Wednesday, Oct 13th, 2021 marks the second community AMA(Ask Me Anything) event of eCash, once again project lead and benevolent dictator Amaury Séchet himself attended the live Q&amp;A session, answering questions from the Turkish community. Below is the recap of the Q&amp;A session:‍Q1. Turks love you very much. They think you are a genius. Have you visited Turkey? Do you have a Turkish friend? A1. I visited Turkey several times. I have a few Turkish friends, for instance, Ali Çehreli, the author of a book about the D programming language and Emin Gun Sirer.Turkey is a good example of the problems that mismanaged currency can cause. In recent years, the lira was changed because the previous version became almost worthless. I remember paying 1.5M for a bus ticket when I was in Turkey, which, while a fun curiosity when you are a foreigner, is devastating for the people living through it and losing their savings. Q2. Will xec make deals with other corporate companies? If so, please specify a few. A2. That is the type of matter that should be discussed at the GNC in November. Q3. How close are we to an avalanche after consensus? Will it be ready by the end of October? A3. The avalanche consensus itself is there and working and has been for many months, but the part that still requires work is peer discovery. It is unlikely that it'll be production-ready by the end of October. Unfortunately, we are solving problems that have never been solved before, so it is very difficult to know the precise timeline. In any case, we are working as fast as we can to deliver this. Q4. What is your personal view on becoming a universal digital currency that can be used by 7.6 billion people in the world? Can XEC achieve this? A4. My view is that it is very difficult to displace existing currencies. You have to be ready to pick up where they left when they fail. And fiat currency always fails at some point, because they rely on the central bank to be trustworthy. There is always a point in time where the central bank becomes untrustworthy and the value of the currency goes down. This is when people want and look for an alternative. People want a currency that is usable on a day-to-day basis, but also where they can keep their savings in without seeing them go away. XEC is designed to have good properties as hard money and be a good medium of exchange, so it can achieve this. Q5. What are the positive aspects of breaking up with Bitcoin, which is the sole ruler of the crypto market and considered the god of the crypto market? A5. Bitcoin is valued because it is the biggest crypto. It is like the Kardashians: they are famous because they are famous. In the same way, Bitcoin is big because it is big. Unfortunately, Bitcoin has taken a road where it isn't a good medium of exchange. This forced the ecosystem to use trusted intermediaries instead of using Bitcoin directly. Most lightning network wallets are custodial, and widespread adoption efforts, such as what we see in El Salvador are custodial too. This turns out to be very similar to what the current banking system is doing. In the end, it also creates the same problems. Q6. Why did people choose XEC? What is the most important feature that distinguishes it from others? A6. Most coins don't really have any unique value proposition and just do marketing. This works for a while, but not long-term. These projects are pump and dumps, and constitute most of the crypto market today. XEC is not a pump and dump scheme. Even for coins that try to solve something, I think the approach they are taking doesn't make a lot of sense. For instance, BCH says they want to be a good medium of exchange, but rejects technologies that can ensure confirmation in seconds. BTC say they want to be censorship-resistant, but the road they are taking put intermediaries as gatekeeper. The 3rd big category of projects is smart contract platforms such as Ethereum. These projects can be very successful, but they don't solve the problem of money. XEC has the properties of a good store of value and a good medium of exchange, which makes it a superior form of money. Q7. Do global bosses want to support your projects? What kind of demands, if any, are there? A7. I'm not sure what this means. XEC has less institutional support than BCH did for instance, but on the other hand, the support BCH attracted also was its downfall. It attracted the wrong people. With XEC we have a very sane culture we can build upon. It's more difficult short term, but I think there are better prospects (in fact, XEC valuation has grown more than BCH's ever did). Q8. Where do you see XEC after 5 years? A8. Hopefully, in 5 years, it'll be clear that this is a crypto project that is here to stay and not a gimmick. I think XEC is in a good place now, and I hope we can grow it dramatically over the next years without sacrificing the culture. Q9. When people type eCash on Google, they want to encounter many news. When will the marketing team be established? A9. There is already some marketing effort that is being done. I suspect many of you are here thanks to that effort. Producing a lot of news needs to be a long-term effort. We will accumulate coverage over time. It is possible to generate a lot of noise all at once, but the problem with that strategy, is that it is not sustainable, you then get replaced with the next shiny thing. Steady wins the race. Q10. eCash is revolutionary with its online feature." By realizing this revolution, you may become the new Satoshi Nakamoto of history. What do you think about this? Is XEC really a revolution? A10. I do not think about it too much. I try to focus on what the project needs to make it big more than what I'll do if that happens. I think this project has the potential to grow much bigger than it is now over the years. The community is strong, the roadmap is solid and I think there is a legitimate need for it. Q11. Your agenda looks quite different as CEOs analyze the market for their own products and products only on Twitter. (Politics, Covid and other daily developments etc.) Why don't you share extensively about XEC? A11. Julia Galef talks about the scout and the advocate mindset. many people on Twitter or in the media generally adopt the advocate mindset. They are here to convince others and know what position they will have before knowing the facts. I try to adopt the scout mindset. I'm here to bang ideas and learn. This is not as good as a sales tactic, but if I wasn't doing this, then I would not have understood distributed systems, economics, cryptography, bitcoin and many other topics to the degree I would have needed to get where I am now. Q12. eCash aims to be digital cash and the hope is that it will be used as such in the future. In Dash and Bitcoin Cash (both coins with similar goals) there have been paid campaigns to encourage merchants to accept their coins in stores in for instance Venezuela and Columbia. How do you view these types of campaigns and do you think they will lead to long-term success? Another model is acceptance of coins in a very local area like for instance Townsville for BCH or back in the day Arnhem for BTC which both seem to be adoption built around an already active local community. Do you see any of these two models as something that would be beneficial for eCash to try and replicate or do you believe the road to success is a different one A12. I think Dash is indeed a serious competitor. BCH is not. The BCH community says they want to be digital cash but are not taking the steps required to improve the digital cash properties of their coin. There is a saying in English: "Actions speak louder than words". This is very common in crypto, a project has a goal, but then acts in a way that demonstrates a different goal.When it comes to adoption, I think people focus too much on getting the coin to be accepted. Having a merchant accepts a coin and then dump it on the market doesn't help. What is important, is to get the merchant to want the coin, then they will accept it. Arnhem Bitcoin city and Townsville are great for that. Generic payment processors such as bitpay are also providing a great service. One creates an ecosystem where there is both supply and demand, the other provides scale. Q13. News has been published about the European Union's search for a common cryptocurrency. As a European citizen, have you thought about informing the European Union authorities about eCash? A13. The EU is indeed considering launching a cryptocurrency, but do not be fooled, this project has nothing to do with the cryptocurrency space. The technology will be similar, but the coin will be 100% under the control of the ECB. This is not a tool of freedom, but to the contrary, a tool for political instance to have total control over the people's money. These technologies are a great threat to the freedom of European citizens, but let's not be naive, to the freedom of everybody worldwide, as if the EU is successful, every other country will want to do the same. Providing an alternative to this is an important reason why I think XEC is important. Q14. Will there be applications to other exchanges other than the current exchanges? coinbase is highly requested A14. The best way to get XEC on exchanges is by letting exchanges know that there is demand for it. This is one thing that the community can help with. Let the exchange you use know that you want to have XEC listed. As to coinbase specifically, hopefully, we'll get there at some point, but I do not have anything to share at the moment. Q15.Users who want to buy more stuff with it believe xec will delete 2 more zeros what do you think about itWill there be applications to other exchanges other than the current exchanges? coinbase is highly requested A15. I never make price predictions. Q16. My question is how to deal with institutions, what kind of promise and impression will be given to make themselves accepted as the world currency. How will you provide security for money and world giant hackers? A16. The cryptography that powers Bitcoin and eCash is very solid and has not been cracked at this time. It doesn't mean that exchanges or wallets don't get stolen, but the protocol has remained solid over the years. We intend to keep it this way. This is a very robust and proven technology. Q17. Why did the eCashin upbit conversion not affect the price? Why is the volume on the Upbit exchange not reflected in other exchanges? A17. I do not make price predictions. Q18. How about these: What are you most excited about regarding eCash? What do you think will happen if other countries like China start acting against crypto? What can eCash supporters do to help the project the most? A18. When countries act against crypto, they show they are scared. This is a bad thing but it is a necessary part of the process. When there is a change, you see the incumbent complain about the newcomer, in a more and more forceful way. Country banning crypto is a sign that crypto has become big enough so that they cannot ignore it anymore. This is very similar to newspaper and TV blaming Facebook. The reality is that Facebook and Google have collected a ton of ad revenue that traditionally went to newspapers, and they don't like that, so they paint these new companies in a bad light.What people can do to help the project at this time is to build companies on it, if they have the skills. Let wallets, exchanges and other services that you use know that you would like to see it supported. And help build and maintain a strong culture. Q19. This is what XEC plans to be the coin of the future. As investors, we believed in this and invested in the future. Will XEC be affected by US and SEC regulations? A19. The team working on XEC are not US citizens, so there are no worries on this front. We are not selling the token - it is mined, just like Bitcoin. The SEC does not have a problem with that at the moment. Q20. Is there an internet search engine that works with the ecash network and will the ecash network be able to interact with electronic devices (like iota, iotx)? A20. I am not sure what a search engine would do with XEC, or crypto in general. There is no reason electronic devices cannot interact with XEC (for instance Tobias Ruck has implemented NFC cards that can do payments in XEC and eTokens). IOTA's focus on the internet of things is mostly a marketing gimmick. the reality is that most crypto can do this. On an aside, I would recommend staying away from IOTA, as the cryptography they use has often been broken in the past.

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Wednesday, Oct 13th, 2021 marks the second community AMA(Ask Me Anything) event of eCash, once again project lead and benevolent dictator...

eCash Turkish AMA 2021-10-13 (EN)

2021년 9월 27일 월요일에 eCash의 7월 리브랜딩 이후 첫 번째 커뮤니티 AMA 이벤트를 진행했습니다. 프로젝트 리더이자 '자비로운 독재자' Amaury Séchet이 직접 라이브 Q&amp;A 세션에 참석하여 한국 커뮤니티를 통해 받은 질문에 답변하였습니다. 다음은 Q&amp;A 세션을 요약한 내용입니다:‍ <ul><li>Q 1: KR: XEC와 AVAX 간의 아발란체&nbsp; 구현의 주요 차이점은 무엇입니까? </li></ul><ul><li>A 1: KR: AVAX는 아발란체를 독점적으로 사용합니다. XEC는 아발란체로 개선할 비트코인과 유사한 블록체인입니다. 아발란체의 주요 장점 중 하나는 Bitcoin과 함께 작동하는 모든 시스템이 XEC와 함께 작동하도록 빠르게 적용될 수 있다는 점입니다. 아발란체의 장점을 XEC에 모두 적용될 수는 없겠지만 우선적으로는 약 10분 안으로 모든 거래가 완료 될 수 있다는 이점은 누릴 수가 있습니다.</li></ul> <ul><li>Q 2: KR: 현재 지식으로 좋은 문화를 육성하기 위해 BCH를 시작할 때 다르게 했을 것이나 문화가 이미 파멸된 것이 있습니까? </li></ul><ul><li>A 2: KR: 예, 많은 부분에 있어서 다르게 했습니다. 없앤 문화들은 정확히 기억은 나지 않지만, 원래 저는 가치를 제공하는 것보다 그냥 말만 많은 사람들의 말을 모두 들어주곤 했습니다. 그러다보니 진행을 함에 있어서 괜찮아 보이던 것들이 실질적으로 진행되면서 별로이게 되어 완료 하지 못한 것들도 있긴 했었습니다. 결과적으로 좋은 사람들과 함께 좋은 문화를 만드는 것이 가장 좋은 결과를 만들어 주었고 XEC는 그런 면에서 현재 좋은 문화를 만들어 나가고 있습니다.</li></ul>‍ <ul><li>Q 3: KR: 아발란체 이후 XEC 로드맵에서 다음으로 가장 중요한 항목은 무엇이라고 생각하십니까? </li></ul><ul><li>A 3: KR: 아발란체는 많은 것을 가능하게 합니다. 그래서 아발란체 이후에 중요한 것은 이를 제대로 구축하는 것이라고 생각합니다. 보안 강화에서 즉각적인 컨펌이 일어나는 부분까지 구축해야할 세세한 부분들이 많고 그 하나하나가 전부 중요합니다.</li></ul> <ul><li>Q 4: KR: Merklix는 eCash 체인에 어떤 이점이 있습니까? 샤딩에 유용한가요? 구현에 대한 견적이 있습니까? </li></ul><ul><li>A 4: KR: Merklix 트리의 병렬 처리구조는 큰 블록에 이점이 있습니다. XEC는 현재로서는 큰 차이를 만들 정도의 규모로 운영되고 있지는 않습니다만, 추후 XEC가 성공적으로 구현되면 Merklix의 이점이 크게 활용될 것입니다. 병렬 처리를 늘리는 것이 같은 시간에 더 많은 것을 처리할 수 있는 유일한 방법입니다.</li></ul> <ul><li>Q 5: KR: eCash는 결제용 코인으로서 DeFi를 의식하지 않을 수 없을텐데, 재단에서 구상하는 DeFi 지원 또는 독자적인 유사 탈중앙화금융 시스템 구축 계획은 무엇인지요. </li></ul><ul><li>A 5: KR: DeFi 기능에 대한 계획은 EVM 서브넷을 만드는 것입니다. 오랜 기간동안 사람들은 다르게 작동하는 다른 여러 시스템들과 비트코인을 연결하는 방법을 찾으려 했습니다. 사이드체인이나 드라이브체인과 같은 솔루션은 모두 리버스 페그(즉, 사이드체인에서 메인 체인으로 코인을 다시 가져오는 방법)에 문제가 있습니다. 해당 솔루션은 아발란체로 보다 효과적으로 해결할 수 있습니다.</li></ul> <ul><li>Q 6: KR: 아발란체 이후 개발 계획은 어떤것이 있나요? </li></ul><ul><li>A 6: KR: 무엇보다도 아발란체를 사용하여 보안강화, 컨펌 시간 단축 등 다양한 이점을 제공합니다. 이런 여러 작은 부분들이 진행되고 나면 네트워크가 다른 기능을 가진 네트워크에 상호 연결 될 수 있도록 하면서 동일한 코인을 사용할 수 있도록 하겠습니다. 가장 가치있는 서브넷 두가지는 프라이버시를 원하는 사람들을 위한 영지식과 발전된 스마트 컨트렉트를 쓸 수 있는 EVM 입니다. 이더리움 처럼 말이죠!</li></ul>‍‍<ul><li>Q 7: KR: 이미 실사용되고있는 리플 등을 뛰어넘기 위한 마케팅 방향을 알고싶네요. </li></ul><ul><li>A 7: KR: 최종적으로는 우리가 코인의 가격을 조정하지는 않습니다. 우리가 할 수 있는 건 좋은 코인을 만들기 위해 열심히 일하는 것과 사람들이 좋아하는 코인을 만드는 것입니다. 이렇게 하는 이유는 코어 기술에 대해서 작업하면서 스케일을 넓힐 수 있으며 더 빠른 컨펌 (2초 미만) 을 가능케 하고 보안성을 높이며 확정성을 좋게 만듭니다. 우리는 또한 종종 간과할 수 있지만 기술보다 사실 더 중요할 수 있는 문화를 안정적으로 만들어질 수 있도록 할 것입니다.</li></ul> <ul><li>Q 8: KR: 이캐시 향후에 소각 계획이 있나요? 그리고 이캐시가 실생활에 활용하기위해 리브랜딩 하는걸로 아는데 실생활에 적용하기위한 프로젝트가 있나요? </li></ul><ul><li>A 8: KR: 코인을 소각하는 사람들은 본인들의 코인에 대한 가치를 높게 보지 않는 사람입니다. 그 사람들은 투자자들에게 깊은 인상을 주는 마케팅을 하는 것 처럼 보이지만 실질적으로 프로젝트를 버릴 수도 있습니다. 저는 XEC가 가치있다고 생각합니다. 그렇기 때문에 소각은 하지 않을 것입니다. 소각이 가치 있다고 생각하는 프로젝트 관계자들은 본인들의 코인을 소각하라고 말하고 싶습니다. 리브랜딩과 관련해서는 비트코인 ABC 자체가 그다지 좋은 브랜드는 아니어서 그렇습니다. 해당 코인이 어떤건지, 무엇을 위한건지, 프로젝트의 가치는 어떤것인지 등 명시되어 있지 않습니다. 하지만, eCash는 이에 비해 훨씬 월등합니다. 실생활에 활용 되는 것은 화폐를 대신하는 모든 것에 활용 가능하며 해당 이론은 오랜시간동안 유명 경제학자 밀턴 프리드만의 이론이 우리가 원하는 이론을 모두 담고 있다고 말씀드리겠습니다.</li></ul> <ul><li>Q 9: KR: 이캐쉬 1,000,000 : 1 비율로 리브랜딩하여 코인숫자를 많이 늘린 궁극적인 목표는 무엇인가요? </li></ul><ul><li>A 9: KR: BTC와 BCH는 어떤것을 결제할때 사실 매우 불편합니다. 무언가를 사려고 하면 0.00143BTC 처럼 단위가 이상해지죠. 그러다 보면 틀릴 수도 있구요. 반면에 통화에 숫자가 큰 것들이 있습니다.한국 원화가 예를 들면 그렇죠. 시장을 분석했을때 사람들은 이런것을 선호하는 것으로 판단했고 그래서 코인숫자를 늘리는 방식을 채택하기로 했습니다. 코인 가격이 오르면 충분한 마진을 남길 수도 있고 사용하는데 편리하도록 이렇게 변경하였습니다.</li></ul>‍ <ul><li>Q 10: KR: 아발란체 이후 XEC 로드맵에서 다음으로 가장 중요한 항목은 무엇이라고 생각하십니까? </li></ul><ul><li>A 10: KR: 우선 사용자에게 가치를 제공하기 위해 아발란체를 적극 활용할 예정입니다. 컨펌시간을 단축하고 보안강화 및 서브넷이 가장 중요하다고 생각합니다.</li></ul> <ul><li>Q 11: KR: 추후에 미국이나 전 세계적으로 CBDC가 도입되었을 때, 이캐시가 공존할 수 있을지 아니면 화폐 기능 대신 이캐시의 어떤 기능이 중심이 될 지 궁금합니다. </li></ul><ul><li>A 11: KR: CDBC는 암호화폐와 동일한 기술을 공유하지만 그렇다고 해서 같은것은 아닙니다. CDBC는 전례 없던 감시와 대중의 재정을 통제하는 데 사용될 것입니다. 제 생각에는 eCash는 사람들이 CDBC의 대안으로 가지고 있을 수 있는 화폐이며 그런 대안이 없다면 세계의 재정에 있어서 자유는 크게 줄어들 것입니다. 이게 XEC가 존재하는 이유입니다.</li></ul> <ul><li>Q 12: KR: 홀더들이 가장 기대하는 것이 스테이킹 보상일건데요.. 현재 발행량의 90%가 유통되고 있는데.. 재단의 보유량, 스테이킹 보상률 및 유지 방안을 알고싶네요. </li></ul><ul><li>A 12: KR: 관련해서 아직 결정된 부분은 없으며, 커뮤니티에서 나온 의견을 적극 수렴할 의향이있습니다.</li></ul> <ul><li>Q 13: KR: 비트코인 정통성을 포기하면서까지 Pos로 전환한 이유와 장점은 무엇인가요? </li></ul><ul><li>A 13: KR: POS로 완전 전환되는것이 아니며 POW는 유지됩니다. POW위에 POS를 활용하는 기능을 추가하는 것입니다.</li></ul> Korean Telegram Group:<a href="https://t.me/eCashKorea">https://t.me/eCashKorea</a>

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2021년 9월 27일 월요일에 eCash의 7월 리브랜딩 이후 첫 번째 커뮤니티 AMA 이벤트를 진행했습니다. 

eCash AMA 2021-09-27 (KO)

<figure style="padding-bottom:56.206088992974244%" data-rt-type="video" data-rt-align="fullwidth" data-rt-max-width="" data-rt-max-height="56.206088992974244%" data-rt-dimensions="854:480" data-page-url="https://www.youtube.com/watch?v=SYqY9coBNGw"><div><iframe allowfullscreen="true" frameborder="0" scrolling="no" src="https://www.youtube.com/embed/SYqY9coBNGw"></iframe></div></figure>Built by an experienced team of bitcoin developers who founded Bitcoin Cash, eCash is a fork of bitcoin with a more aggressive technical roadmap. Guided by the academic vision of legendary economist Milton Friedman, eCash follows through on key blockchain scaling promises. An innovative Avalanche consensus layer and its own token layer are unique technical highlights of eCash. eCash also aims to introduce features never before seen in a Bitcoin project such as staking, fork-free network upgrades, and subchains.Guest: Amaury Séchet, Lead Developer at eCash‍<a href="https://www.youtube.com/hashtag/xec">#XEC</a><a href="https://www.youtube.com/hashtag/bitcoincash">#BitcoinCash</a><a href="https://www.youtube.com/hashtag/ecash">#eCash</a>~eCash XEC interview | New Money From the Creators of Bitcoin Cash~

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Built by an experienced team of bitcoin developers...

eCash XEC interview | New Money From the Creators of Bitcoin Cash
eCash XEC interview | New Money From the Creators of Bitcoin Cash
eCash XEC interview | New Money From the Creators of Bitcoin Cash

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eCash Turkish AMA 2021-10-13 (EN)

eCash AMA 2021-09-27 (KO)

eCash XEC interview | New Money From the Creators of Bitcoin CasheCash XEC interview | New Money From the Creators of Bitcoin CasheCash XEC interview | New Money From the Creators of Bitcoin Cash

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eCash Turkish AMA 2021-10-13 (EN)

eCash AMA 2021-09-27 (KO)

eCash XEC interview | New Money From the Creators of Bitcoin Cash
eCash XEC interview | New Money From the Creators of Bitcoin Cash
eCash XEC interview | New Money From the Creators of Bitcoin Cash

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