FeatherCoin surged 51% over the last day.
FeatherCoin has been trading at 2.455E-05 Bitcoins or about 2,455 Pandacoins.
Feathercoin is based on Litecoin, which is safeguarded from the effects of Bitcoin ASIC mining until now. It has a block reward of 200 coins and will have a total of 336 million coins. The start block reward was 80 coins and halves every 840,000 blocks. The coin has 336 million as a hard cap and the block target is 1 minute - difficulty is damped at 25%. Feathercoin is a UK Oxford based initiative and as such has a following locally with some merchants accepting the currency. The website also has its own shop where you can post and sell goods for FTC - or Feathercoins.
FeatherCoin is traded on BitTrex, Cryptopia and BXinth cryptocurrency markets.
What are your thoughts about FeatherCoin and its recent price rise?
Please put your thoughts on FeatherCoin in the comments below.
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