Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
BayAreaCoins
on 16/05/2016, 18:03:44 UTC
OK, I see what he's saying: stopping the lottery reduced the reward from 1000 CLAMs to 1 CLAM per block, so that means the lottery system was like a pre-mine.

The lottery was rigged though... which would be a fairly sneaky way of "premining".

Rat4 (the Blackcoin creator/what clam is forked from) allegedly did it.  

He had around 30% of all the Clamcoins in existence at that point as I recall... or more.