eCash was launched as a rebranding effort of Bitcoin Cash ABC in July 2021 by Amaury Séchet, who previously contributed to several Bitcoin Cash upgrades. The shift to eCash marked a focus on microtransaction efficiency and enhanced scalability. Key developments include Avalanche consensus integration to improve double-spend protection and future staking capabilities.
TECHNOLOGY
eCash leverages a modified Bitcoin protocol, using the SHA-256 proof-of-work algorithm. It introduces Avalanche pre-consensus to improve transaction finality and scalability. The network supports small denomination conversions, enabling convenient day-to-day use.
USE CASES
eCash aims to facilitate digital payments with speed and low transaction fees. Its primary use cases include: Daily transaction payments for goods and services; Small peer-to-peer transfers; Use in areas with limited access to traditional banking services, enhancing financial inclusivity.
FORECAST
eCash presents potential growth as a practical and affordable digital cash solution. Analysts suggest its scalability and low transaction cost advantages may drive adoption, although its success will depend on network upgrades and ecosystem development. External factors like regulatory environments and market competition could also impact its valuation.