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Home » Blog » Echain Network Coin Review : Is It Good Or Bad Coin Read Our Article
Crypto Coin Review Best Crypto Coin Review In This Page

Echain Network Coin Review : Is It Good Or Bad Coin Read Our Article

Xpress Network
Last updated: 24/12/2024 8:37 PM
Xpress Network
3 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
Echain Network Coin
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About Echain Network Coin

Echain Network Coin Built on top of Energyfi, Echain will be the first Proof-Of-Green-Authority (POGA) and EVM (Ethereum Virtual Machine) compatible blockchain. It will be a green and fast network focused on Interoperability, DeFi and Responsible Web3 project adoption as well as users security. Proof-Of-Green-Authority (POGA) is a consensus system that allows only authorized entities to validate transactions and propagate new blocks to the chain.

Contents
  • About Echain Network Coin
    • Echain Network Coin Point Table
    • EVM & Devs friendly
    • Focused on Interoperability
    • Why Choose Echain Network Coin?
      • Fast, Scalable & Low Cost
      • Low Carbon
      • Designed for dApps & DeFi
    • Where Can You Buy Echain Network?
    • Market Screenshot
    • FAQ Of Echain Network

In this specific cases, validators needs to run their on-chain activities thanks to renewable energy. They will be trustworthy, and subject to regular Validators Audits. Echain Token ECT is the native utility token of Echain network. ECT will be used to pay transaction fees or any services directly related to the on-chain activity.

Echain Network Coin Point Table

Coin BasicInformation
Coin NameEchain Network Coin
Short NameECT
Circulating SupplyN/A
Max Supply300,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

EVM & Devs friendly

Echain Network is EVM compatible and designed for decentralized applications, which means that it is possible to create Ethereum daps with minimal configuration changes. No need to rewrite or reconfigure your smart contracts, they will work immediately. Deploying smart contracts on Echain costs only a penny of what it costs on Ethereum. Enjoy a fast, low-cost and secure smart contract development experience.

Focused on Interoperability

One of the foundations of Echain is the interoperability between different blockchains, which is why we developed the Energyfi bridge. This bridge allows the migration of capital between different networks to Echain without any commission.

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Why Choose Echain Network Coin?

Fast, Scalable & Low Cost

Echain’s scalability guarantees up to 10,000+ TPS with transaction fees remaining below $0.005 for developers and users, all with an average 5 seconds transaction time and 0,0001 KWH energy use per transaction. Enjoy a fast, secure, reliable, eco-friendly and intuitive network with all the benefits that this brings without the network congestion and excessive energy consumption.

Low Carbon

Echain runs on the Proof-of-Green-Authority consensus, which allows only authorized entities to validate transactions and propagate new blocks to the chain. In this specific cases, validators needs to run their on-chain activities thanks to renewable energy. Thus making PoGA consensus a more energy-efficient alternative to PoS because it requires fewer computing resources.

Designed for dApps & DeFi

Echain, being EVM compatible, is designed to facilitate the deployment of ethereum based dApps which may eventually contribute to its adoption by developers. To enable DeFi’s rapid arrival on Echain, all Energyfi dApps, including Bridge, Swap, Farming, Staking, Launchpad and Lending, will be deployed right after the mainnet launch making it DeFi and adoption ready from the get-go.

Where Can You Buy Echain Network?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On PancakeSwap (V2) As It Has The Highest WETH/ECT. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include WETH/ECT And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

Echain Network Coin market screenshot

Echain Network Supported Wallet

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Several Browser And Mobile App Based Wallets Support Echain Network. Here Is Example Of Wallet Which Echain Network – Trust Wallet For Hardware Ledger Nano.

FAQ Of Echain Network

Where I Can Find Echain Network Whitepaper?

You Can Find Echain Network Whitepaper By Clicking Here.

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Where I Can Buy/Sell Balancer Token?

You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – Uniswap (V2).

What is Circulating Supply Of Balancer Token?

Circulating Supply Of Balancer Token Is N/A.

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