Work is underway on the Chronik Indexer project for eCash. This project was recently funded by the <a href="https://gnc.e.cash/">GNC</a>. The project has multiple stages, the first of which was to open-source the existing Chronik codebase. Subsequent stages comprise development activity to integrate the Chronik Indexer directly into the Bitcoin ABC node software, and provide first-class indexing infrastructure for eCash.<h1>What is the Chronik Indexer?</h1>‍An indexer is one of the most important pieces of software for blockchain applications. It is a critical piece of infrastructure that other applications (such as wallets and explorers) are built on top of. Proper and reliable indexing infrastructure for Bitcoin-like chains has been the dream of developers for years. Current eCash indexers are inefficient, buggy, or have mediocre code quality. By addressing these issues, Chronik allows for a faster, cheaper, and more reliable eCash development and indexing experience. In addition, Chronik is designed to be forward-looking and upgradable, making it well suited to the long-term goals of building an indexer directly into the eCash node, providing first-class Avalanche support, and making the indexing of new protocols as easy as possible.‍Chronik has the potential to drastically simplify the entire eCash development stack, and cause a cascade of developers to build new protocols on top of eCash — all of which can be indexed by Chronik.‍“RaiPay shares eCash’s vision of bringing peer-to-peer electronic cash to the world. We’ve been working persistently on realizing this vision, be it in Saipan or anywhere else that we’ve applied our skills. One thing that always has been a huge pain has been the indexer infrastructure. We’ve had some success with BCHD but it always has been lacking. With Chronik we finally have something that won’t have severe downsides. We’re very happy the GNC funded our work and we believe it will greatly propel eCash as one of the most useful chains out there.” - Tobias Ruck of RaiPay<h1>Chronik Project details</h1>‍Currently, Chronik is a stand-alone binary written in Rust, which connects to amodified eCash node (bitcoind), such that it exposes an NNG (nanomsg next generation) interface with flatbuffers encoding. As a first step in this project, the source code for Chronik has been open-sourced, and is available at <a href="https://github.com/raipay/chronik">Github</a>.‍Having two separate executables works well in practice, but in discussions with the ABC team leading up to this proposal, RaiPay and ABC decided that it would be best to include Chronik directly into the eCash node (bitcoind) as one executable. This will make Chronik much more robust, eliminating the need to maintain state in both bitcoind and Chronik separately. This will also make the user experience simpler and less error-prone, having to run only bitcoind rather than juggling two executables. This project finds development work to make this integration happen.‍The development work for the project will also add first-class Avalanche support to Chronik, and make the indexing of new protocols as easy as possible.‍Work has already begun on porting Cashtab to use Chronik as its indexer. “Chronik will dramatically increase the speed of Cashtab and also make it easier for developers to rapidly deploy their own eCash apps. Native websocket support will enable instant transaction processing for web and mobile apps.” said Joey King, lead developer of Cashtab.‍<h1>What does “Chronik” mean?</h1>The name “Chronik” was chosen because it is quite easy to pronounce, relatively unused in computer science and especially in blockchain. “Chronik” is German and translates to “History” or “Chronicle”. Since an indexer does exactly what a chronicle does—it arranges the history of a blockchain in an easy to use format—it is the perfect name for the project.‍<h1>About eCash</h1>‍eCash is redefining wealth and re-introducing the idea of electronic cash to the crypto space. Now on over 30+ exchanges with the ticker XEC, eCash is making waves through each approved project, step by step, to reinvest and grow its ecosystem. For more information check out <a href="https://e.cash/">https://e.cash/</a>.‍

medium_6257704aac6e5a3316a11eff_GNC-funded-4.png

small_6257704aac6e5a3316a11eff_GNC-funded-4.png

thumbnail_6257704aac6e5a3316a11eff_GNC-funded-4.png

6257704aac6e5a3316a11eff_GNC-funded-4.png

Work is underway on the Chronik Indexer project for eCash. This project was recently funded by the GNC

eCash’s GNC Approves Chronik Indexer Project.

Recent protests in Ottawa and blockades around the Canada-U.S. border caused tension in a three week long tug of war between people and state. Truckers came out in opposition to mask mandates and mandatory vaccinations, drawing a large crowd of supporters in-person and online. Fiat and even crypto donations were flowing into crowdfunding campaigns and wallet addresses. Shortly after, the Canadian government instructed banks to freeze 206 accounts affiliated with the protest. In an unprecedented move, Trudeau signed the <a href="https://www.globenewswire.com/Tracker?data=2n3-fokZ78HFvmPBv9TAKinoc6VbnvBULXpuGlKXaOOW2tIfBSlAgQgv2asgTYAYw5Sk3AyXSiue5v-MiomXw5HweasAwuGB1stH0oaBrnvOa_nTto8RhzW0oqz-PWtWRml1EMosxBmI4pdL9KVqz6-T-sRP9QjL740uNV3lHIU=" target="_blank">Emergencies Act</a>. In a tweet by Ottawa police, they threatened financial sanctions as repercussions and viewed any support as a criminal charge. In recent days, the Emergencies Act has finally been <a href="https://www.globenewswire.com/Tracker?data=5StCi2r4d0pOSjWmj1O_YXTmj-5etzT4nF_Ej-XsHYrgXfHwzY8xMDKy1omj38ta3YEjNGcz0XKfFPUt74rkdyPrbRgPJhlx7E8chaOzFdPyDQerpONwsBzXPr2ZyUzSVIrO0Abnt8XUjVD6MpOTGbAgSEjIyt1QkUKIVi5NxPwxSV8_xMn1CEa2OhBCmn5w" target="_blank">revoked</a>, though bank accounts remain frozen and wallet addresses continue to be blacklisted.The Canadian government was able to easily blacklist 253 wallet addresses due to the easily traceable nature of Bitcoin: "The past and present ownership of every Bitcoin—in fact every 10-millionth of a Bitcoin—is dutifully recorded in the blockchain, an ever-growing public ledger shared across the Internet" (<a href="https://www.globenewswire.com/Tracker?data=LgliqpYvmCCeWhfGFCsqnAVRYDSvT8PntERoaSeJvVUshvXA_syHkDHQ7tPpveZ0APW_ApkTNmXCoDDdc03grHzDnqOW7tUvddllr7e3P7NFk9JkEOla7hRy6pEEYdE_nnYC0gCpAFgaNg-2OrxGIQ==" target="_blank">Bohannon</a>). This is why criminals can't hide behind Bitcoin, or even Ethereum for that matter on centralized exchanges because of the identity authentication process (Know Your Customer). If another crypto fundraiser were to take place, Bitcoin may not be the answer — its addresses are too transparent on the blockchain.The only way to avoid central authority's overstep without recourse is to successfully move away from wallets on centralized exchanges. In response to the Emergencies Act, Kraken CEO Jesse Powell advised worried users: "Don't keep your funds with any centralized/regulated custodian. We cannot protect you. Get your coins/cash out and only trade p2p," he tweeted. That sure sounds like an easy pivot, yet understanding how decentralized works requires a bit more knowledge and patience. A small token swap on Uniswap may cost hundreds of dollars in <a href="https://www.globenewswire.com/Tracker?data=itZpWuTbSIhv3GHnUU2MI7CkFAzvlmjLhSu7sTrtVEMxi31e3Mn2g2jrbrY8f2V07CHAwhWzKr6N3UvQf6F7hG_JxoTrZ6e_D72QbtzGo3TFnFk-EK7xojCyfx32bomZkRbjBPoDl8F0BVHiL0seoiLyugTbeM783ReqhbyWJ5Fx3qYw2-QzMnhzu4oq4DXt" target="_blank">gas fees on Ethereum</a>, which is again impractical for small traders. If the freedom convoy was to use such crypto proceeds for water, food, or materials to rally continued support—they'd need a customer and vendor to open their wallets and swap with each other. Inevitably, they'll still have to deal with the high fees and slow transaction speeds to make a successful trade.Altcoins that have implemented technology to solve government tracking and fee issues remained relatively overlooked in the 2021 bull market. <a href="https://www.globenewswire.com/Tracker?data=RUUMLb7JBQGGHCsNdckKr3aWCZBRuDrBN46PYHGKQ95zZaSB4WfcU95HVNbNB89B" target="_blank">eCash</a>, a previous fork from Bitcoin, implements larger blocks to virtually eliminate throughput scarcity. Privacy is available through the opt-in CashFusion protocol, upgraded in the latest release, which preserves supply auditability. eCash also has the same supply cap and low inflation characteristics as its predecessor, Bitcoin. The latest release of the eCash software also quietly turned every node into an <a href="https://www.globenewswire.com/Tracker?data=k0cFc2ak6ZoQoJ1KxbRFr6kCMz2fP90woY9F1o1BrvipqhDbB0bh9f7Nt1s3l35niqm75uvOcJ0t_mHiTVLioqG7uNp3oiKiL1o1iqGlhRLwpjz1xwEZZQ_ddmy583zmFYPX3BqWJ8o9C_8sXwac9g==" target="_blank">Invisible Internet Project</a> node, allowing users to participate in a separate, uncensorable, private layer of the internet. There are many other altcoins like Monero that claim to be "<a href="https://www.globenewswire.com/Tracker?data=9__siv4OgaGIqY-PQ1Yrdxl2E_oX1rWgy0Fx9mFMs9Uf7CrZliFVAiH4Rm77cle7QuZ6B7F1O38My-znJGuXimTRu_FyNNXcVZeR5hyHWg45F0y6BmyLqDyjI4xRHlRGhHFbnhlS-0D-4UNLpFWUZ16B8wb2yQH8V8SUg-dMJLqHPKGEj1Uy7MVMZgvoDVt9IZ4LoOleU7J1Nl4Qq31Ko5zWJLiT1YqyYvLJQEFaSKDSfKcz08qCxxO5DrDzC97X" target="_blank">private cryptocurrencies</a>" which can shield wallet addresses—yet higher inflation, poor auditability and ties to the darknet cast wariness for adoption and support.The trucker's freedom convoy in Canada paved the way for an ambitious near-perfect case study for Bitcoin. But the government's successful interference of blacklisting wallet addresses exposed its flaws and the problems other altcoins still face. Bitcoin and Ethereum failed to overcome state opposition to their use in a crowdfunding campaign. Next time, we'll learn which cryptocurrencies can succeed.For more inquiries, contact pr@e.cash.

medium_62914cebb5d4e5dac8f2aed7_622d659e8a73302181089424_Screen%20Shot%202022-03-09%20at%207.31.40%20AM.jpg

small_62914cebb5d4e5dac8f2aed7_622d659e8a73302181089424_Screen%20Shot%202022-03-09%20at%207.31.40%20AM.jpg

thumbnail_62914cebb5d4e5dac8f2aed7_622d659e8a73302181089424_Screen%20Shot%202022-03-09%20at%207.31.40%20AM.jpg

62914cebb5d4e5dac8f2aed7_622d659e8a73302181089424_Screen%20Shot%202022-03-09%20at%207.31.40%20AM.jpg

Recent protests in Ottawa and blockades around the Canada-U.S. border caused tension in a three-week-long tug of war between people and...

New eCash Features Address Crypto Shortcomings in Freedom Convoy

<figure class="w-richtext-figure-type-video w-richtext-align-fullwidth" 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=AI2S68qsdd0"><div><iframe allowfullscreen="true" frameborder="0" scrolling="no" src="https://www.youtube.com/embed/AI2S68qsdd0" title="Explaining Avalanche On eCash w/ Amaury Sechet"></iframe></div></figure>Amaury Sechet, founder of Bitcoin ABC, creator of Bitcoin Cash and eCash, joins me to explain why Avalanche consensus is being implemented on eCash and what benefits users should expect from this implementation.Recent, more technical interview on the topics discussed:Part 1: <a href="https://www.youtube.com/watch?v=K4nM2VQNTew&t=0s">https://youtu.be/K4nM2VQNTew</a><a href="https://www.youtube.com/watch?v=K4nM2VQNTew&t=0s">‍</a>Part 2: <a href="https://www.youtube.com/watch?v=SYjF0pqMMDk&t=0s">https://youtu.be/SYjF0pqMMDk</a><a href="https://www.youtube.com/watch?v=SYjF0pqMMDk&t=0s">‍</a>2018 article explaining Avalanche preconsensus by Chris Pacia:<a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqazN4Z24xNjVlM3RZdUZaV1Y5dkxMRGxuZy1FZ3xBQ3Jtc0ttTlc5MTl3YVRTOHlEaEhPb0dHRXk4eXVoSEN2RFExTXc3blZ1OXR1VWRSWFhQT0VpVXZmUHdYTkxOYXB5XzR3Z0tqOEVNMVhvbTZEOF9UTm11bHlKaU9uQUFJYUo0eG4wa1B1VmdLV0h0Zk1Jd1BoTQ&q=https%3A%2F%2Fchrispacia.medium.com%2Favalanche-pre-consensus-making-zeroconf-secure-ddedec254339" target="_blank">https://chrispacia.medium.com/avalanc...</a><a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqazN4Z24xNjVlM3RZdUZaV1Y5dkxMRGxuZy1FZ3xBQ3Jtc0ttTlc5MTl3YVRTOHlEaEhPb0dHRXk4eXVoSEN2RFExTXc3blZ1OXR1VWRSWFhQT0VpVXZmUHdYTkxOYXB5XzR3Z0tqOEVNMVhvbTZEOF9UTm11bHlKaU9uQUFJYUo0eG4wa1B1VmdLV0h0Zk1Jd1BoTQ&q=https%3A%2F%2Fchrispacia.medium.com%2Favalanche-pre-consensus-making-zeroconf-secure-ddedec254339" target="_blank">‍</a>eCash Official Twitter: <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqazZOdmRTU0xCVFB1TlpDWDJqWmNQNU5zSGEzZ3xBQ3Jtc0tsSlk3N0FfNmhJbDEzel9HV1RjNVh4b3JGdlJUdDMyV29WVEFHOGo1RkwzTkRXaHRyZ0Mta05vQUlXZlVEc2VGbmRSdGh5R2RVSUVjQ1J2czdzWHlSQXA1dERCS0xPWFNwaWRSOFNCdFlISXNxUzRJSQ&q=https%3A%2F%2Ftwitter.com%2FeCashOfficial" target="_blank">https://twitter.com/eCashOfficial</a><a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqazZOdmRTU0xCVFB1TlpDWDJqWmNQNU5zSGEzZ3xBQ3Jtc0tsSlk3N0FfNmhJbDEzel9HV1RjNVh4b3JGdlJUdDMyV29WVEFHOGo1RkwzTkRXaHRyZ0Mta05vQUlXZlVEc2VGbmRSdGh5R2RVSUVjQ1J2czdzWHlSQXA1dERCS0xPWFNwaWRSOFNCdFlISXNxUzRJSQ&q=https%3A%2F%2Ftwitter.com%2FeCashOfficial" target="_blank">‍</a>eCash Telegram Channel: <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbl9EQlp1RkpJSGE3alRkVVNsc205WVFRbGVEQXxBQ3Jtc0trbkdkaXRRM3FaWEZESmhCYW82a0I4dmVabFpQOTZrY1gweUVlTVVmOG8ySXA3dFZ6MzZxcFV1bDdwdFNuMHlrdUtjVHMtc1VNUmJpWWpaSWM3aW9DVkZ6U1VZQXpRWFltWU5CR1pqUTZya0pralBEaw&q=http%3A%2F%2Ft.me%2Fecash_official" target="_blank">http://t.me/ecash_official</a>

medium_62914cd0abe920ae662d3145_624d60dada82bf3f83e98db4_Screen-Shot-2022-04-06-at-5.34.jpg

small_62914cd0abe920ae662d3145_624d60dada82bf3f83e98db4_Screen-Shot-2022-04-06-at-5.34.jpg

thumbnail_62914cd0abe920ae662d3145_624d60dada82bf3f83e98db4_Screen-Shot-2022-04-06-at-5.34.jpg

62914cd0abe920ae662d3145_624d60dada82bf3f83e98db4_Screen-Shot-2022-04-06-at-5.34.jpg

Amaury Sechet, founder of Bitcoin ABC, creator of Bitcoin Cash and eCash...

Explaining Avalanche On eCash w/ Amaury Sechet
Explaining Avalanche On eCash w/ Amaury Sechet
Explaining Avalanche On eCash w/ Amaury Sechet

You may also like
You may also like
You may also like

eCash’s GNC Approves Chronik Indexer Project.

New eCash Features Address Crypto Shortcomings in Freedom Convoy

Explaining Avalanche On eCash w/ Amaury SechetExplaining Avalanche On eCash w/ Amaury SechetExplaining Avalanche On eCash w/ Amaury Sechet

You may also likeYou may also likeYou may also like

eCash’s GNC Approves Chronik Indexer Project.

New eCash Features Address Crypto Shortcomings in Freedom Convoy

Explaining Avalanche On eCash w/ Amaury Sechet
Explaining Avalanche On eCash w/ Amaury Sechet
Explaining Avalanche On eCash w/ Amaury Sechet

You may also like
You may also like
You may also like