Re: [ANN][TKT] Ticketcoin - New Lottery Mining - X11 - NINJA

Quote from: proletariat on July 03, 2015, 09:47:54 PM

TRY THIS GUYS

https://github.com/ticketcoin/ticketcoin/blob/master/src/main.cpp#L992

Ticketcoin.conf

Code:

lottomining=1

I've hit a couple of those but they do take a while because it is a 1 in 50 chance.

I can't read code but I think I'm right on this one - just tried without that argument and the stakes are way way smaller but more frequent.

**EDIT** GUESS I WAS WRONG.....IDK

Adding lottomining=1 to the conf file gives you a 1/50 chance of finding a a POS block; or rather from what I read in the code; 49 on average are "discarded at random" based on whether the nonce matches the random number generated.

The payout is 100x if you hit it. Now; one would say: Well that makes sense: 1/50 chance with 100x payout, no brainer. But... you could get a 100x lucky lotto POS block payout on a small low age POS block (coin age and coin tx amount); meaning your lucky winner could be a low POS reward. Ive had it, with lottomining=1 on, have POS rewards from 20 TKT to almost 300 depending on coin tx size and age.

Excluding the lottomining=1 in the conf file pays out block by block with no discards; except orphans.

I ran it without for a few days, then with for now. I'll then export just to see how the "days" compare in terms of total POS rewards.

Also; you run the risk of hitting a big POS block, like 300 TKT reward, and it orphans. So theres a lot of variables in terms of the "luck".

But no doubt a very interesting feature not used by any other coins. So it may be a building block to a future fork on this coin or new coins down the road.

Regardless, price is going up... and holding. So I'm staking for now.