Bitcoin, such as instant transaction finality, staking rewards, scalability through subnets, and flexible protocol governance. The development roadmap sets three main goals: Increase transaction throughput from ~100 TPS to more than 5.000.000 TPS Improve the payment experience by reducing transaction finality time to less than 3 second Extend the protocol and establish a forkless upgrade mechanism, enabling faster, iterative development
- Sector
- # Public blockchain
- Ecosystem
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