Dear Devcoin community,
This is an announcement I had in the oven for so long. Part of the reason is that things slowed down so much due to the pandemic, yet not the complete answer. Free Software projects move along their community and leadership, the last one being my call. If you are familiar with driving cars, you know that the break is used more often than the accelerator pedal. Devcoin is ethical by purpose, one that I truly and deeply believe, but nothing is perfect so leadership should make some decisions to move the project forward.
The decision I'm taking this time is to reduce the number of ongoing shares from 223 to 200, it increases the amount of Devcoins minted for every ongoing share every round by about 10%. YET, we still have our markets in comma, so we are basically incentivizing hodling and inactivity for too much time. Rather I prefer to incentivize more active participation from A-Team (Devcoin staff), since we have several areas that need help, other than just hodling for passive income. Isn't that ethical?
For the reasons above, I reduced ongoing shares for staff by 90%, it means that incentive for all roles is now one tenth (1/10) of a share starting on round 122. The immediate effect is that Devcoin inflation is lower and miners are receiving a higher income, they should since network hashrate reduced by 99% this year (remember that we don't have any blockchain without miners).
I kindly ask everybody, specially in A-Team, to follow the example from Cpol, the guy doesn't earns a single ongoing share, yet he is accountable with his role within our DevTeam, he is always there whenever I need to test a new build, he does better reporting than many paid senior devs I know in my day job. Cpol does it all for a different model of incentive, get paid for actual achievements, when things are really done! No money upfront. Please don't take me wrong, I don't plan to change our current ongoing model, I only want to incentivize onboarding more people like Cpol and to awake the power from A-Team, together we could move Devcoin from under 1 sat to 10 sats in no time. Time will tell if I'm wrong and you'll then blame me for failure.
Final words here: No matter how low our chances are, success is always part of the possibilities!
Go go Devcoin!
- develCuy
P.S: "Si los perros ladran, es señal que avanzamos"
I know I'm not able to code and compile things on Linux like cpol but I'm around, active, and always talking Devcoin with people open to hearing it (like SysCoin Devs, Execs, and Blockchain Foundry consultsants)... I even find guys you wanna track down to let them know you're interested in talking. But this project only will move as fast as its destiny. And I think you're doing great. One day we won't need to manually invoke periods of slowing down activity on purpose nor encouraging more activity. This has been a long experience for me. And i've been around only into my now 4th year. But I'm trying. Can't wait for my 4,500 DVC. I have more than enough imo - because I value it highly even if the software doesn't display the correct values worldwide. I know it will soon.