eCash

eCash is a Layer 1 proof-of-work blockchain developed by Bitcoin ABC, designed to function as a digital cash network for everyday payments. It descends from Bitcoin and is aimed at anyone who wants to send value quickly and cheaply without relying on traditional financial infrastructure. Its stated goal is to make transactions fast enough and cheap enough that they are practical for routine commerce.

eCash runs a hybrid consensus model that layers an Avalanche finality mechanism on top of its proof-of-work base, meaning miners secure the chain in the traditional Bitcoin fashion while the Avalanche layer is intended to bring transaction finality to under three seconds. The native token, XEC, is used to pay transaction fees and, through staking, to participate in the Avalanche consensus layer. The blockchain recorded 150 blocks and 2,572 transactions in the most recent 24-hour period measured, supported by 719 nodes and a 24-hour average hashrate of approximately 0.047 exahashes per second.

The 24-hour average and median transaction fees are both recorded at exactly 0.00 USD, meaning the protocol currently collects no measurable fee revenue from users in the period observed. Because there is no fee stream in the data, fee-based measures such as a protocol revenue yield or fee-to-market-cap ratio are not meaningful here. New coin issuance over the most recent 24-hour period amounted to 0.003295 USD, with an annualized inflation rate of effectively 0.000001 percent, reflecting that 99.999813 percent of the circulating supply has already been issued against a maximum supply of 21,000,000,000,000 XEC.