Hey everyone! CureCoin's moving along and we are expecting to launch within the coming two or three weeks!
Edit: A bit of clarification, CureCoin's goal is to reward miners for directing their OpenCL- and CUDA-capable (AMD and NVidia) as well as CPU computing power towards protein folding (Folding@Home) to help cure cancer. The coin will be rewarded out to folders on a proportional Points-Per-Day basis.
Unfortunately cygnusxi had an IRL mini-crisis unrelated to the project so he wasn't able to write this update which he was planning to release today, but here's a summary of our current progress:
>No longer using any 3rd-party stats for anything
>F@H Pool redundancy (if main payout pool goes down, secondary one will continue payouts as scheduled)
>Lightweight F@H client (optional) is easy to use, and can quickly halt/pause/resume folding, also estimates PPD
>Foundation moving along nicely
>Future plans for safe holding of Folding Payout coins by F@H staff
>Reduced Dev Fund premine to align with community's beliefs
>Higher percentage of coins paid out to folders than miners, though mining will still be worthwhile
We should be able to launch a stable, tested client in the next two or three weeks! At launch time we will have Windows binaries, full source code available, folding pool, backup folding payout system, 8 addnodes on servers with 100Mbps or 1Gbps connections separated geographically, at least one
mining pool (likely two or three), and a block explorer. Additionally, a standalone, simplified client will be available for download which makes starting/stopping/setting up folding much easier.
From there, we can focus on helping people get folding set up, getting the coin onto exchanges, and working with Stanford to further integrate into their system.
All donations which were 1 BTC for 10,000 CUR are still valid and will be paid out approximately one week after the launch of the coin. If, for whatever reason, you want to withdraw your donation, please let me know, as there are others interested in buying your slot, and we can facilitate donation-credit transfers.
$5000 of donation money has been donated to help F@H with server infrastructure.
Let me know if you have any questions! Thanks for your support!