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

[dooglus]

Are fees necessary for clam? If staking is same and not ending over the time ?

I guess part of the point of fees is as a spam-prevention mechanism.

If it cost nothing to make thousands of transactions just sending coins to yourself then that's an easy way for an attacker to bloat the blockchain.

Also, without fees there's no incentive (other than fuzzy "help the coin" incentives) for stakers to include any transactions in their blocks. They would get paid the same whether they stake empty or full blocks, and full blocks take longer to propagate and so stand more chance of being orphaned.

This can change though.

I imagine the block reward will be reduced in the next 2 years or so.

Why's that?

One of the things that sold me on CLAM was the linear distribution curve

 I wouldn't get to nervous about this.  That's one Man's opinion, note the use of the word "imagine".  

   To keep a POS coin network alive you need to have lot's of nodes moving the block chain along.  The people running the nodes need to be compensated for there time and resources.  At present, the transaction fees are increasing, but don't amount to much.  In the last 6 stakes I've made .0014 from the fees.  hardly enough incentive to keep a node running.  

The way I see it, staking your coins is simply a way of "keeping up with inflation". The total money-supply goes up 3% per year, but your CLAM balance also goes up 3% per year and so your percentage of the market cap stays constant - in that sense PoS money-supply is the "good" kind of inflation. It doesn't erode people's savings.

It doesn't really matter what that "3%" figure is, so long as it's big enough to encourage people not to opt out of staking and small enough that the money supply doesn't get too big.

There will always be some people who don't stake their coins, and so by staking your share of the market cap will be going up while their share goes down. That's how it should be, and results in more people supporting the network by staking their coins.

[dooglus]

does anybody know how to validate a CLAM address with PHP?

Probably your best bet is to use something like this to interface with clamd's RPC interface, and call "validateaddress".

Alternatively you can check an address by base58 decoding it, and making sure that the first byte of the result is (whatever it's meant to be, 0x85 I think) and that the last 4 bytes of the result are indeed the correct checksum for the rest of the result. Read about the format of addresses here:
  https://en.bitcoin.it/wiki/Base58Check_encoding

This is the regex to find/check an address

Code:

^[x][a-km-zA-HJ-NP-Z0-9]{26,33}$

Careful - that will tell you that
  xJDCLAMZ9rQ11tMf7JUw1Zzvjm5ShkryrV
is a valid address when it isn't.
  xJDCLAMZ9rQ11tMf7JUw1Zzvjm5ShkryrU
is valid. Note the U on the end.

The last few characters are a checksum to guard against typos. You can't validate the checksum using a regexp.

[dooglus]

Mac fag checking in.  Running 1.4.10 and smooth sailing so far.  Staking and all. 
Curious behaviour as the staking icon goes red more than I've ever seen but I can't
see a problem.

Does it go red for long periods at a time? Long enough that you can hover the mouse over it and tell me what pops up when it's red?

If you put:
debug=stake
in the clam.conf file in the same folder as your wallet.dat and restart, it will write stake-related stuff to debug.log in the same folder as it stakes.

You could "tail -f debug.log" in that folder and see whether anything looks different when it's red. Staking basically consists of hashing each of your staking outputs every 16 seconds and comparing the result with a target based on the network difficulty. If the output hashes lower than the target, you get to stake a block. "debug=stake" will cause these hashes that are being compared to be logged.

I couldn't find an existing one, so I created a clam.conf and added debug=stake.  I'm hoping I did it correctly.  I added a screengrab of data flow. http://imgur.com/Gmcfbf8 When I hover the cursor over the red icon, it sometimes says 0 weight.  And then other times it says not staking because I don't have mature coins.  But then I stake at least once a day. 

I'm sorry, I didn't notice your reply until now.

That screenshot looks like it didn't have "debug=stake" in the clam.conf. Maybe you put the clam.conf in the wrong folder, or didn't restart the client after editing it, or something else...

You can run the client with the -debug=stake flag to achieve the same effect without editing any files. When it's set, the logfile should show a bunch of [STAKE] messages every 16 seconds, like this:

[STAKE] searching for staking opportunity:
2015-03-04 18:33:05 [STAKE] checking 2 output(s)
2015-03-04 18:33:05 [STAKE] check 4b669d099edc650be18f19695fad64057eb5aded6f1a8f0f55f2f47601acfbf3:0   (0.0001 CLAM)
2015-03-04 18:33:05 [STAKE] fail: hash ac18df140e5080e0ed6553d10b31ce2baf675bdb852223c3d6495349f44ba3ae
2015-03-04 18:33:05 [STAKE]   > target         43b056b0000000000000000000000000000000000000000000000000
2015-03-04 18:33:05 [STAKE] check 4b669d099edc650be18f19695fad64057eb5aded6f1a8f0f55f2f47601acfbf3:1   (100.9814 CLAM)
2015-03-04 18:33:05 [STAKE] fail: hash ce2be821048a46acc0ea14932bc615758388556abb380c220b48852ee09eb4b5
2015-03-04 18:33:05 [STAKE]   > target    412fc60da4b20000000000000000000000000000000000000000000000000
2015-03-04 18:33:05 stake took 0s

That's my two outputs trying but failing to stake yet again.

I'm wondering if your "checking 2 outputs()" count goes down to 0 when the icon goes red, and if so whether the log says anything about it.

[Grumlin]

so, if I will import my priv keys, client does send my priv keys to developers or not?

[BayAreaCoins]

so, if I will import my priv keys, client does send my priv keys to developers or not?

No, but it is better to be safe than sorry.

Just assume it does. 

I know lazy bastards who haven't moved their coins and claimed their CLAM.

With the CLAM client it does it all for you automatically.

[SuperClam]

Are fees necessary for clam? If staking is same and not ending over the time ?

As CLAM grows I believe the block reward can be removed entirely due to high number of transactions with fees + low energy costs.
That's going to be a up hill fight to get the block reward removed and honestly I like the block reward + fees.

As was previously mentioned, transaction fees are an important incentive and Denial of Service feature.


Concerning the perpetual 1 CLAM per block reward, it is designed to replace the deflation of lost or burned CLAMs and provide for a stable and conservative level of additional inflation.

[cakir]

Is there a way to check which btc/doge/ltc addresses claimed clams?
It's really important for me.

[BayAreaCoins]

Is there a way to check which btc/doge/ltc addresses claimed clams?
It's really important for me.

Go to www.Just-dice.com and then the chat box.  Type /dig <address>

That will tell you if it is loaded or not.

[cakir]

Is there a way to check which btc/doge/ltc addresses claimed clams?
It's really important for me.

Go to www.Just-dice.com and then the chat box.  Type /dig <address>

That will tell you if it is loaded or not.

Thanks for your help!
I've checked some addresses

ps: I don't own those addresses.

[dooglus]

Is there a way to check which btc/doge/ltc addresses claimed clams?
It's really important for me.

Do you mean what you said, that you want a list of addresses that have claimed CLAMs?

Or do you just want a way to check for a given address whether it has claimed its CLAMs or not?

They're two different things. Both are possible, but the first one requires access to a block explorer for each of BTC, LTC, and DOGE. We can see a list of CLAM addresses which claimed their CLAMs, but each CLAM address can be converted to exactly one BTC, one LTC, and one DOGE address - so once we know a CLAM address that claimed we need to check all three of the DOGE, BTC, and LTC block explorers to see which of the three blockchains that private key was used on before May 12th.

For example, CLAM address xC6ktEBwaTk8G27wCWwQjGmDuK14SZPvJa has dug up its CLAMs. That CLAM address has the same privkey as LTC address LP25FZfJPQW9USiE2BJ3a7YCtR57DVHk5Y, DOGE address D8wDXcJ7cAANkeCfadJJqre3ZLS8SU2zrY and BTC address 14o7zMMUJkG6De24r3JkJ6USgChq7iWF86. Only one of those three addresses was funded in May 2014, but we need to check the block explorers to find out which it was:

   BTC: http://blockchain.info/address/14o7zMMUJkG6De24r3JkJ6USgChq7iWF86
  DOGE: http://dogechain.info/address/D8wDXcJ7cAANkeCfadJJqre3ZLS8SU2zrY
   LTC: http://block-explorer.com/address/LP25FZfJPQW9USiE2BJ3a7YCtR57DVHk5Y
  CLAM: http://khashier.com/address/xC6ktEBwaTk8G27wCWwQjGmDuK14SZPvJa

[madmartyk]

Been away a while, but thought I would let you all know Crypto for Kids raised over $200 for Advocate Hope Children's Hospital.  But we're still at it!!  

Check out this fall's project www.islanddreamscards.com  and were still at www.cryptoforkids.com

Thanks for Dooglus for putting us in the OP!!!

[dooglus]

Been away a while, but thought I would let you all know Crypto for Kids raised over $200 for Advocate Hope Children's Hospital.  But we're still at it!!  

Check out this fall's project www.islanddreamscards.com  and were still at www.cryptoforkids.com

Thanks for Dooglus for putting us in the OP!!!

I can't edit OP. It will probably have been SuperClam. I can link you in the JD FAQ though.

[dooglus]

So I woke up this morning to find a coyote in my yard and 750 CLAM in my poloniex balance.



My long-standing buy order at 0.00515151 BTC/CLAM had been dumped into. I wasn't expecting that, since the price had been in the high 0.006's and holding pretty steady.

So where did the dump come from? I updated my "digging" chart, and didn't see any real increase in digging activity:



So I scanned the blockchain for recent big coin movements, and found these (txid, output size):

c17738bbcf61972e9020076422eff149e57f434ba13609e75d01180b8ad11cbe            "value" : 1271.00000000,
19200db88205d43eb438ebbc88e25594a81ac286376d41f0d993583b4b441b08            "value" : 1484.00000000,
c0ea57c7cd305ea769b1e339133092c4dbd74d4407f60291699ee9ddd4219d80            "value" : 1458.00000000,
a800bf8613ec7a10717d48964a1e334c5710f0baf2066c6150c5172284b4a68d            "value" : 1600.00000000,
1e03c7d06057dc795e8401ecb6a3f472d545810196a2fb36a25e1bc34e43f4cb            "value" : 1447.00000000,
87e56e1553fa425c56fde5773c328961add43e2bc957a584853ad66dc6a48f88            "value" : 1421.00000000,
1a72b97ceb3708ef3b40e76f93a8a9cad378d1e9c9d01c8a8fbc06c0a13279aa            "value" : 1444.00000000,
2a60dcf29d144a5b1ba936ca29d2ca71f0034c62da4c88632e2cd2ad49134acd            "value" : 1375.00000000,
ec5d8b8d52cdf76562f07ce2799b3b551ac7b2d02c4baa6dacb9e72cee9df613            "value" : 211.67000000,
d5d420e387eda37e2280e50471c4520229c2457cf18489cad10fb605e92dc2e5            "value" : 345.27748830,
dd76571305106aea04a9cfe48faf1c050f72820512f11b837c76be03b893a41b            "value" : 169.87025268,
b5ab120be945198e4d81cb445e25c964b51c4ec8885ec7ded4a7882a2f648c7e            "value" : 755.29209286,

It turns out that the first 8 all go to the same address, and it looks very much like a poloniex deposit address. The same address has quite a history too:



ie. the same poloniex account was used to dump 40k CLAM in December and a further 73k CLAM in January.

I'm not sure how we didn't notice such huge dumps at the time. Maybe we did and I've forgotten about them?

Anyway, this morning's 8 deposits move a total of 11500 CLAM to poloniex, and so far only around 5500 CLAM has been dumped:



So I figure there's another 6000 CLAM waiting to be dumped.

Edit: Re. "I'm not sure how we didn't notice such huge dumps at the time" - I think it's because large amounts of it was withdrawn back from poloniex rather than being dumped. The 39700 deposited in January is probably the same coins as the 40k deposited in December, and today's dump came from the same coins as well. Then again, it's hard to be sure.

[omahapoker]

if 40k was dumped in dec. then it has to be someone clam knows. devs may know..have a friend....who knew about clam in dec and had 40,000 clam?




just throwing out things,

[xploited]

if 40k was dumped in dec. then it has to be someone clam knows. devs may know..have a friend....who knew about clam in dec and had 40,000 clam?

We have no idea at all who it is.. someone with a lot of funded litecoin addresses. I've personally been pointing it out since it started happening in December. 

December was when JD launched so it brought alot of attention to clams from people who were otherwise unaware so it makes since thats when it started. 

[dooglus]

if 40k was dumped in dec. then it has to be someone clam knows. devs may know..have a friend....who knew about clam in dec and had 40,000 clam?

I'm thinking it wasn't dumped. I'm thinking it was deposited, a little sold, and the rest withdrawn back to the user's local wallet.

We have no idea at all who it is.. someone with a lot of funded litecoin addresses.

I traced back 2 addresses from each of the big 3 dumps to the poloniex deposit address. All 6 turned out to be LTC addresses that were initially funded with their 4.6 CLAMs. They all look organic enough - like they're from an active service's hot wallet, rather than being a cynical attempt to pre-seed a bunch of addresses to profit from the CLAM distribution (note that the core wallet attempts to make change as small as possible but at least 0.01 LTC, so seeing 0.0100xxx is very common):








Edit: it looks like the 11.5k that was recently deposited to poloniex is the result of withdrawing 10k from poloniex back in January and staking it for 6 weeks. At 2% staking reward per week that's about right.

[SuperClam]

Due to recently discovering that one of the exchanges listing CLAM is owned by GAW, and in light of recent rumors of corruption, fraud, and illegality associated with GAW, it has been decided to remove the Coin-Swap exchange from the OP post.

[Thirdspace]

Due to recently discovering that one of the exchanges listing CLAM is owned by GAW, and in light of recent rumors of corruption, fraud, and illegality associated with GAW, it has been decided to remove the Coin-Swap exchange from the OP post.

I noticed that too on coin-swap site itself, there is a news alert about it.
Im a bit worry about it, because I got some doges and other coins there
A few days ago, the wallet status of the coin I was going to withdraw was having block delayed
and still is, and a few other wallets are having non-healthy status
would it be best to sell em at market price and then withdraw bitcoin or just withdraw all coins raw?

has anyone managed to withdraw any coin successfully from coin-swap in the last couple days?

[madmartyk]

I just WD some BTC from coin-swap with no issues.

[dooglus]

Anyway, this morning's 8 deposits move a total of 11500 CLAM to poloniex, and so far only around 5500 CLAM has been dumped:

https://i.imgur.com/4Zckag3.png

So I figure there's another 6000 CLAM waiting to be dumped.

It's like I'm psychic or something! 5400 CLAM dumped this morning: