Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 302. (Read 1151252 times)
September 03, 2015, 07:42:45 PM
I would like to announce that I am offering clam node hosting. The system is completely automated and can have your node up and running within a few minutes. You can select from a number of locations to setup your node including: New York, Frankfurt,Amsterdam,London,Singapore, San Francisco. Come check it out I would love some feedback: https://cryptospout.com/cryptonode.php
September 03, 2015, 07:30:39 PM
About hashnest and bitmain the leader asic bitcoin miner hardware manufaturer, think that they could be scammer is very hard to believe (bitmain has an hero member account with positive trust like you), but hey everything could be. Could be that the CLAMs coin is a scam as well, who knows? Never say never!
I'm not saying they're scammers. I've never looked into their operation, not even a little. What I'm saying is that with cloud mining you have to trust a third party with your funds, and with CLAM staking you don't. So with cloud mining there is *a theoretical possibility* that they can steal your coins, and with CLAM staking there isn't. That's a difference worth pointing out.
About the dig actor, pardon my ignorance but what is "digging"? Can I dig as well?
Others already answered. To make it brief, "digging" is the act of claiming the CLAMs that were given to you for free when CLAM first launched. Every BTC, LTC, and DOGE address that had a "non dust" balance on 12th May 2014 was given 4.6 CLAMs. If that includes you, then yes, you can dig as well.
September 03, 2015, 07:26:47 PM
Back by popular demand: updated dig charts...
September 03, 2015, 04:11:25 PM
I have calculated that the return as today is around 0,18% per day (even less if you consider the 8 hours you have to wait after you get a block). You have to keep yor wallet open and online 24/7. With hashnest, for example I can get from 0.3% to 0.35%, if I buy some s5 ghs without the burden of keeping my pc on all the time.
I like your project and how you developed the proof of working stake, but honestly 0.18% that will get lower and lower over time doesn't sounds a good deal to me when the dear old BTCBTC give me almost the double.
Maybe I lost something or I didn't get something.
Some things you may have missed:I like your project and how you developed the proof of working stake, but honestly 0.18% that will get lower and lower over time doesn't sounds a good deal to me when the dear old BTCBTC give me almost the double.
Maybe I lost something or I didn't get something.
1) With hashnest you are trusting them with your money. They could turn out to be a scam and you end up with nothing. With CLAM you can keep control of your coins at all times. You can run the staking locally so that nobody can steal your coins.
2) With hashnest there is presumably a sunk cost. After buying the "s5 ghs" you have presumably made a loss, which it will take you some time to break even from. With CLAM there is no sunk cost, other than the exchange fee (typically 0.2%). It's possible to buy CLAM one day, stake for a day, then sell them again and break even. Is that possible with hashnest?
Having said that, I think you're probably right at the moment. CLAM isn't a good investment while there is someone able to dig up huge amounts of CLAM. He's slower his digging over the last few days, but that doesn't change the fact that he has large amounts of CLAM he can dump on the market whenever he likes. Maybe look again after Christmas, by which time he may have finished his long slow dump.
About hashnest and bitmain the leader asic bitcoin miner hardware manufaturer, think that they could be scammer is very hard to believe (bitmain has an hero member account with positive trust like you), but hey everything could be. Could be that the CLAMs coin is a scam as well, who knows? Never say never!
About the dig actor, pardon my ignorance but what is "digging"? Can I dig as well?
Thank you again
It should be noted that the website is a work in progress.
It is open source and we hope that the community will eventually become active and help make it an awesome resource for new users.
The source is here, and is live-compiled into the actual site:
https://github.com/nochowderforyou/nochowderforyou.github.io
The link concerning how to "dig" is here:
http://clamclient.com/learn/import/
You may only "dig" initial distribution CLAM if you owned BTC, LTC or DOGE May 12th of last year (when we launched).
September 03, 2015, 04:03:23 PM
I have calculated that the return as today is around 0,18% per day (even less if you consider the 8 hours you have to wait after you get a block). You have to keep yor wallet open and online 24/7. With hashnest, for example I can get from 0.3% to 0.35%, if I buy some s5 ghs without the burden of keeping my pc on all the time.
I like your project and how you developed the proof of working stake, but honestly 0.18% that will get lower and lower over time doesn't sounds a good deal to me when the dear old BTCBTC give me almost the double.
Maybe I lost something or I didn't get something.
I like your project and how you developed the proof of working stake, but honestly 0.18% that will get lower and lower over time doesn't sounds a good deal to me when the dear old BTCBTC give me almost the double.
Maybe I lost something or I didn't get something.
Some things you may have missed:
1) With hashnest you are trusting them with your money. They could turn out to be a scam and you end up with nothing. With CLAM you can keep control of your coins at all times. You can run the staking locally so that nobody can steal your coins.
2) With hashnest there is presumably a sunk cost. After buying the "s5 ghs" you have presumably made a loss, which it will take you some time to break even from. With CLAM there is no sunk cost, other than the exchange fee (typically 0.2%). It's possible to buy CLAM one day, stake for a day, then sell them again and break even. Is that possible with hashnest?
Having said that, I think you're probably right at the moment. CLAM isn't a good investment while there is someone able to dig up huge amounts of CLAM. He's slower his digging over the last few days, but that doesn't change the fact that he has large amounts of CLAM he can dump on the market whenever he likes. Maybe look again after Christmas, by which time he may have finished his long slow dump.
Thank you for your reply.
About hashnest and bitmain the leader asic bitcoin miner hardware manufaturer, think that they could be scammer is very hard to believe (bitmain has an hero member account with positive trust like you), but hey everything could be. Could be that the CLAMs coin is a scam as well, who knows? Never say never!
About the dig actor, pardon my ignorance but what is "digging"? Can I dig as well?
Thank you again
Yes, you can dig as well if ... read here: http://clamclient.com/start/getting-started/
September 03, 2015, 03:29:54 PM
I have calculated that the return as today is around 0,18% per day (even less if you consider the 8 hours you have to wait after you get a block). You have to keep yor wallet open and online 24/7. With hashnest, for example I can get from 0.3% to 0.35%, if I buy some s5 ghs without the burden of keeping my pc on all the time.
I like your project and how you developed the proof of working stake, but honestly 0.18% that will get lower and lower over time doesn't sounds a good deal to me when the dear old BTCBTC give me almost the double.
Maybe I lost something or I didn't get something.
I like your project and how you developed the proof of working stake, but honestly 0.18% that will get lower and lower over time doesn't sounds a good deal to me when the dear old BTCBTC give me almost the double.
Maybe I lost something or I didn't get something.
Some things you may have missed:
1) With hashnest you are trusting them with your money. They could turn out to be a scam and you end up with nothing. With CLAM you can keep control of your coins at all times. You can run the staking locally so that nobody can steal your coins.
2) With hashnest there is presumably a sunk cost. After buying the "s5 ghs" you have presumably made a loss, which it will take you some time to break even from. With CLAM there is no sunk cost, other than the exchange fee (typically 0.2%). It's possible to buy CLAM one day, stake for a day, then sell them again and break even. Is that possible with hashnest?
Having said that, I think you're probably right at the moment. CLAM isn't a good investment while there is someone able to dig up huge amounts of CLAM. He's slower his digging over the last few days, but that doesn't change the fact that he has large amounts of CLAM he can dump on the market whenever he likes. Maybe look again after Christmas, by which time he may have finished his long slow dump.
Thank you for your reply.
About hashnest and bitmain the leader asic bitcoin miner hardware manufaturer, think that they could be scammer is very hard to believe (bitmain has an hero member account with positive trust like you), but hey everything could be. Could be that the CLAMs coin is a scam as well, who knows? Never say never!
About the dig actor, pardon my ignorance but what is "digging"? Can I dig as well?
Thank you again
September 03, 2015, 11:58:02 AM
I have calculated that the return as today is around 0,18% per day (even less if you consider the 8 hours you have to wait after you get a block). You have to keep yor wallet open and online 24/7. With hashnest, for example I can get from 0.3% to 0.35%, if I buy some s5 ghs without the burden of keeping my pc on all the time.
I like your project and how you developed the proof of working stake, but honestly 0.18% that will get lower and lower over time doesn't sounds a good deal to me when the dear old BTCBTC give me almost the double.
Maybe I lost something or I didn't get something.
I like your project and how you developed the proof of working stake, but honestly 0.18% that will get lower and lower over time doesn't sounds a good deal to me when the dear old BTCBTC give me almost the double.
Maybe I lost something or I didn't get something.
Some things you may have missed:
1) With hashnest you are trusting them with your money. They could turn out to be a scam and you end up with nothing. With CLAM you can keep control of your coins at all times. You can run the staking locally so that nobody can steal your coins.
2) With hashnest there is presumably a sunk cost. After buying the "s5 ghs" you have presumably made a loss, which it will take you some time to break even from. With CLAM there is no sunk cost, other than the exchange fee (typically 0.2%). It's possible to buy CLAM one day, stake for a day, then sell them again and break even. Is that possible with hashnest?
Having said that, I think you're probably right at the moment. CLAM isn't a good investment while there is someone able to dig up huge amounts of CLAM. He's slower his digging over the last few days, but that doesn't change the fact that he has large amounts of CLAM he can dump on the market whenever he likes. Maybe look again after Christmas, by which time he may have finished his long slow dump.
September 03, 2015, 11:51:36 AM
Just having trouble understanding how the clams stake actually work....
Can you be more specific? Basically each output has a chance of staking that is proportional to its value in CLAMs, and inversely proportional to the total network weight. Unless the output was involved in a transaction in the last 4 hours, or staked in the last 500 blocks, in which case it has 0 chance of staking.
My weight has grown slightly but from what I read weight was meant to equal coins but my weight is around triple my coin amount (300 something weight).
I don't see how that is possible. Could you show us a screenshot please, showing your balance and your weight?
Something like this:
That is the old JD hot wallet. It has 515 dust outputs in it from faucet users who didn't yet realise that their JD deposit address has changed. It also has an output of around 6 CLAMs that is only 2 hours old. The dust is old enough to have a weight, but its total value is roughly 0, and so the whole wallet's weight is roughly 0, and it is rounded to an integer: 0. In a couple of hours the 6 CLAM deposit will be 4 hours old and will start contributing to the staking weight. But at no point do I expect the staking weight to exceed the wallet balance.
Edit: a few hours later the 6 CLAM deposit is 4 hours old and shows up in my staking weight as predicted. Note how the weight isn't greater than my balance:
I'm used to stake coins where you get a weighting from your coin amount input and it grows over time until it hits the approximate network weight at which time you are weighted more than others and you get a stake at some point around that (though I understand it can happen earlier).
CLAM weight doesn't grow over time. It's a constant 1 CLAM = 1 unit of weight. That is so that your rewards are proportional to how long you keep the wallet open for. Other coins let you run the wallet only once per week or once per month, collect all your staking returns, then shut it down again with little to no loss. CLAM rewards you for running the wallet 24/7, contributing to the network security.
Why is the network weight so high (in the 800,000 sometimes) and mine so low after 4 days? That's what i'm having trouble grasping... also it always says 4 days or 5 days expected time... is that from when they initially started staking OR from the current point in time?
The network weight is simply an estimate of the total number of CLAMs attempting to stake. There are ~700k CLAMs trying to stake. Your weight is low relative to the total network weight because your CLAM balance is low relative to the total network CLAM balance.
Like with Bitcoin mining, the expected time is from right now. The expected time to the next Bitcoin block is "10 minutes", no matter when you ask. Even if it has been an hour since the last block, the expected time to the next block is still "10 minutes". No progress was made towards finding a block in the last hour. A lot of work was done, but it failed, and we're still where we started. It's the same with CLAM staking. If you have 1% of the network weight, you have a 1% chance of staking the next block. If you fail to stake a block and get beaten by the other 99% 1000 blocks in a row, you still have a 1% chance of staking the next block.
September 03, 2015, 11:31:27 AM
Hi,
I'm a newbie to clams. Is there a possibility to have a SPV wallet for clams? Is there a white paper for clams like bitcoin?
I went to the two clam websites - both are high on graphics and low on detailed information.
I waded through hundreds of posts on this forum to figure stuff out, but alot of it sounds like its wrong and from what I read in later posts.
For example, is it still possible to randomly get 1000 clam bonus when staking? It sounds like that doesn't happen anymore?
Asking new users to read 200 pages of old stuff is not good for clam adoption... But still I like the clam.
I'm a newbie to clams. Is there a possibility to have a SPV wallet for clams? Is there a white paper for clams like bitcoin?
I went to the two clam websites - both are high on graphics and low on detailed information.
I waded through hundreds of posts on this forum to figure stuff out, but alot of it sounds like its wrong and from what I read in later posts.
For example, is it still possible to randomly get 1000 clam bonus when staking? It sounds like that doesn't happen anymore?
Asking new users to read 200 pages of old stuff is not good for clam adoption... But still I like the clam.
September 03, 2015, 10:50:31 AM
Thanks dooglus for your help with the restore access to my Just-Dice.com account. You're a real man!
Yes real)Thanks Dooglus
I had non-zero balance in 12 may 2014 in BTC encrypted wallet.dat
Importing of this wallet do nothing.
Where is my CLAM
Quote
It's possible for anyone to submit fixes to the CLAM website. I just submitted a pull request to fix the date:
https://github.com/nochowderforyou/nochowderforyou.github.io/pull/3
https://github.com/nochowderforyou/nochowderforyou.github.io/pull/3
Importing of this wallet do nothing.
Where is my CLAM
We ended up PMing back and forth about this, and he finally got his free CLAMs.
It turned out that:
* he was fully synced
* his BTC address was funded at the snapshot date
* the 'receive' tab showed the corresponding CLAM address, so the import worked
* but the balance was still zero
I fixed the problem for him by having him run "clam-qt -rescan" - and then the coins showed up.
I don't know how the client go into that state. I'm wondering if maybe he quit the client while it appeared 'hung up' while it was rescanning the blockchain after doing the import, and that left the addresses imported, but the rescan not done. But that's just a guess.
Anyway: -rescan for the win.
Quote
I'm wondering if maybe he quit the client while it appeared 'hung up' while it was rescanning the blockchain after doing the import
Slow sync made me crazy and maybe I shut client via task manager September 03, 2015, 10:17:15 AM
it's very hard and expensive to stake your coins guys!
I don't know wheather it's worth to invest in CLAMs just for mine them..
PLEASE DO NOT ASSAULT ME IT'S JUST MY OPINION I'M OPEN TO THINK OTHERWISE
Maybe I'm reading you wrong, but it seems like you're saying that you don't know whether to invest in CLAMs by buying them and then staking or to just mine for them. But CLAM isn't distributed like BTC, the initial distribution doesn't involve mining. And the security of the network is through the staking, so there's not really any mininig there either (indendent from the staking). I'm not assaulting, you but it seems like you might not have all the facts on this one.I don't know wheather it's worth to invest in CLAMs just for mine them..
PLEASE DO NOT ASSAULT ME IT'S JUST MY OPINION I'M OPEN TO THINK OTHERWISE
The argument was that it doesn't make sense to stake CLAM as it is too expensive in comparison to the staking reward.
I expect that there is a person or two who expressed similar opinions about mining Bitcoin years ago....
Relevant? Only time will tell.
Thank you for your replies
I have calculated that the return as today is around 0,18% per day (even less if you consider the 8 hours you have to wait after you get a block). You have to keep yor wallet open and online 24/7. With hashnest, for example I can get from 0.3% to 0.35%, if I buy some s5 ghs without the burden of keeping my pc on all the time.
I like your project and how you developed the proof of working stake, but honestly 0.18% that will get lower and lower over time doesn't sounds a good deal to me when the dear old BTCBTC give me almost the double.
Maybe I lost something or I didn't get something.
September 03, 2015, 09:47:57 AM
it's very hard and expensive to stake your coins guys!
I don't know wheather it's worth to invest in CLAMs just for mine them..
PLEASE DO NOT ASSAULT ME IT'S JUST MY OPINION I'M OPEN TO THINK OTHERWISE
Maybe I'm reading you wrong, but it seems like you're saying that you don't know whether to invest in CLAMs by buying them and then staking or to just mine for them. But CLAM isn't distributed like BTC, the initial distribution doesn't involve mining. And the security of the network is through the staking, so there's not really any mininig there either (indendent from the staking). I'm not assaulting, you but it seems like you might not have all the facts on this one.I don't know wheather it's worth to invest in CLAMs just for mine them..
PLEASE DO NOT ASSAULT ME IT'S JUST MY OPINION I'M OPEN TO THINK OTHERWISE
The argument was that it doesn't make sense to stake CLAM as it is too expensive in comparison to the staking reward.
I expect that there is a person or two who expressed similar opinions about mining Bitcoin years ago....
Relevant? Only time will tell.
September 03, 2015, 09:32:36 AM
it's very hard and expensive to stake your coins guys!
I don't know wheather it's worth to invest in CLAMs just for mine them..
PLEASE DO NOT ASSAULT ME IT'S JUST MY OPINION I'M OPEN TO THINK OTHERWISE
I don't know wheather it's worth to invest in CLAMs just for mine them..
PLEASE DO NOT ASSAULT ME IT'S JUST MY OPINION I'M OPEN TO THINK OTHERWISE
Maybe I'm reading you wrong, but it seems like you're saying that you don't know whether to invest in CLAMs by buying them and then staking or to just mine for them. But CLAM isn't distributed like BTC, the initial distribution doesn't involve mining. And the security of the network is through the staking, so there's not really any mininig there either (indendent from the staking). I'm not assaulting, you but it seems like you might not have all the facts on this one.
September 03, 2015, 08:40:00 AM
so I have 120 clams in 1 address split to 6 lots of 20... been going around 4 days now... i'm guessing its going to take forever to actually get a stake
I've tried answering your concerns twice already, in https://bitcointalksearch.org/topic/m.12305702 and https://bitcointalksearch.org/topic/m.12310175. Is there anything in particular in my replies that you didn't understand? I would try to explain the situation more fully, but I've no idea what you aren't understanding.My weight has grown slightly but from what I read weight was meant to equal coins but my weight is around triple my coin amount (300 something weight).
I'm used to stake coins where you get a weighting from your coin amount input and it grows over time until it hits the approximate network weight at which time you are weighted more than others and you get a stake at some point around that (though I understand it can happen earlier).
Why is the network weight so high (in the 800,000 sometimes) and mine so low after 4 days? That's what i'm having trouble grasping... also it always says 4 days or 5 days expected time... is that from when they initially started staking OR from the current point in time?
What version are you using?
Did you download the client from here? -> https://github.com/nochowderforyou/clams/releases/tag/v1.4.16
Where are you seeing this "weight" number?
I'm running version 1.4.13 I see the weight when I hover over the staking icon or under send in the inputs for coin control.
September 03, 2015, 08:36:05 AM
it's very hard and expensive to stake your coins guys!
I don't know wheather it's worth to invest in CLAMs just for mine them..
PLEASE DO NOT ASSAULT ME IT'S JUST MY OPINION I'M OPEN TO THINK OTHERWISE
I don't know wheather it's worth to invest in CLAMs just for mine them..
PLEASE DO NOT ASSAULT ME IT'S JUST MY OPINION I'M OPEN TO THINK OTHERWISE
It's not "Hard" at all. "expensive" is relative.
Only you can decided if it's worth investing in.
Once this dig whale finishes I'm guessing we'll have around 1.2 Mil clams.
Assuming all are staking that's 1440 / 1200000 = .12% inflation daily. .12 * 365 = 43.8% yearly
Those are just the staking assumptions. There is much more to consider before investing in a coin. anticipated price, long term value, stability, etc etc. And I'll leave that up to you..
September 03, 2015, 07:51:07 AM
so I have 120 clams in 1 address split to 6 lots of 20... been going around 4 days now... i'm guessing its going to take forever to actually get a stake
I've tried answering your concerns twice already, in https://bitcointalksearch.org/topic/m.12305702 and https://bitcointalksearch.org/topic/m.12310175. Is there anything in particular in my replies that you didn't understand? I would try to explain the situation more fully, but I've no idea what you aren't understanding.My weight has grown slightly but from what I read weight was meant to equal coins but my weight is around triple my coin amount (300 something weight).
I'm used to stake coins where you get a weighting from your coin amount input and it grows over time until it hits the approximate network weight at which time you are weighted more than others and you get a stake at some point around that (though I understand it can happen earlier).
Why is the network weight so high (in the 800,000 sometimes) and mine so low after 4 days? That's what i'm having trouble grasping... also it always says 4 days or 5 days expected time... is that from when they initially started staking OR from the current point in time?
What version are you using?
Did you download the client from here? -> https://github.com/nochowderforyou/clams/releases/tag/v1.4.16
Where are you seeing this "weight" number?
September 03, 2015, 07:26:35 AM
so I have 120 clams in 1 address split to 6 lots of 20... been going around 4 days now... i'm guessing its going to take forever to actually get a stake
I've tried answering your concerns twice already, in https://bitcointalksearch.org/topic/m.12305702 and https://bitcointalksearch.org/topic/m.12310175. Is there anything in particular in my replies that you didn't understand? I would try to explain the situation more fully, but I've no idea what you aren't understanding.
Just having trouble understanding how the clams stake actually work....
My weight has grown slightly but from what I read weight was meant to equal coins but my weight is around triple my coin amount (300 something weight).
I'm used to stake coins where you get a weighting from your coin amount input and it grows over time until it hits the approximate network weight at which time you are weighted more than others and you get a stake at some point around that (though I understand it can happen earlier).
Why is the network weight so high (in the 800,000 sometimes) and mine so low after 4 days? That's what i'm having trouble grasping... also it always says 4 days or 5 days expected time... is that from when they initially started staking OR from the current point in time?
September 03, 2015, 07:06:18 AM
it's very hard and expensive to stake your coins guys!
I don't know wheather it's worth to invest in CLAMs just for mine them..
PLEASE DO NOT ASSAULT ME IT'S JUST MY OPINION I'M OPEN TO THINK OTHERWISE
I don't know wheather it's worth to invest in CLAMs just for mine them..
PLEASE DO NOT ASSAULT ME IT'S JUST MY OPINION I'M OPEN TO THINK OTHERWISE
September 03, 2015, 04:10:44 AM
so I have 120 clams in 1 address split to 6 lots of 20... been going around 4 days now... i'm guessing its going to take forever to actually get a stake
I've tried answering your concerns twice already, in https://bitcointalksearch.org/topic/m.12305702 and https://bitcointalksearch.org/topic/m.12310175. Is there anything in particular in my replies that you didn't understand? I would try to explain the situation more fully, but I've no idea what you aren't understanding.
September 03, 2015, 12:37:22 AM
so I have 120 clams in 1 address split to 6 lots of 20... been going around 4 days now... i'm guessing its going to take forever to actually get a stake
You should expect to see a stake within a few days I would imagine.
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