Amaury Séchet, founder of eCash, announced the launch of Avalanche Pre-Consensus at the Electronic Cash Conference 2025, aiming to enhance digital cash technology.
The integration of Avalanche enhances eCash’s transaction finality, impacting market exchanges like Binance, and signifies an innovative step for Proof-of-Work blockchains.
Amaury Séchet, founder of eCash (XEC), announced the launch of Avalanche pre-consensus. The announcement highlights its significance for the digital cash technology sector.
eCash’s development team, Bitcoin ABC, independently implemented Avalanche consensus, introducing instant finality deposits credited in under three seconds, enhancing transaction speed and finality within the eCash ecosystem.
Amaury Séchet Unveils Avalanche Pre-Consensus on eCash
Amaury Séchet, founder of eCash (XEC), announced the launch of Avalanche pre-consensus. The announcement was made at the Electronic Cash Conference 2025, highlighting its significance for the digital cash technology sector.
eCash’s development team, Bitcoin ABC, independently implemented Avalanche consensus. This move introduces instant finality deposits credited in under three seconds, enhancing transaction speed and finality within the eCash ecosystem.
Binance, Upbit Embrace eCash’s Instant Finality Deposits
Major exchanges including Binance and Upbit have started supporting the instant finality deposits for eCash users. The upgrade has no ties to new funding rounds or grants, focusing solely on technical advancements.
This integration is pivotal in providing near-instant transaction settlement on a PoW blockchain. Related exchanges are adjusting their infrastructure to accommodate these updates, marking a shift in transaction processing times.
First PoW Blockchain with Avalanche-Like Pre-Consensus Layer
The integration is significant as it’s the first PoW blockchain to adopt an Avalanche-based pre-consensus layer. While AVAX uses Avalanche natively, it operates on a PoS framework, showcasing the novelty of eCash’s approach.
Experts believe that the success of this upgrade could influence future developments in PoW and hybrid blockchain ecosystems. It could set new precedents within the blockchain industry, signaling advancements in transaction processing efficiencies.
“Pre-Consensus is a milestone not just for eCash, but for digital cash technology in general.” — Amaury Séchet, Founder and Lead Developer, eCash (XEC)
| Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing. |
