eCash is a battle-tested cryptocurrency forged from centuries of economic theory and over a decade of real-world crypto experience. It is the implementation of the tech-secured sound money envisioned by luminaries in monetary philosophy like Milton Friedman.
eCash is a cryptocurrency that’s designed to be used as electronic cash. Just like the invention of emails made it possible to send direct messages online, it makes it possible to send money directly to other people online. This includes being able to use eCash to pay for goods and services.
You can use eCash to send and receive payments without the need for a bank account. It’s available in every country, and you can use it to send and receive cross-border payments anywhere in the world.
Since eCash transactions go directly between you and whoever you’re paying or getting paid by, you don’t need a bank account to own it. Instead, you just need an electronic wallet. Once you have a wallet, you can get eCash by buying it on a cryptocurrency exchange and then sending it to your wallet. Other people can also send eCash to your wallet.
eCash opens the door to possibilities previously unattainable by combining the core tech behind Bitcoin’s success – the same fixed supply, halving schedule, and genesis block – with the latest Proof of Stake consensus & protocol governance.
eCash is the continuation of the Bitcoin Cash project and continues to be developed by Bitcoin ABC, the team who started it back in 2017.
eCash Key Features
A consensus protocol to enhance blockchain security, enable near-instant confirmation times, and streamline future network upgrades.
Avalanche is a revolutionary consensus algorithm that enables instant transactions, enhanced security, and fork-free upgrades. Other bitcoin competitors (like Bitcoin Cash) lost significant value from contentious (and seemingly endless) forks.
Avalanche brings technically sound, politically decentralized governance to the protocol.
Monetary ecosystems have many important stakeholders. Proof of work mining has extensive empirical history and ensures that some stakeholders are incentivized to continue supporting the network.
Recent crypto developments have also proven the value of holder-based staking. Because the focus of eCash is on building the best money possible, every technically feasible solution is on the table.
Avalanche staking will be a critical part of eCash governance and user incentivization.
eCash supports tokens and dividend payments. Create your own token with customized name, supply, decimal places, and icon. eCash supports tokens that anyone can create and trade.
Instantly create your own token with your own name, supply, decimal places, and icon — all for the low cost and high speed of a single transaction (much less than $0.01).
eCash protocol revenue is re-invested into development and technology projects. Funds are allocated annually by the Global Network Council (GNC).
Small, convenient denomination (BITS)
No other money has 8 decimal places. Why should eCash?
Cryptocurrencies with a lower unit price also enjoy higher bull market appreciation. Because the team is incentivized to ensure the highest currency valuation possible, this change was a no-brainer.
You can’t always say what you think anymore. More and more, Big Tech controls what you can see and say. On the internet, privacy is the only way to defend your individual freedom.
eCash is built by early Bitcoin developers who have been working to solve the problem of internet and financial privacy long before Satoshi’s whitepaper.
Unfortunately, data analytics and tracking technology have advanced while Bitcoin privacy tech has remained stagnant.
Privacy is fundamental to sound money. This is why eCash supports the CashFusion protocol.
CashFusion offers anonymity comparable to the top privacy coins while maintaining an auditable supply cap. It can be turned on or off at any time within Electrum ABC.
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The content on this site is for informational purposes only and is not intended as a substitute for professional financial advice. As always, DYOR/Do Your Own Research.