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Solana Memecoins

Hi, I’m a software engineer, and I’ve always been curious about creating my own token. So, I decided to give it a shot this weekend.

It’s called SnoopPot. I added a percentage fee to each transaction, which goes into a pot and is awarded in a lottery-style system every hour.

To keep the jackpot fair, we rely on solana block hashes. Here’s how it works:

  • We specify a future block slot that hasn’t been created yet
  • When that block slot is created, we use its hash to determine the lottery winner
  • Because nobody can know the exact contents of a future block in advance, it’s extremely difficult and very expensive to manipulate the outcome

I’m not super optimistic about the project, but it was a nice weekend side project to learn more about crypto and solana.

Feel free to check it out if anyone’s interested: H2nf1WqSXU4vazp7RY8vZkCY7EuCtEsbddRFzDprymsN

submitted by /u/CryptographerBig9268
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