eCash (XEC) coin issuance price, total amount and white paper introduction

The eCash coin, developed through a Bitcoin Cash fork in 2018, aimed to enhance scalability, optimize costs, and improve user experience.

Dec 19, 2024 at 03:13 pm

eCash (XEC) Coin Issuance Price, Total Amount and White Paper Introduction

eCash (XEC) is a cryptocurrency that was created in 2018 as a fork of Bitcoin Cash (BCH). It is intended to be a more scalable, efficient, and user-friendly version of Bitcoin.

Key Points

• eCash has a total supply of 21 billion coins.
• The coin issuance price was $0.000488.
• The eCash white paper outlines the project's goals, technical specifications, and roadmap.

Coin Issuance Price

The eCash coin issuance price was $0.000488. This price was determined based on the value of Bitcoin Cash at the time of the fork.

Total Amount

eCash has a total supply of 21 billion coins. This is the same as the total supply of Bitcoin. However, eCash has a faster block time than Bitcoin, which means that there will be more coins in circulation over time.

White Paper Introduction

The eCash white paper is a technical document that outlines the project's goals, technical specifications, and roadmap. The white paper was written by the eCash development team.

The white paper outlines the following goals for eCash:

• To be a more scalable, efficient, and user-friendly version of Bitcoin.
• To provide a platform for decentralized applications.
• To enable the creation of a new financial system.

The white paper also describes the technical specifications of eCash. These specifications include the following:

• A block time of 10 minutes.
• A difficulty adjustment algorithm that is based on the Equihash algorithm.
• A transaction fee of 0.000005 XEC.

The white paper also outlines the roadmap for eCash. The roadmap includes the following milestones:

• The launch of the eCash mainnet.
• The development of decentralized applications.
• The creation of a new financial system.

FAQs

What is eCash?

eCash is a cryptocurrency that was created in 2018 as a fork of Bitcoin Cash. It is intended to be a more scalable, efficient, and user-friendly version of Bitcoin.

What is the total supply of eCash?

The total supply of eCash is 21 billion coins. This is the same as the total supply of Bitcoin. However, eCash has a faster block time than Bitcoin, which means that there will be more coins in circulation over time.

What is the coin issuance price of eCash?

The coin issuance price of eCash was $0.000488. This price was determined based on the value of Bitcoin Cash at the time of the fork.

What are the goals of eCash?

The goals of eCash are to be a more scalable, efficient, and user-friendly version of Bitcoin. It also aims to provide a platform for decentralized applications and enable the creation of a new financial system.

What are the technical specifications of eCash?

The technical specifications of eCash include a block time of 10 minutes, a difficulty adjustment algorithm that is based on the Equihash algorithm, and a transaction fee of 0.000005 XEC.

What is the roadmap for eCash?

The roadmap for eCash includes the launch of the eCash mainnet, the development of decentralized applications, and the creation of a new financial system.