[Crypto projects](https://revain.org/projects/) › Feathercoin # Feathercoin (FTC): how it works, supply and reviews ## In short - **Type**: Own proof-of-work blockchain; an upgraded and customised version of Bitcoin. - **Maximum supply**: 336 million FTC. - **Risks and caveats**: feathercoin.com still links Feathercoin Core 0.19.1 downloads although 0.21.0 is the latest GitHub release. - **Checked**: 1 November 2026 ## Key facts - **Ticker**: FTC - **Official site**: [feathercoin.com](https://feathercoin.com/) Key facts checked on 1 November 2026 against official sources. ## What is Feathercoin Feathercoin (FTC) is an open-source proof-of-work cryptocurrency first released in April 2013. It produces a block every minute, is mined with the NeoScrypt algorithm and has a supply of 336 million coins. ## Network and consensus | Parameter | Details | |---|---| | Type | Own proof-of-work blockchain; an upgraded and customised version of Bitcoin. | | Consensus | Proof of work with NeoScrypt, which Feathercoin says can only be mined with graphics cards. | | Block time | One block every minute. | | Mining algorithm | NeoScrypt is a memory-intensive key derivation function used as the proof-of-work hash. | | Difficulty adjustment | Every block, using 15, 120 and 480 block averages with 25% damping. | | Launched | Initial release post on bitcointalk on 16 April 2013. | | Smart contracts | OmniFeather asset layer for user tokens on top of the Feathercoin chain. | ## Supply and issuance | Parameter | Details | |---|---| | Maximum supply | 336 million FTC. | | Issuance | The block reward is now 10 FTC (block 6,417,647 on 1 November 2026, a block with no transaction fees, paid 10 FTC); Feathercoin's About page still lists the original 40 FTC per block, which halves every 2,100,000 blocks. | | Halving | The block reward halves every 2,100,000 blocks. | ## What FTC is used for - FTC is the native coin of the Feathercoin chain, earned by GPU miners. - Feathercoin is aimed at small, fast payments with near-zero fees. ## Who develops and governs Feathercoin - **Founders**: Peter Bushnell posted the initial release; the site says the founder still develops it with an open-source community. - **Foundation**: Feathercoin Development Foundation, Zug, Switzerland, maintains wallets such as Electrum-FTC. - **Open source**: Feathercoin Core is released under the MIT license. - **Developer**: Electrum-FTC is developed by the Feathercoin Development Foundation. ## History | Date | Event | |---|---| | 16 April 2013 | Peter Bushnell posts the initial Feathercoin release on bitcointalk. | | 28 May 2024 | Electrum-FTC 4.4.6 is released, following upstream Electrum 4.4.6. | | 30 May 2026 | Feathercoin Core 0.21.0 rebases Feathercoin onto the Bitcoin Core 0.21.1 codebase. | | 1 November 2026 | The Feathercoin Blockbook explorer shows block 6417647. | ## Security and audits - Feathercoin uses Advanced (Automatic) Checkpointing: a checkpoint 5 blocks deep from the chain tip to protect against 51% attacks. - Release tags of Feathercoin Core 0.21.0 are signed with the maintainer's verified GPG signature on GitHub. ## Security incidents Incidents are reported by third parties (press, incident databases) but are not confirmed in the company’s own channels, so none is listed here. ## Risks and caveats - feathercoin.com still links Feathercoin Core 0.19.1 downloads although 0.21.0 is the latest GitHub release. - The GitHub README calls Feathercoin an experimental digital currency. - The site describes 51% attacks as a threat that checkpointing is meant to prevent. ## Official links - Website: [feathercoin.com](https://feathercoin.com/) - Source code: [github.com/FeatherCoin/Feathercoin](https://github.com/FeatherCoin/Feathercoin) - Block explorer: [explorer.feathercoin.com](http://explorer.feathercoin.com/) - Docs: [feathercoin.com/about](https://feathercoin.com/about/) - Governance forum: [forum.feathercoin.com](https://forum.feathercoin.com) ## Questions and answers **What is Feathercoin?** Feathercoin (FTC) is an open-source proof-of-work cryptocurrency first released in April 2013, with one-minute blocks and the GPU-mined NeoScrypt algorithm. **Who created Feathercoin?** Peter Bushnell posted the initial release on bitcointalk on 16 April 2013; the Feathercoin Development Foundation (Zug, Switzerland) maintains wallets. **What is the maximum supply of Feathercoin?** 336 million FTC. The About page lists an original 40 FTC block reward that halves every 2,100,000 blocks; a block on 1 November 2026 paid 10 FTC. **Is Feathercoin still active?** Yes: the explorer showed new blocks on 1 November 2026 and Feathercoin Core 0.21.0 was released on 30 May 2026. ## Sources - [Feathercoin - official website](https://feathercoin.com/) - [Feathercoin - About](https://feathercoin.com/about/) - [Feathercoin - API](https://feathercoin.com/feathercoin-api/) - [Feathercoin Blockbook explorer](http://explorer.feathercoin.com/) - [GitHub - Feathercoin releases](https://github.com/FeatherCoin/Feathercoin/releases) - [GitHub - Feathercoin repository](https://github.com/FeatherCoin/Feathercoin) - [GitHub - NeoScrypt](https://github.com/ghostlander/NeoScrypt) - [GitHub - Electrum-FTC releases](https://github.com/Feathercoin-Applications/electrum-ftc/releases) - [GitHub - Feathercoin Development Foundation](https://github.com/Feathercoin-Foundation) ## More in this section - [PIVX](https://revain.org/projects/pivx/) - [OAX](https://revain.org/projects/oax/) - [Emercoin (EMC)](https://revain.org/projects/emercoin/) - [Epic Cash (EPIC)](https://revain.org/projects/epic-cash/) - [Steem (STEEM)](https://revain.org/projects/steem/) - [Nerva (XNV)](https://revain.org/projects/nerva/) - [All Crypto projects →](https://revain.org/projects/) ## How voting works Votes are anonymous and carry no text. Each device has one vote per item; press the same button again to remove it. Cloudflare Turnstile checks that a person is voting. We keep a random device ID in a cookie and a salted hash of the IP address to limit abuse — no names, no accounts. Votes are visitors’ opinions, not investment advice. Page updated: 2026-11-01 --- Source: https://revain.org/projects/feathercoin/