1 Year On
Feathercoin Key Stats – Tuesday 29th April 2014
377 days since genesis block creation
Approx. 42174600 Feathercoins created
We now have a year under our belt, there have been many challenges along the way but we are still here and will continue to be so for as long as there is crypto currency. When I launched I said that Feathercoin is a long term project and I hope that I have proved that point, if not then perhaps our birthday next year will help convince you.
There is constant work going on over the last year to make sure that we are fit to be a crypto currency and we recently forked to combat multipools who manage to take the majority of any profit that there is. This is not on them but on us to make sure that all users have a fair opportunity. Our hard fork so far appears to be a success, people who choose to mine Feathercoin constantly should see around 25% more coins than they did before. This is down to a retarget solution that closely follows the hashrate. It is our own solution that retargets every block checking several averages.
There are further challenges coming up that will see Feathercoin moving to its own hashing solution so far named NeoScrypt which Ghostlander has designed. This is a very exciting move and has been part of the plan for a while now, the first step was to fix the retarget for Feathercoin miners. The next move is to leave Scrypt behind as there is dedicated Scrypt mining hardware coming soon. It is not possible to avoid dedicated mining hardware forever and if people were purchasing ASICs for Feathercoin it would be a different story. It is expected that people are buying Scrypt ASICs for the larger Scrypt coins and multipools. This would have a negative effect on Feathercoin so we choose to move now to protect the network and its users.
By this time next year we hope to see Feathercoin at the top of a new tier of crypto currency,.
Saturday saw the 1st Birthday celebrations of feathercoin. A fantastic event attended by many of our members old and new, from all over the UK with the furthest reach being Newcastle. A big thank you to all of you that attended and made the celebrations a huge success.
It was a double celebration as we also made our donation to Prostate Cancer UK on the Saturday evening, massive thanks go to Paul a representative from Prostate Cancer UK for coming along to join in with our one year birthday and receiving the cheque on behalf of Prostate Cancer UK
What a great success the fundraiser has been, not only have we met our stretched target but we have smashed right through it. Congratulations to the community for raising 8407 feathercoins with the figure still likely to go up as the donation address is still open and we still have 3 Special Edition Cold Storage Wallets up for grabs, so please contact Uncle Muddy or myself if you wish to purchase one, all proceeds going to PCUK.
Special thanks to:
- UM for all the hard work he has put in over the last 4 months making sure that the charity donations kept on rolling in.
- Paul a representative from Prostate Cancer UK for coming along to join in with our one year birthday and receiving the cheque on behalf of Prostate Cancer UK.
- The Fownes Brewery and the Crispin Alehouse for donating a barrel of the good stuff
- The Oxford Blue and staff for letting us play in their establishment yet again.
- Everyone that donated items for the charity raffle.
- Netnerd’s friend for donating birthday cake
- Netnerd for his work on Special Edition Cold Storage Wallets
- MrWyrm for making us donation address t-shirts
Mobile Wallet Upgrade
by @Uncle Muddy
As a result of the hard fork we have had to upgrade the mobile wallet again, the new version is in the Play Store ready for you to download or upgrade. Once again it is highly recommended to backup your keys before you start the process, as failure to do so may result in you losing any coins that are stored in your wallet. A quick guide on how to do this and the upgrade can be found here.
We are still looking for further enhancements to the wallet and would love to hear from any app developers that have any spare time on their hands, if your interested pop over to the development thread to get involved.
feathercoin UK tour
by @Uncle Muddy
After attending many meetups in Oxford over the last few months, it has been noted that we originally said we would take feathercoin on tour. So we are! We are also going to change the meet-up weekend from the last weekend of the month to the 1st weekend of the month, hopefully this will help a few people out, as we will be closer to you guys and, we will be meeting up the weekend after pay day not the weekend before.
The next meet-up is planned for June the 7th in Birmingham, I’m still working on a venue, but it is likely to be one of the city center pubs, within walking distance of the train station. So if you want to book your train tickets now to take advantage of lower prices then please do. I will keep you all updated over the coming weeks as the planning gets underway.
If you’re interested in doing your own local meet-up and want some help, please feel free to give myself or Ruthie a shout and we will help out where we can.
A big thank you goes out to Entimp, for getting the merchant list published for us. From technology, to t-shits, to cleaning products it can all be purchased with your feathers. So next time you want to purchase something why not checkout the merchant list first and see if you can’t put those feathers to good use.
If you know of anyone else who accepts feathercoin, and would like to be added to the merchant list, please drop us a message via the forum thread and we will get it added ASAP. Like wise when purchasing from merchants please mention that you got their name from the list on the site.
Thank-you for your time.