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

[garthkiser]

I would estimate you got about 3 BTC of hash on that pool before it bit the dust...
It was just too much of a black box... and running ASICs is expensive...
So that's about 4,000 CLAM less expenses that you should pay out.

The ONLY reason to have a multipool is to pump the price...
This is a Zero Sum game... you take cap from other alts... or they take cap from you...
You play to win or you don't play.

It's a miracle that CLAM is still hanging at 70K sat... and viable.

Here's what I think you should do...
Get ClamStake into the thick of the High Stake niche with HYP, HBN, CAP, etc...
That niche is rocking and has quality devs and communities...
You have to increase the float any way you can and re-brand this thing.

 

Forget about the innovative launch... it's irrelevant at this point.

CLAMs remains around 70k Satoshi because of that innovative lauch  

But yes, much of the work currently being done with CLAMs is focused on bringing more light to its lottery system.

[1713877219]

1713877219

[1713877219]

1713877219

[tryphe]

thats cool, I sent about 300mh there for about a day, zero clams so far

Feel your pain, really do.  There is a bit of coinage sitting on exchange, but by time you figure exchange fees and what-not withdrawing it would mean a massive percentage in fees  

So sitting it remains, for now.

Sorry ;(

I would estimate you got about 3 BTC of hash on that pool before it bit the dust...
It was just too much of a black box... and running ASICs is expensive...
So that's about 4,000 CLAM less expenses that you should pay out.

The ONLY reason to have a multipool is to pump the price...
This is a Zero Sum game... you take cap from other alts... or they take cap from you...
You play to win or you don't play.

It's a miracle that CLAM is still hanging at 70K sat... and viable.

Here's what I think you should do...
Get ClamStake into the thick of the High Stake niche with HYP, HBN, CAP, etc...
That niche is rocking and has quality devs and communities...
You have to increase the float any way you can and re-brand this thing.

 

Forget about the innovative launch... it's irrelevant at this point.

I'd have to strongly disagree. The launch is most relevant because it was the most fair launch of any coin (my opinion) as far as per-user coin supply. No handouts, and furthermore no coins that can be mined on a whim to instantly pump the price. This was on purpose, as market cap should increase at an almost even rate along with user adoption. Sure, coin supply is slow, but it was never absurd like some of the other coins you mentioned(Read: I love most of these other coins, no disrespect intended). No other coins can say this as their stake rates are massive and/or coin supply suffers from unequal distribution, mining farms, handouts, developer faucets, short term holding, etc.

If Johnny(buttcoin millionaire) comes in tomorrow, he has his fair share, just as he did from day one. The same amount of coin. But, he wasn't staking to support the network, so he hasn't gotten any interest. That doesn't mean he's not going to dump it all, but I'd consider it less likely because there's not some huge machine churning out CLAMS that can outdo him. Just because someone doesn't recognize our coin NOW doesn't mean they shouldn't be able to get a whole lot later. Nor does it mean they shouldn't get more for supporting the network consistently, even if they have a small amount; hence the lotto system. A few weeks ago someone staked a lotto of ~700 CLAM from a pile of just 2 CLAM.

TLDR:
I fail to see any flaws in our distribution method other than not having a huge gaping supply to hype the shit out of CLAMS?
We're not a pump and dump coin; but yes, if you're going to compare us to other pump and dump coins, we're going to look like just another turd.


As far as the multipool thing goes, yeah, it's not real profitable now. There's never a whole lot of CLAMS for sale, which makes them expensive. Our most common stake is 0.1 CLAM, and when you're relying on these kind of small numbers for a "supply", it's a less preferable option than simply mining other coins (Unless you really love CLAMS like me, I'm #1 on our hash list =D). If you look at the QBK multipool, it dropped almost 1GH of x11 in one day due to a price drop after the recent pump. On the other hand, the CLAMS multipool is more intended to maintain current exchange prices rather than create a massive pump. Many users keep their CLAMS originally from importing their personal wallets, as this is just for fun (for now at least), thus the amount in circulation becomes even smaller.

That's not to say I won't run a faucet if I stake a large lotto block, though =p =D Just to get the word out, if anything.

[krach]

CLAMS is not broken ,therefore no need to "fix" by following the latest trends, hell you could also change the algo to XCLAM5001 add Pearl Ring Signatures, fork couterparty into the blockchain followed by an airdrop and implementation of PoT Proof of Trend

[madmartyk]

Hi guys.

 I have a problem with the wallet. I'm missing some clams and all my addresses are gone. also my password for unlocking wallet does not work, although I'm pretty sure that I have correct one. Any idea what could happened? All that happened when I restart computer.

best ragards

Did you exit your wallet before you restarted the computer?

[SuperClam]

Would be nice to get clams on another exchange, looks like it needs more votes here

Careful. The CLAMS listed on that page isn't the CLAMs that this thread is about.

Will the real CLAM please stand up (and give me a lottery block)!!!

Sorry, very rarely use the delete function; but that link pertains to a crypto that launched after us but neglected to bother checking for the name being in use.

Given the importance of security when it comes to proof-of-chain and the Real CLAMS, I have quoted the posts and removed the link.

Sorry!

[dooglus]

Would be nice to get clams on another exchange, looks like it needs more votes here

Careful. The CLAMS listed on that page isn't the CLAMs that this thread is about.

Will the real CLAM please stand up (and give me a lottery block)!!!

Sorry, very rarely use the delete function; but that link pertains to a crypto that launched after us but neglected to bother checking for the name being in use.

Given the importance of security when it comes to proof-of-chain and the Real CLAMS, I have quoted the posts and removed the link.

Sorry!

I edited my quote of the post and broke the links.

[SuperClam]

Would be nice to get clams on another exchange, looks like it needs more votes here

Careful. The CLAMS listed on that page isn't the CLAMs that this thread is about.

Will the real CLAM please stand up (and give me a lottery block)!!!

Sorry, very rarely use the delete function; but that link pertains to a crypto that launched after us but neglected to bother checking for the name being in use.
Given the importance of security when it comes to proof-of-chain and the Real CLAMS, I have quoted the posts and removed the link.
Sorry!

I edited my quote of the post and broke the links.

Sorry dooglus, already got over-zealous with the hatchet and I don't think they can be un-deleted 

[madmartyk]

Would be nice to get clams on another exchange, looks like it needs more votes here

Careful. The CLAMS listed on that page isn't the CLAMs that this thread is about.

Will the real CLAM please stand up (and give me a lottery block)!!!

Sorry, very rarely use the delete function; but that link pertains to a crypto that launched after us but neglected to bother checking for the name being in use.

Given the importance of security when it comes to proof-of-chain and the Real CLAMS, I have quoted the posts and removed the link.

Sorry!

I edited my quote of the post and broke the links.

Everytime I see the "deleted post" PM, I think "Oh crap, what did I do now?"  lol

[dooglus]

Is there a fork at the moment?

I'm seeing very low difficulty, and I'm mining all the blocks.

Edit: the fork happened at block 142000 exactly for me.

Do I need to update my client?

Edit2: never mind, I'm an idiot. I'll be back on the real chain soon...  

Edit3: REORGANIZE: Disconnect 1056 blocks; 08aab3020ad81ebb1fb5..34c38e420776aefde1f5
REORGANIZE: Connect 303 blocks; 08aab3020ad81ebb1fb5..603824a9c6a8903ce357

Edit4: kind of a shame because I hit two massive lottery blocks last night. Turns out it was because I was the only one mining on my own fork of the chain...

[SuperClam]

Is there a fork at the moment?
I'm seeing very low difficulty, and I'm mining all the blocks.
Edit: the fork happened at block 142000 exactly for me.
Do I need to update my client?
Edit2: never mind, I'm an idiot. I'll be back on the real chain soon...  
Edit3: REORGANIZE: Disconnect 1056 blocks; 08aab3020ad81ebb1fb5..34c38e420776aefde1f5
REORGANIZE: Connect 303 blocks; 08aab3020ad81ebb1fb5..603824a9c6a8903ce357

Oh dear... and here I was worried the dooglus had lost faith in the Great CLAM   

[dooglus]

Oh dear... and here I was worried the dooglus had lost faith in the Great CLAM   

Did you miss me?

I mean, did you even notice I was gone?

[madmartyk]

Oh dear... and here I was worried the dooglus had lost faith in the Great CLAM   

Did you miss me?

I mean, did you even notice I was gone?

I was wondering!!  Didn't see I won 32,501 Lotto blocks this week!!    I didn't know you could solo CLAM?

[SuperClam]

Oh dear... and here I was worried the dooglus had lost faith in the Great CLAM   

Did you miss me?
I mean, did you even notice I was gone?

Well... difficulty has been a 'bit' easier 

[dooglus]

I didn't know you could solo CLAM?

I made a bugfix months ago to stop pairs of outputs staking together. It was never accepted into the CLAM client (it would have required a hardfork). I left the code in my client, but set it not to kick in until so far into the future that it wouldn't matter (ie. block 142000)...

So about 18 hours ago my client started mining on an altcoin fork which nobody but me was using. I wasn't solo-mining CLAM, I was solo-mining DOOGCLAM (or whatever I would have called it if I hadn't killed it as soon as I realised what I was doing).

Edit: so I have 800 DOOGCLAM going cheap...



Don't worry about the question mark to the left. That just means they're mysterious, and are worth twice whatever you paid for them.

[thefix]

Would be nice to get clams on another exchange, looks like it needs more votes here

Careful. The CLAMS listed on that page isn't the CLAMs that this thread is about.

Will the real CLAM please stand up (and give me a lottery block)!!!

Sorry, very rarely use the delete function; but that link pertains to a crypto that launched after us but neglected to bother checking for the name being in use.

Given the importance of security when it comes to proof-of-chain and the Real CLAMS, I have quoted the posts and removed the link.

Sorry!

Nice catch, I didn't realize it was fake clams!

[SuperClam]

Nice catch, I didn't realize it was fake clams!

Only the second time we have exercised the moderation function.

Nothing personal 

We appreciate your choice to get involved here in the thread; hope you stick around!

[thefix]

Nice catch, I didn't realize it was fake clams!

Only the second time we have exercised the moderation function.

Nothing personal 

We appreciate your choice to get involved here in the thread; hope you stick around!

Thank you for the welcome to the community!

No offense taken about moderating my post, I just saw clams and assumed it was the same thing.

Mistake on my part for not checking it out more.

I have been stacking clams slowly on a windows and linux box for a few months now. I am years away from catching up to the amount of clams certain community members have.

I think the launch and even the mining option where both great ideas, although I would have integrated some kind of lottery function into the mining of the coin as well.

Having a lottery type component of clam mining would have really made it unique.

Thanks again for the welcome and I look forward to more interaction with this awesome Clam community!

[almightyruler]

Phew, someone did a big sell off of CLAM today. Huge spread right now - hopefully new buy orders will appear to replace those triggered by the dump, rather than the sell orders marching downwards to match.

Did the clamshell work or has that died off with the pool?

[Cryptosis]

Phew, someone did a big sell off of CLAM today. Huge spread right now - hopefully new buy orders will appear to replace those triggered by the dump, rather than the sell orders marching downwards to match.

Did the clamshell work or has that died off with the pool?

Hey guys I'm new to Clams n have been a silent reader of this thread for sometime but I'm still not sure how to even get clams or how the lottery works. I didn't have a btc address when clams launched so I don't have any if the giveaway clams. I guess I'm asking how I go about getting clams, can it still be mined or can u only but through an exchange and if so what exchanges list Clams. Thanks guys

[dooglus]

Hey guys I'm new to Clams n have been a silent reader of this thread for sometime but I'm still not sure how to even get clams or how the lottery works. I didn't have a btc address when clams launched so I don't have any if the giveaway clams. I guess I'm asking how I go about getting clams, can it still be mined or can u only but through an exchange and if so what exchanges list Clams. Thanks guys

CLAMS is a proof of stake coin. You "mine" it by just leaving your wallet program running, but you have to have some CLAMS for that to work.

All the initial CLAMS were given out to existing BTC, LTC, and DOGE holders earlier this year. There won't be any more CLAMS made now other than from proof of stake.

The lottery aspect works as follows:

You leave your wallet open, with CLAMS in it. Every second you have a tiny chance of creating the next block. Your chance is proportional to how many CLAMS you have and how old they are. When you create the block you get a reward. The reward is random, but almost always 0.1 CLAM. It can be anywhere between 0.1 CLAM and 1000 CLAM, with smaller numbers being much more common than bigger ones.

So usually you will get 0.1 CLAM each time you make a block, but occasionally you'll get several hundred CLAM.

As far as I know CLAM is only listed on https://www.poloniex.com/ where you can get around 2000 per BTC last I looked.