ALERT! - Feathercoin HALVING - Coming Monday

in feathercoin •  8 months ago

FeatherCoin Halving happens early Monday.

To my understanding, halving means that mining rewards are cut in half once half of the coins in a cryptocurrency have been created into existence. Then there's another halving for half of the second half, and so on.

If you want a more comprehensive explanation on halving, using Bitcoin and Litecoin as examples, check out this video (under 4 minutes) on Youtube by Franklyn, here:

Feathercoin has a long history, going way back to 2014. I only got into cryptocurrencies a couple of months ago, but Feathercoin (from my recollection) was one of the original favorites along with Bitcoin, Litecoin and Dogecoin.

And according to the Feathercoin website (at

"Feathercoin is a powerful open source digital currency with monetary properties linked to Bitcoin, Litecoin and a myriad of countless alt coins, but under the hood is something very different."

I like the fact that the Circulating Supply of Feathercoin is "only" about 168 Million and currently valued at about 8 cents. For a period of time in 2014, Feathercoin was valued over 20 cents, with a peak or spike above ONE DOLLAR.

As a comparison, Litecoin is currently valued at about $50 with a Circulating Supply of nearly 52 Million. So Litecoin is valued at about 625 times more than Feathercoin, and Feathercoin only has a little over 3 times the Circulating Supply of Litecoin, currently.

I think of Feathercoin as a "lightweight" version of Litecoin. First of all, they both have gray or silver-looking logos, and then there's the connection of that old phrase, "Light as a Feather" (litecoin / feathercoin).

Disclaimer: This is not investment or financial advice, but are only my own opinions. I think Feathercoin has a lot of potential to go up, which is why I've got a bunch that I plan to hold on to for a long time.

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Nice writeup
Keep it up.