What is happening to Feathercoin?steemCreated with Sketch.

in #feathercoin6 years ago


Once upon a time, far far away there used to be three coins.
There was the daddy coin (BTC). There was the mommy coin (LTC) and there was the baby coin (FTC). When I first became active in the blockchain space, Bitcoin was roughly $100, Litecoin was roughly in the $10 range and Feathercoin was roughly in the $1.00 range. This was the era of Mad Bitcoins:

Then BTC rose to roughly $1000 and all then all the coins had a major pull back. Feathercoin dropped to hundredths of a cent in value. Feathercoin might be a victim of a pump and dump scheme or it may be carried in a wave of cryptocurrency euphoria. A third option may also be there is a great deal more discussion on the Feathercoin forum where the members of the community are discussing new alternatives for the use of Feathercoin - beyond the buy and hold strategy or using it as the means of transferring value.

One particular idea that I suggested would be to use it as a means of self authenticating password system. In essence a user would identify what Feathercoin wallets that they possesses and would be charged to enter. Websites could authenticate where the wallet the payment is coming from and allow entry into the system. Of course there are additional hurdles that would need to be addressed but I think that there is the idea that people just the action of discussing things and increasing a community gives value to an altcoin.

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