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Author Topic: [ANN][TKT] Ticketcoin - New Lottery Mining - X11 - NINJA - No ICO 0.5% premine  (Read 13232 times)
ticketcoin
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May 07, 2015, 02:59:57 AM
 #1

Ticketcoin
http://i.imgur.com/Seo5mZ4.png

Ticketcoin is the first ever coin to debut a new form of PoW and PoS mining named Lottery Mining. You can mine as normal and get the standard reward of 250 TKT. Or you can mine using the new lottomining mode. With lottomining you have a 1 in 50 chance of finding a valid block then you will be rewarded with a 100 times multiplier being applied to your reward for a block. For PoW it is the same as a 25,000 TKT reward or for PoS it would be 500% interest. There is a risk to doing this though. You have a 1 in 50 chance of it being invalid! So you must decide if you want to take the risk or not.

The technical details for how lottomining works is as so. In the reward code it runs the current block through a random number generator. If the random number matches then you get the extra reward. If the random number doesn't match though then the reward should be normal. Since the transaction for receiving rewards is set to 25000 TKT it won't be valid. And changing the transaction will change the block hash. Pools are recommended to try creating a lottomining pool seperate from their normal pool so that prospective miners can try winning the lottery! Lottomining also applies to PoS to yield higher interest at the risk of finding less blocks and thus less TKT.

To use lottomining, just place lottomining=1 in your configuration file

Specs:
Algorithm: X11 POW/POS
Ticker: TKT
Approximate Max PoW Coins without lottomining: ~2,520,000 TKT
PoS Starts on Block 10080, about 7 days of PoW mining
5% Annual Interest
0.5% premine
RPC Port: 7998

Wallets:
GitHub
Windows wallet
virustotal check

There is a minor problem with the windows wallet. When you run it the first time it crashes. If you run it again though it works fine. I'm working to fix this issue.

addnode=45.56.64.32

Exchanges:

C-Cex
EmpoEX
Cryptotrade

Block Explorer:

http://cryptobe.com/chain/TicketCoin

Lottery mining pools:

These pools are less likely to find blocks but when they do the reward will be 100 times more than normal!

https://tktlto.suprnova.cc
https://tkt.minerpools.com
https://tkt.coin-miners.info/

Normal mining pools:

ipoMiner (direct port 3601)
Suchpool
Suprnova

Later plans:

There will be a lottery site setup so people can participate in lotteries with Ticketcoin, Dogecoin, Bitcoin, and more. In the beginning stages this will use a portion of the premine to seed the lottery and for development and marketing. More details for this will be released later.

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May 07, 2015, 03:00:12 AM
 #2

{
"blocks" : 24,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : {
"proof-of-work" : 0.10265057,
"proof-of-stake" : 0.00024414,
"search-interval" : 0
},
"blockvalue" : 25000000000,
"netmhashps" : 0.00112707,
"netstakeweight" : 0.00000000,
"errors" : "",
"pooledtx" : 0,
"stakeweight" : {
"minimum" : 0,
"maximum" : 0,
"combined" : 0
},
"stakeinterest" : 5000000,
"testnet" : false
}
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May 07, 2015, 03:01:58 AM
 #3

im 2

instamine ? new way for get some coin like premine  Tongue Tongue

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May 07, 2015, 03:05:47 AM
 #4

Diff works blocks crawling along super slow.

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May 07, 2015, 03:06:18 AM
 #5

Interested in doing a Developer Verified with us?

are you seriously ? what makes you interested with this coin ?
i see boring  Tongue

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May 07, 2015, 03:07:47 AM
 #6

Any pools want to set up for this?

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  ✵ Super FAST block times      ✵ Block Explorer right in the wallet!     ✵ Stealth Addresses     ✵ PoW/PoS hybrid  
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TWITTER


ticketcoin
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May 07, 2015, 03:08:02 AM
 #7

Diff works blocks crawling along super slow.

I heard that digishield was the best for launches, so I chose it for PoW. Glad it's working properly Smiley
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May 07, 2015, 03:08:48 AM
 #8

Looks good. ipoMiner is mining TKT -- available on direct port 3601.

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May 07, 2015, 03:10:28 AM
 #9

building pool yo

EDIT: www.suchpool.pw/tkt is up

EDIT2: add to ann plz
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May 07, 2015, 03:20:03 AM
 #10

What's the benefit of a ninja launch? Btw, newbie account for dev doesn't seem good.
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May 07, 2015, 03:20:23 AM
 #11

building pool yo

EDIT: www.suchpool.pw/tkt is up

EDIT2: add to ann plz

 Huh Huh You can't get a single port to support the NICE

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May 07, 2015, 03:21:06 AM
 #12

building pool yo

EDIT: www.suchpool.pw/tkt is up

EDIT2: add to ann plz

 Huh Huh You can't get a single port to support the NICE

Nicehash *should* be fine on the regular port, unless they did some trickery again without notifying the pools.. I'll inquire!

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May 07, 2015, 03:30:53 AM
 #13

Difficulty is currently almost 250 and on block 71!
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May 07, 2015, 03:39:06 AM
 #14

Which pool will create lottomining pool and dev what you mean with this words ,, that pool operators can try to set up lottomining pool'' ? It works or not
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May 07, 2015, 03:40:33 AM
 #15

Which pool will create lottomining pool and dev what you mean with this words ,, that pool operators can try to set up lottomining pool'' ? It works or not

Yes, it works. The pool will receive many rejected blocks though because of how it works.
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May 07, 2015, 03:43:17 AM
 #16

Which pool will create lottomining pool and dev what you mean with this words ,, that pool operators can try to set up lottomining pool'' ? It works or not

Yes, it works. The pool will receive many rejected blocks though because of how it works.

So which pool will set up lottomining pool any volunteer.One more thing dev what will be the total supply after pow and this lottomining?
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May 07, 2015, 03:57:31 AM
 #17

I'm in but I feel like I am rekt already...  Cheesy

After I am done with you, you will be banned from ever being on the internet again or even owning a PC
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May 07, 2015, 04:16:33 AM
 #18

Which pool will create lottomining pool and dev what you mean with this words ,, that pool operators can try to set up lottomining pool'' ? It works or not

Yes, it works. The pool will receive many rejected blocks though because of how it works.

So which pool will set up lottomining pool any volunteer.One more thing dev what will be the total supply after pow and this lottomining?

It depends on how many people do lottomining... I'm not sure of a way to estimate it without knowing the hashrate for lottomining.
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May 07, 2015, 04:30:46 AM
 #19

Which pool will create lottomining pool and dev what you mean with this words ,, that pool operators can try to set up lottomining pool'' ? It works or not

Yes, it works. The pool will receive many rejected blocks though because of how it works.

So which pool will set up lottomining pool any volunteer.One more thing dev what will be the total supply after pow and this lottomining?

It depends on how many people do lottomining... I'm not sure of a way to estimate it without knowing the hashrate for lottomining.
I'm confused by your description of lottomining. Is it 1 in 50 found blocks are work 100x and 49 in 50 are invalid? Or 1 in 50 100x 48 of 50 normal and 1 of 50 invalid?

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May 07, 2015, 05:19:21 AM
 #20

Which pool will create lottomining pool and dev what you mean with this words ,, that pool operators can try to set up lottomining pool'' ? It works or not

Yes, it works. The pool will receive many rejected blocks though because of how it works.

So which pool will set up lottomining pool any volunteer.One more thing dev what will be the total supply after pow and this lottomining?

It depends on how many people do lottomining... I'm not sure of a way to estimate it without knowing the hashrate for lottomining.
I'm confused by your description of lottomining. Is it 1 in 50 found blocks are work 100x and 49 in 50 are invalid? Or 1 in 50 100x 48 of 50 normal and 1 of 50 invalid?

If you use lottomining 1 in 50 blocks will be valid with a 100x reward. The other 49 blocks are rejects
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