[ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"

[Thirdspace]

finally downloaded the client successfully yesterday & continue synching today
started at block 910 and synching (slowly because of my isp) for about 2 hours up to block ~2700
and I see that it sucked up 100MB just to download ~2000 blocks
is this normal for earlier blocks? because the newer blocks are less than 1kb/block

oh btw congrats on whoever won the lottery block 86048 with the amount of 968.24781126
so I think this would be the highest reward so far, right?
@dooglus someone beat your record umm or it might be you again

[dooglus]

and I see that it sucked up 100MB just to download ~2000 blocks
is this normal for earlier blocks? because the newer blocks are less than 1kb/block

The early blocks were bigger because that's when the CLAMs were given out to all the BTC, LTC, and DOGE addresses.

My blk0001.dat file in the .clam folder is 154,029,202 bytes - so if you have 100 MB you're two thirds of the way there, by byte count.

@dooglus someone beat your record umm or it might be you again

Not me. My biggest mining reward is ~950 CLAM, and my 2nd biggest is ~567 CLAM.

I'll keep on staking though - so hopefully will regain my record soon.

[istvandv]

Long live the Great CLAM!

now give me a lottery win already!

network weight has been consistently high the last days so it looks like people are consistently staking now, gone are the days of my daily staking, need more clams!

[dooglus]

network weight has been consistently high the last days so it looks like people are consistently staking now, gone are the days of my daily staking, need more clams!

They're about 50 US cents each...

[Thirdspace]

The early blocks were bigger because that's when the CLAMs were given out to all the BTC, LTC, and DOGE addresses.

My blk0001.dat file in the .clam folder is 154,029,202 bytes - so if you have 100 MB you're two thirds of the way there, by byte count.

well... I checked my blk0001.dat file and it's only 30,611,464 bytes
that's why I wonder why it's using so much data transfer (100MB) but only worth 30MB of blockchain data
and I only run the clam-qt connected to the net, not browsing or chatting or anything at the same time
it seems my client inefficiently re-downloading already downloaded block data

SetBestChain: new best=00000c59f154cfd4d91d  height=2905  trust=4395107906  blocktrust=1179855  date=5/16/2014 02:27:18
ProcessBlock: ACCEPTED
received block 00000064bed2fc291a35
ERROR: ProcessBlock() : already have block 2858 00000064bed2fc291a35
received block 000003a7c7bea5bafe48
ERROR: ProcessBlock() : already have block 2859 000003a7c7bea5bafe48
received block 000006f78f66e4dd3ef8
ERROR: ProcessBlock() : already have block 2864 000006f78f66e4dd3ef8
received block 000001c99c6f2234167f
ERROR: ProcessBlock() : already have block 2865 000001c99c6f2234167f

almost on every accepted new best chain, there always 4 or 5 messages with that error processblock
anyway to minimize this to save my bandwidth & resynch faster?
or is that how the peer-to-peer connection work and no way to avoid that?

edit: a little update, past block 10,000 the synching becomes faster by looking at the number of blocks downloaded
however if I added up all the data transfer so far, it totalled to 600MB just to download a 150MB worth of blockchain 
oh yeah someone won a lottery again 663.74264776 block 86690

[SuperClam]

If anyone has some well thought out ideas for possible bounties; there are some extra funds from the donation address available.


In addition, considering the lack of interest in the tip bot bounty at the current reward...

The Tip Bot Bounty is now worth 75 CLAMS!

Link: https://bitcointalk.org/index.php?topic=623147.msg8430110#msg8430110

[dooglus]

oh yeah someone won a lottery again 663.74264776 block 86690

That was me:

[madmartyk]

What do I gain by mining at the KHashier pool?  Ho do you get into this lottery?

[SuperClam]

What do I gain by mining at the KHashier pool?  Ho do you get into this lottery?

kHashier.com functions much like any other multi-pool (crypto is mined, sold, and proceeds go to purchase CLAMS).
A major difference is that payouts are based on all-time accrued percentage, as opposed to short round based payouts.
Additionally, 25% of proceeds are put towards sub-price level buy orders; when/if these buy orders are sold into, the purchased CLAMS are paid out in much the same way as the other 75%, based on accrued percentage.

In fairness, payouts have been sporadic out of kHashier as low hash means either high withdrawal fees or slow payouts.


The Proof-Of-Pearl CLAM lottery is played by simply holding CLAMS in your wallet.
When you stake a block for the network, the reward varies between 0.1 - 1,000 CLAMS.

[madmartyk]

What do I gain by mining at the KHashier pool?  Ho do you get into this lottery?

kHashier.com functions much like any other multi-pool (crypto is mined, sold, and proceeds go to purchase CLAMS).
A major difference is that payouts are based on all-time accrued percentage, as opposed to short round based payouts.
Additionally, 25% of proceeds are put towards sub-price level buy orders; when/if these buy orders are sold into, the purchased CLAMS are paid out in much the same way as the other 75%, based on accrued percentage.

In fairness, payouts have been sporadic out of kHashier as low hash means either high withdrawal fees or slow payouts.


The Proof-Of-Pearl CLAM lottery is played by simply holding CLAMS in your wallet.
When you stake a block for the network, the reward varies between 0.1 - 1,000 CLAMS.

Ahhh, OK Well I just added a bit to the hashrate there.

[madmartyk]

One more question, how long does it take coins to mature?

[istvandv]

One more question, how long does it take coins to mature?

staked clams mature after 510 confirmations

[dooglus]

One more question, how long does it take coins to mature?

staked clams mature after 510 confirmations

It's weird. Your client accepts spends after 500 confirmations from everyone except yourself, but won't let you spend until 510 confirmations.

If you use 'sendrawtransaction' you can spend after 500 too.

Here's me 'spending' my recent lottery win just 503 blocks after winning it:



(click to enlarge)

[melds39]

Looks like such a fun coin... too bad the way it got distributed kind of suck for us poor 

[madmartyk]

My 27 Clams are now staking!!  But it tells me my network weight is 1 and I can expect reward in 143 days!  :O  Is that right?

[dooglus]

Looks like such a fun coin... too bad the way it got distributed kind of suck for us poor 

It was given out for free equally to everyone who held any non-dust amount of BTC, LTC, or DOGE. How could it possibly have been more fair?

My 27 Clams are now staking!!  But it tells me my network weight is 1 and I can expect reward in 143 days!  :O  Is that right?

The weight is the sum of (age_in_days times value_in_clams) of all your outputs.

After 24 hours your weight should be 27 (1 day times 27 CLAMs), and the estimate of staking time should be 27 times smaller. After 2 days it will halve again as your weight will have doubled, etc.

At least I think that's how it works.

[SuperClam]

Looks like such a fun coin... too bad the way it got distributed kind of suck for us poor  

The actual situation is EXACTLY the opposite.

When CLAMS were distributed, the size of a user's balance was not taken into account.
(Only requirement being the balance was above dust.)


So, the Shibe with a pile of tips in an address, and the Bitcoin old timer with hundreds of BTC in an address:

Were given exactly the same amount of CLAMS for that address.

[istvandv]

One more question, how long does it take coins to mature?

staked clams mature after 510 confirmations

It's weird. Your client accepts spends after 500 confirmations from everyone except yourself, but won't let you spend until 510 confirmations.

If you use 'sendrawtransaction' you can spend after 500 too.

Here's me 'spending' my recent lottery win just 503 blocks after winning it:
*snip*

interesting, never really tried to spend clams before the 510 confirmations, i just went by what was displayed in QT after a successful stake

oh, just got a clampool payout  

[istvandv]

Looks like such a fun coin... too bad the way it got distributed kind of suck for us poor 

just curious, why do you think the distribution was bad? what gave you this impression?

[SuperClam]

Looks like such a fun coin... too bad the way it got distributed kind of suck for us poor 

just curious, why do you think the distribution was bad? what gave you this impression?

Indeed: understanding where this impression came from could help us to improve our message.
It is our fair and wide distribution that sets us apart from the rest of the crypto-world.