Q: Is Luckycoin a memecoin?
A: Luckycoin offers no utility and was instead described by
original creator LuckyC as 'Fast, Fun & Fair' with a playful
introduction on the Bitcoin Talk forums.
Q: Is Luckycoin the oldest active memecoin?
A: Potentially, yes. Luckycoin predates Dogecoin and although the
concept of memecoins wasn't prevalent in May 2013 it could be
argued that because Luckycoin offers no utility and was created
for fun, it is a memecoin.
Q: Why is Luckycoin significant?
A: It's a living piece of crypto history, predating many major
events and coins in the cryptocurrency timeline.
Q: Who is behind the Luckycoin revival?
A: A community of passionate volunteers who believe in preserving
a piece of blockchain history. Come and chat to us in Telegram.
Q: What is the supply?
A: Luckycoin's total supply will be roughly 19.4 million coins, depending
on the amount of Lucky Blocks that will be found. Approximately 8
million coins were mined in 2013, and the remaining 12 million
coins are being mined from 2024 onwards.
Q: What are the tokenomics?
A: Luckycoin rewards halve every 100k blocks (or ~69 days). Rewards started at
88 coins per block in 2013 with a random chance to get a higher
reward. In April 2025, rewards halved to 5.5 coins per block.
Q: How does Luckycoin relate to Dogecoin?
A: Luckycoin's code formed the basis for Dogecoin, making it a
crucial part of memecoin history and and important part of
Dogecoin's lineage.
Q: Can I still mine Luckycoin?
A: Yes, you can merge mine Luckycoin alongside Dogecoin and Litecoin with Scrypt ASICs.
Q: What's unique about Luckycoin's revival?
A: We continued the original 2013 chain, including its genesis
block, bridging an 11-year gap instead of restarting from zero.
Q: What are Luckycoin's key features?
A: 1-minute block times, halving every 100k blocks (~69 days), ~19.4 million
total supply, and the unique "Lucky Block" system offering random
higher rewards.
Q: What are 'Lucky Blocks'?
A: Luckycoin was one of the earliest cryptocurrencies to offer
random rewards, specifically: 5% chances 2 times the normal coins
(i.e. if normal is 88 coins, you get 176 coins) - 1% chances 5
times the normal coins - 0.01% chance 58 times the normal coins
Q: Ok cool, where can I buy Luckycoin and sow some luck?
A: Luckycoin can currently be bought on the following exchanges:
Q: Once bought, how do I self custody those precious coins?
A: Luckycoins can be safely stored on Desktop with the recommended official Luckycoin Core Wallet client.
For a those who seek a better UI/UX and easier access there is the Chrome Extension Wallet
or the option to store your $LKY on the very popular multi-coin mobile wallet Coinomi.
Q: I heard the Luckycoin network has suffered a replay attack. Is it safe now?
A: Yes! It's absolutely safe now.
Luckycoin suffered a major replay attack late December last year. It got patched January 29th, 2025 with the release of V4.
Q: What is a replay attack? What happened?
A: A replay attack can happen when there are 2 chains that share an identical history. This means an address containing 10 LKY on chain A
has the same 10 LKY on chain B. When they spend those coins in a transaction on chain A, the same transaction would also be valid on chain B
unless chain B has replay protection which would render chain A's signatures invalid on chain B and vice versa.
The new Luckycoin CTO Team, that took over after the attack, has released an extensive report on this for the public, which can be found
here.