Devcoin DVC is a cryptocurrency created in to fund open source work [2] by devcoin for bitcoin, hardware developers, writers, musicians, graphic artists and filmmakers. The Devcoin code is open source [5] and based around Bitcoin. Devcoin can be merge mined with Bitcoin, earned by developing, writing or traded on exchanges.
An auction site for Devcoin users went online in May All profits from Devcoin Auctions will go toward the Devcoin project itself. Devcoin is an alternate Bitcoin block devcoin for bitcoin. The stated purpose of Devcoin for bitcoin is to give money to open source developers for their work in as fair a manner as possible.
Open source is one model of open access and redistribution of time, work and information through collaboration. Devcoin was implemented to enable universal funding in line with this concept. Licenses for writers, musicians, painters and graphic artists, and filmmakers which qualify for devcoins are the Creative Commons Share Alike wikipedia licenseCreative Commons Attributionpublic domain, and unlicense. Programmers and hardware developers includes, but is not limited to, people who develop open source softwarewebsites, machinery, circuits, vehicles, housing, games, medicine, transportation, energy and resource extraction systems.
Writers includes people who write books, articles, fiction, poetry, and documentation. Fan fiction only qualifies if the source license also qualifies for Devcoins. The musicians category includes people who perform music and people who create or record unique sounds. Currently musicians may only devcoin for bitcoin Devcoins for lyrics by devcoin for bitcoin word, in future they may receive Devcoins for music videos.
The painters and graphic artists category does not currently include photographers because photography can be done mechanically devcoin for bitcoin little or no creative work.
The filmmakers category includes people who make movies, shorts, and animation. Fan films only qualify if the source license also qualifies for Devcoins. Currently filmmakers only earn Devcoins for their scripts by the word, in future they may also receive Devcoins devcoin for bitcoin the film devcoin for bitcoin.
Coin supply is constant. Receiver files are used to load the addresses for payment into the devcoin for bitcoin operation. Devcoin is merged mined with Bitcoin. The generation rate technicals were developed to pay for ongoing development and to address having to deal in milliDevcoins.
The rate of growth falls as a percentage of the total each period. The generation is unlimited with no block halving. From Wikipedia, the free encyclopedia. This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. August Learn how and when to remove this template message.
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Devcoin for bitcoin page was last edited on 27 Decemberat By using this site, you agree to the Terms of Use and Privacy Policy. Devcoin for bitcoin are verified and secured by decentralized peer-to-peer network. The Devcoin project regulates and distributes through consensus in protocol. Total DVC in Circulation.
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