Question: Do I need to perform a token swap?
- Answer: No. The rebranding from BCHA to eCash (XEC) is not a token swap. There are no changes to the blockchain. The rebrand simply changes how things are displayed to users in wallets and exchanges.
Question: What will happen to the BCHA token? + Answer: No. The rebranding from BCHA to eCash (XEC) was not a token swap. There were no changes to the blockchain. The rebrand simply changed how things are displayed to users in wallets and exchanges.
+Question: What happenned to the BCHA token?
- Answer: Nothing changes on the blockchain. Under the hood, "eCash" (XEC) is the same thing as "BCHA". The way it is displayed to users simply changes. So nothing happens to BCHA token, it just changes name to eCash/XEC, and changes the default base unit so that 1,000,000 XEC = 1 BCHA.
Question: What will happen if I send BCHA to an eCash wallet ?
Answer: If you send 1 BCHA to an eCash wallet, you will be credited 1,000,000 XEC. The conversion happens in the wallet, there is no change in the transaction format on the blockchain. Similarly, sending 1,000,000 XEC to a BCHA wallet will credit 1 BCHA on the receiving end.
Question: Will there be a separate chain? +
Question: Is there a separate chain?
- Answer: No, there is no separate chain. It is the same blockchain as before the rebrand. Just the way it is displayed to users changes.
Question: To change between address formats, can I simply edit the address by hand to change the prefix from "bitcoincash" to "ecash"?
Answer: You should use an address converter if you need to convert between address formats. The body of the address contains a checksum which covers the prefix, so simply cutting and pasting the prefix by itself will cause a mismatch.
Question: As a BCHA holder, what do I need to do for this rebranding?
- Answer: BCHA holders don't need to do anything. Even if you do nothing, the rebrand will take place automatically. When you upgrade to a new wallet after the rebrand, the display will change automatically to show your holdings as eCash instead of BCHA. If you don't upgrade your wallets, everything will continue to work as it did before. It is recommended to upgrade, as we expect most wallets and exchanges to use eCash/XEC, so it will be less confusing if you upgrade to a wallet that displays as eCash/XEC.
Question: What is the eCash supply?
Answer: The supply of eCash is limited to 21 Trillion XEC. This means that measured in satoshis, the eCash supply is the same as BTC supply: 2.1 quadrillion satoshi. The different headline number simply reflects the 1,000,000:1 redenomination of the eCash base unit. The equivalence of the BTC and XEC supply can seen visually by writing their supply limits like this: