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

[Trent Russell]

By the way, I'm forking the clam code because I need a functioning p2p rumour network for something I'm trying out. I've changed the default ports and magic number, so no one running clams should notice anything. I'm open to the idea of directly integrating with the clam network in some way, but let's wait and see. I'll post something more depending on whether things are successful.

My fork of the clam code is described here:

https://bitcointalk.org/index.php?topic=998559.msg13498133#msg13498133

In short: I'm trying to use the modified clam network to pass around data for a different network (Qeditas). I do it by representing everything as a dummy clam tx (generally no inputs and no outputs) that has all the actual data in the clamspeech part. Yes, it's a hack. But it might work, and I don't have enough C++ experience to code it cleanly from scratch (like having a new class for each kind of data).

[Brob12321]

right, but... which ones stake as easily as clams?

Your question does not really make any sense, any coin that has POS will stake as "easily" as Clams do.

[dooglus]

Im sorry, but how is CLAM even worth anything? How can it be the same pricw as coins such as Factom and ETH? I really dont understand..

It makes very little sense to compare the per-unit price of a coin without considering the number of coins in existence.

People tend to multiply the per-unit price by the number in existence to get numbers they can compare.

Take a look at http://coinmarketcap.com/ for instance. They rank coins like that. BTC is #1, ETH #4, FCT #12, and CLAM #26.

New altcoins regularly appear and get pumped for a while then fade back into obscurity. Factom seems popular at the moment, but check back in a few months.

[dooglus]

JD in its history wagered probably over 100s of millions of $.

JD once saw over $100M worth of BTC wagered in a single day.

[dooglus]

right, but... which ones stake as easily as clams?

Your question does not really make any sense, any coin that has POS will stake as "easily" as Clams do.

Right, it isn't clear what he means by "easy".

Maybe he's saying:

1) CLAM is easy to stake because it has the highest inflation rate of any PoS coin.

 * If so, that seems very unlikely. CLAM's stake rate isn't especially high. I'm sure you can find higher.

2) It is easy to stake CLAM because you just put some coins in your wallet and they stake automatically.

 * But that's the same for (almost?) all PoS coins. Nothing different about CLAM in that respect.

3) It is easy to stake CLAM because you don't have to download and sync the client; all you need to do is invest your coins at Just-Dice and they will stake for you, and you will get paid every 3 minutes instead of having to wait for days.

 * I guess, but then you're not really staking them, you're having someone else stake them for you. The reward paid every 3 minutes is the effect of everyone's CLAMs working in a giant staking pool.

[VultureFund]

Uhhh ladies look at that 200 BTC buy wall  Sure thing BUY BUY BUY you'll be rich Clams to da moon babe!!?¿?

[Ron~Popeil]

Uhhh ladies look at that 200 BTC buy wall   Sure thing BUY BUY BUY you'll be rich Clams to da moon babe!!?¿?

So that buy wall is yours? Prove it. Let's see a screen shot of your buy orders from poloniex.

[clf99]

right, but... which ones stake as easily as clams?

Your question does not really make any sense, any coin that has POS will stake as "easily" as Clams do.

Right, it isn't clear what he means by "easy".

Maybe he's saying:

1) CLAM is easy to stake because it has the highest inflation rate of any PoS coin.

 * If so, that seems very unlikely. CLAM's stake rate isn't especially high. I'm sure you can find higher.

2) It is easy to stake CLAM because you just put some coins in your wallet and they stake automatically.

 * But that's the same for (almost?) all PoS coins. Nothing different about CLAM in that respect.

3) It is easy to stake CLAM because you don't have to download and sync the client; all you need to do is invest your coins at Just-Dice and they will stake for you, and you will get paid every 3 minutes instead of having to wait for days.

 * I guess, but then you're not really staking them, you're having someone else stake them for you. The reward paid every 3 minutes is the effect of everyone's CLAMs working in a giant staking pool.

Ok, jesus.  i'm looking for a list of coins.  I can't find a current list of POS coins that aren't dead.  So I'm asking you guys if you have
any favorites.  People keep answering me without mentioning any specific coin.

What is the list of coins that are currently alive (they are used somewhere and have at least one living developer working on the code),
that are POS coins,
with a reasonable client that wont suck your machine dry,
that have a chance at a future (which clams do I think.)

E.g. Someone mentioned opal coins, but they seem totally dead.

Does anyone anywhere maintain a list of viable crytpos?  E.g. 'cryptos on POLO that are POS'  or 'cryptos on coinmarketcap that are POS'

I'm probably stupid and can't find the list.  That's why I'm asking u smart guys.  So I won't stay stupid.

[TooDumbForBitcoin]

Usually if I want Proof of Steak I go to Ruth's Chris, or maybe Cattlemans.  Growing up in Akron a million years ago, the place to go was The Brown Derby.  Black Angus is okay, too.  Zentner's Daughter in San Angelo used to be a big deal, but that was last century.

[gjhiggins]

Ok, jesus.  i'm looking for a list of coins.

Lux fiat.

https://minkiz.co/coin/active/


Cheers

Graham

[P-Funk]

Even if the removing staking vote gains a majority of stake support, it's not going to happen.

It seems very unlikely that stakers would vote to remove staking. Or did you mean "removing digging"?

If so, why do you think that?

Yeah slip of the keyboard there. I mean even if more than 50% of staking votes call for dig removal, I still don't think creativecuriosity and xploited would want to remove it.

[dooglus]

Uhhh ladies look at that 200 BTC buy wall   Sure thing BUY BUY BUY you'll be rich Clams to da moon babe!!?¿?

So that buy wall is yours? Prove it. Let's see a screen shot of your buy orders from poloniex.

It's not hard to fake a screenshot:

[Brob12321]

right, but... which ones stake as easily as clams?

Your question does not really make any sense, any coin that has POS will stake as "easily" as Clams do.

Right, it isn't clear what he means by "easy".

Maybe he's saying:

1) CLAM is easy to stake because it has the highest inflation rate of any PoS coin.

 * If so, that seems very unlikely. CLAM's stake rate isn't especially high. I'm sure you can find higher.

2) It is easy to stake CLAM because you just put some coins in your wallet and they stake automatically.

 * But that's the same for (almost?) all PoS coins. Nothing different about CLAM in that respect.

3) It is easy to stake CLAM because you don't have to download and sync the client; all you need to do is invest your coins at Just-Dice and they will stake for you, and you will get paid every 3 minutes instead of having to wait for days.

 * I guess, but then you're not really staking them, you're having someone else stake them for you. The reward paid every 3 minutes is the effect of everyone's CLAMs working in a giant staking pool.

Ok, jesus.  i'm looking for a list of coins.  I can't find a current list of POS coins that aren't dead.  So I'm asking you guys if you have
any favorites.  People keep answering me without mentioning any specific coin.

What is the list of coins that are currently alive (they are used somewhere and have at least one living developer working on the code),
that are POS coins,
with a reasonable client that wont suck your machine dry,
that have a chance at a future (which clams do I think.)

E.g. Someone mentioned opal coins, but they seem totally dead.

Does anyone anywhere maintain a list of viable crytpos?  E.g. 'cryptos on POLO that are POS'  or 'cryptos on coinmarketcap that are POS'

I'm probably stupid and can't find the list.  That's why I'm asking u smart guys.  So I won't stay stupid.

I usually stake Bitbean, Digicube, Clam, Diamond, Tek(it takes very long), Hypserstake.  If you looking for stakes everyday Digicube has a 2000% interest rate and is currently valued at about 8 cents.  Clams are likely to outlive any of those coins I mentioned though.

[bugsywugsy]

So I have my wallet built on Linux, and getinfo retrieves current info but I sent some clam to the address a few days ago and it's still at 0.00 balance. what could be wrong, what are my next steps?

[dooglus]

So I have my wallet built on Linux, and getinfo retrieves current info but I sent some clam to the address a few days ago and it's still at 0.00 balance. what could be wrong, what are my next steps?

Do you have the transaction ID?

Does the transaction show up on the block explorers? Check on khashier.com for instance.

[clf99]

I usually stake Bitbean, Digicube, Clam, Diamond, Tek(it takes very long), Hypserstake.  If you looking for stakes everyday Digicube has a 2000% interest rate and is currently valued at about 8 cents.  Clams are likely to outlive any of those coins I mentioned though.

Awesome.  Thanks.  So you've investigated this.  I hereby dub you an expert.  And you are saying, that clams are the best thing to stake.
That is your opinion, right?  Those other coins are not heavily traded anywhere or super active, right?  So in the POS world, clam wins.

right?

[bugsywugsy]

So I have my wallet built on Linux, and getinfo retrieves current info but I sent some clam to the address a few days ago and it's still at 0.00 balance. what could be wrong, what are my next steps?

Do you have the transaction ID?

Does the transaction show up on the block explorers? Check on khashier.com for instance.

yes it appears in the block explorer, 3.3k confirmations. just not in the wallet.

[Brob12321]

I usually stake Bitbean, Digicube, Clam, Diamond, Tek(it takes very long), Hypserstake.  If you looking for stakes everyday Digicube has a 2000% interest rate and is currently valued at about 8 cents.  Clams are likely to outlive any of those coins I mentioned though.

Awesome.  Thanks.  So you've investigated this.  I hereby dub you an expert.  And you are saying, that clams are the best thing to stake.
That is your opinion, right?  Those other coins are not heavily traded anywhere or super active, right?  So in the POS world, clam wins.

right?

Yes I've done some research and have had personal experience with all of them.  The other coins besides Clam do not have much volume so they really aren't great if you're looking to do a "real" investment because it would alter the market by a huge amount if you buy or sell.  Clam is good I would stake it on just-dice though to get you're percentage every couple minutes instead of staking it by yourself and getting a stake every few days.  It just feels like you're making more money when it comes in faster lol. 

[dooglus]

yes it appears in the block explorer, 3.3k confirmations. just not in the wallet.

OK. Check that you have the private key in your wallet, by going to the debug console and running:

  validateaddress xYOURADDRESS

where xYOURADDRESS is your CLAM address.

If so, then you just need to rescan the blockchain, by running the client with the -rescan parameter.

  clam-qt -rescan

[bugsywugsy]

yes it appears in the block explorer, 3.3k confirmations. just not in the wallet.

OK. Check that you have the private key in your wallet, by going to the debug console and running:

  validateaddress xYOURADDRESS

where xYOURADDRESS is your CLAM address.

If so, then you just need to rescan the blockchain, by running the client with the -rescan parameter.

  clam-qt -rescan

Its valid, but there is no private key when I issue that command