Topic: [ANN] Freecash will be launched at 00:00 on January 1, 2020. - page 2. (Read 1333 times)

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

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?

He already stated it above on 2nd point.
We need more detailed information about how it is going to work, there are too many one sided claims from this thread.

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?

No such thing as Free Cash 

Scam, stupid project that will be gone in no time

so it's forked from bitcoin-abc ?

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.