Known as an altcoin, Feathercoin is – like many other digital currencies – linked to the original Bitcoin open source software. It is very new to the scene, only just over a year old as of 2017. It features a NeoScrypt algorithm, and advanced checkpointing among other elements.
There are 336 million coins at present, with 80 coins in each block and a one-minute block target. Merchants using Feathercoin enjoy extremely low payment fees, so it is often cheaper to use Feathercoin as opposed to other payment methods.