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Lottocoin (LOT) Scrypt based cryptocoin
28, Jan 2014
LottoCoin (LOT) is a p2p crypto coin based on scrypt PoW, descendant of Litecoin which uses random block features. Initially it creates random coins between 256 and 65536 (256*256) coins per block. It also generates random superblocks where miners can win big! The Daily Super Lotto is 1,048,576 coins for the winning block. There’s also a Semi Daily Lotto for 262,144 coins and an Hourly Lotto for 131,072 coins. Even at higher difficulties there’s always a chance to hit the jackpot. LottoCoin also makes a great crypto coin for playing online games.
Website
– http://www.lottocoin.org/
Block Explorer / Crawler
Not available.
SPECIFICATIONS
- Scrypt Algorithm
- 30 seconds block time, Which means Fast confirming transactions
- Difficulty retargets every block, so diff chasers cant stripmine
- Initially random 256 – 65536 (256*256) coins per block
- 4 confirmations for transaction. This zap-fast 2 minutes confirmation time
- 60 confirmations for minted blocks
- Total coins will be around 18,406,979,840 coins
- Premine 2%, for dev, support, bounty, and giveaway etc
- Transaction messaging
- The payout will be halved every 3 months. The minimum payout per block will be 1 coin.
DOWNLOADS
– Windows
Source Code
– at GitHub
PORTS
- RPC Port: 16384
- P2P Port: 16383
POOLS
– https://hash-to-coins.com/
EXCHANGES
– C-cex
- Published in: Crypto Coins
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