Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
jaysabi
on 29/11/2015, 23:46:23 UTC
The CLAMour voting system looks interesting. Good work!

About the current/future whale diggers, one possibility I haven't heard mentioned would be very simple and would dilute the initial distribution: increase the reward. There's at least a precedent for changing the reward system in Clams.

Maybe I'll make a CLAMour petition to increase the reward from 1 clam per block to, oh, say, 100 clams per block. This would increase the supply by about a million clams a week. Before long the initial distribution would be a relatively small percent of the total supply.

This would likely be terrible for the price. It might push us below 0.001. (<- That's intended as dark humour. I have looked at the price today.)

The problem isn't the ratio of initial distribution to total float, it's inflation as a whole. The whale digger only accelerated a problem that is inherent to CLAM. Creating faster inflation to make whale digger inflation smaller by comparison doesn't solve any problems.