Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
andulolika
on 13/11/2015, 08:10:44 UTC
I am trying to follow the discussion. Some opinions that I have (disclaimers: I own clams held in JD):

- Are CLAM holders concerned about the whale digger? I think they shouldn't. It's not a surprising fact that a whale digger arrived and the staking of clams is proceeding quite quickly, at least at the same rate as the whale is digging (even though nobody know why).

-  Are CLAM holders concerned about the "low" price? I hope nobody here really thinks to be able to modify the price (like 'pumping' it) with some smart decision about the CLAM protocol, the market will always self-correct and these kind of bubbles are common to any cryptocoin anyway.

- Are CLAM holders concerned about future diggings? Since the rate of staking new coins is quite high, in two or three years new dug wallets *should* be irrelevant to the overall economy.

I personally think that currently we have another more important problem: staking is going very fast (we already have more staked coins than dug ones) and it seems to push owners to hoard CLAMS and hold them indefinitely.
i think that is good with the staking this way, it will be too little if the whole supply was dug so we can now have like a gold fever of staking. So in the future things will change and most of the profit (on jd) will be again by investing not by staking.