What coin is xec?-web3.0-php.cn

Home

web3.0

What coin is xec?

尊渡假赌尊渡假赌尊渡假赌

May 07, 2024 am 10:37 AM

BlockchainBitcoindigital currency

XEC coin is a digital currency based on the hard fork of Bitcoin and has the following characteristics: fast transaction speed and can handle millions of transactions per second. Transaction fees are low and suitable for small payments. The supply is unlimited and increases over time. Supports smart contracts, allowing the construction of decentralized applications.

What coin is xec?

#What is XEC Coin?

XEC coin, the full name is eCash, is a digital currency based on the Bitcoin fork chain. It originated from the 2021 hard fork of Bitcoin and was developed by the original Bitcoin Cash team.

Features of XEC:

Higher transaction speed: XEC uses a scaling technology called Bit Sword, which can increase transaction processing speed to millions of transactions per second.
Lower Transaction Fees: XEC transaction fees are much lower than Bitcoin, making it more suitable for small payments.
Unlimited Supply: Unlike Bitcoin’s maximum supply of 21 million coins, XEC’s supply is unlimited and designed to increase over time.
Smart Contract Features: XEC introduces smart contract features that allow developers to create and execute complex applications on the blockchain.

Use of XEC:

Everyday Payments: Due to its low transaction fees, XEC is ideal for everyday payments, such as purchasing goods or services.
Investment: As a digital asset, XEC can be traded and invested like stocks or bonds.
Development: Smart contract functionality enables developers to build decentralized applications (dApps) on the XEC blockchain.

The difference between XEC and Bitcoin:

Transaction Speed: XEC’s transaction speed is much faster than Bitcoin.
Transaction Fees: XEC’s transaction fees are much lower than Bitcoin.
Supply: XEC has an unlimited supply, while Bitcoin has a limited supply.
Smart contracts: XEC supports smart contracts, while Bitcoin does not.

The above is the detailed content of What coin is xec?. For more information, please follow other related articles on the PHP Chinese website!

Statement

The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

The Pi Network token price has increased by more than 14% over the past week.Apr 16, 2025 am 11:22 AM

As of press time, Pi is trading at $0.6711 after its integration with Chainlink on April 12th. The announcement caused a surge in the price of Pi

More Reasons to Be Bullish on SUI as Price Enters Prime Buying ZoneApr 16, 2025 am 11:20 AM

An analyst on X, Frigg, highlights multiple reasons to be optimistic about SUI Network price trajectory.

Bitcoin (BTC) Sentiment Is Turning Bullish as Over $467 Million of the Cryptocurrency Was Withdrawn From Exchanges YesterdayApr 16, 2025 am 11:18 AM

Following today's data released by IntoTheBlock, sentiment around Bitcoin appears heightening towards bullishness.

Movement Labs and the Movement Network Foundation have launched an independent investigation into recent market-making irregularities related to the MOVE token.Apr 16, 2025 am 11:16 AM

nt Labs and the Movement Network Foundation Launch Independent Investigation into MOVE Token Market-Making Irregularities

A wave of capital is flowing out of Ethereum [ETH] and into Tron [TRX]Apr 16, 2025 am 11:14 AM

With $1.52 billion in stablecoins migrating to Tron, investors appear to be favoring lower-cost chains and diversifying beyond traditional USD-backed assets.

Mantra CEO John Patrick Mullin Burns His Allocation of OM Tokens to Restore Investor ConfidenceApr 16, 2025 am 11:12 AM

Mantra CEO John Patrick Mullin has proposed burning his allocation of OM tokens in a move aimed at restoring investor confidence after the protocol's native token suffered a sharp collapse.