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Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018 - page 57. (Read 696267 times)

member
Activity: 103
Merit: 10
The old logo is being phased out. If you do a fresh git clone right now you will get the new client. Other minor updates were done at that time.

Maybe you could try to taint in red or dark red the two small "atoms" of the logo?

I compiled under Linux the new wallet and started it just copying my old wallet.dat file in the .curecoin folder.
Looks like there is a minor bug in the code as in the "Recent Transactions" area I get the last transactions from my previous wallet client and the area is not updated with recent transactions. Also in the "Transactions" tab I have 3 old PoS transactions staying on top with the "?" mark and the amount between [].

90% of the speed when we set the current record, and another large volume price spike to increase folders so jump on for some folding while the market is good and lets break another record in distributed computing   Grin

It's a matter of days now Smiley Maybe you could contact the Guiness of Records? It would be good advertisement for Curecoin...
And before the end of November, Curecoin Team should be #2.
And we might be #1 before the end of 2017!! Cheesy
sr. member
Activity: 397
Merit: 251
CureCoin Lead Dev

.... .. speculation.. once the spike in folders starts to slow down or even out - another price spike from interested parties could happen, making sure to keep the folders (miners) happy and in the green. Again just some fun with speculation. It could be any number of entities that created the price spike.

.... We are currently at 80% of what is needed to break the old world record.    


We are at 90% of the old record we set at ~ 19 petaflops on the f@h network now. Just yesterday the market price spiked 50% and found a new (pretty large) buy wall at 8k sats. So still profitable especially merge folding with fldc.

The old logo is being phased out. If you do a fresh git clone right now you will get the new client. Other minor updates were done at that time.

As to the comment about a lack of ambition for Curecoin 2.0, to clarify its not that we dont want to, at this point it is ~95%+ launch ready on Vorksholks end, but we are stuck in a waiting game with the politics of launching new technology. Not too different from we launched Curecoin 1.0

As for Curecoin 1.x I am glad to be able to focus on more updates to the core system with the help of the new core team members. So dont be too quick to write of the value off curecoin 1.x versions as I do plan to keep updating it and expanding the core team further.

The new theme removes the old coin logo completely and will now be themed around this logo



Its less of an eye soar then the old logo me thinks ;-)

 90% of the speed when we set the current record, and another large volume price spike to increase folders so jump on for some folding while the market is good and lets break another record in distributed computing   Grin
member
Activity: 66
Merit: 10
It's interesting to see what will happen. In the end, in my opinion, potential worldwide merchant acceptance is really the only thing that pushes coins to the top of the market cap. And that simply cannot happen with the current centralized CureCoin 1.0 . .

In my opinion it's sad that the CC team was somehow lacking ambition for CC2.0... Indeed their aim should have been to create THE ULTIMATE COIN that would send to trashcan all the useless global-warming-increasing GPU-based coins out there and concurrence Bitcoin, because being the ultimate cryptocurrency would push the coin to the top of the market cap and conversely offer tens, maybe hundreds of GPPD to F@H.

But for CC2.0 to be the ultimate cryptocurrency, I think they should:
   - Remove all the flaws of CC 1.0 (mainly the premine -> DONE)
   - Not add flaws in CC 2.0 (the certification authorities)
   - Add massive advantages over Bitcoin (either new or inspired from other popular coins):
      - Protection against quantum computing (DONE)
      - Block time under 30s to allow effective payments
      - Anonymous transactions (Vorksholk argued that it might allow illegal stuff, but cash payments in US$ allow it too and they don't help F@H in compensation)

Maybe SigmaX or CC3.0 will be the ultimate coin...

And then, having the technically ultimate coin that moreover helps F@H, CC's PR should contact all major merchants accepting Bitcoin and convince them accepting Curecoin.





Regardless, they've done something really great even if they can't fulfill those requirements. Right now I'm just looking forward to the new website with hopefully a fancy "sneak peak" diagram of how CC 2.0 plans to work.
member
Activity: 103
Merit: 10
It's interesting to see what will happen. In the end, in my opinion, potential worldwide merchant acceptance is really the only thing that pushes coins to the top of the market cap. And that simply cannot happen with the current centralized CureCoin 1.0 . .

In my opinion it's sad that the CC team was somehow lacking ambition for CC2.0... Indeed their aim should have been to create THE ULTIMATE COIN that would send to trashcan all the useless global-warming-increasing GPU-based coins out there and concurrence Bitcoin, because being the ultimate cryptocurrency would push the coin to the top of the market cap and conversely offer tens, maybe hundreds of GPPD to F@H.

But for CC2.0 to be the ultimate cryptocurrency, I think they should:
   - Remove all the flaws of CC 1.0 (mainly the premine -> DONE)
   - Not add flaws in CC 2.0 (the certification authorities)
   - Add massive advantages over Bitcoin (either new or inspired from other popular coins):
      - Protection against quantum computing (DONE)
      - Block time under 30s to allow effective payments
      - Anonymous transactions (Vorksholk argued that it might allow illegal stuff, but cash payments in US$ allow it too and they don't help F@H in compensation)

Maybe SigmaX or CC3.0 will be the ultimate coin...

And then, having the technically ultimate coin that moreover helps F@H, CC's PR should contact all major merchants accepting Bitcoin and convince them accepting Curecoin.

member
Activity: 66
Merit: 10
So .. speculation.. once the spike in folders starts to slow down or even out - another price spike from interested parties could happen, making sure to keep the folders (miners) happy and in the green. Again just some fun with speculation. It could be any number of entities that created the price spike.

It's interesting to see what will happen. In the end, in my opinion, potential worldwide merchant acceptance is really the only thing that pushes coins to the top of the market cap. And that simply cannot happen with the current centralized CureCoin 1.0 . .

Edit: I don't want to sound like a downer, I have huge personal investment in CureCoin myself. However, I just had to say it is a very high risk / high reward gamble. Even more than bitcoin was Smiley

Good job gaining the new folders guys. It seemed like the spike in folders to 200M PPD caused the spike price this time.. Simply too fun to watch.
legendary
Activity: 1498
Merit: 1030

Actually not a M$ or more, just a few k$ per week would suffice to progressively and steadily increase the value of CC and at the end bring all GPU miners stop contributing to global warming spending tens of GWh just for PoW (and therefore producing a lot of CO2 for "nothing") and doing instead something useful (folding) while generating profit.

 I noticed we had a big buyer today, did the math on their near-10k buy (might have been 10k before I got on to check the exchange) and a few $k a week WOULD be noticeable.

 On the other hand, a $Million as a "floor" order would be nice too, especially if it shifted up a bit every day or even every week.

member
Activity: 103
Merit: 10
Dr Vijay Pande (founder of leader of folding@home) is keeping busy. Now Andreessen Horowitz is pretty keen on bitcoin and a general interest in all cool digital items (like f@h). The recent price spike that left people baffled... seems like it spiked oddly a few times recently. Since its still profitable even though the price is not holding the peak of what it just hit, team curecoin is growing very fast! At this pace we will break our own world record we hold on the folding@home network. So .. speculation.. once the spike in folders starts to slow down or even out - another price spike from interested parties could happen, making sure to keep the folders (miners) happy and in the green. Again just some fun with speculation. It could be any number of entities that created the price spike.

I think that instead of speculating and hoping for a new surge to come out of the blue, the guy in charge of PR in CC team should build a solid file about CC2.0 and send it to the Gates Foundation, Warren Buffet and all other potential philanthropist organizations around the world asking them to invest in CC to support F@H.

Someone needs to talk Bill Gates into having his foundation buy a $milllion or more CureCoin a month.
They could possibly write it off as a tax-deductable contrabution to folding research - I'm SURE he's got some good lawyers to make the argument stand up.

Actually not a M$ or more, just a few k$ per week would suffice to progressively and steadily increase the value of CC and at the end bring all GPU miners stop contributing to global warming spending tens of GWh just for PoW (and therefore producing a lot of CO2 for "nothing") and doing instead something useful (folding) while generating profit.
legendary
Activity: 1713
Merit: 1029
BTW, I am folding away, for almost ten years now.
I will try to convince GPU miners on local forum to switch to Cure.
What happened to http://1.curecoinmirror.com/calculatordemo.html?
It would help a lot in convincing them.

Great to have you on board folding for CURE. We always welcome experienced folders in our forum to help newbs.
There's no better way to re-purpose unprofitable GPU mining equipment than to put it to work folding proteins - and with merged folding (you get CURE plus Counterparty Tokens (FLDC,Scotcoin,MagicFLDC,PepeCash)), so your recommendation to GPU miners is golden. Combined this actually makes folding profitable on newer GPU hardware.

Yes - the profitability calculator disappeared after a server migration (along with its source  Angry ). We have to ask you to refer to the manual instructions until Vorksholk or I can get it re-written:

https://www.curecoin.net/knowledge-base/14-knowledge-base/about-curecoin/16-how-is-the-currency-divided-up/#ProfitabilityCalculator

or to get a rough idea of the cost per coin based an 12 different hardware profiles:

http : // tinyurl . com / curecoin-costs-of-folding-2016

I have a copy of the Curecoin 2.0 Whitepaper in a PDF by Vorksholk which was on Coinmirror earlier, in case that was lost too.  I was wondering why link was no longer good.  Now it's clear.

The only thing we lost when that server went down was the calculatordemo. All of the Curecoin 2.0 code, whitepaper, SigmaX, etc. is all backed up in multiple locations (although the whitepaper will be massively overhauled before launch).
newbie
Activity: 27
Merit: 0
BTW, I am folding away, for almost ten years now.
I will try to convince GPU miners on local forum to switch to Cure.
What happened to http://1.curecoinmirror.com/calculatordemo.html?
It would help a lot in convincing them.

Great to have you on board folding for CURE. We always welcome experienced folders in our forum to help newbs.
There's no better way to re-purpose unprofitable GPU mining equipment than to put it to work folding proteins - and with merged folding (you get CURE plus Counterparty Tokens (FLDC,Scotcoin,MagicFLDC,PepeCash)), so your recommendation to GPU miners is golden. Combined this actually makes folding profitable on newer GPU hardware.

Yes - the profitability calculator disappeared after a server migration (along with its source  Angry ). We have to ask you to refer to the manual instructions until Vorksholk or I can get it re-written:

https://www.curecoin.net/knowledge-base/14-knowledge-base/about-curecoin/16-how-is-the-currency-divided-up/#ProfitabilityCalculator

or to get a rough idea of the cost per coin based an 12 different hardware profiles:

http : // tinyurl . com / curecoin-costs-of-folding-2016

I have a copy of the Curecoin 2.0 Whitepaper in a PDF by Vorksholk which was on Coinmirror earlier, in case that was lost too.  I was wondering why link was no longer good.  Now it's clear.
legendary
Activity: 1498
Merit: 1030


It also appears that curecoin's morale is higher than anticipated, I was expecting the price to dump much harder given all the new folders coming in..

Most folders are smart. They anticipate that with the future release of CC2.0 which is probably going to be the most secure crypto + the SigmaX bonus, the value of Curecoin might skyrocket, so they keep it.



I know this might not be a speculation spread. And I'm not trying to create FUD. But it appears that I was correct. The new folders want to sell, and there isn't the demand to support them.

The only thing that can raise this price is the CC2 release by the team, or a kamikaze whale (which will only repeat as a vicious cycle until the CC2 release), or some ridiculous slew of merchant acceptance.

 Someone needs to talk Bill Gates into having his foundation buy a $milllion or more CureCoin a month.
 They could possibly write it off as a tax-deductable contrabution to folding research - I'm SURE he's got some good lawyers to make the argument stand up.

newbie
Activity: 29
Merit: 0
BTW, I am folding away, for almost ten years now.
I will try to convince GPU miners on local forum to switch to Cure.
What happened to http://1.curecoinmirror.com/calculatordemo.html?
It would help a lot in convincing them.

Great to have you on board folding for CURE. We always welcome experienced folders in our forum to help newbs.
There's no better way to re-purpose unprofitable GPU mining equipment than to put it to work folding proteins - and with merged folding (you get CURE plus Counterparty Tokens (FLDC,Scotcoin,MagicFLDC,PepeCash)), so your recommendation to GPU miners is golden. Combined this actually makes folding profitable on newer GPU hardware.

Yes - the profitability calculator disappeared after a server migration (along with its source  Angry ). We have to ask you to refer to the manual instructions until Vorksholk or I can get it re-written:

https://www.curecoin.net/knowledge-base/14-knowledge-base/about-curecoin/16-how-is-the-currency-divided-up/#ProfitabilityCalculator

or to get a rough idea of the cost per coin based an 12 different hardware profiles:

http : // tinyurl . com / curecoin-costs-of-folding-2016
sr. member
Activity: 308
Merit: 250
So you guys definitely do not know what created September price hike?

We have some thoughts, but nothing is definite. As far as anyone knows, it could be the US government using confiscated bitcoins to help boost participation in DCN research they seed through the NIH and NSF. Pande Lab and Folding@home receive NIH and NSF funding, while BOINC no longer does, but many of its underlying projects do. If you’ve notice, all three science coins (CURE, FLDC and GRC) got a significant boost, so whomever it is, they are NOT playing favorites.

I'm sure every coin has approached people like Mark Cuban and other members of the Shark Tank ... could be one of them. Cuban doesn't believe in bitcoin, but appreciates "the blockchain".

Ummm ... Paul Allen?

It's anyone's guess really :-)



Thanks for thorough reply.
Quite interesting that all three coins surged in same time-frame.
That makes theories about "pump and dump" worthless.
BTW, I am folding away, for almost ten years now.
I will try to convince GPU miners on local forum to switch to Cure.
What happened to http://1.curecoinmirror.com/calculatordemo.html?
It would help a lot in convincing them.
newbie
Activity: 29
Merit: 0
So you guys definitely do not know what created September price hike?

We have some thoughts, but nothing is definite. As far as anyone knows, it could be the US government using confiscated bitcoins to help boost participation in DCN research they seed through the NIH and NSF. Pande Lab and Folding@home receive NIH and NSF funding, while BOINC no longer does, but many of its underlying projects do. If you’ve notice, all three science coins (CURE, FLDC and GRC) got a significant boost, so whomever it is, they are NOT playing favorites.

I'm sure every coin has approached people like Mark Cuban and other members of the Shark Tank ... could be one of them. Cuban doesn't believe in bitcoin, but appreciates "the blockchain".

Ummm ... Paul Allen?

It's anyone's guess really :-)

I myself have no idea how is the monetization of Curecoin possible in the first place. I thought that the value of Curecoin comes from people who buy Curecoin for $$$ and then donate them to Curecoin project.
Is that correct?

I would start by trying Stanford’s Folding@home software for yourself to see how the Work Units are processed on your own computer, and sent back to Stanford for evaluation. http://folding.stanford.edu/

You’re not alone in the assumption CureCoin is a donation based system. The answer is simply "NO"!

76% of the the value of curecoin is derived from our team member’s actually participating in Folding@home and letting their PCs and Macs contribute computing cycles to the underlying medical research. The more people participate in CureCoin, the more computational cycles each curecoin represents (and the value theoretically goes higher).

Here’s how the coins are divided: https://www.curecoin.net/knowledge-base/14-knowledge-base/about-curecoin/16-how-is-the-currency-divided-up

If you want to see where Protein Folding research comes into the FDA drug approval process (the one recognized in practically every country on earth), read this CureCoin article: https://www.curecoin.net/2-uncategorised/84-curecoin-two-year-ann-focus-on-science

We do collect donations for up to five different charities, as well as funds that help the CureCoin core developers maintain the folding pool, websites and social media presence.

In the near future, we will actually allow donors to contribute directly to cloud folding - more on that in an upcoming announcement.

I understand why Bitcoin for example can be monetized: people buy Bitcoin for $$$ and use them to buy stuff on Darknet or pay cryptoware ransoms. And there are chinese billionaires who need to move their billions out of the country so they buy Bitcoins in China and exchange them for dollars out of China. So suddenly bits of ones and zeros called Bitcoins have monetary value.

There are dark aspects to any new commodity/property - some physical commodities like gold, silver and diamonds share the same dark moral undertones. Now China is hoarding rare-earth minerals in order to stay competitive.

The bits of 1s and 0s that are part of any cryptocurrency (generated by the HashCash mining algorithm for bitcoin) are not easily produced. Neither are the Work Units produced by protein folders. That’s why we attempt to equate the 1s and 0s to medical research rather than purely “securing the network” via SHA-256 (HashCash) mining alone. Just like bitcoin or Ethereum, Curecoin includes a “controlled supply”. Which means the there are block reward halving periods every 4 years to account for Moore’s law.

As to what you can buy outside of peer-to-peer transactions with CURE (where you actually have consumer protections)? There are altcoin markets being created on systems like www.Coinpayments.net (which allow any business to register to accept CureCoins). There’s a modest but growing market there.

I understand that altcoins like Ethereum/Libry/Monero have some specific features that make people buy them instead Bitcoin.

But who buys Cure for $$$? Who wants Cure? How is it possible it can be exchanged for Bitcoins and then those Bitcoins exchanged for $$$?

CureCoin’s value proposition comes from the underlying computational biology research and the ability of the currency to maintain security. Right now CureCoin produces about 10-12% of all computations on the Folding@home network. This equates to about 10 petaFLOPS of medical computation research. If you convert that into running those protein simulations on a supercomputer, it equates to multi-millions of dollars per year of computing power: https://www.linkedin.com/pulse/what-top-producing-foldinghome-teams-like-curecoin-used-ivan-tuma

About 19% of all CureCoin includes coins produced by the HashCash Proof-of-Work mining algorithm (like bitcoin) in order to help secure our network (although similar to PeerCoin, we also have very broad Proof-of-Stake participation to secure the network - the CureCoin QT-wallet holders earn something akin to “interest” based on how many coins they hold).

As to who buys or who wants CureCoin? People who believe in a better world. They believe the coin will develop greater value in the future as the accelerated research leads to more efficacy in drug compounds, personalized medicines, custom enzymes and nanotechnology.

Incidentally the results from FAH are publically available (open source), so we are not helping any one particular big-pharma entity, or anything like that. Everyone has equal access.


Can somebody elaborate because it boggles my mind.

Hopefully that helps answer some of your questions. I would start with reading through the CureCoin knowledgebase to get a fuller understanding about the Coin design: https://www.curecoin.net/knowledge-base

sr. member
Activity: 308
Merit: 250

Dr Vijay Pande (founder of leader of folding@home) is keeping busy. Now Andreessen Horowitz is pretty keen on bitcoin and a general interest in all cool digital items (like f@h). The recent price spike that left people baffled... seems like it spiked oddly a few times recently. Since its still profitable even though the price is not holding the peak of what it just hit, team curecoin is growing very fast! At this pace we will break our own world record we hold on the folding@home network. So .. speculation.. once the spike in folders starts to slow down or even out - another price spike from interested parties could happen, making sure to keep the folders (miners) happy and in the green. Again just some fun with speculation. It could be any number of entities that created the price spike.

So you guys definitely do not know what created September price hike?
I myself have no idea how is the monetization of Curecoin possible in the first place. I thought that the value of Curecoin comes from people who buy Curecoin for $$$ and then donate them to Curecoin project.
Is that correct?
I understand why Bitcoin for example can be monetized: people buy Bitcoin for $$$ and use them to buy stuff on Darknet or pay cryptoware ransoms. And there are chinese billionares who need to move their billions out of the country so they buy Bitcoins in China and exchange them for dollars out of China. So suddenly bits of ones and zeros called Bitcoins have monetary value.
I understand that altcoins like Ethereum/Libry/Monero have some specific features that make people buy them instead Bitcoin.
But who buys Cure for $$$? Who wants Cure? How is it possible it can be exchanged for Bitcoins and then those Bitcoins exchanged for $$$?
Can somebody elaborate because it boggles my mind.
sr. member
Activity: 397
Merit: 251
CureCoin Lead Dev
I would like to announce 2 new core team members!

Jason from Capsule Corp Microtech is joining currently as our Spanish Ambassador, yet he is bringing more to the then translation skills. Jason is highly motivated and has been folding with team curecoin in the past.
Here is some of the work he has done so far

New translation of remake of the getting started video guide
https://plus.google.com/114434888246102640571/posts/A17PPMueGtY

More translation work
http://www.capsulecorpmicrotech.com/criptodivisas/curecoin/

Last but not least Dr. T. Gottleber aka "Mad Dr G". He is currently teaching computer science and has been folding with team curecoin for some time now.
He has already included a book that covers curecoin in his class requirements with plans to do to more. He has been extremely helpful even before becoming a member of the core team.

Since there is some speculation going on in the recent posts lets have fun with some speculation. I not sure if the crypto community to follow events like this one, so here it is
http://www.forbes.com/sites/alexkonrad/2015/11/18/andreessen-horowitz-launches-biotech-software-fund/

Dr Vijay Pande (founder of leader of folding@home) is keeping busy. Now Andreessen Horowitz is pretty keen on bitcoin and a general interest in all cool digital items (like f@h). The recent price spike that left people baffled... seems like it spiked oddly a few times recently. Since its still profitable even though the price is not holding the peak of what it just hit, team curecoin is growing very fast! At this pace we will break our own world record we hold on the folding@home network. So .. speculation.. once the spike in folders starts to slow down or even out - another price spike from interested parties could happen, making sure to keep the folders (miners) happy and in the green. Again just some fun with speculation. It could be any number of entities that created the price spike.

Well thats your update to read over the weekend. So jump in and fold for coins while they are hot! We are currently at 80% of what is needed to break the old world record.  

edit- as noted in above posts there a lot of guides for using SHA asics, most pools provide some basic instruction and you can also just follow any guide written for sha mining of bitcoin as the process is identical. For most of these asics instruction sets are usually specif to your hardware type.
newbie
Activity: 40
Merit: 0
Stats system update includes a new feature: monthly leaderboards: - http://folding.stanford.edu/home/blog

Team/donor/OS (montly) statistics: - http://folding.stanford.edu/stats/
member
Activity: 66
Merit: 10


It also appears that curecoin's morale is higher than anticipated, I was expecting the price to dump much harder given all the new folders coming in..

Most folders are smart. They anticipate that with the future release of CC2.0 which is probably going to be the most secure crypto + the SigmaX bonus, the value of Curecoin might skyrocket, so they keep it.



I know this might not be a speculation spread. And I'm not trying to create FUD. But it appears that I was correct. The new folders want to sell, and there isn't the demand to support them.

The only thing that can raise this price is the CC2 release by the team, or a kamikaze whale (which will only repeat as a vicious cycle until the CC2 release), or some ridiculous slew of merchant acceptance.
legendary
Activity: 1498
Merit: 1030
Given CureCoin is largely based on F@H in certain ways, not hard to get the two confused for the uninitiated.

 9-)
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