Re: [ANN][CLAM] CLAMS, Proof-Of-Chain, Proof-Of-Pearl, @Poloniex.com
even without the lottery win with ~500 stakes a day thats 50 clams a day, awesome
im currently only at 1 stake a day and still waiting for that lottery so i can increase my daily number of stakes
That's the downside with this form of PoS... your chance of winning grows exponentially as you stake and your balance grows, thus giving you more staking power. The more you win, the more you CAN win. im currently only at 1 stake a day and still waiting for that lottery so i can increase my daily number of stakes
I don't agree, entirely.
Do more CLAMS == more stakes? Yes, same as plain-ole' Proof-Of-Stake.
The primary difference, imho, is that with Proof-Of-Pearl this effect is less significant than with conventional Proof-Of-Stake.
With conventional proof-of-stake, not only does more more coins = more stakes (and additional compound interest); but the amount of the reward itself is based on the size of the pile.
At least with proof-of-pearl the reward per block is not greater for those with more coins.
Regardless, fairness is a primary concept for CLAMS.
C. L. A(equitas). M.
There are some great ideas being bandied about to level the playing field even more-so, while still preserving what is justifiably a greater return for a greater investment.
More importantly, we are always listening to ideas; stop by #clams @ irc
