Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
dooglus
on 19/12/2015, 19:28:56 UTC
Do you have numbers on total unique votes?

I would also expect whoever has large numbers of stored keys (maybe the original developer(s)?) to come out of the woodworks and start to dig/dump. The next few weeks will be very revealing. I would love to believe in the honest nature of those who concocted this system of distribution under a cloak of "fairness" but I'd be fetching for straws.

When is the voted on petitions expected to be acted on?

Thanks for the update and fix Doog.

I found and fixed a bug in my petition support counting code this morning. It was skipping some votes when it counted.

So for the last week Just-Dice mostly hadn't been voting, and when it was, the vote counting code was skipping some of them.

Both are fixed now, but we need to wait a week to get a good representative sample of the votes.

I can do something like this to show the support count over the last 500 blocks of all the petitions with more than 5% support:

Quote
$ clamd getsupport 5 500
{
  "threshold" : 5,
  "window" : 500,
  "endblock" : 779942,
  "startblock" : 779443,
  "support" : {
    "5afa074c" : 170,
    "694c26a6" : 26,
    "7a69a853" : 75,
    "ea06c089" : 74,
    "ff839af9" : 111
  }
}

That shows that 5afa (stop digging) has 170/500 or 34% support.

As I understand it, the voting runs forever and is intended to give everyone feedback of what the stakeholders support. So we see currently 34% of the stake weight is voting to end digging, and 66% of it isn't.

5afa074c has the support of 39.08% of the Just-Dice bankroll, but JD isn't 100% of the staking weight.

As for the developers claiming their massive premines, don't you think they would have done that already if they had a massive premine to claim? If I was a developer with thousands of CLAMs to dig up and I saw the price of CLAM sliding from 0.01 BTC to 0.001 BTC over a 3 month period I'm pretty sure I would have dug them up at that point.