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Topic: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair - page 32. (Read 113581 times)

hero member
Activity: 770
Merit: 605
The last diff adjustment actually decreased a bit diff, now at  5.08471926 as opposed to 5.48902389 earlier, which is good news for all the miners!

This coin killed instamining quickly. The problem with WDC, I think, is too many instaminings at low diff, so when it hits the exchanges, big dumps from those who grabbed at low diff, thus killing the great WDC, sad  Sad.
member
Activity: 112
Merit: 10
All you need to do is check if GetBlockValue says it's a superblock, and if it isn't just skip mining it.

Then you run the LKY wallet with higher process priority than some other wallet and mine happily other coins unless there's a superblock available. You get a wonderful profitability while everyone else is down in the coal mines burning watts.
No that always shows 88

Another noob owned haha
hero member
Activity: 1426
Merit: 506
All you need to do is check if GetBlockValue says it's a superblock, and if it isn't just skip mining it.

Then you run the LKY wallet with higher process priority than some other wallet and mine happily other coins unless there's a superblock available. You get a wonderful profitability while everyone else is down in the coal mines burning watts.
No that always shows 88
hero member
Activity: 630
Merit: 500
Bitgoblin
Its to bad they don't print tons of various crap paper money and trade it around the world.
1. and how many of those coins have a value worldwide, as opposite to just in the country printing them?

2. they have a reason for doing that, and that is every country prints its own coin. They don't do it just for printing's sake, and that's why a single country never prints two different coins: it wouldn't make sense. So, these altcoins are mostly pointless, with few exceptions.
hero member
Activity: 770
Merit: 605
Let's see there are different ways to fight the instamines:

1. Use very low payout at the beginning, and only when diff reaches certain level (such as 1), then full payout.
This is the method used by DGC.

2. Use an accelerated scheme to increase diff quickly to the level that matches network hash rate with the predefined block time. This is used by LKY.

Both works, and did their job I guess.

hero member
Activity: 826
Merit: 1001
@Bit_John
Its to bad they don't print tons of various crap paper money and trade it around the world.
hero member
Activity: 826
Merit: 1001
@Bit_John
This is good, this one reduced largely the instamine.  Grin

yep!

this is the first diff adjustment scheme to reduce the instamine, it's great!

No it's not. DigitalCoin and Nibble used a better approach.

All had good approaches DGC was pretty fair this one Id say also worked

no that's impossible only one must work! other coins approaches can't work! even though nimble and DGC are like 10X the coin supply by the end of the week.

You mean it can be more than one digital currency that is ok to use?
sr. member
Activity: 560
Merit: 250
This is good, this one reduced largely the instamine.  Grin

yep!

this is the first diff adjustment scheme to reduce the instamine, it's great!

No it's not. DigitalCoin and Nibble used a better approach.

All had good approaches DGC was pretty fair this one Id say also worked

no that's impossible only one must work! other coins approaches can't work! even though nimble and DGC are like 10X the coin supply by the end of the week.
hero member
Activity: 826
Merit: 1001
@Bit_John
This is good, this one reduced largely the instamine.  Grin

yep!

this is the first diff adjustment scheme to reduce the instamine, it's great!

No it's not. DigitalCoin and Nibble used a better approach.

All had good approaches DGC was pretty fair this one Id say also worked
hero member
Activity: 840
Merit: 1000
This is good, this one reduced largely the instamine.  Grin

yep!

this is the first diff adjustment scheme to reduce the instamine, it's great!

No it's not. DigitalCoin and Nibble used a better approach.
sr. member
Activity: 476
Merit: 250
This is good, this one reduced largely the instamine.  Grin

yep!

this is the first diff adjustment scheme to reduce the instamine, it's great!
hero member
Activity: 826
Merit: 1001
@Bit_John
This is good, this one reduced largely the instamine.  Grin

yep!
hero member
Activity: 1073
Merit: 666
This is good, this one reduced largely the instamine.  Grin
sr. member
Activity: 476
Merit: 250
Looks like the diff is petty stable now at 5.5, for the last 12 hours. Even dropped a little. Which is good.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
why not you make a miner that does this, I'll love to try it out. I want to get 5888 superblock!  Cheesy
Because I'm not going to spend my time working for free on a lame altcoin.
Of course if you are going to pay, that would be a different story.


I am going to pay for it? lol, no, because I don't think it will work. If you think it will work, do it and get these superblocks and they will be sufficient to payoff you.

I am a programmer myself, I did not do this is simply because I don't think it will work.
legendary
Activity: 882
Merit: 1000
if getblockreward Huh anyone wanna finish the statement?
hero member
Activity: 630
Merit: 500
Bitgoblin
why not you make a miner that does this, I'll love to try it out. I want to get 5888 superblock!  Cheesy
Because I'm not going to spend my time working for free on a lame altcoin.
Of course if you are going to pay, that would be a different story.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
the problem is that you are not alone in the network, people (some pools) already work on this block before you started, how can you get it? It's virtually impossible.
Uh? No.
When you get notified of a new block, you start mining it.
And that's pretty much what everyone else does too.

why not you make a miner that does this, I'll love to try it out. I want to get 5888 superblock!  Cheesy
hero member
Activity: 630
Merit: 500
Bitgoblin
the problem is that you are not alone in the network, people (some pools) already work on this block before you started, how can you get it? It's virtually impossible.
Uh? No.
When you get notified of a new block, you start mining it.
And that's pretty much what everyone else does too.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
All you need to do is check if GetBlockValue says it's a superblock, and if it isn't just skip mining it.

Then you run the LKY wallet with higher process priority than some other wallet and mine happily other coins unless there's a superblock available. You get a wonderful profitability while everyone else is down in the coal mines burning watts.
How do you do it? You can't precalculate it. It depends on the previous blocks I believe.
that's what he said.
check if the next block will have a big reward, ignore it if it doesn't, and come back checking again once some else mined it.


the problem is that you are not alone in the network, people (some pools) already work on this block before you started, how can you get it? It's virtually impossible.
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