PURPOSE

Concentratio

Focus on the Peer to Peer Electronic Cash. In the cryptoeconomic division of labor system, concentrate on common currency functions, and to build safe, stable, convenient and low-cost payment methods as well as the settlement channels.

Inheritance

Based on the underlying framework of Bitcoin. The system is based on the long-term inspection and evolution of the underlying framework of Bitcoin Cash to ensure the safe and stable operation of the system.

Evolution

Continuous improvement for new issues. Think of cryptocurrency as a socio-economic experiment, maintain an open attitude, keep research on new issues constantly, explore improving methods, and achieve continuous evolution.

Participance

Lower the threshold and provide incentives. With the help of Bitcoin and Bitcoin Cash infrastructure, participation is encouraged through different ways from the initiation of new chains, free forks, fund incentives, and popular science.

Efficiency

Improve the efficiency of evolution and decision making. With the help of governance funds and competitive centralized governance mechanisms, to realize the high efficient systematic revolution and governance, at the same time, as the overall decentralization.

Freedom

Achieve free collaboration and competition. Explore the path to the money of freedom through free collaboration and competition with the help of in-team collaboration, inter-team competition, and survival of the marketing fittest.

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PROCESS

  • In the controversy on Bitcoin scale expansion in early 2017, FreeCash initiator started to rethink about the challenges faced by Nakamoto's framework, began to consider how to improve the underlying framework to solve a series of problems in the development of centralization and public decision-making in decentralized communities.
  • In July 2017, a new project attempted to inherit Nakamoto's free peer-to-peer electronic cash aim, named FreeCash, also registered freecash.org and freecash.info domain names in July and August.
  • In April 2019, FreeCash had more than 20 voluntary contributors, and had the basic conditions for starting the project. The development of node programs, wallets, official websites,browsers, and mining pools was accelerated. It is scheduled to go online in August 2019.
  • On August 26, 2019, FreeCash beta was launched, enabling the official website freecash.org, the browser freecash.info, and the transaction sign website sign.cash.
  • On January 1, 2020, FreeCash mainnet was launched. Anomp supports FCH mining.
  • February 14,2020，Viabtc supports FCH mining.

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