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Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 172. (Read 1151252 times)

hero member
Activity: 784
Merit: 1002
CLAM Developer
I have a question - I deposited some clam into my wallet. a few months later, I sent that balance to another address and it said the transaction came from a new address. how is this possible? does my wallet have multiple addresses, or does it change the address regularly? I had one address a few months ago, and now I have a different one. Confusing.

When coins are received, they are received in a single 'output' at the address they were sent to.  
That 'output' is a single unit.  

When you make a transaction, every 'CLAM' of that output must be accounted for - not just the amount you are sending.  
For this reason, even if you send a single 0.00000001 'clamoshi', the entire output must be spent.  
So, the remainder, the 'extra', the 'change' is sent to a different address you control.  
This is likely what happened in your situation.  

Receive 10 CLAM at address 'A'.
Send 1 CLAM to address 'X'.
The other 9 CLAM goes to address 'B', your change address (9 + 1 = 10).
Now, all your CLAM is at address 'B', a different address from the one they were sent, initially, to.

Send another 1 CLAM to address 'Z':

"Why did the CLAM come from address 'B', and not 'A'?"

Edit for clarity: 
The entire 'output' doesn't actually have to be sent to an address, though I left this out to keep it simple.
Any amount not accounted for actually goes to fee.
full member
Activity: 176
Merit: 100
I have a question - I deposited some clam into my wallet. a few months later, I sent that balance to another address and it said the transaction came from a new address. how is this possible? does my wallet have multiple addresses, or does it change the address regularly? I had one address a few months ago, and now I have a different one. Confusing.
legendary
Activity: 2968
Merit: 1198
So if miners are paid in Clam then the reason its going down without a end in sight is paying Miners is expensive and without new money coming in the value will further go down til the bottom ??

The reason the price is going down (you don't know with or without end as that would require knowing the future) is declining interest in the value proposition here. Staking inflation could explain some price decline (only a few percent per month though), but the market cap is dropping as well.
legendary
Activity: 2940
Merit: 1333
So if miners are paid in Clam then the reason its going down without a end in sight is paying Miners is expensive and without new money coming in the value will further go down til the bottom ??

Assuming the market cap stays constant, any increase in the total supply of CLAM should result in a corresponding decrease in the price per unit.

1 million CLAM worth $1 each gives a market cap of $1 million.
2 million CLAM worth $0.50 each also gives a market cap of $1 million.

In the absence of any reason for the market cap to change each doubling in supply should see a corresponding halving in price per unit.

And that's not a bad thing, since each doubling in supply also corresponds to a doubling in each staker's holdings.

SuperClam's point is key here. CLAM inflation is different from USD inflation. In CLAM the inflation is shared between the stakers. With USD the inflation isn't shared out, it goes to the people who are lending new dollars into existence.

Edit: with the exception of digging, of course. But digging is limited.

I forgot the reason I came back to this thread... I wanted to post an updated digging chart, so here it is:

full member
Activity: 177
Merit: 100
So if miners are paid in Clam then the reason its going down without a end in sight is paying Miners is expensive and without new money coming in the value will further go down til the bottom ??
legendary
Activity: 2968
Merit: 1198
Clamcoin shits 1440 new coins every day for ever.

A number which will eventually become insignificant when the total supply becomes large enough.

With 50- or 100-million coins, would 1440 coins/day (roughly half a million per year) matter at all? I think not. In practice an appropriate equilibrium will be reached sooner.



1,440 new coins per day is the same regardless of if there is 1 million coins or 100 million coins. 

The number is the same. Its significance is not the same.

Quote
The only thing that will matter will be the exchange rate and I imagine that will be significant... or none existent by that point.

On that I agree.
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
Clamcoin shits 1440 new coins every day for ever.

A number which will eventually become insignificant when the total supply becomes large enough.

With 50- or 100-million coins, would 1440 coins/day (roughly half a million per year) matter at all? I think not. In practice an appropriate equilibrium will be reached sooner.



1,440 new coins per day is the same regardless of if there is 1 million coins or 100 million coins. 

The only thing that will matter will be the exchange rate and I imagine that will be significant... or none existent by that point.
legendary
Activity: 2968
Merit: 1198
Clamcoin shits 1440 new coins every day for ever.

A number which will eventually become insignificant when the total supply becomes large enough.

With 50- or 100-million coins, would 1440 coins/day (roughly half a million per year) matter at all? I think not. In practice an appropriate equilibrium will be reached sooner.

legendary
Activity: 2338
Merit: 1047
Clamcoin shits 1440 new coins every day for ever. Call it what you will. Digging was attacked because the current holders weren't making money off it, but the true problem of Clamcoin is fine because the holders are currently earning off of it solidly. Grossly greedy... but it was like that from the start so who am I to complain.

Clam will not and can not survive unless it is linked to endless shitting fiat. Bitcoin can not and will not fill empty voids forever.


Sorry but i dont think its a bad thing to earn of something, im pretty sure you earned your cut, also im sure that most of the holders right now are in a pretty bad position. Im sure CLAM will get in much better shape soon after people releases their services and the chain gets tuned.

Hmm such a nice number, 1440.
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
Clamcoin shits 1440 new coins every day for ever. Call it what you will. Digging was attacked because the current holders weren't making money off it, but the true problem of Clamcoin is fine because the holders are currently earning off of it solidly. Grossly greedy... but it was like that from the start so who am I to complain.

Clam will not and can not survive unless it is linked to endless shitting fiat. Bitcoin can not and will not fill empty voids forever.

hero member
Activity: 784
Merit: 1002
CLAM Developer
in the long term the inflation will be too high, resulting in a low value of CLAM, so people will be less inclined to use it.
Is there any evidence from the altcoin domain to support this assertion?
Cheers
Graham
Inflation is relatively high in clam but if enough people use clam it will not be high enough that the price goes down

Inflation doesn't exist in CLAM; at least not in the conventional way in which most people conceptualize 'inflation'. 
 
Given that newly minted CLAM are distributed to staking (hence, holding) users, 'expansion' might be more accurate. 
 
Though it is indeed an increase in the total supply, and thus should still result in downward pressure on 'price', it does not dilute actively staking users. 
 
In fact, as long as a non-zero number of CLAM are not staking:
Holding and staking CLAM should be 'deflationary' in nature; given that holding users should experience an increase in their proportion of the money supply. 
 
Here again, 'deflation'/'inflation' aren't very apt terms.
legendary
Activity: 2940
Merit: 1333
Just wondering, does your aproximation include the commission?

It's not an approximation, it's actually how much per 100 CLAMs each "/offsite 0" investor made over the last several weeks. And yes, that's after commission.

Here's a list of the investment size of account 976231 after commission each week:

Quote
Mon Oct 19 2015                     23142.48717637
Mon Oct 26 2015    + 226.40509273 = 23368.89226910 (0.9783%)
Mon Nov  2 2015    + 207.23810108 = 23576.13037018 (0.8868%)
Mon Nov  9 2015    + 208.65419562 = 23784.78456580 (0.8850%)
Mon Nov 16 2015    + 203.74346416 = 23988.52802996 (0.8566%)
Mon Nov 23 2015    + 215.66343868 = 24204.19146864 (0.8990%)
Mon Nov 30 2015    + 200.40935278 = 24404.60082142 (0.8279%)
Mon Dec  7 2015    + 180.01305401 = 24584.61387543 (0.7376%)
Sun Dec 13 2015    + 165.69484490 = 24750.30872033 (0.6739%)
Mon Dec 21 2015    + 171.60692263 = 24921.91564296 (0.6933%)
Mon Dec 28 2015    + 169.85418698 = 25091.76982994 (0.6815%)
Mon Jan  4 2016    + 172.80868643 = 25264.57851637 (0.6887%)
Mon Jan 11 2016    + 178.97915255 = 25443.55766892 (0.7084%)
Mon Jan 18 2016    + 178.50195933 = 25622.05962825 (0.7015%)
Mon Jan 25 2016    + 174.16418401 = 25796.22381226 (0.6797%)
Mon Feb  1 2016    + 171.02100885 = 25967.24482111 (0.6629%)
Mon Feb  8 2016    + 173.95023625 = 26141.19505736 (0.6698%)
Mon Feb 15 2016    + 184.07515667 = 26325.27021403 (0.7041%)
Mon Feb 22 2016    + 200.75766131 = 26526.02787534 (0.7626%)
Mon Feb 29 2016    + 173.78059061 = 26699.80846595 (0.6551%)

It should match the previous numbers I showed. You should also be able to find each week's total in the corrresponding weekly investor report.
legendary
Activity: 2338
Merit: 1047
i am extremely interested in buying clam and investing portion of it in JD as i believe there is something in this coin after the digger issue got settled

i would look in to buying some coins once i get my btc in which is in a span of few days

Today its up and i Hope good days are coming for clams Smiley
Remember that future digs may happen yet i still believe its a good investment which could be vastly improved if users spend their energy for the coin instead of against(when themselves are part of it).
how many clams you need to stake ? and how many stake you get and how long before getting stake ?
thanks for the info
Tecnically you can stake with any amount, yet it will depend if you stake solo or in a pool, 1 clam per stake 1 stake per minute. Investing in j-d or a site alike will help you avoiding the staking solo variance yet it has a small fee (10%).
can you send a link off that site to invest ? is it safe to use ? im mining since yesterday clam so wanna have some more information thanks for the answers !
Reading the thread helps but check just-dice.com , you can ask questions in chat but id strongly recommend you to check FAQ first.
full member
Activity: 154
Merit: 100
☜★ WinBits Trade ★☞
i am extremely interested in buying clam and investing portion of it in JD as i believe there is something in this coin after the digger issue got settled

i would look in to buying some coins once i get my btc in which is in a span of few days

Today its up and i Hope good days are coming for clams Smiley
Remember that future digs may happen yet i still believe its a good investment which could be vastly improved if users spend their energy for the coin instead of against(when themselves are part of it).
how many clams you need to stake ? and how many stake you get and how long before getting stake ?
thanks for the info
Tecnically you can stake with any amount, yet it will depend if you stake solo or in a pool, 1 clam per stake 1 stake per minute. Investing in j-d or a site alike will help you avoiding the staking solo variance yet it has a small fee (10%).
can you send a link off that site to invest ? is it safe to use ? im mining since yesterday clam so wanna have some more information thanks for the answers !
legendary
Activity: 2338
Merit: 1047
i am extremely interested in buying clam and investing portion of it in JD as i believe there is something in this coin after the digger issue got settled

i would look in to buying some coins once i get my btc in which is in a span of few days

Today its up and i Hope good days are coming for clams Smiley
Remember that future digs may happen yet i still believe its a good investment which could be vastly improved if users spend their energy for the coin instead of against(when themselves are part of it).
how many clams you need to stake ? and how many stake you get and how long before getting stake ?
thanks for the info
Tecnically you can stake with any amount, yet it will depend if you stake solo or in a pool, 1 clam per stake 1 stake per minute. Investing in j-d or a site alike will help you avoiding the staking solo variance yet it has a small fee (10%).
full member
Activity: 154
Merit: 100
☜★ WinBits Trade ★☞
how many clams you need to stake ? and how many stake you get and how long before getting stake ?
thanks for the info
legendary
Activity: 1190
Merit: 1024
i am extremely interested in buying clam and investing portion of it in JD as i believe there is something in this coin after the digger issue got settled

i would look in to buying some coins once i get my btc in which is in a span of few days

Today its up and i Hope good days are coming for clams Smiley
legendary
Activity: 2338
Merit: 1047
I think that people are selling up to buy ETH and other ETH related Alts.
I assume that is the case anyway, the price kind of sucks at the moment though.

The amount invested in JD seems high still, so hopefully not too much invested money is moving out too.
Eth is the shitties shitcoin out there, clam is going down because all these fuckers bitching and making people negative with their negativity, that makes people sell hence price going lower, many just-dice users that want a new shitcoin or btc (thing that i believe and hope that wont happen) keep preaching that clam has nothing to offer when few months backwards they were all licking the ass of clam and enjoying price skyrocketing, or well i guess i could say just licking the clam lol.
I think CLAM has a bright future as always, but people doesnt bother to speak about it anymore, it may need services, but you cannot say it has no services, slowly eventually after clam gets rid of its "weak hands" and whoever profited enough and wants a next coin to pump.

There was atleast a couple services under developement for clam, instead of bitching about the price and generate more panic those kind of users should just move away.

I think clam is low just because the digger spreaded fear between the whales hence why the price being keept low( or atleast it looks that way for me.) Also take count for gods sake that most of the trades and specially the big ones are done off-market.

Ps: Nufcrichard all this is not because you wrote that (specifically)but for the general senseless negativity im seeing in last months.
legendary
Activity: 1918
Merit: 1018
in the long term the inflation will be too high, resulting in a low value of CLAM, so people will be less inclined to use it.

Is there any evidence from the altcoin domain to support this assertion?

Cheers

Graham


Inflation is relatively high in clam but if enough people use clam it will not be high enough that the price goes down
legendary
Activity: 2338
Merit: 1047
About how much would he get with 100,  per day on JD ?

I can tell you how much he would have got per 100 per week on JD over some recent weeks:

  Jan  4 2016     0.69
  Jan 11 2016     0.71
  Jan 18 2016     0.70
  Jan 25 2016     0.68
  Feb  1 2016     0.66
  Feb  8 2016     0.67
  Feb 15 2016     0.70
  Feb 22 2016     0.76
  Feb 29 2016     0.66

So about 0.1 per day. Or 10 days per whole CLAM.

That's a little worse than my 8.333 day estimate for solo-staking, but that calculation could easily have been that much off because there's no accurate way of knowing how many CLAMs are actually trying to stake.
Just wondering, does your aproximation include the commission?
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