Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
Jbanna
on 11/12/2015, 01:04:04 UTC
clam was fun but with all those private adresses out there ahaving had btc, that is way too many CLAMs influx on the market if, ever, it happens that the coins gets some notoriety.
Not sustainable if broader audience gets into it.
This is precisely why there is a petition to end digging. It was a beautiful addition to a unique coin that initially allowed for a large user base and community. Now, however, with stable innovative development and services, there is simply no need for it.

Furthermore, allowing digging is a huge security issue.
Imagine someone like Ross Ulbricht took their private key stash and redeemed their clams? Well that could very well be 400,000 priv keys... and this would be over 1.8 million clams. That right there is the possibility for a 51%+ attack.

Digging needs to end for the security of clams and for the sake of everyone's investment. http://txti.es/5afa074c.

Clam could very well climb to the levels we saw previously in August (over 0.01/BTC). With the decreased supply influx in the market this reality becomes more probable.