Thursday, 10 January 2013

Devcoin - An Ethical Coin

Devcoin is an Ethical Coin, what does it means by ethical?  It meant that 90% of the generation goes to open source developers and 10% to the miners.   It is in some ways encourage the development of the Open source.   There was a first forum post started by Theunthinkingbit on August 05, 2011, 08:22:11 AM where he proposed his creation of Devcoin.   Intially I do not believe that it will last and will die with the same fate as the rest of the Alternate Coins.  But it did and last quite well.  There is a donation list for Open source developers and  to be added to the donation list, the open source developer can message Theunthinkingbit or post in an active devcoin thread.   I like this Coin a lot because other coins typically sees the open source developers as free labor.  At least Devcoin wanted to correct this imbalance thoughts.

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