What is AETH (What is ecash)

AETH is a cryptocurrency. It is an ERC-20 token with different characteristics f

What is AETH (What is ecash)

AETH is a cryptocurrency. It is an ERC-20 token with different characteristics from Bitcoin. Its price is determined by the issuer, but it is not directly related to the value of the US dollar. When a transaction is confirmed on the blockchain, this token must be used to pay the recipient (i.e., miners), and this fee needs to be paid to the network provider. Therefore, there are two mechanisms in Ethereum for users to transfer Ethereum: one is digital currency on Ethereum, and the other is through smart contracts.

What is ecash

Ecash is a cryptocurrency based on blockchain technology and created by Satoshi Nakamoto. According to CoinMarketCap data, there are currently 100 million ecash tokens circulating on the Ethereum network, accounting for 5% of the total supply. It is known that ecash is a decentralized digital asset, similar to Bitcoin, Litecoin, or Ripple tokens.

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