That is crazy-true, the amount of DeVCoin-denominated debt in the Galactic Milieu is insane, just the Galactic Financial Corp alone has accounts receivable of 2526405025311.32878874 DeVCoins right now. Seriously, that is over 2500 BILLION devcoins, and so far less than 20 billion DeVCoins have ever been minted!

And that is after some periods of seriously undervaluied DeVCoins have already allowed several major debtors to completely pay off their debts thanks to the insanely low prices shown for DeVCoin on such exchanges as it has managed to get listed on in the last few years!

Take a look at the historical tables of assets values at http://galaxies.mygamesonline.org/digitalisassets.html, in particular pay attention to the "Latest Rates Include-file" at http://galaxies.mygamesonline.org/latestrates.inc which various folks use as a general guideline include-file to convert asset values from one asset to another.

Typically when someone goes to make a payment on a DeVCoin-denominated debt it is not practical, due to the insanely low supposed value of a DeVCoin, to actually obtain actual DeVCoins with which to pay, so this "price list" tends to be used to figure out an "equivalent value" in some other asset. As you can see, quite a while ago the listed values of DeVCoins dropped massively, I think it went from about three bitcoin-satoshis to about one third of a bitcoin-satoshi at one point, with the result that all of a sudden nearly any other asset could be used to pay off about ten times as much DeVCoin-denominated debt as had been the case previously.

A significant portion of the debt has historically been paid by selling "Deuterium" to either the Galactic Mining Corp or the Galactic Retirement Funds Corp, thus usually for either GMC scrip or GFC scrip, which in turn is used to pay off the DeVCoin-denominated debt at a rate based on the "Latest Rates" pertaining at the time of sale. (Thus the historical tables of values, they let accounting lag behind the real time events so we can periodically go back and refer to those historical tables to see what conversion rates applied back when the sale actually happened, which helps a lot in administrating the game with a limited staff on a limited budget.)

In theory the massive amount of debt that is denominated in DeVCoins should have pushed up the price of DeVCoins significantly over time, but instead it seems like maybe more players have a vested interest in keeping the supposed value of DeVCoins low, presumably in order to pay of debts easier, than have a vested interest in keeping the supposed value of DeVCoin high in order that the accounts receivable from DeVCoin-denominated debt be maximised.

I am not at all sure what can be done about that, maybe we need a lot more folks be become shareholders of the Galactic Financial Corp so they will take more interest in keeping up the value of DeVCoins, or maybe we just need the value of DeVCoins to become high enough that it will not seem utterly out of the question to expect folks paying off such debts to be able to find some way of obtaining enough DeVCoins in one lump to be able to make a payment IN DEVCOINs instead of being "forced" to use "supposedly equivalent value" of some other asset.

In this connection it might help to know that a typical shipment of "Deuterium" is typically a fleet of a thousand "large cargo ships" thus carries almost 25 million units of Deuterium, and that often a given debtor will tend to ship more than one such fleet at one time. That gives a ballpark idea of how much DeVCoin would need to be readily available for purchase by such debtors, purchasing probably using "Deuterium" itself or GMC scrip or GRF scrip, in order for it to become practical to try to insist debtors obtain actual DeVCoins to pay their debts with rather than being ("perforce") permitted to pay using "supposedly equivalent value" of some other asset(s).

Another potential route to helping this situation could be to try harder to shift DeVCoin from being the kind of asset whose price you determine by looking at exchanges to being the kind of asset whose value can be estimated by adding up all the stuff owned by its "issuer" or "backer" and dividing the value of that "war chest" or "treasury" by the number of coins that have been issued.

Unfortunately so far there is no "DeVCoin Nation" within the Galactic Milieu whose total worth can be added up and divided by the number of DeVCoins in existence to calculate an assumed value of a DeVCoin. The closest thing we have to that so far is DeVCorp whose total assets as I write this post are shown (in the Company Assets Summary at http://galaxies.mygamesonline.org/companies.html) as 677955057647.58803418 DeVCoins (over 677 BILLION DeVCoins worth of stuff at the current purported values of the "stuff", a total of 677955.05764758 DeVCoins per each of the one million shares of DeVCorp in existence).

Still as you can presumably see from those numbers, DeVCorp's supposed value amounts to 35 or more times the supposed value (based on price at "exchanges") of all the DeVCoins that have ever been minted, which it naively seems to me maybe ought to kind of imply that if DeVCorp is the backer of DeVCoins the value of DeVCoins ought to be 35 or more times what the extant website-based "exchanges" seem to be able to "discover" its value to be.

So something certainly seems to be "out of whack" somewhere, I am just not sure what or where.

It surely does not help that the last website-based "exchange" DeVCoin was listed at ran with all the money, making players, Corps, Nations etc extremely reluctant to throw more "stuff" at such sites, so that it will likely take a couple of years yet before the latest such sites can realistically be risked with yet more of our precious coins and assets.

-MarkM-

A reminder that GPL can be traded on the Stellar network, see http://makemoney.knotwork.com/stellar/gpl/

I have not set up automation for accepting GPL (or any other coin for that matter) on the blockchain and automagically issuing tokens for it on the Stellar network, mainly because whenever I have looked for code to do that with I have found the existing code made available to use always came with warnings that it was probably not suitable for "production use", but was just examnple code developers could start from to see the basics of how one might go about doing such a thing.

Thus I have (for years now it seems, ever since Ripple was invented) been waiting for the available free open source code for such things to get fixed up to the point where it would be fit for "production use". I am not sure anyone is really working on that though, seems the big players prefer to keep their fixed up "production code" to themselves instead of releasing it as free open source.

Also, even back when I was using the Open Transactions system, I always preferred the idea of operating along the lines of the old "e-gold" system, whereby the on-ramps and off-ramps to the system would be third-party businesses. Basically only a few folks could actually ship kilograms of gold in or get kilograms of gold out, normal folk just sold their e-gold (tokens, in effect) for fiat (or whatever) to third party providers and/or bought e-gold (tokens, in effect) from third party providers.

Admittedly I was also allowing that I myself could in principle also run such a third party provider business on the side, but the point was it that would be entirely separate from the actual Open Transactions (or nowadays, Stellar and/or Horizon, maybe someday Ripple and/or NXT etc etc etc) setup.

In fact back in the Open Transactions system I divided my hoards of coins in half, creating tokens for only half of them, precisely so that once I created the tokens the actual coins represented by tokens would "never" need to move, rather than un-freezing coins from cold wallets, deleting tokens, to "cash out" tokens I had half my coins still on hand to "buy" the tokens with, leaving the coins the tokens actually represented in cold storage so that the tokens continued to represent actual coins on hand even after I had bought back the tokens myself.

This had the advantage of allowing me to work with coins that had low "difficulty" without worrying about someone re-writing time, since I could wait until a client had been issued with a new set of checkpoints preventing re-writing the past before issuing tokens representing coins-on-the-blockchain, so that all the tokens issued would represent "ancient" coins, coins secured behind checkpoints, coins still in cold storage since long long ago and hopefully never to be removed from cold storage until some distant century when the heirs and assigns of the transaction server might decide there is no longer any need for tokens representing such coins so finally they could shut down the system, dig up the cold-stored coins the tokens represent, and delete all the tokens, redeeming them for the actual coins.

This whole approach seems to me much safer than using web pages, especially "not ready for production use" web scripts, to dynamically create and destroy tokens as actual coins-on-the-blockchain come and go.

The downside though is the total number of tokens available representing each type of coin is thus limited by the number of actual coins I had on hand originally of each type and had had on hand since before the checkpoints coded into the latest versions of the clients. This created a kind of bottleneck, a limit to how large an individual trade could be, since it would be limited to the total number of tokens I had issued, which in turn tended to be only enough tokens to represent half the coins I had on hand, so that I could buy back all the tokens myself with the other half of my coins without needing to dig up out of cold storage the specific individual coins the tokens represented.

I should warn you though that in moving to the Stellar and Horizon platforms I have not adhered strictly to this "only represent half the coins on hand" system, especially with coins I do not really have a whole lot of actually on hand.

To ameliorate the "problem" of having to actually get hold of me and get me to manually cash-in or cash-out coins, the Galactic Milieu supports "guilds", "clans" and the like (generically, "groups") whose guild-officers typically handle liason with me, so normal everyday folk need only deal with their guildmasters, clanmasters or whatever, whom they presumably are normally frequently in touch with in the course of the game. Some guilds, clans, nations or whatever even run their own "banks" using Cyclos or other free open-source banking systems to handle finance among the members of their "group". Contact your own guild, clan, nation etc officers for details of how your "group" goes about such matters.


-MarkM-

Why do you want to change it yet again?

The hardfork you just released isn't even in effect yet.

Since folks in the Galactic Milieu use GPL, I have it set up in Stellar network so players can trade it, see http://makemoney.knotwork.com/stellar/gpl/

I have set up bunch of such things in both Stellar and HORIZON, links branch from the root page of http://makemoney.knotwork.com


-MarkM-

What would it take to get DeVCoin supported by https://github.com/btcpayserver/btcpayserver ?

Do devcoin nodes have all the pre-requisites that would be needed for them to work with that?

-MarkM-

Does the code still use the "dvcstable01.dvcnode.org" etc hostnames? We used to have hosts 01 through 10 hard-coded,
if that is still in use then REALLY-STABLE nodes should also maybe be assigned one of those hostnames?

Since I control the DNS for the dvcnode.org domain ultimately it comes down to me to plug in those names.

-MarkM-

I still have dvcstable01.dvcnode.org running, but have not had dvcstable02 nor dvcstable06 running for quite a while now, ever since my previous server-host scammed me and I lost the three servers I had with them. I do expect to get more servers eventually now that I have seen this one seems stable, but since I only ever seemed to get paid shares for maintaining one node I haven't been in a big hurry to bring back up the other two.

I have a bit of interest myself in which are online, since I control the DNS for the dvcnode.org domain that exists for the purpose of providing fixed names the code can use to look for nodes at, so if any of the dvcstable## hostnames used in the code are no longer intending to be online maybe they need to be re-assigned to nodes that ARE intending to stay online.

I probably do have at least one node online in at least one one of my houses at any given time that has router set to route incoming contacts, and as I get internet up at more of my houses that will probably increase, but the dvcstable hostnames were for actual datacentre-hosted dedicated servers I have not pointed those names at any of my home nodes that are on dynamic-DNS hostnames.

-MarkM-

As well as "DevCorp" whose mandate is to try to help the value of DeVCoins, I recalled there was also an entity we just called "DVC" that had been intended to try to become an actual warchest / treasury for DeVCoin, in the sense that just like you can add up the value of a nation or Corp's holdings and divide by the number of shares or coins to determine the value of a share or coin, we would eventually be able to add up the value of the holdings of this entity we called "DVC" and divide by the number of DeVCoins in existence to determine the value of a DeVCoin.

As of the first of June 2018, my records show the purported value of this "DVC" entity to be 4533130490.95700725 DeVCoins, based on the valuation of DeVCoins implied by today's "Latest rates include-file" ( http://galaxies.mygamesonline.org/latestrates.inc )

Here is the current contents of that file, since it is updated periodically:


As you can see from the fact that DVCrate is shown as 1.00000000, in this version of the file everything is priced in terms of DeVCoins.

By working backwards from these "prices of other things in terms of DeVCoins" you can of course compute the value of DeVCoins in terms of these other things.

The value of this entity "DVC" that is trying to become in effect the treasury of the DeVCoin nation, or the holdings of the DeVCoin Corp, mean only somewhat over four point five billion devcoins can actually be "backed" (by this entity alone with no help from anyone else) at the current purported value/price of DeVCoin as purported by the "Latest rates include file".

Interestingly though, there is another Corp associated with DeVCoin: the Corp named DevCorp. Its mandate is to try to uphold and increase the value of DeVCoins.

Particularly interesting is that following this same monthend that produced the above figures, DevCorp's holdings are supposedly worth 614558188852.63372417 DeVCoins, not only shown in the Corp Values page at http://galaxies.mygamesonline.org/companies.html but also by the entry for sDVC (Shares of DeVCorp) in the Latest Rates Include File. (It shows the value of a share of DeVCorp as sDVCrate, 614558.18872138, and there are, as reported in the Corp Values page, one million shares.)

Thus it kind of looks like maybe the simplest way for DeVCorp to fullifill its mandate of aiding / increasing the value of DeVCoins could be to either donate stuff to the entity we have been calling "DVC" or to take its place as the supposed "treasury" or "warchest" or "total holdings of the nation or Corp who issues and therefore presumably/hopefully backs with its full faith and fortunes the currency known as DeVCoin"...

Hmmm. I have to look into this more and think about it more. Maybe the entity we have been calling "DVC", which probably was instigated by DeVCorp, simply needs to invest some of its holdings in better-earning or faster-appreciating things than it has been.

-MarkM-

P.S. I suspect the above means DeVCoins are extremely undervalued, thus that they might well go up soon. Thus everyone who owes debts denominated in DeVCoins probably should make a concerted effort to pay them off as fast as they can while DeVCoin is so cheap. This suggestion is of course aimed especially much toward those folks who are between them in debt to the General (aka Galactic) Financial Corp (GFC) to a total (as of the same monthend used above) of 2286734117044.66566998 DeVCoins.

See also my Horizon and Stellar assets lists at http://makemoney.knotwork.com/

-MarkM-

True, CoiLedCoin, GRouPcoin, GeistGeld, TeneBriX and FairBrix are ll still in play.

Check out my Horizon and Stellar assets lists at http://makemoney.knotwork.com

-MarkM-

I notice an increase in nodes, not sure how many actual new users that is but several new nodes came online recently. Same with GRouPcoin.

It is certainly not a dead coin.

Check out my lists of supported assets for Horizon and Stellar networks at http://makemoney.knotwork.com/

-MarkM-

It seems the one I have been using for years is https://github.com/domob1812/ixcoin.git

I did a git pull on it and did see something about a mining fund go by in the text it spat out.

-MarkM-

So to get the new wallet do I just do a git pull to get latest version?

Or is the same old github repo in use for years no longer being kept up to date?

-MarkM-

There are lots of coins for sale. I lost hundreds of thousands to Cryptsy yet still I do liquidity-providing on all three exchanges IXCoin is still on.

I also lost everything on Cryptopia yet am still building back up on there albeit it is taking a while.

I just hope all this talk about a hardfork isn't going to lose us the exchanges, did any of them get onboard with the idea at all?

-MarkM-

Shouldn't you be using the dev-messages thing to make all the clients warn their users that there is a new version and whether or not they MUST update to it?

That is kind of the point of that message feature isn't it?

Or does this coin not have such a feature?

By the way, I have set up United SciFi Coin onto the STELLAR network as asset "USF" with anchor (trust line) GBHAQ252S4Z4AQOM4BWIRC3UHAOJIKCZQBUJGD336YH2O7W2NKRXMHA5

It and the other assets I have set up there, including several other sci-fi themed coins, are listed at http://makemoney.knotwork.com/stellar/

I expect to also add the SCI-FI coins, including this one, to the HORIZON network, probably as "assets" rather than "currencies" since creation of "currencies" in Horizon seems to be broken, then you will see them added to my lists at http://makemoney.knotwork.com/horizon/

The advantages of STELLAR over HORIZON are that you can trade anything against anything (platform's native coin, Lumens, do not have to be part of every trading pair) and that fees seem to be tiny. Also, at least in theory, it should enable "converting" any currency/asset to any other currency/asset, given enough pathways (trading pairs).

The advantage of HORIZON over STELLAR is that you do not have to "tie up" native currency to create "trust lines", thus do not need to have native coins (HZ) "tied up' per currency or asset you wish to work with.

Because HORIZON (HZ) does not seem to be on any mainstram, web-based "exchanges" anymore, I have implemented an HZ asset on STELLAR.

-MarkM-

In case any of you were unaware of the fact, or had forgotten it, DeVCoin, like several others of the earliest altcoins, especially those that are merged-mined alongside BiTCoin, is one of the coins used in the Galactic Milieu.

In the past that had mostly meant that it was among the assets supported by the Digitalis Open Transactions server, and thus that historical tables and charts of its value in terms of various other such assets, and of theirs in terms of it, are maintained online at http://galaxies.mygamesonline.org/digitalisassets.html

However, getting Open Transactions to a point where "grandmothers can use it" has still not happened, so I have branched out into two other platforms: HORIZON and STELLAR.

HORIZON (HZ) used to be traded on Poloniex, however they delisted it while I was still in the process of migrating to it; thus I looked around for yet another alternative platform to use and settled on STELLAR, which is still traded on several mainstream, website-style exchanges, as shown at https://coinmarketcap.com/currencies/stellar/#markets

Since HORIZON does not seem to be listed anywhere else currently, I have added it to the panoply of assets I support on the STELLAR platform.

I am still in the process of documenting the assets, that is, I have actually already set up more than those I have so far documented at Makemoney Knotwork, so re-visit the lists periodically to check what new assets I have been adding.

The list of HORIZON assets is at http://makemoney.knotwork.com/horizon/ and the lists of STELLAR assets and currencies are at http://makemoney.knotwork.com/stellar/

-MarkM-

One of the main uses for this coin is as an anagathic (anti-aging) drug in games that feature individual characters subject to aging or military or diplomat units sufficiently experienced that keeping the average age of the people forming the unit from advancing too far or too fast is worthwhile.

How well this works will probably depend on how attached players are to particular characters as compared to simply having their loot be inherited by a younger character they create to take the place of the aging one.

-MarkM-

Remember that we have a dedicated domain, dvcnode.org, whose purpose is to provide links to stable nodes, and that it does so by pointing the hostnames dvcstable01, dvcstable02 etc to such nodes.

I used to have three nodes on there, dvcstable01.dvcnode.org, dvcstable02.dvcnode.org, and dvcstable06.dvcnode.org, but then I lost my hosting and have so far only set up one new server with a new hosting-provider, so right now I only have dvcstable01.dvcnode.org up and running. I am happy with my new hosting provider though so am thinking of asking them if they can provide two more servers both independant, that is, located in different datacentres with different power sources etc so if one of their datacentres goes down the others should not.

I am wondering whether the other stable host names are still pointing to valid stable servers or not, as it seems like a long long time since I was last asked to update any of those hostnames.

I also wonder if those hostnames are still built into the source code, I think we used to have dvcstable01 through dvcstable10 hard-coded.

Since I seem to be seeing reports of recent wallets not being able to find any connections I am thinking hmm how come they cannot at least connect to dvcstable01 since as far as I know that host has been up reliably for a long time...

-MarkM-

Is that big column maybe the total of all the others? Like maybe it is the real total, the exchange's account, and the others show how it is divided up among users?

-MarkM-

None of the usual website-type public exchanges that I know of.

But it is itself a platform upon which it can be traded for any of the assets listed on it, and of course it is easy enough to issue tokens for it on Stellar or other platforms...

Source code for it and other coins I use is available through my http://LFM.knotwork.com/ site, and adding dvcstable01.dvcnode.org to its peers-to-connect-to list should get you connected to its network...

-MarkM-

NXT does not appear to let me offer trades of one made up asset versus another; it insinuates its own native currency into every pair.

That means everything's price has to be figured out in terms of NXT, and that we can only trade our made up assets for each other if one of us somehow has enough NXT to supposedly match the value of the asset.

Also, creating assets can get expensive with NXT and its clones.

Pick a clone with cheap native currency and it is hard to offer to trade two of your 3-bedroom townhouses for one of your buddy's six-bedroom townhouses unless one of you had so much of the native currency you could actually match the native-currency price of such a thing.

But yeah, I do also use HORIZON (a NXT clone), since its native currency is so cheap (especially since it got unlisted on Poloniex). It is useful for folks who trust each other and can make their offers to one-another on some sidechannel then just send each other the agreed assets instead of using the built-in offers system. Using NXT for that would be un-necessarily expensive unless maybe it costs less NXT to create an asset these days than it costs HZ in HORIZON?

-MarkM-