Luckycoin

About Luckycoin

Luckycoin is recognized as the oldest and first memecoin in crypto as a PoW Layer 1 blockchain. Launched in 2013, Luckycoin's codebase was used by Dogecoin to fork into what is now a $60 billion marketcap meme culture phenomenon. After a period of several years, Bitcoin developers found a way to revive Luckycoin in August 2024 with blocks up to 81,743 restored from a Bitcointalk file.Luckycoin was the first meme to introduce a "lucky" mining rewards system for miners, adding a fun and innovative Highlight/Vision: Luckycoin is a UTXO-based layer 1 blockchain that utilizes the Scrypt mining algorithm. One block is mined per minute, with a halving every 100,000 blocks or 69 days. Miners have a chance of mining 2x, 5x and 58x the base block reward. Token Economics: There is no utility for Luckycoin. Luckycoin is a memecoin and a historical piece of crypto history. Technical Overview: Block rewards: - Currently 22 LKY per block - 5% chance to get 2x the normal reward _44 LKY_ - 1% chance to get 5x the normal reward _110 LKY_ - 0.01% chance to get 58x the normal reward _1276 LKY_ - Halving every 100,000 blocks or ~69 days Token Allocation: PoW, mineable token with halvings every 69 days _100,000 blocks_