Feathercoin shows heavyweight potential
A new currency based on litecoin has gained more traction in two weeks than its predecessor did in a year. Feathercoin lets cryptocurrency miners generate a new coin that's very similar to Litecoin, but with far less difficulty. For now, anyway. Both feathercoin and litecoin are designed to be mined through a different technique than bitcoin. Bitcoin uses the SHA-256 algorithm, whereas the other two use Scrypt, a password-based key derivation function. The biggest difference with Scrypt is that it is biased against FPGA and ASIC miners ... normally the heavyweight machines of the....
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Feathercoin. The Feathercoin price fell 15% this week. This price decline is a continuation of the steady downtrend Feathercoin has experienced since the Feathercoin price rose in anticipation of the altcoin's switch from the Scrypt algorithm to the ASIC-resistant (for now) NeoScrypt hashing algorithm. Also read: Feathercoin Price Rises Ahead of NeoScrypt Hard Fork. Feathercoin Price Continues to Decline. Since the pre-NeoScrypt spike in October, the Feathercoin price has steadily declined. However, the Feathercoin price had remained fairly steady at ~7,000 satoshis since mid-November. But....
Feathercoin is giving away $1000 worth of feathercoins as a thank you to its forum community of 1000. The announcement from the Oxford-based, open-source currency, comes after a period of intense interest in Feathercoin and many other digital currencies. "Feathercoin is making a big splash as it receives attention from hundreds of volunteers around the world who donate time and resources to the currency," said lead developer Peter Bushnell. "The official Feathercoin forum has exceeded 1,000 members and is preparing for an aggressive push into mainstream markets. In celebration the....
Several months ago, Feathercoin developer Pete Bushnell announced the coin would transition to the newly-developed NeoScrypt hashing algorithm, which is resistant to ASIC miners. On October 26, Feathercoin will undergo a hard fork to make the official transition. The Feathercoin price has increased in anticipation of the update. CCN analyzes this altcoin price movement. Also Read: Should I Purchase an ASIC Scrypt Miner? The Feathercoin Price Has Risen Almost 50%. Feathercoin released client 0.8.7.0 on October 13. The update includes the NeoScrypt hard fork, which will take place on October....
Peter Bushnell is the founder and creator of Feathercoin, one of the latest digital currencies. We talked with him to learn more about Feathercoin's origins and how to best mine the currency. While the origins of Bitcoin are shrouded in mystery, the founder of Feathercoin (FTC) says he likes transparency. Feathercoin is controlled from a house at the end of a terrace, in the sleepy Oxfordshire suburb of Arncott. The currency is the brainchild of Peter Bushnell, who until last month ran the IT department at Oxford University's Brasenose College. When he first joined the university, Bushnell....
UNOCS, the partnership designed to take several altcoins mainstream, has been dismantled after Feathercoin announced its departure from the scheme. The United Open Currencies Solutions project, originally announced just two months ago, met its end unexpectedly this weekend after one of the founding coins, Feathercoin, publicly announced that it had pulled out. This left the other two coins, Phenixcoin and Worldcoin, unable to continue with the project, said representatives. Feathercoin's new spokesperson, Chris Ellis, made the announcement at 4pm UK time via email, and in a post in the....