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What is Electric Cash (ELCASH)Electric Cash is a payment protocol designed to be accessible and lightweight, with a focus on reducing transaction fees. Fast and free transactions on a secure and decentralized network make ELCASH ideal for everyday payments.Electric Cash StakingThe Electric Cash network participants can stake ELCASH to govern the network and earn rewards from the staked amount. Staking will also reward users with additional benefits like free transactions and Governance Power (GP). Every Electric Cash holder can stake any number of his coins.Electric Cash Governance SystemIn order to achieve direct democracy Electric Cash implements a governance system. In the governance process, new changes can be proposed, designed, agreed upon and implemented. Changes are not limited to the blockchain source code technical details, but also may cover other important network and community issues. Thanks to the blockchain’s built-in voting mechanism, users can vote on proposals made both by the community members and/or core management team of Electric Cash.Is Electric Cash mineableDuring the early stages of development, ELCASH will operate using a merged mining process. It will allow ELCASH to leverage the hashing power of larger SHA-256 (Bitcoin-like) based chains ensuring the overall security of the new network. Merged mining is implemented with Bitcoin, since both cryptocurrencies use the same SHA-256 hash function. In this case, BTC is the parent chain and ELCASH is the auxiliary chain. As a result, Bitcoin’s (parent) Proof-of-Work solutions can be used to validate ELCASH (auxiliary chain) as an auxiliary Proof-of-Work (AuxPoW) consensus mechanism

Electric Cash (ELCASH) is a cryptocurrency launched in 2021. ELCASH has a current supply of 4.13M with 0 in circulation. The last known price of ELCASH is 0.410830804206 USD and is -0.006920259677 over the last 24 hours. It is currently trading on active market(s) with $195.45 traded over the last 24 hours. More information can be found at https://electriccash.global.

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Updated Jun 22, 2024 11:10 am
Electric Cash
Mkt Cap $0
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Frequently Asked Questions

  • What is the all-time high price of Electric Cash (ELCASH)?

    The all-time high of ELCASH was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Electric Cash (ELCASH) is 0. The current price of ELCASH is down 0% from its all-time high.

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  • How much Electric Cash (ELCASH) is there in circulation?

    As of , there is currently 0 ELCASH in circulation. ELCASH has a maximum supply of 21.00M.

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  • What is the market cap of Electric Cash (ELCASH)?

    The current market cap of ELCASH is 0. It is calculated by multiplying the current supply of ELCASH by its real-time market price of 0.410830804206.

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  • What is the all-time low price of Electric Cash (ELCASH)?

    The all-time low of ELCASH was 0 , from which the coin is now up 0%. The all-time low price of Electric Cash (ELCASH) is 0. The current price of ELCASH is up 0% from its all-time low.

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  • Is Electric Cash (ELCASH) a good investment?

    Electric Cash (ELCASH) has a market capitalization of $0 and is ranked #7234 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Electric Cash (ELCASH) price trends and patterns to find the best time to purchase ELCASH.

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