Feathercoin secures its block chain with advanced checkpointing
Feathercoin has announced advanced checkpointing in its block chain to protect against 51% attacks. The advanced checkpointing (ACP) feature will remove the need for changes to client software by publishing a feed of checkpoints, via a central node. Checkpointing is a lesser known part of cryptocurrencies. It's a way to maintain the integrity of the block chain by recording blocks out of it. In bitcoin, checkpoints are stored in the code of the client. This enables it to verify its checkpoints against the copy of the block chain it has downloaded, ensuring that block chain has not been....
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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 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....