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

[almightyruler]

It is easy to forget that the CLAM supply is still significantly less than BTC, the inflation curve is more conservative for quite some time yet, and each clam that is staked represents a smaller amount of 'inflation' proportionally due to the ever growing total supply.  

I must not be understanding something correctly.  

http://khashier.com/       says 16092480.15730008 coins created.

https://blockchain.info/charts/total-bitcoins       says 15,972,763  total btc.  

How is that significantly less, looks like the other way around?  

Hmm..  I also see that coinmarketcap    says 1,987,196 CLAM  available supply.

So that is all that has been staked & dug?  

The distribution is based on the number of unspent outputs (regardless of the amount) that existed on a specific date, so it's not a 1:1 CLAM:BTC relationship, nor did the distribution necessarily favour BTC wallets with a large balance.

If on that day you had 1000 BTC in a single unspent output, the CLAM blockchain will have have 1 transaction that matches your key (~4.6 CLAMs)

If on that day you had 0.1 BTC spread over 10 unspent outputs, the CLAM blockchain will have 10 transactions that match your keys (~46 CLAMs)

To further complicate things, initial PoS rewards were based on a lotto system that could occasionally reward hundreds (or was it thousands?) of CLAMs if you won the stake of a special reward block.

So yeah, there's no really clear relationship between BTC minted, and CLAMs claimed.

[SuperClam]

If anyone in the community has programming experience and experience with IFTTT (and would be willing to get involved), please PM this account or visit the freenode IRC #clams channel. 
 
Thanks

[PAMPT]

Not to be negative, so long there is over 500k new clams every year its hard to keep price over 0.001.

Someone should set up a gambling site or decentralized autonomous contract gambling, where clams get burned if you lose or something.  
Would help decrease supply, or at least regulate it?  Or, maybe put clam voting system to use and vote to change supply rate? (in terms of stake rate, not sure if possible for digging)

On a side note: 
 
It is easy to forget that the CLAM supply is still significantly less than BTC, the inflation curve is more conservative for quite some time yet, and each clam that is staked represents a smaller amount of 'inflation' proportionally due to the ever growing total supply. 

Another inflation curve braindead kid. To stress the point inflation curve is not the only magical aspect of viability a buyer would love to gauge before hes in.

[SuperClam]

Another inflation curve braindead kid. To stress the point inflation curve is not the only magical aspect of viability a buyer would love to gauge before hes in.

 
 
Nothing magical.   
The conversation was specifically referencing coin supply; thus, coin supply was specifically referenced.

[wetsuit]

Is there an API that I could use to check a few hundred thousand bitcoin and dogecoin addresses to see if any have CLAMS that can be claimed?

Thanks.

[andulolika]

Is there an API that I could use to check a few hundred thousand bitcoin and dogecoin addresses to see if any have CLAMS that can be claimed?

Thanks.

you should download and sync the CLAM wallet, make sure your addresses are empty and there is a process to check all the addresses, it should be here in the thread, someone will answer with more specifical info or you could ask for help on the clam IRC #clams on freenode.
Eitherway you should start downloading the wallet and sync it as first step.

[SuperClam]

Is there an API that I could use to check a few hundred thousand bitcoin and dogecoin addresses to see if any have CLAMS that can be claimed?

Thanks.

you should download and sync the CLAM wallet, make sure your addresses are empty and there is a process to check all the addresses, it should be here in the thread, someone will answer with more specifical info or you could ask for help on the clam IRC #clams on freenode.
Eitherway you should start downloading the wallet and sync it as first step.

It can be as simple as placing the wallet.dat file holding the addresses in the data folder. 
You can also use the file->import wallet command and browse to the wallet. 
Finally, if the debug file shows some missed keys on importing that way you can try with the -salvagewallet flag.

[wetsuit]

Is there an API that I could use to check a few hundred thousand bitcoin and dogecoin addresses to see if any have CLAMS that can be claimed?

Thanks.

you should download and sync the CLAM wallet, make sure your addresses are empty and there is a process to check all the addresses, it should be here in the thread, someone will answer with more specifical info or you could ask for help on the clam IRC #clams on freenode.
Eitherway you should start downloading the wallet and sync it as first step.

It can be as simple as placing the wallet.dat file holding the addresses in the data folder. 
You can also use the file->import wallet command and browse to the wallet. 
Finally, if the debug file shows some missed keys on importing that way you can try with the -salvagewallet flag.

Thanks for the help.

If I understand correctly, to claim CLAMS I only need to provide a signed message from the respective BTC or DOGE address. Is that correct?

If so, could you please tell me the command to use with the server daemon for doing this? I can automate the process for all my addresses. Basically I wanted to know if CLAMS could be claimed without revealing the private key of the respective BTC or DOGE address?

[SuperClam]

Thanks for the help.

If I understand correctly, to claim CLAMS I only need to provide a signed message from the respective BTC or DOGE address. Is that correct?

If so, could you please tell me the command to use with the server daemon for doing this? I can automate the process for all my addresses. Basically I wanted to know if CLAMS could be claimed without revealing the private key of the respective BTC or DOGE address?

There is no need to 'reveal' the privKey, however it must be used to sign a transaction - much as how a DOGE/LTC/BTC transaction would be signed.  
You could probably manually do so via the rawtx commands, but I would point you towards dooglus for that.  

It is a very sensitive potentially dangerous process, and he would undoubtedly be able to better inform you with all of the caveats that apply.  
  
 

If you feel comfortable doing so yourself (which I doubt, given that you are asking) you are looking for the createrawtransaction and signrawtransaction commands.

[almightyruler]

If I understand correctly, to claim CLAMS I only need to provide a signed message from the respective BTC or DOGE address. Is that correct?

If so, could you please tell me the command to use with the server daemon for doing this? I can automate the process for all my addresses. Basically I wanted to know if CLAMS could be claimed without revealing the private key of the respective BTC or DOGE address?

There's no need to sign anything. All you need to do is let the CLAM wallet associate your addresses (which you hold the private keys for) with funds that were sent as part of the initial distribution.

If you just have a few wallets I believe you can import each into the client individually. It's basically a rescan of the blockchain to associate the addresses in the wallet with existing transactions.

If you have a bunch of privkeys from multiple wallets, you can import each key into the client using the RPC importprivkey command.

This is done 100% locally - no peers or any other third parties are queried in order to match against your keys. It's not until you actually use the funds in a transaction that the network sees any action.

(Do you run some sort of exchange, online wallet, or other service which holds user's funds? Are we about to see a big dig?...)

[CoinRoster]

clamd getstakinginfo command gives me an output (among other things) of... "expectedtime" : 79426, can anyone tell me what this means?

[almightyruler]

Is there an API that I could use to check a few hundred thousand bitcoin and dogecoin addresses to see if any have CLAMS that can be claimed?

I just went back to find the number of addresses you wanted to check.

Oh, crap.

[frostynug]

Clams will be added to the next release of the Bitsquare P2P exchange, v0.4.9.7 due out in about a fortnight.

For more information: https://bitsquare.io

this is definitely some good news!

[lovewiki]

clamd getstakinginfo command gives me an output (among other things) of... "expectedtime" : 79426, can anyone tell me what this means?

This means if you continue staking, it is expected that you will find a new block after 79426 seconds.

But there is no guarantee because it is only an estimation. It is also possible you will find a new block one second later, or you will never find one.

[dooglus]

clamd getstakinginfo command gives me an output (among other things) of... "expectedtime" : 79426, can anyone tell me what this means?

This means if you continue staking, it is expected that you will find a new block after 79426 seconds.

But there is no guarantee because it is only an estimation. It is also possible you will find a new block one second later, or you will never find one.

I can confirm it's the expected time to stake, in seconds.

[dooglus]

If I understand correctly, to claim CLAMS I only need to provide a signed message from the respective BTC or DOGE address. Is that correct?

Nearly, but not quite. You need to provide a signature, but of a transaction, not a message. This is the same that Bitcoin uses - when you want to spend your Bitcoins your wallet makes a transaction and signs it using your Bitcoin private key.

The point you may be missing is that the private key for your free CLAMs *is* your BTC private key. The private keys are the same, and the addresses only look different because of the 'version byte' (the thing which makes BTC addresses start with a '1' while CLAM addresses start with an 'x').

So the easiest way to sign a transaction using your private key is to import your old BTC/DOGE private keys into a CLAM wallet, let it rescan, and then send a transaction from the CLAM wallet as you would from any other wallet.

If so, could you please tell me the command to use with the server daemon for doing this?

"clamd sendtoaddress <address> <amount>" - or use the QT version and use the send tab.

[almightyruler]

If I understand correctly, to claim CLAMS I only need to provide a signed message from the respective BTC or DOGE address. Is that correct?

Nearly, but not quite. You need to provide a signature, but of a transaction, not a message. This is the same that Bitcoin uses - when you want to spend your Bitcoins your wallet makes a transaction and signs it using your Bitcoin private key.

Unless I'm misunderstanding the original question, we seem to have gone off the track a little. Wetsuit just wants to find out if BTC/DOGE addresses are eligible to claim, right? Why would there be a need to sign a transaction by sending funds? Import the private keys and rescan the blockchain.

I'm just getting nervous about what will happen if a good portion of those "hundred thousand addresses" are eligible to claim.

[SuperClam]

Unless I'm misunderstanding the original question, we seem to have gone off the track a little. Wetsuit just wants to find out if BTC/DOGE addresses are eligible to claim, right? Why would there be a need to sign a transaction by sending funds? Import the private keys and rescan the blockchain.

I'm just getting nervous about what will happen if a good portion of those "hundred thousand addresses" are eligible to claim.

I expect the quotes are apt. 
That said, the proof is in the pudding  
 
Regardless, a concerned user could indeed sync, block/unplug/firewall and check - without exposing the client to the outside world when it touches the private keys.

[dooglus]

Wetsuit just wants to find out if BTC/DOGE addresses are eligible to claim

Oh, well to do that he doesn't need to even know his private keys, or share them with anyone.

The first 10k blocks in the CLAM blockchain list all the CLAM addresses which are eligible to claim, and it is possible to convert those CLAM addresses to BTC, LTC, and DOGE addresses by changing the version byte accordingly.

There were about 3.2 million CLAM addresses funded. Those correspond to 3.2 million BTC addresses. If you have a list of your BTC addresses you could make a list of funded BTC addresses, and check for matches with the list of funded BTC addresses.

[BayAreaCoins]

I just had something brought to my attention that needs to be added to the OP and is GREAT news.

BTCPop now allows users to trade Clamcoins while they stake!!  This means you can leave a CLAM order on the books and it will still mint coins for you.  They also charge a super low fee of 2% on staked coins (Just-Dice is 10% and bustaclams is a little lower.)

I'm going to start trading over on BTCPop here really soon and I hope to see more over there helping decentralize the CLAM network.

BTCPop primary has done Bitcoin loans in the past, but they are breaking into new markets and are super happy to have our CLAMmunities business.

I deposited 1 CLAM for testing this more... all is working well.