Electric Cash Price(ELCASH)

Electric Cash is fundamentally a payment protocol that operates on a decentralized peer-to-peer network. Unlike traditional banking systems that require intermediaries for transactions, Electric Cash empowers users to engage in direct digital currency transactions. This model not only minimizes transaction fees but also enhances accessibility, allowing a broader range of users to benefit from its services.

At the core of Electric Cash's functionality is its unique implementation of a consensus mechanism. The project employs a Proof-of-Work (PoW) system alongside a second layer of blockchain technology to ensure the security and reliability of transactions. This dual-layer architecture enhances the overall efficiency of the network, addressing some of the common issues faced by existing cryptocurrency platforms.

With a design prioritizing speed and security, Electric Cash is poised to simplify everyday financial interactions across the globe.