eCash vs Hedera

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.

Hedera operates as a public network employing the hashgraph consensus algorithm for rapid and secure transaction validation. Governed by a council of esteemed organizations, Hedera ensures consistent progress and decentralization. Distinguished by its high throughput, security, and fair transaction ordering, Hedera strives to establish a trust layer for the internet.