Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 244. (Read 1151373 times)

Agreed. This is the most logical way forward

So!

We have a group of people who work on the reference client.
We want to work in such a way in that we are meeting the needs of the majority of stakeholders in CLAM.
There is disagreement on what exactly that work should be - if anything at all.

How do we discover what the majority of stakeholders in CLAM desire?

---

Proof-Of-Stake has a unique attribute: blocks are found and submitted by the stakeholders of CLAM.
This is different than Proof-Of-Work, where blocks are created by a separate party via computation.
This means that those who find blocks and CLAM stakeholders are the same parties.

Our form of Proof-Of-Working-Stake has a unique attribute: there is no weight.
This results in the chance to stake a block being directly proportional to our stake in the network.
This means that we can verify the share of the network that users possess as blocks are staked.

One block staked == proof of one "unit" of CLAM.

Further, our CLAMspeech system allows users to attach data to their transactions/stakes.
This means that we have a platform for users to communicate their wishes.

---

Our proof-of-working-stake system, as outlined above, in conjunction with our CLAMspeech system, can allow us to poll the opinion and desires of CLAM stakeholders.
These opinions can be weighted via individual user's stake, utilizing the network stake system itself.

---

CLAM Petitions

• Shortly, we will release detailed instructions for users to express their opinion on the direction of CLAM development.
• This process will involve attaching designated CLAMspeech messages to staked blocks.
• The protocol/process will allow multiple petitions to occur simultaneously.
• The process will be designed to allow any user to initiate a petition and seek support from other users.
• The development team will initiate and use this process to inform our efforts concerning controversial updates.

---

We are announcing the topic of the first of these petitions: the process and continuation of "digging" distribution CLAM.
In the coming days, we will announce the timing, choices and assist users in properly submitting "votes" using the process.

---

The first petition will likely be simplified - but, we see this as an enduring way forward with governance.

This process will allow the entire community to ascertain what petitions have majority support among stakeholders (and is hence likely to succeed given completed code).
The community can then proceed informed and collaborate on getting the code ready to submit to the community.

---

We invite the community to help us hone the list of choices prior to the start of the voting on this first petition.

Long Live The Great CLAM!

CLAM is a fledgling network.
It is in the network's interest that the community not be splintered over this issue.

There is no silver-bullet.
Even the development team itself is uncertain and not in agreement about the correct course of action.

There are a variety of possible choices, including doing nothing at all, which could be implemented.

---

We are volunteers who enjoy our work with CLAM.
It is important to dooglus, xploited and I that our efforts concerning development are aligned with the desires of the network.

We cannot force any user to use updated software.
This endeavor we find ourselves undertaking wasn't designed to work that way.

For this reason, over the next handful of days, we will be removing the term "official" when referring to the reference client.
The reference client is intended to be a reference for "correct" implementation of the core protocol.
It therefore is more accurate for us to refer to it as simply the "original" or "reference" client.

The reference client will undergo updates from time to time.
It is each individual user's choice to install/use these updates - or not.
As always, the version of the protocol utilized by the majority of the network stakeholders will control the chain.

This isn't new - I simply felt it was important to outline the way in which this adventure was designed to operate.
That is important.
A great deal of confusion and disagreement can be avoided by simply being clear about our ideals and intentions.

Will look again- have already gotten all of them off the ann.

Going to put the Qt on another machine to see what happens.

Look at the OP in this thread.  I believe the bootstrap there is the most recent.  It goes to 729K I believe....that's pretty new.  Download it and place it in the same folder as your wallet and then restart....still takes awhile but wont stick like it has been.

Wallet stuck on block 603044, and doesn't even show the status bar at the bottom anymore.


Unsure what to do..

If anyone has a recent bootstrap that would be really cool 

A diggers paradise right here.

I'm in favor of limiting the digging with any solution (limiting, not stopping).
I'd vote against a new coin.
If there is no good solution for limiting the digging then just let it as is.

EDIT : It's hard to believe but we are under Paycoin now (coinmarketcap) .

If the digger is using BETVIP wallet as suggested then this wallet probably belongs to CLOUDBET (who have a presence on this forum), which purchased BETVIP user base. CEO appears to be this man:

https://twitter.com/jitenmelwani

Why not just ascertain that the wallet belongs to this gaming site and approach them requesting they kindly refrain from destroying another project in the Bitcoin space, good will and PR should be valued by any business.

The market was already down close to 90% before any of these discussions took place. Last I heard the digger is only about 30% done with the wallet he's working on now. Imagine if when the digger is finally done selling off this wallet and there is no buy support to speak of... he starts digging on a second wallet? Oops. Would you continue to let the "secret clam digger" unload a second massive stash? How about a third? Didn't think so...

Maybe this 'problem of unknown supply' should have been identified at the inception of CLAM, but it wasn't. The CLAM distribution was a huge success, many people got their free CLAMS in the first 18 months. But now it needs to adapt or die, because if nothing is done this coin turns into 'Make-the-digger-stupid-rich coin' and no one will support that either.

Well, I don't know now....seems damage is done.  I would have let the market decide and let the "secret clam digger" get off his stash according to a Nash Optimization Principle instead of resorting to an obvious market manipulation technique.

Yes, but from what I can tell this is happening because of reasons beyond dooglus control. So what do you propose he do?

Assuming this must have been addressed at some point but missed it:

Is it technically possible to just reduce digging?

If it is possible, what is the reasoning against this minimal intervention to fix the problem, rather than launch a competing coin which favours some current holders of CLAM but not all?

This is why I care....Clam has lost 90% of it's value in the past two months....If my investment was merely holdings I gleaned from clicking on a faucet captcha, I would be enthusiastic at the opportunity of doubling my quarter; however, if I bought in at 0.0113 a month or so ago and now my investment is worth one tenth of  that value with very little hope of re-bounding and talks of abandoning the coin for a re-brand, I'd be upset.

He spent an afternoon building a digging service and think's hes 'the community'. Disregard that child.

`


Why do you give a shit? I'm just voicing my personal opinion. Deal with it

So, you truly think that the amazing buy support for Clam right now reflects the good decision making skills of your leader?  Are you a big investor or a dust bunny?

You're still here? 

I'm in favor of it because dooglus has proven himself time and again. What have you done besides pout, scream and cry?

This message was too old and has been purged