Feathercoin is a cryptocurrency that is actively developed and open source. It was designed to be lightweight, hence the name Feathercoin. Its faster block processing, with one block processed every minute, and the supply of 336 million coins make it suitable for featherlight payments.
The History of Feathercoin
The coin has been around since April 16th, 2013, and has proven the test of time as one of the oldest Altcoins. Its founder and a small but strong open-source community are actively developing the project.
Feathercoin is an upgraded and customized version of Bitcoin, with access to two wallets (FeathercoinCore and Electrum) that work exactly like Bitcoin but with faster block processing. Feathercoin also has various mobile wallets and block explorers to support it.
Features of Feathercoin
The wallets are simple and secure, always up to date with Bitcoin Core releases, and mobile wallets enable users to spend and receive FTC on the go. Additionally, there is a helpful community to assist with any questions.
Feathercoin offers fast, global, and near-zero payment fees. Transactions are instant with one-minute block times.
Feathercoin’s asset layer runs on top of its blockchain, allowing user tokens to be created, sent, and received. It is the same technology that launched Tether and MaidSafe on Bitcoin. Feathercoin also uses Automatic Checkpointing (ACP) to prevent 51% of attacks. ACP creates a new checkpoint 5 blocks deep from the chain tip, protecting the history of the Feathercoin blockchain.
Feathercoin’s proof of work mining algorithm, NeoScrypt, can only be mined with graphics cards. That makes Feathercoin mining possible for enthusiasts all over the world, enabling Feathercoin to be more decentralized. The Feathercoin ecosystem consists of various applications ranging from infrastructure software to desktop wallets, mobile wallets, and merchant software to accept Feathercoin as a payment.
Feathercoin Core is the most used full-node software, validating and storing the full blockchain, providing the highest possible security and privacy. It’s intended for power users with technical knowledge.
OmniFeather is an asset Layer that allows the creation of fixed or managed tokens on top of the Feathercoin blockchain, while Libbitcoin Server is a full Feathercoin, Bitcoin & Litecoin, peer-to-peer node including a high-performance blockchain query server.
Electrum-FTC is a lightweight Feathercoin wallet for desktop computers, storing only transactions relevant to the wallet users. With built-in support for hardware wallets,
It is the go-to wallet for securely storing bigger amounts of Feathercoin. Edge is the leading multi-currency mobile wallet, while Gemmer is a multi-currency mobile wallet that uses the ElectrumX server infrastructure.
Once you have a wallet for storing Feathercoin, you can register at an exchange and start buying and trading Feathercoin through various websites.
Summary
Feathercoin is a lightweight and actively developed open-source cryptocurrency. Its faster block processing and supply of 336 million coins make it ideal for quick transactions. Feathercoin also uses Automatic Checkpointing (ACP) to prevent 51% of attacks and offers a proof-of-work mining algorithm that can only be mined with graphics cards. The ecosystem includes various applications such as desktop and mobile wallets, merchant software, and infrastructure software
