Tuesday, July 23, 2013

FeatherCoin - New Litecoin based coin

FeatherCoin is a fork of Litecoin using its latest build.


I am a supporter of Litecoin and will be following Litecoin’s patches and releases. The Litecoin team is currently working on a newer release and this project will move with them.



One of Litecoin’s biggest advantages is the Scrypt-based hashing algorithm. This offers a different solution to Bitcoin, while still being able to run on GPUs. There are many Bitcoin forks using the original hashing algorithm, but with the advent of ASIC mining hardware, we are starting to see how much trouble they can cause. ASIC mining hardware is expensive, but outperforms GPU hardware and will eventually make GPU Bitcoin mining redundant.  Scrypt based crypto currency is safe guarded from the effects of ASIC mining.


Feathercoin has a block reward of 200 coins and will have a total of 336 million coins. This makes it four times that of LiteCoin, this is the same position that LiteCoin was set against BitCoin.



Default port is 9336 – Forwarding this port can help if you have connection problems

Default RPC port is 9337 – This is the port is point your miners towards if solo mining

2.5 minutes block target

504 blocks to retarget difficulty

41.4% maximum change on difficulty retarget

Block reward halves every 840,000 blocks


Downloads
Downloads on the Feathercoin home page


Official Website
FeatherCoin Website


Official Forum
FeatherCoin Forum


Feathercoin Android App
Android Feathercoin Wallet


Exchanges
BTC-e
Vircurex
Cryptonit
X-BTC
Bter



P2Pool – Mining Pool
FeatherCoin Pool


Explorer
CryptoCoinExplorer


Tools
Mining Calculator
Network statistics



FeatherCoin - New Litecoin based coin

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