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.
Where is Feathercoin available for purchase?
You can exchange FTC tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Feathercoin is Freiexchange, notably the FTC/BTC pair, which saw a trading volume of $ 18.98 in the past day. Additionally, Komodo Wallet is popular alternative for trading tokens.
What is the highest value Feathercoin (FTC) has ever reached?
Feathercoin (FTC) reached its peak price at 1.29 $ on 30 November 2013, approximately 12 years ago ago. Presently, the current price is -99.79% lower than this all-time high.
What is the historical minimum price for Feathercoin (FTC)?
The minimum price reached for Feathercoin (FTC) was 0.000426 $, documented on 08 July 2025, more than a month ago. In comparison, the current price is 524.32%, it above this historical low.
What is the fully diluted valuation of Feathercoin (FTC)?
The fully diluted valuation (FDV) of Feathercoin (FTC) stands at $ 986,597. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 336,000,000 FTC tokens. The realization of this FDV might take several years depending on the emission schedule of FTC tokens.