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

[BayAreaCoins]

New CLAM faucet!

www.FreeCLAM.com

[winchancer]

Just Dice is fun as although I lost everything after getting too greedy I'm going to be coming back to try to win it all back plus some

Better to buy and invest in the bankroll than to chase losses. With staking and the ability to leverage your clams will grow a lot faster.

Right said! I myself going to start investing in justdice first...

[AT101ET]

Looking to sell my CLAM from a DOGE wallet.
Who wants it? Looking for BTC. (You'd need to explain to me how I can redeem the clams and send it).

[ciocgun]

i will try to CLAM too.
Nice idea
I've to download the wallet and insert my old address with the correct key.
Is it right?

thank you and sorry but i cannot read all the posts since the start

[no141]

I keep 10 connections, and I'm using 1.4.10, but I get my last block was conflicted. The last one before that on 1.4.7 was conflicted also. What else can I do to stop generating conflicted blocks?

[BayAreaCoins]

Looking to sell my CLAM from a DOGE wallet.
Who wants it? Looking for BTC. (You'd need to explain to me how I can redeem the clams and send it).

How many do you have?

PM me please.

[alani123]

i will try to CLAM too.
Nice idea
I've to download the wallet and insert my old address with the correct key.
Is it right?

thank you and sorry but i cannot read all the posts since the start

If you enter the just-dice website, you'll find a guide on how to cash out clams. I remember it having a way to redeem them online too, not sure if that's still there.

[JaredStein]

i will try to CLAM too.
Nice idea
I've to download the wallet and insert my old address with the correct key.
Is it right?

thank you and sorry but i cannot read all the posts since the start

I am pretty sure you can go onto just dice and do /dig [adress]. If it says there are CLAMs to claim you can import it into your CLAM wallet.

[TookDk]

I have a few questions to the CLAM community.
I finally had some time to redeem some more clams from some old bitcoin paper wallets.
So, I am actually considering to hold on to these fresh CLAM for a while and do som POS, I think it is a interesting initial distribution, and I see more and more accepting clam.

But I need some info:
How long is the stake time for POS on CLAM?
What are the stake award?
What is the maximum total number of CLAM?
How much was initial distributed? (I know this number can be a little fluffy because of the proff of chain distribution)

Thank you very much

[BayAreaCoins]

But I need some info:
How long is the stake time for POS on CLAM?

When you first stake your CLAMS I believe it takes 500 blocks in order for your CLAMS to actually have a chance staking.  When you stake a block your coins can't move for like... gosh can't remember (someone will need to answer this question better.)

What are the stake award?

Block reward is currently 1 CLAM and you also get all the fees.

The block reward may change if the future, but for now it is 1 CLAM reward fo eva.

What is the maximum total number of CLAM?

No hard cap atm... CLAM is like a Just-dice and Doge-dice had a baby.

How much was initial distributed? (I know this number can be a little fluffy because of the proff of chain distribution)

 

15,059,850 CLAM distributed to 3,208,032 sets of different BTC, DOGE and LTC addresses.  The left overs of the 15,059,850 CLAM got sent to a burn address (I don't have it on hand.)

[TookDk]

Thanks BAC

When you first stake your CLAMS I believe it takes 500 blocks in order for your CLAMS to actually have a chance staking.  When you stake a block your coins can't move for like... gosh can't remember (someone will need to answer this question better.)

What is the target time between blocks?

15,059,850 CLAM distributed to 3,208,032 sets of different BTC, DOGE and LTC addresses.  The left overs of the 15,059,850 CLAM got sent to a burn address (I don't have it on hand.)

I am not sure I understand this, what kind of "left overs" are we talking about?

[BayAreaCoins]

What is the target time between blocks?

1 Minute average block times.

You are welcome!

I'm going to let someone answer your other question because I don't have the answer handy and I should have been asleep a hour ago!

[TookDk]

I'm going to let someone answer your other question because I don't have the answer handy and I should have been asleep a hour ago!

You better have some rest then.
Sleep well.

[dooglus]

But I need some info:
How long is the stake time for POS on CLAM?
What are the stake award?
What is the maximum total number of CLAM?
How much was initial distributed? (I know this number can be a little fluffy because of the proff of chain distribution)

You can answer a few of these questions by going to just-dice.com, switching to the 'chat' tab, typing /supply, and hitting return.

You see something like this:

10:15:31 INFO: 67,131 of 3,208,032 sets of 4.60545574 CLAM were dug up so far from the initial distribution
10:15:31 INFO: 309,169 CLAM were dug up and 285,717 CLAM were staked for a total of 594,886 CLAM
10:15:31 INFO: Just-Dice's onsite bankroll of 424,735 CLAM represents 71.40% of that amount
10:15:31 INFO: if all the distributed CLAMs were dug up, the total money supply would be 15,060,118 CLAM

The blockchain targets 1-minute blocks, so 1440 blocks per day. Each creates 1 new CLAM, and gives the tx fees to the staker too.

JD stakes around 1100 per day from its 424k bankroll. From that you can calculate that to stake 1 block per day you need about 424k/1100 = 385 CLAMs. In other words the daily reward is around 0.25%.

There's no maximum set, just a steady 1 CLAM per minute inflation.

The first INFO line above answers your last question. 3.2 million addresses got 4.6 CLAM each for a total of around 15 million. Only 67k of those 3.2 million were moved so far (around 2% of them).

As for the burn issue, the developers created the CLAMs for the initial distribution using a short proof of work phase. They ended up generating too many, and burned the ones they didn't need to fund the initial distribution. Here's the burn address:

  http://khashier.com/address/xCLAMBURNXXXXXXXXXXXXXXXXXXX1HaxZH

[TookDk]

<lots of info>

Thank you for the detailed explanation, much appreciated.

Any protip about hodling CLAM, any good reason why to dump em or hold em?

[Gibbs187x]

<lots of info>

Thank you for the detailed explanation, much appreciated.

Any protip about hodling CLAM, any good reason why to dump em or hold em?

the price is going down

[dooglus]

Any protip about hodling CLAM, any good reason why to dump em or hold em?

the price is going down

I saw this in the Just-Dice chat:

(960217) <ElysianBaws> dont worry about clams
(960217) <ElysianBaws> i had to sell some cus i needed btc
(960217) <ElysianBaws> wont sell more
(960217) <ElysianBaws> I actually tried to trick the shapeshift system
(960217) <ElysianBaws> cus it worked in my test
(960217) <ElysianBaws> but it actually goes down with the poloniex price and the other way around

The price of CLAM doesn't seem to move a whole lot - it's been between 0.005 and 0.008 BTC for quite a while now.

The main use for CLAM is still Just-Dice. Other places are starting to accept it, but I don't think any of them have near the volume that Just-Dice does.

People are investing in the Just-Dice bankroll and earning around 1.7% to 2.0% per week doing so (mostly from staking rewards). If the price holds steady, that's a reasonable thing to do.

ElysianBaws went on to say:

(960217) <ElysianBaws> anyone wants to sell clams? i buy 100 btc worth 0.003 ^^

So he's looking to buy back in already. Just trying his luck at day-trading I guess.

[thefix]

Any protip about hodling CLAM, any good reason why to dump em or hold em?

the price is going down

I saw this in the Just-Dice chat:

(960217) <ElysianBaws> dont worry about clams
(960217) <ElysianBaws> i had to sell some cus i needed btc
(960217) <ElysianBaws> wont sell more
(960217) <ElysianBaws> I actually tried to trick the shapeshift system
(960217) <ElysianBaws> cus it worked in my test
(960217) <ElysianBaws> but it actually goes down with the poloniex price and the other way around

The price of CLAM doesn't seem to move a whole lot - it's been between 0.005 and 0.008 BTC for quite a while now.

The main use for CLAM is still Just-Dice. Other places are starting to accept it, but I don't think any of them have near the volume that Just-Dice does.

People are investing in the Just-Dice bankroll and earning around 1.7% to 2.0% per week doing so (mostly from staking rewards). If the price holds steady, that's a reasonable thing to do.

ElysianBaws went on to say:

(960217) <ElysianBaws> anyone wants to sell clams? i buy 100 btc worth 0.003 ^^

So he's looking to buy back in already. Just trying his luck at day-trading I guess.

The great thing about Clams is the large community behind it that helps it be very successful. Sometimes you can have the best product but without community support and active members no one will ever know. That is what attracted me early on even before Just-dice when the price was fairly low. The community was active, encouraging and dooglus went out of his way to explain how the coin worked and best way to get the most out of your stakes. I am happy to be part of such a successful community!

[btc2155123]

I just downloaded and synced the Clam client for Mac for the first time and I'm trying to transfer my dogecoin .dat file. I tried doing it and the console just showed the red - symbol and was blank in text. Then I closed the client and went to try again so I loaded up the client and first it showed the normal screen which loads the blocks then a popup said "warning: error reading wallet.dat all keys read correctly, but transactction data or address book entries might be missing or incorrect clam client" I clicked ok and the screen said "Rescanning", then it briefly said "Done loading" the it quits unexpectedly.

Does anyone know what this is and how to fix it?

[btc2155123]

Never mind the last post I figured it out.

However, I am trying to import my dogecoin wallet.dat to get clam on mac and I do not know how. When I click file and import file I click the .dat then enter the password but the console just shows the red - sign and no text.