Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
Bitcoiner2015
on 13/12/2015, 08:32:15 UTC
Petition Id: e2ef93da
Link: http://txti.es/e2ef93da
Transaction: 5c24c6f636f0ed3a8b0ea792cd65218b2e2f218d52b7a425b42983cbb6023a33

Postpone digging into the future

- At the exact moment of time will be possible to dig only fraction of initial distribution
- All address from the initial distribution is possible to dig, but only in specific time-frame.

- It lowers amount of clam entering the market.
- No one will be harm, everybody will be able to claim their Clams, they should only have to wait.

I.e.
Allow digging only for 1/X undug addresses:  
Code:
Example for X=20  

year 2016 allows to dig only addresses where sha256(ADDRESS)%20 == 16  
year 2017 allows to dig only addresses where sha256(ADDRESS)%20 == 17  
year 2018 allows to dig only addresses where sha256(ADDRESS)%20 == 18  

So it takes 20 years to dig them all and then it can start new round.  
In year 2037 everyone had the chance to claim all their Clams.  

Value of X and exact address hashing algorithm is for future discussion. (May be is not necessary to hash it, as the address itself is just number)

Note: Petition hash is made from the raw txti source.

And when your bank sends you a letter like that what will you think?
Your money is still there, but you can't claim it for the next x years because we are worried about inflation...

There was a big digger, the market crashed, now the market is recovering/recovered (market cap higher than earlier except the bubble peak). The coin works, just leave it be. If you had undug addresses you wouldn't be suggesting we postpone or cancel digging, don't screw over other people just because you got yours.