be careful !!!!





https://bitcointalk.org/index.php?topic=295157.0;all


Lucky7Coin (LK7)

It is a PoW/PoS coin with a completely new algorithm to compute superblocks. Lucky7Coin is in the family of PPCoin/Novacoin with latest available algorithms that fixed various problems in the recent PoW/PoS coins. As compared to the PoW only coins, the proof of stake coins are more resilient to 51% attack. Also it is a long term energy-efficient cryptocurrency.

Lucky7Coin provides superblocks based on the number of lucky "7"s in the previous block hash. The block payout is determined as follows:
- the hash contains six 7s or less: 77 coins per block
- the hash contains seven or eight 7s: 777 coins per block
- the hash contains nine or more 7s: 7777 coins per block

The 777-coins block occurs approximately 3-8% and 7777-coins block occurs approximately 0.5-2%, depends on the blockchain "luck". So have fun and hope for best of the luck of 7s!

Lucky7Coin also provides 5% annual interest on the coins held. The interest is paid about every 2 weeks.

No Premine.



Specifications

   - 60 seconds block target
   - scrypt
   - 77 coins per block for normal blocks
   - 777 or 7777 coins per block for super blocks depends on the number of lucky 7s
   - Difficulty retargets every block
   - mining payout will be halved every half year (259200 blocks)
   - mining coins per block will not be lower than 1 coin per block
   - Expected total mined coins will be 99,792,000 coins
   - 7 confirmations for transaction
   - 77 confirmations for minted blocks
   - Total coins (hard limit): 500 millions

   - Ports:
      connection 17777
      RPC 17778