Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"

Quote from: dooglus on January 05, 2021, 06:35:29 PM

Quote from: FiendishOC on January 04, 2021, 01:33:04 PM

Just curious about how often one can generate a coin. Is it still just one coin reward where the staked coins act like raffle tickets? I want to assume that staking a large amount and returning them when I have enough of my own would still take a long time and wouldn't be worth it though. Hopefully clams can make a comeback one day.

Each block you stake is worth 1 CLAM plus transaction fees. Each UTXO takes 500 confirmations to mature after staking which takes about 8 hours. People tend to split their large UTXOs up into multiple smaller ones so they can stake more often than every hours.

Hello,

To help you out, you need to use the coin control features of the wallet to make your smaller blocks for your PoS staking. I made a couple of videos for this very topic. The first is primarily about using the coin control features to clean up up small bits of coin into larger pieces but focuses on the coin control and can be found here https://www.youtube.com/watch?v=fFJf3eURcdk and the other is for blocking, that is making blocks of a good size to attract more stakes and is located here https://www.youtube.com/watch?v=pvrPG0Z_hsY.

Hope this helps!!

Cheers,
Waya