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RE: LeoThread 2024-12-17 14:54

in LeoFinance3 months ago

Part 2/9:

Epic Cash, standing for "Epic Private Internet Cash," is a blockchain protocol designed to facilitate frictionless transactions at no cost. Drawing from the vision of Bitcoin's early days, Epic Cash allows for rapid payments without imposing fees or scalability issues, unlike Bitcoin, which historically faced constraints.

Max emphasized that the original Bitcoin architecture limited the system to approximately 350,000 transactions daily. In contrast, Epic Cash can scale substantially, accommodating billions of transactions per day while remaining free. Uniquely, the protocol was launched without an Initial Coin Offering (ICO), pre-mines, or corporate control, which means users can run their own nodes effortlessly, thanks to a compact blockchain size of less than three gigabytes.