FreeTrade (OP)
Legendary
 Offline
Activity: 1428
Merit: 1030
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July 14, 2014, 04:30:23 PM |
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So if it's 100% already distributed what's the merged mining?
So mining is better thought of as subsidized transaction processing. Transaction Processors (miners) get 1% of the ticket price and there's a small subsidy of 10 LTS too. They can merge that with their Litecoin or other scrypt coin mining too. |
Membercoin - Layer 1 Coin used for the member.cash decentralized social network. 10% Interest On All Balances. Browser and Solo Mining. 100% Distributed to Users and Developers.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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superresistant
Legendary
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Activity: 2128
Merit: 1120
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July 14, 2014, 04:42:49 PM |
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I didn't try again but does it compile properly now ?
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emrebey
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July 14, 2014, 04:44:53 PM |
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I didn't try again but does it compile properly now ?
for compiling lottoshares daemon in linux: - install the dependencies - move the txt files (they are located in the /release) to the src folder. - cd into the src and type this -> make -f makefile.unix after that, run it with ./lottosharesd (it's important for daemon to see txt files in the same directory.) |
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Gentso1
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July 14, 2014, 04:51:00 PM |
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wallet installed and synced on win 7 ultimate 64 bit without a hitch. So far so good, best of luck freetrade.
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perado
Newbie
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Activity: 59
Merit: 0
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July 14, 2014, 05:01:15 PM |
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I failed to transfer my MMC off the exchange cuz I didnt know it.It is said that the coin should have been transferred before 31 May.Will I receive any lotteshares if I transfer MMC to my wallet right now??
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FreeTrade (OP)
Legendary
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Activity: 1428
Merit: 1030
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July 14, 2014, 05:26:55 PM |
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I failed to transfer my MMC off the exchange cuz I didnt know it.It is said that the coin should have been transferred before 31 May.Will I receive any lotteshares if I transfer MMC to my wallet right now??
Some info here - http://forum.lottoshares.org/topic/6/bter-to-support-lottoshares-distribution |
Membercoin - Layer 1 Coin used for the member.cash decentralized social network. 10% Interest On All Balances. Browser and Solo Mining. 100% Distributed to Users and Developers.
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cointrader83
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July 14, 2014, 05:28:28 PM |
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When will you share some mining information?
No running pool?
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FreeTrade (OP)
Legendary
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Activity: 1428
Merit: 1030
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July 14, 2014, 05:39:55 PM |
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When will you share some mining information?
No running pool?
To process transactions (mine) use setgenerate true in your debug panel. There should be merged mining pools coming online in the next few days that allow you to merge mine LottoShares with other Scrypt based coins. |
Membercoin - Layer 1 Coin used for the member.cash decentralized social network. 10% Interest On All Balances. Browser and Solo Mining. 100% Distributed to Users and Developers.
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jukka
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July 14, 2014, 06:36:42 PM |
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I am at sharecoin and footballcoin distribution list. How can I get my LottoShares?
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Magic8Ball
Legendary
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Activity: 1050
Merit: 1000
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July 14, 2014, 07:03:57 PM |
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I count 6 distribution lists to get this coin, and I do not qualify for any. A pauper in the true sense of the word  Probably mining will net something if it stays under the radar a bit. |
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capoeira
Legendary
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Activity: 2388
Merit: 1003
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July 14, 2014, 07:06:54 PM |
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following
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lemfuture
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July 14, 2014, 07:26:38 PM |
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after reading every post, i still don't get how to get a stake; i hold btc, lost my sharecoin's at the hit and run exchange, and ofcourse bttalk user  |
1ADLcfwTofFXb95pKhebpeRkJ4WTWsvQXB
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statdude
Legendary
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Activity: 1498
Merit: 1000
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July 14, 2014, 07:28:51 PM |
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after reading every post, i still don't get how to get a stake; i hold btc, lost my sharecoin's at the hit and run exchange, and ofcourse bttalk user  |
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capoeira
Legendary
Offline
Activity: 2388
Merit: 1003
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July 14, 2014, 07:54:19 PM |
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importprivatekey
pease correct |
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kickky
Newbie
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Activity: 8
Merit: 0
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July 14, 2014, 08:02:10 PM |
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Two posts with extra-large font (and reply) removed. Please don't shout.
how do ags holders get their shares？ |
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WilderX
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July 14, 2014, 08:06:43 PM |
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LottoShares, DAC (LTS) Binaries (Wallet/Miner)(Compiled and released by testzcrypto) https://github.com/LottoShares/lottoshares/releasesParametersService: Built in lottery game, 6 of 42 Block target: 2.5 minutes Port: 6042 Proof of Work: Scrypt Merged Mining Capable Codebase: United Scrypt Coin Block Subsidy: Custom block subsidy (1 to 10 LTS) inversely related to difficulty Difficulty Retargeting: Every block with Dark Gravity Wave Total Shares: 100 Million GameLottoShares allows shareholders to use their coins to play a lottery style game, choosing 6 numbers from 42. Players can choose the size of their stake and prizes are fixed-odds - 6 numbers = 1,000,000 X stake 5 numbers = 5,000 X stake 4 numbers = 100 X stake 3 numbers = 10 X stake ProfitWhen a lottery ticket is played, the coins used as a stake are destroyed. Prizes are paid from the coinbase and provide an 85% average return. Thus as the lottery is played 15% of the total stake is destroyed, making other players richer. See Dividends 2.0 for more explanation - https://bitsharestalk.org/index.php?topic=1169.0 Hey Dev, Question: If I stake 10 LTS and get the 6 numbers right so I would WIN 10,000,000 LTS right? Can you explain where would that 10M LTS come from? They just magically appear or what? You are talking about a coinbase so is that where they come from, but won't they run out of LTS eventually with these kind of big winnings? So in short I don't understand from where are the winnings generated? I'm also confused about these contradicting statements:
When a lottery ticket is played, the coins used as a stake are destroyed.
Thus as the lottery is played 15% of the total stake is destroyed, making other players richer.So which one is it? All coins destroyed or just the 15% of the stake? |
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baby222
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July 14, 2014, 10:13:10 PM |
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nice coin
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telemaco
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July 14, 2014, 11:17:13 PM |
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Please excuse my excess of prudence but what are "in general" (not talking about this specific coin) the risks of importing your bitcoin private key on an unknown wallet?
Could that be risky?
Just wondering,
Thanks
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capoeira
Legendary
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Activity: 2388
Merit: 1003
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July 14, 2014, 11:21:32 PM |
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Please excuse my excess of prudence but what are "in general" (not talking about this specific coin) the risks of importing your bitcoin private key on an uknown wallet?
Could that be risky?
Just wondering,
Thanks
i was wondering the same thing, but since nobody seamed to have a problem with this I didn't ask |
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