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.
