Respectfully, I think you're dead wrong on merged mining. Any block that is solved by merged mining comes from work already produced on the primary blockchain. Mining BTC alone or mining BTC with CureCoin being merged mined (or even 6 coins being merged mined) should not have any impact on your BTC income or power usage. The advantage of this being: if curecoin is not profitable, it will be hard to keep up a large ASIC support network - but, if it's merged mineable, you no longer need to be high-profitability to get hashrate. Miners will merged mine you because it is "free" to them - while supporting your network.
If you have plans to be a top player and capture a segment of the ASIC hashrate, then by all means, proceed. But in the much more likely event that the coin will not be a primary mining target for profits, merged mining offers a very real and very efficient solution to the network hashrate problem.
*Please remember I'm not the developer of the coin.
I see the advantage but I feel like it is outweighed but what I see as 2 disadvantages.
1) Curecoin and Bitcoin use the exact same algorithm. Therefore the way I see it is power used to solve the Bitcoin algorithm is power not used for the Curecoin algorithm. We may get more miners but each would be doing less - of course I may be totally wrong by this, I've never tried merged mining - feel free to correct me if that view is not correct.
2) I don't like the idea of the coin being reliant on any other coin - that is if curecoin becomes successful and bitcoin crashes I would want people to focus on mining Curecoin.
My personal plans for marketing the coin is to be a top player - a coin that is the same as Bitcoin transaction wise but with the size benefit of research. I can see merged mining being an efficient solution but as off now we may have even too many people mining profitability wise - our difficulty is already over 0.1% that of Bitcoin - not bad for a coin slightly over 2 days old with a network hashrate of 78 th/s.
Let me know if I'm wrong about how merged mining works I'll go do some more research, thank you for presenting your points.
Merged mining gives free power to the coin
for example, when namecoin came out it had a problem of being pool mined to a very high difficulty
but its difficulty adjustment algorithm was the same as bitcoin's so when it got too expensive to mine EVERYONE stopped
then it was stuck at high difficulty (a few million if not a little below a million)
merged mining means namecoin has difficulty of over 5 billion and increasing
there is just no comparison between merged mining security and non-merged mining because you actually get 100% of the mining power of each miner, not a part of it
the only reason the difficulty is lower than BTC is because some pools don't mine namecoin
but yeah, namecoin being mergemined with BTC made it have a difficulty more than 60% that of BTC
This sucks.
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