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Bitcoin Cash ABC (BCHA) has rebranded to eCash (XEC) and has redenominated to a 1:1000000 ratio. The eCash branding came into effect on July 1, 2021.
eCash is a cryptocurrency that’s designed to be used as electronic cash. Just like the invention of emails made it possible to send direct messages online, eCash makes it possible to send money directly to other people online. This includes being able to use eCash to pay for goods and services.
eCash is a cryptocurrency, whereas Bitcoin ABC is the software businesses use to interact with and maintain the eCash network. The team behind the Bitcoin ABC software also operates under the same name.