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Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 223. (Read 1151373 times)

sr. member
Activity: 476
Merit: 250
The boys tell me that can block access to the Internet wallet? I is a firewall, but I do not know how to set it up (I set up his friend). It seems it is called Comodo ...
legendary
Activity: 938
Merit: 1000
The staking pool is going strong, now with a balance of >7000 CLAMs, approaching 1% of the staking supply, which should allow us to stake 10+ times per day (once all the coins in the pool sufficiently mature) to ensure consistent stake rewards for pool members, plus of course helping to decentralize the network.

Thanks to dooglas for helping out on an issue with the -staketo option.

Pool thread: https://bitcointalksearch.org/topic/no-nonsense-clam-staking-pool-1200703

Nice .. its good to see some things branching off like this.

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.

legendary
Activity: 2968
Merit: 1198
The staking pool is going strong, now with a balance of >7000 CLAMs, approaching 1% of the staking supply, which should allow us to stake 10+ times per day (once all the coins in the pool sufficiently mature) to ensure consistent stake rewards for pool members, plus of course helping to decentralize the network.

Thanks to dooglas for helping out on an issue with the -staketo option.

Pool thread: https://bitcointalksearch.org/topic/no-nonsense-clam-staking-pool-1200703
member
Activity: 62
Merit: 10
liberty
don't get hung up on the specific multiples i used.  it's the theory in general.  things are worth more if they have many uses than if they have one. and it multiplies synergistically
legendary
Activity: 938
Merit: 1000
if they're worth 40cents with one useful clambiz (justdice) they'll be worth 3x that with two, and 5x that with 3.  its exponential
Why would they be worth 3x with 2 places to use clam? And why 5x with 3 places?
Because then they won't be so centralized & controlled [even though not owned] by one entity.
I'm understand that.  I'm just questioning the claim that with 2 places to use clam, the price will be worth 3x the price.

Decentralization is a very valuable "feature". 

newbie
Activity: 53
Merit: 0
if they're worth 40cents with one useful clambiz (justdice) they'll be worth 3x that with two, and 5x that with 3.  its exponential
Why would they be worth 3x with 2 places to use clam? And why 5x with 3 places?
Because then they won't be so centralized & controlled [even though not owned] by one entity.
I'm understand that.  I'm just questioning the claim that with 2 places to use clam, the price will be worth 3x the price.
legendary
Activity: 938
Merit: 1000
if they're worth 40cents with one useful clambiz (justdice) they'll be worth 3x that with two, and 5x that with 3.  its exponential
Why would they be worth 3x with 2 places to use clam? And why 5x with 3 places?

Because then they won't be so centralized & controlled [even though not owned] by one entity.

newbie
Activity: 53
Merit: 0
if they're worth 40cents with one useful clambiz (justdice) they'll be worth 3x that with two, and 5x that with 3.  its exponential
Why would they be worth 3x with 2 places to use clam? And why 5x with 3 places?
member
Activity: 62
Merit: 10
liberty
there is only one application in the world for clams, and that is justdice.
it is amazingly cool.  all the talk of staking and digging is fine

but in order to make the currency matter it needs more than one place to use the cash.

fiat currencies use taxes to make themselves relevant (u must pay the IRS in $)

bitcoin is just starting to be relevant due to people getting paid their payroll in btc and that you can spend it at dell and overstock

devote your energies to creating the next justdice if you want to make clams matter

if they're worth 40cents with one useful clambiz (justdice) they'll be worth 3x that with two, and 5x that with 3.  its exponential
legendary
Activity: 2940
Merit: 1333
The thing is that I like Clams and I might even have some addresses somewhere that I might be able to claim some Coins. I would buy some and Stake with them but what is preventing me from doing that is that there is a large number of undug Coins ready to be released onto the market and devalue the worth so I would need to wait until the majority of those Coins have already been dumped before getting in, otherwise the risk is too great.

Your addresses are worth 4.6 CLAMs whenever you dig them (according to the rules as they currently stand).

It makes no sense to delay digging them. If you dig them now, you can start staking them immediately. By this time next year you'll have almost twice as many, through staking.

If you wait until this time next year, you'll still only get 4.6 per address, even assuming the digging rules haven't changed by then.

As for stopping digging after 3 or 6 months, that's for the community to decide. Creative is putting together a system that will allow CLAM stakeholders to vote on-chain for proposals that change the CLAM consensus rules. Your proposal would be one such thing you could vote for. If it's popular enough, it will happen.
legendary
Activity: 1049
Merit: 1001
I could only stake one block in 2 weeks, with around 200 CLAM

What size stacks did you have the 200 split into?

Since he only staked once, it doesn't really matter. Even if the 200 CLAM was in a single output the one stake will have frozen it for 8 hours only, so he was still actively staking for 13.6 days of the 14.

Seems like a better option would be to split that 200 into smaller amounts say 10-15 in size and allow for a month to pass. Having a large stack locked up for 8 hours seems like a waste


It was 10 x 20 CLAM already.

8 hours? I thought the minimum stake age is 4 hours only in the code.

Anyway I wasted almost 14 days not just a few hours. The main problem I think should be the JD staking wallet is 'too powerful'.

14 days is not that bad and if you still have that wallet and didn't move any coins you should open it so the other stacks have a chance to stake.

The 8 Hours was a reference to a stake being available after 510 confirmations
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
I haven't posted much in the Clams thread but I am a fan of Clams because it has some of the best built code.

I really with you guys would stop arguing with each other over petty things, if you guys are so concerned about the digging then just fork it out. I see the same dispute over the original idea that I have always seen in that there is always someone saying that the original idea should be stuck to but the truth is that it doesn't matter because ideas change and evolve over time, what was thought to be a good idea may not be in retrospect.

So for the love of god stop arguing and blaming each other and start working together on a solution, persuade everyone why your solution is best or why it should stay as it is, take some polls and rest the matter.

https://bitcointalk.org/index.php?topic=623147.4980

A solution was offered to please both sides

I am for it or at least the option to vote on it

The thing is that I like Clams and I might even have some addresses somewhere that I might be able to claim some Coins. I would buy some and Stake with them but what is preventing me from doing that is that there is a large number of undug Coins ready to be released onto the market and devalue the worth so I would need to wait until the majority of those Coins have already been dumped before getting in, otherwise the risk is too great.

I think the best option would be to set a claim-by date within 3-6 months and then go from there.

I haven't poked my head in here for a little while. Damn it sucks that all this is going on, I hope you all can reach consensus on a proper solution to this!
legendary
Activity: 882
Merit: 1024
I haven't posted much in the Clams thread but I am a fan of Clams because it has some of the best built code.

I really with you guys would stop arguing with each other over petty things, if you guys are so concerned about the digging then just fork it out. I see the same dispute over the original idea that I have always seen in that there is always someone saying that the original idea should be stuck to but the truth is that it doesn't matter because ideas change and evolve over time, what was thought to be a good idea may not be in retrospect.

So for the love of god stop arguing and blaming each other and start working together on a solution, persuade everyone why your solution is best or why it should stay as it is, take some polls and rest the matter.

https://bitcointalk.org/index.php?topic=623147.4980

A solution was offered to please both sides

I am for it or at least the option to vote on it

The thing is that I like Clams and I might even have some addresses somewhere that I might be able to claim some Coins. I would buy some and Stake with them but what is preventing me from doing that is that there is a large number of undug Coins ready to be released onto the market and devalue the worth so I would need to wait until the majority of those Coins have already been dumped before getting in, otherwise the risk is too great.

I think the best option would be to set a claim-by date within 3-6 months and then go from there.
legendary
Activity: 1049
Merit: 1001
I haven't posted much in the Clams thread but I am a fan of Clams because it has some of the best built code.

I really with you guys would stop arguing with each other over petty things, if you guys are so concerned about the digging then just fork it out. I see the same dispute over the original idea that I have always seen in that there is always someone saying that the original idea should be stuck to but the truth is that it doesn't matter because ideas change and evolve over time, what was thought to be a good idea may not be in retrospect.

So for the love of god stop arguing and blaming each other and start working together on a solution, persuade everyone why your solution is best or why it should stay as it is, take some polls and rest the matter.

https://bitcointalk.org/index.php?topic=623147.4980

A solution was offered to please both sides

I am for it or at least the option to vote on it
legendary
Activity: 938
Merit: 1000
My previous post was about not doing updates.

That method won't work considering where the majority of clams are sitting.

Whoever made the point about who has *control* (not ownership) of clams was right.

legendary
Activity: 963
Merit: 1002
legendary
Activity: 2940
Merit: 1333
Did you remember to remove your previous scam from your alt's sig yet ?

I had nothing to do with that dice site beyond a paid signature, and you know it.


Soooo Roll Eyes  Where are your posts for that month that preceeded the damning revelations ?

If you didn't have any.. why did he/they pay you ?

Is it yet another coincidence that you, xploited and Dabs, (who btw has his own 64block scam ongoing), just happened to be there just in time to set up "the grand finale" ?

You may not have been around the gambling subforum when dicebitco.in was running, but let me remind you:

 * Just-Dice had recently shut down, leaving a big hole in the "investment dice site" market

 * Lots of people suddenly found themselves with BTC burning a hole in their pocket, and nowhere trustworthy to invest it; we were having to choose between the fancy looking new sites and PRCdice, which had its own problems at the time

 * dicebitco.in appeared from nowhere, looking very polished and professional, and offering decent signature ad payments

 * Lots of forum members started advertising for them. I ran their ad in my signature for a month myself before reconsidering

There's no coincidence here. Pick any random forum member involved in the gambling sub-forum at the time and the chances are pretty high that they ran the dicebitco.in ad for a while.
legendary
Activity: 2968
Merit: 1198
It might even be able to survive if Satoshi starts digging, since his supply is probably similar to the current whale digger.

I'm not sure he even has as many. If he mined every single block during the first year (he didn't) and never consolidated them, that would only be 50K. It is also extremely unlikely, of course, he is going to dig using his old Bitcoin private keys when he hasn't even moved his Bitcoins.

The main issue with this distribution method is that large numbers of small outputs have disproportionate value. Satoshi had no reason to create many such outputs, but other people have had reasons to do so since.
legendary
Activity: 2968
Merit: 1198
Suddenly when people start claiming / digging their Clams, as originally intended in the 'fair' distribution and the price fell accordingly (supply and demand) people start to complain and want to change the rules.

Would the situation be better or worse if the distribution had been proportional to Bitcoin holdings (like a "spin-off" described in Peter R's old thread) instead of trying to be 'fair' by giving a flat amount to each funded address? I'm a fan of Clams, but I've been skeptical of attempts to make the distribution 'fair'.

It depends on your objectives.

The spin off concept:

1. Distributes coins to many people
2. Distributes only a relatively small number of coins to most people
3. Distributes many coins to exchanges, services, etc.
4. Distributes huge numbers of coins to satoshi and other extreme early adopters
5. Is not vulnerable to insider manipulation by insiders moving coins to multiple outputs
6. Is vulnerable to insider trading if the snapshot time stamp isn't announced in advance

The per-output concept:

1. Distributes coins to many people
2. Distributes more coins to most people (assuming manipulation is limited at least)
3. Distributes many coins to exchanges, etc. in some cases (e.g. whale digger)
4. Satoshi and other extreme early adopters may still receive many coins, but comparable to some others.
5. Is vulnerable to insider manipulation by insiders moving coins to multiple outputs
6. Is vulnerable to insider trading if the snapshot time stamp isn't announced in advance

hero member
Activity: 568
Merit: 500
https://bit-exo.com/?ref=gamblingbad
You truly are a wack job.
I am me.  I control no other accounts that post here.

I am sure you don't.

*wink*
*wink*
 Roll Eyes

I seriously do hope you die during child birth and really quit libeling me.

I seriously hope you think about what you just wrote and apologise.

What kind of person says something like that?

Mostly psychopaths wants stuff like that.
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