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XEC: 21,000,000,000,000.00 | XEC: 21,000,000,000,000.00 | ||||
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BTC: 21,000,000.000,000,00 | BTC: 21,000,000.000,000,00 | ||||
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eCash also follows that same halving schedule as Bitcoin, with reward halvings occurring every 210,000 blocks. | eCash also follows that same halving schedule as Bitcoin, with reward halvings occurring every 210,000 blocks. | ||||
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More information on eCash supply is available at <a href="https://ecash.supply/">ecash.supply</a>.</p> | More information on eCash supply is available at <a href="https://ecash.supply/">ecash.supply</a>.</p> | ||||
<p><b>Question:</b> Will XEC be burned to decrease supply? | |||||
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<b>Answer:</b> No. We think XEC is valuable, and therefore we will not burn any. | |||||
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It is also important to realize that eCash is different from other new tokens where the founding teams often hold a large proportion of the total supply. In those other coins, the large amount of coins that the team holds is still waiting to be released into the market, causing future inflation. XEC, on the other hand, is already about <a href="https://ecash.supply/">90% issued</a>, and the dev team holds only a small amount relative to total supply. This means that new supply of XEC into the market will continue to be very limited.</p> | |||||
<p><b>Question:</b> What is the contract address? | <p><b>Question:</b> What is the contract address? | ||||
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<b>Answer:</b> XEC is not an ERC-20 token, it is its own blockchain similar to Bitcoin (BTC). To hold native XEC yourself, you can use a supporting <a href="https://e.cash/get-ecash#wallets">wallet</a>. | <b>Answer:</b> XEC is not an ERC-20 token, it is its own blockchain similar to Bitcoin (BTC). To hold native XEC yourself, you can use a supporting <a href="https://e.cash/get-ecash#wallets">wallet</a>. | ||||
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Write down the "seed phrase" for your wallet and store that in a safe place. This is usually 12 words. The 12 words contain enough information to restore the private keys of the wallet in case you need to recover them in the future.</p> | Write down the "seed phrase" for your wallet and store that in a safe place. This is usually 12 words. The 12 words contain enough information to restore the private keys of the wallet in case you need to recover them in the future.</p> | ||||
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