OK, one week with no feedback or complains, then just stay with this exchange rate:
1,000,000.00 DVC = 1 nDVC
(One million old Devcoin per 1 new Devcoin)
From Step 0 to Step 1This was the original 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
Then @Sidhujag and @weisoq noted that we should resolve what to do with currently generated Devcoin. That is why we had this long discussion regarding old and new Devcoin.
There might be more to say in the future, but for now KEEP MOVING ON!
Rewards Distribution System (RDS) and Inflation Rate Strategy (IRS)I'm wondering about a fair RDS. New Devcoin (nDVC) should be sustainable if we want it to prosper. The mission of this project should always be in the core. Devcoin was created to support developers of Free/Libre Open Source Software and artists (poets, writers, painters, etc.). Let's call them:
creators. This makes Devcoin an organization with an strong mission, one that can make a difference on peoples lives.
If we want to help others, we should help ourselves first! For example, if you see a person suffering hunger and you have no bread to share, and you are suffering hunger as well, how could you help the other person? Go get some bread, eat and share with the other person! What if you see a hundred people suffering hunger? Do you have budget for 100 breads? Should you split your little piece of bread into a hundred little tiny pieces? Should you instead pick one person from the hundred?...
Devcoin project is supposed to help people but we didn't have clear
who to help and
how to help. Sometimes we make things worst when we try to help people. That is why RDS and IRS are the actual implementation of Devcoin's mission.
Let's meditate about past happenings with Devcoin, does it really helped people or the reverse? Devtome for example, there was a big campaign calling for creators, they believed they could get some money back from their time investment. Some might got something back, but the truth is that Devcoin not helped much. This kind of situations only produces frustration and drives people angry.
Conclusion? Devcoin is in debt with lots of people that trusted the project. We should not left them behind!
With things above in mind, I want to ask you:
1. IRS approach: How could we bring some stability to Devcoin as a currency?
2. RDS approach: How many people and how much should Devcoin project help?
I look forward to your feedback!