- Category: Cryptocurrency
- Coin Launched: July, 2020
- Resources: White Paper
- Official Website: eCash
- Reddit: eCash
eCash is the natural continuation of the Bitcoin Cash project. Realizing the vision of the legendary Milton Friedman, eCash follows through on key promises such as the innovative Avalanche consensus layer while also introducing concepts never before seen in a Bitcoin project such as staking, fork-free network upgrades, and sub chains.
ECASH History / Information / Buying / Staking
eCash was created by Dr. David Chaum under his company, DigiCash, in 1990. Though there was interest in the platform from large banks, eCash never took off and DigiCash filed for bankruptcy in 1998. DigiCash, along with its eCash patents, was eventually sold off. In 2018, Chaum launched a new startup focused on cryptography.
HOW ECASH WORKS
eCash was a digital-based system that facilitated the transfer of funds anonymously. A pioneer in cryptocurrency, its goal was to secure the privacy of individuals that use the Internet for micropayments.
BENEFITS OF USING ECASH
Some of the benefits of using Ecash are:
TRANSACTIONS ARE ANONYMOUS
LOWEST TRADING COSTS
GLOBALLY SECUURE TRANSACTIONS
CAN YOU STAKE ECASH
Users gain rewards and more when they stake XEC tokens. Staking helps to protect the network and provides you with a low-risk passive income stream. Staking is lower risk than trading because your rewards are predetermined based on the number of tokens you stake.
COINS SIMILAR TO ECASH
Direct competition to Ecash which are considered similar coins are: