FinShaggy (OP)
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May 20, 2013, 03:36:56 PM
Last edit: May 20, 2013, 04:27:50 PM by FinShaggy |
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We are around block 90100, meaning that there are about 1900 blocks left to the next payment  So get your 1,000+ words in |
If everyone is thinking outside the box, there is a new box.
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FinShaggy (OP)
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May 22, 2013, 04:49:45 AM |
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If everyone is thinking outside the box, there is a new box.
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DiamondCardz
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May 24, 2013, 09:38:25 PM |
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I just registered an account, I should be able to start writing tomorrow I really like DevCoin so far, hopefully it'll pick up momentum! |
BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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FinShaggy (OP)
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May 24, 2013, 09:43:55 PM |
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I just registered an account, I should be able to start writing tomorrow I really like DevCoin so far, hopefully it'll pick up momentum! It will There are now like 3 YouTube videos about it, and more coming soon Plus there are more ways to use it now |
If everyone is thinking outside the box, there is a new box.
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DiamondCardz
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Activity: 1134
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May 24, 2013, 09:50:36 PM |
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I just registered an account, I should be able to start writing tomorrow I really like DevCoin so far, hopefully it'll pick up momentum! It will There are now like 3 YouTube videos about it, and more coming soon Plus there are more ways to use it now Also, is there an official place to download the DevCoin wallet? I'm using an exchange atm and I know it's not going to work with devtome, but all the dl links i've found so far are sketchy :L |
BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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FinShaggy (OP)
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Activity: 196
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May 24, 2013, 09:59:29 PM |
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I just registered an account, I should be able to start writing tomorrow I really like DevCoin so far, hopefully it'll pick up momentum! It will There are now like 3 YouTube videos about it, and more coming soon Plus there are more ways to use it now Also, is there an official place to download the DevCoin wallet? I'm using an exchange atm and I know it's not going to work with devtome, but all the dl links i've found so far are sketchy :L Search "Wallet" on Devtome, there are some links. |
If everyone is thinking outside the box, there is a new box.
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DiamondCardz
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Activity: 1134
Merit: 1112
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May 24, 2013, 10:04:12 PM |
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I just registered an account, I should be able to start writing tomorrow I really like DevCoin so far, hopefully it'll pick up momentum! It will There are now like 3 YouTube videos about it, and more coming soon Plus there are more ways to use it now Also, is there an official place to download the DevCoin wallet? I'm using an exchange atm and I know it's not going to work with devtome, but all the dl links i've found so far are sketchy :L Search "Wallet" on Devtome, there are some links. Thanks, installing it now! |
BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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FinShaggy (OP)
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Activity: 196
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May 24, 2013, 10:11:22 PM |
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I just registered an account, I should be able to start writing tomorrow I really like DevCoin so far, hopefully it'll pick up momentum! It will There are now like 3 YouTube videos about it, and more coming soon Plus there are more ways to use it now Also, is there an official place to download the DevCoin wallet? I'm using an exchange atm and I know it's not going to work with devtome, but all the dl links i've found so far are sketchy :L Search "Wallet" on Devtome, there are some links. Thanks, installing it now! No problem. |
If everyone is thinking outside the box, there is a new box.
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FinShaggy (OP)
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May 25, 2013, 06:55:52 AM |
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Nice. It's not a set amount, it's based on shares. |
If everyone is thinking outside the box, there is a new box.
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panosgr83
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May 25, 2013, 07:06:29 AM |
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I don't quite get the concept... Perhaps a small scenario will do the trick.
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FinShaggy (OP)
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May 25, 2013, 07:36:42 AM |
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I don't quite get the concept... Perhaps a small scenario will do the trick.
Every round there are 180,000,000 coins to be shared. Each 1,000 words = 1 share Last round 500,000+ words were written, so it was 180,000,000/500+ So each share was like 350,000 DVC Your personal payout can't be calculated until they start running the script. |
If everyone is thinking outside the box, there is a new box.
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DiamondCardz
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May 25, 2013, 07:38:30 AM |
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You get 1 generation share per 1,000 words. Every round, which is around every 1-2 months, Devtome receives 180,000,000 DVC from the miners. (Because 90% of the generated coins go to places like Devtome). The DVC is split up depending on the amount of generation shares. In round 23 there were 501 generation shares, so the average number of devcoins per share was 180,000,000 dvc / 501 = 359,281 dvc, at the prices of the time that was $76. In round 22, there were 125 shares, so a generation share was 180,000,000 dvc / 125 = 1.44 million devcoins. The value at vircurex was 1.48 mbtc/dvc, which worked out to 2.13 btc. At the mtgox price of 93$, that worked out to 198$. EDIT: This round will be calculated in sixteen days from now, this is your chance to get some free DevCoin! EDIT2: Before, one generation share fetched a whopping $500: https://bitcointalk.org/index.php?topic=34586.msg1890430#msg1890430 |
BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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DiamondCardz
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Activity: 1134
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May 25, 2013, 08:00:23 AM |
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Slowly making progress on my first article ^_^  Already sent the first 50 words to FuzzyBear to have it reviewed. Going to go have some breakfast, hopefully I can bring this up to a 1,000 word article ;P Another question: Say I write a 200 word article, then a 300 word article, then a 500 word article. Do the articles all add up and form 1 generation share? |
BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
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FinShaggy (OP)
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May 25, 2013, 02:25:21 PM |
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Slowly making progress on my first article ^_^ Already sent the first 50 words to FuzzyBear to have it reviewed. Going to go have some breakfast, hopefully I can bring this up to a 1,000 word article ;P Another question: Say I write a 200 word article, then a 300 word article, then a 500 word article. Do the articles all add up and form 1 generation share? Nice. And yes, the words add up. |
If everyone is thinking outside the box, there is a new box.
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Boelens
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May 25, 2013, 02:36:54 PM |
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Oh my god, this is a-ma-zing! I absolutely LOVE writing, anything, serious articles, essays, from fictional stories! And now I can get DVC for it?! I've got to send a PM to this FuzzyBear, I like him. This is cool!
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FinShaggy (OP)
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Activity: 196
Merit: 100
Google/YouTube
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May 25, 2013, 02:39:42 PM |
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Oh my god, this is a-ma-zing! I absolutely LOVE writing, anything, serious articles, essays, from fictional stories! And now I can get DVC for it?! I've got to send a PM to this FuzzyBear, I like him. This is cool!
I felt the SAME way when I first figured it out I'm basically still that excited about it Good Luck  |
If everyone is thinking outside the box, there is a new box.
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TheSwede75
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May 25, 2013, 02:48:49 PM |
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PUBLIC SERVICE ANNOUNCEMENT: If you ever want to make the coins you have stashed more valuable, what you need to do is this: When you earn your coins (let's say 5,000,000) save 1 million in a wallet. Sell 4 million to make money. Then spend the money from 2 million of those coins, to buy 1 million coins at 2x the price. Now your coins are more valuable So basically you are telling people to collude and build value just like a Pyramid or Ponzi scheme. Ok, got it. Seems honest and a great idea for a coin that is a developer effort.  |
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shakezula
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May 25, 2013, 02:51:04 PM |
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PUBLIC SERVICE ANNOUNCEMENT: If you ever want to make the coins you have stashed more valuable, what you need to do is this: When you earn your coins (let's say 5,000,000) save 1 million in a wallet. Sell 4 million to make money. Then spend the money from 2 million of those coins, to buy 1 million coins at 2x the price. Now your coins are more valuable So basically you are telling people to collude and build value just like a Pyramid or Ponzi scheme. Ok, got it. Seems honest and a great idea for a coin that is a developer effort. FinShaggy speaks not for the DVC foundation, keep that in mind. His opinions on DVC are driven by his passion for the coin. No different than anyone else who promotes their coins... |
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