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View ChartFeathercoin (FTC) is an open-source cryptocurrency launched in 2013 by founder Peter Bushnell. It is a fork of the Bitcoin Core project, built on the Litecoin protocol, and is designed to be "lighter than light" for fast, low-cost payments. The network processes one block every minute, enabling quick transaction settlement. Feathercoin uses the NeoScrypt proof-of-work mining algorithm, which is GPU-friendly and supports broader decentralization among hobby miners. The project has a maximum supply of 336,000,000 FTC, with approximately 236,600,238 FTC in circulation. As one of the oldest altcoins, Feathercoin has maintained over a decade of continuous development supported by its founder and a dedicated open-source community.
Feathercoin was created by Peter Bushnell, who serves as Founder and Lead Developer. The initial blog post announcing the release of Feathercoin on bitcointalk dates back to April 16, 2013. The project is supported by a team of independent contributors. Wolfgang Bremer contributes to Research & Development. Oliver Ziegler works on Development & Infrastructure. Ludovic Duvetter handles Community & Marketing. David Walton contributes to Development & Infrastructure. The project continues to be actively developed by its founder and a small but strong open-source community.
Feathercoin operates as a peer-to-peer blockchain network using the Bitcoin Core protocols with its own customized parameters. It is a cryptographic-based currency that runs on a decentralized network of nodes. The network uses the NeoScrypt proof-of-work algorithm, which can only be mined with graphics cards, making it accessible to hobby miners worldwide. Feathercoin implements Automatic Checkpointing (ACP), which creates a new checkpoint 5 blocks deep from the chain tip to prevent 51% attacks and protect blockchain history. The protocol also includes enhanced Hash Rate Compensation (eHRC), SegWit, CLTV, CSV, and Lightning protocol support. With one-minute block times, transactions achieve fast settlement. The OmniLayer asset layer runs on top of the Feathercoin blockchain, allowing users to create, send, and receive tokens.
Feathercoin distinguishes itself through its over 10-year heritage as one of the oldest altcoins, having proven the test of time. It is positioned as an upgraded and customized version of Bitcoin with faster block processing. The coin is designed for featherlight payments with near-zero fees and one-minute settlement. Its NeoScrypt mining algorithm is hobbyminer friendly, promoting decentralization by allowing enthusiasts to mine with graphics cards. Automatic Checkpointing provides security against 51% attacks. The OmniLayer integration enables token creation and a decentralized exchange on the Feathercoin blockchain, the same technology that launched Tether and MaidSafe on Bitcoin. Feathercoin wallets are kept up to date with Bitcoin Core releases, ensuring security and compatibility.
Feathercoin is primarily used for fast, low-cost global payments. Merchants can accept FTC without passing network costs to customers due to near-zero payment fees. The one-minute block time enables instant transaction settlement, making it suitable for everyday payments. Users can generate FTC through mining. The OmniLayer for Feathercoin (OmniFeather) allows users to create fixed or managed tokens on top of the Feathercoin blockchain, defining token properties such as divisibility, total supply, name, category, and URL. OmniFeather includes a decentralized exchange that allows trading of tokens for Feathercoins. The BTCPay merchant software enables businesses to accept Feathercoin as payment. Mobile wallets allow users to spend and receive FTC on the go.
The Feathercoin ecosystem consists of various applications ranging from infrastructure software to wallets and merchant tools. Feathercoin Core Node is the most used full node software, available for Windows, Mac, and Linux, validating and storing the full blockchain for maximum security and privacy. OmniFeather provides an asset layer for token creation and a decentralized exchange. Libbitcoin Server is a full Feathercoin, Bitcoin, and Litecoin peer-to-peer node with a high-performance blockchain query server built using cross-platform C++ libraries. ElectrumX Server, fx, and feathercore provide additional infrastructure. Electrum serves as a desktop wallet, while Edge is a mobile wallet. BTCPay enables merchants to accept Feathercoin payments. Development is organized across multiple GitHub organizations including Feathercoin Organisation, Omni Organisation, Feathercoin Development Foundation Organisation, and Libbitcoin Organisation.
Feathercoin uses the NeoScrypt proof-of-work mining algorithm, which can only be mined with graphics cards. This GPU-only requirement makes Feathercoin mining accessible to enthusiasts worldwide, enabling greater decentralization and making it hobbyminer friendly. Miners can participate in mining pools to combine computational resources and increase the likelihood of earning block rewards. A mining profitability calculator is available at whattomine.com for the FTC NeoScrypt algorithm. Users are able to generate FTC through the process of mining. The one-minute block time means miners have frequent opportunities to earn rewards. Mining pools are referenced through whattomine.com.
Feathercoin offers simple and secure wallets that are always up to date with Bitcoin Core releases. Two main wallet options are available: FeathercoinCore and Electrum. FeathercoinCore is the full node software that validates and stores the full blockchain, providing the highest possible security and privacy for power users with technical knowledge. Electrum is a desktop wallet option. Edge serves as a mobile wallet, allowing users to spend and receive FTC on the go. As with all cryptocurrencies, users should download wallets only from official sources, keep private keys secure, and consider using hardware wallets for significant holdings. The Feathercoin community provides support for users who need assistance with wallet setup and security practices.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for FTC are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Feathercoin (FTC) is C$0.002424. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated FTC to USD rate at the top of BTCC’s price page. In terms of market scope, Feathercoin records a 24h trading volume of C$0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$573.475396K. Its current circulating supply stands at 236.6M out of a maximum supply cap of 336M.
The price volatility of Feathercoin (FTC) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (236.6M) to max supply (336M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Feathercoin (FTC) hit an all-time high (ATH) of C$2.07618 on 2013-11-29 17:30, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.000709 on 2023-12-03 15:45. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading FTC futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s FTCUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Feathercoin, simply log into your BTCC account with USDT margin available, navigate to the FTCUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for FTCUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.002424), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for FTCUSDT with zero financial risk.
Trading Feathercoin (FTC) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for FTCUSDT, and review its live price (C$0.002424) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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