Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
AgentofCoin
on 01/12/2015, 00:45:46 UTC
Question as to changing the Clam protocol (or whatever) to prevent future Whale Diggers.
Forgive me if this has been presented before, but there are many pages in this thread now, but:
Has anyone proposed, a new coin being created from burning your Clam coins?
What I am proposing is a secondary coin (like dogeparty), where we burn our clams now, and lock in that total clam cap,
by a certain date. Anyone who wants these non-dig-able Clams after that date, can no longer burn their clams for conversion.
These "cooked" clams would still have staking and etc, but are not diggable and forever fixed, except for the staking.
This allows current Clam Coin to not change its protocol, which is a violation of the social contact,
and would also allow current Clam holders not to lose value with potential whale diggers.
We could call them "Cooked Clams".

I speak for only myself, but I have no desire to splinter the CLAM community.

This doesn't, of course, change the fact that any party could choose to fork CLAM and create such a network.

Just to clarify, I have no desire to splinter the community either.
I would have thought this idea would have been seen as a less drastic move, then the current voting mechanism based on holdings.
If a vote is made and agreed to changing the protocol,
I assume the damage would be much greater than what "Cooked Clams" would do.

In regards to forking Clam to do this, people would only support this if it was by the Clam Team.
I was only suggestion it as an alternative to a change to the protocol.