eCash is a cryptocurrency that’s designed to be used as electronic cash. Just like the invention of emails made it possible to send direct messages online,{' '} eCash makes it possible to send money directly to other people online. This includes being able to use{' '} eCash to pay for goods and services.
), }, - { - question: "What's the difference between eCash and Bitcoin ABC?", - answer: ( -
- eCash is a cryptocurrency, whereas Bitcoin ABC
- is the software businesses use to interact with and maintain the{' '}
- eCash network. The team behind the Bitcoin ABC
- software also operates under the same name.
-
-
- You can learn more about Bitcoin ABC at{' '}
-
- eCash was briefly known as Bitcoin Cash ABC - (BCHA). The eCash branding came into effect on - July 1, 2021. Exchanges are strongly encouraged to update their - older listings accordingly. You may still see{' '} - eCash listed as BCHA on some exchanges if they - haven't yet made the switch. -
- ), - }, - { - question: 'What can I use eCash for?', - answer: ( -- You can use eCash to send and receive payments - without the need for a bank account. It’s available in every - country, and you can use it to send and receive cross-border - payments anywhere in the world. -
- ), - }, - { - question: - 'I have coins on the Bitcoin Cash (BCH) network. How do I retrieve my eCash?', - answer: ( -
- Simply download the latest Electrum ABC release and import your
- old Bitcoin Cash wallet:{' '}
-
Since eCash transactions go directly between you and whoever you’re paying or getting paid by, you don’t need a bank account to own it. Instead, you just need an electronic wallet. Once you have a wallet, you can get{' '} eCash by buying it on a cryptocurrency exchange and then sending it to your wallet. Other people can also send{' '} eCash to your wallet.
), }, { - question: 'What is the base unit of eCash?', + question: 'What can I use eCash for?', answer: (- eCash uses ”bits” which make it easy to send - small payments because you no longer have to handle unwieldy - decimal places. For instance, instead of sending 0.00001000 - bitcoins (which was the base unit used by BCHA), you’ll simply - send 10 bits! + You can use eCash to send and receive payments + without the need for a bank account. It’s available in every + country, and you can use it to send and receive cross-border + payments anywhere in the world.
), }, { - question: 'Where did eCash come from?', + question: + 'Where can I find eCash price information compared to other cryptocurrencies?', answer: (
- On November 15, 2020, the Bitcoin Cash (BCH) blockchain split
- into two chains. One of those chains was called BCHA for a time.
- This chain was what eventually became eCash.
+ eCash price information is available at all leading crypto
+ research sources, like{' '}
+
- The exponential growth in crypto has unfortunately led to
- similar growth in scams. Here are some common ones to watch out
- for.
-
-
- Email Phishing
-
- Some scammers will send you an email impersonating a member of
- an official team and ask for money, a 12-word wallet seed, or a
- private key. Official team members will never send you an
- unsolicited email. For tech support, we will never ask for your
- wallet seed or private key. Never share your private key or your
- wallet seed with anyone.
-
-
- URL Phishing
-
- Scammers may send you a link to a website that looks like an
- official crypto website but does not have the same URL. You may
- think you are sending funds to your own wallet, for example, but
- are in fact sending them to a cloned page that is not your
- wallet. Always make sure the URL in your browser URL bar is
- correct. Always confirm a scanned QR code address matches what
- you expected.
-
+ eCash has the same fixed supply as bitcoin. The
+ default base unit of eCash has 2 decimal places
+ (100 satoshis). The default base unit of bitcoin (BTC) has 8
+ decimal places (100,000,000 satoshis).
- Fake wallets
- Always verify the SHA256 hash when you are downloading an
- official cryptocurrency wallet.
+ 90% of all the eCash that will ever exist has
+ already been mined. The inflation rate for{' '}
+ eCash is already low (less than 2% as of 2021),
+ and will decrease to zero.
No. We think XEC is valuable, and therefore we will not burn
any.
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{' '}
XEC is not an ERC-20 token, it is its own blockchain similar to
Bitcoin (BTC).
There is a "Wrapped XEC" token available on the
Binance Smart Chain, with{' '}
To hold native XEC yourself, you can{' '}
- eCash has the same fixed supply as bitcoin. The - default base unit of eCash has 2 decimal places - (100 satoshis). The default base unit of bitcoin (BTC) has 8 - decimal places (100,000,000 satoshis). + eCash uses ”bits” which make it easy to send + small payments because you no longer have to handle unwieldy + decimal places. For instance, instead of sending 0.00001000 + bitcoins (which was the base unit used by BCHA), you’ll simply + send 10 bits! +
+ ), + }, + { + question: 'How do I protect myself from scammers?', + answer: ( +
+ The exponential growth in crypto has unfortunately led to
+ similar growth in scams. Here are some common ones to watch out
+ for.
- 90% of all the eCash that will ever exist has
- already been mined. The inflation rate for{' '}
- eCash is already low (less than 2% as of 2021),
- and will decrease to zero.
+ Email Phishing
+
+ Some scammers will send you an email impersonating a member of
+ an official team and ask for money, a 12-word wallet seed, or a
+ private key. Official team members will never send you an
+ unsolicited email. For tech support, we will never ask for your
+ wallet seed or private key. Never share your private key or your
+ wallet seed with anyone.
+
+
+ URL Phishing
+
+ Scammers may send you a link to a website that looks like an
+ official crypto website but does not have the same URL. You may
+ think you are sending funds to your own wallet, for example, but
+ are in fact sending them to a cloned page that is not your
+ wallet. Always make sure the URL in your browser URL bar is
+ correct. Always confirm a scanned QR code address matches what
+ you expected.
+
+
+ Fake wallets
+
+ Always verify the SHA256 hash when you are downloading an
+ official cryptocurrency wallet.
No, eCash is its own blockchain.{' '} eCash's Avalanche Consensus code is being built completely independently by the Bitcoin ABC team. This is important as it puts eCash in a technology leadership role, rather than having to rely on the innovation of others.
), }, { - question: "What's the best way to get technical support?", + question: 'Where did eCash come from?', answer: (
- Please email us at{' '}
-
+ eCash is a cryptocurrency, whereas Bitcoin ABC
+ is the software businesses use to interact with and maintain the{' '}
+ eCash network. The team behind the Bitcoin ABC
+ software also operates under the same name.
+
+
+ You can learn more about Bitcoin ABC at{' '}
+
+ eCash was briefly known as Bitcoin Cash ABC + (BCHA). The eCash branding came into effect on + July 1, 2021. Exchanges are strongly encouraged to update their + older listings accordingly. You may still see{' '} + eCash listed as BCHA on some exchanges if they + haven't yet made the switch. +
+ ), + }, { question: - 'Where can I find eCash price information compared to other cryptocurrencies?', + 'I have coins on the Bitcoin Cash (BCH) network. How do I retrieve my eCash?', answer: (
- eCash price information is available at all leading crypto
- research sources, like{' '}
-
+ Please email us at{' '}
+