Topic: [DVC]DevCoin - Official Thread - Moderated - page 379. (Read 1059157 times)

In those days a whole lot of posts and threads had been or were going on about how with bitcoin going up in value so much ordinary things people buy like a cup of coffee or whatever was going to end up needing lots of decimal-places, and normal people would be weirded out by that, so bitcoin should move its decimal place, and on and on like that.

So part of the design that Unthinkingbit hired me to help him learn how to implement and help him implement included that the intended coin was to have already moved the decimal place from the get-go, so as to get the whole big argument about whether to move the decimal place and if so how far to move it and so on out of the way right from the initial design.

So basically it was handed down to me "from above" by the client as part of the initial specs of what he wanted.

When bitcoin is $1000 per coin and a cheap cup of coffee costs 0.001 BTC, maybe if we are really lucky, and awesome marketers, and create oodles of businesses that use devcoin, and convince masses of people and shops and so on to adopt it as yet another of the many currencies their payment processor processes for them, that same cup of coffee might cost the much less confusing price of 1 DVC.

(Good luck with that. We'd presumably need our difficulty to catch up with bitcoin's too while we're at it to achieve that, so I guess we need to convince all the bitcoin pools to take up merged mining too...)

(Oh and we keep mining forever, so we'd get an inflation hit that bitcoin doesn't...)

Unthinkingbit did most of the work, he is the developer, he hired me to help him learn/discover how to implement what he wanted and I helped a little in actually coding it in the process of us both discovering how it could be done. He mostly just needed someone more familiar with the bitcoin codebase to help him learn faster how it worked, and we both needed to do some actual experiments to learn what kind of hacks at it we could get away with.

(I think I had already been working on all the game-nation and game-corporation blockchains at the time so was quite familiar with making basic hacks at the code to make clonecoins, though I had been hacking the testnet code to make those so that gamers could use the -testnet switch (or a renamed such switch) to make their client do their chosen gamecoin or use the same client without a switch to have it do normal bitcoin as usual.)

-MarkM-

MarkM - seeing as you were the developer for Devcoin, can I ask you a question? What was the reasoning behind issuing 50,000 coins per round instead of 50.

Someone on reddit described Devcoin as a "zimbabwe currency" - i.e. they looked at the number of coins rather than market cap, and decided in a split second that it was "zimbabwe" and therefore they didn't want to participate. I'm convinced this is the thing holding the coin back - it's not fitting in with pre-conceived ideas about how a currency should be.

It seems reasonable to list it after DeVCoin, because DeVCoin already existed in our heads when we created GRouPcoin as a testbed to try approaches toward implementing DeVCoin, and I am pretty sure it wasn't until DeVCoin was working that we ripped out the failed attempts at creating a DeVCoin from the GRouPcoin code making it the actual GRouPcoin we are familiar with today rather than just a testbed - with gamers actually trying to use it so there'd be in effect actual testers testing it - on which to try ideas aimed at creating what we were actually trying to create (DeVCoin).

We can probably reasonably regard GRouPcoin as having remained a test coin until DeVCoin was launched; once DeVCoin was up and running its -testnet flag presumably would have been the way to go for any further testing of it. GRouPcoin never did have what DeVCoin has, it mostly tested little crucial details of what exactly one can do to coinbase transactions and how. Once we knew enough about what we could do there, we knew how we could implement DeVCoin so went ahead and did so. The gamers continued to test the use of cryptocurrency in games with the GRouPcoins they had accumulated, and naturally did not want their coins to vanish... If they were willign to game with vanishing coins they would have used bitcoin testnet coins in their games. A key feature for coins for gaming was, to them, the fact no dungeonmaster or game script etc etc could take their coins away aka cause them to vanish. Permanence was, to them, an essential feature. So GRouPcoin, without any of the failed attempts at changing genesis blocks or first few blocks or every block's coinbase or anthing like that, chugged along much like while other gaming coins such as United Kingdom Britcoins, Canadian Digital Notes, United Nations Scrip, General Mining Corp scrip, General Retirement Funds scrip etc etc etc. (All of which eventually moved away from using blockchains "temporarily" until such future time as sufficient transaction volumes exist to make the transaction fees add up to enough to attract miners.)

I think I read somewhere that the scrypt coins - Tenebrix then Fairbrix then Litecoin (though that list might be leaving out SHA256 coins launched in the meantime, I do not know) came after DeVCoin and thus presumably also after GRouPcoin. I do not know if that is true though.

-MarkM-

I suspect any "other work" hosted on the Devtome server or included directly into a page served from the Devtome server probably needs to be free open source content used in accordance with its existing free open source license.

Are you familiar with wikipedia's stance on this issue?

It seems to me references are typically put at the bottom of the page and consist basically of links to third party sites that hosted the material that is referenced.

So for example if you want to make reference to a particular proprietary photo out there on the net somewhere, or even a photo you yourself took for some corporation (they own the copyright and have released it as free open source) that they now host on their site - probably regardless of whether it shows any logos - you should use a little superscript reference-number link like wikipedia does or some such mechanism the reader can click to jump to that reference's little blurb/link at the bottom of the page, from which they can click away to the third party site if they wish to see/read/hear/watch the actual thing/material you are making reference to...

-MarkM-

Thanks Alyssa85.  I will go ahead and make a correction to reflect what you wrote.  And feel free to send any additional info you might come across, and like I said I will try to find this out for myself in the next few days too.

If the original was produced by you (i.e. you own the copyright), you can post it in it's entirety onto devtome and list it as an "original" work in your profile.

Collated work is more collations based on "fair use" quotations - l would say no more than 5% from the original source, otherwise you get into the realms of plagiarisation, and always put the quoted bits in quotes, and add a reference link to source.

Wiser I think devcoin is either the third oldest altcoin or the fourth. Namecoin was launched in April 2011, and Devcoin was launched in August 2011.

I think there may have been some other coins in-between that didn't make it.


I found this thread on groupcoin

https://bitcointalksearch.org/topic/grp-groupcoin-67991

In that thread markm wrote the following:


but am not sure when it became stand-alone and stopped being a test for devcoin.

Lot of Thanks for Your quick answer, question B it's clear (I/We are going to gimp out all brands).

There is still question A: Do referred work taint the original work (when present in small percent, i.e. 5-15%)?
(some master and phd papers I've wrote were criticized when there were not enough references because of the novelty of domain and lack of existing literature... Here might be the reverse: the presence of some other work - small percent - could taint the original work and "degrade" it to collation?)

Thanks again for patience

Please support the official Devtome twitter account guys

PM me if you have a Devtome service / website which should go out on the twitter account.

https://twitter.com/Devtome

If they are your own pictures, place them in articles that you list in your profile as original.

Note that everything you put onto devtome comes is placed there under a creative commons licence - which means a third party can then legally take the material/pictures and place them on their own site.

Don't put other people's brand images on devtome unless you have permission. So with coca-cola - give them a miss (devtome can't afford lawsuits).

I don't think Fin was part of the pump and dump - he was as much a sucker as you. The pumper/dumpers live on twitter, and you can also see them chatting on the following site:

http://trollboxarchive.com/

Have a read of it and get an insight into their world, and then you'll realize that all this angst about writers causing teh crash or fin causing teh crash are wa off the mark.

The community is not in control of the price, the speculators are, and they're out to make money from us, they don't really care about the project.

Yeah.  I bought them at 140 when I saw Fin's "Time to Buy" thread.

It was only at 200 satoshis for April and May - and that was entirely due to a pump and dump by Fontas - see the following thread where he admits he manipulated it to rise by 600%:

https://forum.litecoin.net/index.php?topic=4698.0

Pump and dump prices do not reflect the real market (that's why the Nasdaq, Dow Jones and FTSE ban them). They're a con. They manipulate prices to con ordinary people into thinking that the price is rising and they'd better buy in, and the conman then unloads to the unsuspecting noobs. Then they remove their pretendy buy walls, and it all collapses back to the "normal" price, except now you've got some people who have bought at the top and they are hurting.

Let's not have community members attack each other for something that was caused by an outsider just looking to make some quick cash...

Why isn't Devcoin subject to more pump and dumps any more? Primarily because other coins have been launched that are easier for the speculators to manipulate, plus the action has moved away from vircurex to cryptsy and Btc-e - and cryptsy doesn't let you trade dvc for btc, and btc-e ignores devcoin entirely.

Hi, Question(s) about writing, copyright, collated work (on devtome, of course):
A. - If I write something with my own pictures (more then a dozen) and I'd like to include some other pictures (a couple, let's say from some University), with proper credits, is it considered original or collated?
(for exemplification, You might read http://toyservice.ro/stories/2011/led-dynamo-flashlight-tuning-and-repairs-july-2011/, rectifier pictures)
B. - Current copyright laws(*) might prosecute You for something like Pe?si(R) or Co?aCo?a(R) in the background of Your pictures. How do devtome interprets those new restrictions: should I gimp away any brand name/logo (blur/pixelize/...)? I work mostly with well known brands, and they appear in my pictures...

I mention I have read [almost] all I could find at search here and on devtome.

Thanks in advance for Your effort,

-------
(*) I have a few years under belt navigating through copyright laws in my country

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Is it really true that DeVCoin is the second-oldest cryptocoin, right after BiTCoin?

It really came before NaMeCoin, before, oops, GRouPcoin?

Hahaha we (Unthinkingbit and I) made GRouPcoin initially as just a chain to try out ways of implementing DeVCoin, then once we figured out how we could do DeVCoin GRouPcoin shed all those test/prototype features and the gamers who had been getting into it for use in games continued using it. So okay lets not count GRouPcoin, since we can lump it in as basically "part of DeVCoin", and it didn't really "go public", much at least, really, until after DeVCoin was launched. It just kind of continued along on its merry way as a coin used in certain games - such as the Galactic Milieu - for quite a while before much of anyone other than the gamers using it really noticed the darn thing had not died.

(Some gamers, coming from games like Dungeons and Dragons, Chivalry and Sorcery, Land of the Rising Sun and so on and so on, still to this day think that ultimately GRouPcoin ought, by market forces, end up as in effect a 1000-devcoin coin, because it generates one thousandth as many coins per block as DeVCoin and, being as how both are merged mined, ought hopefully to end up having the same difficulty as DeVCoin too. Thus, one thousand times as many hashes per coin to mint, thus, one thousand times as expensive. They aren't at all adapted to having different coins have different exchange rates, they are used to the number of silverpieces per gold piece, the number of copper piece, etc hard-coded into the game as constants! )

So I don't mind GRouPcoin being considered to come after DeVCoin, afterall it was only in order to implement DeVCoin, and as part of implementing DeVCoin, that it came into existence at all. DeVCoin already existed as our goal in our heads when we came up with the idea of making GRouPcoin as a testbed to try out some implementation ideas.

But I have a vague recollection that people who made chronological lists from time to time of which coin got created when used to list something else after BiTCoin before DeVCoin, didn't they? Or did they? If they did, were they wrong?

-MarkM-

this is really good wiser Im proud of you! Mandatory reading for new writers.. this should be read
by the people who hate on devcoin. It has had
a black eye amongst some of the older crypto members speaking with ppl on forums but reading this should open their eyes. Ppl can link this page to anyone who wants motivation to get into devcoin aswell as how devcoin works kind of and how to earn and put it all in the
big picture. I will use it as a tool. Thanks!

So all this discussion on the thread today prompted me to write this essay called Fat Cats and Mercenaries expressing my thoughts about the Devtome project and our attitude towards it.  The more I ponder it, the more amazing it becomes in my eyes, and the more convinced I get that it not only is sustainable, but needs to be largely left as it is, though tweaks to improve it are certainly good.

Despite my own advice, I did not copy/paste anything.  I composed the essay from scratch, though worked off some of my earlier posted ideas.  This one is a Devtome exclusive.  No republishing my blog post this time.  Enjoy

Yea I see what your saying better to use limit orders.

I dont see the auto buying isnworking maybe not enough ad revenue yet?
 
Btw where is the ad revenue going right now? Is it auto paying out to an account?