Devcoin is not functional now and hasn't been for awhile. Apart from the technical issues surrounding devtome, the inability to add new recipients to the receiver files has made devcoin dysfunctional. How can new bounties ever be paid out if a person can't be added to the receiver files? Not only is devcoin unable to get anyone to do any bounty work because of this, but devtome suffers the same fate, not being able to attract new writers. Additionally devtome has become a secondary failure due to technical faults blocking many (of the few) writers from earning any coin. At this point there might be 1 or 2 writers still going forwards and earning all 180,000,000 devcoins per month.
Come on guys, this is not a functioning ecosystem. It is a closed ecosystem with only a few earning coins, either for non existent admin duties with maybe 1 or 2 earning the majority of coins each round. The concept of devcoin, a currency that anyone can earn, anywhere in the world, has failed. How do you reform a system where no new recipients can be added? Can't do it.
The last paragraph at
http://www.devtome.com/doku.php?id=devcoin reads;
"The primary concern is that in the long term, most organizations become corrupt, regardless of the intentions of the founders. The single best defense against the corruption of an organization is competition. Devcoin would be the first currency to give part of its generation to developers. However, developers are welcome to fork it in turn, and create say a reformcoin, that also gives generation to developers, but starts with another set of founders. If the reformcoin is less corrupt than devcoin, people will sell the devcoin and buy reformcoins. Even if most people remain with devcoin, just the possibility that people could move to reformcoin would tend to rein in the corruption of the devcoin...."
Unthinkingbit considered that forking may be necessary, and to continue with his vision, which is why we all are here, this option should be considered. I don't like to be proposing this but I dislike how the system has broken down more.
The potential for a currency that anyone can earn is still extremely good. A few ideas would be to have a better platform (wordpress or similar) that writers use. And why not make it so that readers get paid a small amount to vote for their fave writers, and the top voted ones would receive more pay, and ones down the rank get considerably lower pay. This would bring in traffic and bring the cream to the top.
Please consider the forking, as continuing down this path is not working ATM.
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