[ANN] Freecash will be launched at 00:00 on January 1, 2020.

[changyong75]

Freecash (FCH), a cryptocurrency test system based on Bitcoin Cash (BCH) and Bitcoin (BTC) technology, will be officially launched at 00:00 on January 1, 2020.

 Website: Freecash.org
 Browser: Freecash.info
 Mining pool: fch.zenpool.io
 Github: https://github.com/freecashorg/freecash/

The positioning of Freecash is: an experimental system to learn and explore the principles, technologies, governance and evolution models of public cryptocurrencies.

There are three main purposes for launching Freecash:

1.   As a BCH learning experiment system.  Its technical characteristics are similar to BCH and BTC, and it can be used by beginners and developers to experiment with new ideas in order to enter the BCH or BTC field safely and at lower cost.

2.   Explore solutions to BCH governance issues.  BTC's development and governance tended to be centralized around the scaling war.  BCH is currently highly decentralized, but it also faces the problem of inefficient community governance. FCH focuses on exploring an effective governance model for a decentralized cryptocurrency community.

3.   Explore the way of the evolution of cryptocurrencies.  Public cryptocurrencies, as a new money form, need to evolve for a long time, and currently lack a mature evolution model. The scaling war of bitcoin and the birth of BCH are very costly. FCH attempts to explore a more open evolution model for public cryptocurrencies.

Freecash originates from the scaling war of bitcoin and the evolution of Bitcoin Cash (BCH). It inherits the code, the goal of peer-to-peer electronic cash, and the evolution path of free evolution. It was an extension of the cryptocurrency experiment which was carried out by Satoshi Nakamoto, the early BTC community, and the BCH community.

Freecash will conduct experiments on some hard issues BCH face， such as developer incentives, community governance models, shortening block time, and 25 consecutive unconfirmed transfer limits. These may provide BCH with successful experiences or failed lessons to help BCH mature.

Freecash has two core features:

1.   Set up public governance funds.  That is, a public governance fund is directly generated in coinbase, which is used to motivate developers and public governance in the community.

2.   Support harmonious bifurcation evolution.  Encourage forks to try different market directions under the same mining algorithm and maintain community harmony.

Freecash is suitable as an introductory experiment for beginners and as a testing ground for developers. It is not suitable for investment and speculation. Anyone who wants to learn and develop cryptocurrency and more crypto applications is welcome to participate.

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[keseoma]

so it's forked from bitcoin-abc ?

[podpod]

No such thing as Free Cash 

Scam, stupid project that will be gone in no time

[tippytoes]

Why use BCH as the experimental system? Do you think it is worth it to resolve issues of BCH? Why not bitcoin, where there are more users than BCH? And about the public governance funds, who has the full control of it? Someone at least is managing it, right?

[Javi_Anibarro]

Why use BCH as the experimental system? Do you think it is worth it to resolve issues of BCH? Why not bitcoin, where there are more users than BCH? And about the public governance funds, who has the full control of it? Someone at least is managing it, right?

He already stated it above on 2nd point.

2.   Explore solutions to BCH governance issues.  BTC's development and governance tended to be centralized around the scaling war.  BCH is currently highly decentralized, but it also faces the problem of inefficient community governance. FCH focuses on exploring an effective governance model for a decentralized cryptocurrency community.

We need more detailed information about how it is going to work, there are too many one sided claims from this thread.

[Bowtiesarecool]

So, this is strictly a project for learning and trying out new stuffs in the space rather than the usual claiming of scaling Mt. Everest and not making it over the mole hill in the garden.

Refreshing to see an OP that calls their product exactly as it is. Question's how long will this "testing and experimentation" phase take?

[AmoreJaz]

So, this is strictly a project for learning and trying out new stuffs in the space rather than the usual claiming of scaling Mt. Everest and not making it over the mole hill in the garden.

Refreshing to see an OP that calls their product exactly as it is. Question's how long will this "testing and experimentation" phase take?

testing and experimentation? while trying to sell their coins once listed. though they have no premine but they can sell whatever they are now accumulating once it hits in trading.

they have to review also their website for minor typo errors... and to add, i dont see anything innovative on this project??? and the dev already said - it is not suitable for investment and speculation, so better not buy this coin once they are in exchanges. lol

[notblox1]

Why would anyone use this fake freecash when there is testnet for Bitcoin where people can experiment and do some testing?
No reason whatsoever
 

[sockpuppet1911]

Why would anyone use this fake freecash when there is testnet for Bitcoin where people can experiment and do some testing?
No reason whatsoever
 

No one would. This is just another fork cashout, i thought that these would be over now but i guess someone will list and buy this too and forkers can have their pizza money.

[podpod]

Everyone trying to make a quick BTC income.

It will soon end as we can see the alt market is full of crap and slowly they all fading away

[Fengliuzuijunzi]

[fch]
According to the white paper it takes 10 days to get matured, which means it takes few days for mining pool to pay for your coins after you joined them, please mine with your trust pools or you can set up private pool by yourself which is also the safest way.

Website:
Freecash.org

FCH browser:
Freecash.info

Mining pool 1 set up by developers:
fch.zenpool.io

ASICs port configuration for Zenpool:
122.112.185.106:3032

Mining pool 2 set up by volunteer participant in FCH community:
http://anomp.com:8088/

Please check out pool configuration and connection ports bellow:
http://anomp.com:8088/getting_started/fch

Password: x or FCH or c=FCH,d=difficulty  ex. the least difficulty required 10000 then c=FCH,d=10000

Newest Wallet download:
https://download.sign.cash/freecash-1.0.3-win64.zip

Add nodes manually if the wallet info doesn't synchronize
addnode=39.104.93.114
addnode=121.36.141.190
addnode=203.104.37.185
addnode=39.104.79.176
addnode=121.36.141.190

Find "bin" in the downloaded file and Click freecash-qt.exe to start running the wallet

FCH talk forum:
http://bbs.cash

For more informations, please refer to http://bbs.cash/category/7/mining-挖矿

[MoparMiningLLC]

I am not planning on mining this coin but I do find it curious that the block reward is 50 FCH yet if you look at ViaBTC's block rewards - they are awarding only 25 FCH to the miners. Check each block on their explorer and you will see that 25 FCH of every block found is going to https://freecash.info/address?address=FTqiqAyXHnK7uDTXzMap3acvqADK4ZGzts which has 1.5 million FCH in balance.

this holds true for blocks found by ViaBTC and by any other pool

ViaBTC block:
https://freecash.info/block?height=63484

unknown pool:
https://freecash.info/block?height=63483

why is half the block reward being sent to FTqiqAyXHnK7uDTXzMap3acvqADK4ZGzts ? I see nothing that states only half the block rewards would be issued to miners.

I assume this is the FCH dev wallet based on the 1mil balance.

In their white paper, they do state something about reducing block rewards by 20% each year for 20 years starting with the first years reward of "25F" however, their block explorer shows the reward as "50F"

So, unless I am mistaken, something is not quite right with that, or no?


----edit----

after re-reading their white paper, even though it does not specify directly I believe the split off of the block reward is for the governance fund. If so, that explains the splitting of the block reward.

[toogoody]

Freecash was added to https://miningpoolstats.stream/freecash

[RoomanSr]

FreeCash now Mining on:
Coins 4 U Pool

All coins less than 0.76% fees
Server Location USA, East Coast

Private Dedicated - Xeon 6 core processor with 24meg memory, for faster service.
Payout every 2 hours.


Stratum Server

Code:

stratum+tcp://coins4u.cc:3333 -u FreeCashAdDrEsS -p c=FCH 

http://coins4u.cc

[cryptofarmer]

FreeCash now available on:
Mining-Dutch Pools

website:
https://www.mining-dutch.nl/
Stratum:
stratum+tcp://sha256.mining-dutch.nl:9996

Payout:
PPS every 15 minutes,
PROP / SOLO / PARTY
Payouts and AutoExchange to any currency we have,

Mining modes:
We offer the following modes that are all completely isolated from each other.
1. Multiport (can also be mined Solo / Party )
2. Normal Pooled + Custom sets
3. Solo + Custom sets
4. Party + Custom sets

Peers list:
addnode=121.36.141.190:8333
addnode=129.226.74.100:8333
addnode=159.138.103.12:8333
addnode=192.158.238.55:8333
addnode=39.104.140.182:8333
addnode=47.91.249.12:8333
addnode=47.108.195.106:8333
addnode=47.52.197.81:8333
addnode=37.187.226.185:55853

[peysab]

FreeCash now available on:
PERSIANMINE

website:
https://persianmine.com/pool/en/#fch

Stratum:
Asic Mining:  stratum+tcp://persianmine.com:55555
Nicehash Mining: stratum+tcp://eu.persianmine.com:55556

Payout:
PPLNS every 20 minutes,
Fee: Only 0.2%

[takagari]

Not sure on this one.
I have been mining for a bit, but their telegram is lifeless, just spammers with no response from admin/mods


Gonna say this coin looks to be a flop before it started

[Fengliuzuijunzi]

Since FreeCash was launched at January 1, it has developed very fast with a lot of functions applied, however the developer team did not have enough time and resources to promote the international community and pass the information to the English users in the rapid growth.

But the good news is FreeCash Translation team has translated all the papers from the original FCH Chinese forum to English, and the first English community was created in Reddit on March 28, the translated papers would be released on Reddit very soon.

Welcome all to Reddit r/FCH to get the newest information of FCH

https://www.reddit.com/r/FCH/

[Blockmunch]

http://blockmasters.co

We've added FreeCash to our multi-pool @ http://BlockMasters.co! Only 0.25% Fee's!

Choose your payout style.  We pay out in this coin, BTC, LTC, and any coin we currently have listed on the pool!

Example Config is Below for FreeCash Pay:

Code:

-a sha256 -o stratum+tcp://blockmasters.co:3333 -u F9XgiutRVeyT2biBoPLQg18dQBJDFMBuGK -p c=FCH 

To mine only this coin use mc=FCH.  You can also only mine this coin and get paid in another coin by using c=BTC,mc=FCH as your password.

Code:

-a sha256 -o stratum+tcp://blockmasters.co:3333 -u 1JFx3fE462vMsTeYkNK5yvdWeg2wpmxvBD -p c=FCH,mc=FCH

Example Config Below to mine FreeCash & convert into BTC

Code:

-a sha256 -o stratum+tcp://blockmasters.co:3333 -u 1JFx3fE462vMsTeYkNK5yvdWeg2wpmxvBD -p c=BTC 

We also allow party & solo mining!  Please add m=SOLO or m=PARTY.partypassword to your password in your config file!

Join our discord at https://discordapp.com/invite/RNnVAB4

[Fengliuzuijunzi]

Happy New Year everybody!

Since Jan 1st of last year, FreeCash has been launched for over a year. 2020 was a very different and tough year with the pandemic, social distancing and severe political situations that some people might have had to suffer from the illness and separation from family and friends. FreeCash had also faced some severe challenges like all the other newcomers, we were constantly being questioned and doubted, and we have also faced systemic risks and were being attacked. However, we were committed to trying new ideas and never gave up to solve all the problems. Now we are proudly announcing that after a year, FreeCash has became much stronger and more faithful with brand new ideas and plans, let us review the past and look forward to the future.

Memorabilia
2017 
During the controversial of bitcoin scaling issues at the beginning of 2017, the initiator of FreeCash started to think of the challenges that Satoshi’s framework had been facing. He started to consider about how to improve the bottom framework to solve the problems that were caused by centralization of development and the lack of governance in the decentralized community.

In June of 2017, the initiator of FreeCash has cleared the improvement direction of the framework, but considering the feasibility of changing the protocol framework on Bitcoin, he decided to start a new project to put the experiment on with the other two initiators.

2019
August 26, 2019 FreeCash Beta started running along with freecash.org, the browser freecash.info, and the transaction signing wenbsite sign.cash.
November 27, 2019 the mining pool fch.zenpool.io Beta started running.

2020
On the very first day of 2020, FreeCash mainnet has launched.

In February, the browser ifblock.io, the faucet freecash.vip, and the mining pool hashpool launched. Also, the Chinese mining info website Wabi has collected FCH in their website, and Viabtc also started to support it.

On February 4th, FreeCash published its first standard protocol.

On February 19th, ConinEx listed FCH trading pairs.

On March 5th, CID started to register.

On March 25th, FCH community robot has launched, named “FCH小可爱”

On April 4th, it has finished the first Contribution Assessment.

On April 10th, FreeCash ecosystem collaborative platform D-Planet had launched the first public beta version.

On May 31st, the CoinDay rewards started to apply for.

On May 31st, the first offline meetup was held in Chengdu.

On August 3rd, FreeCash cash system is expanding to Free Consensus ecosystem.

On August 14th, FCH participated The Summer Conference of Cryptocurrency mainly held by the Shenzhen Media Group and Bzone, which is the first big event FCH joined and sponsored.

On September 5th, IFswap launched the FCH/USDT trading pair and started the liquid harvest.

On November 10th, the first on-chain exam was held on FreeCash.

On November 11th, the knowledge base write.cash launched.

See more: https://twitter.com/freecashfirst/status/1347902451601457157

Also check out what we have planned for 2021 https://twitter.com/freecashfirst/status/1347450995966529538