Bitcoin Free Cash: An ASIC-Resistant Cryptocurrency Based on CPoW Mining
The Bitcoin Free Cash whitepaper was released by the Bitcoin Free Cash core team in the first quarter of 2025, aiming to address the scalability and high cost issues faced by existing digital currencies in handling large-scale daily transactions.
The theme of the Bitcoin Free Cash whitepaper is “Bitcoin Free Cash: Building an Efficient and Inclusive Digital Payment Network”. What makes Bitcoin Free Cash unique is its adoption of innovative sidechain technology and layered architecture to achieve high throughput and instant settlement; its significance lies in providing a scalable, low-cost, and user-friendly alternative for global digital payments.
The original intention of Bitcoin Free Cash is to create a truly decentralized digital cash system suitable for everyday micro-payments. The core viewpoint stated in the Bitcoin Free Cash whitepaper is: by combining Bitcoin’s security model with a new consensus mechanism, it seeks to balance decentralization, security, and transaction efficiency, thereby enabling instant and extremely low-cost value transfer on a global scale.
Bitcoin Free Cash whitepaper summary
What is Bitcoin Free Cash
Bitcoin Free Cash (BFC) appears to be a cryptocurrency that is traded on some crypto exchanges (such as Bitget and CoinMarketCap). You can think of it as a digital currency, just like the cash we use in daily life, but it exists on the internet and is managed through blockchain technology.
It is mainly used for trading in the cryptocurrency market, such as earning profits through price differences, or obtaining some returns through “staking” and “lending”.
Technical Features
According to available information, Bitcoin Free Cash (BFC) adopts an algorithm called Cuckaroo29 Search and uses the CPoW (Consensus Proof of Work) mining mechanism. Simply put, this is the set of rules and methods it follows when “producing” this digital currency. It is said that this algorithm has “ASIC resistance”, which means it is harder to be monopolized by specialized and expensive mining equipment (ASIC miners), potentially allowing more ordinary people to participate in mining.
In addition, BFC introduces a “mortgage mechanism” aimed at limiting participation thresholds, reducing electricity monopolies, and increasing the income of ordinary miners. This can be understood as an attempt to make the mining process fairer and avoid the network being controlled by a few with large resources.
Tokenomics
Regarding BFC’s tokenomics, we have learned some basic data: its maximum supply is set at 21,000,000 BFC, which is the same as Bitcoin’s total supply. As of now, its circulating supply is about 3,744,200 BFC, and the total supply is about 6,894,200 BFC. These numbers reflect how much BFC is already in circulation in the market and the maximum amount that will ever exist.
The main uses of the token include arbitrage trading (earning the spread by buying low and selling high) and earning returns through staking or lending.
Common Risk Reminders
As with all cryptocurrency investments, Bitcoin Free Cash also carries risks. The cryptocurrency market is highly volatile, and BFC’s price has also declined in the past 7 days. This means its value may rise or fall rapidly, with high market risk. In addition, due to the lack of a detailed official whitepaper, the project’s transparency and future development direction may not be as clear as other projects with comprehensive documentation, which also increases investment uncertainty.
Please note: The above information is only a summary and interpretation of existing public information and does not constitute any investment advice. Cryptocurrency investment carries high risk. Please be sure to make decisions cautiously after fully understanding and assessing your own risk tolerance.
Project Summary
In summary, Bitcoin Free Cash (BFC) appears to be a cryptocurrency dedicated to providing a form of digital cash, and technically attempts to promote decentralization and fairness through specific mining algorithms and mortgage mechanisms. Its tokenomics sets the same maximum supply as Bitcoin and is mainly used for trading and earning returns. However, due to the lack of an official detailed whitepaper and comprehensive project information, key aspects such as its long-term vision, team background, governance structure, and detailed roadmap remain unclear. For anyone interested in BFC, it is strongly recommended to conduct more in-depth independent research and closely follow its future development and official information releases.
For more details, please research on your own.