Author

Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 263. (Read 1151252 times)

hero member
Activity: 724
Merit: 500
The majority so far want to leave it as is and I respect that and will even rally behind it. There is clearly a lot of passion in the community, a little discontent but not much. So i'll keep trying to come up with ideas and present them here for discussion as a healthy community should. If anything I think this brings together and more tight-knit than before. Thanks for the feedback everyone and keep it coming.  Even if you're against an idea generally but see value in a certain aspect of it.

Smooth thanks for mentioning your service, I will be taking advantage of that in future. Also I am against the idea of off-site deals with this digger unless they are handled professionally and inclusive of any other wallets in his possession. You would not want to hand over 500 BTC and have the guy immediately start digging on another wallet, just as massive as the first.
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
As a Clam holder I would appreciate ending the digging process. Especially since it has been a while. People who are interested in Alt-coins probably have heard of clams by now. The end of digging could bring more interest and money into the coin.

Is it possible to prevent further digging though? Isn't digging just using a previously unused private key to move coins. So to prevent that we would have to remove the ability to send coins which were initially distributed but have yet to be moved?
Yes, and as a bitcoin holder I would like it if they stopped block rewards. We can stop staking for clams too.

The whole point of clams is that they were fairly distributed, just because some have taken longer than others to dig theirs, it doesn't mean they shouldn't be able to.


I agree that stopping the digs altogether is not the best solution.

What about a halving of the Dig rewards in May 2016 (2 years from the launch date) as indicated in the previous page?

We can expand this further that every subsequent halving would be twice the number of years as the previous one.

The dig rewards would look like this:


May 2014 - 4.6
May 2016 - 2.3
May 2020 - 1.15
May 2028 - 0.575
May 2044 - 0.2875
May 2076 - 0.14375
May 2140 - 0.071875

How about we take your coins and cut them in half next year instead.

Save CLAM by leaving it the fuck alone.

^ Second.

Here here!
legendary
Activity: 2968
Merit: 1198
As a Clam holder I would appreciate ending the digging process. Especially since it has been a while. People who are interested in Alt-coins probably have heard of clams by now. The end of digging could bring more interest and money into the coin.

Is it possible to prevent further digging though? Isn't digging just using a previously unused private key to move coins. So to prevent that we would have to remove the ability to send coins which were initially distributed but have yet to be moved?
Yes, and as a bitcoin holder I would like it if they stopped block rewards. We can stop staking for clams too.

The whole point of clams is that they were fairly distributed, just because some have taken longer than others to dig theirs, it doesn't mean they shouldn't be able to.


I agree that stopping the digs altogether is not the best solution.

What about a halving of the Dig rewards in May 2016 (2 years from the launch date) as indicated in the previous page?

We can expand this further that every subsequent halving would be twice the number of years as the previous one.

The dig rewards would look like this:


May 2014 - 4.6
May 2016 - 2.3
May 2020 - 1.15
May 2028 - 0.575
May 2044 - 0.2875
May 2076 - 0.14375
May 2140 - 0.071875

How about we take your coins and cut them in half next year instead.

Save CLAM by leaving it the fuck alone.
legendary
Activity: 2968
Merit: 1198
  c. some kind of decay in value of undug CLAMs over time

This already exists. If you dig and stake, your CLAMs increase by about 4% per month currently.

Assuming you have a sufficient number to actually stake, due to the lottery-style staking.

You can stake in a pool. I've been offering to stake for people at no fee whatsoever (in order to try to decentralize the network from the current situation where JD has the vast majority of the stake), which will generate reasonably consistent daily income.
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
As a Clam holder I would appreciate ending the digging process. Especially since it has been a while. People who are interested in Alt-coins probably have heard of clams by now. The end of digging could bring more interest and money into the coin.

Is it possible to prevent further digging though? Isn't digging just using a previously unused private key to move coins. So to prevent that we would have to remove the ability to send coins which were initially distributed but have yet to be moved?
Yes, and as a bitcoin holder I would like it if they stopped block rewards. We can stop staking for clams too.

The whole point of clams is that they were fairly distributed, just because some have taken longer than others to dig theirs, it doesn't mean they shouldn't be able to.


I agree that stopping the digs altogether is not the best solution.

What about a halving of the Dig rewards in May 2016 (2 years from the launch date) as indicated in the previous page?

We can expand this further that every subsequent halving would be twice the number of years as the previous one.

The dig rewards would look like this:


May 2014 - 4.6
May 2016 - 2.3
May 2020 - 1.15
May 2028 - 0.575
May 2044 - 0.2875
May 2076 - 0.14375
May 2140 - 0.071875

Ya I couldn't agree with this either because 2044 isn't a good year for me...

You aren't going to rob people of THEIR "paper wallet" Clamcoins in this community I don't think. Sad Sry.

Go try to get Bitcoin to remove their block rewards.  Kiss
full member
Activity: 193
Merit: 100
Oh you guys still debating over changing the digging rules ?

As an investor, I'd like a fair deal (off exchange transaction with Doog ?) with the digger. Both good from him (selling clams at a fixed price) and the community. But we can't force him and I don't know if Doog would have enough BTC.
full member
Activity: 340
Merit: 164
 c. some kind of decay in value of undug CLAMs over time

This already exists. If you dig and stake, your CLAMs increase by about 4% per month currently.

Assuming you have a sufficient number to actually stake, due to the lottery-style staking.
full member
Activity: 179
Merit: 100

  a. leave everything as it is
  b. disallow all digging
  c. some kind of decay in value of undug CLAMs over time
  d. CC's very complicated and involved change
  e. CC's quick and simple change

They'd need to be specified in detail...

IMO a), b), e) can be voted right now,
c) , d) also can be voted, but if choosen - specification and detalisation could be done later via additional voting.
So my suggestion is to make voting as soon as possible. Can't see my CLAM holdings becomes nothing. So why we need waste time  preparing complicated solution if it even might not be choosen by community?
hero member
Activity: 756
Merit: 500
I really don't think there's any need to change the dig rewards. There's already a natural inflation that's built into the system that penalizes people who dig later on. If you dig earlier, you're going to be able to get more stake rewards. And that really adds up.
legendary
Activity: 1638
Merit: 1001
As a Clam holder I would appreciate ending the digging process. Especially since it has been a while. People who are interested in Alt-coins probably have heard of clams by now. The end of digging could bring more interest and money into the coin.

Is it possible to prevent further digging though? Isn't digging just using a previously unused private key to move coins. So to prevent that we would have to remove the ability to send coins which were initially distributed but have yet to be moved?
Yes, and as a bitcoin holder I would like it if they stopped block rewards. We can stop staking for clams too.

The whole point of clams is that they were fairly distributed, just because some have taken longer than others to dig theirs, it doesn't mean they shouldn't be able to.


I agree that stopping the digs altogether is not the best solution.

What about a halving of the Dig rewards in May 2016 (2 years from the launch date) as indicated in the previous page?

We can expand this further that every subsequent halving would be twice the number of years as the previous one.

The dig rewards would look like this:


May 2014 - 4.6
May 2016 - 2.3
May 2020 - 1.15
May 2028 - 0.575
May 2044 - 0.2875
May 2076 - 0.14375
May 2140 - 0.071875

I personally would be unhappy with that return proposed for 2076.  Messes with my plans.
hero member
Activity: 724
Merit: 500
As a Clam holder I would appreciate ending the digging process. Especially since it has been a while. People who are interested in Alt-coins probably have heard of clams by now. The end of digging could bring more interest and money into the coin.

Is it possible to prevent further digging though? Isn't digging just using a previously unused private key to move coins. So to prevent that we would have to remove the ability to send coins which were initially distributed but have yet to be moved?
Yes, and as a bitcoin holder I would like it if they stopped block rewards. We can stop staking for clams too.

The whole point of clams is that they were fairly distributed, just because some have taken longer than others to dig theirs, it doesn't mean they shouldn't be able to.


I agree that stopping the digs altogether is not the best solution.

What about a halving of the Dig rewards in May 2016 (2 years from the launch date) as indicated in the previous page?

We can expand this further that every subsequent halving would be twice the number of years as the previous one.

The dig rewards would look like this:


May 2014 - 4.6
May 2016 - 2.3
May 2020 - 1.15
May 2028 - 0.575
May 2044 - 0.2875
May 2076 - 0.14375
May 2140 - 0.071875
legendary
Activity: 1218
Merit: 1003
As a Clam holder I would appreciate ending the digging process. Especially since it has been a while. People who are interested in Alt-coins probably have heard of clams by now. The end of digging could bring more interest and money into the coin.

Is it possible to prevent further digging though? Isn't digging just using a previously unused private key to move coins. So to prevent that we would have to remove the ability to send coins which were initially distributed but have yet to be moved?
Yes, and as a bitcoin holder I would like it if they stopped block rewards. We can stop staking for clams too.

The whole point of clams is that they were fairly distributed, just because some have taken longer than others to dig theirs, it doesn't mean they shouldn't be able to.
hero member
Activity: 532
Merit: 500
What is best online clam wallet? I just do not want to download on my PC.

Hi raaajlucky,

You can use DirectBet Playing Wallet.

You can move funds in and out of your playing wallet free of charge. We cover the miner fees !

All withdrawals are Instant.

Please feel free to contact us if you have any questions.

All the Best,

Michelle

www.DirectBet.eu

Thank you very much and I will try your wallet
full member
Activity: 213
Merit: 100
Hello ClamCoin members, i had questions about spec.


1.  Confirms received?
2.  Confirms rewards?
3.  Minimum age till mature?
4.  Block target interval?
5   Max coin cap?
newbie
Activity: 43
Merit: 0
As a Clam holder I would appreciate ending the digging process. Especially since it has been a while. People who are interested in Alt-coins probably have heard of clams by now. The end of digging could bring more interest and money into the coin.

Is it possible to prevent further digging though? Isn't digging just using a previously unused private key to move coins. So to prevent that we would have to remove the ability to send coins which were initially distributed but have yet to be moved?
sr. member
Activity: 406
Merit: 250
clam still going down, im thinking to sell all my coin i need money  Sad
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
Speaking of Directbet.

We've removed the ads off www.Clamcoin.org and added a list of all the gambling sites that take CLAM.



you forgot to add www.bustaclam.com to the list. bustaclam 2.0 is going live anyday now where you can invest clam in it.

Ah shit you're right.

Thanks!
hero member
Activity: 905
Merit: 502
I miss dooglus
Speaking of Directbet.

We've removed the ads off www.Clamcoin.org and added a list of all the gambling sites that take CLAM.



you forgot to add www.bustaclam.com to the list. bustaclam 2.0 is going live anyday now where you can invest clam in it.




full member
Activity: 217
Merit: 100
I hope CLAM will rise up after these terrible days, i love this Alt because is still strong after the big BTC evaluation.

CLAM is a very resilient altcoin will definitely bounce back. If it is down, there is no other way to go but up!
legendary
Activity: 1022
Merit: 1000
But, how about this for an idea? And it's just a thought I had, not a plan I intend to put into action. Comments appreciated:

Anyway, it's just a thought. Let me know what you think...

Please don't do this Dooglus.  It will forever make clam nothing more than a token for JD.  While some argue that it is already that, at least it has the possibility to become more.

The developers designed clam and should stick with that framework unless there is a real threat or exploit.  Everyone knew going in that something like this was a danger.  Maybe if you thought it was one of the developers themselves that was doing this, e.g. one of them sent 10 doge to a million addresses, then it may make sense to do something like this to protect the community, but even then it would cause the coin to lose one of the main attractions it had to you using it at JD - New users probably already have some.

I do really appreciate you thinking about this though and your involvement in the clam community.  Just-Dice is great.

Some of the other options may make sense, but it's not like this was not a recognized possibility going forward.  I think Gambling Bad may be on to something with the buy wall idea.

EDIT:  Also a question.  I thought the dig whale had dug all of his clams when he imported his gazillion addresses into his client.  So reducing the amount of clams per dig wont matter in this case, only in future cases?
Jump to: