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

[rocoro]

Whatever everyone decides (assuming it will be fair), I hope its the right answer.

[doothewop]

http://coinmarketcap.com/currencies/views/all/

i think this site underestimates clam's market cap by a factor of 6 at least.
this leads people to avoid the currency

You think that's what it is?  Not its lack of utility beyond playing dice?

[smooth]

http://coinmarketcap.com/currencies/views/all/

i think this site underestimates clam's market cap by a factor of 6 at least.
this leads people to avoid the currency

Doesn't look that way to me. Please explain.

[clf99]

sure.  the site http://coinmarketcap.com/currencies/views/all/ lists clams as 49th and says there are 1million clams worth 400k$

on justdice (https://just-dice.com/) there are 900k clams invested.  Almost the whole lot?
On (http://blocktree.io/richlist/CLAM) it says the top guy, with 800k clams has 5% of the total, implying 16million.
This site (http://khashier.com/chain/Clam) based on the blockchain says (i think) that there are 15.5million clams.

if they're 40cents each, that's more than $400k.  much more.  like 5 or 6 million dollars.

It is true the utility is limited by only having a few places to use clams.  But in the world of currencies, belief can become truth.
In the world period, actually.

[smooth]

sure.  the site http://coinmarketcap.com/currencies/views/all/ lists clams as 49th and says there are 1million clams worth 400k$

on justdice (https://just-dice.com/) there are 900k clams invested.  Almost the whole lot?

Yes that is well known.

On (http://blocktree.io/richlist/CLAM) it says the top guy, with 800k clams has 5% of the total, implying 16million.

The "top guy" on that list is xJDCLAMZkcp7fQ3ieHfZA4SLu3aTy2Y1mr

Did it not occur to you that is the same as the Just-Dice bankroll?

This site (http://khashier.com/chain/Clam) based on the blockchain says (i think) that there are 15.5million clams.

Yes but coinmarketcap does not count premined coins that aren't yet circulated. Same with ripple, etc.

It does correctly list "Total Supply" for CLAMS here but that number isn't used for market cap calculations, "Available Supply" is.

[chilly2k]

sure.  the site http://coinmarketcap.com/currencies/views/all/ lists clams as 49th and says there are 1million clams worth 400k$

on justdice (https://just-dice.com/) there are 900k clams invested.  Almost the whole lot?
On (http://blocktree.io/richlist/CLAM) it says the top guy, with 800k clams has 5% of the total, implying 16million.
This site (http://khashier.com/chain/Clam) based on the blockchain says (i think) that there are 15.5million clams.

if they're 40cents each, that's more than $400k.  much more.  like 5 or 6 million dollars.

It is true the utility is limited by only having a few places to use clams.  But in the world of currencies, belief can become truth.
In the world period, actually.

  I wonder how often they update the active supply.  They show 1,079K and there is currently 1,460K.  Digger just finished digging in the last few days.   So they are off ~400K.  Which is quite a bit with such a low starting point. 

[smooth]

sure.  the site http://coinmarketcap.com/currencies/views/all/ lists clams as 49th and says there are 1million clams worth 400k$

on justdice (https://just-dice.com/) there are 900k clams invested.  Almost the whole lot?
On (http://blocktree.io/richlist/CLAM) it says the top guy, with 800k clams has 5% of the total, implying 16million.
This site (http://khashier.com/chain/Clam) based on the blockchain says (i think) that there are 15.5million clams.

if they're 40cents each, that's more than $400k.  much more.  like 5 or 6 million dollars.

It is true the utility is limited by only having a few places to use clams.  But in the world of currencies, belief can become truth.
In the world period, actually.

  I wonder how often they update the active supply.

Seems to be a problem affecting multiple coins: https://bitcointalk.org/index.php?topic=199685.msg13017117#msg13017117

I noted the issue with CLAMs on their thread as well.

[clf99]

so there are 1.4mil clams worth 560k$ mostly owned by one guy who owns justdice
and a new guy, the digger, who everyone is mad at that dug another 400k or so

is that about it?

 

[chilly2k]

so there are 1.4mil clams worth 560k$ mostly owned by one guy who owns justdice
and a new guy, the digger, who everyone is mad at that dug another 400k or so

is that about it?

 

   Just about...   But the one guy that owns JD is just holding the clams for his friends, and the digger is selling his as fast as he can and still get a good price. 

That's he slightly more detailed version.   

[Furio]

My client wont sync anymore, tried fresh installs everything, it wont do it, what can be the problem?

[ethought]

My client wont sync anymore, tried fresh installs everything, it wont do it, what can be the problem?

Try adding these nodes:

addnode=144.76.185.69
addnode=91.232.105.11
addnode=2a01:4f8:151:6347::2
addnode=176.9.113.75
addnode=45.79.151.194
addnode=88.198.207.8
addnode=168.235.150.242
addnode=109.236.85.42
addnode=192.241.224.61
addnode=162.243.198.51
addnode=192.99.32.187
addnode=74.207.230.61
addnode=104.236.69.34
addnode=2600:3c02::f03c:91ff:fe6e:e806
addnode=159.203.117.103
addnode=203.45.89.214
addnode=199.233.246.224
addnode=5.189.139.227
addnode=23.117.142.67
addnode=86.188.104.174
addnode=75.136.69.71
addnode=93.33.144.9
addnode=109.182.159.47
addnode=151.80.33.164
addnode=86.191.255.223
addnode=52.5.155.203
addnode=99.237.87.158
addnode=213.107.69.133
addnode=91.73.255.52
addnode=2602:306:c5b4:a190:1d42:b1e5:8ad3:adcd
addnode=78.62.83.197
addnode=2605:f700:80:800::4958:58fc
addnode=2605:e000:a901:be00:ac5a:6691:f0a6:d3d7
addnode=89.164.59.191
addnode=2606:a000:8880:e900:9066:ff21:6cb8:b507
addnode=65.182.72.222
addnode=107.170.174.86
addnode=72.10.216.141
addnode=98.238.201.128
addnode=2003:89:ee36:587:6d14:c7da:ef2e:5695
addnode=188.218.135.19
addnode=91.230.202.187
addnode=31.223.129.19
addnode=125.212.124.117
addnode=188.68.49.137
addnode=185.37.86.95
addnode=141.135.135.208

[lovewiki]

It would be nice if it could be done just through the network (some kind of proxy staking) somehow,  again to avoid giving someone *control* (not ownership) over your clams.

I've looked at doing something like that in the past, but came to the conclusion that it's probably not a good idea. If there was some way of giving "staking rights" to a third party without also giving "spending rights", then more people would feel comfortable signing away their staking rights. That would lead to bigger staking pools. Currently JD doesn't have much competition, because it is the most trusted, and so even though smooth's pool is free, people would rather pay the 10% for "a name they can trust". If you didn't need to trust smooth, everyone would stake with him, and he'd be able to 51% the network. I think it's best for that reason not to separate "staking rights" from "spending rights", to force people to think seriously about who they trust to stake their coin.

Nxt allows leasing balance for forging and their network is running fine, at least far more decentralized than CLAM. This is something that CLAM should also implement.

Now if people withdraw from JD, most will just go directly to exchanges because staking on their own wallets is a waste of time. If leasing balance for staking becomes an option, it will also encourage people to move their coins off the exchanges.

[SuperClam]

Is voting still planned on going live today?

I think she was just going to post further information about what the process is going to be by today..

My apologies for the delay on announcing the specifics around the petition process.

As some of you are aware, it is a holiday in the U.S.

I have written the first draft of the announcement and disseminated it for review by other members of the development team.

I intend to find time later today to hopefully make final edits and post the announcement.

As you will see once we announce, the petition process is an ongoing process of expressing support and not a 'finite' vote.
So, no need to hold your breathe - but, I expect the wrinkles will be ironed out, agreed to and posted later today.

The included update, to make it more user-friendly to format petitions, should also include a few other features such as "CLAMnotary"(finally).

Back later.

[doothewop]

staking on their own wallets is a waste of time.

I don't find this to be the case at all.

[rocoro]

leasing balance for forging

Sounds like a good idea,  but please; no java coins. 

Thanks.

[USB-S]

leasing balance for forging

Sounds like a good idea,  but please; no java coins. 

Thanks.

What's wrong with java. Most if not all big businesses use java server side. Far easier to code and debug a secure system than any other language out there. Also java is currently available on more devices than any other programming language.

However, how much will clam tank before we hit the floor with the price? I'm glad I sold mine at 130k sats. It hit 107k sats today, lowest it has been this year on polo.

[rocoro]

Not going to list or get in fights about all the things wrong with Java, there is vast amounts of information already available on that.

Regarding the floor,  I guess it depends on the rate of dumping by the dumper.

[thefix]

Not going to list or get in fights about all the things wrong with Java, there is vast amounts of information already available on that.

Regarding the floor,  I guess it depends on the rate of dumping by the dumper.

Many other factors to consider as well--- not just a single digger

Remember the Millions of coins that have not been claimed yet

We could see many more large diggers very soon or down the road.

People have to decide if they want to take the risk of supporting future large diggers.

[rocoro]

Not going to list or get in fights about all the things wrong with Java, there is vast amounts of information already available on that.

Regarding the floor,  I guess it depends on the rate of dumping by the dumper.

Many other factors to consider as well--- not just a single digger

Remember the Millions of coins that have not been claimed yet

We could see many more large diggers very soon or down the road.

People have to decide if they want to take the risk of supporting future large diggers.

Or, what if there isn't really any..  maybe just a bunch of lost forgotten addresses? 
Could be a very limited supply then, of clam.

[smooth]

What we have seen every time in the past (AFAIK -- I wasn't around at the very beginning so I may be wrong about very early digs), including this one, is that most often diggers show up after big price increases. It may be people who are aware of their available dig but don't bother until the price goes up enough to motivate them, or people who aren't even aware of CLAM until it starts showing up on price and volume leader boards, and then figure out they have coins to dig.

So my prediction is that we will not see any more big digs until the price recovers. Of course, it is just a prediction, and could well be incorrect.

The discussion about cutting off or taxing digging may motivate more short term diggers than otherwise would have been the case though.