[ANN] [DC] Dark Clam |BOUNTY ->| We need more developers. | J-D wager | - page 17.

andulolika

legendary

Activity: 2338

Merit: 1047

Quote from: thefix on February 20, 2016, 07:20:25 PM

Quote from: Panadacoin on February 20, 2016, 11:05:49 AM

We can mine this soon, or ever, or no?

Think of it like an ICO for gamblers with the proceeds going to Just dice

You would have to convert one coin into the new coin by gambling it on Just dice

If you like gambling this is the coin for you otherwise you are better off sticking with the original Clam coin.

Keep in mind the value will also likely be much less since the total available supply is going to be close to 7+ times more than the current available supply of Clams

This is just the distribution, which will eventually end, DC is proof of burning stake, check this : https://gist.githubusercontent.com/daxxog/9fe4b14946a2f0cf49c2/raw/burningstake

thefix

legendary

Activity: 1049

Merit: 1001

Quote from: Panadacoin on February 20, 2016, 11:05:49 AM

We can mine this soon, or ever, or no?

Think of it like an ICO for gamblers with the proceeds going to Just dice

You would have to convert one coin into the new coin by gambling it on Just dice

If you like gambling this is the coin for you otherwise you are better off sticking with the original Clam coin.

Keep in mind the value will also likely be much less since the total available supply is going to be close to 7+ times more than the current available supply of Clams

andulolika

legendary

Activity: 2338

Merit: 1047

Quote from: Panadacoin on February 20, 2016, 11:05:49 AM

We can mine this soon, or ever, or no?

Quote from: daxxog on February 17, 2016, 11:56:53 PM

Quote from: thefix on February 17, 2016, 01:54:24 PM

When the real coin goes live do you plan to make it POS like Clam?

The coin will first be live on the Counterparty blockchain (XCP). Later on we will move it onto the existing CLAM blockchain with my new PoBS system for rewards and a custom VM (think ETH) for all transactions. On top of that we plan on making it fully anonymous (think XMR).

So in the end you are getting the best of CLAM, XCP, ETH, and XMR all in one coin.

WTF is PoBS?
https://gist.githubusercontent.com/daxxog/9fe4b14946a2f0cf49c2/raw/burningstake

On the topic of initial XCP distribution (aka drop):
When the coin drops (very soon) we will hold a vote for everyone who claimed to see what they want to see happen. If they want to see more darkclam at maybe a lower claim rate as doog suggested, we certainly can do that. Otherwise I will burn everything that is left over and lock the asset supply until PoBS is ready.

Dank Frank

sr. member

Activity: 406

Merit: 250

Too Weird to Live. Too Rare to Die...

Quote from: binary_tree on February 20, 2016, 11:00:42 AM

How to get or claim this coin ?

Wager clams on just-dice... Read the site: http://darkclam.com/

Panadacoin

sr. member

Activity: 296

Merit: 251

We can mine this soon, or ever, or no?

binary_tree

full member

Activity: 122

Merit: 100

How to get or claim this coin ?

andulolika

legendary

Activity: 2338

Merit: 1047

Quote from: DarkClam on February 19, 2016, 04:27:49 PM

I like the way the distribution is now. Excited to see what it does once the drop. Also, should try to get it on a couple exchanges.
DarkClam2TheMooooooon Wink

i sent message to few exhanges but got ignored, ill try different ones tough.

Quote from: jpcfan on February 19, 2016, 08:15:35 PM

9.29 million darkclam claimed so far!

looking good andu

It would be updated more often than each 24h but it takes about an hour to make, so yeah it can get annoying.

jpcfan

hero member

Activity: 905

Merit: 502

I miss dooglus

Quote from: dooglus on February 14, 2016, 05:44:29 PM

I think it would make the most sense to have the distribution be ongoing, in a similar way to Bitcoin distribution, with regularly halvenings.

* The first 10 million wagered CLAMs claimed get 1 DC each.
* The 2nd 10 million wagered CLAMs claimed get 0.5 DC each.
* The 3rd 10 million wagered CLAMs claimed get 0.25 DC each.
* And so on.

That way you have a known fixed money supply of 20 million DC, you incentivize people to claim earlier rather than later, and you have an ongoing supply to keep people interested. You just pre-mine 20 million DC, keep most of them in a well-known "unclaimed" address, then everyone can see how many are still to be claimed.

that is a great idea dooglus

jpcfan

hero member

Activity: 905

Merit: 502

I miss dooglus

9.29 million darkclam claimed so far!

looking good andu

DarkClam

newbie

Activity: 51

Merit: 0

I like the way the distribution is now. Excited to see what it does once the drop. Also, should try to get it on a couple exchanges.
DarkClam2TheMooooooon Wink

andulolika

legendary

Activity: 2338

Merit: 1047

Quote from: seedtrue on February 19, 2016, 01:11:14 PM

Good luck with this andu. I unfortunately have none to claim since I do not really gamble, and when I do it was always on a throw-away anon account Undecided

We will put a bunch of votes up, you should claim even dust so atleast you can vote. Thanks

Edit: pd: ask doog for them lol.

seedtrue

legendary

Activity: 963

Merit: 1002

Good luck with this andu. I unfortunately have none to claim since I do not really gamble, and when I do it was always on a throw-away anon account Undecided

andulolika

legendary

Activity: 2338

Merit: 1047

Quote from: dooglus on February 19, 2016, 12:12:05 AM

Quote from: Bitcoininspace on February 18, 2016, 04:09:21 AM

The only way I can see this getting abused is by users playing 98.99% win chance and spamming a lot of wagered to be able to get more coins.

could the wager turn it theoretically +ev? Atleast for now?

Note that whatever percentage you play at you expect to lose 1% of the total you wager. When you win at 98.99% you profit almost nothing, and you'll hit a loss sooner or later and be almost bust.

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: Bitcoininspace on February 18, 2016, 04:09:21 AM

The only way I can see this getting abused is by users playing 98.99% win chance and spamming a lot of wagered to be able to get more coins.

Note that whatever percentage you play at you expect to lose 1% of the total you wager. When you win at 98.99% you profit almost nothing, and you'll hit a loss sooner or later and be almost bust.

andulolika

legendary

Activity: 2338

Merit: 1047

Quote from: InceptionCoin on February 18, 2016, 10:17:24 AM

As I understand this coin is just promo of just-dice?

No, i asked dooglus if he is making it, he didnt wanted so i did it, or well got someone to do it.

@thefix not to mention the hundreds of rain-catch accounts that would go even over the "deposit" proof.

InceptionCoin

member

Activity: 108

Merit: 10

As I understand this coin is just promo of just-dice?

andulolika

legendary

Activity: 2338

Merit: 1047

Quote from: thefix on February 18, 2016, 07:24:36 AM

Quote from: andulolika on February 18, 2016, 06:11:09 AM

Quote from: Bitcoininspace on February 18, 2016, 04:09:21 AM

The only way I can see this getting abused is by users playing 98.99% win chance and spamming a lot of wagered to be able to get more coins.

its still gambling but yes its kinda an abuse but its still the most fair way, read down to see why.

Quote from: CjMapope on February 17, 2016, 01:57:44 PM

Quote from: thefix on February 17, 2016, 01:54:24 PM

Quote from: andulolika on February 17, 2016, 01:29:39 PM

Quote from: daxxog on February 16, 2016, 06:34:49 PM

Total amount claimed is now live on darkclam.com. You can also sort the columns in the genesis section.

To the future!

^ our dev daxxog.

Over 9.1m claimed, this week we will drop and do a vote, after that we will normally follow our road.

That is quite a bit, and unlike the original Clam these are likely to be all claimed.

I think this distribution method is a mistake and would prefer to see the total initial supply under 500,000

It would have been nice to do a more even distribution, say 500 Dark Clam for every JD user before a certain date.

I am not clear why giving the largest gamblers the most coins is desirable.

When the real coin goes live do you plan to make it POS like Clam?

i agree with wondering if "rewarding the biggest gamblers" is best, but i hope to see the poll come of something with that
i also wonder about pos? will it be static reward? and if so, same as clam, or different? Wink

anxiously awaiting launch!

i have myself over 30 accounts, dont you think that would br an abusr too? @thefix

There will be a bunch of polls, rewarding investors will be one of them but i see no better way to do it, if its per account it can be abused easily and if its investors only it would be like doubling the clam supply but excluding anyone out of jd. I personally like it this way.

Thirty accounts seems a bit unusual and I do not think it is common practice, but I could be wrong. It would be difficult to abuse(per account reward) if the distribution date was in the past as I mentioned before.

It will be an interesting experiment no matter what is decided upon and I wish it success!

Dont underestimate people that uses bots or people that want to avoid to be seen claiming, besides there is a reason people have to do and be /public, is not doog who facilitates the data but the users themselves.

thefix

legendary

Activity: 1049

Merit: 1001

Quote from: andulolika on February 18, 2016, 06:11:09 AM

Quote from: Bitcoininspace on February 18, 2016, 04:09:21 AM

The only way I can see this getting abused is by users playing 98.99% win chance and spamming a lot of wagered to be able to get more coins.

its still gambling but yes its kinda an abuse but its still the most fair way, read down to see why.

Quote from: CjMapope on February 17, 2016, 01:57:44 PM

Quote from: thefix on February 17, 2016, 01:54:24 PM

Quote from: andulolika on February 17, 2016, 01:29:39 PM

Quote from: daxxog on February 16, 2016, 06:34:49 PM

Total amount claimed is now live on darkclam.com. You can also sort the columns in the genesis section.

To the future!

^ our dev daxxog.

Over 9.1m claimed, this week we will drop and do a vote, after that we will normally follow our road.

That is quite a bit, and unlike the original Clam these are likely to be all claimed.

I think this distribution method is a mistake and would prefer to see the total initial supply under 500,000

It would have been nice to do a more even distribution, say 500 Dark Clam for every JD user before a certain date.

I am not clear why giving the largest gamblers the most coins is desirable.

When the real coin goes live do you plan to make it POS like Clam?

i agree with wondering if "rewarding the biggest gamblers" is best, but i hope to see the poll come of something with that
i also wonder about pos? will it be static reward? and if so, same as clam, or different? Wink

anxiously awaiting launch!

i have myself over 30 accounts, dont you think that would br an abusr too? @thefix

There will be a bunch of polls, rewarding investors will be one of them but i see no better way to do it, if its per account it can be abused easily and if its investors only it would be like doubling the clam supply but excluding anyone out of jd. I personally like it this way.

Thirty accounts seems a bit unusual and I do not think it is common practice, but I could be wrong. It would be difficult to abuse(per account reward) if the distribution date was in the past as I mentioned before.

It will be an interesting experiment no matter what is decided upon and I wish it success!

andulolika

legendary

Activity: 2338

Merit: 1047

Quote from: Bitcoininspace on February 18, 2016, 04:09:21 AM

The only way I can see this getting abused is by users playing 98.99% win chance and spamming a lot of wagered to be able to get more coins.

its still gambling but yes its kinda an abuse but its still the most fair way, read down to see why.

Quote from: CjMapope on February 17, 2016, 01:57:44 PM

Quote from: thefix on February 17, 2016, 01:54:24 PM

Quote from: andulolika on February 17, 2016, 01:29:39 PM

Quote from: daxxog on February 16, 2016, 06:34:49 PM

Total amount claimed is now live on darkclam.com. You can also sort the columns in the genesis section.

To the future!

^ our dev daxxog.

Over 9.1m claimed, this week we will drop and do a vote, after that we will normally follow our road.

That is quite a bit, and unlike the original Clam these are likely to be all claimed.

I think this distribution method is a mistake and would prefer to see the total initial supply under 500,000

It would have been nice to do a more even distribution, say 500 Dark Clam for every JD user before a certain date.

I am not clear why giving the largest gamblers the most coins is desirable.

When the real coin goes live do you plan to make it POS like Clam?

i agree with wondering if "rewarding the biggest gamblers" is best, but i hope to see the poll come of something with that
i also wonder about pos? will it be static reward? and if so, same as clam, or different? Wink

anxiously awaiting launch!

i have myself over 30 accounts, dont you think that would br an abusr too? @thefix

There will be a bunch of polls, rewarding investors will be one of them but i see no better way to do it, if its per account it can be abused easily and if its investors only it would be like doubling the clam supply but excluding anyone out of jd. I personally like it this way.

Bitcoininspace

sr. member

Activity: 574

Merit: 250

The only way I can see this getting abused is by users playing 98.99% win chance and spamming a lot of wagered to be able to get more coins.

Topic: [ANN] [DC] Dark Clam |BOUNTY ->| We need more developers. | J-D wager | - page 17. (Read 25928 times)