💰 Ɉunkenomics — The Economics of Ɉunkcoin (ɈKC)
Introduction
Junkcoin (JKC) is a cryptocurrency that originated in 2013 as a fork of Litecoin. Unlike many altcoins of its era, Junkcoin introduced an innovative mechanic: lottery-style mining rewards, where lucky miners could randomly receive multiplied block rewards. This added a layer of unpredictability and excitement to traditional proof-of-work mining.
In January 2025, Junkcoin received its most significant core upgrade to date. This update modernized the protocol, introduced a new halving model for long-term supply control, preserved its historical lottery system, improved performance, and reaffirmed its mission: to make crypto fun, accessible, and experimental again.
The New Emission & Halving Model
Prior to 2025, Junkcoin’s halving schedule was fixed at 1,051,200 blocks (approximately every 2 years). Under the new model introduced at block 262,800, halvings occur more frequently in the beginning, then gradually stretch out to ~1.5 years per halving cycle.
Full Halving Schedule
| Halving Period | Block Height | Reward (JKC/block) | Est. Date | Total Emissions |
|---|---|---|---|---|
| Genesis → Block 262,800 | — | 50.00 JKC | Pre-Jan 2025 | 1,329,450.40 |
| 1st Halving | 262,800 | 25.00 JKC | Jan 2025 | 3,315,854 |
| 2nd Halving | 394,200 | 12.50 JKC | Apr 2025 | 3,315,854 |
| 3rd Halving | 657,000 | 6.25 JKC | Oct 2025 | 3,315,854 |
| 4th Halving | 1,182,600 | 3.125 JKC | Oct 2026 | 2,487,033 |
| 5th Halving | 1,971,000 | 1.5625 JKC | Apr 2028 | 1,253,517 |
| 6th Halving | 2,759,400 | 0.78125 JKC | Oct 2029 | 622,908 |
| Final Halving | 3,547,800 | 0.390625 JKC | Apr 2031 | 311,415 |
🎰 The Legendary Lottery System
This beloved mechanic remains untouched.
Mini Jackpot (1% chance): 3x normal reward
Mega Jackpot (0.01% chance): 20x normal reward
⛏️ Early Miner Bonus (2024)
Higher rewards for the first four days of the restart.
Day 1: 500 JKC/block
Day 2: 200 JKC/block
Days 3-4: 100 JKC/block
Mining Specs
Block Time: 1 minute per block.
Difficulty Adjustment: Uses DigiShield, recalculating difficulty every block to keep block times consistent.
Developer Zone
Junkcoin is open-source and welcomes developers, tinkerers, and crypto historians alike. Dive into the codebase to explore the lottery logic, fork the latest core, or contribute to Junkcoin’s ecosystem.
Explore GitHub RepositoryConclusion
Junkcoin’s new economic model merges its original playful nature with sustainable economics. With controlled halvings, lasting mining incentives, and a rich community-driven development environment, JKC stands tall as one of crypto’s most creative and long-running experiments.
Welcome to the junkyard!