On July 1st, 2021, Bitcoin Cash ABC (BCHA), a fork of Bitcoin (BTC) and Bitcoin Cash (BCH), officially began its rebranding process as eCash (XEC). The goal of the eCash ecosystem is for it to become a simple, fast, and secure payments service for international settlements and transactions. XEC is the native token of the eCash network and is used for staking and token minting.
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