Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake

So to effectively stake I should invest my CLAMs at Just-Dice? Is there any real downside to that?
I had thought they would constantly stake, but I only have my computer on for a few hours a day, so guess it isn't going to be worth it in the clam wallet.

I updated to the new wallet and now it says I should stake in 1 day! A big difference!

If you invest at Just-dice you will make more money, but you will be contributing to CLAM being centralized.

I have read what was written above your post but i still dont get it. Why do you earn more staking on just-dice? As far as i know clams are spread proportionally to the amount of clams on an address. So if you have many you will get stakes more often.

On JD- you have a -10% fee. And some plus because of gamblers money whose stakes are added to investors.

But besides that it sounds to me like its only like poolmining. Stakes happen more often. There is no difficulty that would make you want to get staked faster too.

So at the end it should average out if you stake on jd or in your own wallet.

Then why do you earn more on jd?

JD orphans blocks of those who don't stake with it due to how many coins are staking there.

House edge as addition income on top of the stakes. (this varies... if you invested 2 weeks ago you'd disagree)

Say someone only has 10 CLAMS... well staking on their own is a up hill battle with time + orphans and by going just with the Just-dice centralization they get instant returns. Otherwise they may wait a year and never hit a block sucessfully (or maybe they hit one right away... the very base of these cryptocoins is gambling through mining/staking.)

I disagree... i invested shortly before the drop. Tongue

So let away the -10% fee, the clams from the gamblers that stake for the investors on top and the potential profit Tongue

from gambling, you say there is an additional income from "JD orphans blocks of those who dont stake with it?" Do you refer to clams that arent in a wallet that is online? I heard those clams dont stake because they dont take part in the network. I did not find info about what orphaned blocks mean for clams. In bitcoin it means a block that is found but another block won. But clams are propagated differently. Does orphan mean that a clam address that isnt online gets theoretically a block but jd finds one a bit later and wins the dispute instantly because of centralization? Wouldnt the solution simply be to make sure to be connected to jd and send the block there as fast as possible?

So there is the variance of you staking alone, you might find a block early or later, but overall it should be the same like a big address. It would average out over time.

So the advantages of jd are:

- wins every dispute because instant confirmation of own found blocks.
- is always online so it stakes automatically
- gamblers clams stake too. Though dooglus wrote in chat thats not much.

Disadvantages:

- -10% fee

Im not sure but shouldnt the -10% fee already eat up all the advantages when you could stay online all the time too? I doubt orphaned blocks are so many, at least propagating shouldnt happen so fast that jd finds a block more earlier. I now realize that it cant work that way. Staking isnt done by calculating hashes to find a block. So how does orphans happen then?