Ticketcoinhttp://i.imgur.com/Seo5mZ4.pngTicketcoin is the first ever coin to debut a new form of PoW and PoS mining named Lottery Mining. You can mine as normal and get the standard reward of 250 TKT. Or you can mine using the new lottomining mode. With lottomining you have a 1 in 50 chance of finding a valid block then you will be rewarded with a 100 times multiplier being applied to your reward for a block. For PoW it is the same as a 25,000 TKT reward or for PoS it would be 500% interest. There is a risk to doing this though. You have a 1 in 50 chance of it being invalid! So you must decide if you want to take the risk or not.
The technical details for how lottomining works is as so. In the reward code it runs the current block through a random number generator. If the random number matches then you get the extra reward. If the random number doesn't match though then the reward should be normal. Since the transaction for receiving rewards is set to 25000 TKT it won't be valid. And changing the transaction will change the block hash. Pools are recommended to try creating a lottomining pool seperate from their normal pool so that prospective miners can try winning the lottery! Lottomining also applies to PoS to yield higher interest at the risk of finding less blocks and thus less TKT.
To use lottomining, just place lottomining=1 in your configuration file
Specs:Algorithm: X11 POW/POS
Ticker: TKT
Approximate Max PoW Coins without lottomining: ~2,520,000 TKT
PoS Starts on Block 10080, about 7 days of PoW mining
5% Annual Interest
0.5% premine
RPC Port: 7998
Wallets:GitHubWindows walletvirustotal checkThere is a minor problem with the windows wallet. When you run it the first time it crashes. If you run it again though it works fine. I'm working to fix this issue.
addnode=45.56.64.32
Exchanges:C-CexEmpoEXCryptotradeBlock Explorer:http://cryptobe.com/chain/TicketCoinLottery mining pools:These pools are less likely to find blocks but when they do the reward will be 100 times more than normal!
https://tktlto.suprnova.cchttps://tkt.minerpools.comhttps://tkt.coin-miners.info/ Normal mining pools: ipoMiner (direct port 3601)
Suchpool SuprnovaLater plans:There will be a lottery site setup so people can participate in lotteries with Ticketcoin, Dogecoin, Bitcoin, and more. In the beginning stages this will use a portion of the premine to seed the lottery and for development and marketing. More details for this will be released later.