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

[smooth]

As for knowing the voting weights of the other ~17%, we can't, unless they tell us. All we can do is count up the votes on the blockchain and see what is actually being voted for.

Sure we can. We can count up all the votes from the blockchain and then substract what JD reports. That tells us exactly what the rest (non-JD) of the blockchain is voting.

The only way this is less accurate than what JD is reporting is the natural variance of who gets to stake a block. Over a week this should be reasonably close to overall voting preferences.

[smooth]

I cry a bit when I think of all the CLAM stakes missed by those who have their CLAM in the Poloniex books

People get intrest, even higher then stake=P

They do, and that would presumably continue to be the case even if the staking reward increased. The lending market would have to adapt to keep up with the staking rate.

Coins that are backing an order on the book can't be lent out. So no, people providing liquidity to the market don't get paid interest, nor stake (as long as Poloniex rules remain unchanged).

Providing liquidity is, in general, an activity that generates return on investment and has to compete with other such activities. So if the staking rate goes up, all else being equal the rate of return on liquidity will go up as well (i.e. trading more expensive for takers).

EDIT: Typo can/can't

[smooth]

Someone whose coins aren't staking for just 24 hours out of a month will lose 1% value (coins are ineligible to stake for 4 hours after moving and can't be moved for 8 hours after staking). This will likely lead to increase concentration of ownership over time.

People should manage their wallets such that transacting with a portion of their coins doesn't affect the rest of their coins. The Just-Dice hot wallet transacts constantly, and yet is very able to continue staking at all times.

That is entirely missing the point. JD can have a large staking wallet backing a relatively smaller amount of activity because it has a large amount of capital. People who aren't as well-endowed with their CLAM will have a much smaller ratio between backing stake and active coins. In other words, this will further concentrate ownership, and discourage activity.

[dooglus]

As for knowing the voting weights of the other ~17%, we can't, unless they tell us. All we can do is count up the votes on the blockchain and see what is actually being voted for.

Sure we can. We can count up all the votes from the blockchain and then substract what JD reports. That tells us exactly what the rest (non-JD) of the blockchain is voting.

Right. I mean we can't know the weights, we can only know the results.

It's also kind of tricky to subtract off the JD blocks, because it's not trivial to identify the JD blocks. Some deposits stake before they are moved to an xJDCLAMZ address. Perhaps I should tag each JD vote with an identifying mark to make this easier.

[123sss]

the hike to prepare to merge

[123sss]

dump?

[dooglus]

Coins that are backing an order on the book can be lent out.

I think you mean "can't", right? Otherwise your point is good.

[smooth]

Coins that are backing an order on the book can be lent out.

I think you mean "can't", right? Otherwise your point is good.

Yup, typo. Will fix.

[djhomeschool]

doog's null prop does not show on txti.

[smooth]

As for knowing the voting weights of the other ~17%, we can't, unless they tell us. All we can do is count up the votes on the blockchain and see what is actually being voted for.

Sure we can. We can count up all the votes from the blockchain and then substract what JD reports. That tells us exactly what the rest (non-JD) of the blockchain is voting.

Right. I mean we can't know the weights, we can only know the results.

It's also kind of tricky to subtract off the JD blocks, because it's not trivial to identify the JD blocks. Some deposits stake before they are moved to an xJDCLAMZ address. Perhaps I should tag each JD vote with an identifying mark to make this easier.

I more meant we could subtract the JD weights. Of course that is a moving target, but probably doesn't move that fast, and can be recorded over a time window (if someone chooses to do so or if this function is added to the JD back end).

[smooth]

Hi All
I found a bitcoin client fork that shows you your clam balance without having to load it in the clam client. just for those who don't want to mess around with their wallet and find out if they have clams

bitcoin-0.11.2-win32-setup-clamfork.zip - link removed
bitcoin-0.11.2-win64-setup-clamfork.zip - link removed

it also means you can send bitcoin and continue with bitcoin core without clam client.

Beware Newbies offering crypto software

[dooglus]

doog's null prop does not show on txti.

txti pages seem to be strangely cached.

Try adding ?wgjwlvj to the end of the URL, for any random word wgjwlvj:

  http://txti.es/clamour?wgjwlvj

That tricks whatever is caching it into giving you the live version.

[dooglus]

Hi All
I found a bitcoin client fork that shows you your clam balance without having to load it in the clam client. just for those who don't want to mess around with their wallet and find out if they have clams

bitcoin-0.11.2-win32-setup-clamfork.zip - link removed
bitcoin-0.11.2-win64-setup-clamfork.zip - link removed

it also means you can send bitcoin and continue with bitcoin core without clam client.

Beware Newbies offering crypto software

In pre-compiled Windows binary format, especially. Where's the source code?

[SuperClam]

Hi All
I found a bitcoin client fork that shows you your clam balance without having to load it in the clam client. just for those who don't want to mess around with their wallet and find out if they have clams
bitcoin-0.11.2-win32-setup-clamfork.zip - link removed
bitcoin-0.11.2-win64-setup-clamfork.zip - link removed
it also means you can send bitcoin and continue with bitcoin core without clam client.

Beware Newbies offering crypto software

In pre-compiled Windows binary format, especially. Where's the source code?

Deleted the quoted post.

Can't allow it for security reasons.

Where's the source code?

[clf99]

atm staking annual interest rate is 53% (which is basically what you get on JD - turns out the gambling losses don't add up to much i guess)

lending money to shorters on polo has an annual interest rate of 300% (.2999%/day) 

compound formula is annualrate=(1+dayrate/100)^365 - 1

[shanem]

Is the CLAM digging over? I see that the price has stabilized above 0.002 and it looks that CLAM is consolidating its position for the next uptrend.

[clf99]

Is the CLAM digging over? I see that the price has stabilized above 0.002 and it looks that CLAM is consolidating its position for the next uptrend.

probably.

clam is performing well compared to other alts during this upside move of btc

[chilly2k]

   Any chance you can add the Clamour info to the OP, and/or website.   

[gamblingbad]

atm staking annual interest rate is 53% (which is basically what you get on JD - turns out the gambling losses don't add up to much i guess)

lending money to shorters on polo has an annual interest rate of 300% (.2999%/day) 

compound formula is annualrate=(1+dayrate/100)^365 - 1

Polo take 15% fee + and your clam dont get lent out all the time

[clf99]

true.  lending is very manual as rates move around