Home Finance News eCash (XEC) Previously Bitcoin Cash ABC (BCHA) on the front page of CoinMarketCap

eCash (XEC) Previously Bitcoin Cash ABC (BCHA) on the front page of CoinMarketCap

Ecash

ECash expressed their excitement stating:  We are now on the front page of CoinMarketCap!

Supporter:  We created BCH, so we have an idea of two how the game is played. You got to keep the BCH name. Take good care of it. The talent moved on to ecash.

Critic:  No adoption. No support. No history. No purpose. Literal copy paste of BCH. Flips Monero. Crypto markets are truly retarded.

eCash claims to be the new battle-tested cryptocurrency forged from centuries of economic theory and over a decade of real-world crypto experience. eCash 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, eCash makes it possible to send money directly to other people online. This includes being able to use eCash to pay for goods and services.

eCash is a cryptocurrency, whereas Bitcoin ABC is the software businesses that is used to interact with and maintain the eCash network. The team behind the Bitcoin ABC software also operates under the same name.

eCash was briefly known as Bitcoin Cash ABC (BCHA). The eCash branding came into effect on July 1, 2021. Exchanges are strongly encouraged to update their older listings accordingly. You may still see eCash listed as BCHA on some exchanges if they haven’t yet made the switch.

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.

You can start off by simply downloading the latest Electrum ABC release and importing your old Bitcoin Cash wallet.

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 uses ”bits” which make it easy to send small payments because you no longer have to handle unwieldy decimal places. For instance, instead of sending 0.00001000 bitcoins (which was the base unit used by BCHA), you’ll simply send 10 bits.

On November 15, 2020, the Bitcoin Cash (BCH) blockchain split into two chains. One of those chains was called BCHA for a time. This chain was what eventually became eCash.

 

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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