DevCoin (DVC) is based on the Bitcoin cryptocurrency. It was created to fund open source projects,
which are produced by writers, software developers, and artists. It enables instant payments by the
use of peer-to-peer technology. Most of the open-source developers implement projects in their
free time, but they are not paid enough for their efforts. DevCoin’s purpose is to provide an income
to people opened to contribute. It assists the developers by giving various open-source software,
books, music, and art. DVC’s users can pay with BTC, LTC, DVC, and PayPal. DVC is based on the
hashing SHA-256 algorithm. It was launched in 2011 by programmers, hardware developers,
musicians, and writers.

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