While some people want to only focus on the negative, I thought I’d write an article focusing on all the positives that have happened since the launch of eCash on July 1, 2021.
Because as important as it is to acknowledge that a lot of hard work remains to be done, I believe it’s just as important to rejoice in all the small wins in order to keep building the momentum.
From the very beginning, I invested in eCash because I trusted the developers. I believed in their ability and their integrity. Nothing has changed for me on that front as they’ve done nothing but consistently ship code these past six months.
Something else I want to remind people of is that building new and exceptional products take time. It’s about putting one foot in front of the other and taking step after step in order to reach the goal. Google, Facebook, and Amazon didn’t become trillion dollar companies overnight. They did so by making millions of incremental improvements over years and years of work. This is exactly what the eCash project is doing.
It all started on July 1, 2021 when the team officially launched the project with an entirely new brand, with a beautiful new logo, and a unique and informative website. This was no easy feat considering cryptocurrency projects are a dime a dozen. Differentiating yourself in a sea of dog coins and meme tokens is a challenge to say the least.
But that’s just what Bitcoin ABC did. Anyone paying close attention would have seen that the people behind this project took careful measures to ensure their users had all the necessary tools to be able to use eCash from day one. They released a block explorer, the Cashtab web wallet, Electrum ABC (so users like me would be able to store our coins on a hardware wallet), and an address converter, all while simultaneously working on the protocol and providing technical support to exchanges.
Over the past 6 months I’ve seen first hand how responsive Bitcoin ABC is to bug reports and user requests. For example, they added password/fingerprint protection for Cashtab, as well as implemented address clearing upon sending a transaction and showing address balances for saved wallets. They also added over twenty local currenies in Cashtab and Turkish and Spanish language options on the e.cash website.
I’m sure there are plenty of other improvements I’m forgetting, but my point is that they clearly care about their users and are focused on making the best product possible, not just by being reactive but by being proactive. Making it possible to send messages using Cashtab is a perfect example, and it looks like encrypted messaging is coming soon.
But it’s not just about the all technical progress that’s been made. In less than six months the official twitter handle has amassed over 70,000 followers, and eCash is on more than 140,000 watchlists on Coinmarketcap.com.
I’ve also witnessed the formation of a growing and vibrant eCash community full of people from all over the world. Passionate individuals who understand the goal of this project and want to help in their own way.
We recently saw the formation of the GNC as well as the announcement of the first GNC funded project. More developers are contributing to the repository than ever before, and I can’t wait for other talented engineers to find this project and get funding for their projects not through donations or sponsorships but directly out of the block reward.
Looking ahead, everyone is obviously waiting for Avalanche. I have no idea when the first phase will be finished, but I’m looking forward to the upcoming new website that will make it easier to track progress of its development. To me that in and of itself would be a win.
The truth is nobody can say for certain that the announcement of Avalanche will actually pump the price. I’ve been involved in crypto long enough to know that this market has a mind of its own. But I’m not interested in quick pump and dumps, I’m interested in progress.
I believe in this project long-term, and with every incremental improvement, I’m confident that more and more people will come to see the value of XEC. I believe that slow and steady wins the race, in growing at the right speed, doing things the right way, and celebrating every little win that gets us closer to the goal.