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Merit: 1024









LegendaryActivity: 1330Merit: 1024 LottoShares - Dice 0% Edge - 80LTS Airdrop to all DOGE owners July 14, 2014, 03:50:39 PM

Last edit: September 03, 2014, 09:27:22 AM by FreeTrade #1 LottoShares, DAC (LTS)









Binaries (Wallet/Miner)

(Compiled and released by testzcrypto)

https://github.com/LottoShares/lottoshares/releases



Parameters

Service 1: Built in lottery game, 6 of 42

Service 2: Built in dice game, 0% Edge



Block target: 40 seconds

Port: 6042

Proof of Work: Scrypt Merged Mining Capable

Codebase: United Scrypt Coin

Block Subsidy: Custom block subsidy (0.25 to 2.25 LTS) inversely related to difficulty

Difficulty Retargeting: Every block with Dark Gravity Wave

Total Shares: 100 Million



Lottery Game

LottoShares allows shareholders to use their coins to play a lottery style game, choosing 6 numbers from 42.



Players can choose the size of their stake and prizes are fixed-odds -



6 numbers = 1,000,000 X stake

5 numbers = 5,000 X stake

4 numbers = 100 X stake

3 numbers = 10 X stake



Users can play tickets from the 'Play' tab. Make sure all 6 numbers played are different and the stake must be .00001000 or greater.



To check the numbers drawn, wait for the ticket to be included in a block, then a few seconds later the results should be shown beside the transaction. Average time about 30 seconds.



Dice Game

The dice game allows players to wager on the roll of a 1024 sided dice, numbers 1 to 1024.



A range of bets are allowed from the very unlikely Snowball (Roll a 1), payout X1024, to the very likely (Roll from 1 to 1023), payout ~1.001%



Stake must be .00001000 or greater.



To check the numbers drawn, wait for the bet to be included in a block, then a few seconds later the results should be shown beside the transaction. Average time about 30 seconds.



Distribution



(These coins are available to be played immediately)

20% Bitcoin - Each of the top 1,000,000 Bitcoin addresses received 20 LTS in the genesis block. (Block 302,000)

20% Dogecoin - Each of the top 250,000 Dogecoin addresses received 80 LTS in the genesis block. (Block 232,000)



(These coins are vested, and mature over a period starting 2 months from launch, finishing 14months after launch)

10% distributed to MemoryCoin (MMC) holders (Block #39,983)

10% distributed to ProtoShares (PTS) holders (Block #65,959)

10% distributed to AngelShares (AGS) holders (End of May 2014)

8.0% Devs for ongoing development and maintenance

6.6% FootballCoin - 7080 coins to each of the users on the distribution list (80 coins available for use immediately)

10.9% ShareCoin - 7080 coins to each of the users in the inital distribution (80 coins available for use immediately)

4.5% gifted to btctalk users, exchanges, crypto projects, bloggers (80 coins available for use immediately)



Any coin not moved from the genesis block become invalid after 2 years



More detailed information here

http://forum.lottoshares.org/topic/11/lottoshares-distribution





Claiming

How to claim:

http://forum.lottoshares.org/topic/12/how-to-claim-your-lts



Please remember, if importing your wallet or private key - move your funds to a new wallet first.



Profit

When a lottery ticket is played, the coins used as a stake are destroyed.

Prizes are paid from the coinbase and provide an 85% average return.

Thus as the lottery is played 15% of the total stake is destroyed, making other players richer.

See Dividends 2.0 for more explanation -



Proof of Work

The Proof of Work is scrypt merged mined. It can be merged mined with any primary scrypt coin - Litecoin, Dogecoin etc.



Launch

Start time: 1405288888 (07 / 13 / 14 @ 10:01:28pm UTC)

First 24hr (576 blocks) blocks contain minimum 1 LTS subsidy



Custom Command Line Options

-logblock=1 (for extra log files with tickets, draw numbers, income statements)

-autoplay=1 -autoplayseconds=120 -autoplayamount=100000000 (to autoplay a ticket with random numbers every x seconds)



Source

Based on the United Scrypt Coin code base, used for Scrypt Merged Mining Capability

https://github.com/LottoShares/lottoshares



Block Explorer

http://www.blockexperts.com/lts

http://lottoshares.42tx.com/



Exchanges

https://bter.com/trade/lts_btc

http://dacx.nhzcrypto.org/



Total Available Supply

http://lottoshares.42tx.com/supply



Websites

(coming soon)



Forum

http://forum.lottoshares.org/



Pools

(Merge Mine CasinoCoin and LottoShares)



ScreenShots





How to play







Check your winnings







(Compiled and released by testzcrypto)Service 1: Built in lottery game, 6 of 42Service 2: Built in dice game, 0% EdgeBlock target: 40 secondsPort: 6042Proof of Work: Scrypt Merged Mining CapableCodebase: United Scrypt CoinBlock Subsidy: Custom block subsidy (0.25 to 2.25 LTS) inversely related to difficultyDifficulty Retargeting: Every block with Dark Gravity WaveTotal Shares: 100 MillionLottoShares allows shareholders to use their coins to play a lottery style game, choosing 6 numbers from 42.Players can choose the size of their stake and prizes are fixed-odds -6 numbers = 1,000,000 X stake5 numbers = 5,000 X stake4 numbers = 100 X stake3 numbers = 10 X stakeUsers can play tickets from the 'Play' tab. Make sure all 6 numbers played are different and the stake must be .00001000 or greater.To check the numbers drawn, wait for the ticket to be included in a block, then a few seconds later the results should be shown beside the transaction. Average time about 30 seconds.The dice game allows players to wager on the roll of a 1024 sided dice, numbers 1 to 1024.A range of bets are allowed from the very unlikely Snowball (Roll a 1), payout X1024, to the very likely (Roll from 1 to 1023), payout ~1.001%Stake must be .00001000 or greater.To check the numbers drawn, wait for the bet to be included in a block, then a few seconds later the results should be shown beside the transaction. Average time about 30 seconds.(These coins are available to be played immediately)20% Bitcoin - Each of the top 1,000,000 Bitcoin addresses received 20 LTS in the genesis block. (Block 302,000)20% Dogecoin - Each of the top 250,000 Dogecoin addresses received 80 LTS in the genesis block. (Block 232,000)(These coins are vested, and mature over a period starting 2 months from launch, finishing 14months after launch)10% distributed to MemoryCoin (MMC) holders (Block #39,983)10% distributed to ProtoShares (PTS) holders (Block #65,959)10% distributed to AngelShares (AGS) holders (End of May 2014)8.0% Devs for ongoing development and maintenance6.6% FootballCoin - 7080 coins to each of the users on the distribution list (80 coins available for use immediately)10.9% ShareCoin - 7080 coins to each of the users in the inital distribution (80 coins available for use immediately)4.5% gifted to btctalk users, exchanges, crypto projects, bloggers (80 coins available for use immediately)Any coin not moved from the genesis block become invalid after 2 yearsMore detailed information hereHow to claim:Please remember, if importing your wallet or private key - move your funds to a new wallet first.When a lottery ticket is played, the coins used as a stake are destroyed.Prizes are paid from the coinbase and provide an 85% average return.Thus as the lottery is played 15% of the total stake is destroyed, making other players richer.See Dividends 2.0 for more explanation - https://bitsharestalk.org/index.php?topic=1169.0 The Proof of Work is scrypt merged mined. It can be merged mined with any primary scrypt coin - Litecoin, Dogecoin etc.Start time: 1405288888 (07 / 13 / 14 @ 10:01:28pm UTC)First 24hr (576 blocks) blocks contain minimum 1 LTS subsidy-logblock=1 (for extra log files with tickets, draw numbers, income statements)-autoplay=1 -autoplayseconds=120 -autoplayamount=100000000 (to autoplay a ticket with random numbers every x seconds)Based on the United Scrypt Coin code base, used for Scrypt Merged Mining Capability http://lottoshares.org/ (coming soon) http://merged.xram.co/ (Merge Mine CasinoCoin and LottoShares)How to playCheck your winnings

No buying/selling posts on this thread please. No buying/selling posts on this thread please. HODLCoin ANN - 5% Interest. No Staking Req. Term Deposits 10%. Solo Mining. http://hodlcoin.com/