Devcoin is an ethically inspired cryptocurrency created in 2011 to support open source projects by programmers, hardware developers, writers, musicians, painters, graphic artists and filmmakers worldwide.
Devcoin is the coin where 90% of the generation goes to open source developers and 10% to the miners.
Devcoin official site with wallet downloads: http://devcoin.org
Devcoin technical specification:
- SHA-256 Algorithm
- Merged mined with Bitcoin
- Retarget every 1 day
- 50,000 coins per block which 90% go to developers
- 21 billion total coins
Earnings are paid in rounds, which are in groups of blocks. A round is 4000 blocks. It’s important to look at your Devcoin client to see at which block you are currently at in order to know when the round finishes and when you will receive earnings.
Each round developers get 180,000,000 DVC. The number of shares is divided into 180,000,000 to come up with the value per share. This fluctuates depending upon how much work is generated by contributors. Devcoin is the first cryptocurrency that is expressly made to compensate people for their open source and Creative Commons work.
Earn Devcoins by Writing
Devcoin merged mining with most important sha-256 coins:
Remember to use the latest wallet version from the official Devcoin website.