No description, website, or topics provided.
C++ TypeScript C Assembly Python IDL Other
Switch branches/tags
Nothing to show
Clone or download
Fetching latest commit…
Cannot retrieve the latest commit at this time.
Permalink
Failed to load latest commit information.
contrib
doc
share
src
COPYING
INSTALL
README
README.md
lucky7coin-qt.pro

README.md

Lucky7Coin (LK7)

It is a PoW/PoS coin in the family of PPCoin/Novacoin with latest available algorithms that fixed various problems in the recent PoW/PoS coins. As compared to the PoW only coins, the proof of stake coins are more resilient to 51% attack. Also it is a long term energy-efficient cryptocurrency.

Lucky7Coin provides superblocks based on the number of lucky "7"s in the previous block hash. The block payout is determined as follows:

  • the hash contains six 7s or less: 77 coins per block
  • the hash contains seven or eight 7s: 777 coins per block
  • the hash contains nine or more 7s: 7777 coins per block

The 777-coins block occurs approximately 3-8% and 7777-coins block occurs approximately 0.5-2%, depends on the blockchain "luck". So have fun and hope for luck 7s!

Lucky7Coin also provides 5% annual interest on the coins held. The interest is paid about every 2 weeks.

No Premine.

Specifications: - 60 seconds block target - 77 coins per block for normal blocks - 777 or 7777 coins per block for super blocks depends on the number of lucky 7s - Difficulty retargets every block - mining payout will be halved every half year (259200 blocks) - mining coins per block will not be lower than 1 coin per block - Expected total mined coins will be 99,792,000 coins - 7 confirmations for transaction - 77 confirmations for minted blocks - Total coins (hard limit): 500 millions

- Ports: 
	connection 17777
	RPC 17778

To encourage accumulating initial stake, for the first 3 days all the payout will be tripled.

The official website is: lucky7coin.pw (under construction).