[PRE-ANN] LAKRAN - Ultra High Reward, Low adaptive dificulty Mineable Coin

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Lakran - Future Private Digital Cash

[PRE-ANN] LAKRAN - Ultra High Reward, Low adaptive dificulty Mineable Coin

March 19, 2019, 06:10:46 PM
Last edit: March 31, 2019, 03:08:13 PM by lakrancoin

#1

LAKRAN

WEBSITE | EXCHANGE | MINING POOL

Quote

Imagine a time in the not-so-distant future where personal financial management is not only convenient and mobile, but also secure, private, and impervious to national borders and centralized
control.
LAKRAN is about enabling this era, enabling an age where all people everywhere have the freedom to privately receive, spend, and manage their finances with whatever gadget they already own.

ABOUT

LAKRAN is for people who want to pay and live freely, who want to be part of the cryptocurrency revolution and want to try something new.
It is based on the CryptoNote protocol and uses the CryptoNight-Lite algorithm, and features:
- True anonymity & data protection
- Untraceable payments uses ring signature
- Unlinkable transactions with random data by the sender
- Blockchain analysis resistant
- CPU/GPU mining, ASIC-resistant

TECHNICAL DETAILS

Blockchain algorithm: POW
PoW algorithm: CryptoNight-Lite
Max supply: ~18.4 million
Block reward: Smoothly varying using the formula (M−A) / (2¹⁸) / (10¹²) where M = 2⁶⁴ −1 and A = supply mined to date.
Block time: 120 seconds
Difficulty: Retargets at every block

MORE FEATURES

Different Proof-Of-Work
Lakran's lightweight PoW (CryptoNote-Lite) allows for faster verification of the blockchain.

Blockchain pruning for scalability
Pruning allows the blockchain to stay small and not outgrow devices with limited storage. This feature also improves anonymity by reducing age-based attacks.

Fast syncing
Lakran helps this issue by using a 4-minute blocktime. Coupled with our lighter PoW, sync times on lower end devices can be improved by 10x or more.

Optional lightweight transfers
Lakran also allows for traceable transfers. These are a faster lower-fee option for non-sensitive payments, like transferring to/from exchanges.

Decentralized
Lakran is a cryptocurency that works on the blockchain operated by a multitude of nodes around the world.

Adaptive difficulty
Lakran readjusts the difficulty with every block to react to even the slightest hashrate changes. In addition, Lakran's emission curve is smooth which prevents mining reward drops.

Hash code optimization
Since the CryptoNight-Lite algorithm is four times easier and more operational than usual, this increases the efficiency of the system by 4 times.

Adaptable restrictions
The number of blocks in the blockchain chain, the complexity of mining, the maximum number of coins issued depend on the needs of the system, first of all - on the needs of users. And they are regulated by specially created algorithms, not developers.

Double Spend Protection
In a system protected by CryptoNote algorithms, each transaction is accompanied by a unique key. And it's impossible to use the same key twice. This protects against dishonest users or random system errors. The identity of the user who wanted to spend "double waste" is not disclosed, but the transfer is canceled.

ROAD MAP

2019 Q2-Q3:

Lakran Explorer
Lakran Web Wallet
Lakran Mobile App
Lakran Cloud Mining Service
Lakran API Integration

DEVELOPMENT TEAM

Founder, CEO: Pavel Duglas
Co-Founder, Lead Developer: Vitaliy Shabrov

WHITE PAPER

Under development.

ECOSYSTEM

Lakran Blockchain Oriented Application
Lakran World Exchange System
Cloud Mining Platform (under development)

BOUNTIES

Partly open.

You can help us to promote our coin to get more LAK on your wallet. Just ]download Lakran wallet.

You can use our Lakran Exchange to get free 100 LAK for registration and get more for trading with another cryptocurrency.

Or you can join to Telegram chat for exchange.

Or you can donate to our Lakran wallet ID:

Code:

VwVhugAKHGG9SBDoCz5MaNXRMCPXouyCebTHE5DL5cgM4UXruhDX1dr5vqYrVxHmkRjT52GBHdEdyHMVUuKchHoy1s5Fj3ZBJ

or using your BTC adress to:

Code:

1HmMcJdg9jUaDuKfUcDeS5Sjj4xX7fvz5w

DOWNLOADS

Open Source Github
]Lakran GUI Wallet Windows

LINK AND RESOURCES

Trading, Exchange:
Lakran Exchange System (trade with any 20+ cryptocurrencies)

Pools:
Main Lakran Pool

Block Explorers:
Under development

Mining applications: