tldr; dud, devcoin is bit boring, confusing and incoherent atm, and ranking in 50000 coins per block, the smell is faintly scammy
tldr; very good idea, some poor execution (DEVelopment) EDIT yes the aution site does look good

Devcoin  - an ethical cryptocurrency

The purpose of the devcoin is to give money to open source developers for their work in as fair a manner as possible.

Devcoin takes a different approach. Only 10% of newly created Devcoins (DVC) are paid out to miners, through merged mining alongside Bitcoin (meaning that people can mine both Bitcoin and Devcoin on the same machine, at the same time). This is sufficient to secure the network, but leaves 90% of newly minted coins left over, which can then be given out for free to open source developers—and also creative commons media producers.

Payouts and bounties

Newly created coins are paid out in the form of bounties, designed to encourage the development of a wide range of open source projects from new software, to hardware products such as new forms of 3D printer. There are even tentative future plans to finance a bounty for the development of a single seater open source spacecraft capable of exiting and re-entering the earth's atmosphere! Developers can also earn DVC through the Devcoin and Bitcoin share lists, which reward active open source developers within the cryptocurrency community.

New web services are also under development which will allow anybody to create or to help fund bounties for new projects.

Writers can also earn Devcoins by contributing articles to the Devtome wiki. All work submitted to Devtome is published under a Creative Commons license. Quality is maintained through a ratings system, and writers' compensation is calculated according to their quality rating and the number of words published.

Earned Devcoins can then be spent at a small but growing range of online retailers, or changed for other currencies through an exchange.

Licenses for programming and hardware which qualify for devcoins are the AGPL, Apache, BSD, GPL, LGPL, MIT, public domain, and unlicense. Web code must be licensed under the AGPL, to close the web services loop hole, it could also be dual licensed.

http://devcoin.org/how-devcoin-works.html
http://www.devtome.com/doku.php?id=devcoin_bounty_now
http://coinzen.org/index.php
http://coinzen.org/index.php/board,49.0.html
http://www.devtome.com/
http://www.devtome.com/doku.php?id=bitcoin_share_list
http://www.devtome.com/doku.php?id=devcoin_share_list
http://www.devtome.com/doku.php?id=earn_devcoins_by_marketing
http://coinzen.org/index.php/topic,329.0.html
http://devcoinproject.com/

http://dvccountdown.blisteringdevelopers.com/
http://monetas.net/products/
https://github.com/FellowTraveler/Open-Transactions/wiki

http://devcoinauctions.com/
http://devcoinblockexplorer.info/ insight is an open-source Devcoin (Bitcoin) blockchain explorer
https://github.com/bitpay/insight
http://coinzen.org/index.php/board,87.0.html


A-C please message Dinkleberg
D-G please message FuzzyBear
H-L please message Ninthaxis
M-O please message Papacrusher
P-S please message Unclejed613
T-Z please message Wiser

aegis

The most challenging thing for many crypto currencies, is finding wider acceptance outside the existing crypto community and actually getting people to engage with the coin.

Devcoin addresses this challenge by providing support for the development of Open Source projects.
By supporting Devcoin projects and promotion directly through bounties and administration shares,
Devcoin enlists skills and talents to the Devcoin cause.

projects include the creation of the
Devcoin Auction
Animated Devcoin Video
Devtome Writers Award

http://opensource.org/affiliates

http://opensource.org/affiliates/list

http://opensource.org/sponsors

Affiliate Name            Date Joined
Apereo Foundation   2013
Association Francophone des Utilisateurs de Logiciels Libres   2012
CENATIC   2012
Creative Commons   2012
Debian   2012
The Document Foundation   2012
Drupal Association   2012
Eclipse Foundation   2012
FreeBSD Foundation   2012
Friends of OpenDocument   2012
inBloom   2014
Joomla (Open Source Matters, Inc.)   2012
KDE eV   2012
Linux Foundation   2012
Linux Fund   2012
Linuxfest Northwest   2014
MariaDB Foundation   2013
Mozilla Foundation   2012
The New Zealand Open Source Society   2012
Open Source Software Institute   2012
Open Source Sweden   2012
Outercurve Foundation   2012
OW2   2012
Plone Foundation   2012
Python Software Foundation   2012
Sahana Software Foundation   2012
SOUJava   2012
Tiki Software Community Association   2012
Wikimedia Foundation   2012
Wikiotics   2012

http://opensource.com/

tldr;
free to collaborate, free to create

tldr;
pretty picture, nothing there


The open source way is...

Open exchange

We can learn more from each other when information is open. A free exchange of ideas is critical to creating an environment where people are allowed to learn and use existing information toward creating new ideas.

Participation

When we are free to collaborate, we create. We can solve problems that no one person may be able to solve on their own.

Rapid prototyping

Rapid prototypes can lead to rapid failures, but that leads to better solutions found faster. When you're free to experiment, you can look at problems in new ways and look for answers in new places. You can learn by doing.

Meritocracy

In a meritocracy, the best ideas win. In a meritocracy, everyone has access to the same information. Successful work determines which projects rise and gather effort from the community.

Community

Communities are formed around a common purpose. They bring together diverse ideas and share work. Together, a global community can create beyond the capabilities of any one individual. It multiplies effort and shares the work. Together, we can do more.

COMMUNITY MANAGEMENT sftwr

https://trello.com/b/s0hEvXYH/current-goals

http://www.projectlibre.org/
 open source replacement of Microsoft Project!   InfoWorld just awarded ProjectLibre "Best of Open Source Software" and Opensource.com named ProjectLibre to the list of "Top 10 open source projects for 2013"

http://www.libreplan.com/
The open source web application for project planning, monitoring and control

https://openproject-demo.org/
Efficiently plan, steer, and communicate
within your projects. Be part of a worldwide
community of open source enthusiasts.

http://www.project-open.com/
]po[ is said to be used by over 6,000 companies worldwide. A full installation is based on over 100 open source packages including a Linux distro, Postgre SQL, TCL as it’s main language, Perl for system integration, and many more. It supports integration with 30+ packages such as OpenLDAP, OpenOffice, ProjectLibre, and others.  

OS programers board .. ex ..
http://www.fiverr.com/
https://99designs.com/
https://code.google.com/
https://github.com/

ROADMAP

https://updown.bt/#updown
https://updown.bt/#updown

ROADMAP

Open Community
Open Modes of Communication and Collaberation
Open Code Development
Open Commercial Enterprise
Open Charity Enterprise are Cooler
Coordinated by the Community
Foundation Open Source Fund (Open & Voluntery)

http://pastebin.com/

https://github.com/about
Over six million people use GitHub to build amazing things together. the world's largest code host

1. MONEY IS A QUESTION OF FAITH
Do you believe in the power of open source development/works?


currency = medium of exchange = token = coin
that carries a charge, a value, a unit of account

extractive money = taken from the Earth
Gold and silver and copper, salt, wheat, meat, hides, petrol etc


what can stores value? NUMBERS
intrinsic value (no)
interchange-able/fung/standardized
portable
divisable

free market exchange  ... real trade
Rights of redemption ... promisary notes

velocity of coin    =  expansion of base M by rapid exchange
inflation of  coin  =  expansion of base M by coin count

base M = the money stock

research / notes

post below

---

---

MAIN
https://bitcointalk.org/index.php?topic=268705.msg6611668#msg6611668

Nautiluscoin Ocoin Stabilization Fund:
 
Ocoin  Trading and Stabilization Operations

One percent of Nautiluscoin Ocoin was purchased on the open market and is used to establish the Ocoin Stabilization Fund (OSSF).

The OSSF will actively make a market to ensure a stable growth pattern.

The goal of the OSSF is to reduce price volatility while providing steady price appreciation.

By allowing for price appreciation, the OSSF will combat the effects of inflation on purchasing power.

Explained

currency as a commodity that should compete for acceptance.  
competition creates the strongest currency


use either a currency peg system or daily band.

However, as we have seen countless times these systems are flawed. Once the market realizes the entity responsible for maintaining the peg is under-capitalized people abandon the currency. For a real life example we need not look any further than the breaking of the Bank of England. - it can be overwhelmed.


A Real Life Example

The creation of the Get OSC shirts is a real life example of why a stable currency is needed.  Between production and shipping the shirts will cost around $18-20 -charging 2000 OSC for the shirts, which at current exchange rates is about $18.  If miners decide to sell and the rate drops to 0.0001 BTC then value 2000 OSC drops to $9, leaving loss of $11 per shirt.


O Coin Multi-Pool

multi-pool has a one primaray goal:

Increasing the value by mining the most profitable alt-coins and exchanging them against O Coins.

O coins will be paid out to the miners of the multi-pool.

---

sovereignty
the nation state (king,warlords)
force use by monopoly of law/law enforcement
demand usage in the market and tribute by said coin [tax]
post 2008 currency can be created by individuals
value is gained by adoption
adoption creates sovereignty
the community
(globally distributed)
becomes a
sovereign

Advanced Block Chain Finance

creating / building / maintaining
stable financial instruments
capable of carrying vast amounts of wealth
safe, secure, on open networks

more economically efficient than Bitcoin

Roadmap
There are three keystones to our plan:
1.   Organize a Community around open source
2.   Gain Acceptance with retailers (because they want to exchange with the community)/done via OpenEx
3.   Continuous Development of coin, community, and open source codes

the key to 'true' (vs. pumped or hyped) VALUE over the long haul
long term value

useful, valuable, and innovative

supportive creative community

a strong secure blockchain
attractive features
community
on which to build trust

True value is built up from trust and a strong blockchain and takes time.
True value is built up from the solid support of dedicated developers and miners.
True value is dedicated investors and community participants in it for the long haul.


features that 'tie up' in any fashion should be implemented with caution

Quote
I tried to explain bitcoin some time ago to an older woman.  She smiled at me and said 'oh honey, that sounds wonderful but those rich people are never going to let us poor people get rich like they are'

As long as 'we' control the network, 'we' can make the rules.

Coins provide us with capital needed for growth, development, and execution of both non-profit
and for-profit projects in the crypto ecosystem.

project lead
The guy running around everywhere trying to make sure the pieces of the puzzle are coming together nicely

Core Leadership team
team managerz

community strengthens the coin?
No. community is the coin.

vision for the future
community via ownership
the reward for being part of the community is holding the coin

The idea is that we can grow our coin by creating projects where the coin can be used. 

No longer are there be countless intermediaries between investors and entrepreneurs.

Dream of developing a coin that is centered around doing good with its own identity, wallet, projects.

A loyal following of not just investors, miners, techs and developers but everyday fans alike that believe in what Ocoin stands for.
open source

food for thought

USA/UK/CA/JP
EU
RUSSIA CHINA

which ones are allowing crypto2fiat?
(nevermind the jawboning)

JP=economic blackhole GOX (silk road / 800k missing BTC / Nov-Jan bubble price fixing)
UK=deadend for ex .. GBLSE?
USA=tightly regulated
CAN=vos only for canadians

EU = AML/KYC tightening (stamp going gox//also the bankers are who?)

RUSSIA
CHINA
leading market floors

ASEAN/HK
can you say proxy
but for who

step back look at the bigger picture and recent world events:
Syria, Ukraine, a missing flight out of KL headed to China, and Siam (shin corp / Carlyle) ousted.


Lobbying the Open Source Foundation for recognition

OSC

digital autonomous corporation / co operation
self propagating self funding platform
open source software projects

a BIG community based project
those who want to contribute hold and/or develop
why not both?

continuous development project for open source software
/ OSC = operating systems community

A coin A project
based on a open set of rules
SOFTWARE THAT FUNDS ITSELF

funds are automatically distributed by code/algorithm
to the developers / writers / projects

the program funds itself
the programs fund themselves

value is increase by open trust pledges
Stabilization [timed burns / frozen / cold storage] [multipool mining/buybacks]

self funding developments
well funded open source platforms

+providing
software, servers, storage, bandwidth

+providing
volunteerism with financial rewards

+providing
services
infrastructure
data

+providing
creating blue prints for the DAC realm

what happens when you take open source and tie it to an open source funding mechanism?
you get open source coin

examples

check-ins of code (fee) per request
supply bandwidth (fee) per request
+coders work on funded github projects (sub DACs)
+sysadmins, copy writers, graphic artist work for (fee) per project/enterprise operation

circular economy
synergy >> more development >> more synergy [loop]

don't be evil
can't be evil
because code
/ there is no individual to corrupt

it is an idea
it is open to all


distributed consensus

GET open source enthusiasts involved ...  live up to the name!

a distributed team of developers and no such thing as a single authority

a kind of voting system to get an idea of the desired implementations the community has agreed upon

a transparent project development

a reward system for the developers who write the code

a framework for continuous improvement and the coordinated implementation of newer technology in terms of the general good

tl;dr
The community behind the coin is the key.

r3wt [Ocoin OSC Information: post #27 Posted 03 October 2013]

Mining                   >>https://bitcointalk.org/index.php?topic=602225  did done

good idea 

suggestion 


rank badges #1,#2,#3

also maybe link to an on going poll?

as much as howl at the moon is cool
the above is better for iconic quaility

https://en.wikipedia.org/wiki/Free_and_open_source_software
http://creativecommons.org/licenses/by-sa/3.0/

----

FELLOW COINS
dev coin
name coin
org coin
data coin
florian coin
grid coin
wolf http://insanitycoin.com/
anon, dark

ex.
Participants in the DeVCoin economy earn DeVCoins in proportion to their project development. Writers earn devcoins by writing, developers earn bitcoins by developing, Marketers earn devcoins by marketing, and Administrators earn devcoins by applying their time and effort to help organize the DevCoin project.  http://www.devtome.com/doku.php

----

PHP/MySQL developers CORE pool / operated by OSC INC

coinomat for OSC / operated by OSC INC

--

OS crowd funding module  
ex. http://crowdfund.worldcoinalliance.net


OpenSSL / OpenBSD / OpenSourceSocieties


abe https://github.com/bitcoin-abe/bitcoin-abe

https://github.com/features/

http://meta.stackexchange.com/
http://bitcoin.stackexchange.com/
http://webmasters.stackexchange.com/
http://programmers.stackexchange.com/
http://unix.stackexchange.com/
http://cs.stackexchange.com/
http://crypto.stackexchange.com/
http://security.stackexchange.com/
http://dba.stackexchange.com/
http://graphicdesign.stackexchange.com/
http://serverfault.com/ (stackexchange)
http://webapps.stackexchange.com/

misc.
http://myip.ms
notepad plus plus
simplemachines.org

AMP
mysql.com
.php.net
https://wiki.php.net/ideas

JAVASCRIPT
https://en.wikipedia.org/wiki/JavaScript

RUBY
http://rubyonrails.org/
http://rubyonrails.org/community/
apache.org
http://incubator.apache.org/

VPN.s
https://www.privateinternetaccess.com/

IRC
http://www.ircv3.org/
http://www.irc.org/


MAIL LISTS = RSS = twitter

BROWSERz
https://en.wikipedia.org/wiki/Mozilla_Foundation

INFO
https://www.mediawiki.org/wiki/MediaWiki

LANGUAGES
https://en.wikibooks.org/wiki/JavaScript


OS
http://www.freedesktop.org/wiki/
http://www.freedesktop.org/wiki/NewProject/
https://bugs.freedesktop.org/

http://www.linux.org/

http://cosmos.codeplex.com/ © 2006-2014 Microsoft
http://json.codeplex.com/

https://en.wikipedia.org/wiki/Cosmos_%28operating_system%29
http://www.codeplex.com/ CodePlex is Microsoft's free open source project hosting site. You can create projects to share with the world, collaborate with others on their projects, and download open source software.

https://en.wikipedia.org/wiki/List_of_operating_systems
https://en.wikipedia.org/wiki/Berkeley_Software_Distribution

LABS
http://www.ubuntu.com/cloud/ecosystem/ubuntu-openstack-interoperability-lab OIL
https://en.wikipedia.org/wiki/MIT_Artificial_Intelligence_Laboratory
https://en.wikipedia.org/wiki/CSAIL
https://en.wikipedia.org/wiki/CERIAS
https://en.wikipedia.org/wiki/Cognitive_Technology_Threat_Warning_System

----

UBUNTU
http://www.ubuntu.com/
http://www.ubuntu.com/partners/partner-programmes
http://www.ubuntu.com/partners/ubuntu-certified


DEBIAN
http://www.debian.org/

Software in the Public Interest, Inc.
http://www.spi-inc.org/

GNOME
https://www.gnome.org/applications/
https://www.gnome.org/foundation/

SUSE
https://www.suse.com/

http://www.fsf.org/
https://www.gnu.org/philosophy/free-sw.html

http://www.linuxfoundation.org/

http://www.softwarefreedom.org/

List your wish list of projects/groups/communities to partner with 

revive this exchange -- yo 

i will trade 4 uni  PM

rrrrrrrrr I propose to sit on this for 3 months until 4-8-2014, and then launch a community forking. rrrrrrrrrrr


  los senores hava a speak'd

v0.7.0.0 /is it ok?

Monetary Base

The Monetary Base of a currency is the total number of units of a currency that are in existence. The monetary base can expand or contract. Expansion happens through mining and minting, while contraction occurs if a wallet is permanently lost, or by long term cold storage.

Market Fundamentals

The cryptographic currency market can naturally be seen as part of the greater foreign exchange market which includes all  fiat currencies, stocks, bonds, and commodity contracts.

Market Capitalization can simply be seen as the total amount of capital that has been invested into a currency.  Market capitalization is calculated by multiplying the unit price by the number of units.  From an investment point of view, market capitalization is a measure of popularity but not necessarily profitability.  Investors are primarily concerned with the unit price because this is the direct value of what they hold. If the capital inflow is directly balancing against the expansion of the monetary base (paying the maintenance cost) we will see an increase in market capitalization over time, without an increase in unit price.

Capital flows can be understood when we realize that there are many different reasons to hold a crypto-currency.

OSC can be held to spend/donate, held to save value/store of wealth, held to invest in the concept/enterprise, and used to move funds from one person, place, or market to another.

Each of these actions has an implied positive effect on the market capitalization. But can OSC fill all roles?

No one crypto-currency cannot fill all roles, perfectly.

We must look at the ideal fundamentals for each role.

A store of wealth currency  must have a low inflation rate to preserve capital and reduce volatility, and can encourage holding by providing interest.

A market currency must encourage spending by inflating to match the size of its expanding economy as more participants hold to spend.

A market currency should have a high inflation rate to encourage liquidity and high volume access to many different markets.

An equity currency should be undervalued and have growth potential.  Plus a means to pay dividends to holders.

A transmission currency must have liquidity and high volume in many global locations/exchanges and converted with ease from crypto to fiat.

/ store
/ spend
/ enterprise invest equity
/ transmission wire

the balance
store / enterprise invest equity / <<>> spend / enterprise services / transmission wire

As more people learn about the utility crypto, rising demand will come from community members who are interested in either storing wealth, or investing to profit from such demand.

This new phase which leaves volatile inflation behind can be called the capitalization phase. During this phase of the OSC’s lifecycle there will be many opportunities for skilled investors to provide liquidity where the price rises too quickly, and to provide demand when a low price does not correctly reflect its potential.

The fundamental shift that drives this capitalization will be a demand for real crypto-currencies which represent an honest and fair medium of exchange PLUS wealth storage.

PLUS a coin which creates a new economy and new industry. Open Source tools and platforms and Tech support for such technologies.

A reliable store of wealth is a necessary part of a healthy crypto-ecosystem and we will see the demand rise as markets shift from the legacy debt-based economy to a fair and open economy enabled by these OPEN technologies.

As  the crypto-ecosystem continues to mature, trust is built amongst the community attracting the attention of larger holders of capital.

This general progression may go from hobbyists, miners, and small investors, to small business, large businesses, multinational corporations, financial institutions, and sovereign entities. There are no distinct lines that are crossed but each group influences aggregate demand throughout the capitalization phase.

Investors provide liquidity as the new demand is realized. This process helps to stabilize the overall price trajectory as capitalization continues through a changing demand profile.

The greater the trust in Open Source’s ability to store wealth, the more stable its value measured against other commodities becomes. The capitalization phase will eventually give way to the long term store of wealth phase in which Open Source may gain recognition as a safe haven asset.

wiki coin is a great idea

time for a community takeover