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The eCash project’s ECX coin has now become a failed chain on the blockchain, as the chain has been hit by a hash rate attack. miners have taken control of 99% of the total coin supply and 99% of the network’s hash rate, causing the current hash rate and network difficulty to be completely mismatched in block mining. At present, only six blocks have been mined in seven hours! #ecash# #ecx#
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Who can explain why in this ECASH project, the ECX coin doesn't need to be mined through hash computing power? How is it possible that the initial address 19fSDKvgCNsdsR1J6aVoCAPnbNdt8FdotM holds 11,112 ECX coins? #ECX# #ecash#
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A brief documentary by @Vladcostea on why @Truthcoin decided to launch eCash and how it’s different from Bitcoin 🎥
Cashu Dev Kit Build and run open source Chaumian ecash systems Witten in Rust
Bitcoin can take years to agree on a change. eCash is testing another route, keep BTC’s base layer untouched and move new features to Drivechain sidechains. After an Alpha that reached 9.44 PH/s across seven independent pools, @BTCdrivechains has now entered Beta at block 967,680. The permanent fork is planned around block 973,728 on October 31. BTC held in self-custody at that snapshot is set to receive ECX 1:1. Any pECX earned during Alpha or Beta is separate from that allocation. One detail really matters, replay protection is opt-in. Follow the official coin-splitting steps before moving BTC after the fork or the corresponding ECX may move too.
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When there is a POW change hardfork after BIP-110 faceplants, and Paul's dumbass not-ecash fork happens, remember which dickheads are responsible for the huge IRS bill everyone is gonna have.
New perp listing: $XEC with up to 5x leverage. @eCash Earn 1.2x trading points until July 25, 23:59 UTC.
“Stablecoins are one of the most successful examples of tokenization in the cryptocurrency industry.” In our eCash interview, we discuss XEC, FIRMA stablecoins, payments, funding and digital cash utility. Full interview here👇
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Why did @Truthcoin turn against Bitcoin maximalism? Paul joined the @CRYPTO101Pod to discuss that plus: • The problems with Lightning • Why Bitcoin needs better Layer 2 solutions • Sidechain security and the Liquid exploit • Drivechains and the future of Bitcoin scalability • The eCash fork Full episode:
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Call to action: Withdraw your BTC from exchanges, stack as much as you can and claim maximum eCash. That’s the smartest move. @Vladcostea @Truthcoin