Praise where praise is due
There are a number of fine Admins which it has been my pleasure to work with, in my capacity as Human Resources Admin, on the Devcoin Project.
In my opinion one of our newer admims deserves a special mention. If there was an Admin of The Month Award he would be deserving of it. 😎
DevCoin - A brief history
@Devcoin is one of the original alt coins which is a bi-product of Bitcoin mining. That is, when mining Bitcoins the same mathmatics will find and mine Devcoins in that process. So it shares the security afforded by the Bitcoin Network.
Its original mandate was to be used to help reward Open Source Programmers. Over time, as more non-programmers were drawn to the project, the idea to reward content creators began to take shape. The result was the creation of DevTome.
DevTome in a nutshell
DevTome was an idea to use the Wikipedia model, much like STEEM chose the social media model, to reward content creators.
Content creators are paid in shares from the DevCoin Reward Pool by word counts of their submissions to DevTome.
Introducing @develCuy
What @develCuy has done has introduced another layer of rewards from @devcoin through merged mining of DevCoin with STEEM; or #DevSTEEM as it has come to be known.
DevSTEEM - Merge mining of DevCoin and STEEM
More can be found about the workings of DevSTEEM and how one can become involved in the following post.
https://steemit.com/witness-category/@devcoin/devsteem-stage-1-sell-round-3
This is the third stage of selling rounds; the previous two having successfully sold out.
A match made in Crypto Heaven
@develCuy showed great insight to grasp how DevCoin and STEEM made such a wonderful match; almost counterpoints to each other.
As mentioned, where STEEM has choosen the social media model as a means of reward distribution, DevCoin chose the Wikipedia model.
They both produce about the same amount of coins on a yearly basis and compliment each other with one being Delegated Proof of Stake and the other being Proof of Work.
This is an exciting new step for DevCoin as we bring the two communities of STEEM and DevCoin together through merged mining to offer increased rewards to content creators.
For that we have @develCuy to, largely, thank.
Much thanks for your kind words @novacadian!
Most welcome, they are well deserved!
The article was informative.
Thank You!
Glad you found things informative, @khan.dayyanz. Good seeing you my friend!
I agree with you @novacadian! @develcuy is one of the most hardworking persons I have met in this community and he gives you always great insights about your work and how it should be done. Thanks for sharing Nova!
A pleasure my friend.
Very good article on devcoin, devtome and @develCuy I agree they are very much pushing and moving devcoin forward into interesting and new areas. Devcoin being merged mined with bitcoin was an important step for devcoin, linking Steemit power with devcoins and allowing people to buy devcoins with Steem is a second great intergration of devcoin with another cryptocurrency. Keep up the great work all and keep the articles coming @novacadian
Thanks, Fuzzybear!
Buenos días amiga @novacadian deseo que se encuentre muy bien . Exelente información amiga . Le deseo que tenga un lindo día.
Buenos días Edgar!
Buenos días mi amiga @novacadian le deseo que se encuentre bien al igual que su familia , que le a acontecido que no a vuelto a publicar amiga ? Deseo que tenga un exelente día .
Gracias Edgar. Espero que Papá Noel todavía pueda traerle la pieza para su bomba.
Buenas tardes amiga si eso fuera el mejor regalo que papá Noel me hiciera . Que tenga una feliz tarde .
BUENOS DÍA .EXCELENTE POST
Muchas gracias. @develCuy ha sido de gran ayuda, en esta etapa, para el proyecto @devcoin.
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Buenos días mi amiga @novacadian , reciba de mi parte un cordial saludo y que tenga un exelente domingo amiga .