eCash

eCash (XEC)

Full information about eCash (XEC). Current eCash price in JEP, XEC open/close rates, eCash history charts, eCash market capitalization and volume.

1 XEC = 0.000026 £ Jersey Pound (JEP)
0.0000351 JEP

Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago 1 USD = 0.754311 JEP

General information
Global rank:97
Name: eCash eCash
Symbol:XEC
Current coin price (JEP):0.000026 £
Last hour:arrow_upward0.670 %
Last 24 hours:arrow_downward-3.45 %
Last 7 days:6.20 %trending_up
Capitalisation (JEP):523 092 160.81 £
Volume 24h (JEP):9 095 594.43 £
Available supply:19 764 257 798 090.00 XEC
Total coin supply:21 000 000 000 000.00 XEC
Start date:2021-07-01
Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago

eCash/Jersey Pound (XEC/JEP) price chart

eCash/Jersey Pound (XEC/JEP) capitalisation and volume charts

What is eCash (XEC)?

eCash (XEC) is a cryptocurrency built by the experienced team of developers who founded Bitcoin Cash. It is a fork of Bitcoin, but with a more aggressive technical roadmap. eCash aims to deliver on key blockchain scaling promises, introduce features never seen before in a Bitcoin project, such as staking, fork-free network upgrades, and subchains, while also maintaining the core technology behind Bitcoin's success, including the same fixed supply, halving schedule, and genesis block​.

Who created eCash (XEC)?

eCash (XEC) was created by an experienced team of developers, led by Amaury Sechet, who initially founded Bitcoin Cash. On July 1, 2021, Bitcoin Cash ABC (BCHA) was rebranded to eCash (XEC). This rebranding was not a token swap, and there were no changes to the blockchain. Rather, it simply changed how things are displayed to users in wallets and exchanges. For example, the primary unit is now bits (2 decimal places) instead of BCHA (8 decimal places), and the conversion is 1 BCHA = 1,000,000 XEC​.

What is it used for?

The native token of the eCash network, XEC, has several use cases. It can be used for token minting, allowing XEC holders to mint tokens with a custom name, supply, decimal places, and icon via the eCash platform. Users need to pay for network transaction fees in XEC tokens. The eToken protocol also supports NFTs. Additionally, XEC token holders can participate in Avalanche Staking, which is part of eCash governance. The eCash network also has protocol upgrades twice a year on November 15th and May 15th, which are required for all node operators.