#### What is eCredits? eCredits (ECS) is a [digital currency](https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency) that operates within the eCredits Ecosystem. This ecosystem is designed to integrate seamlessly into existing retailer structures, providing a unique advantage for large collectives that aim to adopt ECS as an alternative payment method within their systems. The eCredits Ecosystem is supported by an independent organization, which allows for the decentralization of its decision-making and governance. This community-driven approach ensures the existence of the eCredits [Blockchain](https://www.coinbase.com/learn/crypto-basics/what-is-a-blockchain) and ECS, establishing the inherent stability of this system. #### How does eCredits work? eCredits operates on the eSync Network, a pioneering Layer 1 Blockchain that evolved from the former eCredits Blockchain. This network is meticulously designed to bridge the gap between the theoretical potential of [web3](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/web3) projects and practical application in the real world. The eSync platform, underpinned by the robust [Ethereum](https://www.coinbase.com/learn/crypto-basics/what-is-ethereum) Virtual Machine (EVM) framework, provides a fertile ground for innovation across various sectors. The eSync Network's native coin is eCredits (ECS), which is used for transactions within the ecosystem. #### What are the potential use cases for eCredits? eCredits aims to serve as an alternative payment method within large collectives, integrating into existing retailer structures. This makes it a potential tool for businesses seeking to adopt digital currency payments. Additionally, the eSync platform, which supports eCredits, seeks to foster innovation across various sectors. This suggests that eCredits could be used in a wide range of applications, from facilitating transactions in e-commerce to serving as a medium of exchange in other digital platforms. #### What is the history of eCredits? eCredits was introduced as part of the eCredits Ecosystem, which was rolled out by various partners. The eCredits Blockchain, which initially ran on the PoA [consensus mechanism](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/consensus-mechanism-protocol), evolved into the eSync Network, a Layer 1 Blockchain designed to bridge the gap between the theoretical potential of web3 projects and practical application in the real world. Over time, the eCredits Ecosystem has been supported by an independent organization, ensuring its decentralization and community-driven governance. The eCredits Whitepaper, which provides detailed information about the project, has undergone several updates, reflecting the ongoing development and evolution of the eCredits project.