Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 156. (Read 1151252 times)

You might find people on the IRC channel (#clams on freenode) who can tell you about the roadmap. I'd be interested to know myself what plans are for the future.

That record-breaking output has only staked once more since then:


And here's an updated plot of the counts of outputs of each size over time:



Edit:

Sat Sep 3 2016, an output reached 36 CLAMs:

I just tried doing address verification to increase my daily limit. Not sure what I need to do as $2k limit is low

What do you mean by "shady"?  I use poloniex and it seems to be ok for Level 1 accounts since they do not ask for any private information other than an email address.  But yes I would not use them for their higher level accounts because I think they do require a lot of personal information.

is there like an official Slack channel or somewhere one can get the latest update for CLAM? Can't seem to locate any roadmap or status of this coin.

https://coinmarketcap.com/currencies/clams/#markets lists the size of the various CLAM exchange markets:



Almost all the volume is currently at Poloniex. They don't need any ID stuff unless you want to withdraw more than $2000 worth of coins per day - the total CLAM trading volume on Bittrex over the last 24 hours is only around half that...

I took a look at Bittrex when they first added CLAM but didn't like the site much. I can't remember exactly what my problem with it was - maybe it was just a lack of liquidity.

Thanks for informing us. Im actually about to buy some clams to add on my current on wallet. I was about to go on yobit to check the markets flow before you.

Attention CLAM buyers:

Bittrex is a better place to put your bids at.

They are far less shady and there isn't a limit for withdraws.

Poloniex requires weird ID stuff now days or you hit limits.

It would be great to start growing a bid on Bittrex.

I'm sure some do.

Just-Dice is made up of a bunch of different people from all over the world... some hodl, some dump, some gamble and the list goes on.

What are you going to build?

Why? Does 'Just Dice' dump their daily staking earnings?
[/quote]

Not at all. I'm saying crytocurrency isn't an investment. There are too many pump and dump coins. Only a few will survive. As long as just dice stays strong then clamp will survive. Just don't expect clam to be worth $100. I'm a fan of a few coins but need to look past the hype and look what will be actually used.

good stuff guys

It makes sense that if you have no use for it then the price is clearly to high for you.  But the way markets work is that you're not the only one around so ...

Anyway, it seems like if everyone felt like you then you'd be right.  However, this doesn't seem to be the case.

Cornerstone of crypto but there is no need for there to have such a change in price. If clam stays at 80 % at just dice then price will not increase.  Value will fluctuate like any currency. Crypto is not an investments it's just like trading forex. People think bitcoin will be $1 million which it never will be.

You either "get it" or you don't.

Gambling is a cornerstone of crypto.


If you don't believe me or don't get it, I don't have time to try to convince you, sorry.

What do you mean next big boom. If just dice has 80% of the coin and it's only used for gambling what value is there in it?

Headed back to $1 a coin. ()

Just-Dice.com currently has 77.73% of that amount.. down from the 78%'s.   I expect the magic number to be 80% for the next real boom.

In that case I should get it right.

Change:

  if the output size is going to be more than twice 'splitsize'

to

  if the output size is going to be at least twice 'splitsize'

If you have a 99 that stakes, you will get 25,25,25,25 (not 25,25,50, which would be the result of how I previously explained it).

In unrelated news, the JD staking wallet just made its first 34 CLAM output (starting from 100 -> 25/26 -> 27 -> 28 -> ...)

Wow dooglus, amazing explanation. I'm gonna save this post and check it everytime I forget how clam staking works  Thank you

When staking, if the output size is going to be more than twice 'splitsize' then it will add an output of size splitsize, and repeat. So if you have an output of size 100 which stakes (making 101) and splitsize=25, you will get 4 outputs (25, 25, 25, and 26).

If the output size isn't more than twice 'splitsize', it will look for other small outputs to combine with the one that is staking, aiming to make the output as big as it can, but no bigger than 'combinelimit'. So if you have a bunch of 10 CLAM outputs and one of them stakes and combinelimit=50, it will combine 4 of the 10's together and you'll end up with an output of size 41. (Combining 5 would be too much, giving 51). Since you're staking, you don't pay a transaction fee, so it's a good way of keeping the 'dust' outputs in your wallet under control without having to pay a fee to do so.

I like 25/50 because the JD staking wallet has so many CLAMs in it. Making the outputs any smaller means there are just too many of them. The client has to run through all the outputs every 16 seconds to check whether they can stake or not. If you don't have a lot of CLAMs you could safely use smaller numbers. Maybe 10 and 20.

The reason we split the outputs up is because when they stake they have to wait 500 blocks before they can start trying to stake again. I figured I was OK with 1% of the wallet's value sitting idle waiting to mature at any time. That means I want each output to take approximately 50k blocks to stake, so that the 500 blocks it takes to mature is 1% of its life. If 1100 CLAMs stake once per day (and we have 1440 blocks per day) then to stake every 50k blocks the output would need to be 1100 * 1440 / 50k = 31.68 CLAMs. So having them range from 25 to 50 is about in the right range.

Edit: here's an updated chart of the number of outputs of each size in the JD staking wallet:



The vast majority of the outputs are still 25 and 26 CLAMs, so we should be seeing less than 1% of the wallet sitting idle.

Right now, the balance is 1,454,986 of which 13,801 is idle - a little under 1%.