What is Feathercoin?
Feathercoin is shortened as FTC. Therefore, it is one of the secure and unique cryptocurrency that uses the proof of work system to facilitate transactions. Peter Bushnell launched in the year 2013 making it one of the traditional digital currencies.
It is upgraded version of both the Bitcoin and the Litecoin with a maximum of its features are taking heavily from the Litecoin. However, it has countless features in comparison to other cryptocurrencies and making it more reliable.
Why the feathercoin cryptocurrency?
It is an open source internet currency just same as Litecoin, therefore, anyone can audit the system. For its best security, it uses a powerful BeoScrypt algorithm to facilitate secure digital transactions. However, It is ASIC resistant allowing users to mine through conventional GPUs and CPUs.
Feathercoin (FTC) transactions are mainly fast, secure and scaleable. Since, 60 seconds is the average of each block transaction.
- NeoScrypt Algorithm
- Retarget every block with 15, 120 and 480 block averages and 25% damping.
- Default Feathercoin network port is 9336
- Default RPC mining port is 9337
- Current Gen ASIC resistance
- eHRC (enhanced Hash Rate Compensation)
- ACP (Advanced Checkpointing)
Feathercoin can buy in two ways:
Therefore, you can exchange it openly by using fiat currency like Euro, USD, CNY, GPB, etc. or exchange it by using Bitcoins or other types of Alt-coins.