I have my clams in my wallet, they are staking but even though I have quite a few, it is only expected to stake every 49710 days! how can that be?
I moved them to my wallet on Saturday, but the age hasn't increased. They are still staking at 1 per CLAM, does the age only increase when I have the client open? Can they only stake when it is open?
Does it matter that I use 1.4.3.0? The new ones want to re-index, so I am not in a hurry to update!
I'm pretty sure that in all of the POS coins you can only stake when your wallet is open. If you're not connected, you're not in the race. I'm not an expert (and many others in this thread actually are experts) but if I understand correctly, POS is a lot like POW in that you are racing against others to find a hash that fulfills certain criteria.
Actually most POS coins have age and you can't rewards based on the age. Clam has a system where there is no age. So only the people that are online more and secure the network get more rewards.
So to reiterate, clams doesn't have age.
Right, this is the "proof of working stake" thing. I had forgotten bout this when trying to answer bitcoiner2015's question. Clam is not really POS or POW but a hybrid.