Feathercoin (FTC)
From CryptoWiki
| Consensus mechanism | Proof-of-Work |
|---|---|
| Total supply | 336.000.000 |
Basics
- Date of trading launch: 3-5-2013
- Feathercoin started out as an upgraded version of Bitcoin, stemming from Litecoin and sharing the same decentralized cryptocurrency blockchain.
- Feathercoin is built on Bitcoin's open source software. In fact FTC was forked from Litecoin, so it's also safeguarded from the effects of ASIC mining. But even so, it does not compete with BTC or LTC, it complements them. What is else Feathercoin is interesting because of its advanced checkpointing, that allows to send out checkpoints without having to redistribute the Feathercoin software.
Specifications:
- Scrypt (128K,1,1)
- Proof of Work
- Block Time, sec: 150
- Reward, coins per block: 200
- Halfing reward cycle, blocks: 840000
- Difficulty cycle, blocks: 126
- Difficulty Info: Difficulty changes with 504 block sampling and .25 damping
