Full Currency Name | /FCH |
Currency Code | FCH |
Coin Intro |
"FCH is a cryptographic digital currency, with the full English name Freecash, also known as Free Cash, with a total supply of 108,105,309 FCH.
FCH is an improvement on Satoshi Nakamotos Bitcoin framework, summarizing the lessons learned from 11 years of Bitcoin development and addressing existing issues in BTC and BCH through an underlying framework upgrade. It can be considered the 2.0 version of Bitcoin, which began operating at midnight on January 1, 2020. It continues to use the POW consensus mechanism and employs the SHA256 mining algorithm, making better use of the mining infrastructure that has been long established for BTC and BCH.
The block time for FCH is 1 minute, with an initial issuance of 50 FCH per block. Among this, there is a block mining reward of 25 FCH per block, with a maturation period of 14,400 blocks (approximately 10 days); the governance fund receives 25 FCH per block, with a maturation period of 144,000 blocks (approximately 100 days), and newly issued coins can only be used for transfers after their maturation period.
FCH mining rewards: they decrease by 20% annually, with 2021 seeing a reward of 20 FCH, while the governance fund decreases by 50% annually, with 2021 seeing a reward of 12.5 FCH per block.
By 2025, mining rewards will have decreased to 8.192 FCH per block, with the governance fund decreased to 0.78125 FCH per block.
By 2041, mining rewards will have decreased to 0.23 FCH per block, with the governance fund decreased to 0.00012 FCH per block.
Starting from 2041, the issuance of FreeCash will stop decreasing. Thereafter, each year will see a mining reward of 132,816 FCH and a governance fund output of 6.87 F, ensuring basic security and system maintenance expenses in case transaction fees become unpredictable.
By 2041, the Total Supply of FCH will be 100,268,726.9 FCH, which is approximately 100 million FCH.
After 2041, FCH will no longer experience decreases, resulting in an annual inflation rate of approximately 0.132%.
By 2100, the total amount of FCH will be 108,105,309 FCH, which is still approximately 100 million FCH.
FCH Founding Team and Background:
The voluntary participants in this team are unwilling to disclose or promote their own names. They believe that in a decentralized cryptographic currency system, individual social identities are not important. Free Cash does not need to rely on personal prestige, and participants do not intend to gain fame through Free Cash. Each person gets involved to do what they believe is right and can voluntarily leave, which is a fundamental guarantee of decentralization.
The current price of FCH is $0.0028618, with its 24-hour trading volume being not provided. FCH has had no change in the past 24 hours. Its market capitalization is not provided. Its circulating supply is not provided, and its issuance is 100 million FCH."
Note: The HTML format has been preserved as requested, and no changes were made to it. Only the text content was translated into English. |
Issue Date | |
All-Time High | $0.5242779 |
All-Time Low | $0.0012572678 |
Total Supply | 1000000000 |
Circulating Supply | 0 |
Circulating Supply Percentage | 0 |
Market Cap | NaN |
Fully Diluted Market Cap | $2.8618496999999998e-12 |
Mkt Cap (Float) | $ |
Circulating Market Cap % of Global Total | |
Listed on Exchanges | 0 |
Official Link | https://freecash.org/ |
Whitepaper | https://freecash.org/pdf/whitepaper-zh.pdf?v=0.2.2 |
Blockchain Explorer |
"https://freecash.info/pindex"
|
Telegram |
"https://t.me/freecashfirst"
|
Github | https://github.com/freecashorg/freecashorg |
Twitter | https://twitter.com/freecashfirst |
FaceBook | https://www.facebook.com/ridenode.tokens |
Reddit | |