Review on Feathercoin by Toprak Dere
About district0x
Feathercoin is a robust, open source, decentralized and secure cryptocurrency. Feathercoin has numerous advanced technological improvements that have strengthened the blockchain network and made it stand out among other altcoins.
The consensus mechanism is based on the Proof of Work (PoW) concept. The Feathercoin network works on the NeoScrypt hash algorithm, making mining much easier and faster.
Feathercoin was quickly adopted by users shortly after its launch.
Although initially based on the same blockchain technology, improvements and improvements to the FTC's code make it a better choice for miners.
The NeoScrypt algorithm is ASIC resistant, which means that CPU and GPU miners still have a chance in cryptocurrencies.
Pros
- Secret Addresses: FTC wallet supports Secret Addresses, which means that completely anonymous transactions can be made, unlike BTC's public blockchain.
- NeoScrypt Algorithm - NeoScrypt Algorithm used for FTC is much more memory intensive processor. This is different from Bitcoin's SHA-256 algorithm, in which powerful computing machines called Application-Specific Integrated Circuit boards can be developed. It also facilitates easier difficulty levels, faster block times, leaner and more efficient blockchain mining.
- CPU and GPU mining
Cons
- not listed in most exchanges
