Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018 - page 191. (Read 696254 times)

Quote from: cameronpalte on May 15, 2014, 01:49:37 AM

https://docs.google.com/spreadsheet/ccc?key=0AvPoRrj3QF5sdGlxUzdKVVgyaWZvZGlaT195OEFKZmc&usp=sharing

I was wondering if anyone's considered hitting this thing from the third angle. We've got GPU's hitting the folding pretty hard. We've got SHA256 ASIC's hitting the mining end pretty hard. What about a multipool so the SCRYPT ASIC's can hit the value end of things? Then all mining hardware could be used to develop and support CureCoin. Just a thought.

We have nothing useful for scrypt asics to do and it would effectively require a hard fork for nothing.

Asics secure network
GPUs fold

Scrypt Asics would be worse at securing the network especially because their are a lot less.
Scrypt Asics can't fold.

No no, scrypt asics could mine at a MultiPool, like BlackCoin's or CinniCoin's multipool. Basically they would mine Scrypt Based altcoins, and the multipool would automatically trade them for CureCoins. It's a proven technique that allows Scrypt miners to apply buy pressure to coins that are otherwise unobtainable for them.

It wouldn't require any change to the wallet or network. The Scrypt Miners literally just buy coins in exchange for their hashpower.

Buy pressure created by these pools is almost none.... I think BCpool last time I looks was creating 7BTC of buy pressure... That is nothing. Those multipools are basically hype machines for people that do not do the math. Sounds like it would work though.

Totally agree. First of all these pools are always associated with sh*tcoins that are desperately looking to create some hype/ fake demand.
Copying an idea for the tenth time just doesnt work anyway. You need to be ahead of the curve just like this coin is to create some value Cool

Can anyone elaborate on a few technical aspects of the coin ?

# If there is no hard cap for the coins how was the 5% premine done ? 5% of ∞ is ? Huh

# How does the " Network balancing" mentioned in the OP work ? How does an increase in SHA256 difficulty affect folders ?

Ok, fact that the coins for the folders were all premined doesnt look so good Undecided

I wonder why couldnt that just be divided between the miners and folders as the coins are minted ?
So essentially one person is in control of ~80% of the coins ? Paying folders is done manually ?
What happens if the developer dies in a plane crash etc and takes the private keys with him ?

Just trying to get some clarity here.

crypto4jan

legendary

Activity: 2453

Merit: 1025

Energy coin master

After long time of waiting my first payment is arrived.
0.270088 CUR for Valid: 3822
Now I a at 70K points so I expected around to get 5 CURE for this in total now.
Curecoin is a good coin!

sumgye

sr. member

Activity: 280

Merit: 250

Quote from: kqpahv on May 15, 2014, 02:12:08 AM

Quote from: cameronpalte on May 15, 2014, 01:49:37 AM

Quote from: kqpahv on May 15, 2014, 02:12:08 AM

I was wondering if anyone's considered hitting this thing from the third angle. We've got GPU's hitting the folding pretty hard. We've got SHA256 ASIC's hitting the mining end pretty hard. What about a multipool so the SCRYPT ASIC's can hit the value end of things? Then all mining hardware could be used to develop and support CureCoin. Just a thought.

We have nothing useful for scrypt asics to do and it would effectively require a hard fork for nothing.

Asics secure network
GPUs fold

Scrypt Asics would be worse at securing the network especially because their are a lot less.
Scrypt Asics can't fold.

No no, scrypt asics could mine at a MultiPool, like BlackCoin's or CinniCoin's multipool. Basically they would mine Scrypt Based altcoins, and the multipool would automatically trade them for CureCoins. It's a proven technique that allows Scrypt miners to apply buy pressure to coins that are otherwise unobtainable for them.

It wouldn't require any change to the wallet or network. The Scrypt Miners literally just buy coins in exchange for their hashpower.

Buy pressure created by these pools is almost none.... I think BCpool last time I looks was creating 7BTC of buy pressure... That is nothing. Those multipools are basically hype machines for people that do not do the math. Sounds like it would work though.

Totally agree. First of all these pools are always associated with sh*tcoins that are desperately looking to create some hype/ fake demand.
Copying an idea for the tenth time just doesnt work anyway. You need to be ahead of the curve just like this coin is to create some value Cool

Can anyone elaborate on a few technical aspects of the coin ?

# If there is no hard cap for the coins how was the 5% premine done ? 5% of ∞ is ? Huh

# How does the " Network balancing" mentioned in the OP work ? How does an increase in SHA256 difficulty affect folders ?

I completely agree about not copying the idea with under the false premise to boost value of the coin. It could have some limited effect, but MultiPools aren't going to raise the value of this coin - eventhough that's the tired stereotype that's been attached to the idea. Rather, I propose a MultiPool for an entirely different purpose: it's ability to include mining hardware that would otherwise be excluded from participating in the CureCoin project: namely Scrypt ASIC's.

Anyway, I'm just tossing the idea out. It's nothing the dev's need worry about, but if the community takes hold of it it might be a good idea. Who knows? I just thought I'd throw it out there.

lovecoin99

member

Activity: 118

Merit: 100

ok, dev has done a lot work, i'm in

r3animation

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Activity: 756

Merit: 500

Quote from: cameronpalte on May 15, 2014, 01:49:37 AM

Quote from: r3animation on May 15, 2014, 02:02:42 AM

I was wondering if anyone's considered hitting this thing from the third angle. We've got GPU's hitting the folding pretty hard. We've got SHA256 ASIC's hitting the mining end pretty hard. What about a multipool so the SCRYPT ASIC's can hit the value end of things? Then all mining hardware could be used to develop and support CureCoin. Just a thought.

We have nothing useful for scrypt asics to do and it would effectively require a hard fork for nothing.

Asics secure network
GPUs fold

Scrypt Asics would be worse at securing the network especially because their are a lot less.
Scrypt Asics can't fold.

No no, scrypt asics could mine at a MultiPool, like BlackCoin's or CinniCoin's multipool. Basically they would mine Scrypt Based altcoins, and the multipool would automatically trade them for CureCoins. It's a proven technique that allows Scrypt miners to apply buy pressure to coins that are otherwise unobtainable for them.

It wouldn't require any change to the wallet or network. The Scrypt Miners literally just buy coins in exchange for their hashpower.

Buy pressure created by these pools is almost none.... I think BCpool last time I looks was creating 7BTC of buy pressure... That is nothing. Those multipools are basically hype machines for people that do not do the math. Sounds like it would work though.

Totally agree. First of all these pools are always associated with sh*tcoins that are desperately looking to create some hype/ fake demand.
Copying an idea for the tenth time just doesnt work anyway. You need to be ahead of the curve just like this coin is to create some value Cool

Can anyone elaborate on a few technical aspects of the coin ?

# If there is no hard cap for the coins how was the 5% premine done ? 5% of ∞ is ? Huh

# How does the " Network balancing" mentioned in the OP work ? How does an increase in SHA256 difficulty affect folders ?

https://docs.google.com/spreadsheet/ccc?key=0AvPoRrj3QF5sdGlxUzdKVVgyaWZvZGlaT195OEFKZmc&usp=sharing

sumgye

sr. member

Activity: 280

Merit: 250

Quote from: cameronpalte on May 15, 2014, 01:49:37 AM

I was wondering if anyone's considered hitting this thing from the third angle. We've got GPU's hitting the folding pretty hard. We've got SHA256 ASIC's hitting the mining end pretty hard. What about a multipool so the SCRYPT ASIC's can hit the value end of things? Then all mining hardware could be used to develop and support CureCoin. Just a thought.

We have nothing useful for scrypt asics to do and it would effectively require a hard fork for nothing.

Asics secure network
GPUs fold

Scrypt Asics would be worse at securing the network especially because their are a lot less.
Scrypt Asics can't fold.

No no, scrypt asics could mine at a MultiPool, like BlackCoin's or CinniCoin's multipool. Basically they would mine Scrypt Based altcoins, and the multipool would automatically trade them for CureCoins. It's a proven technique that allows Scrypt miners to apply buy pressure to coins that are otherwise unobtainable for them.

It wouldn't require any change to the wallet or network. The Scrypt Miners literally just buy coins in exchange for their hashpower.

I guess what you're trying to say is,

SHA256 ASICs - Keep the blockchain going
GPUs - Folding the proteins
Scrypt ASICs - Multi-pool for earning curecoins

It sounds good, but we would have to remind miners it would be better to fold on their GPUs compared to mining scrypt on a multi-pool which they may direct to as they might not understand what is folding.

Exactly. I was just trying to think of a way to include Scrypt ASIC's in this project, because I do believe it is a big exciting thing that everyone is going to want to be a part of. I also think that's been part of the CureCoin message from the beginning, they welcomed ASIC's, GPU's and CPU's, and made them all relevant to the project. Scrypt ASIC's are sort of a redheaded stepchild though, so making up some way for them to contribute would be awesome. I honestly don't think the buy pressure from a multipool is going to make a tremendous difference to the price, but it WOULD allow people that recently invested heavily into Scrypt ASIC's and become excited about the project the ability to mine CureCoins by proxy and support the project that way. GPUs should only be used for folding, and that should be made absolutely clear.

kqpahv

full member

Activity: 229

Merit: 100

Quote from: cameronpalte on May 15, 2014, 01:49:37 AM

I was wondering if anyone's considered hitting this thing from the third angle. We've got GPU's hitting the folding pretty hard. We've got SHA256 ASIC's hitting the mining end pretty hard. What about a multipool so the SCRYPT ASIC's can hit the value end of things? Then all mining hardware could be used to develop and support CureCoin. Just a thought.

We have nothing useful for scrypt asics to do and it would effectively require a hard fork for nothing.

Asics secure network
GPUs fold

Scrypt Asics would be worse at securing the network especially because their are a lot less.
Scrypt Asics can't fold.

No no, scrypt asics could mine at a MultiPool, like BlackCoin's or CinniCoin's multipool. Basically they would mine Scrypt Based altcoins, and the multipool would automatically trade them for CureCoins. It's a proven technique that allows Scrypt miners to apply buy pressure to coins that are otherwise unobtainable for them.

It wouldn't require any change to the wallet or network. The Scrypt Miners literally just buy coins in exchange for their hashpower.

Buy pressure created by these pools is almost none.... I think BCpool last time I looks was creating 7BTC of buy pressure... That is nothing. Those multipools are basically hype machines for people that do not do the math. Sounds like it would work though.

Totally agree. First of all these pools are always associated with sh*tcoins that are desperately looking to create some hype/ fake demand.
Copying an idea for the tenth time just doesnt work anyway. You need to be ahead of the curve just like this coin is to create some value Cool

Can anyone elaborate on a few technical aspects of the coin ?

# If there is no hard cap for the coins how was the 5% premine done ? 5% of ∞ is ? Huh

# How does the " Network balancing" mentioned in the OP work ? How does an increase in SHA256 difficulty affect folders ?

meelvanchris

sr. member

Activity: 336

Merit: 250

No no, scrypt asics could mine at a MultiPool, like BlackCoin's or CinniCoin's multipool. Basically they would mine Scrypt Based altcoins, and the multipool would automatically trade them for CureCoins. It's a proven technique that allows Scrypt miners to apply buy pressure to coins that are otherwise unobtainable for them.

It wouldn't require any change to the wallet or network. The Scrypt Miners literally just buy coins in exchange for their hashpower.

I do not dislike the idea. But something like that has to come from within the community. Doubt the devs have time to make such a thin seeing as their are keepin quite busy maintaining and tech supporting current flow of things... (Have to account for both the mining as well as the folding part of things.. ) Where as cinni, blackcoin or mint for that matter might have had more time after the inital pow stage.

However, if you know someone with capability's to make such a thing possible. I would certainly propose it to the devs, maybe get their blessings.. And ofc invite all your scrypt asic buddy's to join the cause!

(also r3 and blackout make some valid points...but in total no one seems against it at least =))

r3animation

hero member

Activity: 756

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Quote from: cameronpalte on May 15, 2014, 01:49:37 AM

I was wondering if anyone's considered hitting this thing from the third angle. We've got GPU's hitting the folding pretty hard. We've got SHA256 ASIC's hitting the mining end pretty hard. What about a multipool so the SCRYPT ASIC's can hit the value end of things? Then all mining hardware could be used to develop and support CureCoin. Just a thought.

We have nothing useful for scrypt asics to do and it would effectively require a hard fork for nothing.

Asics secure network
GPUs fold

Scrypt Asics would be worse at securing the network especially because their are a lot less.
Scrypt Asics can't fold.

No no, scrypt asics could mine at a MultiPool, like BlackCoin's or CinniCoin's multipool. Basically they would mine Scrypt Based altcoins, and the multipool would automatically trade them for CureCoins. It's a proven technique that allows Scrypt miners to apply buy pressure to coins that are otherwise unobtainable for them.

It wouldn't require any change to the wallet or network. The Scrypt Miners literally just buy coins in exchange for their hashpower.

I guess what you're trying to say is,

SHA256 ASICs - Keep the blockchain going
GPUs - Folding the proteins
Scrypt ASICs - Multi-pool for earning curecoins

It sounds good, but we would have to remind miners it would be better to fold on their GPUs compared to mining scrypt on a multi-pool which they may direct to as they might not understand what is folding.

BlkdOut

newbie

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Merit: 0

Quote from: cameronpalte on May 15, 2014, 01:49:37 AM

Quote from: cameronpalte on May 15, 2014, 01:49:37 AM

I was wondering if anyone's considered hitting this thing from the third angle. We've got GPU's hitting the folding pretty hard. We've got SHA256 ASIC's hitting the mining end pretty hard. What about a multipool so the SCRYPT ASIC's can hit the value end of things? Then all mining hardware could be used to develop and support CureCoin. Just a thought.

We have nothing useful for scrypt asics to do and it would effectively require a hard fork for nothing.

Asics secure network
GPUs fold

Scrypt Asics would be worse at securing the network especially because their are a lot less.
Scrypt Asics can't fold.

No no, scrypt asics could mine at a MultiPool, like BlackCoin's or CinniCoin's multipool. Basically they would mine Scrypt Based altcoins, and the multipool would automatically trade them for CureCoins. It's a proven technique that allows Scrypt miners to apply buy pressure to coins that are otherwise unobtainable for them.

It wouldn't require any change to the wallet or network. The Scrypt Miners literally just buy coins in exchange for their hashpower.

Buy pressure created by these pools is almost none.... I think BCpool last time I looks was creating 7BTC of buy pressure... That is nothing. Those multipools are basically hype machines for people that do not do the math. Sounds like it would work though.

sumgye

sr. member

Activity: 280

Merit: 250

I was wondering if anyone's considered hitting this thing from the third angle. We've got GPU's hitting the folding pretty hard. We've got SHA256 ASIC's hitting the mining end pretty hard. What about a multipool so the SCRYPT ASIC's can hit the value end of things? Then all mining hardware could be used to develop and support CureCoin. Just a thought.

We have nothing useful for scrypt asics to do and it would effectively require a hard fork for nothing.

Asics secure network
GPUs fold

Scrypt Asics would be worse at securing the network especially because their are a lot less.
Scrypt Asics can't fold.

No no, scrypt asics could mine at a MultiPool, like BlackCoin's or CinniCoin's multipool. Basically they would mine Scrypt Based altcoins, and the multipool would automatically trade them for CureCoins. It's a proven technique that allows Scrypt miners to apply buy pressure to coins that are otherwise unobtainable for them.

It wouldn't require any change to the wallet or network. The Scrypt Miners literally just buy coins in exchange for their hashpower.

cameronpalte

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