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Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 61. (Read 1151252 times)

newbie
Activity: 26
Merit: 0
Isn't this all a bit untrustworthy since we have to import our wallet.dat into the wallet and trust that you don't steal our keys. Surely this is another pump and dump? Smiley Smiley Smiley
legendary
Activity: 2940
Merit: 1333
I think you might be able to migrate the problem by setting a maxium stake time and resetting it once it reached the max. It would make staking more competitive (I think) and not really allow you to just sit around and not submit your blocks.  If you were to wait to long then the advantage of not submitting would be lost as you would be on the same level as everyone when the reward block came around, giving you no advantage.

Not sure what you're talking about. What problem? There's no advantage at all to waiting to submit your blocks. Old outputs don't get beneficial treatment compared to new ones.
legendary
Activity: 2940
Merit: 1333


Fair distribution my *ss.

I don't know of any coin with a more fair distribution. The initial distribution went to the holders of the biggest cryptos at the time, and the new coins are given to the people who are supporting the network by staking new blocks.
I was only complaining about the fact it was not 100% premined and new coins are generated. An alternate version of clams coins without new coins generation would probably be the fairest distribution ever and I would think it would be an very awesome idea.

Everyone gets to stake the same percentage per day. Staking is like 'running to stand still'. I don't see what's unfair about it.

If there was no block reward I think you might have less people bothering to stake blocks. How do you get any degree of decentralization when there's no reward for making blocks?
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
I imagine they are syncing a number of coins all at once and going to do the group announcement... Maybe they got stoned and forgot yesterday Cheesy  Cheesy


Who?
newbie
Activity: 20
Merit: 0
I imagine they are syncing a number of coins all at once and going to do the group announcement... Maybe they got stoned and forgot yesterday Cheesy  Cheesy
Vin
legendary
Activity: 1166
Merit: 1015
Try this nodes:

 addnode=52.246.190.62:31174
 addnode=46.4.113.143:31174
 addnode=51.15.208.17:31174
 addnode=24.205.12.128:31174
 addnode=73.196.204.117:31174
 addnode=78.128.90.139:31174
 addnode=100.15.5.195:31174
newbie
Activity: 23
Merit: 0
Any nodes?? My wallet is sync but last block was generated 12 hours ago and doesn't want go next
jr. member
Activity: 89
Merit: 4


Fair distribution my *ss.

I don't know of any coin with a more fair distribution. The initial distribution went to the holders of the biggest cryptos at the time, and the new coins are given to the people who are supporting the network by staking new blocks.
I was only complaining about the fact it was not 100% premined and new coins are generated. An alternate version of clams coins without new coins generation would probably be the fairest distribution ever and I would think it would be an very awesome idea.
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
The estimated time to stake listed in the wallet is notoriously inaccurate.
Staking is, after all, somewhat random much like Proof-Of-Work mining.
Age makes the target you are trying to hit less difficult, but you still have to get lucky and hit it Smiley


Age doesn't effect CLAM stakes UNLESS you've recently staked a block (then there is a wait time.)
jr. member
Activity: 238
Merit: 5
The estimated time to stake listed in the wallet is notoriously inaccurate.
Staking is, after all, somewhat random much like Proof-Of-Work mining.
Age makes the target you are trying to hit less difficult, but you still have to get lucky and hit it Smiley


Try Ethereum instead Wink
newbie
Activity: 21
Merit: 0
The estimated time to stake listed in the wallet is notoriously inaccurate.
Staking is, after all, somewhat random much like Proof-Of-Work mining.
Age makes the target you are trying to hit less difficult, but you still have to get lucky and hit it Smiley
jr. member
Activity: 238
Merit: 5
Happy 2 millionth block everyone Wink
newbie
Activity: 13
Merit: 0
Monitor the upcoming CLAM update: https://github.com/l0rdicon/defaultcoin

FreeBitcoins.com has been donating $10USD in CLAM per hour to Xploited for his time and I'd like to encourage anyone else that is able to donate as well... He's recently bought a motorcycle + a trailer and is trying to get those paid back.

You can /tip him on Just-Dice chat with:

/tip 43 *AMOUNT HERE*

Care to explain a bit more in detail? Is someone taking over development? what should we be expecting?
member
Activity: 158
Merit: 10
Hello, developers seem very professional. They have different skills and specialties, very good projects. Good luck。
legendary
Activity: 2940
Merit: 1333
Who buys this garbage, and why?

I think it's split between people who want to play or invest on Just-Dice.com, and people who want to speculate on the price.

Honestly, you have zero real-world adoption, you have some of the biggest snakes on the forum constantly shilling for it, trying to trick noobs into buying it like it were some sort of haphazard ponzi scheme, and the biggest bump you got is when Stephen Colbert made fun of it as an example of how crypto kids will buy anything.

I don't see anyone shilling for it. Nobody is promising any kind of return on investment, so it's clearly not a Ponzi scheme. You're thinking of John Oliver's hit piece I think, not Cobert's, and I didn't notice any "bump" as a result of his bit.

Oooh you can stake it and get free Clams.... but only if you buy a shitload first. Roll Eyes How retarded are people becoming?

This coin is the essence of a Ponzi scheme, people.

You can stake with any amount of CLAMs. The percentage return will be the same on average. The return is low, and should correspond with a per-unit decrease in price as the supply increases. Nobody is advertising staking CLAM as a way of getting rich, and I haven't seen any Ponzi schemes based on CLAM.

Read the words in the image you linked. Notice how none of them apply to CLAM in the slightest. There's no promised returns on investments. There's no "schemer" to collapse the "scheme". Etc.

Give me one reason to buy this coin. Other than because I can buy it on Cryptopia and sell it on Polo for a tidy 5% arb profit.

Do your own research. Buy it if you want to buy it. Don't if you don't. Nobody is trying to trick you into buying it.
legendary
Activity: 2940
Merit: 1333
There is meant to be one block per minute, each staking 1 new CLAM. So 1440 CLAMs per day.

You should earn your fair share. There's probably about 1.5 million CLAMs trying to stake, so you'd stake about 1000*1440/1500000 ~= 1 CLAM per day.

So the bit, doge and litecoin holders were initially given 4.6 clam coins.

No, each funded Bitcoin, Litecoin, and Dogecoin address was given 4.60545574 CLAMs. There were 3,208,032 funded addresses and so a total of 14,774,449.38850368 CLAMs were given out.

And in just one minute you can earn ~22% of the coins people receive?

No, each minute 1 new CLAM is staked. That goes to whoever is lucky enough to stake that block. 1 CLAM represents 0.00000677% of the initial distribution.

Fair distribution my *ss.

I don't know of any coin with a more fair distribution. The initial distribution went to the holders of the biggest cryptos at the time, and the new coins are given to the people who are supporting the network by staking new blocks.
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
Monitor the upcoming CLAM update: https://github.com/l0rdicon/defaultcoin

FreeBitcoins.com has been donating $10USD in CLAM per hour to Xploited for his time and I'd like to encourage anyone else that is able to donate as well... He's recently bought a motorcycle + a trailer and is trying to get those paid back.

You can /tip him on Just-Dice chat with:

/tip 43 *AMOUNT HERE*
member
Activity: 238
Merit: 10
Hi! Nice to see my old wallets containing some Clams.
I will hold some and sell some. Just watching you Clam!
hero member
Activity: 881
Merit: 501
Adoption of cryptos, More Users and More Uses- that's a $million's question.  Wink Wink Wink
legendary
Activity: 3010
Merit: 8114
Smooth I admit you have a compelling way with words. Just think of what you could have accomplished in life had you used your gift for good instead of evil.

You are the most un-Dude person on this forum and its insulting to the spirit of Lebowski that you co-opted his pic. I know its just part of your schtick to make you seem like a relatable homo sapien instead of a neurobehaviorally damaged sociopath, and that you had no control over the wrongs done to you at an impressionable age, but you still make me nauseous at my inner core.

You use the power of crypto for the exact opposite reason that Satoshi intended.

And don't call the kettle black when you spent several years in a flame war with that other greedy douchebag Reptilia.

Why would anybody hand over their private keys to a website that can't authenticate its own scripts?

Furthermore, nobody mentioned a single reason why anybody would ever buy this coin.

What good is it? What do you do with it, besides stake it for more Clams?
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