Topic: PRE [ANN] CureCoin development continues.... - page 19. (Read 94916 times)

"Maybe we could send all our details to some trusted forum moderators and admins, and they could confirm?"
   

that would be good enough for me. Like the guy everyone uses for escrow or someone like him or a few of the oldest most trusted on here.  It should be important for you guys who are devs to actually know who you are dealing with too.

Also not every dev helping out need do this. Only the controlling owner/devs i.e the ones that control the flow of the 10%.  That person/persons needs to be fully accountable and traceable if they decide to pull a phenixcoin stunt.

The one thing i hated most about the phenixcoin crap was when it all broke down they all tried to say none of them had control of anything and it was all the other guys doing. It is still not clear which of the devs owned the project, who had any control and who took all the coins.  This can be about 1000000000000x bigger than phenixcoin so let's get it right from the start.

The breakdown of the 10% seems reasonable it really needs to be set more in stone that we will figure it out as we go, but really if it is for the most part fair i think it will work out great. Devs need to be rewarded for their work and so they should be programmers etc don't work for nothing people need to realise that. Just need to have it all open and above board. Beyond reproach and critical remarks.  When you are dealing with stuff like helping curing cancer there can be no scams or bad dealings that are not open or the entire thing is tainted and ruined. 

If this turns out as big as it should be i think hiding any of the initial owner/dev real id is impossible. There is bound to be lots of media attention.

Not a bad idea, but I think most of the devs myself included aren't very open about pasting everything about them online for the world
Issue with full disclosure are there are a lot of crazies out there. If someone didn't like something about the project, or wanted no competition for their own project or something... Perhaps we could do some kind of public meetup for certain geographic areas? Have like a 'meet at xyz town at zyx place, and meet a CureCoin dev'! Obviously not something for now, but down the road if the project gains traction.
Maybe we could send all our details to some trusted forum moderators and admins, and they could confirm? Any ideas I'm missing?

Here is a good idea.

If you want trust given then lets start with the real names and addresses of the devs/owners behind it.

Let's not ruin this project and make it into another phenixcoin situation.  If all the devs and owners behind this are going to run it strictly by the book, open for everyone to see then i see no reason not to have full disclosure of all owners/devs.

They are still looking for iamatrix or whatever he is called. The most they know is that he maybe called MIke.  Their premine was about 2% i think, so for essentially 10% of all coins i think it is reasonable to have full details of whom exactly is behind it.  They promised to give it all away in prizes in the casino  etc etc ....sadly like you say trusting faceless people on the internet is not something to be encouraged.

Let's start with the 3 people mentioned in the OP  who are you in real life?

Hey guys! People are bringing up some really good points, so I'd like to have one concise post here, since I see a lot of questions getting asked multiple times.

So, let's get started.

1.) How is the proof-of-work system protected against cheating?
The proof of work folding has been 12 years in development by the creme-de-la-creme at Stanford's Pande Labs. Any issues found in cheating points have been quickly fixed and accounts on their end either banned or docked the points earned through the sketchy work submissions. All work is given redundantly, so if three people get solution for some work unit, and someone else submits something else, that person WILL NOT get points or any sort of credit for the submitted work. Any ways to arrive at the end result with less computation simply means someone made a more efficient protein folding module or something of the like, which is not bad.

2.) Where does the dev fund go?
10% is a lot! However, it's not all lining our pockets. Not nearly all of it is. We don't have exact percentages yet, they will be released soon though. Here's the categories were are planning for:
--> Community Hardware Giveaways (Which we are kicking off at launch with one brand-spanking-new 760. Yup, it's not much, it's just a slight taste of what is to come. If CureCoin takes off, we'll be shipping off Titans.
--> Pay Development: Whether that is paying ourselves a bit for the time devoted to the project or hiring contract programmers for jobs. This will be a fair chunk of the main dev budget, but certainly nothing excessive. Numbers coming soon, once we iron out some details.
--> Emergency Relief Fund: A fund for money that fills up until a catastrophic world event happens (Hurricanes, Tsunamis, Earthquakes, Nuclear Meltdowns). When such events occur, we will cash out good quantities of money from this fund and send it either as cryptos or as fiat to relief donation acceptors, such as the Red Cross.
--> 0% services: We will offer small 'bounties' and sums of CureCoins to some people who will be running 0% mining pools.
--> Public giveaways: Aside from NVidia hardware, we'll also have giveaways for stuff like faucets, which we plan on making.
--> Bounties: Similar to Pay Development, but different in that we don't choose a particular person for the project (such as a free-lancer or forum member, but instead put up the bounty and anyone who fulfills the requirements of the project gets the bounty)
--> PR/Advertising/Marketing: We want to get this network exposed. We want people interested. We want media coverage. Ads. Facebook, Google, Reddit. Ads. Buying them.
--> Sponsored Events/Projects: Not sure about this one, pretty broad. Things that benefit humanity in some way or another, and need a touch of financial backing.
This isn't a complete/finalized list, we will post a full one soon.

3.) How can we make sure the dev fund goes where it should?
That's a bit tricky. We're planning to enforce a rule of forcing every dev who moves dev funds around to have to add a tx comment about where they are going. Some of the results will be very clear. Hardware giveaways are very open and clear. Same with folding pools @ 0%, and faucets, and bounties, and public giveaways of other sorts. Emergency Relief Funds will likely be stored in one address that anyone could go to any CureCoin block explorer to view and see how much went where. When we make donations to charities, we plan to get some kind of confirmation from them and post it. Personally, I would like the dev team (myself included) to all update to one blog about where dev funds are going, what percent of whose coins are going where, what rate they are being exchanged at, additional info. Will that happen? I hope. I promise to do that with my dev funds.

4.) How many dev funds are you getting? Where are they going?
Dev funds for me are undetermined. I don't know what percent of the dev fund I will be receiving. A good portion of what I am getting will go into hardware giveaways and possibly a faucet. If I get enough dev funds and CureCoin reaches good exchange rates, I will be giving away some sweet GPU hardware, and maybe full-built Folding rigs. They will be sent out to people who are already on the folding team. Some will be sent to really high earners, some will be sent to the people mining with their Intel Atom in their netbook. Sometimes there will be slogan competitions, or they will be bounties for something or another. Details to come once market prices have some stability.

5.) Centralization!?!
Yes. Some components of such a project require some level of centralization. The folding pool, of course, requires you guys to fold to a certain folding team, and requires you to use a certain website. However, I have a backup folding server based off entirely different code. If CryptoBullion's folding pool goes down for whatever reason, mine will kick in, and payouts will continue as usual while the site is unavailable. The network transactions themselves are decentralized like every other cryptocoin in existence.

6.) Why should we trust you guys?
Trusting people on the internet is hard. I try to refrain from it. If you don't trust us now, that's fine. We aim to earn your trust, and we hope to be one of the most transparent, community-driven projects in existence. As mentioned above, there are plans to have all dev funds moved around tx-commented, and have publically-verifiable info about donations, and other uses of dev funds for good causes. I really like the blog idea. Let everyone know where everything is going, how it is going there, why it is going there, how much is going there, etc. And back that up with blockchain evidence, provided documents and proofs of donations for services, withdrawal receipts to services, etc. Public confirmation of hardware delivery. Etc.

If you don't trust us, we understand. This project is a long-term project, and whether you get involved is totally up to you. Don't like the project? Don't fold, don't mine. This is an open economy, and if the project is truly flawed, the market will reflect that.

How much folding power will my hardware get?
It's pretty hard to know off the bat, you can google your hardware to find out approximations on forums, make sure you are looking at data for Core 17, as that is the fastest core for GPUs. If looking for cpu data, look for Core A4. PM me if you need folding help.

Is it possible to setup directly the pool for proof of work on my miner, so I'm sure to not miss the launch?

I'm not 100% sure to be ready on launch time + timelag with US 

As a long time F@H user, I am super interested in this!

this

http://cryptobullionpools.com/lostPass

does not work

it is not sending password reminders out

Asic mining will be just as simple as mining any other coin. Folders may want to download the folding client now and give it a try if u have not done so already.

We have 2 pools lined up to be launch ready, and it sounds like a 3rd is being built, and many more have asked if they can build a pool and simple response is yes, any pool builder is welcome to build a pool, the official source code will be available to everyone at the same time.

hrm.. on google plus he follows the Dalai Lama and jon stewart... doesnt seem like a bad guy.. where does this say we are in it for the money ?

and thanks for posting that... we were going to post it anyways ... lol.. u act u uncovered something.. he follows Dalai Lama on gplus on no! lmao.

this is the person behind curecoin:

http://www.ipaddressden.com/email/[email protected]

gplus profile: https://plus.google.com/109310206371113778598/posts

his other site: http://marketsmash.com/

http://curecoin.net/ <- their first pool.

TL;DR all these people behind this project seem to be _in_ it for the money.

Nice layout. Folding with an incentive to earn has enormous potential as long as the strategy outlined is adhered to and the devs are not able to abuse their position.

Played around with curecoin during the beta a bit and will be throwing my limited F@H power at the official release.

One of the many good aspects i dont think that has been mentioned yet...

All the devs funds will be marked by tx messages for the intended use, making the transparency of the dev fund ever higher through the use of a block chain explorer.

Hopefully this little detail will go a long ways in the making of curecoin.

Most of the devs are already picking charities to give to incase curecoin becomes valuable. Personally i like the cryptohobo fund.... http://cryptohobo.com/

All of the devs are also honored to be a part of this... this has been a great journey to the launch of curecoin, months of planning and testing... and a recent boom in dev support.

While this all seems like the obvious community focus is ," how do i mine /  fold and earn the most coins", dont forget that this project is about a lot more then just being a cryptocoin. This project hopes to increase the speed of the folding at home network by a very large amount.

http://fah-web.stanford.edu/cgi-bin/main.py?qtype=teampage&teamnum=224497

proven by the progress made so far, we have already made in impact in the testing phase.

you should have quoted more of my statement... nice way to chop out how i just got done saying that the folding at home network will have extra eyes on the WU's submitted through our team....

As far as your trust in the dev team....... dont mine it if you dont trust it... Rule #1 in the crypto world , we should all know that one by know...

"algorithmic-strong" ..... because folding proteins is so simple to start with eh? 

This dev team is in this for the long haul.... Its more of a life mission at this point i think, for most of the devs involved. Myself included.

This is garbage. A coin has either exploit resistant proof-of-work or it doesn't. "u be banned" is not only "social related" but also exploitable on the side of the pool, devs, etc... It is not the miners that have to prove themselves to a "central autority" to compensate for laziness and incompetence. The burden is on 100% YOUR side, don't try to push it elsewhere. Make it algorithmic-strong from the beginning or the coin is dead.

Everyone who signed up during beta / alpha  phases will be in the database already on a freshly launched site tba on launch day 

You can just use you old username and pw to log, and then u will of course download yourself a curecoin-qt , and then put you curecoin addy into the pool,  and voila... get paid to fold

I was involved during beta.  Does the team number @ FAH stay the same?  And we sign up elsewhere for our addresses and getting paid, or do we get a client?  Is that info being withheld until the final release, or did I miss it?

ok lots or replies to cover here,

Biggest item on the board seems to be the dev fund. In previous posts titled " dev fund preview -  i want to be transparent " , Cygnusxi break down the dev portion into a many sub sections is meant to support a FULL range of team members. let me see if i can find that really quick...

curecoin dev budget rough draft v1.1
10% advertising
10% forum promotions - including university 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% Huh? need more ideas <<<<< more nvidia giveaways??

now as you can see the "dev" or in this case multiple devs, are working for 10% of that 10% to maintain the coinbase, which comes out to 1% split amongst them

Promotion and advertisiting... another way for the coin to sustain itself. There will be google ads and facebook ads soon in all corners of the internet, bringing in a whole new crowd of people into the crypto scene.

30% or more for nvidia hardware give aways to folders !!!!! WWOOOOOHHOOOOOOO .. thats dev funds well spent.. thats high quality nvidia hardware bonuses in your hands for folding!!!!

the budget is laid out pretty well imo. there thought of one person getting 10% of this type of coin, i see why you may have been concerned, please read that link to get an understanding for how cygnus wants to constantly be updating the system and expanding his team... at the rate the team is growing that budget is actually going to end up being spread pretty thin. 1% is the actual figure for the coin dev team 1% for the front end team. There is also plans in the works to improve the coding of the coin in a manner that will not be easy to afford, and will be another big first in the world of crypto.

this can be found in this topic below, posted september 4th.

https://bitcointalksearch.org/topic/curecoin-team-looking-for-more-members-devs-and-supporters-of-any-kind-welcome-287442  Topic: Curecoin team looking for more members, Devs and supporters of any kind welcome  (Read 122 times)



i want to point out that i did say i appreciated the gridcoin devs efforts... i even suggested he could team up with up for a more powerful team (sorry if i can of rash about gridcoin )
i read the reply from the gridcoin dev and he says he did indeed have to implement a patch, and for sticking to his coin and backing it up i surely can give gridcoin its chance to shine.

There was a post about cheating the FAH system with dup work etc... Well, good news there too, Cygnusxi has already received confirmation that pande labs( the creators of FAH) will keep an extra close eye on team curecoin    so cheating the system will be very very unlikely and if anyone is caught... u will be banned and any coins accrued will not be rewarded.

So... hopefully dev fund is better understood, and thx to gridcoin for the explanation of his fix, my apologies for doubting your coin. i was not aware that a fix was pushed. Hopefully also the ideas of cheating the system are subduing.... since we have a little help from the minds at stanford.

Agreed.  People think they can pass one over on their work validation system in F@H?  That's been tried for other rewards.  In fact, your work is checked through for errors... and rejected if not complete and accurate.

Yes, I see your point and agree with your stance on the 10%.

I believe the GPU thing is being worked on by "Gridcoin" right now.