Bitcoin Forum

CureCoin - Dedicated to finding cures, and paying you for your contributions.

Thanks to the support of many people, it is now time to launch CureCoin.
http://miningpool.marketsmash.com/curecoinlogo.png
Copyright © 2013 CureCoin Team

CureCoin is going to be a research driven coin, benefiting both miners and researchers.

Basic benefits

Chance to find cures for cancer, Alzheimer's, Parkinson, and Huntington's, and hopefully more.

Eliminate the excessive need for high power mining by using some of that power to fold proteins.

A coin that is likely to hold value due to its benefits to society.

Nvidia owners will be able to focus on research, and get fairly rewarded. No more running stacks of gtx ti cards to only get ~200 mhash.

         
        -No premine involved.
        -Low transaction fee 0.01
        -Easy to use client
        -Launch site - to be decided.
        -Project will be open source
        -CureCoin will have multiple features (secret for now) to prevent pump and dump by early adopters.
        -Scrypt Algo

-Launch site - to be decided. <<---- what does this mean? Source code and binaries might be getting released elsewhere. There is a possibility this coin will be first released on a university website.

For everyone who was been wanting to spend your electricity wiser while still mining for crypto, here it comes.

Many thanks to everyone who has been promoting and especially the ones who joined team "Cryptocoin Network". This team has been the inspiration to this project.

Check out our current stats and predicted ranks. Keep in mind this team is only a few days old, and we are competing against teams that have been folding since year 2000.
http://kakaostats.com/t.php?t=224497 (http://kakaostats.com/t.php?t=224497)

Visit the team thread on the forum if you havent already.
https://bitcointalk.org/index.php?topic=193084.0 (https://bitcointalk.org/index.php?topic=193084.0)

 

Sweet! 8)

 :D

But... without a premine scandal it will fade away in oblivion, jk finally something worthwhile.

when = soon

Watching.

How far along in the development are you guys?  Looking forward to this, but joining folding@home work units with coin mining is not going to be easy!  Best of luck!  :)

here we go

I guess NVIDIA wants a piece of the mining cake. AMDs stock did pretty good in the last couple of weeks. I'm sure some eggheads ad NVIDIA noticed that.

So possible NVIDIA has brought this coin to life.

No, not easy at all.
Here is something i found while searching the topic. To give you an idea of how complex it is
https://docs.google.com/file/d/0B3qaT-ZL6aeKOHNEQWdpZEtRYWc/edit (https://docs.google.com/file/d/0B3qaT-ZL6aeKOHNEQWdpZEtRYWc/edit)

Someone was really close to doing this once. I spent days staring at this code, and finally thought of a way to cut right through the nonsense of making something this complex that could be rendered useless if it ever needed an update. The CureCoin will be able to compensate miners and folders much differently then this previously proposed code. You will have the full details when it launches.

Edit - Didnt answer how much of the code is in place. About 90% done.

对此项目表示非常的关注~期待作者的最新消息~


 :)

I have to say. If you guys can do this. WELL DONE. Something worthwhile. I will be watching this thread for more information. This would be something I would fully support

Awesome! ;D

if you somehow made that to mine this you need folder@home rewards i give you 2 internets.

But looks like another hype,  unless this is someone's university project.

anyway... good luck launching without a website... you need to put serious money and developers if you want it to have some btc value...

I can already imagine the troll box. " Buy CureCoin, it cures cancer!!"  lol

I would expect this to work by having the protein folding be the proof-of-work algorithm, but your post says that you use scrypt. How can scrypt hashing fold proteins?

Love the concept. Hope you are serious! Good luck :)

well I hope this is the truth! very exciting! are red crosses or that snake-around-the-pole-thing copyrighted? might be nicer on the coin than the current symbol.

kakao team ?

Nice!

This was something we all tossed around as an idea including myself. While its a great idea, its not the one ill be using.

Im as serious as stage 4 cancer... ill complete this even if it kills me. I already know i can do it. Just gotta give me some time... I dont plan on leaving you all waiting long. Heck, I dont want to leave myself waiting either  ;D

Ill be burning the midnight oil for a while to complete it as soon as possible.

Thats just a link to the stats, my folding team name is "Cryptocoin Network"

lol dont worry about the website, it will come... website will take me very short amount of time compared to the rest of the project. if i could only type on 2 pcs at once .....

Well done mate this sounds really great  ;)

This is a brilliant idea!!!  Coins based on political/social drives.  THis is where the crypto currency market is going.  Welcome to the new economy!

I hope it has fast transaction confirmations.. no one likes to wait

Also a questions:

How will the code look for cures to the diseases? DO you have specifics on the code used? (or at least some more info?)

That is a great shame, so how exactly will this system deliver workloads to miners wishing to help with cures and will it have this feature on launch ready to use and start making the world a better place ?

If the answer is yes, I would like to co-ordinate with you to add support for this coin to our casino which is quite altcoin friendly.

I appreciate the idea but i don't understand how is it supposed to work? Miners will mine but who will buy it and what for instead of bitcoin? Are researchers early adopters or what?

Yes how will the protein folding work with a block chain?

maybe previous blocks can contain messages of previous folding iterations for proteins, instructing each individual machines in the network not to create that same iteration again, further narrowing down different folding patterns very quickly!

This is a great idea, will there be anyway you can choose they type of research your miners are working on?

Excuse my ignorance but what exactly has folding yielded? I mean a usable product not something that "helps scientists understand X better". I'm not bashing just curious.

http://en.wikipedia.org/wiki/Folding@home#Project_significance
http://folding.stanford.edu/English/Papers

Also, could someone put some info on how this thing actually works. I can't find a concrete response to the issue of making folding work mathematically verifiable. For this to work, you need to have something computationally challenging, yet quickly verifiable:

Bitcoin has the process of finding a block with the required difficulty - this is computationally expensive. Performing a single hash on a block is extremely quick and allows for sound verification that a user has found a valid block.

So far, CureCoin seems to have talked about the computationally expensive part (the folding) but I can't find any mention of how you quickly verify that someone has done the folding the claim, and not just made up a random output....


I like the core concept of making the Bitcoin mining process actually useful, and not just harder and harder for the sake of it....

Ok so the wiki article is full of "as of 2012 something continues too" and helped scientists understand something.
Second one... reading scientific papers hurts my brain and probably most of them are full of biology and chemistry, my knowledge of witch resumes to "100% of people who ingest di-hydrogen-monoxide are dead". I love the compute to save the world concept, I did some folding myself but stopped circa 2008 when I couldn't find any palpable result of my wasted power (I wasn't paying for it at the time  ;D).

So you're not going to help cure cancer if it turns out fold-verifying is centralised at some U.S. medical university because it could lie about the proofs to cheat people out of money (that they bought to help cure cancer), blowing it on research grants or something?

:D

-MarkM-

This is a great idea! I hope to be an early adopter. Good luck!

Great to see someone working on an innovative alt that can provide real benefits to society. Looking forward to seeing what you come up with.

Two suggestions.

1. Change the coins image
2. Have you secured the .com domain?

If you need any help whatsoever, I would love to be involved with this project. I can do graphic design on the coin and I can help build the website for you. I will do some simple SEO as it looks like you are using wordpress.

can't wait looking forward to it  :)

oh ... another scrypt altcoin

Haha, I wasn't saying that, but from what I gather, people will effectively get paid CureCoins for doing folding work. If I'm going to support this, I want to make sure what's happening is what's supposed to happen, not just a bunch of fraudsters making random numbers and claiming it's folding.

It might have been me that missed something, but nobody has been able to say how this will be prevented - I think that it's something that needs to be considered. Like a lot of things Bitcoin related, it will be a target for hackers looking for easy income.

support for you!

Please explain how would mining benefit cancer research. I'd imagine hash power in scrypt does nothing to help research.

Thanks for the interest and positive comments. This project has taken a good deal of time, and its nice to know people appreciate that, it really keeps me moving at a good pace knowing there are supporters.

To answer the most common question "how in the hell is this gonna work" ---- you will have the option of mining via the blocks, or mining via folding, no matter what card you have. Obviously most nvidia users will choose to mine via folding, and most ati owners will mine normally. With a separation between these two functions I believe the overall result will be very stable, compared to trying to combine the functions into one.  hopefully that satisfies your question for now.

In this manner both the folding and the mining will be every bit as secure as they are now. Security is priority #1 with this project, to create a long term stable ¢ure'ncy. my twist for currency.  ;D

In order to keep this project safe from corruption before its release, Ill be working with as small of a group as possible, just enough to make it work properly. please feel free to contact me though if you are willing to help. For the most part I think i have this on my own, which is why ive asked help from only 1 person so far(from this forum anyways). I can also handle building the website, but i might take someone up on an offer to make one. If any web devs want to show me a link to their current work that would be great. If i choose to let someone else build the site it will be because they are a pro web dev.

sorry if this post is messy i have to get ready for work soon. Will be back later tonight to see if my Zippy keyboard holds up to its warranty promise.

Great idea, a real innovation in altcoins. A chance to mine coins and gain positive Karma at the same time.
Good luck!

This is going to sound a bit harsh. Please resolve these issues as I like the concept ;)

1.

What I read: "Premine FTW!"

2.

What I read: "Demurrage!"

3. I'm curious how you managed to devise a function that is (i) a fair POW, (ii) useful and (iii) flexible enough to stay useful. But since this isn't in the OP I'll just wait and see for this one.

Yes I also think that this could be a scam.

Sorry for my ignorance but I wonder how this folding@home works?
I have few questions which are maybe off topic but I'm curious to know.

1) How you know that this folding@home is used for the purpose stated "to find cure for cancer" and
not for other purposes like produce biotech weapons or similar evil staff?

2) If this is really used "to find cure for cancer" how are the users that
participate in the project rewarded? I have read that some point are awarded based upon
calculation performance but what can a user do with this points?
can they be exchanged for real goods and services or fiat money?

3) If the answer to the above question 2) is negative then I wonder why people are participating in this?!
   maybe they are motivated by the noble cause to help scientists to find cure for cancer but
   from this new questions arises and seems that people don't ask themselves like:

   Will the cure for cancer (medicine, drug )
      once found will be free of charge for all people to cure themselves as we
      gave resources (cpu + gpu + electricity) for free or they
      will have to pay astronomical amount of money to buy it?

   If this above would not be the case then the following workflow will be achieved:

   step 1) people give cpu+gpu power free of charge
   step 2) scientists payed by universities or PRIVATE COMPANIES take this power to find cure for cancer
   step 3) when the cure is found the patent is registered end sold to a pharmaceutical PRIVATE CORPORATION
         which will produce the medicine
   step 4) to cure themselves people will pay for the medicine
         for which they already had paid (electricity + CPU + GPU power) by participating in the project
         
   step 5) profit goes to PHARMACEUTICAL MAFIA and they all LOL how they fooled the people with noble cause
         and make profit on them.

nice logo

good points freigeist!

The result should be open source and as "live" as possible... i`m not folding for billionaires or for someone who will become a billionaire in creating drugs we found

I am very curious about your brilliant idea. Would love to hear answers to my stupid questions so I can try and understand  :)

1. So when people mine via the blocks, is that still solving the SHA algorithm? Or is it the Scrypt?

2. If two equally powerful computers mine the blocks and the folding respectively, will they get the same rewards? Otherwise this creates a bias in favour of what has the biggest rewards?

3. Will people/organisations be deriving a profit from this in any form? Besides the miners I mean. Say we find the cure for cancer, will that make some pharmaceutical company billions of dollars? Furthermore will the cure be made cheaply and released as a generic treatment which isn't expensive? I know cancer treatment drugs can be ridiculously expensive.

4. What will the starting difficulty be and how will you prevent the age-old argument of early miners getting too many easy coins?

5. Finally, will this be released anonymously/semi-anonymously or will you be releasing this full public with your identity? If it's the latter, are you worried about political influences and your safety/future freedom? Wikileaks etc.

Hope my questions aren't too tedious and I don't look like an idiot answering them. Can't wait to see this released. It will capture the general publics imagination.

I can see I am not the only one answering certain questions lol...

love it!! thank you to developers!! finally a coin that supports more than greed

Excited to see the implementation, sounds like tons of fun!

This is a coin that I think most people can get behind and support- from all cryptocoin sectors... no matter whether you're a bitcoiner, litecoiner, ppccoiner, terracoiner, feathercoiner, whatevercoiner.

If you succeed with the implementation that you have described, I will certainly support this coin.

This sounds awesome.  I will definitely be supporting this.

Great news! I'm in!

Colloidal silver cures cancer, marijuana is a scam.   ;D

But seriously, thanks for pointing out the Nooshare paper - that's a good one!

I thought of a better name too: MediCoin.  The post about the caduceus gave me idea!

"Hello I'd like to buy some internet pr0ns plz."

"OK that will be one Medicoin."

"Fine, here you go!  Oh look, I cured cancer!"

https://i.imgur.com/Z5ERPcL.jpg

So would you turn the parameters somehow so that rewards reaped by nvidia cards of certain price ranges which use the folding method reflect the value  of respective ATI cards in that price range? The way you explain it, once your coin hits, I certainly would want to do folding rather than the regular hashing but I would need nvidia cards first.

Or are the nvidia people going to be the good samaritans earning very few but doing the actual "curing" while the ati guys rake off the profits as usual?

Not to mention it transforms you in this type of superhuman:

http://i4.photobucket.com/albums/y106/bestill/2_61_320_vid_blueman_nobug.jpg

Oh Noez!  Quick, somebody find a cure using distributed semianonymous virtual currency!

I told him not to make his own but he was too cheap to buy mine.   :P

*dodges Grandpa Smurf's purple-blue eye lasers*

To heck with that. From the start Nvidia has been next to useless for mining... now is a chance for them to get in on the game.

Look at it this way, it would be a great way to introduce the "other side" into cryptos minus the big handycap. Now us nividias can actually do something worthwhile with some reward. Time has come because personally, I am sick of seeing some 2 or 4 year old ATI card own my nvidia cards in mining.

GO ahead call me selfish, heck ati have plenty of other options out there... go use them instead.

Just so you know Folding@Home is a project at Stanford.  There are other projects doing similar things.  A client for Folding is developed by Berkeley called BOINC.
http://boinc.berkeley.edu/

Some of your questions may be answered here about the folding side of things:
http://folding.stanford.edu/English/Science

What it sounds like to me is there are two parts to this coin.  Both parts are necessary.  The ATI cards to handle the actual coin side of things like Bitcoin/Litecoin and nVidia for the actual cure.

If I was devising this I would do a scale based with ATI on one side and nVidia on the other.  nVidia since it's rarer in the coin community would be paid more than ATI since they are in abundance. But as more nVidia cards come online then the scale evens out.

Have no clue what the OP is going to do but to me that would encourage more nVidia cards to hop on the band wagon and lower the number of ATI farmers from hopping on too quickly.

EDIT: Just thought of this, it may not be that way at all.  Since folding isn't dependent on the CPU or GPU it could be if your nVidia you work on the cure only, while some ATI work on the coin and others work on the cure as well.

You know that would not be a bad idea merging like that. Have the ATI do a majority of the mining while the Nvidia does the majority of the folding. Both would be doing the thing that the other half just flat out sucks at ( yes ATI just sucks folding as nvidia just sucks for mining )

IMO, there has been a cry for something more original here in the alt coin world besides just a simple recode. I do really think that this is something that could get some great intrests. As I said before this really could be a great first step on getting the nvidia side involved in the community. I would have left the community the first 2 days if it was not for jumping on some easier alt coins, but once the dif hits around 1.xxxx its almost not even worth the effort to search for a pool let alone set up the cuda launch.

An idea for how the "share" would be figured for nvidia is something like the amount of points you submit. Proof of work would be rather easy to prove because Stanford will either accept the work as finished or not... and it will only credit the work if it is done. SO that part is already done, its just getting it tied into the mining aspect of a pool so the shares could be divided kinda like they are now, except that it would be in the form of points instead.


This would also get the CPU aspect back into it because you can gain some good PPD from CPU folding too.

This is an awesome premise, I am going to subscribe to this thread in the hopes I can be on the bandwagon as soon as it releases. Also will this be SHA-256 or scrypt? Just wondered if all the jerks will be able to screw up the network like they do with every other SHA-256 alt coin.

This might sound a bit harsh too.

This is exactly the type of greed i intend to avoid.

So... youre saying if YOU dont get it released on YOUR favorite site, then its a premine because they saw it first? how fast is you hashing power and how badly do you want to rape the curecoin?

Also, why are you so afraid of logging onto a university forum? Not enough pump in dump scammers there for you to feel comfortable?

Sorry, this is going to be launched in a fair manner. If you dont like it because its not your easy pump n dump your used to, then dont mine, dont fold, and dont bother me, because all the greed flowing on this site is what will make me release this OPENLY and PUBLICLY on a university forum.(yea, there is a world outside this forum, maybe you should spend as much time on university forums as you do here)

Next person that suggests how they want this to happen for reasons of their own greed will be the one who makes it so bitcointalk is the last place to hear about it. You obviously dont care in the slightest about helping advance our world, but rather it seems you would like to stick to first come first to get served rich and everyone esle is fucked. this will be one of only a few slam posts im going to respond to. i have some god damn coding to do and its hard to concentrate when i know people are itching to pump n dump my coin.

Here is something for you... if this is released in a university, it wont take long anyways b4 you hear about it. MORE IMPORTANTLY, this will give REAL BUSINESS PEOPLE who are opening businesses all over the world, a taste of crypto currency. When that happens, you might actually be able to go spend you crypto at a business instead of just the current, extremely limited marketplace 

Just face it, people will soon not let you make money from pump n dump, i think everyone here is learning that.

congrats, you just delayed the release because now i want to recalculate a better way to STOP PUMP N DUMP.

and i want a reply about your hashing power - id like to know just how badly you are planning on raping a coin designed to help to cure cancer

There's always a cure for cancer, just throw as much money as you can at it and it'll be curable.

yes i know, thank you for bringing it up. there is over 100 research networks open to the public, besides bionc and @home. I encourage anyone to look around and try them.
This is a good post because people do need to be reminded that if you dont want to cure cancer, you can go look for aliens (SETI) or search for prime numbers(multiple projects like this). both of those are ones i find interesting. probably not as useful as curing diseases though.

Think of it think way, if you put all your time into SETI, and we make contact with aliens and invite them over for lunch... it could take 200 earth years or more for the aliens to travel here. you wont live long enough to meet them unless our medical technology is advanced.

this guy i like, you called it. yes, that is the goal for tuning the amount of coins received. payout based on quality of hardware. the folding forums are already full of all the info i need to adjust this ratio.

i cant think of a fairer way to payout.

Im sure someone is crying at the thought of nvidia getting an equal payout per cost of hardware, after spending all the money on ati. but not to fear.. i said EQUAL PAY. if you spent 1000$ on ati you will get the same return as someone with $1000 worth of nvidia. ITS CALLED FAIR  ;D

Edit - obviously this system cant be 100% perfect due to all the variations of card builds. nothing is perfect though.


no, it will be fair.

Where is the university forum you are talking about? I would like to read more about this. Don't worry I am not greedy, and even if I was I only have about 1200 Kh/s hashing power.  :'(

the post about this creating biotech weapons, LOL.

 i understand being paranoid.... especially about evil government conspiracy stuff.

 There are copies of all the protein structures available on many different research sites,u can cross reference them if you are really paranoid. They even include the work unit id you are assigned, so you can go search for the project you computed.

these come with a detailed description of exactly what the project is researching.

please go look for yourself.

http://foldingforum.org/ (http://foldingforum.org/)

If this is not released here, it will be there, go ahead an bookmark it. Since im aiming for fair.. i should probably post on both sites at exactly the same time.

That folding forum is one of many that im considering for official release. Better option yet would be to put it on multiple university forums, and bitcointalk.org, at the same time.

As you can see by this point, and above posts... I intend to make this launch as fair as possible for everyone who wants to contribute.

One last point before i go back to actually making this happen.

People are worried about drug companies making money.... please read these previous posts of mine




as you can see these questions have been addressed before. please search b4 you ask.

As someone who has hardware pulling over 1,000,000 PPD in F@H, this makes me very happy!

Will be keeping an eye on this.

 :o  wanna join team "Cryptocoin Network"? you could easily win the current bounty for holding top spot! come join us  ;D

https://bitcointalk.org/index.php?topic=193084.0 (https://bitcointalk.org/index.php?topic=193084.0)

I wonder if it would be possible for the 'cure' blockchain the the 'scrypt' blockchain to somehow be integrated together in such a way that perhaps some part of the data hashed relates to the previously-mined protein folding block? Not sure if I understand this fully though :(

I did protein folding for a while on my GPU, also did some projects with SETI, tried my hand at a prime number generator (and found a titan), it was quite a bit of fun. It'd be nice to see that NVidia card go to work again :)

Is this coin going to be SHA-256 or Scrypt based? Sorry if it has been answered already but unless I am on the wrong thread I do not see it. Or if you just want to point me to the whitesheet or an info page is fine too. Thanks for your quick response and thanks for working on this coin!

I could definitely point a few of my rigs towards the team for a few days. :) Thanks for the link.

I never got into Folding at home on my PC.  Ran it on my PS3 for several years though. On my PC I went with way back in the late 90's PiHex to find the 6 billionth bit of Pi or something.  Then I moved on to Seti for about a year or two.  Then I moved to BOINC and worked on Rosetta and World Community Grid which included Aids, Cancer, Clean Water and other projects for about 6 years.  I only recently switched from doing these to Bitcoin then Litecoin in the last month or so. I actually looked into Bitcoin a few years ago but its value was so low I decided to go back to BOINC.

The CureCoin sounds like the perfect mix of the two and I can't wait till it releases and hope we can put some pressure on the exchanges to get this thing going good.  Would love to see it be the talk of the media.  Be sure when you release it send out press releases to as many media outlets you can so they can push this coin for you.

I have had 3 Aunts, 2 Uncles all die from Cancer and several others who survived.

interesting...

While this isn't the only reason (patents are also a big part of the problem), a lot of cancer treatment drugs are expensive because they contain platinum. Having survived my own battle with cancer, I can tell you that platinum also has a number of harmful long-term side effects, over 6 years later I still deal with those side effects on a daily basis.

I support this and any other serious effort to find a cure for cancer that doesn't involve pumping our bodies with poisons like cisplatin and etoposide.

Nice!!

Will it be possible to mine this sustainably on a dual core laptop? Now that would be cool  8)

keep up the great work !! truly a honorable coin and cause .

Awesome! Bookmarking.  ;D

like this concept

IMO this is THE most important reason to support this coin. Traditionally medical research is funded by the same companies that sell you the treatments. Conflict of interest much? Creating an independent pool of funds from which to drive research in ACTUAL CURES not just harmful proprietary treatments could change the medical industry for the better, save lives, and increase the quality and longevity of many people's lives.

I think you should watch your blood pressure. If you release it on an open public access university forum first (of course linking to the forum in advance) it is not a pre-mine. If you purposively hide it so you and the other users of the other forum have an incredible edge after the coin is released it is definitely a premine scam. Your OP seems to imply the later, please inform me it is the former.

Considering my hash rate (although it is totally irrelevant): I own 1 HD6850 and have absolutely now idea what it's hashrate is for a Scrypt based hashing algorithm. If my hashrate can rape your coin it likely means I am the only miner and the coin has zero value.

Anyway drop the attitude. Now I found out the lead developer is mentally unstable my interest has decreased considerably. The chance of me sending any hashes your way is now quite close to zero.

Is this technically possible?
Who decides what's the work miners have to do? A central entity, correct? And so, how is a distribuited currency possible?

I'm quite sure that Satoshi tough about this, after going over it.

This is an Excellent Idea!

I doubt that this guy has the means to make an efficient folding simulator, secondly I consider it very hard to believe that he can fuse folding and scrypt in the same place.
Third, how can research institutions benefit from a uncontrollable, decentralized simulator where they can't readjust parameters at will?

Just FYI, you and the rest of the nay sayers obviously have no idea how im putting this together.

knowledge belief truth justification, all part of the "theory of knowledge"

Not to worry, i was just informed by someone with more knowledge of the crypto world that any of you, that bitcointalk.org is the last place on earth i should release this. so you dont have to concern yourself anymore.

and LMAO at this


nice waste of ten dollars. domain names are not subject to copyright, but anything you put on that site is... good luck finding a use for it.

I already have a nice place to launch...

Cheers

If anyone gives this muppet any coins for his 'I happened to register curecoin.org, please premine for me' scam I am calling the death of this coin.

lol dont worry, all he gets is butthurt by his own ignorance.

Like i said, having a good place to launch wont be a problem, especially with the approval of this project i have from stanford  ;D

maybe he should go buy .com .net .biz ETC ETC just in case i want those lol = spend 100$ on a domain that worthless to him

Besides, since i launched this thread i have offers coming from everyone everywhere to donate time and resources...

Ill be watching his site to see what he puts on there. Domain names dont fall under copyright law, but everything posted on the site does.

If he was a decent human being he would just give me the domain that he spent 10$ intended for curing cancer. he is as bad as the drug companies, trying to rip off the little guy for a cure for cancer.

consider it a $10 donation to the efforts of fighting cancer, and just hand it over... if he does hand it over.. at least everyone will know where it is getting launched! So if you guys want to know a for sure launch site... better tell him to hand it over lmao... troll the hell out of him if you have to. i can only spend so many hours making troll posts and still work on my project.

I really hope this coin leads to a cure for cancer so that its achievements match the self-importance of its creator.

Why such a hate? Of course if you really make it happen for a good purpose I will hand it over. No problem.
I registred it thinking that someone will do pump and dump coin from it and I could make some profit from it - that is all and I do not see problem with it. And looking at your signature I am not 100% percent sure that you are REALLY going to create same as you promise.
As I wrote earlier I definitely support coins which have better purpose
There is about 1/3 of a chance that I will get cancer in my life, so there is no reason to be against this

This currency if it ever sees the light, might have a surprising effect, and not the one you might expect.
Monetary incentives for altruistic projects might have a paradoxical effect of actually diminishing the altruistic activities once the monetary incentives are gone (if it is planned as a deflationary currency à la bitcoin)

This phenomena is well known and studied in motivation psychology.
Extrinsic incentives can destroy intrinsic motivations.

So, be careful in how you design this, as there will be an extra variable to deal with.

So in other words greedy kids won't do anything here because they don't see value in supporting something for a good cause? 

No, let me bring you a very interesting experiment.
There was a classroom with kids who naturally enjoyed reading books and other kids who didn't even touch a book.
The researchers brought a monetary incentive for reading, naturally those who didn't read books started reading them and those who were originally reading kept reading.
When the researchers stopped with the incentives, instead of falling back to the original baseline of readers/no-readers, it fell even further back: even those who naturally enjoyed reading stopped reading books.

The extrinsic motivation (monetary incentive) destroyed the intrinsic motivation (the pleasure for reading for the sake of reading).
There are Activities that are more rewarding for the sake of doing good or something cool.

There were other failed projects of social networks where users were rewarded with money if they brought friends to their networks. It sounded like an amazing idea at first, getting paid for something that you are already doing anyways: but they all failed miserably. The moment they fusioned rewards for pleasurable activities it was a death sentence for those projects.

Donating time and CPU power for folding@home for the sake of it is good, in fact they are generating several petaflops by their own.
Now, any attempt to fusion folding@home or boinc with cryptocurrencies MIGHT in fact endanger those projects.

This is a big red alert, and it must be planned very carefully.

The OP is a really hateful anti-social individual. Quite sad as this could have been quite interesting. I hope this comes to nothing and someone that's actually remotely likable takes over (so don't hand over the domain).

support you

I really hope this works out.

perhaps after you finish the coin you should make an announcement that you will be releasing it in a week or two weeks from that day. and give a certain date and time.

If this project is for real, at last my power costs will go to some good course, beyond heating our apartment atm (it's winter here in the Southern hemisphere!)

What makes me a really hateful person for wanting to make a FAIR release of a coin that is designed to support finding cures for deadly painful diseases???

wachtwoord, you will have to try to understand that i had no idea you are only owning 1 6000 series card. with the questions you were asking and the amount of posts you have, i figured you must have a room full of computers ready to instamine. Can we call a truce on this? Obviously a person with only one card is not going to destroy my coin. You have to understand, there is a line of people waiting for every coin with the bad intention of pump and dump style coin destruction. I made the mistake of guessing you were one of those high power miners.

I think you confuse where my hate lies. I hate drug companies for ripping us off. I hate the actions of most world governments. I also highly dislike pump n dump coins.

I especially hate that I know if this coin is not released properly, it will be raped like the rest of them.. so starting difficulty is going to end up being quite high. And absolutely no early adopter bonuses.


On another note, Im making some progress, and will be in contact with some experts in this field to make sure this launch is fair, stable, and trustworthy.

Yes, CPU's do a pretty nice job of folding.

Is this going to be related to folding@home or boinc? Or it will be a standalone project?

Initially I was going to focus on Folding@home. I was planning to add Bionc eventually anyways. Folding@home is dedicated to only finding cures, so I'd prefer to launch with just folding@home, and add bionc later after we make an impact on folding@home.

Very interesting and I hope to your support project. :)

Then have in mind what I said in my previous post.

I have some questions.

1. Will this coin have decentralization comparable to Bitcoin, Litecoin, and such?

2. Will the protein folding actually contribute in some way to the security of the network as proof-of-work, or will it solely be the hashers securing the network and "subsidizing" the folders?

3. Can your approach be adapted not only to Folding@Home, but a generalized distributed computing scheme?

4. What is the economic model of this coin? Will it be inflationary, deflationary, or attempt price stability?

5. Do you plan on introducing features beyond the protein folding in this coin?

6. Do you intend this to be used as general currency, or something more specific?

1. Since work units are distributed through universities, or eventually any other distributed research network, there is no way around some level centralization.

2. Protien 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.

3. Yes, the popular demand for Bionc (and others) added to this might not be far away.

4. I think what you asking is about : difficulty rises will be similar to other coins, but not as extreme, and the starting difficulty and retargets designed to prevent huge swings in difficulty. If this isnt what your after , sorry, i try to study many fields but economics bores the hell out of me. Thats why im listening closely to the economists giving me advice about this.

5. Yes, Bionc and others are a future plan, but its much easier to start with one and see how well it works.

6. If it is used as currency i think is up to the people that hold them, just like other crypto coins. Remember, even bitcoin was only supposed to an experiment but now has a value of ~ 100 +.

This of course is not the typical coin many of you would think ideal, but it is for a purpose. It is likely the coins will hold some value. Being able to get rewarded with crypto coins instead of just points should be enough for people to try it. Im sure some people will stick to completely decentralized crypto, but as we have seen, a lot of people are waiting for a chance to mine coins that encourage the advancement of hopefully finding cures.

Just like the original bitcoin, this is of course experimental, so know one really knows how it will turn out. The only way to find out is to try. If it is a flop, the we hopefully figure out what went wrong, and make curecoin 2.0

Im contacted medical students at 3 universities to spread the word about the project, in about 2 days ill have a dedicated website where i hope to see many med students, bitcoin enthusiasts and maybe some professors join the discussion of curecoin.
  

Watching this thread, its a great idea and something that i would be proud to mine.  ;D

Forum for curecoin
http://curecoin.info/index.php (http://curecoin.info/index.php)

I set it up quickly and just put in some necessary bot protection. If you have an issue joining let me know.

BOINC = open source

F@H = closed client

https://i.imgur.com/pl1CBS6.png

Also, this^^^

I am sure this was asked, but...

When about is this going to be launched? I don't need exact time, but maybe weeks, months?

Will this centralization only extend to the provisioning of the work units, or will the management of accounts and balances also be centralized? How are the rewards for folding handled from a technical perspective? Is it simply one private key held by whoever controls the folding that has the ability to inject an arbitrary amount of coins into the system as a reward? Will there be a trust-fee way for users to verify from a global perspective that coins are only being rewarded specifically for folding and not simply being created out of thin air?


What incentive is there for hashers to not just eventually kick the folders out of the blockchain? They don't do anything to secure it but do take away rewards that could go to the hashers. It sounds like you have an incentive problem.

Since the system is already fairly centralized, do you even need a blockchain?


Assuming the system is opened up to general distributed computation, will anybody be able to send out work units to be used for generating CureCoins or will you have to register with a centralized entity to do so? How do you intend on keeping the varied participants in this scheme honest?


What I was asking is how many CureCoins will there be, and how quickly will they be generated?

You're pretending like CureCoin is anything but a half-baked and poorly-thought-through idea that borders on scam territory. I don't think the OP has any idea about your questions. None of the idea, as written in the first post, makes any sense.

I`ll tell you what`s the cure for cancer and other stuff that bothers humanity today, and I quote "You are what you eat" . Already billions of dollars have been thrown at the situation for decades and nothing; do you thing Big Pharma is there to make you better!? Think again ...  

Seems a contradiction here.

OP ignored all my questions in the thread.

I was excited to see this kind of development since I have contributed to these projects for free. It didn't cross my mind that there could be risks to the projects but I tend to agree with bitsalame. Its great he pointed out what surprising results there could be.

I just thought I'd test if OP simply had poor English skills.

Yea well, we'll see what happens upon release, probably pump and dump... by the way, eta on the release...

what almost everyone here has failed to take note of..

1)Bitcoin was an experiment... so is this... im not promising miracles.

2) This is something for people who want to donate their gpu / cpu power to help find cures, if you dont like the idea of there being a possible 5% miscalculation  in you share because the system isnt perfect, then you can continue to mine your greedcoins.

3) The main idea behind this is to encourage larger distributed research networks, not to make you rich from a pump n dump.

These things being said, im trusting more in what the professors and doctors are telling me and not the bitcoin junkies. ill be going with the recommendation of professors and doctors as for launch method.

This WILL NOT BE designed to make bitcoin junkies money ( although, bitcoin was just an experiment, cant say it enough because you have all seem to forgotten that )

This WILL contribute to research networks, possibly making the world a better place to live.

If you cant understand the driving idea is to promote research, and not to make money, then your greed has surely passed you good will.

When the project is ready bitcointalk.org will probably not be included, universities will put it to much better use then a world of self admitted scammers. If you want to prove your dedication to actually helping the world instead of wasting electricity, please join my folding team and starts getting points, as the beta launch (CDCCoin) will be tested only by a small group of students and my folding team as well.

Enter, Bitcointalk FLAME MODE ... please show your frustration in the following blank space. Ill be communicating with a slightly more helpful, peaceful, and honest group of people getting together that actually see through the bitcoin trash talk and see that im trying to do something useful. Ill be done here on bitcointalk as soon as i know my folding team knows were to go to contact me.

And to think i was almost naive enough to release curecoin here... maybe the next time someone comes up with something like this you wont spend so much time crying scam. you can cry scam till your ass bleeds if it makes you feel better. but its a system to encourage research. not really sure how thats a scam.

Cheers

Jesus are you new to the internet or something? You're going to let some assholes ruin it for everyone? You're coming off as a big baby right now.

yea i hate to let a few assholes ruin it for the rest, but the few assholes im worried about have enough hashing power to ruin it for all of us, just like every other new coin that comes out, havent you noticed the pattern? step 1 new coin step 2 pump n dump

and i dont call taking the advice of professors over the advice of bitcointalk.org being a baby. i call that a good decision.

I think the OP just has the usual lets make another coin bug, and finds curing cancer or whatever a useful propaganda face to put on it.

As has been pointed out already the folding and so on already need some centralisation, so a blockchain is just totally insanely expensive layer of extra crud. (Blockchains are very very expensive to secure.) They can reward people for folding or whatever using simple normal databases, or if you want them to be able to reward folders with cryptocoins they can be donated cryptocoins by anyone who wishes to support them, or if they are creating open source databases of open source folding data and open source cancer-curing drugs and so on they could even get onto the DeVCoin receivers list so they automatically get devcoins, which they can then use to reward people who do folding for them.

As someone also pointed out there is even an incentive problem for miners, they would be better off if they just throw out the folders.

All in all actually financing research, as distinct from finding yet another excuse to create yet another coin, would be best done by using a merged-mined coin so that the miners are securing it with free hashes instead of having to divert hashing power away from bitcoin. So really the best approaches seem to be (1) If the research to be supported is free open source producing free open source results, just use devcoin; (2) If it is to be closed source results, results patented for drug company exploitation etc, then clone devcoin.

Either way miners get to donate FREE hashing power they are already spending on mining bitcoin and, if they choose, also namecoin and groupcoin and ixcoin and i0coin and coiledcoin and geistgeld.

My impression though is the OP is just out to spam out yet another coin, is willing to co-opt people's humanitarian sensibilities to do so, thus will find any excuse to force a whole new coin to be created and to even pointlessly confuse/entangle it with the folding etc to be able to claim it is "unique".

All the research really needs to support it is funds of any kind it can afford to spend to pay people who do folding, and even then only people who do not prefer to donate their computer power to the folding effort but, rather, want some kind of pay for doing it.

Devcoin would work fine for that, or as I said if its to be non open source or non free results or whatever then a simple direct clone of devcoin would work fine or heck the addresses of the labs could be hardcoded even though devcoin's approach is more flexible for adding or removing labs or projects etc to the list of things to support.

Heck a generic charitycoin could be done, to support everything charitable / humanitarian that is not open source thus does not fall into devcoin's bailiwick.

Certainly you should use merged mining, because at least that might offer some slight amelioration of the otherwise insanely expensive securing problem. If you are pretending to do good, wasting resources un-necessarily is just, well, not-good.

I don't even recall though having seen yet any clear contract as to whether the plan is to fund free open source cures for cancer or patented profits for the drug companies types of cures...

-MarkM-

You are the perfect example of how much people are missing in an overspecialized world, that is, that you might be a good programmer or at whatever you do, but you miss the fact that the design of a currency must be multidisciplinary. You clearly lack of fundamental economic understanding to even understand the implications of a design of a currency, and I think that you also lack understanding of the psychological impact that a monetary incentive will have on the existing altruistic networks.

Originally I also thought about about using CPU/GPU power in doing something useful as a proof of work, WAY BEFORE you came onboard.
Of course the first projects that came to my mind were brain mapping, protein folding, and other distributed computing projects. But as I told you on page 5 of this thread (https://bitcointalk.org/index.php?topic=197773.msg2080938#msg2080938): there are risks, and there are plenty of case studies that support what experimental psychology has taught us decades ago.

Look, folding@home is already achieving 9 petaflops by themselves, it doesn't really need to be disturbed with your half-baked experimentation. As I stated before, you might harm the project altogether.

I wouldn't have any reservations if you actually created a standalone protein folding project, in that case go ahead and I would wish you the best of the lucks.
BUT if you are going to be linking your experimental cryptocurrency to an already mature and existing IMPORTANT PROJECTS, you may just end up dragging them down along with your project when it fails (either by poor design or by bad implementation or market failure)

Now considering that you use epithets such as "greedcoin" to address the bitcoins, it is clear to me now that you lack of fundamental economical concepts and I would feel terribly uncomfortable with someone handling this project with such a limited understanding of economics, monetary policies, and social psychology. Right now I feel that allowing you to go ahead with curecoins is like allowing a 12 year old kid to connect a science fair project to a nuclear plant.

I am not against the idea of creating actual value with the proof of work, but it must be studied with a multidisciplinary group of capable people.
With the limited interactions you had in the forum unfortunately I see that you are an ideal candidate for being a prisoner of his own prejudices, a victim of the Dunning–Kruger effect, and definitely those failing at critical thinking shouldn't be on top of such projects.

Sorry bud, I say yes to the idea, but no to the execution. Not by you at least.
If you want to experiment, do it by your own and create your own protein folding simulator.
And I don't care if you meet "a" PhD, specialization in academia (and in the sciences, in general) made the left hand to not know what the right one does. You need at least a dozen from every field possible.
And if you go ahead with this, you might do more harm than good.

If you reply to me with an appeal to authority, you definitely are not up to the task.

So the idea is that the current proof of work, hashing, is an otherwise useless activity outside of the scope of Bitcoin, then maybe it should be replaced with something that's useful to society. Get people's transactions confirmed and solve useful work at the same time. I like that idea.

But there are a couple of things I don't understand.

First, why even include hashing at all? Why the split between different kinds of hardware? It seems counter-productive to me. If the system only did a certain kind of activity, say protein folding instead of hashing, then security for the network would come from protein folding. Why is hashing still needed? If the thought is that having only protein folding would exclude certain hardware, well, isn't that exactly the point? To promote protein folding instead of hashing? If people want to hash, they still have Bitcoin itself, or all sorts of other alt-coins. And if someone ever comes up with a protein-folding ASIC, isn't that a mega-win for everyone?

Second, why protein folding and not something more generic? I'm not sure if something more generic even exists, someone mentioned BOINC, but I'm just curious why protein folding specifically was chosen. If it were more generic, you could have something where miners themselves vote with their calculation-power as to which projects they want to support. Simply join the appropriate mining pool and there you go.

The whole folding part is just a publicity stunt to get a new crapcoin off the ground. Smokescreen, smoke and mirrors.

-MarkM-

Well Mark, I think you are unreasonably harsh. The same thing you said can be said to devcoin as well. I don't see too much difference here.

The guy said he had cancer, if that's true I think it's obvious where his motivation comes from for picking up folding. As to centralized minting, we already have devcoin/freicoin being reasonably successful at it, why not another one. Let the market decide the trustworthiness of the central authorities.

All in all, I would prefer to be doing something useful while I am being greedy.

I'm just an average Jane possessed of an average amount of avarice, but also an average amount of abhorrence to waste and maybe more than a smidge of altruism.  I like convenience, but I also do that little bit extra to separate out my recycling - and I live somewhere where standard garbage collection happens 3x/week with no meaningful limits, and recycling every other week.  I think there are a lot of people like me, good people of not-perfectly-altruistic motives, minting "greedcoins." 

Flies are better caught with honey than with vinegar, and "greedcoin" is a fairly vinegary thing to say, regardless of its truth.

There are other truths.  Bitsalame is absolutely correct that a multidisciplinary approach be taken to designing and deploying any rewards.  He is dead right about what the research shows about incentivising altruism.  He has made that appeal twice now and has done it thoughtfully. I am concerned about the tone taken by the OP in reply.  MarkM, yeah, is being pretty harsh (vinegar...) and I can understand taking a shot back.  But he and others have offered very detailed concerns that deserve equally thoughtful consideration, and if appropriate, rebuttal.

I don't personally believe the OP has greedy or malignant intentions at all.  But I think it's important to convince people of good intentions, and not just rely on the charitable slant of an idea to do the convincing. There have been many scams that appealed to people's better natures, and it's fair to be concerned that this isn't just another one.  MarkM has a valid concern about the latest pump-n-dump.   He makes another interesting suggestion about using Devcoin.  I don't have an opinion about that at this time; I am hoping that someone more knowledgeable chimes in (bearing bitsalame's caveats in mind).

I love the idea of PoW being the charitable product itself, especially if that keeps the work from falling into the wrong (read: private) hands.  It would remove much of the waste of generating coins and securing blockchains.  So long as it doesn't interfere with the important work going on (as bitsalame warns), I would be all in on something like this.

I appreciate this discussion, even (especially?) the parts that go sailing over my head.  I hope it is able to continue. For my part, I will continue my mighty 300-ish Mhs of greedy mining, and hope that better-informed minds than mine will come up with a superior idea.

You raise a very interesting and possible crucial point, deserving serious consideration.

But the examples referred to, monetary incitements for book-reading and recruiting for social networks, are not directly applicable. The main difference is a cross-fertilization between the use of CureCoin as a currency and its intended mode of distribution. That is: A third party, the common non-mining (or folding..) user is more inclined to use CureCoin specifically due to it being distributed through donated computer power for medial research, than e.g. Bitcoin and all its current mining-distributed spin-offs.

I can't see any such effect with the examples referred to; there is not an obvious aspect of the incentive scheme itself being a positive, lasting feature. So not only are CureCoin folders getting rich knowing they do charitable work with their GPU's, they can even feel better about the process of parting with their mined CureCoin as this positive aspect should also be in effect indirectly for any 3. party user.

CryptoCoins can in the respect of mode of distribution be considered having different smells. This comparison is absolutely in the favor of CureCoin - is smells of Roses, where 100% blockchain mined Bitcoin/Litecoin/etc. smells of nerd BO (overheated mining rigs) in damp  basement dwellings (now I'm harsh...)

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-

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.

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.   

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.

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.

This name...

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

You might want to check over at http://foldingforum.org/ (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-

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.

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.

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.

wonder if theres any progress on this?

any progress yet??

Yup, we are releasing soon! https://bitcointalk.org/index.php?topic=330685.0 (https://bitcointalk.org/index.php?topic=330685.0) :)

This is worse than most premines, the devs keep 10% of all coins.

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.

 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).

Did this project die? And if so, are there any related project out there?