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Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 221. (Read 1151373 times)

legendary
Activity: 2968
Merit: 1198
Don't you wonder that CLAM still goes down, even when the digger has revealed himself?

Being caught in a marketwide downdraft means something. Almost every coin is down today except NMC and RBY.

BTC up, pretty much everything else down.
legendary
Activity: 1049
Merit: 1001
Sorry for the giant post, but there's too much to reply to here...

Making a new coin and leaving CLAM rules unchanged does seem the fairest way to proceed. Then the people who didn't hear about CLAM yet will still have CLAM waiting for them when they finally do hear about it.

Maybe as BAC suggested we should take any discussion of "doogcoin" off this thread, like how discussion of "Bitcoin XT" was moved away from BTC forums - since it really isn't anything to do with CLAM, other than using a snapshot of the CLAM blockchain for its initial distribution.

I took a snapshot of the JD database just as CLAM block 730000 was staked. As the first multiple of 10k after the idea was proposed this seems as good a point as any. Having the snapshot point be in the past prevents any manipulation by people buying CLAM just to increase their initial allocation of "doogcoin". I checked the Poloniex charts and it appears there was no unusual trading before that point.


I know this is kind of off the table for now, I am just curious how quickly you could implement this if you found the need?

Hmmm... couldn't large investors  / holders (at the time of the snapshot) just dump that new coin down also?  

I don't see how that's a great solution.



I am mostly just interested in how quick it could happen not so much about right or wrong. It would all sort out with people using it or not much the same way people are voting for clam now with $$$
legendary
Activity: 938
Merit: 1000
Sorry for the giant post, but there's too much to reply to here...

Making a new coin and leaving CLAM rules unchanged does seem the fairest way to proceed. Then the people who didn't hear about CLAM yet will still have CLAM waiting for them when they finally do hear about it.

Maybe as BAC suggested we should take any discussion of "doogcoin" off this thread, like how discussion of "Bitcoin XT" was moved away from BTC forums - since it really isn't anything to do with CLAM, other than using a snapshot of the CLAM blockchain for its initial distribution.

I took a snapshot of the JD database just as CLAM block 730000 was staked. As the first multiple of 10k after the idea was proposed this seems as good a point as any. Having the snapshot point be in the past prevents any manipulation by people buying CLAM just to increase their initial allocation of "doogcoin". I checked the Poloniex charts and it appears there was no unusual trading before that point.


I know this is kind of off the table for now, I am just curious how quickly you could implement this if you found the need?

Hmmm... couldn't large investors  / holders (at the time of the snapshot) just dump that new coin down also?  

I don't see how that's a great solution.

legendary
Activity: 1049
Merit: 1001
Sorry for the giant post, but there's too much to reply to here...

Making a new coin and leaving CLAM rules unchanged does seem the fairest way to proceed. Then the people who didn't hear about CLAM yet will still have CLAM waiting for them when they finally do hear about it.

Maybe as BAC suggested we should take any discussion of "doogcoin" off this thread, like how discussion of "Bitcoin XT" was moved away from BTC forums - since it really isn't anything to do with CLAM, other than using a snapshot of the CLAM blockchain for its initial distribution.

I took a snapshot of the JD database just as CLAM block 730000 was staked. As the first multiple of 10k after the idea was proposed this seems as good a point as any. Having the snapshot point be in the past prevents any manipulation by people buying CLAM just to increase their initial allocation of "doogcoin". I checked the Poloniex charts and it appears there was no unusual trading before that point.


I know this is kind of off the table for now, I am just curious how quickly you could implement this if you found the need?
legendary
Activity: 1049
Merit: 1001
Not going to list or get in fights about all the things wrong with Java, there is vast amounts of information already available on that.

Regarding the floor,  I guess it depends on the rate of dumping by the dumper.



Many other factors to consider as well--- not just a single digger

Remember the Millions of coins that have not been claimed yet

We could see many more large diggers very soon or down the road.

People have to decide if they want to take the risk of supporting future large diggers.

Or, what if there isn't really any..  maybe just a bunch of lost forgotten addresses? 
Could be a very limited supply then, of clam.



Could be, it just depends on your tolerance for risk
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
All I can say is THANK YOU digger for fucking up a great coin. Now you can dump as much as you want.

If you were a bit smarter, you could have profited 10x more from CLAM but I guess greed really conquers all.
legendary
Activity: 2968
Merit: 1198
What we have seen every time in the past (AFAIK -- I wasn't around at the very beginning so I may be wrong about very early digs), including this one, is that most often diggers show up after big price increases. It may be people who are aware of their available dig but don't bother until the price goes up enough to motivate them, or people who aren't even aware of CLAM until it starts showing up on price and volume leader boards, and then figure out they have coins to dig.

So my prediction is that we will not see any more big digs until the price recovers. Of course, it is just a prediction, and could well be incorrect.

The discussion about cutting off or taxing digging may motivate more short term diggers than otherwise would have been the case though.
legendary
Activity: 938
Merit: 1000
Not going to list or get in fights about all the things wrong with Java, there is vast amounts of information already available on that.

Regarding the floor,  I guess it depends on the rate of dumping by the dumper.



Many other factors to consider as well--- not just a single digger

Remember the Millions of coins that have not been claimed yet

We could see many more large diggers very soon or down the road.

People have to decide if they want to take the risk of supporting future large diggers.

Or, what if there isn't really any..  maybe just a bunch of lost forgotten addresses? 
Could be a very limited supply then, of clam.

legendary
Activity: 1049
Merit: 1001
Not going to list or get in fights about all the things wrong with Java, there is vast amounts of information already available on that.

Regarding the floor,  I guess it depends on the rate of dumping by the dumper.



Many other factors to consider as well--- not just a single digger

Remember the Millions of coins that have not been claimed yet

We could see many more large diggers very soon or down the road.

People have to decide if they want to take the risk of supporting future large diggers.
legendary
Activity: 938
Merit: 1000
Not going to list or get in fights about all the things wrong with Java, there is vast amounts of information already available on that.

Regarding the floor,  I guess it depends on the rate of dumping by the dumper.

sr. member
Activity: 574
Merit: 250
In XEM we trust
leasing balance for forging


Sounds like a good idea,  but please; no java coins.  Wink

Thanks.


What's wrong with java. Most if not all big businesses use java server side. Far easier to code and debug a secure system than any other language out there. Also java is currently available on more devices than any other programming language.

However, how much will clam tank before we hit the floor with the price? I'm glad I sold mine at 130k sats. It hit 107k sats today, lowest it has been this year on polo.
legendary
Activity: 938
Merit: 1000
leasing balance for forging


Sounds like a good idea,  but please; no java coins.  Wink

Thanks.

sr. member
Activity: 332
Merit: 250
I like the clowns and the little dogs
staking on their own wallets is a waste of time.

I don't find this to be the case at all.
hero member
Activity: 784
Merit: 1002
CLAM Developer
Is voting still planned on going live today?
I think she was just going to post further information about what the process is going to be by today..

My apologies for the delay on announcing the specifics around the petition process.

As some of you are aware, it is a holiday in the U.S.

I have written the first draft of the announcement and disseminated it for review by other members of the development team.

I intend to find time later today to hopefully make final edits and post the announcement.

As you will see once we announce, the petition process is an ongoing process of expressing support and not a 'finite' vote.
So, no need to hold your breathe - but, I expect the wrinkles will be ironed out, agreed to and posted later today.

The included update, to make it more user-friendly to format petitions, should also include a few other features such as "CLAMnotary"(finally).

Back later.
sr. member
Activity: 271
Merit: 250
Share Love
It would be nice if it could be done just through the network (some kind of proxy staking) somehow,  again to avoid giving someone *control* (not ownership) over your clams.

I've looked at doing something like that in the past, but came to the conclusion that it's probably not a good idea. If there was some way of giving "staking rights" to a third party without also giving "spending rights", then more people would feel comfortable signing away their staking rights. That would lead to bigger staking pools. Currently JD doesn't have much competition, because it is the most trusted, and so even though smooth's pool is free, people would rather pay the 10% for "a name they can trust". If you didn't need to trust smooth, everyone would stake with him, and he'd be able to 51% the network. I think it's best for that reason not to separate "staking rights" from "spending rights", to force people to think seriously about who they trust to stake their coin.



Nxt allows leasing balance for forging and their network is running fine, at least far more decentralized than CLAM. This is something that CLAM should also implement.

Now if people withdraw from JD, most will just go directly to exchanges because staking on their own wallets is a waste of time. If leasing balance for staking becomes an option, it will also encourage people to move their coins off the exchanges.
legendary
Activity: 1316
Merit: 1000
My client wont sync anymore, tried fresh installs everything, it wont do it, what can be the problem?

Try adding these nodes:

addnode=144.76.185.69
addnode=91.232.105.11
addnode=2a01:4f8:151:6347::2
addnode=176.9.113.75
addnode=45.79.151.194
addnode=88.198.207.8
addnode=168.235.150.242
addnode=109.236.85.42
addnode=192.241.224.61
addnode=162.243.198.51
addnode=192.99.32.187
addnode=74.207.230.61
addnode=104.236.69.34
addnode=2600:3c02::f03c:91ff:fe6e:e806
addnode=159.203.117.103
addnode=203.45.89.214
addnode=199.233.246.224
addnode=5.189.139.227
addnode=23.117.142.67
addnode=86.188.104.174
addnode=75.136.69.71
addnode=93.33.144.9
addnode=109.182.159.47
addnode=151.80.33.164
addnode=86.191.255.223
addnode=52.5.155.203
addnode=99.237.87.158
addnode=213.107.69.133
addnode=91.73.255.52
addnode=2602:306:c5b4:a190:1d42:b1e5:8ad3:adcd
addnode=78.62.83.197
addnode=2605:f700:80:800::4958:58fc
addnode=2605:e000:a901:be00:ac5a:6691:f0a6:d3d7
addnode=89.164.59.191
addnode=2606:a000:8880:e900:9066:ff21:6cb8:b507
addnode=65.182.72.222
addnode=107.170.174.86
addnode=72.10.216.141
addnode=98.238.201.128
addnode=2003:89:ee36:587:6d14:c7da:ef2e:5695
addnode=188.218.135.19
addnode=91.230.202.187
addnode=31.223.129.19
addnode=125.212.124.117
addnode=188.68.49.137
addnode=185.37.86.95
addnode=141.135.135.208
legendary
Activity: 938
Merit: 1000
My client wont sync anymore, tried fresh installs everything, it wont do it, what can be the problem?
legendary
Activity: 1007
Merit: 1000
so there are 1.4mil clams worth 560k$ mostly owned by one guy who owns justdice
and a new guy, the digger, who everyone is mad at that dug another 400k or so

is that about it?

 

   Just about...   But the one guy that owns JD is just holding the clams for his friends, and the digger is selling his as fast as he can and still get a good price. 

That's he slightly more detailed version.   
member
Activity: 62
Merit: 10
liberty
so there are 1.4mil clams worth 560k$ mostly owned by one guy who owns justdice
and a new guy, the digger, who everyone is mad at that dug another 400k or so

is that about it?

 
legendary
Activity: 2968
Merit: 1198
sure.  the site http://coinmarketcap.com/currencies/views/all/ lists clams as 49th and says there are 1million clams worth 400k$

on justdice (https://just-dice.com/) there are 900k clams invested.  Almost the whole lot?
On (http://blocktree.io/richlist/CLAM) it says the top guy, with 800k clams has 5% of the total, implying 16million.
This site (http://khashier.com/chain/Clam) based on the blockchain says (i think) that there are 15.5million clams.

if they're 40cents each, that's more than $400k.  much more.  like 5 or 6 million dollars.

It is true the utility is limited by only having a few places to use clams.  But in the world of currencies, belief can become truth.
In the world period, actually.

  I wonder how often they update the active supply.

Seems to be a problem affecting multiple coins: https://bitcointalksearch.org/topic/m.13017117

I noted the issue with CLAMs on their thread as well.
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