Legacy Lotto. World’s first decentralized world wide lottery offering ticket mining and self executing smart contracts.Lottery | Advantages | ICO | TwitterLegacy Lotto will be the new standard for lottery game play, offering a blockchain based global lottery supported on the Ethereum platform. The Legacy Lotto Platform is a community driven reinvention of the lottery system that will significantly reduce bureaucracy while increasing security, efficiency and transparency of operations. It’s a gameplay trading platform that offers its users new betting freedoms, a new type of payment method thanks to the ticket mining application and an exchangeable lottery trading token, LGY.LegacyLotto ICO starts 15/02/2018 12:00 CMTMore on ticket mining:Ticket mining is a revolutionary feature Legacy Lotto offers. It exploits the beneficial characteristics that cryptocurrencies offer by allowing everyone to take part in lottery draws by staking their own CPU power.
Legacy mining is a network that allows anyone to allocate spare CPU resources to participate in lottery draws. Users that run the Legacy Node will get paid in LGY tokens that can be used to purchase lottery tickets, allowing anyone with a smartphone or laptop can take part in lottery draws. Through combined CPU power of the Legacy Lotto community we’ll mine cryptocurrencies on a difficulty basis, always seeking to optimize our resources and increase the jackpot. All mined cryptocurrencies will be directly stored in the Jackpot Vault and used exclusively by the smart contract to render payments to all Legacy Lotto participants with winning combinations.
Ticket mining efficiency will be directly proportional to the amount of CPU power at stake. Before starting to mine users will decide the percentage of CPUs usage, this will yield a ticket mining rate. Mining progress can be tracked with a loading bar, once a user reaches the 100% mark a Legacy Lotto ticket worth 1 ETH will be awarded however a smaller ticket size may be purchased before that.
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