Feathercoin blockchain wiki
Feathercoin was conceived as a coin that is lighter than light, hence the featherlight name. The coin takes its lightness and suitability for featherlight payments from its faster block processing one block every minute and the supply of million coins of which about m are currently in circulation. The initial blog post from Peter Bushnell about the release of Feathercoin on bitcointalk dates back to April 16th, Feathercoin, as one of the oldest Altcoins, has proven the test of time. It is also still being actively developed by its founder and a small but strong open-source community contributing to the project. Feathercoin is an upgraded and customized version of Bitcoin.
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- List of address prefixes
- Kin (Token)
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- Cryptocurrency standards
- The Leader for Cryptocurrency Tracking and Tax Reporting
- The Compliance Solution for Crypto Asset Regulation
- Feathercoin
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List of address prefixes
Over the past several years, public interest in cryptocurrencies has fluctuated dramatically. It has garnered attention from investors, whose interest in cryptocurrency has surged as it has aged. The main focus of this interest has been Bitcoin, which has become synonymous with creating cryptocurrency millionaires and increasing people's digital wealth. Since Bitcoin was founded, hundreds of other cryptocurrencies have been forked from it or been created. Litecoin LTC , a Bitcoin fork, is one of these altcoins—the term for cryptocurrencies that are not Bitcoin.
While Litecoin is based on the same underlying blockchain and verification method as Bitcoin, several key differences might help you decide which is right for your interests and goals.
Bitcoin was the first cryptocurrency to be introduced in Since then, it has evolved from a novelty into a controversial commodity, investment, and exchangeable currency. It relies on decentralized and community computing power to maintain the validity and security of a centralized database, called a blockchain.
Some notable Bitcoin properties that make it unique are:. Litecoin was launched in by former Google engineer Charlie Lee, who announced the debut of the "lite version of Bitcoin" via a posted message on a popular Bitcoin forum. From its founding, Litecoin was seen as being created in reaction to Bitcoin's tendency to gravitate towards centralization.
For this reason, Litecoin adopts many of the features of Bitcoin that Lee and other developers felt were working well for Bitcoin in its early stages. Litecoin has other aspects that the development team felt could be improved upon. Some of Litecoin's notable properties are:. The most significant difference between Litecoin and Bitcoin is its hashing function.
Another area in which Bitcoin and Litecoin differ significantly is their market capitalization , the total dollar market value of all the created coins. Bitcoin is more popular because of its ability to be mined by large farms and mining pools; also, demand for it has risen so high that it commands a very high cryptocurrency-to-dollar exchange rate.
Litecoin has a much smaller market capacity because Bitcoin has a smaller supply and greater demand. Another of the main differences between Bitcoin and Litecoin concerns the total number of coins that each cryptocurrency can produce. This is where Litecoin distinguishes itself. The Bitcoin network can never exceed 21 million coins, whereas Litecoin can accommodate 84 million coins.
In theory, this sounds like a significant advantage for Litecoin; however, supply and demand generally dictate prices for commodities and investments, along with consumer and investor sentiments. Both appear to believe that Bitcoin aligns with their interests, values, and financial goals, so its price reflects that.
Although technically transactions occur instantaneously on both the Bitcoin and Litecoin networks, time is required for those transactions to be confirmed by other network participants. Litecoin was founded with the goal of prioritizing transaction speed. However, this can vary widely depending on network traffic. The equivalent figure for Litecoin is roughly two and a half minutes.
Which is better depends on your goals, what you want to do with your coins and your views on cryptocurrency. Litecoins are generated faster than Bitcoin, but Bitcoin is worth more.
Bitcoin might be better if you want more value per coin, while Litecoin might be better if you want more coins at a lesser value. Litecoin has a limit of 84 million coins. There were Litecoin's future depends on consumer and investor sentiments. Government regulations , economic conditions, government-sponsored cryptocurrency, and more can also affect cryptocurrency. It's possible that technological advancements could even render cryptocurrencies obsolete.
This is largely due to consumer and investor perspectives—if a means of exchange can purchase more goods, it is worth more. If a commodity or investment has a higher value for people, they will pay more for it.
Bitcoin is currently perceived to be a more valuable asset, so it is worth more. Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein. As of the date this article was written, the author does not own Bitcoin or Litecoin. Bitcoin Forum. Litecoin Wiki.
Your Money. Personal Finance. Your Practice. Popular Courses. Cryptocurrency Bitcoin. Part of. Guide to Bitcoin. Part Of. Bitcoin Basics. Bitcoin Mining. How to Store Bitcoin.
Bitcoin Exchanges. Bitcoin Advantages and Disadvantages. Bitcoin vs. Other Cryptocurrencies. Bitcoin Value and Price. Table of Contents Expand. Table of Contents. Litecoin: An Overview. Key Differences. Is Litecoin Better Than Bitcoin? How Many Litecoins are Left? Does Litecoin Have a Future? Why Is Litecoin So Cheap? Litecoin: An Overview Over the past several years, public interest in cryptocurrencies has fluctuated dramatically. Both Bitcoin and Litecoin are cryptocurrencies that use the proof-of-work consensus mechansim.
Litecoin can produce a greater number of coins than Bitcoin. Bitcoin's market cap remains much higher than Litecoin's. Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate.
You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation.
This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace. Related Articles. Bitcoin Bitcoin vs. Bitcoin How Bitcoin Works. Partner Links. Launched in the year , Litecoin LTC is an alternative cryptocurrency based on the model of Bitcoin. Bitcoin Mining Breaking down everything you need to know about Bitcoin mining, from blockchain and block rewards to proof of work and mining pools.
Bitcoin is a digital or virtual currency created in that uses peer-to-peer technology to facilitate instant payments. Proof of Work PoW Proof of work describes the process that allows the bitcoin network to remain robust by making the process of mining, or recording transactions, difficult. What Is the Difficulty Bomb? Investopedia is part of the Dotdash publishing family.
Kin (Token)
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Home » Guides » Blockchain for Business. Ameer Rosic. Our blockchain wiki guide aims to cut through the nebular and explain the different families and trees of Blockchains. What kind of blockchains does exist? What are cryptocurrency blockchains, sidechains, and private blockchains? The proposition of the term Blockchain can be confusing. Sometimes you read the blockchain, sometimes a blockchain, sometimes blockchain technology and here and then simply blockchain. Sure, we could state, that the written word is unclear, that blockchain is a new thing, and that language simply needs its time to catch up. This guide attempts to sort things up and provide an overview of the families and trees of blockchains. This is not an introduction to Blockchain.
Cryptocurrency standards
On 16 April 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 main programmer is Peter Bushnell, at the time running the information technology for the Brasenose College of Oxford University. This article "Feathercoin" is from Wikipedia. Follow us on Twitter!
The Leader for Cryptocurrency Tracking and Tax Reporting
Litecoin is an experimental digital currency that enables instant payments to anyone, anywhere in the world. Litecoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Litecoin Core is the name of open source software which enables the use of this currency. Litecoin Core is released under the terms of the MIT license. The master branch is regularly built and tested, but is not guaranteed to be completely stable. Tags are created regularly to indicate new official, stable release versions of Litecoin Core.
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Feathercoin
In , Bitcoin became the first cryptocurrency to trade on third-party markets. Since then, many cryptocurrencies have been developed and are actively traded. Cryptocurrencies offer the potential for merchants to one day break the stranglehold of credit card processing fees. Cryptocurrencies are a disruptive technology that should be actively followed and considered.
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The early days of Phoenixcoin were full of great expectations which turned into yet another cryptocurrency drama. The first block was mined on the 8th of May , but the currency wasn't released to public until about 20 thousand blocks were produced which resulted in a pre-mine of about 1 million coins 0. The original name was Phenixcoin. The coin was supposed to be used for various projects by the founding company such as Phenix Poker or Phenix Safe Trade. Phoenixcoin was added to Cryptsy on the 24th of May , once a leading cryptocurrency exchange focused on alternative coins, but the trading was suspended on the next day per developer's request and restored on the 31st of May The first joint project was supposed to be the Bridge 2 , a cryptocurrency to fiat payment processor.
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