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NewbieActivity: 19Merit: 0 [ANN] Hayekcoin | The First Proof of Luck Distribution | Crosschain Issue June 11, 2015, 01:49:36 PM

Last edit: August 14, 2015, 06:59:09 PM by HayekPay #1 Promotion Plan

We would like to provide 1% of the input doge for POL to people who can build a QQ group for promotion.

If you can do this please contact us by send email to

Good Luck.

Note:

Somebody build a qq group for promotion: 468995239 . 1% of POL input will send to this people.

The POL address will not change unless their is another group for promotion. One POL address per Group.

Good luck.





Note:

Old threads closed:

https://bitcointalk.org/index.php?topic=1076305





Days ago we launch the hayek POL. The POL luckily attract bulk input. But somebody misunderstand the formula to decrease the HAYEK compensation. They think the compensation would halved since dogecoin 738500.

infact Input*2*(1/2)^((n-738500)/20000) means the compensation will decrease slowly. Because the misunderstanding, these people bet at 100000 doge per time before the 738500 block, But after the 738500 block they found the hayek compensation decrease only a few per block.



You know, separating your coins into parts as more as possible will make you get the hayek compensation at the expect level, and if you are lucky enough you will get free hayek coins.

We analyzed all the POL data we found many people participate POL through 1000 doge per time get most the 40X and 200X reward and these people get free hayek and win bulk doge.

While, the people participate POL through 100000 doge per time donate the lottery reward pool. These people was very angry about this and they want get their dogecoin back. And some people want get their doge back and re-participate POL through small input. In these people we found one body lost 18000000 doge and get only a few dogecoins. for these people, the compensation ratio is about 3.9 which is significantly lower than the expected 8.0 times of input. Though these fact was not caused by us, make money was not my main goal. Thus we we spend about 28000000 doge to buy these expensive hayek back. the number is about 110000000 hayek.





Now, We restart the POL and we change some parameters to minimize these kinds of lost:



New Proof of Luck Dogecoin Address:

DLF8YXV2goUcqoQdxH1L8hnbnVWwauPnDg



We start super reward at POL Stage now:



If $i=1: Input*8 Dogecoins

If $i=2: Input*40 Dogecoins

If $i=3: Input*200 Dogecoins

If $i=4: Input*1000 Dogecoins (New high level)

If $i=5: Input*10000 Dogecoins (New super level)

If $i=6: Input*100000 Dogecoins (New TOP level)

but restrict to 100 Million max.

Minimum input: 1000Doge

Maximum Input: 10000Doge





HAYEK compensation fix to 2*input before the pool to 50000000DOGE

But compensation will decrease and will halved after 20000 dogecoin blocks since then







HAYEK Recycle Project





To earn dogecoin is not our first goal. We should first make the hayekcoin holder did not lost after the hayekcoin on an exchange. thus we design a HAYEK Recycle Project.

Detail of this Project

Stage One:

let the pool increased to 50000000 doge

Stage Two:

Once pool increased to 60000000 doge

10000000 doge will be spend to buy back hayek from market according the sell price, the hayek will back to the pool for giveaway again.

We think this project will significantly increase the hayekcoin price.

Stage Three:

Once the hayek price increased to 1 doge per hayek, Hayek buying from market will stopped and initiate pool increase project again,

Once the Once pool increased to 110000000 doge, 10000000 doge will be send to the hayek holders according the blockchain of hayekcoin , import your privatekey of hayekcoin to your wallet will call your dogecoin bonus back



Note:

We will never buy hayek from specific person any more.

The hayek buying project will not buy hayek from specific person.

Hayek buying may performed through exhange platform or through reverse POL program.

There is no technical difficulty to do this.



New Proof of Luck Dogecoin Address:

DLF8YXV2goUcqoQdxH1L8hnbnVWwauPnDg



https://i.imgur.com/FakFOvf.png

Introduction



Lotteryshare is a innovative cryptocurrency issued by Hayekpay cryptocoin lottery development team. We have two ambitous goals: one is to create a world biggest lottery system based on the blockchain, the other is to create a real asset backed cryptocurrency. We set the currency unit as HAYEK to memorize Prof. Friedrich Augus van Hayek who set the economical theritical ground of bitcoin. We think when we us satoshi to mark the bicoin unit, we should not forget Hayek. There should be a coin unit in hayek.



Innovation



Lotteryshare is a new type cryptocurrency. It is the first coin distributating through Proof of Luck.

Proof of Luck is based on the dogecoin blockchain, you mining Hayekcoin by send dogecoin to a specific dogecoin address, if you are lucky enough you will get more dogecoins than your input and bulk Hayek.

Post the proof of luck stage it is proof of stake.



Specifications



Block Time ：60 seconds

Total Suply ：2100000000 Coins

Yearly interest：1/1000

Dogecoin Proof of Luck Strategy: left(md5(txhash),$i)= left(md5(blockhash),$i),($i>0)

Halved period: Every 100000 dogecoin block

Hayek Produce Amount: Input*2*(1/2)^((n-758500)/100000)

Minimum input: 1000Doge

Maximum Input: 10000Doge



Note Nobody can bet with more than 10000 DOGE and Less Than 1000 DOGE.

Its illegal since NOW,if you input more than 10000 it will be considered as 10000 doge



How Proof of Luck work:



This system was based on hash collision. We know, different string have different hash. But if you lucky enough you may find two different text string have same the hash string. This was a collision. It is very difficult to find two different string have absolute same hash.

Based on this, we designed the blockchain based stock.



https://i.imgur.com/x1NgDvR.png

How to play it:



Step 1: You send DOGECOINS to address for POL :DLF8YXV2goUcqoQdxH1L8hnbnVWwauPnDg

Step 2: Blockchain will calculate the collisiong by compare the md5 hash of the txid generated by you and md5 hash of blockhash generated by miners.

If left(md5(txhash),$i)= left(md5(blockhash),$i),($i>0) you will get more dogecoins than your input the bigger $i is the more dogecoins you will have.

Step 3: Get you hayekcoin.

Where is your hayekcoin? It is in the dogecoin address which you send coins to our bet address. Import the privatekey into the hayekcoin Wallet you will get the hayekcoin in your wallet. To let you know which address you should import into hayekcoin wallet, We will send 1% of coins back to nomatter whether you get a $i>1 during collision. Once you received the coins back to you, you can call the hayek to your wallet.

Thus Note: make sure you participate the POL using your owen wallet, coins from exchange will makeyou lost all you dogecoins and get no hayek.



Downloads:

Source:

GitHub:

https://github.com/Hayekpay/lotteryshare.git



Windows:

wallet: https://mega.nz/#!O8FyiSBC!WurKtOrFQYOdgDn231bmPxEul3LZJhjdE6g_e8xjWeY





Bounty for Linux wallet & Mac wallet



Node:

Code: addnode=198.11.180.103



Community



websites:

http://www.hayekpay.com

Hayek Explorer

http://explorer.hayekpay.com

POL monitor

http://monitor.hayekpay.com

QQgroup :

Twitter:

https://twitter.com/hayekcoins

Proof of Luck Dogecoin Address:



DLF8YXV2goUcqoQdxH1L8hnbnVWwauPnDg



Lauch Time



https://www.altcoincalendar.info/coins/1709/banners/1.svg



How much Dogecoin you will win:

Mini input needed is 1000 Doge at least:

POL Stage:

If $i=1: Input*8 Dogecoins

If $i=2: Input*40 Dogecoins

If $i=3: Input*200 Dogecoins

If $i=4: Input*1000 Dogecoins (New high level)

If $i=5: Input*10000 Dogecoins (New super level)

If $i=6: Input*100000 Dogecoins (New TOP level)

but restrict to 100 Million max.

Thus it's better send no more than 10 thousands dogecoins per tx to bet when at POL stage

Advised input is 1000 Doge to 10000 Doge



Post POL Stage Your reward:

If $i=1: Input*5 Dogecoins (This level decreased )

If $i=2: Input*40 Dogecoins

If $i=3: Input*200 Dogecoins

If $i=4: Input*1000 Dogecoins (New high level)

If $i=5: Input*10000 Dogecoins (New super level)

If $i=6: Input*100000 Dogecoins (New TOP level)



Advised input is 1000 Doge to 10000 Doge

In wallet Lottery Now:

https://i.imgur.com/JOYV0SB.png[/center]



BOUNTY for Translation



10000HAYEK per language ,NO google translation plz.



Simplified Chinese translation

Indonesian translation

Spanish translation

Italian translation



Subsequent project



After the POL stage an exchange is needed. Our goal is to make the hayek coin be an asset backed coin in an interesting way. And make its price gradully increase to a ideal level.

Dogecoin Deflation Project:

POST POL stage:

1% of dogecoins will be destroyed for each bet-input by sending dogecoins to address without privatekey.



Dogecoin Acknoledgement and Coorpration Project





Wallet dogecoin address list related to the pool( new one will be added if there is, so that you can monitor the pool operation):

DFzYTUZthBfACvLgNFMmDcyCGzr4CnZ9LA

DLF8YXV2goUcqoQdxH1L8hnbnVWwauPnDg We would like to provide 1% of the input doge for POL to people who can build a QQ group for promotion.If you can do this please contact us by send email to admin@hayekpay.com Good Luck.Somebody build a. 1% of POL input will send to this people.The POL address will not change unless their is another group for promotion. One POL address per Group.Good luck.Days ago we launch the hayek POL. The POL luckily attract bulk input. But somebody misunderstand the formula to decrease the HAYEK compensation. They think the compensation would halved since dogecoin 738500.infact Input*2*(1/2)^((n-738500)/20000) means the compensation will decrease slowly. Because the misunderstanding, these people bet at 100000 doge per time before the 738500 block, But after the 738500 block they found the hayek compensation decrease only a few per block.You know, separating your coins into parts as more as possible will make you get the hayek compensation at the expect level, and if you are lucky enough you will get free hayek coins.We analyzed all the POL data we found many people participate POL through 1000 doge per time get most the 40X and 200X reward and these people get free hayek and win bulk doge.While, the people participate POL through 100000 doge per time donate the lottery reward pool. These people was very angry about this and they want get their dogecoin back. And some people want get their doge back and re-participate POL through small input. In these people we found one body lost 18000000 doge and get only a few dogecoins. for these people, the compensation ratio is about 3.9 which is significantly lower than the expected 8.0 times of input. Though these fact was not caused by us, make money was not my main goal. Thus we we spend about 28000000 doge to buy these expensive hayek back. the number is about 110000000 hayek.Now, We restart the POL and we change some parameters to minimize these kinds of lost:HAYEK compensation fix to 2*input before the pool to 50000000DOGEBut compensation will decrease and will halved after 20000 dogecoin blocks since thenTo earn dogecoin is not our first goal. We should first make the hayekcoin holder did not lost after the hayekcoin on an exchange. thus we design a HAYEK Recycle Project.Detail of this Projectlet the pool increased to 50000000 dogeOnce pool increased to 60000000 doge10000000 doge will be spend to buy back hayek from market according the sell price, the hayek will back to the pool for giveaway again.We think this project will significantly increase the hayekcoin price.Once the hayek price increased to 1 doge per hayek, Hayek buying from market will stopped and initiate pool increase project again,Once the Once pool increased to 110000000 doge, 10000000 doge will be send to the hayek holders according the blockchain of hayekcoin , import your privatekey of hayekcoin to your wallet will call your dogecoin bonus backWe will never buy hayek from specific person any more.The hayek buying project will not buy hayek from specific person.Hayek buying may performed through exhange platform or through reverse POL program.There is no technical difficulty to do this.is a innovative cryptocurrency issued by Hayekpay cryptocoin lottery development team. We have two ambitous goals: one is to create a world biggest lottery system based on the blockchain, the other is to create a real asset backed cryptocurrency. We set the currency unit as HAYEK to memorize Prof. Friedrich Augus van Hayek who set the economical theritical ground of bitcoin. We think when we us satoshi to mark the bicoin unit, we should not forget Hayek. There should be a coin unit in hayek.is a new type cryptocurrency. It is the first coin distributating through Proof of Luck.Proof of Luck is based on the dogecoin blockchain, you mining Hayekcoin by send dogecoin to a specific dogecoin address, if you are lucky enough you will get more dogecoins than your input and bulk Hayek.Post the proof of luck stage it is proof of stake.Block Time ：60 secondsTotal Suply ：2100000000 CoinsYearly interest：1/1000Dogecoin Proof of Luck Strategy: left(md5(txhash),$i)= left(md5(blockhash),$i),($i>0)Halved period: Every 100000 dogecoin blockHayek Produce Amount: Input*2*(1/2)^((n-758500)/100000)Minimum input: 1000DogeMaximum Input: 10000DogeThis system was based on hash collision. We know, different string have different hash. But if you lucky enough you may find two different text string have same the hash string. This was a collision. It is very difficult to find two different string have absolute same hash.Based on this, we designed the blockchain based stock.Step 2: Blockchain will calculate the collisiong by compare the md5 hash of the txid generated by you and md5 hash of blockhash generated by miners.If left(md5(txhash),$i)= left(md5(blockhash),$i),($i>0) you will get more dogecoins than your input the bigger $i is the more dogecoins you will have.Step 3: Get you hayekcoin.Where is your hayekcoin? It is in the dogecoin address which you send coins to our bet address. Import the privatekey into the hayekcoin Wallet you will get the hayekcoin in your wallet. To let you know which address you should import into hayekcoin wallet, We will send 1% of coins back to nomatter whether you get a $i>1 during collision. Once you received the coins back to you, you can call the hayek to your wallet.Thus Note: make sure you participate the POL using your owen wallet, coins from exchange will makeyou lost all you dogecoins and get no hayek.Bounty for Linux wallet & Mac walletMini input needed is 1000 Doge at least:If $i=1: Input*8 DogecoinsIf $i=2: Input*40 DogecoinsIf $i=3: Input*200 DogecoinsIf $i=4: Input*1000 Dogecoins (New high level)If $i=5: Input*10000 Dogecoins (New super level)If $i=6: Input*100000 Dogecoins (New TOP level)but restrict tomax.Thus it's better send no more than 10 thousands dogecoins per tx to bet when at POL stageAdvised input is 1000 Doge to 10000 DogeIf $i=1: Input*5 Dogecoins (This level decreased )If $i=2: Input*40 DogecoinsIf $i=3: Input*200 DogecoinsIf $i=4: Input*1000 Dogecoins (New high level)If $i=5: Input*10000 Dogecoins (New super level)If $i=6: Input*100000 Dogecoins (New TOP level)Advised input is 1000 Doge to 10000 DogeIn wallet Lottery Now:10000HAYEK per language ,NO google translation plz.Simplified Chinese translation https://bitcointalk.org/index.php?topic=1076976 10000 hayek for zxbballIndonesian translation https://bitcointalk.org/index.php?topic=1077442.0 10000 hayek for iqlimasyadiqaSpanish translation https://bitcointalk.org/index.php?topic=1080978.0 10000 hayek for freemind1Italian translation https://bitcointalk.org/index.php?topic=1082482 10000 hayek for GicpiglioAfter the POL stage an exchange is needed. Our goal is to make the hayek coin be an asset backed coin in an interesting way. And make its price gradully increase to a ideal level.POST POL stage:1% of dogecoins will be destroyed for each bet-input by sending dogecoins to address without privatekey.DFzYTUZthBfACvLgNFMmDcyCGzr4CnZ9LADLF8YXV2goUcqoQdxH1L8hnbnVWwauPnDg