CLAMs are a type of digital currency that can be created, verified, and transferred, only through the network of computers running the CLAMs software. CLAM was created on the top of Bitcoin technology. This network sticks to a stringent protocol to make sure that consensus and verification are maintained at all times.
The innovative payment network makes use of the blockchain and Proof-of-Stake technology. CLAMs is a highly innovate version of the Bitcoin code. The giant, decentralized network of CLAMs is run by people from all over the globe with more people joining the community regularly, making it stringer with time. The combined and growing commuting power makes the CLAMs blockchain stronger and more secure. No middlemen or authority is involved in this process.
CLAMs provide an alternative from the conventional monetary system that we are so used to and which does not support freedom and fairness. You don’t have to worry about taxation and seizure when you transact using CLAM. As the currency exists on its own network, it cannot be subjected to Government rules and regulations. CLAM is also associated with equality as it was distributed evenly to around three million accounts when it was first created and distributed.
The CLAM network is secured through Proof-of-Stake (POS). The CLAM network selects an unlocked client at the rate of once every minute to process recent transactions. It rewards such network one CLAM. The whole exercise runs in the background. You will notice an additional CLAM in your wallet if the network selects your client. The POS system is the core mechanism of the network and plays a key role in providing security and stability to the pricing of CLAM at all times.
If you desire to own CLAM, you cannot buy if on any exchange like most other cryptocurrencies. The best option is to buy from Bitcoin from a reliable exchange and then trade it for CLAM on dedicated exchanges. Make sure you store your CLAM is a safe and secure manner as recommended by the developers. The right way is to download the official wallet such as Ledger Nano S and store it there.
The total supply of CLAMs in the cryptocurrency market today is 16,487,988 and the number of CLAMs in circulation is 2,764,059. The market cap of CLAM is $21,680,477. The coin trades at $7.84.
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