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

[shawn2025]

It is hard to get anyone to accept Paypal for crypto especially when you are a Newbie with no reputation.

You are better off buying Bitcoin using one of the well-established mechanisms and exchanging it for CLAMs.

I know I'm nobody. That's why I'm asking to do business with someone reputable in a sense.  Where else to go?  I'm looking to start a relationship as i am in this for the long haul.  If Doog were to sell me Clams with no problem, then I might gain street cred.  I hold Shadowcash that is doing well and I don't want to part with so I'm looking for other options.  I got in via Doge and have those too, which doubled within the last year.  My old Doge wallet started me out with 239 Clams.  I shit myself.  *Invested Staked*  When Clams went to .39 I triple downed.  No regrets. 

Long time lurker.  I probably posted one drunk on the internets post here during the whale dig Homer Simpson like. 

With luck someone here has faith in humanity and will experience a fair transaction with me.  (Doog?) 

Shawn

tbh dude it comes off as "trust farming" which can get you red around here.   trades, trust, and with it the ability to buy thru reversible methods are EARNED here.
 it is what it is man. best of luck, be careful going too hard.

The exchanges are falling left and right.  I know who is legit here and not.  I thought I'd ask. 
I'll be fine with or without. 

/s/

[1686310446]

1686310446

[smooth]

It is hard to get anyone to accept Paypal for crypto especially when you are a Newbie with no reputation.

You are better off buying Bitcoin using one of the well-established mechanisms and exchanging it for CLAMs.

I know I'm nobody. That's why I'm asking to do business with someone reputable in a sense.  Where else to go?

Go buy Bitcoins. There are a lot of ways to do that everywhere in the world starting with localbitcoins in most places, or coinbase in not quite as many but still quite a few. Or many other ways. Then trade them for CLAMs and you are good to go.

[NUFCrichard]

I have been a bit out of the loop, but I see that another whale digger has appered!

Where are you seeing that?

I expect you are noticing that the price is down over the last few days, and jumping to the conclusion that new coins have been dug up, but checking the blockchain I see very little digging since the "whale digger" in December:



Here's a close-up of the time since the whale digger stopped digging:



Note how almost all of the inflation of the money supply in the last 5 months has been a result of staking, not digging, and how recently the total number of coins staked into existence overtook the number of coins dug into existence again.

I expect that this drop in price is the result of someone selling a big batch of CLAMs that they bought cheap from the whale digger in December. They've been holding them until now, hoping the price would go up further, and have just given up waiting. That's just my guess however.

OK, I see what he's saying: stopping the lottery reduced the reward from 1000 CLAMs to 1 CLAM per block, so that means the lottery system was like a pre-mine.

You cut my quote off too early. Check the following two paragraphs and you'll see why the lottery wasn't like a pre-mine at all. It earned you 0.1 CLAMs per block almost all the time, and more very rarely, for an average of *less* than 1 CLAM per block:

OK, I see what he's saying: stopping the lottery reduced the reward from 1000 CLAMs to 1 CLAM per block, so that means the lottery system was like a pre-mine.

Maybe this chart can help show the reality of the situation. Pay attention to how the green supply curve changed when the lottery staking system ended on October 25th last year:



Hint: stopping the lottery caused the supply to increase much more quickly than before.

The lottery was rigged though... which would be a fairly sneaky way of "premining".

Rat4 (the Blackcoin creator/what clam is forked from) allegedly did it.  

He had around 30% of all the Clamcoins in existence at that point as I recall... or more.

I think the lottery was poorly thought out, but not intentionally exploitable. I didn't hear that Rat4 was ever thought to be a major holder of CLAMs. It's possible though.

Sorry Dooglus, I misread your other chart. So if there hasn't been a big digger, the price seems stupidly low at the moment, I guess because people are moving their money into other stuff.

I will be getting back into CLAMS, I like the coin, I like the idea of the distribution and I trust JD, enough reasons for me.

[tspacepilot]

It is hard to get anyone to accept Paypal for crypto especially when you are a Newbie with no reputation.

You are better off buying Bitcoin using one of the well-established mechanisms and exchanging it for CLAMs.

I know I'm nobody. That's why I'm asking to do business with someone reputable in a sense.  Where else to go?  I'm looking to start a relationship as i am in this for the long haul.  If Doog were to sell me Clams with no problem, then I might gain street cred.  I hold Shadowcash that is doing well and I don't want to part with so I'm looking for other options.  I got in via Doge and have those too, which doubled within the last year.  My old Doge wallet started me out with 239 Clams.  I shit myself.  *Invested Staked*  When Clams went to .39 I triple downed.  No regrets. 

Long time lurker.  I probably posted one drunk on the internets post here during the whale dig Homer Simpson like. 

With luck someone here has faith in humanity and will experience a fair transaction with me.  (Doog?) 

Shawn

Maybe I misunderstand you, but can't you buy CLAMs on an exchange like poloniex with all those DOGE you have?  As others have said, no one is going to sell to you with a reversible method unless you have a very strong reputation.

[smooth]

Sorry Dooglus, I misread your other chart. So if there hasn't been a big digger, the price seems stupidly low at the moment, I guess because people are moving their money into other stuff.

I will be getting back into CLAMS, I like the coin, I like the idea of the distribution and I trust JD, enough reasons for me.

The price is low probably because the coin has failed to break out of its small niche. It is used on basically one site (I know a few others support it but as far as I know that is not significant) which is mostly pointless for a supposedly decentralized system. There is no real reason for it to exist in its present form, and any initiatives to grow beyond that in terms of marketing or development are either nonexistent or invisible, so investors are just slowly giving up and walking away.

I still have my CLAM pool and anyone is welcome to join. I'm not saying there is anything wrong with the coin, but it very much looks like the typical dead end alt that slowly marches to zero.

[rocoro]

Or, it could become the defacto gambling coin if more mainstream sites start at least accepting it. 
In which case it is a buy right now.

[smooth]

Or, it could become the defacto gambling coin if more mainstream sites start at least accepting it. 

Yes.

In which case it is a buy right now.

What reason is there to think that will actually happen after say a year or so of it having been well established on JD and nothing of the sort happening?

[andulolika]

In which case it is a buy right now.

What reason is there to think that will actually happen after say a year or so of it having been well established on JD and nothing of the sort happening?

A decent bunch of "mainstream" sites accept clam and with the time surely more will accept.

[Johnny00]

my wallet said 19 hours to stake and that was 12 hours ago, not is says 16 hours to stake. is that normal?

should i have one big address or split up into small?

thanks

[smooth]

my wallet said 19 hours to stake and that was 12 hours ago, not is says 16 hours to stake. is that normal?

should i have one big address or split up into small?

thanks

The time is always an estimate. Actual results may be higher or lower.

You should split up, but it won't make staking any faster, what it will do is make it faster to stake again after the first time.

[Johnny00]

i turned on coin control but i cant see the coin control options, why is that?

[Johnny00]

i sent to my myself but i just see the fee taken out. i cant see the different addresses i chose

[Johnny00]

now went from 16 hours to 44 days lol

[Johnny00]

nevermind figured it out

[Johnny00]

what is a good size for an address, 50 clam, 100 clam or 500 clam?

[smooth]

what is a good size for an address, 50 clam, 100 clam or 500 clam?

15-30 seems to be the general recommendation.

It does not have to be different addresses, just different outputs. Every time you send coins you get a new output. You can send them all to the same address if you want, just break them up into multiple transactions. There is a command option for the in the CLI to do that for you, but I'm not sure about the GUI.

[fatbloke85]

what is a good size for an address, 50 clam, 100 clam or 500 clam?

15-30 seems to be the general recommendation.

It does not have to be different addresses, just different outputs. Every time you send coins you get a new output. You can send them all to the same address if you want, just break them up into multiple transactions. There is a command option for the in the CLI to do that for you, but I'm not sure about the GUI.

If you send coins from an address back to itself does that split your coins into multiple outputs? Can you do that or do you have to send coins from different addresses to a single address to get multiple outputs?

[smooth]

what is a good size for an address, 50 clam, 100 clam or 500 clam?

15-30 seems to be the general recommendation.

It does not have to be different addresses, just different outputs. Every time you send coins you get a new output. You can send them all to the same address if you want, just break them up into multiple transactions. There is a command option for the in the CLI to do that for you, but I'm not sure about the GUI.

If you send coins from an address back to itself does that split your coins into multiple outputs? Can you do that or do you have to send coins from different addresses to a single address to get multiple outputs?

The address doesn't matter. The only thing that matters is the amount paid from each transaction. If you use coin control you can see the individual outputs even if they have the same address.

Another thing you can do is set the this option in your clam.conf file:

splitsize=15

Then the wallet will automatically split your outputs down to 15 when it stakes. That's all you need to do.

[SuperClam]

what is a good size for an address, 50 clam, 100 clam or 500 clam?

15-30 seems to be the general recommendation.
It does not have to be different addresses, just different outputs. Every time you send coins you get a new output. You can send them all to the same address if you want, just break them up into multiple transactions. There is a command option for the in the CLI to do that for you, but I'm not sure about the GUI.

If you send coins from an address back to itself does that split your coins into multiple outputs? Can you do that or do you have to send coins from different addresses to a single address to get multiple outputs?

The address doesn't matter. The only thing that matters is the amount paid from each transaction. If you use coin control you can see the individual outputs even if they have the same address.
Another thing you can do is set the this option in your clam.conf file:
splitsize=15
Then the wallet will automatically split your outputs down to 15 when it stakes. That's all you need to do.

 
smooth,
you rock. 

[Johnny00]

Thanks. I've been staking for 24 hours and nothing. I thought it was every 8 hours