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Ecoin is an electronic cash system for face-to-face payment scenarios, mainly used in logistics, retail, catering and other industries. Ecoin builds an open payment platform system based on blockchain. Any individual or merchant who needs face-to-face payment can join the system. There is no third party acting as a trust endorsement. Buyers and sellers follow the underlying protocol for transaction information interaction. . In terms of transaction amount, Ecoin is an electronic cash system based on the application of small payment scenarios, which can carry out netting processing for multiple payment transactions within a certain period of time, and net liquidation funds.
Compared with Bitcoin, Ecoin is a more complete and optimized electronic digital currency, which gives more possibilities to realize the application in specific payment scenarios. In order to solve the problem of high Bitcoin handling fees and long transaction confirmation time, Ecoin adopts 8M block capacity, combined with lightning network technology, which has achieved a dramatic increase in transaction transfer speed. At the same time, facing the security risks of existing digital currencies, Ecoin adopts the SHA-3 algorithm with anti-quantum attack characteristics and the faster and safer Ed25519 signature algorithm. By reviewing the development process of the mining industry, we aim at the pain point of the gradual centralization of mining computing power, and use technical methods to endow Ecoin's mining mechanism with anti-ASIC mining machine characteristics, which will help realize the "democratization of digital currency" ".
Gold is the most monetary substance in history, and has been the most suitable general equivalent for thousands of years, but since the birth of Bitcoin, this pattern has been broken. Digital currency has stronger currency attributes than gold, and is a nearly perfect currency payment system. It has become a foreseeable future for the central banks of various countries to reserve digital currency assets led by Bitcoin. However, in the 9 years since Bitcoin appeared, Bitcoin has withstood attacks and gained acceptance, but it has never been optimized by technological progress. Today, the emergence of E-coin will become a stronger voice in the digital currency world.
E-coin, like Bitcoin, is a digital currency. Based on the theoretical framework of digital currency proposed by Satoshi Nakamoto, E-coin has carried out a number of technological innovations and optimizations at the bottom of the blockchain.
•8M block
• Lightning Network. Lower transfer fees
• More secure signature algorithm
•A better mining mechanism
•Resistant to Quantum Computer Attacks
•Optional Anonymity< br> The E-coin block capacity is as high as 8M, which can effectively solve the problem of slow speed caused by small Bitcoin blocks. At the same time, the lower transfer fees and brand-new signature algorithm achieved by Lightning Network will make your payment experience better. At present, there are not many digital currencies obtained through mining, and the mining mechanism of a better algorithm gives Ecoin a huge mining potential. Anti-quantum computing attack is a strong technical reserve of E-coin, and it is a high-level prospect of E-coin for the post-quantum era. You can store E-coins in your e-wallet, and when you are trying E-coins transfer, you can freely choose whether to be anonymous. As a digital currency focused on and payment applications, you can try Ecoin anywhere, which is safe, fast, and low-cost. E-coin lightning payment, easy to enjoy life. Technology changes the future, and E-coin makes payment easier.