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

[dooglus]

Even though syncing through the p2p network would be slow it would be done by now if it weren't for the 750 orphan limit. Its been almost four days now, as a test I left it running, I noticed that very slowly new blocks were getting in, but at a rate of maybe a 1000 a day - which is silly.

This really should be fixed.

I think it will be fixed in the next release.

I saw a request for a CLAM supply chart and noticed I hadn't run my local copy of the CLAM client for 20 days or so. I'm using the code on xploited's "reindex" branch and just watched it sync the last 20 days' worth of blocks (a total of 30101 blocks) in 34 minutes. That's not too bad:

Code:

2016-11-04 22:33:48 SetBestChain: new best=37a087593760701d6bc3cdb1a77f90346289a567598ba50e9abc715fdd25eeaf  height=1208261  trust=321758553107633851925  blocktrust=8163903854571474453  date=10/14/16 20:49:20
[...]
2016-11-04 23:07:25 SetBestChain: new best=53702435da83a93774383fb98f32b527b9eb7901f2e369ba9864148c0dce11ef  height=1238361  trust=336352383226816688909  blocktrust=4310989900044759821  date=11/04/16 23:07:12

[Edit: I'm on a very laggy Internet connection, and was connected to only 4 peers]

I heard recently that he's pretty much ready with the new release, so hopefully we'll see it soon.

[1686019821]

1686019821

[dooglus]

Is there a recent chart over staked and mined coins?

[gamblingbad]

Thanks dooglus

[rocoro]

So, basically just over almost a year now and there hasn't been that much dug?

[Brob12321]

So, basically just over almost a year now and there hasn't been that much dug?

Yeah it looks to me like the bulk of the digging is done; everyone else probably lost their private keys for those addresses or don't know how to dig or simply don't care

[gamblingbad]

So, basically just over almost a year now and there hasn't been that much dug?

Yes 25k in a year is not so bad.

[andulolika]

So, basically just over almost a year now and there hasn't been that much dug?

Yes 25k in a year is not so bad.

Hory Shet, I cannot believe it passed a year since the digger, lol.

[BayAreaCoins]

So, basically just over almost a year now and there hasn't been that much dug?

Yes 25k in a year is not so bad.

Hory Shet, I cannot believe it passed a year since the digger, lol.

The market is going to gain confidence again.

These levels are crazy low.  Anything under .0045 before Christmas I bet is low if the price drives... not spikes.  (even .0025 would be nice, but why not be bullish)

I've opened up FreeBitcoins.com as a Clamcoin faucet for a couple reasons, but mainly it lets users get access to their funds immediately through a "safe" blockchain.  No week wait or minimums to meet for a withdraw.  (No account in fact at all)  

We are going to work on it for the next bit and tune her up, but right now it is fairly bare bones and we link Just-dice and Bustaclam for wallets that people can use that work with our "Bitcoins".

[gamblingbad]

So, basically just over almost a year now and there hasn't been that much dug?

Yes 25k in a year is not so bad.

Hory Shet, I cannot believe it passed a year since the digger, lol.

The market is going to gain confidence again.

These levels are crazy low.  Anything under .0045 before Christmas I bet is low if the price drives... not spikes.  (even .0025 would be nice, but why not be bullish)

I've opened up FreeBitcoins.com as a Clamcoin faucet for a couple reasons, but mainly it lets users get access to their funds immediately through a "safe" blockchain.  No week wait or minimums to meet for a withdraw.  (No account in fact at all)   

We are going to work on it for the next bit and tune her up, but right now it is fairly bare bones and we link Just-dice and Bustaclam for wallets that people can use that work with our "Bitcoins".

Right now if you put in for a faucet withdraw it will go pending... will update when working again

Not to be negative, so long there is over 500k new clams every year its hard to keep price over 0.001.

[rocoro]

So, basically just over almost a year now and there hasn't been that much dug?

Yes 25k in a year is not so bad.

Hory Shet, I cannot believe it passed a year since the digger, lol.

The market is going to gain confidence again.

These levels are crazy low.  Anything under .0045 before Christmas I bet is low if the price drives... not spikes.  (even .0025 would be nice, but why not be bullish)

I've opened up FreeBitcoins.com as a Clamcoin faucet for a couple reasons, but mainly it lets users get access to their funds immediately through a "safe" blockchain.  No week wait or minimums to meet for a withdraw.  (No account in fact at all)  

We are going to work on it for the next bit and tune her up, but right now it is fairly bare bones and we link Just-dice and Bustaclam for wallets that people can use that work with our "Bitcoins".

Right now if you put in for a faucet withdraw it will go pending... will update when working again

Not to be negative, so long there is over 500k new clams every year its hard to keep price over 0.001.

Someone should set up a gambling site or decentralized autonomous contract gambling, where clams get burned if you lose or something.  
Would help decrease supply, or at least regulate it?  Or, maybe put clam voting system to use and vote to change supply rate? (in terms of stake rate, not sure if possible for digging)

[SuperClam]

Not to be negative, so long there is over 500k new clams every year its hard to keep price over 0.001.

Someone should set up a gambling site or decentralized autonomous contract gambling, where clams get burned if you lose or something.  
Would help decrease supply, or at least regulate it?  Or, maybe put clam voting system to use and vote to change supply rate? (in terms of stake rate, not sure if possible for digging)

On a side note: 
 
It is easy to forget that the CLAM supply is still significantly less than BTC, the inflation curve is more conservative for quite some time yet, and each clam that is staked represents a smaller amount of 'inflation' proportionally due to the ever growing total supply. 

[BayAreaCoins]

www.FreeBitcoins.com Clamcoin faucet is now working again.  Withdraws every minute and no accounts!

Withdraw to Just-dice or Bustaclam and play for free!

[Brob12321]

www.FreeBitcoins.com Clamcoin faucet is now working again.  Withdraws every minute and no accounts!

Withdraw to Just-dice or Bustaclam and play for free!

Thanks, it's hard to come across good faucets now days.  Most pay like once a week or something so this is pretty cool

[rocoro]

Not to be negative, so long there is over 500k new clams every year its hard to keep price over 0.001.

Someone should set up a gambling site or decentralized autonomous contract gambling, where clams get burned if you lose or something.  
Would help decrease supply, or at least regulate it?  Or, maybe put clam voting system to use and vote to change supply rate? (in terms of stake rate, not sure if possible for digging)

On a side note:  
  
It is easy to forget that the CLAM supply is still significantly less than BTC, the inflation curve is more conservative for quite some time yet, and each clam that is staked represents a smaller amount of 'inflation' proportionally due to the ever growing total supply.  

I must not be understanding something correctly.  

http://khashier.com/       says 16092480.15730008 coins created.

https://blockchain.info/charts/total-bitcoins       says 15,972,763  total btc.  

How is that significantly less, looks like the other way around?  

Hmm..  I also see that coinmarketcap    says 1,987,196 CLAM  available supply.

So that is all that has been staked & dug? 

[SuperClam]

Hmm..  I also see that coinmarketcap    says 1,987,196 CLAM  available supply.

So that is all that has been staked & dug?  

 
  
Yes  
  
In order to reach the larger figure, every single person who was using Bitcoin/Litecoin/Dogecoin would have to claim (and thus be aware of) CLAM.  
  
Indeed, at this point I think it is likely that at least some of those keys have been lost to the ages (possibly many of them).

[BayAreaCoins]

www.FreeBitcoins.com Clamcoin faucet is now working again.  Withdraws every minute and no accounts!

Withdraw to Just-dice or Bustaclam and play for free!

Thanks, it's hard to come across good faucets now days.  Most pay like once a week or something so this is pretty cool

Thanks!

[almightyruler]

It is easy to forget that the CLAM supply is still significantly less than BTC, the inflation curve is more conservative for quite some time yet, and each clam that is staked represents a smaller amount of 'inflation' proportionally due to the ever growing total supply.  

I must not be understanding something correctly.  

http://khashier.com/       says 16092480.15730008 coins created.

https://blockchain.info/charts/total-bitcoins       says 15,972,763  total btc.  

How is that significantly less, looks like the other way around?  

Hmm..  I also see that coinmarketcap    says 1,987,196 CLAM  available supply.

So that is all that has been staked & dug?  

The distribution is based on the number of unspent outputs (regardless of the amount) that existed on a specific date, so it's not a 1:1 CLAM:BTC relationship, nor did the distribution necessarily favour BTC wallets with a large balance.

If on that day you had 1000 BTC in a single unspent output, the CLAM blockchain will have have 1 transaction that matches your key (~4.6 CLAMs)

If on that day you had 0.1 BTC spread over 10 unspent outputs, the CLAM blockchain will have 10 transactions that match your keys (~46 CLAMs)

To further complicate things, initial PoS rewards were based on a lotto system that could occasionally reward hundreds (or was it thousands?) of CLAMs if you won the stake of a special reward block.

So yeah, there's no really clear relationship between BTC minted, and CLAMs claimed.

[SuperClam]

If anyone in the community has programming experience and experience with IFTTT (and would be willing to get involved), please PM this account or visit the freenode IRC #clams channel. 
 
Thanks

[PAMPT]

Not to be negative, so long there is over 500k new clams every year its hard to keep price over 0.001.

Someone should set up a gambling site or decentralized autonomous contract gambling, where clams get burned if you lose or something.  
Would help decrease supply, or at least regulate it?  Or, maybe put clam voting system to use and vote to change supply rate? (in terms of stake rate, not sure if possible for digging)

On a side note: 
 
It is easy to forget that the CLAM supply is still significantly less than BTC, the inflation curve is more conservative for quite some time yet, and each clam that is staked represents a smaller amount of 'inflation' proportionally due to the ever growing total supply. 

Another inflation curve braindead kid. To stress the point inflation curve is not the only magical aspect of viability a buyer would love to gauge before hes in.

[SuperClam]

Another inflation curve braindead kid. To stress the point inflation curve is not the only magical aspect of viability a buyer would love to gauge before hes in.

 
 
Nothing magical.   
The conversation was specifically referencing coin supply; thus, coin supply was specifically referenced.