Updated in OP
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Down to details, i want share these details so they can be discussed, argued, etc, until we hopefully reach a consensus. If need be we can add a poll or two to vote on whatever the community proposes.
Basic working of curecoin. 100 coins per block, 45 coins go straight to miners, 45 coins subsidy goes into a foundation folding wallet ( to be drained completely every 24 hours to all the folders ) and 10 coins goes into the Dev wallet.
Here is my current thoughts, this is the 10 coins per block, split into smaller portions to be used as follows. If this is totally unacceptable ill scratch it. There is 20% of the budget left, because i know im forgetting something....
curecoin dev budget rough draft v1.1
10% advertising
10% forum promotions - including universisty forums.
10% For stanford university to improve folding network.
10% Dev future updates on coin source and folding integration system
30% nvidia hardware giveaways
10% website / hosting DDos protection for backbone nodes.
10% promoting services to accept / trade curecoins
10%
? need more ideas <<<<< more nvidia giveaways?? -- forgot to reduce this ten % when i increased Nvidia giveaway portion by 10 % - fixed
Im thinking about shaving 2% off all the item to add to the Nvidia GPU giveaways. Even though ATI now folds well, Nvida users wont get their cards and use them for mining, just one more way to increase the folding project.
As you see its a rounded numbers rough draft. i think comparatively there are other coins with much larger dev budgets.
So far Ive funded this project with my own coins and the donations of others. Not one of those coins was used for anything but paying folders. I still have ~250 freicoins left from a donation months ago for a bounty to hit 1000000 points. this bounty goal was never reached ( will be soon ), but i held the coins even after my site was hacked an i lost contact with most of my folders. Freicoin has been syncing fine forme last time i tried. if someone hits 1M they are yours. its not much, but its a promise to pay for effort.
I would have another site up and going already, the last one had ~decent security upgrades, but i launched the site in a hurry, i have another properly secured forum that has stood tall for a year or so even through a barrage of attacks ( a gaming forum ). Its been months since ive made a post in my gaming forum. Not important compared to launching curecoin. Point is, ill get a site up... just give a little time so this time its secure, ill take my time on it. I might scratch the smf idea completely because it requires constant updates. Im only one man, im not sure if the devs i was talking to are still with me.... but its ok. Ive been making practice coins for months now. I plan on having a gui that isnt ass ugly too, I like doing gui design, i used to spend a bit of time customizing gui's on my own personal programs. The official is going to need to have a lot of work done.
The short term beta is going to be used as a scale to know what kind of difficulty retargets to use, and also get an idea of how fast coins will be produced, to create a proper coin cap that will not approach anytime soon. Im certainly not an economics buff, but i now know enough from watching other coins the basics of how it behaves due to these variables. Any economists feel free to give your 2 cents.
Since there is an immense amount of security required, im keeping in contact with Stanford. Their eyes are on us to make sure nothing goes wrong. Im not sure if he is allowed to directly endorse bitcoin as currency but he has given approval of the curecoin folding team. He informed me they are "preparing" for whats to come. Their IT team should be able to handle security on their end.
Soon you will get a better idea of the work and learning i did to finally emerge with a solution to create curecoin.
Enough of my rambling, please send your input about the payout system and dev budget, feel free to poke holes in my idea.