What is Feathercoin and where does it stand?
Feathercoin (FTC) is one of the many altcoins that you can buy today, and although it might sound new to some, this digital currency has been around since 2013.
Feathercoin came out as an altcoin and, while on the surface it looks similar to bitcoin, it has been built using the NeoScrypt algorithm. It aims to offer several benefits compared to many other altcoins in the market today. As for now, a total of 336 million FTC can be produced.
Considerations around Feathercoin’s price
The spike in the value of FTC at the end of 2017 could be a positive sign, although past performance is not a predictor of future success. Feathercoin’s value could increase following the announcement of a new and improved 0.13 release. Several improvements evident in the new release include “Version Bits” block numbering and support for more soft forks may have given life to it on the charts.
The currency also remains in some of the most well-known exchanges such as Bittrex.
Feathercoin’s contribution to the cryptocurrency industry is its NeoScrypt algorithm, which aims to allow for faster processing and transaction confirmation. A Feathercoin block is created in just one minute, which is a lot faster than a bitcoin block that takes an average of 10 minutes to be created.
As of the time of this writing in February 2018, miners are rewarded with 40 FTC every time a block is created successfully. If you’re interested in buying FTC, you can look into buying it using other digital coins or fiat currency on any of these exchanges:
There are very small payment fees associated with Feathercoin transactions. This makes trading and shopping more affordable for customers and allows merchants to offer cost-effective solutions.
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Market rate for common transfer amounts FTC to USD
|Feathercoin (FTC)||US Dollars (USD)|