FCH (FREECASH) will be listed on Huobi Exchange on February 21

FCH (FREECASH) will be listed on Huobi Exchange on February 21

Dear Tiger User:

Huobi will launch the FCH/USDT trading pair at 14:00 (UTC+8) on February 21, 2020.

Deposits will be available at 12:00 (UTC+8) on February 21, 2020.

Withdrawals will be available at 11:00 (UTC+8) on February 25, 2020. You are welcome to experience it!

Project Introduction:

Freecash is an improvement on the Nakamoto framework. The underlying technology comes from BCH and BTC. It mainly improves the economic model and governance mechanism of the Nakamoto framework. It solves the problems of lack of incentives for developers, low governance efficiency, mining centralization, development centralization, and machine gun pools. It is a new exploration of peer-to-peer electronic cash.

Currency Introduction

Token name: FreeCash

English abbreviation: FCH

Total token issuance: 100 million

Official website: https://freecash.org/zh.html

Whitepaper: https://freecash.org/pdf/whitepaper-zh.pdf?v=0.2.2

Telegram: https://t.me/freecashfirst

Twitter: https://twitter.com/freecashfirst

Project highlights:

1. Schnorr signature is recognized as a more efficient and scalable signature algorithm than elliptic curve signature. BTC is expected to launch Schnorr signature in 2020. As a new chain, FreeCash will abandon elliptic curve signature and fully adopt Schnorr signature.

2. The current hardware conditions can transmit and verify blocks faster, so it can be shortened. Currently, Doge, Grin, etc. have adopted a 1-minute block time to provide a better user experience and stable operation. FreeCash has also adopted a 1-minute block time after testing.

3. The governance fund will be continuously generated from each block to solve the public funding needs, so there is no need for pre-mining or token crowdfunding (ICO). The governance fund generated by each block will more permanently guarantee the public governance funding needs.

4. Free Cash will issue a total of 100 million F from 0 in 20 years. Although it will stop decaying after 20 years, the annual issuance rate is only one thousandth of the stock, and the total amount after 80 years will only reach 108 million F. Therefore, it can be said that the total issuance of Free Cash is 100 million.

Thank you for your support of Hufu!

Tiger Team

February 18, 2020

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