Quote from: AdamWhite on March 04, 2015, 01:13:27 PM

Quote from: BayAreaCoins on March 04, 2015, 01:08:15 PM

Quote from: AdamWhite on March 04, 2015, 01:03:21 PM

Quote from: Abbott_Car on March 04, 2015, 12:55:26 PM

Are fees necessary for clam? If staking is same and not ending over the time ?

Staking is 1 coin per block, 1440 coins per day. Forever! No block halvings or other nonsense.

This can change though.

I imagine the block reward will be reduced in the next 2 years or so.

Why's that?

One of the things that sold me on CLAM was the linear distribution curve

I wouldn't get to nervous about this. That's one Man's opinion, note the use of the word "imagine".

   To keep a POS coin network alive you need to have lot's of nodes moving the block chain along. The people running the nodes need to be compensated for there time and resources. At present, the transaction fees are increasing, but don't amount to much. In the last 6 stakes I've made .0014 from the fees. hardly enough incentive to keep a node running.

  BTC generates a 25 coin per block reward for the miners. They try to average 6 blocks per hour. So that's 150 BTC per hour Vs. Clams 60 clams per hour. And the CLAMS block chain is 10X faster then BTC. When BTC halves the block reward to 12.5 they will still be generating more coins then CLAMS, and the blockchian will still be 10X slower.

   There may come a day when the volume of Clam transactions, and thus the transaction fee's, are high enough to sustain a network. If or when that will happen is anyone's guess...

   That's just my opinion.