LKY FTW! 

So far ACP for Bitcoin 0.9.1 proofed to be a road block for the further client update.
The Bitcoin developers changed the internal workings how the block chain is handled that directly interferes with the ACP mechanism.
As far as I know no one has managed to upgrade ACP to the Bitcoin 0.9.x wallet series.
Feathercoin, the first proponent of ACP, is still on the 0.8.x series. I will take another shot at it over the holidays.

Titan

Cryptsy is still holding the Luckycoin hostage.
The coin is under maintenance for over two weeks now.
Please also put in some tickets to get this sorted out.
There is no reason for the exchange wallet to be offline that long.

Titan

Interesting article: A Name Matters: Cryptocurrency Names and Ratings

http://altcoinpress.com/2014/11/a-name-matters-cryptocurrency-names-and-ratings/

The Luckycoin has a new trading pair on Cryptsy:

LKY/XRP (Luckycoin -> Ripple)
https://www.cryptsy.com/markets/view/438

The current market value is 0.34 LKY/XRP

Seems the pool is being fixed now!

2014-09-13 : CoinMine.PW have temporally problems with payment server. Problem will be fixed as soon as possible.

OP the payment process on the pool is not working any more.
LTC profitability is 0%...

The network operation of the Luckycoin network is very good since the last reward reduction at block 300,000.
The average block time for the last 28,000 blocks is 68 seconds. So the Luckycoin network operates close to optimal.

The daily coin production is already quite low at about 60 * 24 * (11 + 1.5) = 18,000 LKY per day.
At the current price of 400 Satoshi about 18000 * 0.00000400 = 0.072 BTC have to be absorbed daily by the exchanges and miners.
Compared to many other network the selling pressure is still quite low.

I think the overall crypto market is starting to turn now. On the other hand the mining scene has dramatically changed for the Scrypt coins.
I have been following the developments at GAW miners over the last few weeks.
The introduction of hashlets was certainly interesting, although many questions of the future evolution of the hashlets are still open.

Nevertheless, I have started to experiment with the hashlets. Eventually, if the hashlet model proves to be sustainable, these could be used to support the Luckycoin network and provide some asset backing.

We all love the Digishield!

Quote form the website now:

GitHub closed due to leftover litecoin references found in the Linux and Mac wallets. We will reopen the GitHub in 12 hours with this fixed after our lead developer has resolved it, and all wallets will be recompiled with the problem resolved.

The source code link on the main site http://midascoin.io/wallet/ does not work!

The deposit issues at Cryptsy after their server crash have been resolved for the Luckycoin.
Everything is back to normal.

The halving interval for Carboncoin is 50,112 blocks. So there was a reward reduction at block 150,336.

https://github.com/carboncointrust/CarboncoinCore/blob/master/src/chainparams.cpp#L40

Great! Thanks!

We are seeing some panic now. LTC down 50% within a week, DRK down 80%, still waiting for DOGE teens.
I think LTC will go down to 2-3 USD. This is about the electricity cost of running a Scrypt ASIC. So this might set a bottom there.

The Luckycoin is closing in on block 300,000 today and the reward will be halved to 11 coins, reducing the coin production to 16,000 LKY per day.

I didn't implement KGW in the past because it it not efficient for mobile wallets.

Something much better is in the works. It already works very well on test net.
It's a stochastic intra block retargeting scheme that can compensate 100x hash rate fluctuation with minimal block chain slowdown.
I am still working on hardening the scheme against attacks, but I think I nailed the main issue.

We will hard fork over the next four weeks. I still have to port ACP to the Bitcoin client 0.9.1.
In the mean time the Luckycoin network got some Scrypt ASICS to keep the network operation smooth.

The next reward reduction is coming this week at block 300,000. This will further reduce the selling pressure from the miners.
During the next cycle we will have a coin production rate of about 20 USD per day.

I think it will take one more month or two for the crypto market to bottom out.
LTC is taking a beating today, but there is no panic yet.

I have made some good progress on the ASIC resistant intra block difficulty adjustment scheme.
The algorithm works very well under normal conditions but still needs some tweaking under specific attack scenarios.
Stratum and getwork mining work now after tweaking the client a bit. Even the native Bitcoin client seems to be a bit buggy with intra block difficulty adjustments that happen on the testnet.

I had a look at the Razor anon scheme. This seems to be a viable option to play the anon theme.

Please join our mining pools!

I have added the Unionminer pool to the custom multipool list on the front page.
http://unionminer.com

The Unionminer pool is classic multipool with auto switching and dedicated coin pools.

I have updated the front page with all the latest info.

A lot of services, pools, and exchanges have gone out of business over the last two months.

The pool seems to be on auto pilot with subsystems failing one after the other.

Over the weekend the multipool locked in on the Luckycoin for two days without a break.
The multipool hashes still with over 200MHs what is a bit surprising considering the overall status of the pool.
For the Luckycoin blocks were generated and payouts were visible on the block chain.
Today it seems the block statistics for the Luckycoin are not updating any more.

Everyone interested mining the Luckycoin please consider moving to the Luckycoin pool: pool.luckycoin.cc

Today the multipool mines BBQ coin, but there is no difficulty increase visible, so likely all the hashing power is lost.
I couldn't find a BBQ coin block explorer any more to look at it in more detail.

So I wonder why the operator is not handing over the maintenance of the pool to someone with more time at hand and support his creation.