LOL Good point. Well I will help so long as I can  So every new developer is absolutely welcomed and needed. (that's you, you are needed.) |
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Yes, I was talking about how bounties and reviews should work in the future. It's an ongoing development. ;-)
Ahh I didn't know it was still under development. In that case, I will continue working on the bounties the way they are (on the prototype site) and will help out where I can to further the development of bounties in the future. I loved some of the proposal further up the forum here today. It would be nice to be automate a little more with the way they are given out. Like the bounty admin being able to fill out a form on the website and click a button to close a bounty and assign the share amount for the bounty to a user. The website should update the receiver files. But that for now is beyond my understanding of the coin and how it works at this time! As I learn more, I will be able to help more! Also any input on the prototype site is welcome from anyone It is just a play site for me, but can be used by anyone (without warranty of course! ) Chad lol, everything in devcoin, devtome, cryptocurrencies etc is under constant development. Is the current version working and being used? Yes.Is it still under development? Also yes.How long will it stay under development? Hopefully forever.What will happen if development stops? It's dead and abandoned. |
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Atleast every developer should have a score, a rating system that shows if they messed up in the past.
That's how a fair free market works. Every form of transparency is welcomed, aslong as it doesn't violate privacy.
I am not sure that is how the bounties work here since they have to be added to the blockchain etc. The bounty admin and other admins are the ones that accept a bounty proposal and then decide who gets the bounty and how etc as they add them to the receiver files. If this is going to change or what not I am all for it, I just just writing a front end to help the admins at this time. It will have the ability for people who have a devtome account to propose and vote on proposed bounties, but that is about as dynamic as it is going to be for the first rev. (this is just for the project I am working on) Chad PS. I could be wrong on how bounties work too! Yes, I was talking about how bounties and reviews should work in the future. It's an ongoing development. ;-) |
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I hope i am right with this, but looking at this video they have already build the prototype. So it should be just a mather of putting a complete board together, testing and going in production. I really do hope a lot of the testing has already been done. Listen carefully to what is said in that video. At about 0:15 "...this prototype is just made of one single board, emulating one coincraft A1 chip..." That's why they are still in the prototype phase, ... now they have to do the first prototype with the real chips... that's where we are at the moment. |
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Also there should be a possibility to donate your own devcoins (not from the 90%)
There must also be a possibility to take pledged money back if a proposed project/development does for some reason die or selfdestruct.
So many thoughts...
That is a great idea to add to the bounties as well! I may look into doing something like that once I am done with the "official bounty" thing. I will have to look into more of how things work on the back end to do something like that, but it is a really good idea. There are going to be things that people want to have done that won't get picked up by the official group, and they should be able to fund it themselves. Chad Atleast every developer should have a score, a rating system that shows if they messed up in the past. That's how a fair free market works. Every form of transparency is welcomed, aslong as it doesn't violate privacy. |
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My longer-term business plan involved something like that ( http://devtome.com/doku.php?id=development_exchange) but actually directed at the opposite non-core devcoin bounties and work, although I agree a more structured way to organise bounties would be helpful. Very interesting to hear about that. I agree that we need something that brings demand and supply together, so that things that are wanted are created, and things that are unneeded are shunned. (ofcourse it's not that easy, because how do you know what is needed? Sometimes a solution is only visible in hindsight, for example you do a lot of research & development that could be considered wasted in hindsight, but was nonetheless necessary. Sometimes it's not a targeted process.) People who visit devtome (or other devcoin "departments") should have an easy possibility to express what they want and need. Also they should have a possibility to easily check if someone else has already started a project that fits their own specifications. Something like kickstarter, but instead every registered user can give his one vote/share of the total 180 mill. Also there should be a possibility to donate your own devcoins (not from the 90%) There must also be a possibility to take pledged money back if a proposed project/development does for some reason die or selfdestruct. So many thoughts... |
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So much speculation going on here... Giorgio, Christian, please give us good news  Hope dies last. Ofcourse having to "hope" makes this all a gamble, and not a business anymore. Woohoo, like las vegas, but where are the beautiful ladies and the free drinks?  That would make everything more tolerable. |
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production of the miner could start from the 03/02/2014 so the device could be the first delivered to 10/02/2014
That's when I normally would expect my february week 1 order. (ordered and payed last week of november) But since you are talking about the announced deliveries from december... i can expect my order to be shipped sometime in april. You know why I do this guessing, because I don't want to lie to myself anymore. If someone calls that FUD he doesn't understand the situation. I have to adjust my plans according to logic and reasonable expectations. So an educated guess tells me that a three month delay is to be expected. Well, atleast that should trigger the money-back clause in their terms. Or I should get double the hashrate I ordered. That is a good thing, and I hope that bitmine will atleast satisfy us as far as that goes. That is what can make them save face, we will see. I will call bitmine and ask them more detailled questions about money back garantee. For example do I get back the exact amounts of bitcoins I send them, or will they use the dollar price to calculate the bitcoins I am supposed to get. Have they already spent the bitcoins I sent them, or where they locked in place for this case. Also the whole customer plan is not very exact and leaves some room for interpretation. For example what is week 1, or week 2.... are the 10 days for delivery counted after the last day of such a week, or can I count the whole week to those 10 days of allowed delivery? Etc... |
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i think he want to say that shipment of the first working units will last much longer than we think.
And he is right in his assessment.  |
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There are review processes in place now for Devtome content, authors that get poor ratings from reviewers get paid less, good reviews leads to higher pay.
So that is starting to come into place. First there had to actually be authors and content, then once we had authors the option was added whereby they can review other authors. Before we actually had any authors there would not have been much point in trying to recruit reviewers, and the author population has been useful as a source not only of reviewers but also of administrators.
Bear in mind also that DeVCoin is deliberately intended from its initial design to be worth a lot less per coin than Bitcoin.
Back when DeVCoin was created a lot of people were arguing that Bitcoin should move its decimal point; DeVCoin thus deliberately started out with its decimal point already moved so as to hopefully avoind running into those same arguments.
-MarkM-
ok, thanks for your explanations. It makes sense, and as I said I hope for a bright future with open solutions that will create more trust and competition (competition is good for everbody, but ofcourse bad for the losers who don't want to innovate but would rather sit on their old stuff) Innovation is not going to happen without competition. This will also bring price stability, as the 2.3 billion coins that are given to devs every year are still in the region of 50% of the complete money supply. So when those devs dump their coins all the time it drives the price down. What we have seen thus far. In a year or two the yearly payment of the devs will be a smaller part compared to the total money supply. First 20% then 10% and so on. So that the devs who dump their devcoins immediately will not be able to drive the price down that much anymore. And more competition for the shares will make the value of a devcoin rise in perception more, and not make everyone want to dump the earned devcoins like a hot potato. |
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It is really a funny market, where people get euphoric, when they hear that there is are first (!) chip samples available and that they will assemble the first (!) prototype hashing units within the next days. Guys! They have still about 6 weeks delay (my estimation) if everything goes well from now on. So I completely agree with RetroGamer: please giorgiomassa, give us some more info about the planned Roadmap, the Impact on the existing orders and all the other open questions in this Forum which have not yet been answered. This really is the first working day of the new year, give the guys time to grab a coffee before shipping Do you really think anyone cares about working days - especially with current shipping delay? Well I donīt! You're just took the words right out of my mouth. If a project is delayed by six weeks and one does not have a (communicated) timeline on how to proceed, nobody really cares about working days. So please bitmine, your customer care is currently worse than the one from cablecom... I think I can speak on behalf of most of your customers if I ask you to please provide more infos, updates and answer more of the currently unanswered questions. I completely agree with you, and let me reassure you that I find nothing funny that is happening here. News posted at bitmine.ch seem to be only once every two weeks or so... so we should expect news to continue in this frequency. (that is completely unacceptable of course, but hey you have to judge someone by his past behaviour, not by his promises) As there are so many things still to do, and so many unfinished stuff yet to be clarified, I do not see any device shipped before march. Just saying. Let me explain So what are the next logical steps and the accompanying news if there are no additional problems? 1) The actual chips arrive, not the sample ones (NEWS!!!)2) Prototype testing is finished, starting with actual production. (NEWS!!!)3) Software creation, screenshots, manuals. (NEWS!!!)4) Starting of first shipments. (NEWS!!!)Give each of those 4 points two weeks time, and we should therefore expect no shipment before march.  Ofcourse I hope that I am completely wrong with any of this.  |
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BTC38 was going to implement Quark but volume was too large and they delayed the trading. When their system is ready for that volume they will add it. It's a great time to stock up on Quarks after the big crash of pretty much everything in december. Quark is one of my top 3 bets in the year to come.
volume to large? I wish that was the case. But have you looked at the volume of quark at vircurex.com lately? It rarely is more than 10 BTC a day... At the moment it's only at 2.7 BTC...  Georgem, yes, Vircurex does have low volume but they are just a small fish. Have a look here: http://www.cryptmarketcap.com/Quark is listed as having 102 BTC volume over the last day. The only coins with a higher volume are Bitcoin, Litecoin and surprisingly, Dogecoin and Worldcoin. Yes, I understand, but I have seen atleast 40 BTC at vircurex with quark a while ago (2 weeks or so). People probably prefer cryptsy at the moment, because of the higher liquidity. Should cryptsy have those lags and serverproblems again then more volume will switch to vircurex again. It's good to have many exchanges. |
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BTC38 was going to implement Quark but volume was too large and they delayed the trading. When their system is ready for that volume they will add it. It's a great time to stock up on Quarks after the big crash of pretty much everything in december. Quark is one of my top 3 bets in the year to come.
volume to large? I wish that was the case. But have you looked at the volume of quark at vircurex.com lately? It rarely is more than 10 BTC a day... At the moment it's only at 2.7 BTC... |
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Are you sure that devcoin has a market cap ?
They are unlimited number of devcoins.
A market cap is derived by the coins momentarily in existence multiplied with the current market price. It has nothing to do with maximum possible coins. |
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I think the biggest issue is that they paying for every kind of rubbish. If you take a look at devtome you will see that many writings have very little artistic or information value. Maybe they should implement some kind public voting system about the articles, or just turn it into a kind of crowd funding site. A writer uploads the first chapter, readers take a look at it, if interesting they can vote for funding.
(sorry I know it's an old thread, ...) I agree with you. I like devcoins and see many possibilities for it, but what you pointed out seems to be the biggest flaw in devcoin. It doesn't have the free market competition concept where the best wins and the not so good are being kicked out. Instead everyone can just dump more or less average things there and will get his share of Devcoins no matter what. For a writer you must just use orthographically correct english, there are no other criteria. I hope that devcoin will add some kind of feature that will add this free market competition concept into it, because right now it seems to be like a zeitgeister's wet dream.... recieving devcoins for "whatever" you do.I expect that when devcoins get more popular that more developers will compete for the same shares, and that will initiate a more mature competition system. |
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I've notice that there is no wikipedia page for devcoin. So many people get their general knowledge from wikipedia that it just makes sense to create a page. Maybe a small bounty need to be established for someone to put it together. Would probably just require moving info from Devtome or the website. It can really help spread awareness.
I volunteer to manage a Devcoin page on Wikipedia. I have already begun the page using the Devtome bits: https://en.wikipedia.org/wiki/DevcoinI will work on the formatting, additional information, and complete the article over the next day or two. If there is a bounty decided upon for this work, I'll graciously accept. hm, it's already marked for deletion. We need sources. |
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hm, I thought I saw a table somewhere here that showed how the devcoin money supply will develop over time, ...
And what percentage change every new year would bring...
can't find it anymore.
Can someone help me?
You can find it here. A better graph of monetary inflation can be found here. Thanks alot. I need to bookmark this. |
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hm, I thought I saw a table somewhere here that showed how the devcoin money supply will develop over time, ...
And what percentage change every new year would bring...
can't find it anymore.
Can someone help me?
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If all those guys worldwide learn about devcoins... wouldn't all the shares be gone in a minute? That is a good thing, right?  Sign them up! It's not how many but how much one is worth. That's my understanding anyway. - Nova and who /how decides how much one is worth? Is there something like a thunderdome were two people go in, only one comes out? Have you not been to an Exchange? Better than the Casino in Katmandu. A proven to be trustworthy exchange is Vircurex, yet there are a number of them. Day trading can while away an afternoon. - Nova oh sorry, I think we misunderstood each other. You are talking about the value of devcoins of course. I was talking about how big a share a developer gets based on "his" value. I should get to sleep now, it's too late... |
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If all those guys worldwide learn about devcoins... wouldn't all the shares be gone in a minute? That is a good thing, right? Sign them up! It's not how many but how much one is worth. That's my understanding anyway. - Nova and who /how decides how much one is worth? Is there something like a thunderdome were two people go in, only one comes out? |
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