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Author Topic: [ANN][LK7] Lucky7Coin - PoW/PoS, BonusBlock based on your lucky 7s! |No Premine  (Read 35119 times)
jlong187
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September 16, 2013, 05:26:16 AM
 #1



Lucky7Coin (LK7)

It is a PoW/PoS coin with a completely new algorithm to compute superblocks. Lucky7Coin is 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 best of the luck of 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
   - scrypt
   - 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: http://lucky7coin.co.nf




Mining Pools

Bigal's Small Time Miner Lucky7 Pool:
* http://lk7.smalltimeminer.com
* Proportional Payouts. Full Block Rewards. 1% Fee.
* Stratum Only: stratum+tcp://smalltimeminer.com:3338


Ortchi's Stratum & pushpool:
http://coin-base.net/lucky/

1% POOL FEE
Payoutsystem prop

Stratum:
stratum+tcp://coin-base.net:3440
+
pushpool
http://coin-base.net:8440








Downloads

Windows Client Downloads:

Mega.co.nz:
https://mega.co.nz/#!kx1gXYwC!dbcnukb7vKRm3C1g2y8jpgTFxy5z3W-KLJYy6r6wxOs

Skydrive:
https://skydrive.live.com/redir?resid=C2C35F61D60330B7!107&authkey=!APgcWj4YxGq6ax0


Source Code Download:

https://github.com/lucky7coin/lucky7coin



News and Updates

October 29, 2013: LK7 is listed in cryptsy!
September 16, 2013: network hashrate over 100Mh/s.
September 16, 2013: 1st Mining Pool created by Bigal.
September 15, 2013: Lucky7Coin is launched!
 



Configuration

Using the following nodes to join the network:

addnode=118.70.190.61
addnode=113.162.191.140
addnode=192.3.79.179



Sample Config File (lucky7coin.conf):

listen=1
daemon=1
server=1
rpcuser=**Yourusername**
rpcpassword=**Yourpassword**
rpcport=17778
rpcconnect=127.0.0.1
addnode=118.70.190.61
addnode=113.162.191.140
addnode=192.3.79.179


How to Solo Mine

1. Start up lucky7coin-qt, wait for it to load, then exit.
2. Put lucky7coin.conf (see sample file above) in your c:/users/**yourcomputername**/AppData/Roaming/Lucky7Coin
3. restart lucky7coin-qt, and you should connect and sync.
4. For solo mining, launch cgminer or the mining program you use and begin mining.
      cgminer ex: cgminer.exe --scrypt -o localhost:17778 -u **yourusername** -p **password** (without **)








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jlong187
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September 16, 2013, 05:27:56 AM
 #2

reserve
dreamhouse
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September 16, 2013, 05:29:21 AM
 #3

lucky 7, lol  Grin

interesting algorithm
jlong187
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September 16, 2013, 05:37:03 AM
 #4

lucky 7, lol  Grin

interesting algorithm

Yes it's a new algorithm Smiley
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September 16, 2013, 05:46:20 AM
 #5

what the... someone must have big hashpower there, I don't even get rejected blocks with 2Mh/s, sucks
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September 16, 2013, 05:48:16 AM
 #6

yes this world is unfair. I'll give up until there's a pool there Shocked
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September 16, 2013, 05:50:43 AM
 #7

shit,the total hash > 120M

bye!you can play alone!

chinese coin again !!!!!!!


    
    

    
    
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September 16, 2013, 05:56:04 AM
 #8

yeah, explains why nobody here gets coins, why it's released without any preannounce at some unfavorable time, and why I don't get any connections to the network. Cheesy anyone outside china can provide an addnode?

with great beard comes great liver. Reputation Thread: https://bitcointalk.org/index.php?topic=195803.0
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September 16, 2013, 05:58:39 AM
 #9

yeah, explains why nobody here gets coins, why it's released without any preannounce at some unfavorable time, and why I don't get any connections to the network. Cheesy

good news,the coin is dead! Grin


    
    

    
    
jlong187
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September 16, 2013, 06:05:02 AM
 #10

yeah, explains why nobody here gets coins, why it's released without any preannounce at some unfavorable time, and why I don't get any connections to the network. Cheesy

good news,the coin is dead! Grin

No, everything is working fine:
{
    "blocks" : 372,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 0.79035915,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 133425484,
    "pooledtx" : 0,
    "testnet" : false
}
jlong187
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September 16, 2013, 06:06:17 AM
 #11

and now
{
    "blocks" : 373,
    "currentblocksize" : 1000,
    "currentblocktx" : 0,
    "difficulty" : 0.76487203,
    "errors" : "",
    "generate" : false,
    "genproclimit" : -1,
    "hashespersec" : 0,
    "networkhashps" : 128617305,
    "pooledtx" : 0,
    "testnet" : false
}

60 sec block target
spoid
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September 16, 2013, 06:22:43 AM
 #12

well can more people post their connections please?

with great beard comes great liver. Reputation Thread: https://bitcointalk.org/index.php?topic=195803.0
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September 16, 2013, 06:34:42 AM
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try these addnode?

    {
        "addr" : "118.70.190.61:54886",
        "services" : "00000001",
        "lastsend" : 1379313134,
        "lastrecv" : 1379313134,
        "conntime" : 1379309646,
        "version" : 60006,
        "subver" : "/Satoshi:0.7.2/",
        "inbound" : true,
        "releasetime" : 0,
        "startingheight" : 283,
        "banscore" : 0
    },
    {
        "addr" : "113.162.191.140:62840",
        "services" : "00000001",
        "lastsend" : 1379313135,
        "lastrecv" : 1379313135,
        "conntime" : 1379309750,
        "version" : 60006,
        "subver" : "/Satoshi:0.7.2/",
        "inbound" : true,
        "releasetime" : 0,
        "startingheight" : 302,
        "banscore" : 0
    },
    {
        "addr" : "107.3.186.55:62907",
        "services" : "00000001",
        "lastsend" : 1379313135,
        "lastrecv" : 1379313135,
        "conntime" : 1379309249,
        "version" : 60006,
        "subver" : "/Satoshi:0.7.2/",
        "inbound" : true,
        "releasetime" : 0,
        "startingheight" : 276,
        "banscore" : 0
    },
    {
        "addr" : "66.63.176.212:53023",
        "services" : "00000001",
        "lastsend" : 1379313135,
        "lastrecv" : 1379313136,
        "conntime" : 1379312110,
        "version" : 60006,
        "subver" : "/Satoshi:0.7.2/",
        "inbound" : true,
        "releasetime" : 0,
        "startingheight" : 389,
        "banscore" : 0
    }
jlong187
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September 16, 2013, 06:37:10 AM
 #14

try also addnode=192.3.79.179
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September 16, 2013, 06:54:34 AM
 #15

thanks, 1 connection now:

listen=1
daemon=1
server=1
rpcuser=user
rpcpassword=pass
rpcport=17778
rpcconnect=127.0.0.1
addnode=118.70.190.61
addnode=113.162.191.140
addnode=192.3.78.179
addnode=107.3.186.55
addnode=66.63.176.212

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September 16, 2013, 06:56:26 AM
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weird... I saw a few more connected to the network:
    {
        "addr" : "71.23.31.63:58651",
        "services" : "00000001",
        "lastsend" : 1379314483,
        "lastrecv" : 1379314483,
        "conntime" : 1379313799,
        "version" : 60006,
        "subver" : "/Satoshi:0.7.2/",
        "inbound" : true,
        "releasetime" : 0,
        "startingheight" : 0,
        "banscore" : 0
    },
    {
        "addr" : "77.22.197.166:51461",
        "services" : "00000001",
        "lastsend" : 1379314483,
        "lastrecv" : 1379314483,
        "conntime" : 1379314447,
        "version" : 60006,
        "subver" : "/Satoshi:0.7.2/",
        "inbound" : true,
        "releasetime" : 0,
        "startingheight" : 353,
        "banscore" : 0
    }
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September 16, 2013, 07:09:33 AM
 #17

at three connections now. thanks! however like you guys said - with this hashrate thrown at it (probably by the creator from china) it is inherently pointless to mine with a single standard rig from outside china. Sad

with great beard comes great liver. Reputation Thread: https://bitcointalk.org/index.php?topic=195803.0
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September 16, 2013, 07:18:22 AM
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at three connections now. thanks! however like you guys said - with this hashrate thrown at it (probably by the creator from china) it is inherently pointless to mine with a single standard rig from outside china. Sad

I don't know if the hash power comes from china, but since it was released, clearly some poeple threw in really big hash. I am in the same situation as you guys, I don't get anything now. If I knew this would happen, I'd premine a big amount like 1% or 2% first before releasing it, lol  Grin. Anyway it is what it is, I did not get much from my own coin, which really sucks.
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September 16, 2013, 08:33:37 AM
 #19

Clone of what coin? Also stake is set for 10 days with 60 second blocks the majority will be stake blocks. Avoid

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September 16, 2013, 08:38:04 AM
 #20

marked.

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