Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
smooth
on 12/11/2015, 18:01:43 UTC


Do these people who already own 95% of the CLAMs get a vote, or only the people who have their CLAMs in the JD bankroll?


If you already scam people with DOGE, BTC or LTC you can do that again with CLAM. Something is obviously wrong here. And CLAM is big only because of Just-Dice.com. That's the fact. Just look at the price chart.

All those hacked DOGE web wallets, Bitfunder, BTC web wallets... are next.

I'm mad because I didn't mined BTC in 2009.

It became "big" soon after the fork which ensured their strangle hold on the coin supply.

https://bitcointalk.org/index.php?topic=623147.msg9314100#msg9314100

In other words, they pulled "an eduffield".

I looked back and I don't see anything egregious about that change. In the lottery era the rewards were usually 0.1 per block but occasionally higher. When the change to a flat 1/block was made, the claim from SuperClam was that the average under the lottery was very close to that. I did not mathematically test this claim but roughly speaking it doesn't look incredibly far off to me.

Looking at the staking graph, it seems that other than a bit of increase (still not enormous) due to the exploit, the rate of staking increased after the change.

In short I don't see anything like the situation with another coin you point to where, due to a combination of claimed bugs and specification changes, early participants received rewards 200 times what is being paid out now.

If someone has different information I'm interested in hearing it.