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Topic: [ANN] LuckyCoin LKY | Lucky Blocks | Fast | Fun | Fair - page 38. (Read 113266 times)

member
Activity: 112
Merit: 10
There's no possible 'random' method of determining block rewards. Whatever mechanism you have in place will be cheated to hell in back. Just like with junkcoin.

^^ This. And of course, that is something that OP knows and have used to pre-mine the first 500 blocks VERY profitably.. DERP!

The guy who said that was an idiot. If you base the block reward on something that can't be known ahead of time reasonably, like the previous block's hash, it can't be cheated.
this idiot uses a simple random number generator to determie block rewards. guess what happens when i remove that and just return max block reward instead?

i will be posting an altered client that gets 5k coin rewards every time, in the next hour or so. this coin is trash and needs to die.

Hate Hate Hate..... do it hazard that would be amazing! Challenge accepted your tarnished rep is now on the line.....again.
my tarnished rep?

if these coins are open to such simple vectors of attack, they have no business existing. mining resources should not be wasted on them. etc. if i dont do it, someone else will come along and do it. thats how the world works.

why are you still talking your hour is running up, please do it, even though everyone would have to change their wallet, your such a dumbass it's so funny. The maker of scam coins spewing Swedes cum, did you guys finally take a break with each others dicks in your mouths?
hero member
Activity: 826
Merit: 1001
@Bit_John
There's no possible 'random' method of determining block rewards. Whatever mechanism you have in place will be cheated to hell in back. Just like with junkcoin.

^^ This. And of course, that is something that OP knows and have used to pre-mine the first 500 blocks VERY profitably.. DERP!

The guy who said that was an idiot. If you base the block reward on something that can't be known ahead of time reasonably, like the previous block's hash, it can't be cheated.
this idiot uses a simple random number generator to determie block rewards. guess what happens when i remove that and just return max block reward instead?

i will be posting an altered client that gets 5k coin rewards every time, in the next hour or so. this coin is trash and needs to die.

Hate Hate Hate..... do it hazard that would be amazing! Challenge accepted your tarnished rep is now on the line.....again.
my tarnished rep?

if these coins are open to such simple vectors of attack, they have no business existing. mining resources should not be wasted on them. etc. if i dont do it, someone else will come along and do it. thats how the world works.

know why good coins like btc and ltc havent been attacked? because its not possible.

I simply was saying make it happen do it break the coin....show us our foolery.
member
Activity: 224
Merit: 10
ok our pool just hit its first 188 block. Now I am addicted lol.

http://luckycoinpool.com/

Im in this pool with 1300khs how much will I get from that block?

You will get twice as much from that block as you would from a regular block.

With 1300khs at diff 4 you should generate around 500 coins per day.  Difficulty will adjust approximately every 4 hours either up or down depending on the network hash rate.

thanks
legendary
Activity: 980
Merit: 1000
There's no possible 'random' method of determining block rewards. Whatever mechanism you have in place will be cheated to hell in back. Just like with junkcoin.

^^ This. And of course, that is something that OP knows and have used to pre-mine the first 500 blocks VERY profitably.. DERP!

The guy who said that was an idiot. If you base the block reward on something that can't be known ahead of time reasonably, like the previous block's hash, it can't be cheated.
this idiot uses a simple random number generator to determie block rewards. guess what happens when i remove that and just return max block reward instead?

i will be posting an altered client that gets 5k coin rewards every time, in the next hour or so. this coin is trash and needs to die.

Hate Hate Hate..... do it hazard that would be amazing! Challenge accepted your tarnished rep is now on the line.....again.
my tarnished rep?

if these coins are open to such simple vectors of attack, they have no business existing. mining resources should not be wasted on them. etc. if i dont do it, someone else will come along and do it. thats how the world works.

know why good coins like btc and ltc havent been attacked? because its not possible.
member
Activity: 98
Merit: 10
ok our pool just hit its first 188 block. Now I am addicted lol.

http://luckycoinpool.com/

Im in this pool with 1300khs how much will I get from that block?

You will get twice as much from that block as you would from a regular block.

With 1300khs at diff 4 you should generate around 500 coins per day.  Difficulty will adjust approximately every 4 hours either up or down depending on the network hash rate.
what about the current diff? It should be stabilized I hope.

Difficulty just went up to 5.27.  More people are pointing their rigs at this coin apparently.
hero member
Activity: 826
Merit: 1001
@Bit_John
There's no possible 'random' method of determining block rewards. Whatever mechanism you have in place will be cheated to hell in back. Just like with junkcoin.

^^ This. And of course, that is something that OP knows and have used to pre-mine the first 500 blocks VERY profitably.. DERP!

The guy who said that was an idiot. If you base the block reward on something that can't be known ahead of time reasonably, like the previous block's hash, it can't be cheated.
this idiot uses a simple random number generator to determie block rewards. guess what happens when i remove that and just return max block reward instead?

i will be posting an altered client that gets 5k coin rewards every time, in the next hour or so. this coin is trash and needs to die.

Hate Hate Hate..... do it hazard that would be amazing! Challenge accepted your tarnished rep is now on the line.....again.
sr. member
Activity: 476
Merit: 250
ok our pool just hit its first 188 block. Now I am addicted lol.

http://luckycoinpool.com/

Im in this pool with 1300khs how much will I get from that block?

You will get twice as much from that block as you would from a regular block.

With 1300khs at diff 4 you should generate around 500 coins per day.  Difficulty will adjust approximately every 4 hours either up or down depending on the network hash rate.
what about the current diff? It should be stabilized I hope.
legendary
Activity: 980
Merit: 1000
There's no possible 'random' method of determining block rewards. Whatever mechanism you have in place will be cheated to hell in back. Just like with junkcoin.

^^ This. And of course, that is something that OP knows and have used to pre-mine the first 500 blocks VERY profitably.. DERP!

The guy who said that was an idiot. If you base the block reward on something that can't be known ahead of time reasonably, like the previous block's hash, it can't be cheated.
this idiot uses a simple random number generator to determie block rewards. guess what happens when i remove that and just return max block reward instead?

i will be posting an altered client that gets 5k coin rewards every time, in the next hour or so. this coin is trash and needs to die.
member
Activity: 98
Merit: 10
ok our pool just hit its first 188 block. Now I am addicted lol.

http://luckycoinpool.com/

Im in this pool with 1300khs how much will I get from that block?

You will get twice as much from that block as you would from a regular block.

With 1300khs at diff 4 you should generate around 500 coins per day.  Difficulty will adjust approximately every 4 hours either up or down depending on the network hash rate.
member
Activity: 83
Merit: 10
i stop finding my wallet adress on the pool list... y was mining 2/8 LKY for each share but it stoped... ? ? ?
sr. member
Activity: 448
Merit: 250
http://lky.scryptmining.com  Stratum based, similar front-ends to most non-p2pool's, but a custom PPS payout system that will pay out like a p2pool so you can easily see where your coins are going and not wonder if your getting everything you should be via PPLNS!

Blocks are trickling in but could use some more miners!   Thanks to those already mining.
hero member
Activity: 826
Merit: 1001
@Bit_John
ok our pool just hit its first 188 block. Now I am addicted lol.

http://luckycoinpool.com/

Im in this pool with 1300khs how much will I get from that block?

depends on your shares for that round but would be 2.136 more than you normally get
member
Activity: 112
Merit: 10
Warned you guys before don't support BigVern he is a greedy asshole who will let his hash get to 60% of a coin like he did with WDC and not do anything about it. If you like supporting assholes who destroy coins go ahead and support his shitty pools.

I support vern because he takes care of his people great pools and hes straight up. Everything his community askes for he gives us. WDC pool grew so big because it was a great pool like all his other pools. There is so much garbage out there his wasnt giving crap tons of orphans so people mined it. He also ONLY takes donations on his pools no fees ever. I think cryptsy also has pretty low fees for an exchange.

Don't have a problem with you either but no need to bash vern.

His pools have always had low hash rate. The problem is he did nothing to help WDC, in fact he could of destroyed it a few times with over 60% hashrate of the total network. The fact that he ignored this and did nothing about it shows his lack of concern for the "people" who he helps so much.

End of the day it's your choice I just wouldn't support an asshole like that.
member
Activity: 224
Merit: 10
ok our pool just hit its first 188 block. Now I am addicted lol.

http://luckycoinpool.com/

Im in this pool with 1300khs how much will I get from that block?
hero member
Activity: 826
Merit: 1001
@Bit_John
Warned you guys before don't support BigVern he is a greedy asshole who will let his hash get to 60% of a coin like he did with WDC and not do anything about it. If you like supporting assholes who destroy coins go ahead and support his shitty pools.

I support vern because he takes care of his people great pools and hes straight up. Everything his community askes for he gives us. WDC pool grew so big because it was a great pool like all his other pools. There is so much garbage out there his wasnt giving crap tons of orphans so people mined it. He also ONLY takes donations on his pools no fees ever. I think cryptsy also has pretty low fees for an exchange.

Don't have a problem with you either but no need to bash vern.
member
Activity: 112
Merit: 10
Warned you guys before don't support BigVern he is a greedy asshole who will let his hash get to 60% of a coin like he did with WDC and not do anything about it. If you like supporting assholes who destroy coins go ahead and support his shitty pools.
full member
Activity: 896
Merit: 102
I started mining this on a P2Pool I like my odds much better with only about 1K blocks mined than 40,000 like other coins. I mined other coins too and by the time I stopped orphaning there were millions of coins made, so far this has been the best for me.
full member
Activity: 154
Merit: 100
I forgot where I put my wallet.dat
ok our pool just hit its first 188 block. Now I am addicted lol.

http://luckycoinpool.com/

Aye, lets hit another one please. Wink
hero member
Activity: 826
Merit: 1001
@Bit_John
nope seems pretty stable and functional actually. http://luckycoinpool.com has been up since release and we have grabbed 17 blocks and so far only one lucky block and its the 5%er our hashrate is growing fast so now Ill be pinned to the monitor waiting to see what else we dig up lol.
member
Activity: 112
Merit: 10

16k coins is "ultra-instamine" now?  Would be nice.

You don't seem to get it. Only a few people got in on the early instamine = ultra-instamine. Majority of the coins right now are only in a few hands. The 16k was just an example, others got way more I'm sure.

Other coins like WDC were an instamine too but the difficulty didn't go up as fast so more got in on it.

Like I said, DigitalCoin and Nibble used a good approach to combat this and LuckyCoin could have done the same.

that 16k will be worth nothing when difficulty adjusts back to normal levels and every 4 hour re-targets and everybody starts earning a decent amount of coins. I'd rather have a bot get 16k coins than millions and by the time I can start mining the diff is too high to get anything.

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