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Author Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"  (Read 1150692 times)
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February 18, 2015, 12:33:18 PM
 #2481

I am feeling a huge market correction to sub 0.006 or even sub-0.005 soon.

lol Zolace

Zolace?
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February 18, 2015, 04:05:32 PM
 #2482

Here's some of the debugging info... does "fail" mean it simply didn't find a suitable result that round, or that there's some issue?





Seems that is normal, from Dooglus' answer: 





To stake a block, the hash of the output that is trying to stake must be lower than the target hash. In this case 38f... is less than 2d4d... (it's one character shorter) and so it wins the right to stake.

Then every 16 seconds you'll see your outputs trying to stake:

Quote
[STAKE] searching for staking opportunity:
2015-02-18 07:22:09 [STAKE] checking 18 output(s)
2015-02-18 07:22:09 [STAKE] check fe7c7692b2ca1969ed4fb431144f6a15815f2a57b3bda9bbf8fcb2f338af9d28:107 (4.00 CLAM)
2015-02-18 07:22:09
[STAKE] fail: hash 413d56c739eb1bf553a51d7f642fe66d094f931746e433b14cda85178224d7ce
[STAKE]   > target     2d53118d2c00000000000000000000000000000000000000000000000000
2015-02-18 07:22:09 [STAKE] check fe7c7692b2ca1969ed4fb431144f6a15815f2a57b3bda9bbf8fcb2f338af9d28:125 (4.00 CLAM)
2015-02-18 07:22:09
[STAKE] fail: hash ccd1436cf112218abb68f704f1bfbd54f4b9206d3bc58dc76162af15a05e5266
[STAKE]   > target     2d53118d2c00000000000000000000000000000000000000000000000000

I have 18 unspent outputs, but I've cut the log off after the first 2 failed to stake. In both cases the hash is much bigger than the target, and so those outputs didn't get to stake.


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February 18, 2015, 04:22:53 PM
 #2483

CLAM market cap exceeded 4000BTC today

or............

1 miiiiiiiiiiiiiiiiiiillion dollars!
http://imgur.com/EdPVrWW

Hell yeah!

So what is all this intended for dooglus ?
Is it for the next version of CLAM ?

almightyruler has been complaining that his client isn't staking for quite a while now. It's just an attempt to get some insight into why it's happening.

I guess I'll tidy it up and include it in the next release for others to use. I'll make it so you don't get the output unless you specify "debug=stake" in the config because it's quite verbose.

yeah my wallet with 28 clams stake 1 time or 2 max per month
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February 18, 2015, 04:36:31 PM
 #2484

I am feeling a huge market correction to sub 0.006 or even sub-0.005 soon.

lol Zolace

Market correction is going to happen daily.
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February 18, 2015, 05:08:27 PM
 #2485

I am feeling a huge market correction to sub 0.006 or even sub-0.005 soon.

lol Zolace

Market correction is going to happen daily.

I still believe we are grossly undervalued.

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February 18, 2015, 05:45:50 PM
 #2486

Huh everytime update new wallet  Undecided

everything is oke
but tell me why this happen

http://m.UploadEdit.com/ba3a/142424984926.jpg

I think it means that you're trying to spend more than you have available when you add in the network fees.

Try spending 0.0001 less. And if that fails, 0.0001 less, etc.

I'll have that message be more specific about how much you're short in a future release.

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February 18, 2015, 06:00:09 PM
Last edit: February 18, 2015, 06:10:53 PM by dooglus
 #2487

Here's some of the debugging info... does "fail" mean it simply didn't find a suitable result that round, or that there's some issue?

The "fail" just means it failed to stake that time.

Both your outputs are trying to stake:

Quote
2015-02-18 09:37:37 [STAKE] checking 2 output(s)

2015-02-18 09:37:37 [STAKE] check c18663[...]:1   (0.00037299 CLAM)
[STAKE] fail: hash a2659a05a7ecda7e4d8bf2ca7a1b72b92d6a62d8c3dcf515923e9fd6fd86a655
[STAKE]   > target        117158c07000000000000000000000000000000000000000000000000

2015-02-18 09:37:37 [STAKE] check c18663[...]:2   (98.24 CLAM)
[STAKE] fail: hash e87e1b115cf92df97624cefd872057718a3015219810186cec8449c8fada2475
[STAKE]   > target    4619f2d25f800000000000000000000000000000000000000000000000000

You'll see that the "target" that the hash must be smaller than is much smaller for the dust output than for the bigger output, but that the hash is much bigger than both. The hash changes every 16 seconds, and is usually 64 hex digits. There's a 1-in-16 chance that it will start with a 0, and so will appear to be 63 or less characters long, 1-in-256 chance it will be 62 or less, etc. The target for the 98 CLAM output is 61 characters long, and starts with a 4, So for your random hash to be lower than it is about a 1 in 4*16^3=16384 chance (or to be more precise, 0x100000000 / 0x4619f = 14958)

That gives you about a 30% chance of staking in any particular day.

The chance of that going 23 days without staking is:

>>> (1 - 1.0/14958) ** (60*60*24*23/16.0)
0.0002476419358953318

ie. about 1 in 4038.

That seems low, but not impossible. People roll losing streaks longer than that with a 50% chance of winning - and you only have a 30% chance of winning each day.

Note that the network difficulty tends to swing up and down by a factor of 4 regularly which causes the "target" to do the same and so where it was in that cycle will change your chances dramatically.

I'm pretty confident now that things are working right, and that you're simply experiencing variance. You can stick with the extra-logging version and check periodically to make sure it's still doing that "fail : target < hash" thing every 16 seconds" - because that's what you expect to see when it's trying.

The only time it's showing PASS is when a network block arrives... I presume that's because the debug info is printed in AcceptBlock() (or whatever it's called).

Right. The same logic is used to check other people's blocks as to check your potential blocks.

Edit: I reworked a bunch of this post because I realised I had some stuff wrong.

Also, I notice that your 98 CLAM output was created on 7th February - just 11 days ago. Maybe you had a similar amount before and were just moving things around, but note that each time you move an output it stops trying to stake for 4 hours.

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February 18, 2015, 06:31:09 PM
 #2488

NewsBTC article about CLAMs: http://newsbtc.com/2015/02/18/new-cryptocurrency-clam-rising-without-hitch/

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February 18, 2015, 08:22:39 PM
 #2489


I tried to post a comment, but it didn't show up. Maybe it's waiting for moderation, I'm not sure:

Quote
Nice write-up. I have a few comments:

> Meet CLAM, a new cryptocurrency

It's not all that new. It has been around since May 2014.

> which has been steadily rising ever since it was lauched

That's not really true. It only started rising in December. Before that the price was steadily falling, pretty much.

> As we can conclude from the above chart, CLAM’s market cap is displaying uninterruptible
> flux of investments since the day it entered trading. It’s market cap, which initiated from a
> mere $816,447, today has peaked to over $1 million — in just over a month

Well, again no. That sudden increase from $0 to $816k indicates the day that coinmarketcap started tracking the data. I have been trying to get them to include the historical data in their chart, even providing the data for them to use, but so far I've had no luck:

https://bitcointalk.org/index.php?topic=199685.msg10379165#msg10379165

> something that reminded us of NXT network

CLAM is actually a distant descendant of Bitcoin (via Litecoin, Peercoin, Blackcoin, and probably more). NXT is its own thing, unrelated to Bitcoin, although it is proof-of-stake which may be why it reminded you of CLAM.

> small exchanges, which include Poloniex, Yacuna and most notable Cryptsy

While Cryptsy is the biggest exchange listing CLAM, almost all the trading happens on Poloniex. Probably because they were the first to add a CLAM/BTC market.

If I may be so rude as to include a little ad, Just-Dice.com started accepting CLAM when the price started shooting upwards in December. CLAM is the only currency Just-Dice accepts. The site stakes the CLAMs it holds on users' behalf and distributes the staking profits between them (after taking a cut, of course!)

Just-Dice                 ██             
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February 18, 2015, 08:57:19 PM
 #2490


I tried to post a comment, but it didn't show up. Maybe it's waiting for moderation, I'm not sure:

Quote
Nice write-up. I have a few comments:

> Meet CLAM, a new cryptocurrency

It's not all that new. It has been around since May 2014.

> which has been steadily rising ever since it was lauched

That's not really true. It only started rising in December. Before that the price was steadily falling, pretty much.

> As we can conclude from the above chart, CLAM’s market cap is displaying uninterruptible
> flux of investments since the day it entered trading. It’s market cap, which initiated from a
> mere $816,447, today has peaked to over $1 million — in just over a month

Well, again no. That sudden increase from $0 to $816k indicates the day that coinmarketcap started tracking the data. I have been trying to get them to include the historical data in their chart, even providing the data for them to use, but so far I've had no luck:

https://bitcointalk.org/index.php?topic=199685.msg10379165#msg10379165

> something that reminded us of NXT network

CLAM is actually a distant descendant of Bitcoin (via Litecoin, Peercoin, Blackcoin, and probably more). NXT is its own thing, unrelated to Bitcoin, although it is proof-of-stake which may be why it reminded you of CLAM.

> small exchanges, which include Poloniex, Yacuna and most notable Cryptsy

While Cryptsy is the biggest exchange listing CLAM, almost all the trading happens on Poloniex. Probably because they were the first to add a CLAM/BTC market.

If I may be so rude as to include a little ad, Just-Dice.com started accepting CLAM when the price started shooting upwards in December. CLAM is the only currency Just-Dice accepts. The site stakes the CLAMs it holds on users' behalf and distributes the staking profits between them (after taking a cut, of course!)

All of the above plus,  He didn't really get into the digging aspect of clams either.  The fact that most users already own them,  Etc.... 

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February 18, 2015, 09:29:01 PM
 #2491


I tried to post a comment, but it didn't show up. Maybe it's waiting for moderation, I'm not sure:

Quote
Nice write-up. I have a few comments:

> Meet CLAM, a new cryptocurrency

It's not all that new. It has been around since May 2014.

> which has been steadily rising ever since it was lauched

That's not really true. It only started rising in December. Before that the price was steadily falling, pretty much.

> As we can conclude from the above chart, CLAM’s market cap is displaying uninterruptible
> flux of investments since the day it entered trading. It’s market cap, which initiated from a
> mere $816,447, today has peaked to over $1 million — in just over a month

Well, again no. That sudden increase from $0 to $816k indicates the day that coinmarketcap started tracking the data. I have been trying to get them to include the historical data in their chart, even providing the data for them to use, but so far I've had no luck:

https://bitcointalk.org/index.php?topic=199685.msg10379165#msg10379165

> something that reminded us of NXT network

CLAM is actually a distant descendant of Bitcoin (via Litecoin, Peercoin, Blackcoin, and probably more). NXT is its own thing, unrelated to Bitcoin, although it is proof-of-stake which may be why it reminded you of CLAM.

> small exchanges, which include Poloniex, Yacuna and most notable Cryptsy

While Cryptsy is the biggest exchange listing CLAM, almost all the trading happens on Poloniex. Probably because they were the first to add a CLAM/BTC market.

If I may be so rude as to include a little ad, Just-Dice.com started accepting CLAM when the price started shooting upwards in December. CLAM is the only currency Just-Dice accepts. The site stakes the CLAMs it holds on users' behalf and distributes the staking profits between them (after taking a cut, of course!)

All of the above plus,  He didn't really get into the digging aspect of clams either.  The fact that most users already own them,  Etc.... 

Just goes to show there is plenty more teaching to be done. Smiley

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February 18, 2015, 10:24:30 PM
 #2492

Huh everytime update new wallet  Undecided

everything is oke
but tell me why this happen

http://m.UploadEdit.com/ba3a/142424984926.jpg

I think it means that you're trying to spend more than you have available when you add in the network fees.

Try spending 0.0001 less. And if that fails, 0.0001 less, etc.

I'll have that message be more specific about how much you're short in a future release.

After looking at the code, it appears that if that was the reason, it would have told you.

I've added debugging to the code so future releases will put the reason for the failure in the log at least.

One of the reasons for the message you're seeing is that transactions can't be bigger than 100kB in size. It seems unlikely that that is the problem unless you have hundreds of tiny outputs in your wallet from farming a faucet or something.

If you're willing to help me figure out what's going on, PM me and I'll see what I can do.

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February 19, 2015, 08:41:32 AM
 #2493

How many CLAMs is good enough to keep up for staking?


  ╓▄▄    ,,,╓╓,,                     ,   ▄██▌`        ,╓▄▄▄▄▄▄╓  ╓▄▄               ,▄████@             ╙▀██▀░██W▐██
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February 19, 2015, 09:45:00 AM
 #2494

How many CLAMs is good enough to keep up for staking?

The rate of staking is proportional to the number of CLAMs.

So twice as many is twice as good, but half as many is only half as good.

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dooglus
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February 19, 2015, 09:46:19 AM
 #2495

All of the above plus,  He didn't really get into the digging aspect of clams either.  The fact that most users already own them,  Etc.... 

It seems my comment wasn't accepted. But FreeJack's comment was. He wrote: "Proof Of Shellfish". Such journalism.

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picolo
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February 19, 2015, 09:54:33 AM
 #2496

How many CLAMs is good enough to keep up for staking?

The rate of staking is proportional to the number of CLAMs.

So twice as many is twice as good, but half as many is only half as good.

Simple as that Wink
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February 19, 2015, 10:25:16 AM
 #2497

How many CLAMs is good enough to keep up for staking?

The rate of staking is proportional to the number of CLAMs.

So twice as many is twice as good, but half as many is only half as good.

Simple as that Wink

Well, it was a silly question.

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February 19, 2015, 11:01:37 AM
 #2498

I'm still waiting on a stake with my 9.24101359 CLAM

It fluctuates between 26 & 35 days for stake and has a constant weight of 9 that never changes, my wallet has been open since receiving them initially, does all this sound correct ?
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February 19, 2015, 01:21:56 PM
 #2499

I'm still waiting on a stake with my 9.24101359 CLAM

It fluctuates between 26 & 35 days for stake and has a constant weight of 9 that never changes, my wallet has been open since receiving them initially, does all this sound correct ?

Yes this is correct, also worth making sure you are getting enough connections to the wallet. If you are firewalled then port forward 31174.
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February 19, 2015, 03:17:14 PM
 #2500

Huh everytime update new wallet  Undecided

everything is oke
but tell me why this happen

http://m.UploadEdit.com/ba3a/142424984926.jpg

I think it means that you're trying to spend more than you have available when you add in the network fees.

Try spending 0.0001 less. And if that fails, 0.0001 less, etc.

I'll have that message be more specific about how much you're short in a future release.

After looking at the code, it appears that if that was the reason, it would have told you.

I've added debugging to the code so future releases will put the reason for the failure in the log at least.

One of the reasons for the message you're seeing is that transactions can't be bigger than 100kB in size. It seems unlikely that that is the problem unless you have hundreds of tiny outputs in your wallet from farming a faucet or something.

If you're willing to help me figure out what's going on, PM me and I'll see what I can do.

You're right this all come from seedtrue faucet and have many hundred transaction
I was try to send just 2 clam and that message still appear

i don't know what to do

max balance 1.7 clam was succeed sending

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