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Topic: Altcoin luck factor for block rewards (Read 702 times)

hero member
Activity: 826
Merit: 1001
@Bit_John
May 25, 2013, 10:51:37 AM
#2
in the luckycoin thread there is a pretty deep discussion about how its being done.
hero member
Activity: 812
Merit: 505
The Last NXT Founder
May 25, 2013, 10:14:16 AM
#1
Can someone explain how the luck factor is decided for the lucky type coins around? how are they universally confirmed as being fairly found?

The only way I can think of is that it would pay more if the blocks hash was especially low (target is 0001 for 10 coins, but pays 100 if it's under 0000001). is that how they do it?
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