Posts Tagged ‘Lottocoin mining’

Lottocoin (LOT) Scrypt based cryptocoin

28, Jan 2014

lottocoin-scrypt-crypto

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


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