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Author Topic: [ANN] [2ND GEN] Luacoin - first coin written in Lua  (Read 8310 times)
Dr. Lua
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December 28, 2014, 03:54:18 PM
Last edit: December 29, 2014, 02:51:35 PM by Dr. Lua
 #1

Specs:
Specs:
Algo: Modified X11.
Blocktime: 1 minute
Difficulty retarget: every 100 blocks
Coins per block: 10
Total coins: 100'000'000 coins
Smooth block halving from 10 at start to 0.1 at the end of POW in 2030.
Coin distribution: 2% premine, rest is POW.

Algo:
Just like X11 it uses same 11 hash functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo), yet every 3 rounds it will use random hash function, in a way similar to Quark algo.

Description:
First coin written in Lua programming language. It will have simple source code, wallet interface will be web-based. Also coin will have plugin API which will allow you to extend coin client.
Other planned features:
Ability to connect through TOR and I2P
Transaction messages
Suggestions welcome.

IPO & premine:
2% premine. 1% for bounties. 1% of the coin will be sold to promote development. IPO will be announced later.

Exchanges:
Coming soon.

Services:
Coming soon.
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KeyserSozeMC
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December 28, 2014, 03:55:04 PM
 #2

LUA? :O My fav script language Smiley

Hey, smexy. Don't waste your time. Time's precious.
ldp5500
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December 28, 2014, 03:55:29 PM
 #3

Please elaborate
anhpt192
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December 28, 2014, 03:56:15 PM
 #4

X11 modified, i like it!
ocminer
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December 28, 2014, 03:57:40 PM
 #5

Will Look when source is available

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Shadow_Runner
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December 28, 2014, 04:00:20 PM
 #6

5% premine, 10 coins per block.
NO, thanks.
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December 28, 2014, 04:00:40 PM
 #7

block reward:10?

wisnon
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December 28, 2014, 04:01:23 PM
Last edit: December 28, 2014, 04:13:31 PM by wisnon
 #8

5% premine. = 500000 blocks!
Pre-production of 347 days to dig!
Huge pre-dug, I go! Cheesy
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December 28, 2014, 04:08:34 PM
 #9

5% premine. = 50000 blocks!
Pre-production of 347 days to dig!
Huge pre-dug, I go! Cheesy

no, you were wrong, it's 500000 blocks

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December 28, 2014, 04:13:10 PM
 #10

5% premine. = 50000 blocks!
Pre-production of 347 days to dig!
Huge pre-dug, I go! Cheesy

no, you were wrong, it's 500000 blocks

Yes, I edited! lol
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December 28, 2014, 04:29:54 PM
 #11

No,thanks

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December 28, 2014, 04:51:38 PM
 #12

Smooth block halving from 10 at start to 0.1 at the end of POW in 2030.

Something strikes in my mind. I'll elaborate it later.
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December 28, 2014, 05:20:29 PM
 #13

Any more details , when this coin will be launched ?
hardroad
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December 28, 2014, 05:21:51 PM
 #14

Huge premine Sad

Equate
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December 28, 2014, 05:32:14 PM
 #15

Reduce premine and post more information , any roadmap . OP looks monotonous .
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December 28, 2014, 05:53:03 PM
 #16

We expect more information and if possible a better presentation that will help bring interested. Of course recompença believe should be increased to at least 50 to 100 coins per block.

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December 28, 2014, 06:07:30 PM
 #17

LUA scares me too much

not hashing, folding and curing (check FLDC merged-folding! reuse good GPUs)
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December 28, 2014, 06:12:45 PM
 #18

logo? or something more info about it  Huh
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December 29, 2014, 12:19:14 PM
 #19

cmon guys.... you dont trust a newbie dev account with a such a huge premine ?? you are evil!  Cheesy or now we know.. !  Wink
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December 29, 2014, 12:30:21 PM
 #20

another scammer with huge pre-mine ipo.....  what they think us..... good bye
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