Post
Topic
Board Announcements (Altcoins)
Re: [DVC]DevCoin - Official Thread - Moderated
by
eeh
on 31/01/2014, 18:04:59 UTC
I asked you which client you were using? This is important because:

"At around block 12,000 the first fractional share went out successfully, so there are no longer any known potential technical devcoin problems.  Now we can start projects.

Devcoin was originally intended to primarily be an ethical donation currency and secondly an umbrella for profitable open source projects.  There has not been enough interest in the donation part, so from now on devcoin will primarily be an umbrella for profitable open source projects, and secondly donate a portion to developers.  It will be more like a public benefit corporation:
http://en.wikipedia.org/wiki/Public-benefit_corporation

To that end, the first profitable devcoin open source project will be an open source wiki where the contributors get a share of the advertsing revenue, converted to devcoins, plus devcoin generation shares.  At the beginning the advertising revenue will be tiny, however, that is better than nothing and it will grow.  There are three potential ways of getting advertising revenue:"

There was a change at that block so the client version matters.. I used my new client many times to download the entire blockchain from scratch so Im not sure why yours wont accept the changes at that block... maybr your not on newest version?

On the second part of Unthinkbit's quote from 2011 above.. you can see the original intent was to fund profitable open source businesses like the ones i proposed and others propose but then we ended
up with a wildly unprofitable business in devtome? Which is more donation looks like. Wasnt the idea that only ad revenue will be used to pay them? Wouldnt it grow over time so slowly more writers would come? Why the sudden change to skew the share earnings?

I have no idea if you're responding to me. I've been using my client since at April 2013. I'm using MS 8.1. I understand the intent and premise of Devcoin and Devtome. I just want my client to download the chain and my earnings.