Quote from: SuperClam on May 05, 2015, 11:19:33 PM

Quote from: tspacepilot on May 05, 2015, 09:33:15 PM

Quote from: xploited on May 05, 2015, 09:30:37 PM

Quote from: tspacepilot on May 05, 2015, 08:04:54 PM

Quote from: db2 on May 05, 2015, 08:02:20 PM

Quote from: tspacepilot on May 05, 2015, 07:54:30 PM

These are cute names (actually I don't understand how a "chain" is clammy)

www.youtube.com/watch?v=giVMOdMTUNM
lol don't kill me

I guess I appreciate the effort, but I'm in a library with no headphones so videos aren't going to cut it

Let me know if there's a succinct-textual answer somewhere. FWIW, I can try to watch videos later on at home.
Here's a slightly off-topic rant: do you guys ever get annoyed when you're looking for some simple answer to a question and the only thing you can find are videos that you know are going to have a rambly introduction and no way to search on the page for exactly what you're looking for (because it isn't a page!) etc? Ok, end of my rant!

Proof-of-Pearl was a cute name for our lottery which was removed long ago. It was basically just random block rewards aka superblocks or whatever you'd like to call it but it didn't work out well.
Proof-of-Chain is in reference to how clams were originally distributed, sending out to all the btc / ltc and doge addresses that had a balance last may.
Hope that helps

Yup, that answers it, thanks!

A good catch.
The OP post title has been updated to reflect the lack of "Proof-Of-Pearl".
Not sure how that wasn't noticed sooner - like, 9 months ago sooner Cry

In response to your questions:

Proof-Of-Chain, as xploited correctly mentioned, refers to the method of the initial distribution of the CLAM money supply.
Every single BTC, LTC and DOGE address that held a balance above dust around May, 14th (2014) received an equal share of the initial money supply. Essentially, the entire initial money supply was given away to BTC, LTC and DOGE holders.

Proof-Of-Working-Stake refers to the CLAM's unique implementation of Proof-Of-Stake. Proof-Of-Stake conventionally provides reward to staking users in proportion to the age of the coins they stake with. This results in what essentially operates like "interest". It also, however, removes the incentive for users to stake consistently and secure the network. There is no incentive to stake now, as opposed to later, if the reward for doing so will simply accrue until that user chooses to stake and claim it. In CLAM, the reward for staking is a static 1 CLAM per staked block. This reward, much like proof-of-work, likely aligns incentives to stake with the benefit to the network of persistent competition for blocks. In addition, as dooglus mentioned, the CLAM network does not provide a benefit to users based on the age of a given pile of coins (output). This suggests that a CLAM on the network is more akin to a Proof-Of-Work miner. A CLAM represents something somewhat similar to a unit of hashing power in a Proof-Of-Work network. If you do not stake (turn on your miner), you do not have the opportunity to be rewarded for securing the network.

I hope that was helpful Grin

So by letting my computer hibernate I'm losing out now because I want to reduce heat/electric in the spring/summer/fall? Or am I accruing time on my coins every time my computer is awake, and it will eventually stake if I hibernate once or twice daily?

If I'm losing out, has anyone got the clamcoin daemon running on a mips router with Linux 2.6.22.19? The router stays on and it should be fine for a daemon, but sometimes packages needed are a royal pain.