eCash vs Electroneum

eCash is a blockchain project led by Bitcoin ABC, aiming to enhance L1 scalability, security, transaction speed, and cost-effectiveness. It integrates the Avalanche consensus protocol with its base PoW consensus, making it effectively a hybrid consensus network that is secured against 51% attacks and extensible via subnets and hard-fork free upgrades. These improvements address scalability concerns, enable rapid transaction finality, interoperability, and guarantee subcent fees. Despite these improvements, eCash remains committed to maintaining the decentralization principles of the original Bitcoin protocol. By prioritizing scalability and extensibility, eCash seeks to realize the vision of Bitcoin as a practical and accessible peer-to-peer electronic cash system.

Electroneum is a Layer 1 EVM-compatible blockchain, catering to 4+ million users worldwide. The network boasts transaction speeds of just 5 seconds with instant finality and potentially the lowest smart contract fees available. Powered by the IBFT consensus mechanism and supported by known validators (targeting universities and Web3 infrastructure companies), the network is incredibly fast, secure and energy efficient.