Post
Topic
Board Announcements (Altcoins)
Re: [DVC]DevCoin - Official Thread - Moderated
by
ranlo
on 14/07/2017, 19:22:00 UTC
DISCUSSION ON THE FUTURE OF DEVCOIN

First of all, thanks everyone for your patience! I had to take a time to discuss internally with the people that expressed support to my initiative of hardforking Devcoin. I waited a reasonable amount of time for their answers. Now is time to make the discussion public.

Yes! I'm planning to hardfork Devcoin! this is the actual plan:

1. Define a new Rewards Distribution System (RDS) for new generated Devcoins (a new policy for the receiver_xx.csv files)
2. Define a new Inflation Rate Strategy (IRS O_o!), no more wild generation of Devcoins!
3. Implement RDS & IRS in tesnet
4. Hardfork Devcoin

I know Devcoin has many downsides, but we have some strengths: Many people is holding Devcoin! We are not starting from scratch. There is still an exchange site supporting this project and an strong force of miners giving live to Devcoin's blockchain.

Everyone interested on the future of Devcoin, please share your insights on RDS & IRS. We need a fair system that ensures we are rewarding people that are actually serving the purpose of Devcoin, along with managing the inflation rate in a way that promotes Devcoin's ecosystem.

I look forward to your feedback Devcoiners!

FWIW, I'm still around and do read the PMs. I haven't chimed in on your previous ones because I don't feel like I know enough to really give solid input on its direction. This is an unprecedented area for me (reviving a project like this) and don't really want any mishaps to be due to my ignorance when pushing ideas that may get passed.

As a result, I'm fairly open to what you guys feel is best.