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

[Cryptosis]

Hey guys I'm new to Clams n have been a silent reader of this thread for sometime but I'm still not sure how to even get clams or how the lottery works. I didn't have a btc address when clams launched so I don't have any if the giveaway clams. I guess I'm asking how I go about getting clams, can it still be mined or can u only but through an exchange and if so what exchanges list Clams. Thanks guys

CLAMS is a proof of stake coin. You "mine" it by just leaving your wallet program running, but you have to have some CLAMS for that to work.

All the initial CLAMS were given out to existing BTC, LTC, and DOGE holders earlier this year. There won't be any more CLAMS made now other than from proof of stake.

The lottery aspect works as follows:

You leave your wallet open, with CLAMS in it. Every second you have a tiny chance of creating the next block. Your chance is proportional to how many CLAMS you have and how old they are. When you create the block you get a reward. The reward is random, but almost always 0.1 CLAM. It can be anywhere between 0.1 CLAM and 1000 CLAM, with smaller numbers being much more common than bigger ones.

So usually you will get 0.1 CLAM each time you make a block, but occasionally you'll get several hundred CLAM.

As far as I know CLAM is only listed on https://www.poloniex.com/ where you can get around 2000 per BTC last I looked.

Thanks for the detailed info. I have a polo acct so ill transfer some btc and buy some clams and get to staking.

On another note is the lotto payouts proportional to the number of clams you have staking? Say someone with 100 clams receives a higher payout than someone with 5 clams staking.

[dooglus]

Thanks for the detailed info. I have a polo acct so ill transfer some btc and buy some clams and get to staking.

There's quite a spread between bid (0.00040031) and ask (0.00053994). If you like I can see you some CLAM at a price halfway between those two prices, with no commission. If you're interested, post here or PM me and we'll make it happen.

On another note is the lotto payouts proportional to the number of clams you have staking? Say someone with 100 clams receives a higher payout than someone with 5 clams staking.

The chance of being able to stake a block using a particular output in your wallet is proportional to the "weight" of that output, which is its value in CLAMs multiplied by its age in days. So the guy with 100 CLAMs gets to stake 20 times more often than the guy with 5 CLAMs. Each time you stake, the same calculation is done to determine how much you earn. It's independent of the age or size of the output.

The other thing to bear in mind is that there is a 4 hour waiting period before an output can stake, and those 4 hours don't count towards the age of the output when computing its weight for staking. I think that it makes sense to split your 100 CLAMs up into 20 separate addresses with 5 in each. Then when one of them stakes the other 19 continue to age, and don't have to wait for another 4 hours to get to work.

[spinladen]

Bit of a strange one here. I downloaded the win client from mega, and to speed up things forced it to connect to my fully synced local node with listen=0 connect=x.x.x.x
Note the block estimate versus (single) peer height. Not sure why the estimate is about half what it should be. Once it got to 0 the progress bar disappeared, but the "(out of sync)" message was still there (presumably because the last block was far too old)
I had to allow it to connect to other peers in order to continue past block 48000.

48k is an odd block to get stuck on.... if it was 34k the reason would of coarse be obvious...

just the answer i'm lookin for......I'm stuck at 34k..what gives?

[paulc010]

That was when the lottery was introduced so there was a hard fork IIRC. You need a wallet v4.2.1 or higher.

[kennyclaw]

How do you claim clams?

I have btc wallet and had a ltc & doge wallet.

Thanks in advance for assistance! 

[kennyclaw]

How do you claim clams?

I have btc wallet and had a ltc & doge wallet.

Thanks in advance for assistance! 

Found it!

[kennyclaw]

How do you claim clams?

I have btc wallet and had a ltc & doge wallet.

Thanks in advance for assistance! 

Found it!

Sorry to bother again, since I don't have lite & doge wallet anymore, can I only claim clams for btc?

[paulc010]

You need the wallet keys to claim the clams so it would seem that yes it'll be BTC only. The distribution was done a few months ago so as long as the wallet was active at that time it should have some CLAMs associated with it. Nothing ventured, nothing gained - plus CLAMs aren't that expensive to buy at the moment on Poloniex if all else fails

[garthkiser]

Sorry to bother again, since I don't have lite & doge wallet anymore, can I only claim clams for btc?

Are you sure you still don't have the LTC and DOGE data folders? Unless you changed computers or deliberately deleted the data folders, then they are still there. You probably already knew that, but just checking

[jd1959]

Hi guys
Any word on new mining pool setup? I'm currently mining some BBR and donating to Dev would be happy to mine some for development here if it gets sorted. I think doing some mining for Dev's is a cool thing when you

think they do all the work, and if they premine everyone calls them nasty names. So honest Dev's face an uphill battle trying to survive in the real world as well as the digital. Dev's have to eat and we benefit so I see it

as a win win, it also helps build a feeling of community IMO

Jon 

[SuperClam]

Hi guys
Any word on new mining pool setup? I'm currently mining some BBR and donating to Dev would be happy to mine some for development here if it gets sorted. I think doing some mining for Dev's is a cool thing when you

think they do all the work, and if they premine everyone calls them nasty names. So honest Dev's face an uphill battle trying to survive in the real world as well as the digital. Dev's have to eat and we benefit so I see it

as a win win, it also helps build a feeling of community IMO

Jon 

Donations for Bounties and Development are always welcome here:
xSPyaVCwifuzqsZEURd6E1QUsCgyJax6L1

The new CLAMshell is probably a week or two down the road, as a rough estimate.
We appreciate the kind words

[qiwoman2]

I have only heard the best words spoken about CLAMS on the POLO Trollbox, way to go..

[kronicblazer]

should I download the v. 1.4.2.2 GUI Import Test Build   or    v. 1.4.2.1 Previous 'Stable' Build version? 

[SuperClam]

should I download the v. 1.4.2.2 GUI Import Test Build   or    v. 1.4.2.1 Previous 'Stable' Build version? 

There haven't been any issues reported concerning the Test Build at this point and thus we would recommend that you download the v1.4.2.2.

In fact, I will go ahead and bump the test build up to stable now.

[SuperClam]

Just a quick update:


Progress coming along nicely on the new CLAMshell interface.
Extremely Rough Estimated Launch: within the week.


xploited has made great progress on the back-end of the upcoming lottery tab.  If things continue going well, expect complete lottery statistics in-client in the upcoming update.  tryphe is working on the front-end portion of the lottery tab.  In addition, tryphe has an awesome entirely new slick UI interface for CLAMS.  We hope to get that into the upcoming update as well.  We intend to make the lottery tab a one-stop place for tweaking and monitoring your lottery efficiency/game; so far, so good

We can't announce the best part yet, as it is still in testing.  As soon as we are certain it works, and it is going in, we will officially announce it   Expect a stir


garthkiser has been busily working on the updated theme and face of the clamclient.com website.  It looks great and is coming along nicely.  We hope the new website will make CLAMS a bit easier to digest for new users.  Expect the new website to be released some time in the next week or two.


Have an idea, comment, silly-remark?
Come say "hello" 
#clams @ freenode on irc
http://clamclient.com/irc/

[freedomsr40]

ok guys so question, my wallet says "not staking because no mature coins" i thought the lottery started right after i deposited them? ive gotten no payouts for the lottery in a few hours...is this normal? when will i start seeing atleast the .1 clam per block? thanks

[freedomsr40]

oh...i see it takes about 8.5 hours before the lottery thing starts and the coins are mature enough...right?

[SuperClam]

oh...i see it takes about 8.5 hours before the lottery thing starts and the coins are mature enough...right?

Correct!

Glad to see you weren't all talk in the trollbox

Welcome to CLAMS, friend!

[dooglus]

oh...i see it takes about 8.5 hours before the lottery thing starts and the coins are mature enough...right?

I think maybe only 4 hours. The maturing thing is only for newly mined (or staked) coins. If you bought some on an exchange and withdrew to your wallet, I think they are ready to stake after 4 hours - but I could be wrong.

[SuperClam]

oh...i see it takes about 8.5 hours before the lottery thing starts and the coins are mature enough...right?

I think maybe only 4 hours. The maturing thing is only for newly mined (or staked) coins. If you bought some on an exchange and withdrew to your wallet, I think they are ready to stake after 4 hours - but I could be wrong.

dooglus,

You are rarely wrong

Speaking of which, don't be a stranger in the irc channel.
Would like to make sure that we don't miss any of your fixes when we do this upcoming update.