Title: [ANN][LTS] LottoShares - You probably wouldn't be interested in this.™ -Now Live Post by: FreeTrade on July 14, 2014, 03:48:45 PM LottoShares, DAC (LTS) https://i.imgur.com/QECaOmx.png Binaries (Wallet/Miner) (Compiled and released by testzcrypto) https://github.com/LottoShares/lottoshares/releases Parameters Service: Built in lottery game, 6 of 42 Block target: 2.5 minutes Port: 6042 Proof of Work: Scrypt Merged Mining Capable Codebase: United Scrypt Coin Block Subsidy: Custom block subsidy (1 to 10 LTS) inversely related to difficulty Difficulty Retargeting: Every block with Dark Gravity Wave Total Shares: 100 Million Game LottoShares allows shareholders to use their coins to play a lottery style game, choosing 6 numbers from 42. Players can choose the size of their stake and prizes are fixed-odds - 6 numbers = 1,000,000 X stake 5 numbers = 5,000 X stake 4 numbers = 100 X stake 3 numbers = 10 X stake Distribution (These coins are available to be played immediately) 20% Bitcoin - Each of the top 1,000,000 Bitcoin addresses received 20 LTS in the genesis block. (Block 302,000) 20% Dogecoin - Each of the top 250,000 Dogecoin addresses received 80 LTS in the genesis block. (Block 232,000) (These coins are vested, and mature over a period starting 2 months from launch, finishing 14months after launch) 10% distributed to MemoryCoin (MMC) holders (Block #39,983) 10% distributed to ProtoShares (PTS) holders (Block #65,959) 10% distributed to AngelShares (AGS) holders (End of May 2014) 8.0% Devs for ongoing development and maintenance 6.6% FootballCoin - 7080 coins to each of the users on the distribution list (80 coins available for use immediately) 10.9% ShareCoin - 7080 coins to each of the users in the inital distribution (80 coins available for use immediately) 4.5% gifted to btctalk users, exchanges, crypto projects, bloggers (80 coins available for use immediately) Any coin not moved from the genesis block become invalid after 2 years Profit When a lottery ticket is played, the coins used as a stake are destroyed. Prizes are paid from the coinbase and provide an 85% average return. Thus as the lottery is played 15% of the total stake is destroyed, making other players richer. See Dividends 2.0 for more explanation - https://bitsharestalk.org/index.php?topic=1169.0 Proof of Work The Proof of Work is scrypt merged mined. It can be merged mined with any primary scrypt coin - Litecoin, Dogecoin etc. Launch Start time: 1405288888 (07 / 13 / 14 @ 10:01:28pm UTC) First 24hr (576 blocks) blocks contain minimum 1 LTS subsidy Source Based on the United Scrypt Coin code base, used for Scrypt Merged Mining Capability https://github.com/LottoShares/lottoshares Block Explorer http://lottoshares.42tx.com/ Exchanges tba Websites http://lottoshares.org/ (coming soon) Forum http://forum.lottoshares.org/ ScreenShots https://i.imgur.com/xnj9M9E.png No buying/selling posts on this thread please. |