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Author Topic: Devcoin  (Read 368904 times)
termhn
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April 29, 2013, 07:35:27 PM
 #1961

Already posted before but it got buried under a bunch of posts:

I have another question. What exactly is eligible for a bounty? Any open source piece of software? What are the limits? Does it extend to software like a game? Thanks!

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April 29, 2013, 07:40:09 PM
 #1962

If the vast majority of all shares are going to go to writing on devtome, that is going to water down the amounts allocated for hosting and for developers quite a bit.

Disclosure: I get admin and developer stipends. Cool

-MarkM-

EDIT: My anecdotal "impression" was that writing articles totally from scratch on the spot making them up as I went I was making probably about a share an hour, sure as heck not a share per ten to forty hours. Maybe it was really more like a share every two hours. But I dunno, I didn't put many hours in on articles but some rounds I got quite a few shares for them. (More than for admin plus developer but for maybe less hours put in.)


Hehe everyone making sure they get their share of coins this round Smiley

but i have to say I agree the idea of writing 1000 words takes me about 1 -2 hours whereas to develop some app and maintain it is more like the 10 hours + and i'm "supposed" to be a developer Tongue Also for the record I am an admin and I have spent more time doing admin work this month than writing but will be getting more share from writing than admin work...

I would say that I think the max word limit is good 80K for this round sounds good...

Perhaps it is something then to set in place for all rounds here after as well.... and also with it a new tier writing system... just writing what i thinking here but say 1000 words earns u 1 share that round... to get next share u need to write 2000 more so 3000 words total 2 shares that round.... to get the 3rd share u need to write 3000 words more so total 6000 words... then 4000 words more for 4th share ...etc etc... or would that not encourage people to write lots? or would just upping the word count to 1 share per 5000 words?

..
My views would be:
if a trans-script of an open source TV program then this should get 3/5 share for collated work,
if a complete trans-script of an copyrighted TV program then this posting should NOT be allowed,
if a part trans-script of an copyrighted TV program then this posting should be allowed within reason... say limit the earnings to max 1 share, or 3/5 share

For transcripts, that is someone else's work, so it must not go into devtome at all.

However, reviews of other work is an intermediate category. Reviews can be written faster than original work, and are not as valuable. I suggest another payment category besides the current Collated and Original. It would be Review, and its value would be decided by voting.

Should there be a Review category?


Ok yes sorry u are right.. transcripts are not allowed at all... and agreed I think there should be a review category... with sub cats of Flims and TV series, Books and Music I guess plus any others people think good for now.

Also I think there should be a science category... have a bunch of science experiments some with videos that would be nice to share if anyone got any objection to that? Also perhaps a "Research" or development category where it would be nice to see more info on some of the devcoin projects that are perhaps in the pipeline for future technology etc... suppose I should go make the categories on devtome then and stop talking about it Tongue

Anyways good times to be into devcoins Smiley seems to be my favourite coin at the moment Smiley anyone else think the same?? Tongue

Edit: Finshaggy posting

Should there be a Review category?

I'm thinking a "Deview.com".

We should be making sister sites for all this stuff and do it like:
Out of 180 mil total
100+ mil goes to Devtome
X mil goes to the review site per round, and is divided amongst the critics based on word count, then eventually traffic
X mil goes to picture submission site per round, each picture is worth X DVC or a share, then traffic eventually
X mil goes to video submission site per round, 1 min or 1 video is 1 share, then traffic eventually
etc


I'm not suggesting it be done this moment. I just think this is a better option than making sections.


I like the url Deview.com very clever Smiley ...maybe little to soon for sister site, no reason why can't get all content on one site for now... if need to... then can launch sister site would be my thoughts, but feel free to shout me down Smiley



Already posted before but it got buried under a bunch of posts:

I have another question. What exactly is eligible for a bounty? Any open source piece of software? What are the limits? Does it extend to software like a game? Thanks!

this was answered here by markm right after ur post...

Quote
Bounties are for items the devcoin project itself needs.

Things like free open source games, music, hardware, whatever, that is not something this project itself directly needs to have done, aren't rewarded with bounties they are rewarded after the fact (well, more like during the fact, I guess) by adding the creator or dev team to the receivers list.

So for example if you gather a few friends and form a team to create a free open source game, at some point along the line it might be noticed your game is popular and useful and the team is putting in 40 hours a month or more on it, and the team might be given a spot ion the receivers list; how they would divvy up the resulting coins among the members of the team is left up to them I guess, usually by putting their designated "team leader" or "lead dev" on the list and letting them divvy it up, maybe?

In the case of a huge project with a whole lot of bearing on devcoin, such as Open Transactions, a few pieces of the project each have a receivers list entry in effect; that is, something like three separate people, possibly even more (I am not sure, I know three for sure) are on the receivers list on account of the fact they are working on aspects of Open Transactions.

Bounties are for when we need something and no one is already doing it so a bounty seems necessary in order to get it done.

-MarkM-

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April 29, 2013, 07:47:13 PM
 #1963

...If people do want a word limit, we'll have a vote, and take the median of the result for every round after this one. Because I already told someone that they could write up to 80,000 words this round, if there is a word limit, this round it will be at least 80,000 words.

Edit: The 80,000 words was not my decision to make. I agree that it should be above 61,000 words this month, because changes should not be retroactive if possible, but I'll message the person who asked about writing a lot, and tell them about the new limit.
Appreciate the clarity. Not sure I know enough about how the system works yet to be voting on it so I'll go with everybody else's median, but will say I dont think any word limit is the issue at all. If somebody has written a book worth reading that's great. So is a short specific piece. The issue is the max share per individual (outside the work done for the project itself) but I realise this is difficult to administer.

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April 29, 2013, 07:47:24 PM
 #1964


Also I think there should be a science category... have a bunch of science experiments some with videos that would be nice to share if anyone got any objection to that? Also perhaps a "Research" or development category where it would be nice to see more info on some of the devcoin projects that are perhaps in the pipeline for future technology etc... suppose I should go make the categories on devtome then and stop talking about it Tongue

Anyways good times to be into devcoins Smiley seems to be my favourite coin at the moment Smiley anyone else think the same?? Tongue

Edit: Finshaggy posting

Should there be a Review category?

I'm thinking a "Deview.com".

We should be making sister sites for all this stuff and do it like:
Out of 180 mil total
100+ mil goes to Devtome
X mil goes to the review site per round, and is divided amongst the critics based on word count, then eventually traffic
X mil goes to picture submission site per round, each picture is worth X DVC or a share, then traffic eventually
X mil goes to video submission site per round, 1 min or 1 video is 1 share, then traffic eventually
etc


I'm not suggesting it be done this moment. I just think this is a better option than making sections.


I like the url Deview.com very clever Smiley ...maybe little to soon for sister site, no reason why can't get all content on one site for now... if need to... then can launch sister site would be my thoughts, but feel free to shout me down Smiley



Science sounds like a good idea, I have tons of written video ideas for experiments people could try at home, or just watch me do from home to learn, and I also have some developmental research I'll be documenting.

Maybe it is too soon for a sister site, I didn't mean for the suggestion to go through instantly, I just think it would be a good move in the future. Because making a wiki is great, but once the coins are worth more, we can basically start an entire arts community based around devcoin. Which I know is the goal Smiley (plus science)

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April 29, 2013, 07:48:15 PM
 #1965

I think one share per 5000 words is a bit steep - certainly puts me off submitting a lot of writing! Maybe we should just double the admin shares?  Smiley

This is getting pretty complex and I'm thinking maybe UnthinkingBit has had the best approach, just letting the system (for the main part) roll as it is.

I think the word limit tackles most of the issues - maybe we can vote on increasing other shares for dev and admin work? Everyone has vested interests though (even if they don't mean to) so it is hard to remain objective and to be honest I am not sure what the best course of action is.

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April 29, 2013, 07:49:14 PM
 #1966

...If people do want a word limit, we'll have a vote, and take the median of the result for every round after this one. Because I already told someone that they could write up to 80,000 words this round, if there is a word limit, this round it will be at least 80,000 words.

Edit: The 80,000 words was not my decision to make. I agree that it should be above 61,000 words this month, because changes should not be retroactive if possible, but I'll message the person who asked about writing a lot, and tell them about the new limit.
Appreciate the clarity. Not sure I know enough about how the system works yet to be voting on it so I'll go with everybody else's median, but will say I dont think any word limit is the issue at all. If somebody has written a book worth reading that's great. So is a short specific piece. The issue is the max share per individual (outside the work done for the project itself) but I realise this is difficult to administer.

I thought about this...

If you write a book that is more than 80,000 words, post it as "Book Title, Part 1" and "Book Title, Part 2"

If everyone is thinking outside the box, there is a new box.
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April 29, 2013, 08:03:35 PM
 #1967

...If people do want a word limit, we'll have a vote, and take the median of the result for every round after this one. Because I already told someone that they could write up to 80,000 words this round, if there is a word limit, this round it will be at least 80,000 words.

Edit: The 80,000 words was not my decision to make. I agree that it should be above 61,000 words this month, because changes should not be retroactive if possible, but I'll message the person who asked about writing a lot, and tell them about the new limit.
Appreciate the clarity. Not sure I know enough about how the system works yet to be voting on it so I'll go with everybody else's median, but will say I dont think any word limit is the issue at all. If somebody has written a book worth reading that's great. So is a short specific piece. The issue is the max share per individual (outside the work done for the project itself) but I realise this is difficult to administer.

I thought about this...

If you write a book that is more than 80,000 words, post it as "Book Title, Part 1" and "Book Title, Part 2"
or just post a link to it...? Wink Seriously though, while I guess it hasn't been a problem in a limited community I think the max per person writing share is a real issue and not addressing it will prove to have been counterproductive later, especially wrt attracting new info/work worth reading and continuing to appeal to the development side (not my forte at all), but most others don't think so and so I'm happy to go with the flow.

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April 29, 2013, 08:14:33 PM
 #1968

Maybe the lack of income from other sources has led to the estimations of how lucrative a wiki could become to have gotten out of synch with the nowadays lucrativeness of other projects? If we wwere running a cryptocoin exchange as well as the wki, which would make more money, I wonder? Maybe coding is no longer as non-lucrative as once it might have been? Or could be made so, if we could figure a way to get a cut for the project of the fruits of the labour/code?

You're onto something... I'd say it's hard to invent something which will bring less revenue than wiki.

Because, you know, content farm ( http://en.wikipedia.org/wiki/Content_farm ) is an old concept, and there isn't much money in this stuff because market is already saturated. For me, personally, it was obvious that it will turn out the way it turns out as soon as I've read description...

Anyway, perhaps it would be better to brainstorm the ideas instead of continuing schadenfreude...

One obvious idea is a game which uses devcoin as a currency. OK, we already have such Smiley, but plenty of different games are possible... It would be nice to have something which people could get into right away, like register and within a minutes start playing.

I mean there is a whole spectrum between Satoshi Dice and Galactic Millieu...

As for coding in general, it is a bummer that you need to get users _before_ you get any devcoin funding. This means that devcoin will never encourage people to start something new, at best it will encourage people to maintain what is already successful.

Just an idea: you could finance hackathons. The idea is that a handful of developers can implement something startupish in 48 hours or so... So give them a sizable prize, like $1000 worth. Sure, 90% of such new projects will die right away, but 10% of them might get successful... even wildly successful.

If devcoin will enable development of a new, interesting open source project, it would be great for PR... Much more so than, um, content farm.

By the way, this thread gets completely out of hand, I can't keep up with it... Did you consider making offshots?

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April 29, 2013, 08:18:08 PM
 #1969

I seriously think that we should hope devcoins will become valuable enough that we can use the standard "one fifth of a share" unit of measure to reward writing.

I get this from it taking maybe an hour or two to write a thousand words and maybe taking an hour or two to host something that needs some admin stuff done. Or lets say, one hour of work's worth of actual money to actually pay for a machine to host it on and bandwidth for it and one hour of actual work running the thing.

So one fifth of a share seems to maybe be about an hour or two of work, and even then only work that is directly on project gets to do only ten hours for a full share, tangential / external stuff a share is forty hours!

I do not know how much coins would need to be worth, or really I guess, how much one-fifth shares would have to be worth, for this to be "reasonable". Recently an off the cuff guestimate of share value by Unthinkingbit put one fifth of a share at $30. Is not $30 a decent wage for an hour or two of promoting your own ouvre or genre or whatever you want by writing about it on a hopefully someday influential wiki?

Heck, some people would pay that much or more to be permitted to post their own work / original research / anything on an influential wiki! Smiley Cheesy

The hosting one gets 1/5 of a share for one has to actually be paying for bandwidth and hosting, not just doing some work-of-your-own-choosing promoting anything-of-your-own choosing...

Are things we are paying about $30 a month to have someone host and admin things they can run as a freebie on a $5/month webhosting-only account or things they'd need a $30/month virtual machine for? (In the latter case the share merely covers the machine, so their real pay is just that they get to use any spare capacity of the machine for their own uses if it does end up actually having any spare capacity...)

EDIT: Example: a "stable" node. I read recently a bitcoin node crashed because it only had 4 gigs of RAM for its virtual machine. It needed to upgrade its RAM. The sheer number of connections a backbone/fallback/DNSseed node gets eats lots of RAM. A more than four gigs of RAM virtual machine costs how much per month typically? We give one fifth of a share for maintaining one of these nodes...

(Currently number of connections is low, so currently that maybe be fine. But bitcoin nodes can find four gigs of RAM is not enough. SO if we grow well, we can expect our core nodes to need more than four gigs of RAM each.)

Oh and bandwidth! How much for a server that *really* has *genuinely* "unlimited" bandwidth to supply thousands of nodes with copies of the entire blockchain?

-MarkM-

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April 29, 2013, 08:18:47 PM
 #1970

Maybe the lack of income from other sources has led to the estimations of how lucrative a wiki could become to have gotten out of synch with the nowadays lucrativeness of other projects? If we wwere running a cryptocoin exchange as well as the wki, which would make more money, I wonder? Maybe coding is no longer as non-lucrative as once it might have been? Or could be made so, if we could figure a way to get a cut for the project of the fruits of the labour/code?

You're onto something... I'd say it's hard to invent something which will bring less revenue than wiki.

An exchange... That would be good. Give Vircurex some competition.

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April 29, 2013, 08:22:16 PM
 #1971

I seriously think that we should hope devcoins will become valuable enough that we can use the standard "one fifth of a share" unit of measure to reward writing.

I get this from it taking maybe an hour or two to write a thousand words and maybe taking an hour or two to host something that needs some admin stuff done. Or lets say, one hour of work's worth of actual money to actually pay for a machine to host it on and bandwidth for it and one hour of actual work running the thing.

So one fifth of a share seems to maybe be about and hour or two of work, and even then only work that is directly on project gets to do only ten hours for a full share, tangential / external stuff a share is forty hours!

I do not know how much coins would need to be worth, or really I guess, how much one-fifth shares would have to be worth, for this to be "reasonable". Recently an off the cuff guestimate of share value by Unthinkingbit put one fifth of a share at $30. Is not $30 a decent wage for an hour or two of promoting your own ouvre or genre or whatever you want by writing about it on a hopefully osmeday influential wiki?

Heck, some people would pay that much or more to be permitted to post their own work / original research / anything on an influential wiki! Smiley D

The hosting one gets 1/5 of a share for one has to actually be paying for bandwidth and hosting, not just doing some work-of-your-own-choosing promoting anything-of-your-own choosing...

Are things we are paying about $30 a month to have someone host an admin things they can run as a freebie on a $5/month webhosting-only account of things they'd need a $30/month virtual machine for? (In the latter case the share merely covers the machine, so their real pay is just that they got to use any spare capacity of the machine for their own uses if it does end up actually having any spare capacity...)

-MarkM-


These are good points - why not just increase the shares for admin work etc instead of decreasing shares for writing? I was made an admin this month and I can relate that writing seems to be an easier way to earn DVC, but on the other hand Devtome does not have a lot of writers yet so it may be best to keep writers well incentivized at this stage while we build a critical mass.

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April 29, 2013, 08:24:38 PM
 #1972

By the way, this thread gets completely out of hand, I can't keep up with it... Did you consider making offshots?

Nah Page 100 baby Cheesy

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April 29, 2013, 08:26:09 PM
 #1973


These are good points - why not just increase the shares for admin work etc instead of decreasing shares for writing? I was made an admin this month and I can relate that writing seems to be an easier way to earn DVC, but on the other hand Devtome does not have a lot of writers yet so it may be best to keep writers well incentivized at this stage while we build a critical mass.

Yeah, it will work when 1,000 words is $30. But like you said we need more writers before we mark it down.

And we have to work on making Devcoins more popular before they will be worth that much per 1/5 share...

If you want to help make Devcoin more Valuable, read this:
http://www.devtome.com/doku.php?id=devcoin_advertising_campaign

Don't add to it yet, I have plans for that page.

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April 29, 2013, 08:36:34 PM
 #1974

Already posted before but it got buried under a bunch of posts:

I have another question. What exactly is eligible for a bounty? Any open source piece of software? What are the limits? Does it extend to software like a game? Thanks!

this was answered here by markm right after ur post...

Quote
Bounties are for items the devcoin project itself needs.

Things like free open source games, music, hardware, whatever, that is not something this project itself directly needs to have done, aren't rewarded with bounties they are rewarded after the fact (well, more like during the fact, I guess) by adding the creator or dev team to the receivers list.

So for example if you gather a few friends and form a team to create a free open source game, at some point along the line it might be noticed your game is popular and useful and the team is putting in 40 hours a month or more on it, and the team might be given a spot ion the receivers list; how they would divvy up the resulting coins among the members of the team is left up to them I guess, usually by putting their designated "team leader" or "lead dev" on the list and letting them divvy it up, maybe?

In the case of a huge project with a whole lot of bearing on devcoin, such as Open Transactions, a few pieces of the project each have a receivers list entry in effect; that is, something like three separate people, possibly even more (I am not sure, I know three for sure) are on the receivers list on account of the fact they are working on aspects of Open Transactions.

Bounties are for when we need something and no one is already doing it so a bounty seems necessary in order to get it done.

-MarkM-

Okay thanks. I ask because I'm working on what is going to be a free/open source game and just wondering on what qualifies/how the system works. Thanks for pointing that out and thanks for the answer, Mark Smiley

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April 29, 2013, 08:41:07 PM
 #1975

An exchange... That would be good. Give Vircurex some competition.

Exchange is problematic in many ways, there are many risks...

Unless it is a crypto exchange, like powered by colored coins Smiley (This was a shameless self-plug Smiley )

OK, I'll give you my idea: a focused, specialized wiki.

Devtome doesn't have quality of standards, so there are approximately zero reasons to search information specifically on devtome. It is theoretically possible that you will find well-researched information there, but it is also possible that you will find a stub or a low-quality article. In this way devtome competes with internet as a whole: on average, results you get on devtome won't be better that results you can get via google search.

And it is hard to compete with internet Smiley

Instead people could make sections on some specific topics and optimize for quality. E.g. a sub-wiki about Bitcoin. It should be updated very frequently, categorized very well. So that when I want to get information about Bitcoin, I have an incentive to go to devcoin-sponsored wiki and get high-quality information from it.

It it doesn't sound cool enough, it is possible to market-incentivize creation of such topical sections: people should be able to invest devcoins into such sections... money which section gets from investments goes into improvement... which brings in revenue via advertisement... and that revenue is shared with investors.

I think it is cool because people get a chance to invest into web sites they like... That's (probably) a new concept.

And it can improve quality because there will be a competition between different sections, low-quality ones will die out, and high quality ones will attract visitors... at least in theory Smiley


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April 29, 2013, 08:43:26 PM
 #1976

These are good points - why not just increase the shares for admin work etc instead of decreasing shares for writing?

Only for the implementation-detail reason that the shares system supports 1/5 shares, and if we increased admin stipends we could end up with everything being in whole shares nothing in 1/5 shares, which would let all the code for handling 1/5 shares sit there not being used thus maybe even suffering "code rot".

Its like the divisibility of bitcoins; where you choose to put the decimal/fraction isn't really important what is important is what fraction of the 180,000,000 coins generated in a round it comes out to given how many other shares or fractions of shares exist in that round.

So, since we have 1/5 as a unit, I figured lets use it, and anything needing bigger chunks can use bigger chunks.

Maybe though not having any fractional shares is actually better than having them and all the code to handle them will no longer be needed once whole shares are puny amounts of actual money considering how many thousands of them there are in any given round...

(Using fifths will make that grand total number of shares "sound smaller" too, so maybe make it seem less daunting to people only getting one or less shares.)

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April 29, 2013, 08:44:53 PM
 #1977

FWIW, my Chrome (OSX 10.Cool didn't flag it, nor did my Sophos Antivirus. Cheers for finally having a DVC wallet I don't need to use the terminal to access. Now if we could get one for NMC...*dreaming*

THANKS AGAIN!  Grin


Actully I did one for NMC awhile ago,   I suppose I could bring that up to date aswell.

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April 29, 2013, 08:49:01 PM
 #1978

I get this from it taking maybe an hour or two to write a thousand words

The elephant in the room is that quality and importance varies greatly, and so does effort...

The problem is that it is NOT additive, it is highly non-linear: sub-par content has almost no value, mediocre content has little value (there is a LOT of mediocre content on the internet), while high-quality content might have a great value...

Devtome has no incentives for high-quality content, which means you get what...?

That's basically same problem they had in Soviet Union: free market is much better at optimizing for quality/innovation than 'communism'.

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April 29, 2013, 08:52:44 PM
 #1979

An exchange... That would be good. Give Vircurex some competition.

Exchange is problematic in many ways, there are many risks...

Unless it is a crypto exchange, like powered by colored coins Smiley (This was a shameless self-plug Smiley )

OK, I'll give you my idea: a focused, specialized wiki.

Devtome doesn't have quality of standards, so there are approximately zero reasons to search information specifically on devtome. It is theoretically possible that you will find well-researched information there, but it is also possible that you will find a stub or a low-quality article. In this way devtome competes with internet as a whole: on average, results you get on devtome won't be better that results you can get via google search.

And it is hard to compete with internet Smiley

Instead people could make sections on some specific topics and optimize for quality. E.g. a sub-wiki about Bitcoin. It should be updated very frequently, categorized very well. So that when I want to get information about Bitcoin, I have an incentive to go to devcoin-sponsored wiki and get high-quality information from it.

It it doesn't sound cool enough, it is possible to market-incentivize creation of such topical sections: people should be able to invest devcoins into such sections... money which section gets from investments goes into improvement... which brings in revenue via advertisement... and that revenue is shared with investors.

I think it is cool because people get a chance to invest into web sites they like... That's (probably) a new concept.

And it can improve quality because there will be a competition between different sections, low-quality ones will die out, and high quality ones will attract visitors... at least in theory Smiley



It's not hard to compete with the internet when you are offering money.

If everyone is thinking outside the box, there is a new box.
FinShaggy
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April 29, 2013, 08:57:08 PM
 #1980

I get this from it taking maybe an hour or two to write a thousand words

The elephant in the room is that quality and importance varies greatly, and so does effort...

The problem is that it is NOT additive, it is highly non-linear: sub-par content has almost no value, mediocre content has little value (there is a LOT of mediocre content on the internet), while high-quality content might have a great value...

Devtome has no incentives for high-quality content, which means you get what...?

That's basically same problem they had in Soviet Union: free market is much better at optimizing for quality/innovation than 'communism'.

This is all based on opinions of "content value".

I read the Galactic Meleui stuff and thought it was worthless, until I spoke with Mark M, and learned that he is a game developer, not just someone writing about a video game he played once. He was writing about stuff he personally made.

And I think since we have only 20ish publishers right now, all we need to be is in development of something.

The content doesn't matter, as long as the ends are parallel with the goal of the overall project, which is to develop things into the real world, unless I am mistaken, that is what I got from reading the bounties.


If everyone is thinking outside the box, there is a new box.
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