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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TAC] TalkCoin | First NIST5, First Anonymous Chat on: September 04, 2014, 01:23:04 AM
Doing something properly costs money.  Bushstar is a top tier consulting developer and his time doesn't come for free.

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You see, the developer, bushstar, displayed absolute bare minimum competence when creating this coin. One of the most basic steps of creating an altcoin is to create a new genesis block. This is the block that the entire blockchain will build off of, and is one of the key differentiators between coins.

But bushstar, in all his incompetence, couldn’t figure out how to create his own genesis block. Instead of admitting defeat and that he had no business launching a coin, he did the next best thing he could think of: reuse the litecoin genesis block, and put in a hardfork at the first block. This makes feathercoin a fork of litecoin, a “distinction” that few coins have.

http://cryptolife.net/an-in-depth-look-at-feathercoin-the-coin-that-started-it-all/
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