eCash

eCash (XEC) is a Layer-1 blockchain network developed by Bitcoin ABC, designed to function as a digital cash system for everyday payments. It addresses the problem of slow, uncertain transaction finality that affects older Bitcoin-derived chains by layering a secondary consensus mechanism on top of its core proof-of-work foundation. The intended users are anyone seeking a payment network with fast settlement and low friction.

eCash uses a hybrid consensus model that combines traditional proof-of-work mining with an Avalanche-based finality layer, meaning blocks are first produced by miners competing to solve a computational puzzle and then rapidly confirmed through a separate validator coordination process. The XEC token is the native currency used to pay for transactions on the network and, under the protocol design, can be staked to participate in the Avalanche layer. The chain stores a full transaction history that, at the time of this data, occupies 154.851403 gigabytes and is secured by a 24-hour average hashrate of 0.04433 exahashes per second.

The 24-hour median and average transaction fees recorded in this data are both zero US dollars, meaning the protocol is collecting no measurable fee revenue from users at this time. This absence of a fee stream means that fee-based measures such as network value to transactions and fee yield ratios are not meaningful for this asset under current conditions. New token issuance over the most recent 24-hour period amounted to 0.003223 US dollars in net issuance, and the annualized inflation rate is recorded as effectively zero (0.000001), consistent with the circulating supply already representing 95.704665 percent of the 21,000,000,000,000 maximum supply.