The CLAM network is secured through a unique system called Proof-of-Working-Stake (POWS), or as we like to say, Digging for fresh CLAMs! Approximately once per minute, the network automatically selects one running unlocked client to process recent CLAM transactions, rewarding them 1 CLAM. This process happens entirely in the background. If the network selects your client, then all you’ll notice is that you’re 1 CLAM richer! This POWS system is the heart of the CLAM network, providing security and stabilizing the price over time.
You can earn CLAMs in much the same way that you earn your local fiat currency: create a product or provide a service that the CLAM network users would appreciate.
In addition to the conventional ways you earn CLAM, periodically there may be bounties provided for the development or assistance with the CLAM project.
CLAMS are a form of Digital Money.
CLAM is an innovative payment network and a new digital currency. CLAM uses Proof-of-Stake and blockchain technology; managing transactions and the issuing of CLAM is based on Bitcoin, Litecoin and Dogecoin. Bitcoin was the world’s first cryptocurrency, made possible by a radically new sofware technology called the “blockchain”. This software is open-source; free and available to all who wish to build upon it. Many people have done so, creating thousands of new cryptocurrencies like bitcoin. Most of these new coins are just rebranded copies. A very few, like CLAMS, are highly innovate variations of the original bitcoin code. What all these cryptocurrencies have in common is their beating heart; a blockchain. People like yourself run CLAMS software all over the world, forming one giant decentralized network. Opposite to centralized networks, the more people who join the CLAMS network, the stronger it gets. The combined computing power of the CLAMS network is used to create and maintain the blockchain, where all CLAMS transactions are processed. Unlike banks, there are no middlemen in cryptocurrency. It’s just us and the network, freed from tyranny!