Topic: [ANN] CureCoin to be released soon. (Read 36609 times)
Did this project die? And if so, are there any related project out there?
But... without a premine scandal it will fade away in oblivion, jk finally something worthwhile.
This is worse than most premines, the devs keep 10% of all coins.
It looks like it might be much worse than that.
Where is Developer Vorshalk getting the money to deploy his GIGANTIC FARM THAT IS KILLING PROFITABILITY OF CURECOIN (AND FOLDINGCOIN) FOR EVERYONE ELSE?
His actions reguarding this are an INSULT to everyone else that participates in both CureCoin and in FoldingCoin, and has actively ticked folders off to the point that people refuse to participate in Folding@Home any more (and I'm in process of turning into ONE of those, I'm TIRED of this shit and TRYING to compete with a DEVELOPER WITH ENDLESS MONEY).
█ ★Curecoin (CURE) █→ Now Live on: http://www.cryptocoinrank.com/Curecoin
Hope you and the community like it. For a brief description about www.cryptocoinrank.com see: https://bitcointalksearch.org/topic/annwwwcryptocoinrankcom-for-sale-for-sale-for-sale-579901
Enjoy
Whats the diff from pre minning 10% of all coins before or gathering them slowly lol.
You also have to take into account one of the most advanced health and cancer research doctor is going to be taking all the dev. fund and distributing it accordingly. Which greater growth for the coin. Just a question do you happen to know how much it cost to run a server for the back end of Fah or the back end of how the transactions occur? Well it is not cheap. So I am completely fine with doctor Pande distributing accordingly with 100% trust. All being said CureCoin is still the best coin ever thought of and actually made.
You also have to take into account one of the most advanced health and cancer research doctor is going to be taking all the dev. fund and distributing it accordingly. Which greater growth for the coin. Just a question do you happen to know how much it cost to run a server for the back end of Fah or the back end of how the transactions occur? Well it is not cheap. So I am completely fine with doctor Pande distributing accordingly with 100% trust. All being said CureCoin is still the best coin ever thought of and actually made.
But... without a premine scandal it will fade away in oblivion, jk finally something worthwhile.
This is worse than most premines, the devs keep 10% of all coins.
any progress yet??
Yup, we are releasing soon! https://bitcointalksearch.org/topic/pre-ann-curecoin-development-continues-330685
any progress yet??
wonder if theres any progress on this?
Protein folding will not effect the blockchain. hashers will secure the blockchain (confirm in previous post). Hashers will be sharing a portion measured by bench marking hardware of similar value.
If folding is separate from mining, it means that half of the network will effectively run the Folding@home client while the other half will waste their GPU power mining the coin. What the point of the coin, then? Wouldn’t it be better just to assign some reward in established cryptocurrency like Bitcoin, mine it and then give rewards to those who contribute to Folding@home? Or at list make your coin merged minable with Bitcoin, like Devcoin and Namecoin had done. Or with LTC if you want scrypt.
In order to make a coin that will do something useful, the useful algorithm should at the same time ensure the security of the blockchain. So far, this was only done as a proof of concept by Primecoin, because finding prime chains is doubtfully useful. Only this way the hashing power is not a simple waste of energy.
What you so far propose is to waste energy in order to create some doubtful (because the coin will not magically gain value) economic incentive for participating in Folding@home. Does not sound very convincing.
These systems distributed projects already work by rewarding users with "credits" (useless, it is more like scores) for contributing the network.
Of course it is a nice thought to think that it would be neat if these "credits" actually had a monetary value.
But maybe, NOT having a monetary value is more effective in these altruistic projects (as I explained before in page 5).
Now, in a similar light we have a analogue case of monetarily incentivized coinchat.org vs. normal non-incentivized IRC chatrooms.
It will be interesting to see if coinchat actually flourishes or crashes and burns. Something that boosts the extrinsic motivator in coinchat.org is the randomness of the incentives which may cause "addiction" to its users, so it is an interesting live social experiment.
Why not just make an energy efficient coin why a Proof of Stake like PPCoin and then add a variable to the CoinAge parameter (which defines your profitability) related to the processing power you gave to some research process?
We should define a standard to benchmark your hashpower which the servers of Folding, Seti and others should implemented.
We should define a standard to benchmark your hashpower which the servers of Folding, Seti and others should implemented.
Protein folding will not effect the blockchain. hashers will secure the blockchain (confirm in previous post). Hashers will be sharing a portion measured by bench marking hardware of similar value.
If folding is separate from mining, it means that half of the network will effectively run the Folding@home client while the other half will waste their GPU power mining the coin. What the point of the coin, then? Wouldn’t it be better just to assign some reward in established cryptocurrency like Bitcoin, mine it and then give rewards to those who contribute to Folding@home? Or at list make your coin merged minable with Bitcoin, like Devcoin and Namecoin had done. Or with LTC if you want scrypt.
In order to make a coin that will do something useful, the useful algorithm should at the same time ensure the security of the blockchain. So far, this was only done as a proof of concept by Primecoin, because finding prime chains is doubtfully useful. Only this way the hashing power is not a simple waste of energy.
What you so far propose is to waste energy in order to create some doubtful (because the coin will not magically gain value) economic incentive for participating in Folding@home. Does not sound very convincing.
Hi cygnusxi,
Do you have any updates about the coin? I still follow it because i like the idea behind it.
Alwin
Do you have any updates about the coin? I still follow it because i like the idea behind it.
Alwin
You might want to check over at http://foldingforum.org/. Don't think he is coming back here as a couple of trolls got under his skin. I was all giddyup on this project until his last post. Moving on...
-tb-
So, does all the protein folding I've already done count :p (I assume not haha)
Edit: Opps, kakao doesnt have me anymore (have not folded for a while!)
http://fah-web2.stanford.edu/cgi-bin/main.py?qtype=userpage&username=DudeAmI
Edit: Opps, kakao doesnt have me anymore (have not folded for a while!)
http://fah-web2.stanford.edu/cgi-bin/main.py?qtype=userpage&username=DudeAmI
This name...
Hi cygnusxi,
Do you have any updates about the coin? I still follow it because i like the idea behind it.
Alwin
I'm curious too. Do you have any updates about the coin? I still follow it because i like the idea behind it.
Alwin
Hi cygnusxi,
Do you have any updates about the coin? I still follow it because i like the idea behind it.
Alwin
Do you have any updates about the coin? I still follow it because i like the idea behind it.
Alwin
I hope you can overcome the many hurdles here. I know how overwhelming being sick and trying to manage a project can be.
Please be careful about calling everyone greedy, yet you are altruistic. Is it not in your self interest to do this project? I haven't found a case where people act with no incentive. Why monetize a project if not to appeal to that? In this way you are enabling "greedy" people to come to the project.
Again, I would like to use my processor power on something research based. If you can make a viable system, I wouldn't worry as much about your coin being manipulated in the beginning. People will come to you en masse if this is found to be stable, with all the proper checks and balances.
Please be careful about calling everyone greedy, yet you are altruistic. Is it not in your self interest to do this project? I haven't found a case where people act with no incentive. Why monetize a project if not to appeal to that? In this way you are enabling "greedy" people to come to the project.
Again, I would like to use my processor power on something research based. If you can make a viable system, I wouldn't worry as much about your coin being manipulated in the beginning. People will come to you en masse if this is found to be stable, with all the proper checks and balances.
The whole folding part is just a publicity stunt to get a new crapcoin off the ground. Smokescreen, smoke and mirrors.
-MarkM-
-MarkM-
You posted the same type of assumptions in my ScienceCoin thread. Why would anyone devise such an elaborate plot when the only thing that is required to get a new "crapcoin" off the ground is to change 3 lines of code in the Bitcoin client and release it as something "new"? It seems pretty obvious that Cygnus has the best intentions with this project, as do I with ScienceCoin.
True, but not if you do it in a initial distribution and then let it live it's life from then only supported by tx-fees (like bitcoin eventually will). Or if you manage to get some kind of voting system up and running in the blockchain for which future donated computing power projects are to be granted a part of generated CureCoins.
The idea adds an insanely massive and totally not-necessary expense: the securing of a blockchain.
Since the folding problems have to come from an authority anyway, that authority can also track the balances of users.
The whole blockchain overhead is merely an insane waste of resources that is completely not needed given there already has to be some kind of authority.
-MarkM-
Since the folding problems have to come from an authority anyway, that authority can also track the balances of users.
The whole blockchain overhead is merely an insane waste of resources that is completely not needed given there already has to be some kind of authority.
-MarkM-
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