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

[Yanakitu Tenatako]

How can I encrypt my wallet with clams.
I am considering security issues.

Command line:

  clamd encryptwallet <passphrase>

GUI:

  Misc -> Encrypt Wallet

Is it going to disable staking rewards?

Thank you Dooglus.

[1713242349]

1713242349

[dooglus]

Is it going to disable staking rewards?

You can't stake if the wallet is encrypted and not unlocked.

You can unlock it "just for staking".

RPC:

    walletpassphrase <passphrase> <timeout> [stakingonly]
    Stores the wallet decryption key in memory for <timeout> seconds.
    if [stakingonly] is true sending functions are disabled.

[shaifulhafizal]

hello, i just download clam wallet Windows 1.4.17 64.. after wallet complete sync. i create some address. xPBHcqCd4tJE4tXSNxVZh2HACCF6ckgwzX.. i check at http://www.khashier.com/address/xPBHcqCd4tJE4tXSNxVZh2HACCF6ckgwzX is got some msg say Address not seen on the network. how to i fix ?

[gjhiggins]

Address not seen on the network. how to i fix ?

Only transactions are broadcast to the network, therefore only those addresses referenced in transactions are “seen” by the network.

Cheers

Graham

[Yanakitu Tenatako]

Is it going to disable staking rewards?

You can't stake if the wallet is encrypted and not unlocked.

You can unlock it "just for staking".

RPC:

    walletpassphrase <passphrase> <timeout> [stakingonly]
    Stores the wallet decryption key in memory for <timeout> seconds.
    if [stakingonly] is true sending functions are disabled.

Dooglus, thank You.
One more question, unlocking for staking is valid for some time or until wallet is closed?

I am considering to put 5 btc on staking (in Clam of course) for long time.
Safety is very important for me.

Am I safe if wallet.dat is stolen and encrypted (but unlocked for staking only).

[BayAreaCoins]

hello, i just download clam wallet Windows 1.4.17 64.. after wallet complete sync. i create some address. xPBHcqCd4tJE4tXSNxVZh2HACCF6ckgwzX.. i check at http://www.khashier.com/address/xPBHcqCd4tJE4tXSNxVZh2HACCF6ckgwzX is got some msg say Address not seen on the network. how to i fix ?

Once you have coins on your address it will be seen by the network.

[jpcfan]

heard a few complaints about yobit not withdrawing clam requests. any news on this?

[andreadefi]

Signing / Verify an address to claim my clams.

That's not how it works.

To claim your CLAMs you need to sign a transaction using your BTC private keys. There's no mechanism to claim your CLAMs simply by signing a message.

Your CLAM private keys are *the same* as your BTC private keys. You claim your CLAMs in exactly the same way as you spend your BTC - by signing a transaction using your BTC private key.

I have some old paperwallets that are still in use, so I'd rather not expose any information outside of a signed message, using an offline computer running brainwallet software.

Signed messages aren't going to help you.

What you could do:

1. download the CLAM client on your online machine
2. run it, and let it sync up to at least block 10,000
3. shut it down, and copy the client and the whole CLAM data directory onto your offline machine
4. on the offline machine, import your BTC private keys; let it rescan the first 10k blocks
5. on the offline machine, create a transaction that spends your CLAMs; maybe to your exchange deposit address
6. on the offline machine, 'getrawtransaction <txid>' to get the raw transaction data
7. copy the raw transaction information to the online machine
8. on the online machine, 'sendrawtransaction <raw hex>' to broadcast it to the network

That way you've not exposed your private keys to anything other than the offline machine.

I made as you describe but when I insert in the console my BTC address private key it says that it's not a valid private key (error -5).
I write importprivkey <privatekey>

[almightyruler]

Dooglus, thank You.
One more question, unlocking for staking is valid for some time or until wallet is closed?

I am considering to put 5 btc on staking (in Clam of course) for long time.
Safety is very important for me.

Am I safe if wallet.dat is stolen and encrypted (but unlocked for staking only).

I can't answer for sure but I'd say the decryption happens in memory only, not "on disk", so your wallet.dat file will still be encrypted.

But there are two other security concerns I can think of, which apply if the attacker has control over your computer (rather than something less sophisticated like stealing your wallet.dat via an accidental network share)

1. A key logger. This will give the attacker your password as you type it.

2. If the attacker can read arbitrary memory locations, they may be able to locate the decrypted private keys that are necessary to stake.

If you're going to invest 5 BTC it may be worth considering building a custom machine. Lock it down tight, and only allow outbound connects on the CLAM port. Disallow everything else.

[technerd]

Dooglus, thank You.
One more question, unlocking for staking is valid for some time or until wallet is closed?

I am considering to put 5 btc on staking (in Clam of course) for long time.
Safety is very important for me.

Am I safe if wallet.dat is stolen and encrypted (but unlocked for staking only).

I can't answer for sure but I'd say the decryption happens in memory only, not "on disk", so your wallet.dat file will still be encrypted.

But there are two other security concerns I can think of, which apply if the attacker has control over your computer (rather than something less sophisticated like stealing your wallet.dat via an accidental network share)

1. A key logger. This will give the attacker your password as you type it.

2. If the attacker can read arbitrary memory locations, they may be able to locate the decrypted private keys that are necessary to stake.

If you're going to invest 5 BTC it may be worth considering building a custom machine. Lock it down tight, and only allow outbound connects on the CLAM port. Disallow everything else.

Hi experts,

Hope someone can help clarify a few questions I have here:

1. What's a good reliable exchange to convert dogecoins to clams? I know shapeshift.io allows this conversion but reading the last 26 pages, there were a few concerns raised on shapeshift.io being "spotty", and transactions actually go via poloniex (? correct me if I'm wrong) which recently reduced trading capabilities on clams (margin trading I believe).  So this doesn't really illicit a lot of confidence.

2. Regarding the quote above, does it mean it's not advisable to simply keep the qt client open for staking on a normal PC?  How do the regular clam holders do it? I believe security is a concern for everyone so this should be important to address (thanks to the original poster of the question).

Thanks.

[Muttley]

Dooglus, thank You.
One more question, unlocking for staking is valid for some time or until wallet is closed?

I am considering to put 5 btc on staking (in Clam of course) for long time.
Safety is very important for me.

Am I safe if wallet.dat is stolen and encrypted (but unlocked for staking only).

I can't answer for sure but I'd say the decryption happens in memory only, not "on disk", so your wallet.dat file will still be encrypted.

But there are two other security concerns I can think of, which apply if the attacker has control over your computer (rather than something less sophisticated like stealing your wallet.dat via an accidental network share)

1. A key logger. This will give the attacker your password as you type it.

2. If the attacker can read arbitrary memory locations, they may be able to locate the decrypted private keys that are necessary to stake.

If you're going to invest 5 BTC it may be worth considering building a custom machine. Lock it down tight, and only allow outbound connects on the CLAM port. Disallow everything else.

Hi experts,

Hope someone can help clarify a few questions I have here:

1. What's a good reliable exchange to convert dogecoins to clams? I know shapeshift.io allows this conversion but reading the last 26 pages, there were a few concerns raised on shapeshift.io being "spotty", and transactions actually go via poloniex (? correct me if I'm wrong) which recently reduced trading capabilities on clams (margin trading I believe).  So this doesn't really illicit a lot of confidence.

2. Regarding the quote above, does it mean it's not advisable to simply keep the qt client open for staking on a normal PC?  How do the regular clam holders do it? I believe security is a concern for everyone so this should be important to address (thanks to the original poster of the question).

Thanks.

@technerd
BLEUTRADE has CLAM/DOGE - DOGE/CLAM markets, take a look.

[marilyn4325]

I used Bittrex recently, because Poloniex had problems with CLAMs. But you have to convert it first to/from Bitcoin.

[BayAreaCoins]

there were a few concerns raised on shapeshift.io being "spotty", and transactions actually go via poloniex (? correct me if I'm wrong)

Shapeshift will send you coins from their own wallet, but use coins on Poloniex to mimic the trade as well.

Which is actually pretty good because Poloniex is a fucking shit show and paying the little extra to avoid them... maybe worth it if the transaction is large enough to not get pwned % wise by "miner fees" (which don't actually go to the miners in my experiences.)

[xibeijan]

I just have a feeling something really good is going to happen with Clam.  See you at $100 per clam!

[BayAreaCoins]

I just have a feeling something really good is going to happen with Clam.  See you at $100 per clam!

I agree

[technerd]

@technerd
BLEUTRADE has CLAM/DOGE - DOGE/CLAM markets, take a look.

Thanks. Will have a look at Bleutrade.

I used Bittrex recently, because Poloniex had problems with CLAMs. But you have to convert it first to/from Bitcoin.

Thanks. My bittrex account was suddenly required to do enhanced verification, so I have not gotten to it yet. But will check it out once I have everything sorted out.

Shapeshift will send you coins from their own wallet, but use coins on Poloniex to mimic the trade as well.

Which is actually pretty good because Poloniex is a fucking shit show and paying the little extra to avoid them... maybe worth it if the transaction is large enough to not get pwned % wise by "miner fees" (which don't actually go to the miners in my experiences.)

Thanks. So if I understand correctly, shapeshift is fine, other than the higher extra fees?

[BayAreaCoins]

Absolutely fine.  

Above average in fact.

[Yanakitu Tenatako]

Problem on Poloniex:

CLAM is currently under maintenance or experiencing wallet/network issues. Deposits and withdrawals will remain disabled until a solution is found, which may require an update from the CLAM team. Any updates must be tested and audited before enabling.

[BayAreaCoins]

Problem on Poloniex:

CLAM is currently under maintenance or experiencing wallet/network issues. Deposits and withdrawals will remain disabled until a solution is found, which may require an update from the CLAM team. Any updates must be tested and audited before enabling.

Poloniex is absolutely fucking HORRIBLE.

I have CLAM deposits not showing up + they are requiring manual approval for my pending Bitcoins... It has been two business days for the Bitcoins.

[CryptoCelebritiesTreasure]

Devs, will you further distribute free CLAM for BTC holders? I have another block, that was a matter for initial distribution, but may be it will be another new stakes?