The word “luck” has many meanings based on how it is used and from what point it is being viewed. Some call it luck when they hit the jackpot, which could be after winning a lottery. Others who view it from a cultural perspective relate luck to fate, karma, or divine favor, while some see objects like four-leaf clovers, rabbit’s feet, or certain numbers (like 7 or 8) for drawing luck.
From a mathematician’s point of view, luck is probability or randomness. When you toss a coin and bet on heads, you may get heads 10 times. Although it is rare, this can happen. Mathematicians call this statistics at work. However, blockchain developers saw ‘luck’ in a different way. They built LuckyCoin with the intention of rewarding the miners on a random basis. A node mining a random super lucky block could be rewarded by x2, x5, up to x58.
What is LuckyCoin?
LuckyCoin is the longest-running Meme Coin in crypto and is a direct descendant of BTC, which was launched in 2013 as an experimental blockchain. However, later on, it turned out to be the foundation for Dogecoin to be built. An interesting fact about LuckyCoin is that the network was abandoned for almost a decade before it was revived in August 2024. Block 81,743 was mined in 2013, and after 11 years, the next block, 81,744, was mined.
On LuckyCoin’s Medium blog post, it says:
“We are not here to chase trends or pump and dump. We are here to restore, build, and thrive. Luckycoin stands as a living reminder of what crypto was meant to be: fun, fair, and truly decentralized.”
LuckyCoin’s tokenomics
LuckyCoin has a maximum supply of about 20 million tokens and a circulation supply of 12 million. The block timing is 1 block per minute, while it has a halving that takes place every 100 blocks. A halving happens almost every 2.5 months (69 days approximately). During the initial days when the project was launched in 2013, the block reward was 88 coins; however, in 2025, after the halving, miners were rewarded with 5.5 coins per block, with the chance of earning more if they happened to mine the lucky block.
LuckyCoin mirrors some Bitcoin features
Bitcoin and LuckyCoin have a few similarities when they are kept next to each other. For instance, the Bitcoin creator is originally known by the pseudonym Satoshi Nakamoto, and up until this day, the organization, the person or people behind this name are yet unknown. Likewise, LuckyCoin’s creator, LuckyC, is also unidentified whether it’s an organization or a person that is referred to by the pseudonym.
LuckyCoin and Bitcoin have a deflationary supply model, with 20 million LKY and 21 million BTC, respectively.
In a deflationary supply model, the price of the token and the total supply are either fixed or increase at a very slow rate. The idea behind this model is to add more value to each unit by increasing its scarcity.
Additionally, the project aims to bring fun into mining by intertwining luck and opportunity. “Luckycoin is a project by the people, for the people.” As such, there is no venture capital, no involvement of any other third-party company, but it is the community that decides the direction of the project, similar to top blockchain networks like Bitcoin.
What happened to LuckyCoin during the Replay Attack?
In December 2024, the network suffered a replay attack. The forensic report read, “This vulnerability allowed an attacker to re-broadcast historical transactions from the legacy chain, resulting in unauthorized transfers on the live Luckycoin network.” However, in January 2025, the glitch was patched with the help of the community, with the V4 upgrade.
After the replay attack was fixed, the total holders and active holders have been on the increase since the beginning of 2025.
Collaboration Over Competition
Staying true to their ethos of collaborating over competing, the LuckyCoin made a partnership with Coinomi wallet. After the duo made this collab, they indulged in many activities that would benefit the community as a unit. Among the collaborative activities, the duo recently had an AMA over X, and thereafter, they conducted a giveaway.
