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

[smooth]

Hey folks. Just a little update on the status of ClamBaker.Club.

We are currently back online and deposits have been re-enabled!

Come check out ClamBaker.Club for the worlds first loss-less investment based game!

WOW does this mean we can passively invest CLAMS and earn an roi on them? I would love to grow some CLAMS for our asset-backed coin.. 

Absolutely. The Stake-n-Bake system ensures you will always end up in profit.

Make sure to invest from the official CLAM client though.. Investing from an exchange or Just-Dice will likely cause your CLAM to be sent to another account on those sites.

.....and if u run away with our CLAM?

That is a very high risk yes. Newbie account. Be careful kids.

[romjpn]

That ClamBaker thing is easy to understand.

It's a ponzi (everyone knows what it is around here I guess) that promise to pay back the money (with profits) with the stakes if there is no new investors money that is flowing in.
It's a like a weird online staking wallet with a ponzi over it.
I'm not involved but I think that's what the owner wanted to do ?

[NoobKidOnTheBlock]

So is it really worth even trying to stake CLAMS or do a lot of heavy holders stake the majority making it virtually impossible for smaller stakers to receive any rewards?

[ziomar]

So is it really worth even trying to stake CLAMS or do a lot of heavy holders stake the majority making it virtually impossible for smaller stakers to receive any rewards?

If you consider the fact that this coin is cratering since months and months you get your answer easily

[NoobKidOnTheBlock]

So is it really worth even trying to stake CLAMS or do a lot of heavy holders stake the majority making it virtually impossible for smaller stakers to receive any rewards?

If you consider the fact that this coin is cratering since months and months you get your answer easily

Well I haven't been paying the closest attention to the coin lately was just wondering if it was even worth me staking any of them at all cause I do have the wallet but didn't know if it was worth trying to stake some or not lol

[smooth]

So is it really worth even trying to stake CLAMS or do a lot of heavy holders stake the majority making it virtually impossible for smaller stakers to receive any rewards?

Total net stake is about 1m. Blocks per day is 1440. Each block reward is 1 CLAM. So with 694 CLAMs you will stake one CLAM per day on average (of course this is just an average; each day you may get multiples or zero). With half that, you'll average every other day, etc.

[NoobKidOnTheBlock]

So is it really worth even trying to stake CLAMS or do a lot of heavy holders stake the majority making it virtually impossible for smaller stakers to receive any rewards?

Total net stake is about 1m. Blocks per day is 1440. Each block reward is 1 CLAM. So with 694 CLAMs you will stake one CLAM per day on average (of course this is just an average; each day you may get multiples or zero). With half that, you'll average every other day, etc.

Thanks for summing that up better for me mate I appreciate that

[Chuck_Bartowski]

Hey folks. Just a little update on the status of ClamBaker.Club.

We are currently back online and deposits have been re-enabled!

Come check out ClamBaker.Club for the worlds first loss-less investment based game!

Just another HYIP..wondering how long this will last..lol

[TRilon]

Just another HYIP..wondering how long this will last..lol

Too low trading volumes, you need a lot more

[dooglus]

Just another HYIP..wondering how long this will last..lol

Too low trading volumes, you need a lot more

I'd have thought the opposite. The higher the throughput of a HYIP, the more "interest" you need to find from somewhere, and so the less able you are to meet your obligations in a timely manner.

It's all very well to say that any shortfall will be made up from staking, but that fails to take into account just how long it takes to earn a 25% return on the total throughput when only part of a single deposit (and possibly the operator's 2% fee on all throughput) is staking at any given time.

[smooth]

Just another HYIP..wondering how long this will last..lol

Too low trading volumes, you need a lot more

I'd have thought the opposite. The higher the throughput of a HYIP, the more "interest" you need to find from somewhere, and so the less able you are to meet your obligations in a timely manner.

It's all very well to say that any shortfall will be made up from staking, but that fails to take into account just how long it takes to earn a 25% return on the total throughput when only part of a single deposit (and possibly the operator's 2% fee on all throughput) is staking at any given time.

Currently the stake rate is over 4% per month so staking 25% wouldn't really take that long. Were it not for the risk of exit fraud this doesn't seem like a bad idea. You get the ponzi/gambling appeal of possibly getting paid back sooner and an expected payment in several months. If claims continue at a high rate than the 4% will drop rapidly, so it could take longer, but even so 25% should be achievable from staking, probably.

But the risk of exit fraud with an unknown operator on a newly registered newbie account is nearly 100%.

EDIT: Correction, this won't work because as dooglus correctly pointed out most of the investment will already be paid out to earlier investors (thus not available to stake). Just a pozni. Avoid.

[dooglus]

But the risk of exit fraud with an unknown operator on a newly registered newbie account is nearly 100%.

EDIT: Correction, this won't work because as dooglus correctly pointed out most of the investment will already be paid out to earlier investors (thus not available to stake). Just a pozni. Avoid.

There are additional risks from issues like this, where the payout is sometimes sent to the wrong address.

[TooDumbForBitcoin]

CLAM is a pozni.

[PolarPoint]

If my client is connected to 20 other nodes (shown when I click on the network icon) and the ticket icon say I am staking, my settings must be correct, right? Do I need to forward a port from my home router to my computer? If so, which port should I forward? Is there a default port? I scanned through this thread and I see different ports specified. Thanks in advance.

[chriswen]

If my client is connected to 20 other nodes (shown when I click on the network icon) and the ticket icon say I am staking, my settings must be correct, right? Do I need to forward a port from my home router to my computer? If so, which port should I forward? Is there a default port? I scanned through this thread and I see different ports specified. Thanks in advance.

20 other nodes probably means you can accept incoming connections.

[bigsky101]

I downloaded Clam Client 1.4.17 for OSX.  I've noticed that at random blocks it stalls for very long periods of time.  I'm currently at block 338xxx (13 Feb 2015).  I've noticed that restarting the client speeds up the process quit a bit.  I'm wondering if adding nodes (is there a list of nodes available) would be helpful and if using the console or if adding a .config file in Application Support would be appropriate. 

I've been downloading the chain for about 18 hours and am on block 338xxx with 36 weeks left.  Does this seems about right?

I have between 8 - 14 connections at any given time and have a reliable connection 20 Mbps +

[bigsky101]

I downloaded Clam Client 1.4.17 for OSX.  I've noticed that at random blocks it stalls for very long periods of time.  I'm currently at block 338xxx (13 Feb 2015).  I've noticed that restarting the client speeds up the process quit a bit.  I'm wondering if adding nodes (is there a list of nodes available) would be helpful and if using the console or if adding a .config file in Application Support would be appropriate. 

I've been downloading the chain for about 18 hours and am on block 338xxx with 36 weeks left.  Does this seems about right?

I have between 8 - 14 connections at any given time and have a reliable connection 20 Mbps +

Nevermind, I have answered my own question.  I have found the bootstrap for the chain in a previous post. It seems to be working fine.  If anybody is curious:

https://bitcointalk.org/index.php?topic=623147.msg9772191#msg9772191

[dooglus]

If my client is connected to 20 other nodes (shown when I click on the network icon) and the ticket icon say I am staking, my settings must be correct, right? Do I need to forward a port from my home router to my computer? If so, which port should I forward? Is there a default port? I scanned through this thread and I see different ports specified. Thanks in advance.

20 other nodes probably means you can accept incoming connections.

To be absolutely sure, go to the debug console and type 'getpeerinfo'.

It will show you a bunch of information about each peer you are connected to, including its "inbound" status. If any of them show "inbound: true" then you are accepting incoming connections, and everything is OK.

[dooglus]

Updated dig charts:

[ShapeShift.io]

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