The eCash blockchain technology is undergoing significant changes due to the integration of the Avalanche protocol. This article explores how new advancements are allowing eCash to enhance processing speed and transaction security.
PoW Enhancements through Avalanche
Avalanche is an additional consensus protocol that works alongside the core PoW layer of eCash. It enables the network to achieve consensus in real time, speeding up transaction confirmation to 3 seconds compared to traditional systems. This combination of mechanisms offers the security of PoW and the immediate agreement of Avalanche, improving the overall characteristics of eCash.
Staking Rewards
The APoW system allows users to earn staking rewards, further strengthening the network. The minimum staking amount is 100 million XEC, making it accessible to a wider range of users. Staking is non-custodial, minimizing the risks of losses.
Security and Attack Mitigation
The Avalanche protocol provides protection against 51% attacks through immediate confirmation of blocks. When a block of transactions is broadcast, it undergoes an additional polling round among Avalanche nodes to ensure its validity. This creates an extra layer of protection for the network, making attempts to alter the ledger virtually impossible.
The integration of Avalanche into eCash provides a unique blend of speed and security while maintaining the decentralized nature of the network. With this technology, eCash emerges as a leader among blockchains, offering reliable and efficient solutions for digital transactions to users and businesses.
