eCash is a Layer 1 network that combines Avalanche consensus on Bitcoin-based UTXO and SHA-256 PoW to increase payment finality, security, and scalability. The official site describes eCash as “Cash for the Internet” and “fast, secure, extensible layer 1,” and presents the combination of Bitcoin’s PoW and Avalanche’s speed and security as a key differentiator. (eCash)'s official technology page explains that eCash combines Bitcoin's PoW and Avalanche for instant payments, high TPS, and low fees. The roadmap presents a long-term goal of expanding throughput from about 100 tx/s to over 5,000,000 tx/s, with the payment experience goal being “instant arrival...
Investment View
Connected to miner policy and funding address rules. Definition: A self-funding model to sustain network infrastructure and development. Function: Reduces dependence on external foundation donations or VCs, but creates legitimacy and governance risks in distribution of development funds. (eCash) Bitcoin ABC is a full node implementation of the eCash protocol and serves as the reference software for eCash network upgrades and release notes. The GitHub mirror explains that Bitcoin ABC develops the node software and infrastructure for the eCash project. (Bitcoin ABC) eCash’s value proposition is “low cost, fast finality, internet scale payments”. The official site says the transaction fee...
eCash is a payment Layer 1 project that was rebranded from Bitcoin Cash ABC to eCash/ The official site defines eCash as a “fast, secure, scalable cryptocurrency for the internet” and explains that it pursues fork-free upgrades and fast finality through the Avalanche consensus. Currently, XEC's market data is calculated as a price of approximately $0.000007, a market capitalization of approximately $140 million, a circulating volume of approximately 20 trillion XEC, and a maximum supply of 21 trillion XEC.
Investment View
However, in terms of TVL, apps, institutional acceptance, and large daily active addresses, it does not yet reach the activity of the market's top L1. It is evaluated as a “governance resource allocation event”. “The risk that technological achievements do not translate into market adoption” is greater.