Clams CLAM

CLAMS (using the token ticker CLAM) is the project that was developed with a goal in mind to capitalize the already-existing market of the blockchain users. Its first step into the blockchain stage was a huge airdrop that was distributed among the holders of the Bitcoin, Litecoin and Dogecoin at the time - that was precisely the infrastructure the CLAMS project was building itself into. Even though the comparisons to the Bitcoin are unavoidable, the CLAMS is proud about solving probably the most pertinent issue in the Bitcoin’s lifecycle - the fact that its consensus algorithm cannot support the scaling of the chain for a very long time. Solving this issue, CLAMS created a Proof-of-Chain consensus algorithm, which is a type of proof that was developed as the next logical step to Proof-of-Stake. The way it works is this: once a minute, one randomly running CLAMS’ client is chosen to verify all of the pending transactions, and receives a single CLAM for his work. This promotes the idea of people using CLAMS client and grows the chain as a whole.

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