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LottoCoin

LOT

LottoCoin

Algorithm:

What is LottoCoin?

LottoCoin [LOT], a p2p crypto coin based on scrypt PoW, provides random coins per block. Initially it generates a random number of coins, between 256 coins and 65536 (256*256) coins, per block. In addition, it generates randomly superblocks on per hourly basis (131072 coins per block), semi-daily (262144 coins per block) and daily super lotto (1048576 coins per block). LottoCoin is a great cyber crypto coin for games. LottoCoin has a total of about 18,406,979,840 coins. It is a descendant of Litecoin with random block features.

Release date: December 12th, 2013

Specifications

  • 30 seconds block time, Which means Fast confirming transactions
  • Difficulty retargets every block, so diff chasers cant stripmine
  • Initially random 256 - 65536 (256*256) coins per block
  • Hourly, semi-daily and daily superblocks:
  • Hourly lotto 131072 coins per block
  • Semi-daily lotto 262144 coins per block
  • Daily lotto 1048576 coins per block
  • 4 confirmations for transaction. This zap-fast 2 minutes confirmation time
  • 60 confirmations for minted blocks
  • Total coins will be around 18,406,979,840 coins
  • Premine 2%, for dev, support, bounty, and giveaway etc
  • Transaction messaging
  • The payout will be halved every 3 months. The minimum payout per block will be 1 coin.
  • Connect: 16383
  • RPC: 16384
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