Devcoin is an ethically inspired cryptocurrency created in 2011 to support open source programmers and writers worldwide. Devcoin will eventually fund all types of developers including hardware developers, musicians, painters, graphic artists and filmmakers. Devcoin is one of the longest running blockchain based digital currencies.
The purpose of Devcoin is to give money to open source developers for their work in as fair a manner as possible.
No, Devcoin is 100% free, open source software.
Please see the Devcoin Wallet page to download a Devcoin wallet for your operating system.
Please visit the Devcoin thread on the Coinzen.org forums where someone will gladly provide you with assistance.
From the many, one
From one, the source
Devcoins are merge mined with Bitcoin, meaning Bitcoin miners can also mine for Devcoins at the same time without additional hardware.
Devcoin uses the SHA-256 algorithm.
There are 50,000 coins per block, of which 90% goes to funding open source projects. 5,000 are given to miners, 45,000 are given to the people distributing Devcoins to artists and contributors.
There is no hard cap to the total number of Devcoins. As long as Devcoin exists, the annual increase of DVC will be approximately 2.6 billion DVC. The amount of Devcoins issued each year is fixed and therefore the annual inflation rate will decrease over time. The inflation rate is negligible compared to the potential value increase associated with cryptocurrencies in the years ahead.
Please see The Value of Devcoin on devtome.com for more information.
To merge mine Devcoins, you must join a pool such as Bitparking:
You can also mine Devcoins as a secondary chain with P2Pool:
You may view statistics about the Devcoin blockchain as well as individual addresses at the Devcoin Block Explorer.
The following pages contain a large amount of analytical and statistical Devcoin information:
Please see the Spend Devcoins page for a list of merchants and services that accept Devcoin.
Many open source developers do not get a significant amount of money for their work, therefore they can only develop their projects in their spare time.
Devcoins provide an income for everyone who wants to work, even if they live in an area with more job seekers than jobs. With Devcoin, anyone who wants to earn some income is able to do so - anyone who does good work will get some Devcoins.
By buying and using Devcoins, you financially assist developers and give the world more open source software, books, music, art, and movies.
Yes, in fact, Devcoin's main purpose is to fund open source projects and writing.
Devcoin considers funding open source projects of all types, so if you know of a project that needs funding, please visit the Devcoin thread at the Bitcointalk Forum.
Current Devcoin bounties can be seen on Devtome.