This means the transactions are public, it is the fact that who owns the address is unknown, which provides the privacy. Think of each address a safety deposit box which anyone can see in, but only you have the key. Command line options can be used to trigger events, like a blockchain re-index or blockchain re synchronisation and apply various non default settings. The options passed in can usually be made permanent by including them in the feathercoin.conf file. Click on Wallet menu item to create your address and extract if from the receive menu. In this example we create acces to a multiple signature account or address that is “one of two”.
- It is an important menu to help manage currency transfers and other functions to verify “accounts”.
- Storing FeatherCoin (FTC) in a non-custodial or self-custodial wallet grants you complete control over your private keys.
- Included is a decentralised exchange that allows trading of tokens for Feathercoins.
- The comment message can be extracted from scriptPubKey by using Hex to Ascii conversion on OP_RETURN to return the comment contents.
- Besides GitHub,most communication about Electrum development happens on IRC, in the#electrum channel on Libera Chat.
This way each such Feathercoin address and transaction is only identifiable by you and the payer who generated that exact address. Signature addresses can be made with up to three signatures with the current wallet implementation. Further details and an example of how to set up and use a MultiSig address is included later in the guide, under menu options. Once you are happy you can press the send button and that transaction is sent to the blockchain. If you have the QR code of the Send address press send to QR code button will activate a camera snapshot and import of the QRCode. The generally agreed-upon definition of an altcoin is any other cryptocurrency that is not Bitcoin – simple as that.
Install BitMessage for windows and copy the executable to the Feathercoin install directory. The comment message can be extracted from scriptPubKey by using Hex to Ascii conversion on OP_RETURN to return the comment contents. The printed wallet will contain all the keys from the feathercoin wallet online local wallet. If the local virtual wallet is deleted, the wallet will be in “cold storage” or “offline”.
Displaying the QRCode & Receive address details
- Hence it does not favor FPGA and ASIC mining, whicharethe ‘heavyweights’ of the world of cryptocurrency mining.
- It’s built using the libbitcoin toolkit, a set of cross platform C++ libraries for building Feathercoin, Bitcoin & Litecoin applications.
- The hashing algorithm chosen for Feathercoin was the Proof-of-Work NeoScrypt, which had premiered on Phoenixcoin.
- The most premium secure touchscreen hardware wallet to protect and manage crypto and NFTs.
- Electrum-FTC is a lightweight Feathercoin wallet for desktop computers.
This is a safety feature to stop malicious users from trying to force clients on to a different blockchain. There are different versions available for the Feathercoin Wallet currently version 0.8 series and version 0.9 series Feathercoin (FTC) wallets are supported on the network. The GPUs (Graphics Processors) do the mathematical cryptographic calculations. A compatible mining software, such as NSGminer for AMD, use those calculation results returned from the GPU to test if a block has been found and process the transactions. The miners are distributed, so in order to prove they are doing work they continuously try to find the next block.
Report Button
“Not your keys, not your coins” is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your FeatherCoin (FTC) to a non-custodial wallet. Storing FeatherCoin (FTC) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets.
Feathercoin Wallet guide aims to show how to use the features of the Feathercoin Wallet and other relevant technology. If you wish to help or give support which can be as easy as becoming a forum member and up voting a good post to becoming a moderator or helping develop or test new enhancements. Reward amounts will be determined based on the type and relevance of the information provided. 73% of millionaires have already invested in cryptocurrencies or will invest in them before the year 2026, and FTC may be among them. Electrum-FTC is a fork of the Bitcoin Electrum wallet adapted to work with Feathercoin.
Options menu : Windows Tab
The biggest difference between Scrypt and SHA-256, is that you do not need large machines with computing capacity. Hence it does not favor FPGA and ASIC mining, whicharethe ‘heavyweights’ of the world of cryptocurrency mining. If you wish to accelerate a transaction getting onto the blockchain or it is a stealth transaction, you may wish to us the Broadcast service. It means it is possible to transmit a paper wallet transaction without installing Feathercoin-qt. If two blocks are broadcast on the network with equal value otherwise, it is the block on the longest chain that will eventually convince all clients that it is the valid block.
Receive currency and Manage Addresses
The blockchain is stored in the hidden .feathercoin directory or %Applications% in Windows. Because disk space can be limited, especially now with space tight on digital media like SSDs, it is now possible to designate another disk to store the blockchain. Feathercoin is a long established blockchain Ref 2 with a reputable open development and Bitcoin / Satoshi community ideal. The most extreme example of which is successfully hard forking the Feathercoin blockchain to an ASIC resistant hashing algorithm (Neoscrypt). BitDegree aims to uncover, simplify & share Web3 & cryptocurrency education with the masses.
The blockchain has all the transactions of the coin written into it. Every block in the blockchain has a unique string of characters called a hash. In the client the checkpoints are defined by providing the block number and its hash, this is then compiled and distributed. This was important when block times had to work for transactions every minute, the change over to which was included in the same hard fork..
Based on the technical Feathercoin analysis & evaluation, the current market rank of FTC is #1237, while the coin’s market cap is $1,531,032. According to our research, the total circulating supply of Feathercoin is 236,600,238 FTC coins, while Bitcoin has a total current supply of 19,803,446 BTC coins. Buying Feathercoin with credit card instantly is the most simple and effective way to purchase new generation alternative assets. No matter where you are, you can quickly buy and sell crypto assets.