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

[picolo]

I just played at https://www.joker21.com - BlackJack for CLAM.

People in the Just-Dice chat were complaining it was "rigged" and asked me to go check it out, so I did.

I didn't identify myself there, just turned up as a random player. There's a faucet which sometimes gave me 5000 clamtoshis and sometimes just 1337, but either way that's enough to try the site out.

The dealer got lucky a few times, but that happens. I was able to turn my 5k to 20k before busting it.

Then I deposited 10 CLAM, and was able to bet 1 CLAM a few times, getting up to 11 or 12 CLAM before the max bet dropped below 1 CLAM. I bet 0.8 CLAM a few times and ended up withdrawing 10.6 CLAM. The withdrawal was instant.

The site appeared to crash a couple of times while I was playing, the animations are a bit glitchy, when the dealer has an ace it shows as being worth "1/10" when it should be "1/11", and CBI was complaining of losing a hand where he split 10's, got a 21, and lost to a 5-card 21 by the dealer. "Dealer 5 card Charlies aren't a thing" or something.

More seriously, I couldn't see the rules listed anywhere on the site, and there's nothing about how the probable fairness works. It shows you a sha256 hash of a list of cards before you play, and publishes the list of cards afterwards, but there's also a client seed (integer) and no indication of how the client seed affects the shuffle. So it's maybe provably fair, but there's not enough information on the site to know for sure, since I've no idea how to verify the deals.

Thanks for the review, they are new and will improve their services.
Now what would it take for the price of CLAM to go to 0.1 ?

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[yampi]

How about counterparty for CLAM?

[cloverme]

How about counterparty for CLAM?

I've never understood why people like the counterparty platform. Using the system is not that great, for example to send/receive counterparty assets you still need bitcoin to fund the transaction. Yes, it's a small amount, but it rides on top of the bitcoin protocol. I was using sjcx (storj) which is a counterparty asset and not only was the wallet process confusing, but I had to use bitcoin to move it around. I wasn't pleased with counterparty... same with ripple.

No harm, no foul, just my opinion.

[dooglus]

could you shed some light for us regarding the provably fair option on your ex website? thanks

I think the main problem is that he just bought a blackjack script from a third party and doesn't really know how it works.

It's probably best to move joker21 discussion to its own thread.

[yampi]

How about counterparty for CLAM?

I've never understood why people like the counterparty platform. Using the system is not that great, for example to send/receive counterparty assets you still need bitcoin to fund the transaction. Yes, it's a small amount, but it rides on top of the bitcoin protocol. I was using sjcx (storj) which is a counterparty asset and not only was the wallet process confusing, but I had to use bitcoin to move it around. I wasn't pleased with counterparty... same with ripple.

No harm, no foul, just my opinion.

Good points.
Perhaps implementing one of the colored coin wallets for CLAM would be a better idea.

[eprocent]

To mine claim, what should I do. I downloaded waletul and now it sync. How undermines Proof of stake? It is necessary for me to send clams in wallet? What is the optimal amount of clams mining stake? As reward I get and how long stake start? Thank You.

[eprocent]

To mine claim, what should I do. I downloaded waletul and now it sync. How to minting Proof of stake clams? It is necessary for me to send clams in wallet? What is the optimal amount of clams mining stake? As reward I get and how long stake start? Thank You.

Sorry for my poor english.

[picolo]

To mine claim, what should I do. I downloaded waletul and now it sync. How to minting Proof of stake clams? It is necessary for me to send clams in wallet? What is the optimal amount of clams mining stake? As reward I get and how long stake start? Thank You.

Sorry for my poor english.

You stack clam, you don't mine them because the coin is proof of stake. To stake, you need to have your clams in your clam client and be connected or be invested in the just-dice bankroll or in a clam pool.

[eprocent]

To mine claim, what should I do. I downloaded waletul and now it sync. How to minting Proof of stake clams? It is necessary for me to send clams in wallet? What is the optimal amount of clams mining stake? As reward I get and how long stake start? Thank You.

Sorry for my poor english.

You stack clam, you don't mine them because the coin is proof of stake. To stake, you need to have your clams in your clam client and be connected or be invested in the just-dice bankroll or in a clam pool.

If I transferred clams in wallet, and are connected to the network, I will get reward? How long and in what amount received reward? Thank You.

[yampi]

To mine claim, what should I do. I downloaded waletul and now it sync. How to minting Proof of stake clams? It is necessary for me to send clams in wallet? What is the optimal amount of clams mining stake? As reward I get and how long stake start? Thank You.

Sorry for my poor english.

You stack clam, you don't mine them because the coin is proof of stake. To stake, you need to have your clams in your clam client and be connected or be invested in the just-dice bankroll or in a clam pool.

If I transferred clams in wallet, and are connected to the network, I will get reward? How long and in what amount received reward? Thank You.

You need A LOT OF clams to be able to stake.
Best to just deposit them in just dice and invest them in the bankroll.

[dooglus]

You need A LOT OF clams to be able to stake.
Best to just deposit them in just dice and invest them in the bankroll.

If you have about 380 CLAM you can expect to stake one block per day on average right now. Some days you won't stake any; other days you'll stake 2 or 3 blocks.

If you have less, you can expect to stake less often. Your chance of staking is proportional to the amount of CLAM in your wallet.

The difficulty goes up over time as the number of CLAMs trying to stake keeps increasing, so soon you'll need 400 CLAM to expect to stake once per day.

[eprocent]

You need A LOT OF clams to be able to stake.
Best to just deposit them in just dice and invest them in the bankroll.

If you have about 380 CLAM you can expect to stake one block per day on average right now. Some days you won't stake any; other days you'll stake 2 or 3 blocks.

If you have less, you can expect to stake less often. Your chance of staking is proportional to the amount of CLAM in your wallet.

The difficulty goes up over time as the number of CLAMs trying to stake keeps increasing, so soon you'll need 400 CLAM to expect to stake once per day.

Thanks doogplus. If I have 400 clams, how to obtain daily reward? Please answer only those who know for sure. Thank You.

[dooglus]

Thanks doogplus. If I have 400 clams, how to obtain daily reward? Please answer only those who know for sure. Thank You.

All you need to do is leave your wallet online, and if it is password protected, make sure you have unlocked it for staking. If it isn't password protected, just leave it running.

Coins will only stake if they haven't been involved in a transaction in the last 4 hours, so don't move them around if you don't need to. And after staking, they can't stake again for 500 blocks (which takes about 8 hours).

I would recommend adding

splitsize=5

to your clam.conf file. It's in the same folder as your clam wallet.dat. If it doesn't exist, you can make it, add that line, and restart the client. It will arrange for your 400 CLAMs to be split into 80 separate outputs of size 5 when they first stake. That's good because otherwise you need to wait 8 hours every time you stake.

[eprocent]

Thanks doogplus. If I have 400 clams, how to obtain daily reward? Please answer only those who know for sure. Thank You.

All you need to do is leave your wallet online, and if it is password protected, make sure you have unlocked it for staking. If it isn't password protected, just leave it running.

Coins will only stake if they haven't been involved in a transaction in the last 4 hours, so don't move them around if you don't need to. And after staking, they can't stake again for 500 blocks (which takes about 8 hours).

I would recommend adding

splitsize=5

to your clam.conf file. It's in the same folder as your clam wallet.dat. If it doesn't exist, you can make it, add that line, and restart the client. It will arrange for your 400 CLAMs to be split into 80 separate outputs of size 5 when they first stake. That's good because otherwise you need to wait 8 hours every time you stake.

I want to know a certain number of clams reward per 400 clams deposit or a daily rate.

[dooglus]

I want to know a certain number of clams reward per 400 clams deposit or a daily rate.

Staking has a large element of luck to it.

If you're asking "exactly how many CLAM will I stake per day if I have 400 CLAM?" then I can't tell you, other than "it depends how lucky you are; you'll average a little over 1 CLAM per day, but it could take a week for your first stake if you're unlucky".

Every 16 seconds all the outputs in your wallet get a chance of staking. An sha256 hash is done of a bunch of things, including the time (rounded down to a multiple of 16 seconds since the epoch), and some unique properties of each output. If the hash is lower than the current target times the value of the output, you get to stake the next block. In that respect it's like Bitcoin mining - you can buy the fastest ASIC there is and still not mine any blocks if you're unlucky. Or you can mine on your CPU and find a block very quickly if you have amazing luck.

Or did I misunderstand your question?

The reward is "1 CLAM plus transaction fees" each time you stake a block.

[eprocent]

I want to know a certain number of clams reward per 400 clams deposit or a daily rate.

Staking has a large element of luck to it.

If you're asking "exactly how many CLAM will I stake per day if I have 400 CLAM?" then I can't tell you, other than "it depends how lucky you are; you'll average a little over 1 CLAM per day (1 for 400 CLAMs per day), but it could take a week for your first stake if you're unlucky".

Every 16 seconds all the outputs in your wallet get a chance of staking. An sha256 hash is done of a bunch of things, including the time (rounded down to a multiple of 16 seconds since the epoch), and some unique properties of each output. If the hash is lower than the current target times the value of the output, you get to stake the next block. In that respect it's like Bitcoin mining - you can buy the fastest ASIC there is and still not mine any blocks if you're unlucky. Or you can mine on your CPU and find a block very quickly if you have amazing luck.

Or did I misunderstand your question?

The reward is "1 CLAM plus transaction fees" each time you stake a block.

From what I understand from you, is that the reward is about 0.25 percent per day but as an average of 1 clam is calculated at a higher number of days. I mean ... I'll get CLAM Average 1 per day, but by calculating the average over several days not just one day. So you wanted to tell me through the above?

[freedomno1]

Coins will only stake if they haven't been involved in a transaction in the last 4 hours, so don't move them around if you don't need to. And after staking, they can't stake again for 500 blocks (which takes about 8 hours).

I would recommend adding

splitsize=5

to your clam.conf file. It's in the same folder as your clam wallet.dat. If it doesn't exist, you can make it, add that line, and restart the client. It will arrange for your 400 CLAMs to be split into 80 separate outputs of size 5 when they first stake. That's good because otherwise you need to wait 8 hours every time you stake.

A bit interested in this so the Clam wallet will stop staking once it finds a result, for eight hours (500 Blocks) but if you break the same 400 coins into 5 clam units it will continue staking through the period with the other 395 while the 5 clams that staked are processing the transaction.

Kind of wondering what the advantage is to having them all in one large lump sum instead of say split size 1 instead unless it makes it faster to find blocks with the 400 in a group staking versus separately.
(JD finds them often assume their is a split size there or it would only find one every 8 hours ^^)

[Nthused]

Just Dice is fun as although I lost everything after getting too greedy I'm going to be coming back to try to win it all back plus some

[Gibbs187x]

Just Dice is fun as although I lost everything after getting too greedy I'm going to be coming back to try to win it all back plus some

yea same here got greedy lol

[eprocent]

I want to know a certain number of clams reward per 400 clams deposit or a daily rate.

Staking has a large element of luck to it.

If you're asking "exactly how many CLAM will I stake per day if I have 400 CLAM?" then I can't tell you, other than "it depends how lucky you are; you'll average a little over 1 CLAM per day (1 for 400 CLAMs per day), but it could take a week for your first stake if you're unlucky".

Every 16 seconds all the outputs in your wallet get a chance of staking. An sha256 hash is done of a bunch of things, including the time (rounded down to a multiple of 16 seconds since the epoch), and some unique properties of each output. If the hash is lower than the current target times the value of the output, you get to stake the next block. In that respect it's like Bitcoin mining - you can buy the fastest ASIC there is and still not mine any blocks if you're unlucky. Or you can mine on your CPU and find a block very quickly if you have amazing luck.

Or did I misunderstand your question?

The reward is "1 CLAM plus transaction fees" each time you stake a block.

From what I understand from you, is that the reward is about 0.25 percent per day but as an average of 1 clam is calculated at a higher number of days. I mean ... I'll get CLAM Average 1 per day, but by calculating the average over several days not just one day. So you wanted to tell me through the above?

What is the min stake age?