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Crypto Prune > News > Crypto > Blockchain > XEC founders outline instant finality plans using pre-avalachuset consensus
Blockchain

XEC founders outline instant finality plans using pre-avalachuset consensus

5 months ago 2 Min Read

Speaking at the e-cash conference in Barcelona, ​​Ecash founder Amaury Séchet announced the launch timeline for Pre-Consensus, a feature scheduled for the network upgrade on November 15th.

Avalanche Style Preconsensus arrives at ECASH on November 15th

Before the consensus, it will be active in MainNet as part of a future ECASH (XEC) upgrade, formalizing long-debated features within the project’s roadmap. The announcement came at an electronic cash conference held in Barcelona. There, Amaury Séchet outlined his goals and activation mechanics.

Before the consensus, we integrate avalanche-style consensus within Ecash to add fast transaction finality prior to block production. The project material describes it as the first example of immediate finality regarding Proof of Work (POW) blockchain, targeting confirmation within 3 seconds, and aims to reduce the need for stochastic settlements in everyday payments.

“Previously before the consensus, it’s a milestone not only for Ecash, but also for digital cash technology in general,” Séchet said at an electronic cash conference in Barcelona.

For exchanges and services, the team says the change means that deposits can be credited without waiting for multiple block confirmations. Current service providers supporting Ecash’s avalanche finality include Binance, Upbit, Bithumb, HTX, Coinex, plus public scorecard tracking integration and planned rollouts.

The developers characterize Ecash as Nakamoto/Avalanche Hybrid, holding proof of work while repeating pre-avalach inheritance to speed up settlements. The implementation of the avalanche at ECASH was developed by the Bitcoin ABC team, apart from the Avax network, according to the project documentation and announcements shared with Bitcoin.com News.

See also  Ethereum's Buterin compares the origin of Visa with Daos

Activation was programmed on November 15th, with network upgrades pending execution on all compatible nodes. Additional background on instant finality and avalanche integration is available on the project’s website and scorecards that track service support. This, the team said, will be updated to enable the feature.

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