Devcoin - page 133. | Bitcointalksearch.org

pyra-proxy

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Quote from: jasinlee on November 09, 2012, 03:04:08 AM

What is the time table on the difficulty rising on the devcoins, it seems like the current rate is going to continue to deflate their value unless production is slowed?

This is not important for devcoin value... all that is important is for devcoin to find it's market, of course I think this could be sped along with say doing away with an antiquated block chain bloat system (which is one unfortunate carry over from bitcoin) in favor of a new system that is more resource friendly and more scalable.... if devcoin were to have that implemented in a way that preserved it's merge mine capabilities it would probably be the best *coin system for say microtransactions at it's 1000 to 1 generation ratio.

The price of devcoin has been trending positively because there has been some recent healthy growth in the economy of devcoin, it's certainly a *coin that speculators should keep an eye on but failing an utter collapse of bitcoin I would never expect 1 to 1 price ratios, the more hopeful ratio we will get back to is 1000 to 1 so there is a lot of room to speculate on Wink

jasinlee

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Its as easy as 0, 1, 1, 2, 3

What is the time table on the difficulty rising on the devcoins, it seems like the current rate is going to continue to deflate their value unless production is slowed?

Unthinkingbit

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Quote from: jasinlee on November 09, 2012, 01:00:35 AM

There has been speculation about the amount of devcoin available in CIRCULATION, I theorized 20% as the majority are held for projects and bounties and other items. Does anyone have an accurate number so I can answer these questions others keep asking. I think this may impact dvc price on the exchanges as people seem to think there are a couple billion floating around, when in reality I feel its closer to 50million in circulation?

Every devcoin made is in someone's wallet. At the time of this writing, there are 65,053 blocks, times 50,000 devcoins/block gives 3,252,650,000 devcoins.

Every round, roughly a month long, 200,000,000 devcoins are generated. Ten percent of generation goes to miners. Of the remaining 90%, I estimate 30% went to active developers, 30% to bounties, and 30% to devtome writers. Assuming, very roughly, that miners sell half their coins, and developers sell one sixth of their coins, that means 10% / 2 + 90% / 6 = 20% coins are sold, 200,000,000 devcoins/round * 20% = 40,000,000 devcoins sold per round.

Quote from: doublec on November 09, 2012, 01:23:22 AM

A large number go towards the open source developers don't they? I suspect many receiving them don't even know, or have forgotten, they are getting them.

Yes, some of the developers on the bitcoin share list, especially those who were there since the beginning, probably don't even know they have devcoins.

doublec

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Quote from: jasinlee on November 09, 2012, 01:00:35 AM

There has been speculation about the amount of devcoin available in CIRCULATION, I theorized 20% as the majority are held for projects and bounties and other items. Does anyone have an accurate number so I can answer these questions others keep asking. I think this may impact dvc price on the exchanges as people seem to think there are a couple billion floating around, when in reality I feel its closer to 50million in circulation?

A large number go towards the open source developers don't they? I suspect many receiving them don't even know, or have forgotten, they are getting them.

jasinlee

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Activity: 742

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Its as easy as 0, 1, 1, 2, 3

There has been speculation about the amount of devcoin available in CIRCULATION, I theorized 20% as the majority are held for projects and bounties and other items. Does anyone have an accurate number so I can answer these questions others keep asking. I think this may impact dvc price on the exchanges as people seem to think there are a couple billion floating around, when in reality I feel its closer to 50million in circulation?

Unthinkingbit

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The round 17 devtome word earnings are pasted below and at:
https://raw.github.com/Unthinkingbit/charity/master/devtome_bounty_17.csv

121Pb2BBrU7C61vBdWCKVuFFmaEZr6xFAX-Knotwork,7-Word Count(http://devtome.org/wiki/index.php?title=User:Knotwork&action=edit)
17vec4jQGCzMEsTnivizHPaowE715tu2CB-Unthinkingbit,10-Word Count(http://devtome.org/wiki/index.php?title=User:Unthinkingbit&action=edit)

They are generated by tomecount.py:
https://raw.github.com/Unthinkingbit/charity/master/tomecount.py

The word counts for each writer are at:
https://raw.github.com/Unthinkingbit/charity/master/tomecount.csv

The word earnings were generated on 2012-11-08, and the total word counts follow below.

Collated Word Count: 53,721
Collated Weighted Word Count: 16,116
Images: 8
Original Word Count: 118,418
Total Word Count: 172,139
Total Weighted Word Count: 134,614

From statistics:
http://devtome.org/wiki/index.php?title=Special:Statistics

Views total: 73,603
Content pages: 120

Unthinkingbit

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Jedi95, Simplecoin or Vinced have stopped developing. Btc_artist is no longer mirroring devtome. So they've all been dropped until they start doing stuff again.

Icoin

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Quote

I suggest a two generation share award for this.

Thank you Unthinkingbit.

250 000 000 DVC buy request: https://bitcointalksearch.org/topic/anyone-want-to-sell-250-million-devcoin-122452

Unthinkingbit

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Quote from: Icoin on November 04, 2012, 07:26:57 PM

Devcoin symbol and sign proposal:
..

Hi Icoin,

Thanks for the symbol and logo.

I suggest a two generation share award for this. Also, I suggest a bounty of 3/5 of a share for the next five devcoin symbols. Also 3/5 of a share for the next five devcoin logos, 2/5 for the next five logos and 1/5 for the last five logos. The bounty would not be awarded if a symbol or logo is too similar to a previous image, including the current logo at devtome:
http://devtome.org/wiki/skins/devcoinlogo1.png

Are there any objections?

Edit: Nine logos have been made:
https://bitcointalksearch.org/topic/m.1436630
https://bitcointalksearch.org/topic/m.1631723
https://bitcointalksearch.org/topic/m.1646040
https://bitcointalksearch.org/topic/m.1802955
https://bitcointalksearch.org/topic/m.1872397
https://bitcointalksearch.org/topic/m.2127742
https://bitcointalksearch.org/topic/m.2248232
https://bitcointalksearch.org/topic/m.2251061
https://bitcointalksearch.org/topic/m.2258878

One 2/5 of a share award remains.

markm

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Ahhh, https://bitcointalksearch.org/topic/m.889087

Thanks for the link.

Well I suppose if backups are hoped not to have to be used maybe an IP is okay but I do suggest we not put IP addresses in the real files.

Since DeVCoin addresses are identical to BiTCoin addresses, that Drupal module should be trivially easy to modify since all that should need to change is the port number to connect to and the name of the currency.

The port number possibly would already be configurable in whatever kind of admin config system it uses, so maybe the name of the currency should also be configurable then it should work for any altcoin that has the RPC calls that it uses.

-MarkM-

Icoin

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Devcoin symbol and sign proposal:

http://glari.ch:3000/attachments/download/27/DS.svg

http://glari.ch:3000/attachments/download/28/DSv1.svg

Unthinkingbit

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The backup files are not used in the receiver tree, no devcoin clients look at them. Their only purpose is to demonstrate that someone can become a file administrator if an administrator leaves. If we asked for another file administrator, someone could promise to upload files quickly and reliably. However, some people who were enthusiastic about devcoin lost interest and the only way to know that someone will keep uploading files is for them to actually do it for a long time.

A file administrator gets 2/5 of a generation share. Since these backup files are not used, this task only gets 1/5 of a generation share. It's unlikely that current or future file administrators will suddenly drop out without a replacement being ready, but it could happen and this is cheap insurance.

Icoin

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Quote from: Unthinkingbit on May 08, 2012, 06:37:48 PM

Yes, all other currencies are unthethical! Bwahahaha! Smiley

Doesnt look very adult, serious or responsible, to me.
I realy hope i was able express my constructive criticism in a way you understand.

markm

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I still do not understand what we are intended to do with that IP address. Is it intended that it be recorded somewhere? Is it intended that it will have DNS mapped to it and it will be kept online 24/7 pretty mcuh "forever" as one of the places (of which an odd number are needed because a majority must always be able to be computed) that will be listed in the devcoin system's files as a go-to place to check for consensus about the contents of the receiver files? Is it going to also have downloads of the actual software?

I just do not understand what it is supposed to be.

-MarkM-

pyra-proxy

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Quote from: markm on November 03, 2012, 08:30:38 PM

I still do not understand the puroose.

If it is to serve as a receiver file repository it should have a DNS name, putting IP addresses into the files that people will be using for years to come to look up the historical repositories of receiver files is not a good idea.

Even putting a host that was on DNS turned out badly because the guy flew by night within I think less than even a single year.

If it is not intended to serve as one of the repositories the clients consult to reach a consensus as to who receives how many shares of which blocks, then I do not understand why we even need to know about it. Huh

-MarkM-

Markm I think icoin makes a good point that you should think about toning down the level of constructive criticism, its OK to question things but you've been a little harsh about it. I felt similar about the interactions we've had as well. I know you mean well but just asking that you take a little less stand off ish approach to it. DVC is still a fledgling community that is starting to see some positive activity but as icoin accurately points out if this is the reaction that new developments always get then it will discourage continued work and possible worse still slow more newcomers from adding even more into the ecosystem of DVC.

markm

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I still do not understand the puroose.

If it is to serve as a receiver file repository it should have a DNS name, putting IP addresses into the files that people will be using for years to come to look up the historical repositories of receiver files is not a good idea.

Even putting a host that was on DNS turned out badly because the guy flew by night within I think less than even a single year.

If it is not intended to serve as one of the repositories the clients consult to reach a consensus as to who receives how many shares of which blocks, then I do not understand why we even need to know about it. Huh

-MarkM-

Icoin

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Quote

I see you have receiver files there, the last thing we need is another fly by night receiver-file "server", people still keep having problems because we already had one of those way back when...

Is good that you can see, otherwise you couldnt look through the thread.

This is the second time you offend me realy unmodest. When You are in the core team and think you have to contiune with this, i realy start to doubt that the Devcoin Team is something i should work with. Or you simply dont understand what it means to produce results and just do what you can to jeopardize this project?

There is a certain reason why i use a IP instead of a DNS.
Concerning the Server i give you a hint, cause it seems to hard for you to follow this thread:
https://github.com/Unthinkingbit/charity/blob/master/bounty_17.csv

markm

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Quote from: Icoin on November 02, 2012, 07:58:28 PM

Devcoin Backup Server IP changed: please use http://92.105.105.155/devcoin/

IP? Have you heard of DNS? What are we supposed to do with that IP number?

The whole point of DNS is so the number can be changed and everything still "just works".

If it changes often then dynamic DNS comes into play.

What is this so called "server" supposed to be, anyway?

I see you have receiver files there, the last thing we need is another fly by night receiver-file "server", people still keep having problems because we already had one of those way back when...

-MarkM-

Icoin

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Devcoin Backup Server IP changed: please use http://92.105.105.155/devcoin/

Unthinkingbit

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Thanks for putting devcoin on the Raspberry Pi. The RPI address will get 4 generation shares in round 17:
https://bitcointalksearch.org/topic/m.1271093

The next person who puts devcoin on the Raspberry Pi will get the remaining 2 share award.

Topic: Devcoin - page 133. (Read 412952 times)