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Mohammad Shuja photo
Lahore, Pakistan.
1 Level
135 Review
31 Karma

Review on Feathercoin by Mohammad Shuja

Revainrating 3 out of 5

My thoughts and review about Feathercoin.

In order to build on Litecoin's efforts to be a more efficient and lightweight version of Bitcoin, the Feathercoin blockchain was developed. As a result, it makes extensive use of cutting-edge technology in order to provide a stable and robust network. It is a cryptocurrency that is solid, open-source, decentralized, and secure in nature. Its blockchain technology is distinguished from other cryptocurrencies by the features that are unique to it.



Despite the fact that its code is built on the same blockchain technology as Bitcoin, the FTC has been made more attractive to miners as a result of the changes and additions that have been made to the code over time. In addition, the ASIC-resistant architecture means that miners that rely on CPUs and GPUs have a better chance of competing in the market. As a result, mining farms with large and costly ASIC rigs will not be able to fully control the market, as Bitcoin now does. It is possible to carry out a 51 percent assault on the Federal Trade Commission blockchain, and the ACP, or advanced check-pointing mechanism, which is a known weakness in the Bitcoin network, would be triggered. Bitcoin, according to its creator, has grown much too large for its own good, with the bulk of Bitcoin updates, including those to the basic client or underlying technology, meeting with strong resistance from the Bitcoin community owing to the cryptocurrency's unpredictability and instability. However, it is a more adaptable and dynamic cryptocurrency than Bitcoin. Some people have a difficult time getting interested in Bitcoin, just like they did with Feathercoin, but we're still in the early stages of our growth and want to be open to new people and ideas in the future, so please be patient. As a result of these difficulties, the Bitcoin network has developed, and it now seems to be stronger than Bitcoin itself.



As a result of Feathercoin's disappointing performance during the last half-decade, you may wish to avoid investing in it entirely. It does, however, benefit from major technical advancements, as well as from a vibrant development community and a strong, compact, and reliable blockchain networking infrastructure. However, it seems that this has not been sufficient for the cryptocurrency industry. Apparently, investors see these kinds of characteristics, and maybe even more, in other cryptocurrencies, and that is where all of the money has been put up to this point.

Pros
  • Transactions that are entirely secure.
  • Efficient and effective block mining.
Cons
  • Highly undervalued.
  • Quite unknown.