Price change (24h):
0.00%
High (24h):
$
Low (24h):
$
Volume (24h):
$9.51
Market Cap:
$427.36K
All Time High:
99.88% $1.29
Nov 30, 2013
All Time Low:
1632% $0.00
Jan 27, 2026
44.66 %(1Y)
$0.00157123
Price change (24h):
0.00%
High (24h):
$
Low (24h):
$
Volume (24h):
$9.51
Market Cap:
$427.36K
All Time High:
99.88% $1.29
Nov 30, 2013
All Time Low:
1632% $0.00
Jan 27, 2026
Feathercoin (FTC or ₣) is an open-source cryptocurrency launched in 2013. It emerged as a direct fork of Litecoin, engineered to deliver a faster and more secure version of Bitcoin's monetary framework.
The protocol occupies the niche of a peer-to-peer digital cash system, explicitly designed to solve the centralization creeping into Bitcoin mining. By rejecting ASIC-dominated architectures, Feathercoin reshapes the playing field for individual miners using commodity hardware. Its codebase, derived from Litecoin, targets swift, low-cost payments without intermediaries.
The network operates on its own blockchain using proof-of-work. Miners expend computational effort to validate blocks, and the chain resolves conflicts deterministically. No central authority controls issuance or transaction approval.
Feathercoin employs the NeoScrypt hashing algorithm, a memory-hard function that inflates the cost of custom ASIC fabrication by roughly 25 percent compared to Scrypt. Block time sits at one minute, enabling quicker finality than many legacy chains. Mining software supports both CPUs and GPUs, deliberately shutting out ASIC rigs to preserve decentralization. Desktop and mobile wallets exist for Android, Linux, macOS, and Windows.
Peter Bushnell, then head of information technology at Brasenose College, Oxford, single-handedly coded the fork. In an early interview with Vitalik Buterin, Bushnell explained his drive: to realize the promise Litecoin left unfulfilled. Feathercoin’s genesis block was mined on 16 April 2013. Within a month, Bushnell abandoned his Oxford post, subsisting on Litecoin savings, as the coin rapidly pulled in a devoted user base.
The project’s enduring ambition is unglamorous but radical: to function as a genuinely decentralized everyday currency. It eschews the narrative of a store of value or a smart contract engine, focusing instead on censorship-resistant cash that communities can steer. That community ethos remains embedded in a development model with no corporate backer.
Mechanically, the token FTC serves as the sole native asset on its chain. Every transaction fee is denominated in FTC, burned or paid to miners. Block rewards, created ex nihilo with each one-minute block, incentivize miners to commit hash power. There is no staking, no governance token, no secondary utility—just the raw transactional base money.
A miner discovers a block and receives a coinbase reward, then can either hold or liquidate FTC on the open market. Users transact directly, wallet-to-wallet, relying on NeoScrypt’s memory hardness to keep the settlement layer resistant to industrial mining farms. Running a full node allows participants to independently verify the entire chain without trusting third parties.
Feathercoin has a maximum supply of 336,000,000 tokens. Currently, 271,988,998.07 are in circulation. With a market capitalization of $423,735.00, Feathercoin ranks #3,889 among all cryptocurrencies.
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