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Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 480. (Read 1151252 times)

legendary
Activity: 2940
Merit: 1333
PoS interest is 1% per year  

amount = 4.60545574
start date may 16 up to PoS mine july 08 = ~53.8 days

4.60545574 times 1% / 365 days times 53.8 days = 0.00679
so the first PoS is right
----
amount 4.61216361
start date July 8 up to july 11 = 3 days
4.61216361 times 1% / 365 days times 3 days = 0.00037908

that should be the amount you get for 3 days PoS mining

Most blocks I find do earn about that much, but check the top line:



Edit: The excess is transaction fees from the transactions I included in the block:
http://khashier.com:2750/block/9fd60333d224cd9a4dfa49433488a713ca7e477ff46b9b8ac5007983ddb2f4d5
sr. member
Activity: 342
Merit: 250
Can someone explain how the "mining" works?

I just mined 0.01052854 (txid 4838924d031291d4a21d1cfb956a82376cf8f997b455a601946255fe7907c234) using an address that was part of the initial distribution, and which I've not otherwise touched.

A couple of days ago it mined its first 0.00679001, and that was after a couple of months of inactivity, then 2 days later it mined another 0.0105...

I was thinking each 4.x output would mine a fixed amount per day, but this one mined more in the last 2 days than the previous 2 months, so now I know I don't understand it...

Edit: here's the Abe page for the address I'm talking about:

http://khashier.com:2750/address/xVBvXSadyMpcvU2nsDYTZJdctniVXfFBkK

PoS interest is 1% per year  

amount = 4.60545574
start date may 16 up to PoS mine july 08 = ~53.8 days

4.60545574 times 1% / 365 days times 53.8 days = 0.00679
so the first PoS is right
----
amount 4.61216361
start date July 8 up to july 11 = 3 days
4.61216361 times 1% / 365 days times 3 days = 0.00037908

that should be the amount you get for 3 days PoS mining

trying to get a 2nd PoS block now and see if i get the same results as yours

legendary
Activity: 2940
Merit: 1333
Can someone explain how the "mining" works?

I just mined 0.01052854 (txid 4838924d031291d4a21d1cfb956a82376cf8f997b455a601946255fe7907c234) using an address that was part of the initial distribution, and which I've not otherwise touched.

A couple of days ago it mined its first 0.00679001, and that was after a couple of months of inactivity, then 2 days later it mined another 0.0105...

I was thinking each 4.x output would mine a fixed amount per day, but this one mined more in the last 2 days than the previous 2 months, so now I know I don't understand it...

Edit: here's the Abe page for the address I'm talking about:

http://khashier.com:2750/address/xVBvXSadyMpcvU2nsDYTZJdctniVXfFBkK
full member
Activity: 176
Merit: 100
Here is an unofficial website that I have created for CLAMS. I will give away or forward the domain if the devs make their own official website.

http://www.clamclient.com
legendary
Activity: 1588
Merit: 1000
As of this writing there are 1577.42107239 CLAM on Poloniex sell side...

So we know for sure that at least 1577.42107239 CLAM has been 'dug'.

Plus mine, which are NOT @ Poloniex but happily staking in my wallet makes it 1582.42107239 CLAM...

At one point 10 percent of all PMC was @ Poloniex...
 
I assume that since CLAM is pure POS and staking sort of fast enough, quite a few more are also in wallets staking...  elsewhere

Extrapolating, it is quite possible, right now, there are less than 20,000 CLAM in the wild...

Very very under priced  Smiley

I would bet you'll see at least 10% of the 14 million claimed somehow...
The price action last 3-4 days is very troubling... just a steady slide from 500 to 100.

No point selling now with that pool gearing up to buy clams and stake for the long term....
But it's a only like 30 MHash or the equivalent of 5 Gridseed G-Blades...
Why so low with the glut of scrypt ASICs out there?
legendary
Activity: 1302
Merit: 1000
Bass Player
As of this writing there are 1577.42107239 CLAM on Poloniex sell side...

So we know for sure that at least 1577.42107239 CLAM has been 'dug'.

Plus mine, which are NOT @ Poloniex but happily staking in my wallet makes it 1582.42107239 CLAM...

At one point 10 percent of all PMC was @ Poloniex...
 
I assume that since CLAM is pure POS and staking sort of fast enough, quite a few more are also in wallets staking...  elsewhere

Extrapolating, it is quite possible, right now, there are less than 20,000 CLAM in the wild...

Very very under priced  Smiley






hero member
Activity: 784
Merit: 1002
CLAM Developer
Chances are, much if not most of the coins will not be claimed once you take into consideration the lost/ forgotten about, vanity, cold storage wallets ect. Otoh, a high market price will help to twist a few more arms. lol
It would be nice to see a rich list.
Btw.. my 6.5 mb BTC wallet scored two 4.6 CLAM shares. Is that normal ?

Hippie Tech,

Welcome to the thread Grin

I think what you have said is likely very accurate.



Concerning your large wallet; the distribution was all about unique addresses with outputs.  So, if you had "gathered" your outputs, received them in large chunks, or re-used receive addresses that might explain only getting two shares.  Of coarse, 2 shares is likely quite a common distribution, as well.
legendary
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
Chances are, much if not most of the coins will not be claimed once you take into consideration the lost/ forgotten about, vanity, cold storage wallets ect. Otoh, a high market price will help to twist a few more arms. lol

It would be nice to see a rich list.

Btw.. my 6.5 mb BTC wallet scored two 4.6 CLAM shares. Is that normal ?
legendary
Activity: 2940
Merit: 1333
I am loving this coin/concept....  Wink

Am I right in thinking a Block Explorer for CLAM would be sort of useless for getting a true sense of how many CLAM has actually been claimed?
Or is there a way to indicate how many have actually been 'dug' up?

There's no way of knowing how many have been "dug up", unless "mining" was left enabled. Mining is on by default, and newly dug clams get a high priority for mining. They've not made a block for >60 days.

So a block explorer that counted how many of the initial coin distribution have ever been used to mine a block would give interesting information.
full member
Activity: 176
Merit: 100
hero member
Activity: 784
Merit: 1002
CLAM Developer
I am loving this coin/concept....  Wink
Am I right in thinking a Block Explorer for CLAM would be sort of useless for getting a true sense of how many CLAM has actually been claimed?
Or is there a way to indicate how many have actually been 'dug' up?

This is something we are currently wrestling with as we speak.

There have been some ideas posited that it might be possible to query the chain data identifying outputs which have moved since the distribution ended.

This wouldn't identify CLAMS which have been claimed but not moved, but it would identify distribution outputs that had been moved, and therefore clearly been claimed.

Not an easy task however, as there are a lot of outputs -> but we are optimistic.
legendary
Activity: 1302
Merit: 1000
Bass Player
I am loving this coin/concept....  Wink

Am I right in thinking a Block Explorer for CLAM would be sort of useless for getting a true sense of how many CLAM has actually been claimed?
Or is there a way to indicate how many have actually been 'dug' up?
hero member
Activity: 784
Merit: 1002
CLAM Developer
im not even sure what im seeing haha

Grin

You aren't the only person who has felt that way, I am sure Tongue  Huh

If you have any questions, please feel more than welcome to fire away here, in PM, or via reddit @ our Sub-Reddit.

We try to do the best we can to respond Grin
legendary
Activity: 2198
Merit: 1014
Franko is Freedom
im not even sure what im seeing haha
newbie
Activity: 52
Merit: 0
All clams sent to my wallet never show up, and the mining part is super opaque/non transparent and has not paid out either. Does this mean all the clams I bought on poloniex are vanished in transaction?
Withdrawals from poloniex.com disappear... whelp, that sucked.

If you had a withdrawal from Poloniex disappear you should certainly contact support at Poloniex!

I believe this is the link: Poloniex Support
Check your E-mail.


User error or a system that's not easy for me. Fixed now thanks.
legendary
Activity: 2940
Merit: 1333
Is there an online block explorer to check how many CLAMs have been claimed?
Thanks.


I could have sworn someone posted a link to a Clam block explorer in this thread but I can't find it now.
full member
Activity: 126
Merit: 100
Is there an online block explorer to check how many CLAMs have been claimed?
Thanks.
legendary
Activity: 2940
Merit: 1333
Sent the errors and issues you reported over to some of the more intelligent folks on the team.

Issue tracking and submission should be available on git, as well.

Thanks.

Can confirm 'issues' shows up on the github now.
hero member
Activity: 784
Merit: 1002
CLAM Developer
can you add a paper wallet  KEY ?
how do we do it ?
Note that if you do add a paper wallet key, and then your computer gets compromised, you lose the balance of your paper wallet. A smart hacker will recognise that all the keys in your clam client correspond to BTC/DOGE/LTC keys, and will try importing them into each of them.

Indeed.  

If the paper wallet was intended for secure offline coin storage, importing the wallet/keys would expose them to the internet connected system and all the security risks that entails.

A very good point.



Dooglus,

Sent the errors and issues you reported over to some of the more intelligent folks on the team.

Issue tracking and submission should be available on git, as well.
legendary
Activity: 2940
Merit: 1333
can you add a paper wallet  KEY ?

how do we do it ?

Note that if you do add a paper wallet key, and then your computer gets compromised, you lose the balance of your paper wallet. A smart hacker will recognise that all the keys in your clam client correspond to BTC/DOGE/LTC keys, and will try importing them into each of them.
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