Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018 - page 91. (Read 696254 times)

i still folding  so... i'm a believer in CC team and what they can do. keep F@H Smiley

Not necessarily, we all know that BTC is the only coin so far out there that is accepted as the overall "crypto currency". There isnt another coin (even litecoin) that is excepted at most places.  The way I see crypto is that each one will bring  a different use to the table. Here is how i envision the coins working together on the FAH platform:

• CURE - I do not want to speak on CUREs behalf, but would the admin of Curecoin please state what your plans for a use case scenario will be for CURE
• FLDC - This coin will be able to be used for the Counterparty marketplace (ebay for counterparty tokens) that we are building for transaction fees. For example: If you want to sell an item you may do so in any CP currency you wish, however, the transaction costs must be paid in FLDC
• POWC - Powcoin is trying to be a currency you use to buy comic books with. So there could be (could even be on the marketplace we are building) an area where you buy comics with POWC exclusively (you can contact POWC for more information on their coin https://twitter.com/POWCOIN)
• SCOTCOIN - Trying to become the crypto currency of Scotland when/if their independence ever gets passed. They have a great plan on how to do so (for more information please contact them http://scotcoin.org/)
• OCTO - They are going in a direction to use OCTO for fantasy sporting apps that they plan on building. They are currently in a rebuilding stage and this will take time. For more information please join in on their forum https://bitcointalksearch.org/topic/ann-octo-resurrect-888-new-counterparty-asset-960933
• We have another coin we will announce soon that has a specific use as well

Obviously this is just my opinion on how i for see the crypto space working out, but i envision cryptos having specific purposes. The whole point of Bitcoin was to be the universal token of the world and if you think about it, there really is no need for other cryptos to be used as everyday currency. even with the higher transaction time of BTC, there are fantastic services like Coinbase that push the transactions through instantly without having to wait for confirmation by utilizing off chain transactions for everyday commerce. However, i do believe with specific services on a coin by coin basis, that altcoins and tokens will be valuable for using that specific service. So the value of each coin will depend on the value of the service in which they intend/will provide the community in only accepting their specific coin for

Awesome!  That means the more coins we get for the same amount of work, the less each coin is worth!

With FoldingCoin you can earn additional coins. Being on CURE allows you to earn CURE in addition to our tokens. Please read up here http://foldingcoin.net/alttokens/ but the current tokens you can earn are:

POWC - Powcoin
SCOTCOIN - Scotcoin
OCTO - Octoparty (in 2 weeks)
Unannounced - We have another coin we will be announcing soon
FLDC - of course FoldingCoin

If you use a username like this one:

PookTwo_ALL_16muW9htJAYrrXrKN8BwWTmT6cgXscXDzJ

And if you are on the Curecoin team, you will earn all the above coins (plus any we add in the future) and CURE

Why don't we merge mine 10 different coins instead of just 2?  That would allow us to earn 5 times as many different kinds of coins. 

Just gave a retweet for ya

Thanks, looks great!

Done thx

Would be great if you could Tweet it

twitter: https://twitter.com/BTC_TT

Also FLDC is on Bittrex now if you would like to add that https://bittrex.com/Market/Index?MarketName=BTC-FLDC

This looks great

Do you have a twitter? Ill give this a tweet

Hi

I made a Step-by-step Guide to Merged Mining/Folding for CURE & FLDC

you can visit it at https://btctt.wordpress.com/mining-curecoin/

let me know what you think

thanks

Wow, a sudden 0.5 bitcoin buy-order at 4500! That's good to see 

Thanks you! Will setup this tonight! 

http://folding.stanford.edu/home/guide/linux-install-guide/ 

Is there a getting started folding with linux somewhere ??

Thanks 

So knowing full well that centralization is a big hindrance, you guys didn't forego on making sure than transparency was clear for the world to see?

I mean, it seems a given to have on the website's homepage to say:
x amount of currently pre-mined curecoin to be distributed to folders
x amount of points folded today equaling x amount of curecoins distributed today to folders
x remaining curecoin to be distributed for folders


Something of that nature. I'm in no place to criticize, my knowledge isn't anywhere near your guys', but come on, from a sales point of view I don't know how this passed by your guys' heads. I must be missing something here.

Good idea, I'll bug josh about putting that in OP


TBH, I'm not sure if the Outstanding figure on chainz factors in PoS, but somewhere around 3.6 million coins in circulation sounds about right.

Yup, centralization has been a big hindrance so far, hopefully we can fix most of that soon. It'll still be somewhat-centralized around the research institutes, but that's a drastic improvement from the current system. Marketing/etc. will become more of a priority once we have more to market, aka 2.0

Good links. Maybe it would be an idea to add all those infos on the front page of bitcointalk and on curecoin website

What will happen with the unclaimed coins once curecoin 2.0 is launched? For how long will people be able to exchange their cc1 for cc2?

Much appreciate all those links I didn't know about chainz.cryptoid.info

So if I understand correctly there is around 3.6mm coins in circulation with a market cap of around 29k usd

this coin could easily go to 1usd maybe even 10/20 usd if we start matching LTC which I think could be possible... I really believe in this coin but we need more media exposure and mostly merchants accepting it.

Moving from centralized to decentralized will be a big boost for credibility but I don't think it will be enough to get us to 1usd.

Is 24 million the total in circulation or is it the total cap overall? Because I know coinmarketcap will just look for all the coins that had been created. So you probably have the same issue as us with getting that number to display the correct amount.

Since all the coins have been created, to get a more accurate estimate of coins in circulation what we did was created an asset on Counterparty called "FLDCAPI" and this asset itself has no value and we control it. Basically we asked Coinmarketcap to watch the address that has FLDCAPI in it here http://blockscan.com/address/16cES2Nxv9D5vjsMT5A4HEwhbUPDg3Nnpd for the accurate amount in actual circulation. So then we simply move over each daily distribution to that address and it automatically calculates. Did that make sense?

So you could create a CUREAPI token and have the total undistributed CUREAPI amount in one address, and everyday move over the amount that has been distributed to the other address that coinmarketcap watches.

https://chainz.cryptoid.info/cure/#!rich shows the richlist, those top 6 addresses hold all the premine curecoins waiting to be distributed to folders.
For posterity's sake, these addresses are:
BRVMsiNb6gXq4XsTZ7LvMsktsctBFv51nd (Active 'payout' wallet, holding around 8,629,180 CURE right now. Note that this address isn't online often, it is used to refill the true 'hot' wallet when necessary).
B94cxTxuecy1jP5hfEV3EZTaxGAMnoMU8E (Coldstorage, holding 2,322,629 CURE. Hasn't been touched since block 4141)
B6UzKzMnNk8DbAq7hpH8ZqScxdTGkUYYo6 (Coldstorage, holding 2,322,628 CURE. Hasn't been touched since block 4147)
BTLLZVK7C9C8YTSnLqqtm8F5X3YphM79Ef (Coldstorage, holding 2,322,628 CURE. Hasn't been touched since block 4157)
BKf3prKE3UWtttQp5Lb945yW2XJb23nt8u (Coldstorage, holding 2,322,628 CURE. Hasn't been touched since block 4159)
B4dbDb5Qt7DifAd26LqJZi756fNB9YS2JB (Coldstorage, holding 2,322,628 CURE. Hasn't been touched since block 4179)

https://docs.google.com/spreadsheets/d/1BY-ezmmVbooFwa3dzJZowpYmxEu9HgO2o5FeR7Evc-U/edit#gid=0 Gives the detailed math for the premine breakdown.

You can check out https://chainz.cryptoid.info/cure/address.dws?BRTsnn5J8E61ep8mZM4YGuSLmV5wGeZU6N.htm and follow the premine from its source (that's the original premine address).

Right now, the 'cold storage' number is those addresses added together, plus a few hundred thousand sitting around waiting to be paid out for folding rewards.

Some of the coins on the payout pool might have staked, I don't keep up with that. Policy is (I believe) any staked coins from user balances left on the server are rolled into payouts, so it'll push back the folding halving date, or make the folding payouts stretch longer. At any rate, the folding pool payout model should (assuming cc2.0 works as planned) disappear sometime in 2015 and be replaced by a distributed method of coin generation. At that point, the remaining premine won't be transferred to the new chain.