Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
smooth
on 18/01/2016, 23:50:20 UTC
Funny thing about Poisson Processes: Every day you don't stake, you still have 100,000 days to go.

Here's a fun thing:

Pick a random point in time, then:

A) the average amount of time from that point to the next CLAM block is 1 minute
B) the average amount of time from that point to the previous CLAM block is also 1 minute
C) the average time between CLAM blocks is also 1 minute

Wouldn't you expect A + B = C? Yet A, B, and C are all 1 minute.

I'm certain A) is correct, but not so sure about B). Isn't the previous block already fixed in time?

It is absurd that a random point in time would not have equal expected time difference with the previous and next blocks. How could that possibly happen?  You could replay the blocks in reverse sequence, right?