
LottoCoin (LOT)
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About LottoCoin
LottoCoin – The winner’s choice [LOT]. LottoCoin is a p2p crypto coin based on scrypt PoW, a Litecoin descendant that uses random block features. Random coins are created per block of 256 and 65536 (256*256) coins. It also generates random superblocks where miners can win big! The Daily Super Lotto is 1,048,576 coins for the winning block. There’s also a semi-daily Lotto for 262,144 coins and an Hourly Lotto for 131,072 coins. Even at higher difficulties, there’s always a chance to hit the jackpot. LottoCoin is also a great crypto coin for playing online games.
LottoCoin offers various benefits to different users. Merchants can enjoy instant payments without fees, 100% protection from chargebacks, and instant transactions worldwide. No contracts, banks, or merchant accounts are needed. Consumers can instantly pay anyone in the world, enjoy many merchants and games, and receive their winnings instantly. No bank account or credit card is required. On the other hand, Miners can benefit from 30-second block times, random block rewards, Lotto prizes, three monthly block halvings, and a wide selection of mining pools.
LottoCoin has fast confirming transactions with 30-second block times. Difficulty retargets occur every block to prevent stripmining. Initially, there are random coin rewards between 256 and 65,536 coins per block. Superblocks, such as the Hourly Lotto, Semi-daily Lotto, and Daily Lotto, offer even higher rewards. There are four confirmations for transactions and 60 confirmations for minted blocks. The total supply of LottoCoin is approximately 18,406,979,840 coins, which can be securely stored in a Bitcoin wallet. Transaction messaging is also supported, and the payout is halved every three months, with a minimum payout of 1 coin per block.
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