That's because DVC is unlike every other crypto-coin, and I think most don't realize how it works, or it's potential yet, just like when bitcoins first started (there are thousand of people who rightfully belong on the bitcoin or devcoin share lists, but they just don't know about it yet). It's doing to open source what mining did to digital currency. The analogy is that of the 200M coins created per round, they're distributed based on the number of people doing work to earn them, instead of machines - with btc everyone competes for the transaction pot with hardware. With dvc, it's essentially the same thing but instead of calculating hashes, people are creating things. As time goes on, the btc hashes get more difficult as the number of miners increase, and similarly dvc payouts become harder to earn because the initial work has already been done, and more difficult work lies in improving it (as well as more people doing work). Collaboration on work is similar to how mining pools operate, and there is an opportunity for people to develop ways to make collaboration between strangers easier.
But is it for example possible that the guys from blender.org (the 3d program) apply for devcoins? Do they fulfil all criteria? They have a large developer base... if they were to barge into devcoin, wouldn't that "increase the difficulty" (to continue your analogy with developing=mining) ?  That would mean fewer shares for everyone, ... so what is the goal here? To encourage NEW open source software... or to try and win over all the open source developer programs that already exist? If all those guys worldwide learn about devcoins... wouldn't all the shares be gone in a minute? That is a good thing, right?  |
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Guys, when do you think devcoin could pop, I'm talking $0.10+.
I have been seeing many threads about what coin will pop in 2014 but nobody ever mentions dvc..
That's because DVC is unlike every other crypto-coin, and I think most don't realize how it works, or it's potential yet, just like when bitcoins first started (there are thousand of people who rightfully belong on the bitcoin or devcoin share lists, but they just don't know about it yet). It's doing to open source what mining did to digital currency. The analogy is that of the 200M coins created per round, they're distributed based on the number of people doing work to earn them, instead of machines - with btc everyone competes for the transaction pot with hardware. With dvc, it's essentially the same thing but instead of calculating hashes, people are creating things. As time goes on, the btc hashes get more difficult as the number of miners increase, and similarly dvc payouts become harder to earn because the initial work has already been done, and more difficult work lies in improving it (as well as more people doing work). Collaboration on work is similar to how mining pools operate, and there is an opportunity for people to develop ways to make collaboration between strangers easier. The only downside is that most of the value from cryptocoins come from speculative demise - that the coins are always going to become rarer, whereas devcoins are created indefinitely (and rightly so, since creative work is not used in the "transaction" system like with bitcoins et al). The upside is that speculation can still exist with dvc, with the added bonus that we get great open source stuff to share and improve. I honestly believe this is stuff that will make headlines once journalists get their heads around its nuances. It probably won't ever be as mainstream as bitcoins, because those are very easy to mine in comparison to this - this requires actual human effort from everyone trying to earn generation shares. As for the price, for it to hit $0.10 people need a reason to buy them, and there is always going to be selective pressure towards more deflationary currencies over this one, because they are, after all, more deflationary - devcoins take this hit in exchange for allowing the philanthropists/advertisers a way in. Assuming maybe 50-80% of the payout is being cashed out each round, people have to be buying 100M-160M coins from the market with cash or another cryptocurrency every month. This means it needs an in-flow of cash around $10-$20M per month to support everyone selling the coins they earned @ $0.10. That doesn't sound impossible to me, especially if the seriously rich philanthropists who strongly believe in FOSS decide to back it. For it to get there, we need to give people amazing stuff that they just can't get enough of. That means great writing, great media, great software, great websites, etc, and if devtome and it's ilk become as popular as something like wikipedia I don't see why it won't disconnect from the value of other cryptocurrencies and take its own life - the price could very well be $1/coin in 3-10 years time. Great explanation. |
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All I know that is one of the most amazing poems I have ever read!!!  (my poem) lol Bravo maestro! |
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One would have to contact a lawyer experienced with copyright to know how much of a change one would have to make to a piece of literature to call it their own. My guess is that it could be challenged after a certain percentage of it had been changed. This is not the case with Open Source source code. It is also not the case with music. If you released a piece of music under Open Source I could go through it changing every 8th note (mean the one after 7 not the actual eighth notes) and then copyright it as my own. Granted it would not be exactly like the original piece but it would be darn close. You could not do this with an Open Source program. Don't I destroy the work of this poet if I just switch words around as it pleases me?
The original author as well as many of the audience may feel so; yet that is totally subjective and has nothing to do with Open Source. There is no such value judgement in the license. I can also give people access to the MIDI-Files and all the tracks (if for example my music has 8 tracks, people can download all tracks separately)... So people can remix and mashup my music and potentially (if they know what they are doing) create something new.
That is certainly getting closer yet because of the unique laws surrounding music copyrights tampering can mean you end up owning it and take the finished tampered piece out of Open Source. The poem on devtome is free too, won't you agree?
Yes, because it would fall under the copyright laws surrounding literature. Yet a modified version of the piece may well not be free and may become proprietary at a certain percentage of change. A lawyer would have to be consulted to confirm that theory. I think we can all agree that everything that is posted as open source is also always free.
Software without question. Literature at least in it's original form. Yet releasing to public domain would have the same affect. But not everything that is free is open source. But artists can make their art more or less open source by giving access to all work material. But this is difficult if part of their work material is in their brain.
Therein is the rub. That is probably why the Creative Commons licensing came into existence. It seems to me a more common sense copyright for pieces of art, be they musical or literary. - Nova Thanks for your detailled answer. I agree with all you said, also I share this basic fear about some asshole taking my free open source music, changing it slightly and then go and copyright it. This shows why copyright is a completely evil troll-like system, and has to disappear from the face of the earth. Stupid government invention to stifle the progress of human innovation, that's what it is. |
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Happy new year all you guys.
I have to say I have come to love this coin more than any other coin, because it makes sense, is undervalued and has much potential.
2014 will be extreme.
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A really simple start toward that, a really simple idea toward it, would be to accompany it with a bunch of keywords hints or somesuch, so that when for example a screenplay says "Outdoors, English topiary garden, behind a manor house; the sky is overcast, the background music is sombre" one could at least look up "sombre" among the soundtracks to get a list of soundtracks that might fit that scene?
That is a very good idea. The database we will create for music and sound must be highly accessible to visitors who are simply looking for free open source stuff (FOSS). Tags will help the user find what he is looking for, but also categorizations in a folder structure like the open directory project is OK with me. Why not have both.... we must start somewhere... and then let a sophisticated tag system evolve. Maybe something like a mood tag sequencer, where people paste mood specifications on the timeline of a song. |
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Free open source such librarys are needed too though as apparently some musicians use proprietary/restricted libraries of notes partly because they do not know of any similarly libraries that have less-restrictive licenses.
Not knowing is not the problem, but rather that similar libraries just don't exist at all. Also, in the recent years I have seen a big price dump in proprietery music software. For example many virtual instruments are in the 50-100 $ range now... that doesn't make them free, but very competitive. I remember the times 10 years ago, when music software was really expensive. With graphics some artists claim they are forced to use photoshop because none of the free open source graphics programs have the function(s) they need; getting the functions added to free open source paint/draw/etc programs ought to be something DeVCoin could aspire to eventually get done.
It's not only that. If my customers send me photoshopfiles to work with, then I need photoshop. Photoshop has a billion market cap with a lot of highly developped filters you are simply not going to find in open source tools anytime soon. Also with graphics programs I see a big price dump, changing the way they charge people. Adobe now has this monthly subcription in place, where you get access to ALL it's software for a mere 50 $ a month. You pay as long as you want to use the software. I am just saying: the big proprietary firms understand that something is changing and that they have to adapt. |
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Let people first and foremost provide music for free (and get compensated in DVC), so other people can use that music for free in their projects.
It seems MarkM's point is being, largely, missed. If we are talking about free music then the authors of said music can simply release it to the public domain. That is not the same as Open Source. How is this poem at devtome open source? http://www.devtome.com/doku.php?id=epic_love_poemPlease explain this. Is such a poem open source, because I can go ahead and change words etc? Don't I destroy the work of this poet if I just switch words around as it pleases me? I mean, if I am really good, I can make this poem better, and add value. If I am illiterate I will destroy this poem if I try to change and remix it. I can create "poems" thru music, and post them so people can listen to them. I can also give people access to the MIDI-Files and all the tracks (if for example my music has 8 tracks, people can download all tracks separately)... So people can remix and mashup my music and potentially (if they know what they are doing) create something new. The poem on devtome is free too, won't you agree? I think we can all agree that everything that is posted as open source is also always free. But not everything that is free is open source. But artists can make their art more or less open source by giving access to all work material. But this is difficult if part of their work material is in their brain.
For example: I can't open source the groove feeling I have in my left hand when I play that funky bassline. Oh I can give you notes and MIDI-Files... but try and use those to create similar funky basslines and you will fail.What I mean is, open source is partly possible with art, but not all the way thru, like it is with math and code. |
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James Corbett mentions Quark. I didn't know him until today so i'll quote the original poster on Quark forums: "For any of you Quarkers out there who enjoy and follow James Corbett of the Corbett report, I was super pleased to hear him mention Quark in an interview on Self-Education Radio. He was discussing Bitcoin and said that he thought it was a good idea to put some money into it, and also some of the other cryptos like QUARK. That's the only one he mentioned and he didn't go into why. But I have tremendous respect for Corbett. He absolutely thinks for himself, does all his own research and is brilliant. This gives me a boost of confidence in Quark and my gut feeling that it's a good coin for the future." Here he talks about Quark at 12:55 www.corbettreport.com/interview-780-james-corbett-on-self-education-radio/http://www.corbettreport.com/http://www.corbettreport.com/about/That is great. He obviously heard of it thru Bill Still. I have been a fan of james corbett for atleast 5 years now and highly value his opinion. Well james corbett advice is what I already do: I look into many cryptocurrencies, and try to find the best suited for me. I am not sure if james corbett understands what a SCAMcoin is, and how a scam works with cryptocurrencies. (I am not calling Quark a scam, I am just asking if james corbett even knows what we know) James Corbett doesn't accept ANY cryptocurrency on his website, not for donations, not for dvds, not for anything. So while I value his opinion, he obviously doesn't put his money where his mouth is. But he might. We will see. I would donate quarks to him if he had a quark wallet, even more than I would to bill still. |
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Happy New Year to everybody!
Thanks. You too. Looking forward to the rigs. |
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this statement is completely false! and not good!
current difficulty is 1180923195 and this is probably the next jump about 20 - 25% higher and that every 12 days.
in my case would be extraditable 21/12/2013 been with difficulty 1,180,923,195
on 01.01.2014, the difficulty will be at 1,475,859,058 and they have not started with the installation.
the next difficulty 1,844,086,999 will be reached at approximately 1/12/2014.
the 50% increase and then what useful to me 10% penalty even if they provide full modules I had to stop my loss 6 TH / s extra now, unfortunately, it will be when they deliver only 2.8 TH / s
I don't know what difficulty jump we will have the next 10, 20, 30, 40 days. Nobody knows, so be careful with your estimations. In November we had two difficulty jumps of only 16.07% and 19.29%... Also, since I plan to primarily mine altcoins... I see no problems. Ofcourse I meant only a two weeks delay. My calculation makes no sense with larger delays. |
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A thought I am having: If I don't get my devices in the beginning of february, but get them two weeks later, I will get not only 10% more hashrate, but effectively 50% more, since their units are only dividable into 200 Ghash or 250 Ghash moduls. There are no 50 Ghash or 40 Ghash modules. (Other people who ordered a complete unit, will even get an additional unit! Since that is what 10% implies.)  So in a strange way It would be good for me if they were two weeks too late. On the other hand, this is completely stupid and naive of me to think like that... If they have problems fullfilling my initial order, what makes me think they will have even 50% more than that ready only two weeks later? It's like you owe someone money, and have problems paying back. If you now want to win time by promising to pay back even MORE money... this does obviously increase the problems to pay back what I owe. It simply makes my problem worse, and doesn't really help anyone, because my chances to go bankrupt increase.Dangerous game we are playing here. Let's see how this resolves. |
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Miners and Bitmine customers, before this thread fully turns into a source of misinformation and FUD, I want to herein try to limit the noise by clarifying those facts I am aware of. Aside from being their largest customer, I work for Bitmine as a contractual consultant at the SW side. As such, I am in direct contact with the management and also regularly visit their offices. While doing PR on the forums is not part of my contract, I dislike the current sentiment where speculation and misinformation dominate. Still, I am under NDA and therefore can only sum up what is already publicly known or not covered by the NDA. ChipsBelieve it or not: there is no chip packaging facility in Europe. Therefore, the wafers produced by GF in Dresden were sent to China for packaging and will be returned back to Switzerland for testing / assembly. SoftwareAs announced here, I was supplied with an FPGA chip emulator to develop a cgminer SPI driver for the A1. The initial version was released some days ago, and with that, there is a tool available to mine with the A1 as soon as the chips are assembled. On top of that base functionality, the features currently being worked on are - support for clusters of autonomous chip chains for modularity
- un-brickable FW upgrade to mature SW in the field
- user-defined / auto balance of hashrate vs. power consumption
- GUI
This list is sorted after priorities, and a GUI is obviously not on its top. I personally am fine to have the GUI provided by cgminer's miner.php, but there will also be a 'polished' Web-UI available. AssemblyAs already done with the Avalon clones, PCBs are assembled in north Italy and the PCBAs are delivered to Switzerland for product assembly and QA. During my last visit I saw around a dozen workplaces - production capacity should be therefore closer to 50 than to 10 units/day. Misc FUDTo state the obvious: a) there are no A1 chips available - nowhere in the world, and consequently b) Bitmine is not mining with customer's rig. Hope this helps to limit the current speculation. Please understand that I can't be more specific than this, but I am quite confident that we will hear significant news from Bitmine officials soon. Happy New Year, zefir Thanks for you insight. I believe a GUI is that much more important since we can't just hook up the device to a computer as if it's a usb-device. We need to access it thru the network. Which makes a gui more important. Do you agree? They told me on the phone that I would need to create my own driver if I want to use this device as a usb device. How will mining altcoins work with the software you develop? |
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Funny thing again, no ASIC manufacter actually delievers and the difficulty explode  There is one upsetting reason that can explain that. /FUD |
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I do also work in a Swiss company, and there nobody cares about (public) Holidays if things go south.
And being late three weeks with actually no evidence of any light at the end of the tunnel (no update about the chips, no gui previews, just nothing) is pretty much messing things up.
As CEO I would really wory about my reputation - or just have to life with the fact, that my company is as bad as any other currently in the market out there. So nothing about swiss quality and puncuality.
After two or three longer phone calls, I thought I heard them say that part of the assembly is done in north italy, and NOT in swizerland. (but sorry I am really not sure I maybe misunderstood that) Official headquarters of bitmine.ch is located in the southern part of swiss. What they call "italian switzerland". They speak italian there as you know. Hm, I don't want to spread any FUD... but I am not sure about anything anymore. Too many unknown parameters to make an educated guess. Where is the hardware? Is it really assembled in switzerland? Who creates the software? Has it not been created yet? At this moment there is not even a draft of the basic software functionality available as screenshot? We have nice 3d renderings of the rigs, alright.  |
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Thank you for your info georgem
thats exactly why I'm upset.
Why must we seek as customers such information.
brief statements by bitmine would be required.
Yes, they don't even have twitter. Oh sure they have this twitter symbol at the bottom of their page, but it just links to all twitter with tag #bitcoin, so really it's totally useless. https://twitter.com/search?q=%23bitcoinImagine they had their own twitter account and would inform us, like "meeting in china" "10k ASIC have arrived" etc that would be great. By the way: I am still waiting for screenshots about their web interface. Nothing yet. :-( |
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@giorgiomassa
17 days without news
from when does the 10% penalty from the date of manufacture or from Delivery Date
why has no buyers get a firm delivery date? then you could have a better orientation!
they write in the rescue plan purchases will automatically be increased to 10% so far has since done nothing yet.
on 10/12/2013 they have 3 weeks delay announced since they would have to act immediately and the purchases must update.
as a manufacturer, they should learn from the disaster, the avalon have no info always mean bad news.
I hope it happens anything else this year.
+1 @giorgiomassa any news about how it looks at the moment would be much appreciated - especially since you ensured that the january batches would not be affected. they had also alleged that they get their chips the end of November and start on 16.12.2013 with the production Angry It really starts to look a little bit strange. But since we have end of year festivities, lets give them a few more days. But if on beginning of january this same game is continued to be played, I really don't see any good future. Then it is really the rule of thumb that no asic hardware creator can be trusted, it's really EXACTLY the same as wild west gold rush 150 years ago. |
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Small screenshot of what I have:  As I said on first post, coding is done and I'm testing it. I'm waiting for my graphic designer to send me his work and adapt the code. Again, I accept donations to the following QRK address: Qh3kYHSFemmwbYVGRU5vbsdmrykHALnyiu Until now I have one donation, total amount received: 81.90 QRK. Thanks to the anonymous donator! More people donated. Total donation received until now: 1557,90 QRK. Thank you! Probably tomorrow I will have the design. I will try to adapt the code to the design this weekend. Will keep you updated! Looks great so far. But please explain how do plan on solving the usual problems of local coin markets? how will your escrow plan work? what kind of customer protection plans will you offer? what kind of user valuation/rating system will you implement? As you said your coding is finished, so I assume you have answers to my questions? I have made everything as similar as localbitcoins as possible. They have been online for more than a year now and I'm convinced they have already thought about these questions. The escrow will work with an auxiliary account where QRK to be traded will be desposited until seller receives payment. When seller receives the money, he will release them. This is a protection plan for both sides, buyers will know seller has enough QRK to cover the transaction and auxiliary account will be locked until buyer receives money. Sellers can ask for buyers indentity with a built in document upload feature. The rating system is custom coded, with two separated valuations for "buying" and "selling". Everyone will be able to see all ratings. PD: one more donation last night. Total amount received: 1562,90 QRK Great, send me a PM if you need a beta tester. (I am the owner of localquark.com and will redirect to you, if everything works properly. I think there is no point in me creating my own localquark if your progress is very far already.) |
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I always raise an eyebrow when something isn't open source from the start. So what made the corporation behind ripple finally go open source with ripple? |
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Ripple been out for a while btw...
It was always under that link at the bottom of the page "Looking for Ripple?" or something like that.
Yes, from the bottom of the page to the top in no time. Kinda makes you wonder what's going on here. Strange things like that will continue to happen, as long as coinmarketcap doesn't add rules like: - a coin must be completely open source
- a coin must be traded on atleast three different exchanges before it gets listed.
So we should believe that a ripple is worth 0.025 $ because one "obscure exchange" says so? Yeah, click on the price and try to find out what exchange that is. |
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