Bitcoin died back in 2017 when it rejected scaling solutions. Fees hit $50+, tx times stretched to hours. It prioritized SoV over MoE, losing its P2P cash vision. @eCash $XEC was born to fix this;
Built for fast, cheap, peer-to-peer transactions. šøš Get ecash now before too late..š ššš
The Social Barrier Behind Bitcoinās Scalability Failure:
Bitcoin didnāt fail to scale because of technological limitations ā it failed because of the culture within its own community.
In the early years, there was a major debate over how to increase Bitcoinās block size to allow more transactions. One side insisted on keeping blocks small to preserve decentralization, while the other pushed for larger blocks to improve scalability. This disagreement became so intense that it led to splits in the network, giving rise to alternatives like Bitcoin Cash ā and eventually eCash.
So when we talk about āsocial barriers,ā weāre referring to ideological conflicts, internal politics, and an unwillingness to compromise ā not a lack of technical solutions.
š„ eCash was born from this failure, aiming to overcome these social roadblocks with a more pragmatic and forward-looking approach.
There are no āpaid GNC trolls.ā The GNC isnāt even operational yet ā itās still being developed to give the *community* more say in the future of eCash.
If you keep getting muted, maybe itās not because youāre speaking ātruthā ā maybe itās because youāre constantly disrupting the chat and disrespecting others.
eCash is moving forward: ā Avalanche pre-consensus is live ā Staking is active (over 263B XEC staked!) ā Real development, not drama
If you truly care about eCash, contribute constructively ā not with paranoia and division.
$XEC eCash ā A Powerful Technology Most People Donāt Know About
Amaury, the lead developer of eCash, says itās one of the most technically advanced projects in crypto. And heās absolutely right.
eCash combines two powerful systems ā Proof of Work (like Bitcoin) and Avalanche Pre-Consensus, making transactions fast, secure, and highly scalable.
Thanks to Avalanche, transactions can be confirmed almost instantly without sacrificing security. It also supports exciting features like staking, subchains (like EVM & ZK), and upgrades without breaking the network (no hard forks).
Most impressive? eCash is aiming for 5 million transactions per second ā way beyond most blockchains today.
In short: eCash is a hidden gem in crypto. Strong tech, but still under the radar. ššš
The eCash development team has been making significant progress on Avalanche Pre-Consensus, a technology that will dramatically improve transaction finality, prevent transaction double spends, and enhance network scalability. This blog post will walk you through the current development milestones, what has been completed, and whatās still in progress. Whatās Been Achieved So Far
The following milestones have been successfully reached: ā Transaction Voting for the Avalanche Core The Avalanche network now has the ability to poll and vote on transactions. Previously, it only voted on blocks and proofs. This is the fundamental building block for Pre-Consensus, allowing the network to reach an agreement on which transactions should be included in blocks. ā Store and Poll for Conflicting/Rejected by Policy Transactions Since users can send multiple transactions attempting to spend the same UTXO (double spending), the network needs a way to handle these conflicts. Currently, nodes accept only the first-seen transaction and resolve conflicts only when a block is mined. With this milestone, nodes can track conflicting transactions and adjust their acceptance based on Avalanche votesāfinalizing transactions before theyāre included in a block. ā Reject Blocks that Contain Transactions Conflicting with Avalanche Votes To ensure consensus integrity, blocks containing transactions that contradict the networkās finalized decisions should be rejected. Since post-consensus already rejects invalid blocks, this mechanism extends its functionality to enforce transaction-level finalization and prevent double-spends. Ongoing Development
With these key milestones complete, development is now focused on finalizing the next critical steps: š Accepting or Rejecting a Transaction According to the Vote Status This is the core logic that enables nodes to make decisions on which transactions to accept and which to reject, as well as clear out any rejected ones (and subsequent conflicts) to maintain network efficiency. š Storing and Mining Finalized Transactions Miners must ensure they only include finalized transactions in their blocks and never include a conflicting transaction. Finalized transactions must be remembered permanently so their finalization status is never reversed. Full blocks need to be managed gracefully so that the node can handle high transaction volume while also ensuring that finalized transactions are tracked. This method of incrementally building the block template as transactions are finalized prevents conflicts and improves performance by making block construction more efficientāa huge improvement for scaling. Learn more at Avalanche.cash The Bigger Picture: What Avalanche Pre-Consensus Brings to eCash
With Avalanche Pre-Consensus, the eCash Avalanche network can agree on individual transactions before they get mined into blocks. This ensures that transactions are finalized in real time, preventing conflicts and improving overall reliability. For businesses, this means instant payment confirmations. For users, it means seamless deposits without waiting for block confirmations. And for the entire eCash network, it lays the foundation for unparalleled efficiency and scalability. Hereās why this is a game-changer: š Instant Transaction Finality: Currently, Post-consensus finalizes transactions after a single block is found, due to reorg being prevented by the Avalanche consensus. Pre-consensus validates individual $XEC transactions before they are included in a block, reducing confirmation time for a transaction from the current 10 minutes to less than 3 seconds - thatās more than 100 times faster than Proof of Work-only cryptos like Bitcoin. ā” Real-time Transaction Processing: Transaction throughput increases since the network will not have to wait for a block to validate transactions. Real-time Transaction Processing allows eCash nodes to prepare for each block before confirmation, significantly reducing the amount of work required when a block comes in. The Final Stretch The journey toward Avalanche Pre-Consensus has been a tough engineering challenge, but weāve overcome major hurdles and are now closer than ever to achieving this groundbreaking feat. With Avalanche Pre-Consensus, eCash is on track to become the fastest and most scalable layer 1 blockchain with the ability to extend its capabilities via subnets. Stay tuned as we bring this groundbreaking upgrade to lifeāinstant transactions are just around the corner!
Originally Published: https://e.cash/blog/sneak-peek-avalanche-pre-consensus-on-ecash
The eCash development team has been making significant progress on Avalanche Pre-Consensus, a technology that will dramatically improve transaction finality, prevent transaction double spends, and enhance network scalability. This blog post will walk you through the current development milestones, what has been completed, and whatās still in progress. Whatās Been Achieved So Far
The following milestones have been successfully reached: ā Transaction Voting for the Avalanche Core The Avalanche network now has the ability to poll and vote on transactions. Previously, it only voted on blocks and proofs. This is the fundamental building block for Pre-Consensus, allowing the network to reach an agreement on which transactions should be included in blocks. ā Store and Poll for Conflicting/Rejected by Policy Transactions Since users can send multiple transactions attempting to spend the same UTXO (double spending), the network needs a way to handle these conflicts. Currently, nodes accept only the first-seen transaction and resolve conflicts only when a block is mined. With this milestone, nodes can track conflicting transactions and adjust their acceptance based on Avalanche votesāfinalizing transactions before theyāre included in a block. ā Reject Blocks that Contain Transactions Conflicting with Avalanche Votes To ensure consensus integrity, blocks containing transactions that contradict the networkās finalized decisions should be rejected. Since post-consensus already rejects invalid blocks, this mechanism extends its functionality to enforce transaction-level finalization and prevent double-spends. Ongoing Development
With these key milestones complete, development is now focused on finalizing the next critical steps: š Accepting or Rejecting a Transaction According to the Vote Status This is the core logic that enables nodes to make decisions on which transactions to accept and which to reject, as well as clear out any rejected ones (and subsequent conflicts) to maintain network efficiency. š Storing and Mining Finalized Transactions Miners must ensure they only include finalized transactions in their blocks and never include a conflicting transaction. Finalized transactions must be remembered permanently so their finalization status is never reversed. Full blocks need to be managed gracefully so that the node can handle high transaction volume while also ensuring that finalized transactions are tracked. This method of incrementally building the block template as transactions are finalized prevents conflicts and improves performance by making block construction more efficientāa huge improvement for scaling. Learn more at Avalanche.cash The Bigger Picture: What Avalanche Pre-Consensus Brings to eCash
With Avalanche Pre-Consensus, the eCash Avalanche network can agree on individual transactions before they get mined into blocks. This ensures that transactions are finalized in real time, preventing conflicts and improving overall reliability. For businesses, this means instant payment confirmations. For users, it means seamless deposits without waiting for block confirmations. And for the entire eCash network, it lays the foundation for unparalleled efficiency and scalability. Hereās why this is a game-changer: š Instant Transaction Finality: Currently, Post-consensus finalizes transactions after a single block is found, due to reorg being prevented by the Avalanche consensus. Pre-consensus validates individual $XEC transactions before they are included in a block, reducing confirmation time for a transaction from the current 10 minutes to less than 3 seconds - thatās more than 100 times faster than Proof of Work-only cryptos like Bitcoin. ā” Real-time Transaction Processing: Transaction throughput increases since the network will not have to wait for a block to validate transactions. Real-time Transaction Processing allows eCash nodes to prepare for each block before confirmation, significantly reducing the amount of work required when a block comes in. The Final Stretch The journey toward Avalanche Pre-Consensus has been a tough engineering challenge, but weāve overcome major hurdles and are now closer than ever to achieving this groundbreaking feat. With Avalanche Pre-Consensus, eCash is on track to become the fastest and most scalable layer 1 blockchain with the ability to extend its capabilities via subnets. Stay tuned as we bring this groundbreaking upgrade to lifeāinstant transactions are just around the corner!
Originally Published: https://e.cash/blog/sneak-peek-avalanche-pre-consensus-on-ecash
$XEC While the Korean market has played a significant role in eCashās price history, it is not the only path to increasing XECās value. Sustainable growth comes from technology, adoption, and real-world use cases, not just speculation from one region.
Key Factors for XEC Price Growth:
ā Staking & Passive Incomeā With 265.59 billion XEC staked and a 6.18% APY, more holders are locking up supply, reducing sell pressure. ā Network Activityā In the last 24 hours, there were 5,659 transactions, showing active usage. ā Liquidity & Volume ā The $2.99 trillion 24h volume indicates strong market participation. ā Global Adoption Mattersā While Korea is important, eCash is listed on major exchanges like Binance & KuCoin, ensuring worldwide accessibility.
A new ATH will come from strong fundamentals and adoption, not just reliance on one market! š
$XEC While the Korean market has played a significant role in eCashās price history, it is not the only path to increasing XECās value. Sustainable growth comes from technology, adoption, and real-world use cases, not just speculation from one region.
Key Factors for XEC Price Growth:
ā Staking & Passive Incomeā With 265.59 billion XEC staked and a 6.18% APY, more holders are locking up supply, reducing sell pressure.
ā Network Activityā In the last 24 hours, there were 5,659 transactions, showing active usage.
$XEC While the Korean market has played a significant role in eCashās price history, it is not the only path to increasing XECās value. Sustainable growth comes from technology, adoption, and real-world use cases, not just speculation from one region.
Key Factors for XEC Price Growth:
ā Staking & Passive Incomeā With 265.59 billion XEC staked and a 6.18% APY, more holders are locking up supply, reducing sell pressure.
ā Network Activityā In the last 24 hours, there were 5,659 transactions, showing active usage.
1. Price Fluctuations Are Normalā All cryptocurrencies experience price ups and downs, including Bitcoin and Ethereum. Market sentiment, not just rebranding, affects price movement.
2. Exchange Listingsā eCash is already listed on major exchanges like Binance, KuCoin, and Gate.io. Coinbase and Kraken have their own listing criteria, and not being listed doesnāt mean a project has no value.
3. Continuous Development & Innovation** ā eCash is actively improving with technologies like Avalanche Consensus and staking, making it more advanced than many other projects.
Donāt let FUD (Fear, Uncertainty, Doubt) influence your perspective without doing your own research! š
We can ignore hash rate since eCash uses a hybrid PoW/PoS model that requires a lot less hash to secure the network. But based on the other metrics, I would say XEC deserves to be at least 20-30% of BCH's market cap at this point, if not higher.
$DOGE Itās time to change to XEC eCash. The rela Internet cash..
š„ Join the eCash Revolution Today!! Whether youāre a trader, business, or everyday user, XEC bridges the gap between cryptoās potential and real-world utility.
š„Get started with XEC nowš„ā because the future of money shouldnāt wait.
š„More than half a trillion XEC. Don't have any inside information on who this is. Could be an exchange, or just someone who wants to have a huge stockpile of what they think will end up being the future cash for the internet.
š„ FASTER, SMARTER, FUTURE-PROOF In a world where speed and efficiency reign, XEC (eCash) is the game-changer youāve been waiting for. ššš