Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
Trent Russell
on 18/01/2016, 15:37:58 UTC
so I just need 0.01 CLAM for example and I'm good to go? or are my chances increased to process a block the larger my stash?

Your chance of staking per unit time is proportional to the size of your stash, yes.

If you have 1000 CLAMs you will stake 1 CLAM about once per day on average.

If you have 0.01 CLAMs you will stake 1 CLAM about every 100,000 days (or 274 years) on average although you might get lucky and stake on your first day of trying.

i only got 99,987 days to go!

Funny thing about Poisson Processes: Every day you don't stake, you still have 100,000 days to go.