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Author Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"  (Read 917978 times)
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phzi
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July 17, 2014, 07:32:10 PM
 #581

My wallet is encrypted but unlocked. Do I need to keep the wallet open to stake coins? If not how often should I open and sync it in order to stake coins.
With the new PoS reward scheme, you will receive more stake rewards if you leave your wallet open all the time.  Opening it occasionally will result in decreased stake income.
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July 17, 2014, 07:50:24 PM
 #582

With the new PoS reward scheme, you will receive more stake rewards if you leave your wallet open all the time.  Opening it occasionally will result in decreased stake income.

Thanks for the answer!
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July 17, 2014, 08:11:32 PM
 #583

hello! My wallet stake but im just curios i know it takes 510 confirmation but im just wondering
its very long time to confirm.. i stake to confirm is about 12 to 24 hours
is it normal?
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July 17, 2014, 09:30:36 PM
 #584

I am staking about every 24 hours as well

Dare I ask how many coins and their current age (as shown in Coin Control). As I've got 10 with about 1400 confirmations and it's been at 18 minutes for over 20 hours now!
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July 17, 2014, 09:44:00 PM
 #585

I am staking about every 24 hours as well

Dare I ask how many coins and their current age (as shown in Coin Control). As I've got 10 with about 1400 confirmations and it's been at 18 minutes for over 20 hours now!

wow you got 10 mined a day? i got only 1 a day Sad
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July 17, 2014, 09:46:13 PM
 #586

I am staking about every 24 hours as well

Dare I ask how many coins and their current age (as shown in Coin Control). As I've got 10 with about 1400 confirmations and it's been at 18 minutes for over 20 hours now!

wow you got 10 mined a day? i got only 1 a day Sad

No, no, no! I wish! Smiley

I'm *staking* 10 coins and haven't got anywhere in almost a day, even thought it fluctuates from 16-20 minutes.
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July 17, 2014, 09:50:42 PM
 #587

I am staking about every 24 hours as well

Dare I ask how many coins and their current age (as shown in Coin Control). As I've got 10 with about 1400 confirmations and it's been at 18 minutes for over 20 hours now!

wow you got 10 mined a day? i got only 1 a day Sad

No, no, no! I wish! Smiley

I'm *staking* 10 coins and haven't got anywhere in almost a day, even thought it fluctuates from 16-20 minutes.
i think the times it says is way off...
im staking 30's i stake once  a day Im buying more soon it may change
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July 18, 2014, 12:53:03 AM
 #588

PoS + exchanges who keep the customer's PoS rewards = crypto central banks Shocked
It is very ecouraging to see how most of us are content to simply hold onto our CLAMs, and should serve as a good indicator of how evenly distributed the air drop really was.
Sell Orders Total: 940.57584004 CLAM

This is very true! 
We have been amazed by the "strength" of many of the hands who are holding CLAMS.
That is not the 'norm' by any means in crypto these days.



This is a KEY problem with all staking coins... and kills their liquidity.
In the Real World...
When I buy or transfer Stock Certificates to a broker...
I maintain legal ownership of the stock and receive all dividends.
But in the Crypto World...
Is deliberately structured so that scammers + exchanges can rip off ordinary people...
Wallets need to be modified with a "escrow segregated" category...
So exchanges only act as escrow, but do not actually own the coins...
This would also eliminate that massive security problems like VRC.
As for stakes...
I got about 0.8 is stakes in 3 days on 50 clams = 600-700% interest compounded...
This may actually be sustainable as more and more people "discover" clams over time...
And if the hash rate goes up 10 fold or 100 fold, etc.
Last night I got a super-stake of 275 clams. Damn.


Just Awesome Smiley
We blasted it out on twitter:
https://twitter.com/ClamClient/status/489933792023302145
We would be very happy if anyone who sees would help to make sure that everyone we can sees these lottery tweets and posts.
So many just have no idea what we have going here!




Well, my clams are staking about once every day or so... up to 5.3 clams....
Trying to get my brother to 'give' me his doge privatekeys...
Added CLAM to my signature file as well... I am in  Smiley

Grin
And we are glad you are
Grin



I am staking about every 24 hours as well
Dare I ask how many coins and their current age (as shown in Coin Control). As I've got 10 with about 1400 confirmations and it's been at 18 minutes for over 20 hours now!
wow you got 10 mined a day? i got only 1 a day Sad
No, no, no! I wish! Smiley
I'm *staking* 10 coins and haven't got anywhere in almost a day, even thought it fluctuates from 16-20 minutes.
i think the times it says is way off...
im staking 30's i stake once  a day Im buying more soon it may change

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

https://bitcointalk.org/index.php?topic=623147
Proof-Of-Chain, 100% Distributed BEFORE Launch.
Everyone who owned BTC, LTC, or DOGE at launch got free CLAMS.
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July 18, 2014, 04:02:14 AM
 #589

I like the Clam sadly i did not have many, i have them staking and bought them some friends on polo, could be some fun ways to go with a cool GUI on this Clam. Hope i get a Pearl stake super reward soon  Grin
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July 18, 2014, 04:16:23 AM
 #590

I like the Clam sadly i did not have many, i have them staking and bought them some friends on polo, could be some fun ways to go with a cool GUI on this Clam. Hope i get a Pearl stake super reward soon  Grin

thundertoe,

Welcome to the thread, friend!

Sorry to hear about the less than stellar "claim".
The good news?

Difficulty is low, and staking CLAMS means more CLAMS to stake Smiley

https://bitcointalk.org/index.php?topic=623147
Proof-Of-Chain, 100% Distributed BEFORE Launch.
Everyone who owned BTC, LTC, or DOGE at launch got free CLAMS.
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July 18, 2014, 05:04:59 AM
 #591

Wow I keep forgetting to stake my coins.. duh!  guess it's worth buying some more on the next dip and seeing how the markets reacts.  Please keep up the great work!
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July 18, 2014, 05:35:07 AM
 #592

Wow I keep forgetting to stake my coins.. duh!  guess it's worth buying some more on the next dip and seeing how the markets reacts.  Please keep up the great work!

The vote of confidence is appreciated Grin

Remember, CLAMS is a bit unusual in that staking your wallet more often == better returns, much like Proof-Of-Work mining.

https://bitcointalk.org/index.php?topic=623147
Proof-Of-Chain, 100% Distributed BEFORE Launch.
Everyone who owned BTC, LTC, or DOGE at launch got free CLAMS.
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July 18, 2014, 06:32:38 AM
 #593

Updating for any one wondering about DogeCoin or Litecoin which is also possible with 3 simple changes to the pubkey address in base58.py

I just checked, and it appears that no change is necessary.

My function works for DOGE and LTC addresses without modification.

>>> print btc2clam('DT4ZXv7ByoGbrkE6umxLpVesy5BUWmRqxw')
xWE6tY11x6rMN89NXfbShun4K3kQXVj7C8

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July 18, 2014, 07:17:36 AM
 #594

I staked another 0.1.....
I really want a lotto block  Smiley

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July 18, 2014, 07:22:12 AM
 #595

Wow I keep forgetting to stake my coins.. duh!  guess it's worth buying some more on the next dip and seeing how the markets reacts.  Please keep up the great work!

The vote of confidence is appreciated Grin

Remember, CLAMS is a bit unusual in that staking your wallet more often == better returns, much like Proof-Of-Work mining.

I have like 5.3 clams now...  does in make sense to send half to myself so I can have two sets of staking clams?

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July 18, 2014, 07:27:13 AM
 #596

Wow I keep forgetting to stake my coins.. duh!  guess it's worth buying some more on the next dip and seeing how the markets reacts.  Please keep up the great work!

The vote of confidence is appreciated Grin

Remember, CLAMS is a bit unusual in that staking your wallet more often == better returns, much like Proof-Of-Work mining.

I have like 5.3 clams now...  does in make sense to send half to myself so I can have two sets of staking clams?

I have at least 10 clam addresses with at least 4.20 clams in each one. I am still only getting stakes once or twice per day, I leave wallet open all day.
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July 18, 2014, 07:30:24 AM
 #597

I have like 5.3 clams now...  does in make sense to send half to myself so I can have two sets of staking clams?

I don't think so. Each half would take twice as long to stake on average.

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July 18, 2014, 12:52:27 PM
 #598

Somebody just swept the Order Book all the way up to 0.00395...
It's the only way to buy any volume... just take a look at the Depth Chart.

So few people are selling Clams that they are very hard to accumulate.
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July 18, 2014, 02:55:28 PM
 #599

PoS + exchanges who keep the customer's PoS rewards = crypto central banks Shocked
It is very ecouraging to see how most of us are content to simply hold onto our CLAMs, and should serve as a good indicator of how evenly distributed the air drop really was.
Sell Orders Total: 940.57584004 CLAM

This is very true! 
We have been amazed by the "strength" of many of the hands who are holding CLAMS.
That is not the 'norm' by any means in crypto these days.


You don't have to tell me. heh.. eg. My trust rating serves more as a shitcoin war log. Tongue

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July 18, 2014, 02:57:22 PM
 #600

Somebody just swept the Order Book all the way up to 0.00395...
It's the only way to buy any volume... just take a look at the Depth Chart.

So few people are selling Clams that they are very hard to accumulate.

I've had a buy order at 0.001 for about a week now, but it hasn't been hit at all. The price was just a fraction over 0.001 when I placed it, and now it's around 0.003.

I'm not very experienced with exchange markets. Could my large buy order (I have a series of smaller buy 'steps' now) be driving the upward price movement even though I'm not actually buying anything?

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