Bitcointalk Mobile Browser presented by IRLBTC™

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

Block Explorer

http://coinblockchain.com/lucky7coin/chain

http://coin-base.net/lucky7_blockcrawler/

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 **)

lucky 7, lol Grin

interesting algorithm

Quote from: dreamhouse on September 16, 2013, 05:29:21 AM

lucky 7, lol Grin

interesting algorithm

Yes it's a new algorithm

what the... someone must have big hashpower there, I don't even get rejected blocks with 2Mh/s, sucks

yes this world is unfair. I'll give up until there's a pool there Shocked

shit,the total hash > 120M

bye!you can play alone!

chinese coin again ！！！！！！！

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?

Quote from: spoid on September 16, 2013, 05:56:04 AM

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

Quote from: loveys on September 16, 2013, 05:58:39 AM

Quote from: spoid on September 16, 2013, 05:56:04 AM

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
}

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

well can more people post their connections please?

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
}

try also addnode=192.3.79.179

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

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
}

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

Quote from: spoid on September 16, 2013, 07:09:33 AM

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.

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

Page 1

Viewing Page: 1