What is FEATHERCOIN(FTC)?

Basic information about FTC

Coin name:

Feathercoin

Coin symbol:

Coin introduction:

Feathercoin (FTC or ₣) is an open source cryptocurrency, published under the license of MIT / X11.1, based on the Litecoin protocol. On 16 April 2013 Feathercoin successfully forked from Litecoin by the creation of its genesis block. As a cryptocurrency, creation and transfer of coins is based on an open source cryptographic protocol (the blockchain) and is not managed by any central authority. The hashing algorithm chosen for Feathercoin was the Proof-of-Work NeoScrypt, which had premiered on Phoenixcoin. NeoScrypt is 25% more memory intense, which makes it less feasible to create ASICs for it. The main programmer is Peter Bushnell, at the time running the information technology for the Brasenose College of Oxford University. He explained his motivation for developing the coin in an interview with Vitalik Buterin. One month after launching Feathercoin, Peter Bushnell left his job as head of IT at the Brasenose College of Oxford University and lived off his Litecoin savings. Feathercoin was launched on 16th April 2013 and as developed by Peter Bushnell. It was forked from Litecoin, with the aim of making Feathercoin what Litecoin was supposed to be: a faster, more secure, and stable version of Bitcoin. The consensus mechanism is based on the Proof of Work (PoW) concept. The Feathercoin network runs on the NeoScrypt hashing algorithm, making it much easier and faster to mine. Feathercoin enjoyed rapid adoption by users soon after its launch, gaining immense popularity, and establishing itself as a worthy contender in a BTC/LTC dominated market. Feathercoin can be mined using either processors (CPUs) or graphics cards (GPUs). Due to the hashing algorithm of FTC, it cannot be mined with an ASIC card. Mining software is available for download at their official site. Wallets for FTC can be found over at their official website, including both desktop and mobile wallets.. While the paper money you are used to carrying around is (or can be) stored in a physical wallet, cryptocurrencies, like all digital currencies, have to be stored in a software-based digital wallet. Although you will find links to feathercoin wallets throughout the web, the only safe way to know that you're downloading the latest and correct version is by scrolling to the bottom of the coin's official home page and selecting the button for your particular operating system. Feathercoin wallets are available for Android, Linux, macOS and Windows platforms.

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Current Price:

$0.001464More coin details

All-time high:

$1.29

All-time low:

$0.000090

FTC Supply Info and Tokenomics

Circulating supply:

271M

Total supply:

271M

Max supply:

336M

Market cap:

$398.365K

Fully diluted valuation:

$492.119K

What is the outlook and future value of FTC?

The current market cap of FTC is $398.365K, ranked 4815 in the market, showing that the market already recognizes the value of FTC. When a bull market arrives, the market cap of FTC may continue to grow.

Moreover, if FTC can play a greater role in real-world applications—such as if the Monero developers can fully empower FTC and establish partnerships with more business partners to expand its user base—then the long-term value of FTC will be further enhanced.

What is the price of FTC in 2027?

According to the historical price performance prediction model of FTC, the price of FTC is expected to reach $0.001537 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get FTC?

Purchasing FTC with cash is not the only way to obtain FTC. If you have enough time, you can get FTC for free.

Learn how to get Hot rewards for free with FTC.

Earn free FTC by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get FTC airdrops for free.

All crypto airdrops and rewards can be exchanged for FTC through LBank spot trading.

Buy FTC starting from $1

What is FTC used for and how to use it?

The use cases for FTC may grow with the development of the crypto market and project progress. Currently, you can use FTC to:

Arbitrage trading of FTC

FTC is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many FTC trading pairs to suit your needs.

Earn yield with FTC

You can also lend out FTC or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your FTC gains.

Send or pay with FTC

If you want to pay someone with FTC, you can easily and quickly send FTC to them using their receiving address.

You can also visit the official website of Feathercoin to learn more use cases of FTC, such as whether the Feathercoin project supports community/eco apps or buying physical or virtual goods with FTC.