Altcurrency exchange Crypto Street converts bitcoin, litecoin and feathercoin
Crypto St. is a new US digital currency exchange that recently launched into its beta testing phase. The exchange, based in Delaware, is the first of its kind in the US and is focusing its attention on supporting up and coming altcurrencies. While there are already altcurrency exchanges, such as Bulgaria-based BTC-e, Crypto St. is bullish about its chances. "People like and trust an American-based platform and that's presently what we offer for an altcoin exchange", said Shamoon Siddiqui, the company's founder and CEO, when we contacted him. In its current state, Crypto St. is supporting....
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Feathercoin, an altcurrency based on Litecoin, has today announced that it is opening an auction site to facilitate the trade of physical items between individuals paid for by Feathercoins. The site is at an early phase of development but already has 70 auctions ongoing. It also supports a feedback system so sellers can build a reputation, much like eBay. Feathercoin says that the site will soon implement a shopping cart and a range of merchant tools. Peter Bushnell, the founder of Feathercoin, told us that the service had been created to solve the problem of forum users trying to auction....
Saturday the 20th of July saw the first meetup for UK based cryptocurrency, Feathercoin, at the Oxford Blue pub in Oxford. CoinDesk was in attendance and took the pulse of what's happening with the altcurrency. Feathercoin's 51% Attack Explained. Peter Bushnell, Feathercoin's creator, expanded on the technical details of how last month's 51% attack was dealt with, and explained a new checkpointing system which is going to be released. "Feathercoin's upcoming Advanced checkpointing will be used to stop attackers from orphaning genuine blocks. Checkpoints are used to make sure that clients....
Feathercoin, the new Scrypt-based coin based on Litecoin, suffered a widespread attack over the weekend, leaving its founder scrabbling for fixes. The method for the assault was a 51-percent attack, which occurs when someone gains enough hash rate to create his or her own blockchain. This gives the attacker the ability to bring the authority of the original blockchain into question, and creates "orphan" blocks in that blockchain. It was the latest in a series of attacks against the coin, said Peter Bushnell, the UK-based founder of the altcurrency - but this one was different. "I saw this....
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....
A new altcurrency partnership has just been announced. The United Open Currency Solutions (UNOCS) group consists of Feathercoin (FTC), Phenixcoin (PXC) and WorldCoin (WDC). The three currencies intend to merge their development teams while keeping the three currencies separate. The UNOCS website, has a nine day countdown, indicating there'll be more to find out then. The three coins are planning to form a complementary set as they have each been created with distinct focuses. For example, Feathercoin aspires to be a cryptocurrency for consumers. This was demonstrated by the Feathercoin....