Bitcoin Forum

New 11/14/2013 - Conference call with devs of curecoin and Stanford university on Tues 19th of Nov

Curecoin launch as of now is going to be delayed. Plans to work with Pande Labs at Stanford university will soon be discussed between Pande Labs team and Curecoin devs!

I will post on update asap when I get more news.

http://www.curecoinfolding.com/logo1.png

Network security from hashing is good. Making money is great. Curing Cancer, Alzheimer's, Huntington's, preventing viruses, and designing next-level pharmaceuticals is awesome. What if we could put these together, to build a coin secured and run by crypto, mined with SHA256, and supported by cancer-curing research?

Announcing Curecoin!

What benefits does it provide?
Most currencies are either in the CPU/GPU stage, or in the ASIC stage. CureCoin can be earned with both. Folders use high-end GPUs and CPUs to fold proteins, earning a proportional portion of coins set-aside automatically by the minting process for their contributions. Miners mine with SHA256 ASICs as usual, securing the blockchain for the CureCoin network. Whether you are heavily-invested in ASIC equipment or still have GPUs and CPUs, you can participate. Due to the nature of folding (diverse, constantly changing, not easily predictable), GPUs and CPUs will both always be relevant, so an investment in consumer hardware isn't wasted.

How is it different?
http://www.curecoinfolding.com/protein-1.png
CureCoin allows owners of both ASIC and GPU/CPU hardware to earn. CureCoin puts ASICs to work at what they are good at--securing a blockchain, while it puts GPUs and CPUs to work with work items that can only be done on them--protein folding. While still having a secure blockchain, it supports, and thus is supported by, scientific research. While it isn't technically 'backed' by scientific research (there's no central authority you can visit to trade coins for scientific research) the coin has intrinsic value as both a currency and as a system of purchasing a tradeable representation of medical research. Similar to the idea of carbon offsets, someone with money can buy some CureCoins which represent a proportional amount of scientific/medicinal research, while someone with tech know-how can also contribute to the folding effort, doing the hands-on work, and gain profit. The value imbued into each unit of the currency from the folding network it represents would add additional traction and inertia to the coin's trading value. As time goes on and the amount of folding done for the network increases, the amount of research that each coin represents grows.

How does the network maintain balance?
http://www.curecoinfolding.com/compare.png
Since the daily total from network output from both mining and folding are the same, an increase in miners will subsequently raise the scarcity of the currency (per capita), resulting in folding becoming even more profitable and in-demand. Vice-versa, an increase in folding power will likewise indirectly cause a delayed increase in the network security. Pegging the reward of each type of work to a constant value allows the change to hit a brick wall in changing the currency distribution, which causes other parts of the equation to expand--mining/network security, and folding/coin value. This value in medical research and network security both act to influence the USD/CUR trading value. As the folding and hashing efforts grow, the currency becomes more scarce per capita, creating a general increasing trend of monetary value. Just like any other crypto, CureCoin is a currency, but in this case, one that has more adding to its value than cryptographic security.

Is CureCoin limited to only protein-folding?
http://www.curecoinfolding.com/multi.png
No! As the network evolves, additional scientific computing projects can be easily added, in which case the folding reward would become a scientific-computation reward, and would be split fairly between various projects (including CPU-only ones!), and could be done so in either a way to encourage people to balance the projects, or in such a way that people can do whatever project they wish, and receive the same or very similar profits.

What are the details?
http://curecoinfolding.com/pickaxe.png
Mining: 32 coins per block (start)
1 block per minute
Block-halving every 1,051,200 blocks (for an increase in value)
http://www.curecoinfolding.com/three-panels.png
Folding: 32 coins per minute (start)
Reward-halving every 1,051,200 blocks
Rewards processed on a daily basis, based on points earned

How does this benefit someone with GPU/CPU power?
http://www.curecoinfolding.com/gpuscpus.png
Rather than mining alt currencies with a (in comparison to ASIC and FPGA equipment) very inefficient hash-generator which uses large amounts of electricity, you can do protein folding (which uses less electricity), earn great returns, contribute to a variety of great computational scientific research, and decrease the wear-and-tear on your precious hardware. Indirectly, you also cause increases in ASIC mining power through network rebalancing. Additionally, NVidia cards are great at folding!    

How does this benefit someone with ASIC power?
http://www.curecoinfolding.com/ASIC.png
As someone with ASIC mining power, you can help increase the network security of CureCoin, earn good money from your work (through the proof-of-work block reward of CureCoin), and indirectly support folding efforts through network rebalancing.

How does this benefit an investor or speculator?
If you are going to invest in a crypto, CureCoin is a great choice, as it has more intrinsic value than any other alternate currency based on its pseudo-backing (support) from computational scientific research, and allows you to profit by supporting life-saving computational research. Due to CureCoin's mission, CureCoin will grow quickly, and will likely attract positive media attention.

How is the currency divided up?
http://www.curecoinfolding.com/blockbreakup.png

CureCoins go to three main areas: Folders, Miners, and Developers. The folders and miners both get 45% of the coins in the network. The other 10% is dedicated to CureCoin developers, and will be used for paying for development costs (such as hiring professional programmers, paying for infrastructure, etc.), and for giving back to the community (folding hardware giveaways, faucets, covering 0% mining pools, etc.).

We will have a team of at least 3 people standing by for tech support if you need help folding for the first time.

Current folding support members include experienced folders including Vorksholk, Yeltz, and myself, CygnusXI.


TBA at launch time
Where do I start?
Wallet Windows binary:
Wallet Linux binary:
Wallet Mac OS X binary:
Wallet source code:
Launch ready mining pool #1: will be hosted by crypto-expert
Launch ready mining pool #2: will be hosted by decoinpools
Folding pool: TBA
Folding getting-started guide: http://curecoin.us/index.php?topic=9.0
Forum: http://www.curecoin.us
IRC Channel:
Block Explorers:
Exchanges:
Profitability Calculator:
Development Blog:
Video Tutorials:
Folding@Home Explanation:
Folding@Home Research:
Folding Team Statistics:
Signature advertisement banners:
Website advertisement banners:
Bounties:

Awesome! Anyone who needs folding help, PM me and I'll get ya fixed up :)

I'm going to guess some part of this is not open source. Am I right?

Anyway, great project, wish it all the best.

Correct, some components of Stanford's F@H project haven't been opensourced. The Gromacs they use is licensed under non-GPL and non-commercial terms.

You can find out a bit more about Stanford's partially-open-source approach here:
http://folding.stanford.edu/home/faq/faq-opensource/#ntoc7 (http://folding.stanford.edu/home/faq/faq-opensource/#ntoc7) as well as mention of support for community mods and more.

CureCoin's coin portion, however, will be completely open source. Supporting software is largely trivial, but we are aiming towards high transparency, a major component of which is code freedom.   

I'm just wondering if your software is going to be cloned to something that doesn't reward 10% to developers. As good intentioned as this is and I have no problem with development costs, there are always greedy people and you have to consider it when valuing the coin.

I'm watching this. Very cool.

Very nice. Wishing you guys good luck.

I'll be joining in with my small ASICs.

very interesting, watching :)

When's the launch?

Cool. Sounds good.

We're shooting for 11/16/2013 :)

16/11/2013

16/11/2013

? hour: ? minute

Sounds interesting.

Day-Month-Year



month-day-year I don't like. It is simply illogical ::)

If there's a launch time, please put it in UTC. :)

The moment we all been waiting for is just days away.

I'm new to the pool scene and will put one up to support curecoin.  Will be mining as well.   ;D


-tb-

AT LAST someone pulls this off! I love primecoin for it's intrinsic utility on top of making some coins, but this is outstanding!

Now, what safeguards do you have to validate the folding work? What proof-of-work is there? What prevents someone from submitting garbage?

As we get closer, we'll put up both a count-down clock in OP and an exact time to be watching for it. :)

Great questions! Since the folding isn't actually integrated into the blockchain but is rather an independent reward system (therefore the network keeps its cryptographic security, and protein folding doesn't bloat the blockchain), the work validation is done by the work-providing network. To start off, we are only using Folding@Home, but as the project grows, the beauty of the separate GPU/CPU computation pool is that more can be created to allow work done for other awesome projects as well. The F@H project handles stopping submitted garbage, and has some downright awesome protection against exploits. Work provided by work servers is provided redundantly, so if one person submits junk it's easy to pick out the incorrect workunits, and points will, for them, not be rewarded. :)

Looks like a coin with a lot of potential. Just imagine all the people running folding at home, now they can actually make money at the same time! Awesome idea!! Can't wait for the launch, I'm going to throw everything I have at this one.

Very nice, I'm convinced for the time being. I'm going to mine this, that's for sure.

Yeah, if people can get paid more than the cost of their electricity for folding proteins, it's a real win-win, and this coin will always be relevant for GPUs and CPUs, so investments into those kinds of hardware don't have to be scary, like the are with all the other alts these days. :)

Is there a guide on how to mine with Asic? Thanks

This seems pretty cool, looking forward to getting my fold on!

There will be a guide at launch, however it will be very similar to other coins, you just point your SHA256-based ASIC at any one of the various pools we plan to have ready on launch. :)

Additionally, you could of course solo-mine, and we'll have a guide for that too!

Ah ok!
Because i was reading this guide : http://curecoin.us/index.php?topic=9.0 and i was thinking there are different ways to mine :-)

Oh yeah, that's for the folding setup if you are using a GPU/CPU :) ASICs can't do protein folding unfortunately, so they provide their service in securing the blockchain :)

Perfect! I think i will mine with Triple combo GPU+CPU+ASIC  :D

Awesome :D Have you done protein folding before? Would you like some help setting it up? :)

No never, i will follow the guide!

Awesome, let me know if you need any help! :)

When CureCoin will be launch, i need exactly this software to mine with CPU/GPU?? http://folding.stanford.edu/

The most original coin of late! Keen to fold and mine this one when it starts.

Yup! The installer (assuming you are on Windows?) will install FAHClient which will handle all the threads for GPU/CPU mining, and the program 'FAHControl' will allow you to set settings and configure/stop/start the folder.

will definitely join this project when it goes live :)

Love the idea of this, but don't the folders get the short end of the stick here?  The coins are split evenly between the asics/folders but the electricity cost is significantly higher on the folding side.   Should be interesting to see how the folding side of things go over time.  I just worry the incentive will always be there for the asics but not always the folders.

Good question! :)

The payouts are even for both networks, meaning all folders combined make as much as all ASIC miners combined. Therefore, it really depends. If most people jump on with ASICs, then folding would actually have better pay per kWh. To put this in perspective, a $300 ASIC and a $300 GPU would, theoretically, earn the same amount, however since a GPU uses more power, people are likely to, if buying new hardware, opt for ASIC-based, thereby increasing the relative profitability of that $300 GPU. :)

Due to the fixed bridge between the two portions of the network's computational infrastructure, there should always be some kind of balance maintained automatically by people adding hardware on both sides to compensate for higher per-capita coin availability in one network or the other.

When people say ASICs are more efficient, they are really saying that ASICs use less kWh per GH, but since we're comparing GH to PPD through a constant ratio, energy efficiency will be only one of many factors that affect the extend of both computational power's profit margins. :)

Been waiting for something like this for ages, always thought integrating Folding@Home with a coin would be excellent as so much more computing power could go to a good cause rather than mining some standard alt clone. I'd like to add this coin to my pool as well.

I'm a little confused with how folding gets counted. I see ASIC mining is as usual, join a pool and mine with cgminer et al then get rewarded by finding blocks but where's the correlation between using the Stamford client and this coin? From what I understand you use the standard Folding@Home client, how does this link into CureCoin?

Sorry if I missed this somewhere.

Wouldn't it have been better to just merge mine the coin into bitcoin and give less reward to that side?  I mean the whole thing about this coin truly is the folding side of it, but instead of maximizing the incentive to fold, you cut the potential folding economy in half.  The more money going to the folders the more people will fold and I believe the idea behind this to get more people to fold. Whereas if it were merge mined it would get mined regardless with a high hash rate. Maybe I'm over thinking it...

Folding payouts are done by our folding pool(s), which will count your stats, find what percent of total CureCoin folding efforts your folding represents, and pay out that percent of the daily 45% of the network :)

One of the purposes of the coin is to give both ASIC and consumer-hardware owners the ability to earn the coin with computational efforts, and allowing it to be merge-mined tends to devalue coins and gives it the stigma of a 'secondary' coin unfortunately. Merged mining is certainly an interesting concept for the currency, but we want it to be both a primary currency and a network of scientific computation :)

Is there anything innovative about the coin itself or is it just dev coin with the numbers changed?    Gridcoin is kind of doing the same thing with BIONIC instead of folding but its actually built into the client to adjust the amount of coins someone earns (5-150) based on how much computational power they're putting toward bionic.   Neither system seems perfect yet, hopefully we see something like XPM but useful in the future.

Gridcoin's hard-coded block reward is pretty easily exploitable, a quick change in the way the code detects BOINC would give max coins every time a block is mined. Something like protein folding is nearly impossible to integrate as a central proof-of-work simply because, while they do take lots of computational work to complete, also take a large amount of computational work to confirm, so the network would be slowed down. This coin is built around a split folding/mining system. Also, a folding solution or POW built into the blockchain would cause the coin to be nearly impossible to add new computational projects to, while the current CureCoin system makes this extremely easy.

Gonna start a newsletter signup soon, so people can get weekly or bi-weekly (twice weekly) news about CureCoin, protein folding, etc.

Unfortunately there is a major fault in gridcoin coding... And from what I see it only measures cpu % ... Which almost seems like a slightly skewed way to mine another coin while using gridcoin.

Curecoin offers a much different level of research gains in terms of total petahashes  gained since curecoin will be gpu and cpu  compatible for medical research at launch time.  The work is also much more cheat proof then the well attempted but imo failed launch of gridcoin. Anyone that can read coin source will see it has a serious flaw in the coin base ... I like the efforts of gridcoin dev... Maybe the grid coin dev would like to work with team cure coin? Any how ., team curecoin is growing. .. I don't know if anyone leaked this detail yet but we already have top of the line nividia card to reward to a curecoin user.

Sent from my GS3 phone

So it's based off F@H?

Would it be possible to base this on something like ICM/AutoDock?

But curecoin is just basically devcoin.. am I missing something?  Gridcoin at least actually tried to innovate something.  I mean you guys are kinda talking crap about gridcoin but this coin doesn't actually do anything at all.  Not to mention the massive 10% going straight to your pockets.

The dev funds are going largely towards community things, such as folding hardware giveaways, 0%-fee pools, etc. Yes, it is a coin developed around being sustainable, part of that is having a dev fund which allows the developers to spend large amounts of time on the project, as well as of course being able to further the project by providing a multitude of things for the community. Gridcoin did certainly try to innovate something, however the way they approach is is quite short-sighted. A minor client mod allows the person to not need to do any scientific computation at all and still gets 150 coins per block. We don't want to talk crap about it, but it has a pretty large inherent flaw: users don't need to do any scientific computation. GridCoin also doesn't (currently) take into count GPU usage, which is the major general computing workhourse of today. :(

At the end of the day, if adopted, CureCoin will cause some pretty massive folding computation, and while doing so will create a coin backed by ASIC mining. It's not a perfect system, and neither is Bitcoin. The dev fund, sure, will in some shape pay developers, but its purpose is to make the coin a sustainable project with a strong community foothold.

If you change the name to " panacea"

I will support it.

*** EDIT I didnt read anything about it and none of the topic.

I still don't think I understand why one can't just fake folding work and submit it?  Will peers be performing duplicate work to confirm?

In regards to the dev fund, 10% of any coin is a massive amount.  We have to trust that you'll do the right thing with it and nothing stops you from taking all the coins from the folding pool and spending those.  We all just have to trust you.  Not saying that's what you will do but the coin itself doesn't actually provide anything.  If we're speaking about flaws, I would say thats a much larger flaw as we're in a community were scams run rampant.  This coin uses as many buzzwords as it can to try and have success like XPM had, but the coin itself doesn't actually do anything.  If the dev coin devs wanted to support folding there's nothing stopping them from doing the exact same thing as curecoin.    In the gridcoin system, even if what you say is right and they can mod the client to lie about mining bionic, 100% of the coins still go to the person who mined it.  This coin leaves question marks.

Look megacoin dude, and I know this is a big tangent to your posts ... The fact of the matter is that exist 400 billion $US available to renew fucking nuclear weapons and afaik never were a few million to compensate folders or BOINC participants worldwide to help find cure for cancer (provoked by the atmospheric detonation of the weapons a few decades ago, and lots of other garbage). I'm surprised that so many paid for power, burned hardware, had hassle for the altruistic or very far-sighted self-interest of folding.

Now, none of this weakens most of your points. What I have to say is that if exploits are found or discontent arises, the coin will be dead, and the devs lost their time, money, effort and cash cow. Who wants to mine, will mine other coin; who wants to fold, will do so directly. So, the burden is already on the curecoin devs to prove themselves.

I asked some honest questions and they started attacking gridcoin.  I'm not trying to attack curecoin but if they think gridcoin is flawed they need to take a look in the mirror.  All it takes is 1 awol dev to kill this coin.  Lots of centralization here.  I believe this could be a good project, but the coin itself is most likely your standard clone coin with a massive amount going to the devs.

I think this is a great idea, but if the folding part could be gamed it won't last long.. also I'd say the 10% of all mined supply for devs is a bit too much

In regards to the development fund, I can't blame anyone for raising an eyebrow. In addition to the explanation Vorksholk provided above, I believe that everyone involved with the coin (myself included) wants to see it succeed. For me, this means that being transparent is important - both in terms of the devs holding each other accountable, and keeping people informed with how funds are used. For what it's worth, Vorksholk and I went in on buying a beefy nVidia card to give away for folding (keep your eyes peeled for details) - I hope that such is a sign of dedication and backing behind the project.

So far as what the coin offers, it's important not to lose sight of the larger picture. That is, creating an economic incentive to fold. Look at how successful the beta folding team was - we rocketed up through the ranks in a matter of a couple weeks. After launch, I wouldn't be surprised to see the CureCoin folding team out-ranking every one. And sure, it would be great if everyone would fold out of the goodness of their hearts to advance research on treating terrible diseases, but if we're able to attract people to folding with the incentive of a coin, then everybody wins - that is, we all get to be a part in creating a better future for humanity. I suppose what I'm saying is that the coin is more than the coin itself, it's everything that comes with it.

I agree that the folding system is nice and that giving folders an incentive to fold is a good one, I just question the ways you guys did it.

1. What systems are in place to prevent a dev needing money (say a family member needs a surgery) from stealing all the money from the folders?  
2. What systems are in place to show the people folding that you guys aren't siphoning more money off the top?  
3. Why 10%?  10% of all mined currency is VERY high.  What made you guys choose that number?  This is essentially a very massive premine.  One of the largest in recent memory.
4. All the magic that happens with this coin is all on the pool instead of the coin itself.  What happens if the guy who pays for that server dies or goes missing?  Not trying to be morbid but there seems to be a lot of weak links here.  
5. What happens if the pool gets ddos'd or hacked?
6. What happens if the folding server over at Stanford gets hacked or ddos'd?

And don't forget while there's a bigger picture with this coin, it's still a coin and we're on a cryptocoin forum, not a folding forum. This coin is probably a standard clone coin pretending to do something amazing but all it's doing is subsidizing potential miner profits over to folding. (and we have to trust that you'll actually do that)

I'm still going to mine this coin (I mine just about everything when it's new) but there's a lot of sketchy things about it.  One of the major draws to crypto is it's decentralized nature and you guys have almost removed that completely. I'm not trying to troll this project, rather get some questions answered and addressed.

I have been looking forward to this project for a long time, just a bit disappointed in the execution.  I'll try to shut up now and I wish you guys the best.

As yeltz said, it's important not to lose the larger picture on this. There are always people cheeting the system
on the folding side but this doesn't matter. These people have to deal with their conscience and karma in doing so.
Moreover, a system like curecoin should withstand this like every real society do. Moreover I am confident the most
people will do right, which is sufficient to give curecoin a serious reason to exist.

Abstract spoken, the miners are paying the folders to fold and this is fine, even if the folding computation part
is much lower, it is a least VERY usefull, this structural connection makes a lot of sense. You can bet the miners
will look into the folding part and watching the computation power over there. Even if they can't estimate how much
of this is cheeting, the relation in whole of this number counts, at least for me and I guess other miners agree
with this.

Thus said, I will throw 40 arm core's to the folding site, fitting nice into the whole - it makes sense - concept
due to the energy efficiency of these. One last question to the creators, I have had a look to use fpga's for folding
but found only an old paper, stating ist doesn't work well. This statement is a for sure  outdated (2007?) and based
on very small units (20K LE/ little bram). There are tons of capable fpgas out there able to handle this.
It would be a waste, using them for the mining part. Small asic's are better for this.
I would recommend to create a serious bounty to develop a suitable bitstream for all these free available fpga's
floating around. There are some very talented verilog/vhdl coder in this community, able to archive this.
Creating a bitsream for curecoin would not only unlock tremendous computational power at a low energy footprint,
it would also send a clear message to the traditional folders outside this coin community - besides the media benefit. 

I am in and waiting for the launch...;D

Sounds quite interesting, but the 10% cut seems like too much. Paid pools could have been used instead which would also allow the flexibility to change the fee quite easily.

I think 2 % is not enough initially for the devs, however of course 10% of all mined coins is going to be a sticking point and also that is going to create bad publicity for the coin in the media. If the coin takes off it will immediately spark questions of why the devs cut is so large when it is all in the name of helping cancer patients etc.  

The 10% will hurt the coins image it is a crazy percentage and other coins would have immediately been called out on this.  However the devs do need incentive to work and keep things going.  I mean if the coin takes off even 1% of all coins could be a huge amount of money.
  
If it's not going to be all open source then pools that start off at 10% but then decrease to a more reasonable 0.5% when the value of the coin is high on the exchanges would be more suitable.

The devs need to address this in their answers since it is largely being ignored although i see many people bringing it up.  The media will be fast to jump on this if it gets big enough. If you are asking people to make barely more than their electricity to help cancer research but taking a fortune in fee's?? that is not going to sit well.  Give aways is not a good thing, compared to fair earnings generated from the work people are doing.  

Asking people to trust you to do the right thing with 10% is a big stretch.  

There needs to be some flexible way to fund the devs a reasonable amount and if they want more they have to mine like everyone else.  

Look at the ranting other devs have taken over 2% premine.  I agree that taking it out over time is better than a premine but even so already i see the 10% is getting some people upset and will i think eventually ruin this coins great potential.  

Dev's looking at 10% you are either saying you believe the coin will totally flop or else you want to make a fortune out of it or you want people to trust you to do the right thing with the fee's. Either way it's not a great idea.

Nobody wants devs to work for nothing since it leads to neglect. How about work out a sensible wage for hours of work, then have pools that extract that with flexible percentages that can be adjusted as the coins value goes up and down. Also some of the devs have reasonable size mining farms so you can mine the coin also.

Really taking 10% does not effect people all that much individually and does give the devs huge incentive to make the coin work. I mean even if only 2% was taken that is only 8% difference for the individual or even 4% if they are just folding or mining not both. However, it just looks bad on paper and will certainly throw up questions about it, if people here are already unhappy the media will slap down on it hard. Having flexible pool rates will work much better.

Yup, there is some work duplication to be submitted, over the years Stanford has developed quite a good system for work validation. :)

As much as I support this project, I have to agree that 10% is a bit much.  If this project succeed, you will get the backing of the community in the form of donations.
I will still support the project should you guys decide to keep the 10%.  I would just not donate to the Dev fund but will still do giveaways to the miners.

Regardless, my asics is all warmed up and ready to go and hopefully to have a pool up as well.   ;D


-tb-

10% to the devs at the start and decrease over-time as the network gets stronger?

But like the poster above said, I'll be supporting this project regardless.

Look everyone, I'm not here to bash anyone's coin and I don't know anything about cancercoin or curecoin, at all and
will read up on it.  I read a couple of the statements on page 3 and wanted to respond!

Gridcoin's hard-coded block reward is pretty easily exploitable,
a quick change in the way the code detects BOINC would give max coins every time a block is mined.

--> In the first release this may have been possible to exploit
using a fraudulent client, and each block may have passed the test to trick other nodes into accepting those blocks.

Since then we have designed a new protocol and expanded the spec
to store the boinchash information in the block header itself
and as you may know, each block header and its merkle root is hashed and related to prior blocks.

That version is already live and the current user base stores the data in this format in the chain.

We are close to making a mandatory upgrade that stores and enforces the integrity of those blocks by
making the clients reject non-boinc blocks.

Remember, we are in our infancy and we are still analyzing each clients md5 version and authenticity.

Security IS our utmost concern and will work hard to prevent tampering with the client specification.

--> Regarding the second statement about Gridcoin only measuring CPU usage:

Again, true in our first version, but since then
we haven't stopped innovating.  The newest version logs boinc credits over time, deltas, projects and averages
and stores that information in encrypted client files, reports on it, and hashes the information into
new blocks.  Eventually we will reward miners based on their avg daily boinc credits plus a homogenized
reading based on other factors.

Best Regards,
Preston Keys

So, can gridcoin reward for GPU work?

One way to maybe help alleviate the people that are questioning the "high" 10% dev cut would be to have the devs publicly show how they are spending that 10%. I for one would be completely supportive if they are using the 10% to help promote curecoin but if they are taking 10% for their own use that is another story.

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

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

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.

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://bitcointalk.org/index.php?topic=287442.0  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  8)  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.

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?

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 :)

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.

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.

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.

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.

this is the person behind curecoin:

http://www.ipaddressden.com/email/racingoblivious@gmail.com.html

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.

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 :) ... :P lol.. u act u uncovered something.. he follows Dalai Lama on gplus on no! lmao.

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.

this

http://cryptobullionpools.com/lostPass

does not work

it is not sending password reminders out

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

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 <data> 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. :P
--> 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. :)

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?

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?

"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.

Agreed... Phenixcoin was a disaster. I'm still looking into our options, however I think confirming details with the trusted community members sounds awesome, cause I totally trust them with that info. :)

I might put up my phone number publically or something, for people to call if they need help folding, etc. :)

If the project goes big, there goes privacy xD Hopefully though, address still wouldn't be exposed. Might post a picture of myself + phone number + email. Not quite sure yet, I'll figure it out before launch though. :D

In my personal opinion you sound well intentioned. However, when you say this " Dev funds for me are undetermined. I don't know what percent of the dev fund I will be receiving"  it makes me think you are not in control.  The person in control needs to be verified and known really. There is no reasonable excuse for them not to be introduced to the community formally if they want control of such a large project.

 

Who came up with curecoin and who will be in control? This is the prime question. I don't think the answer if you don't trust us then don't mine is a good one for devs or miners.

TBH i would have thought there would have been a fully structured organisation behind this, at least in the form of a company with directors etc.

Additionally, what are the coin specs?  will there be a fair launch ?  ie if low diff will initial rewards be low. What is the retarget?  are these going to be known before launch?  all we know is it will be an asic coin so far?

Anyway thanks for taking the time to respond to questions, i hope this works out as well as everyone has been hoping it will. 

Yup, I'm not in control of the project, but I'm quite involved. They are working on looking at their options, perhaps putting the dev funds into the hands of the FAH head-honcho Vijay Pande. They might also establish an LLC to back the system, and establish this is a real company. Coin specs are still a tad up in the air, but they're looking like 32 coins for folders, 32 coins for miners, other 10% reserved fund. Launch will have time pre-announced for sure, and we plan to start with a high difficulty as to prevent insta-mine issues. Retarget is fairly often. All these specs will certainly be announced before the coin release. We may do a pre-download of encrypted zip files of the source code and the binaries, so people can, as soon as the clock strikes time, get the decryption key, and get started! :)

We still have a few small wrinkles to work out, more information is certainly on the way though. :)

Ok, thanks for info. I'm looking forward to seeing how long it will take team 224497 to become the strongest folding team on the planet.   

 

To be very honest, I would put my full address and everything up here right now, if not for like vorksholk mentions... the internet does have its "crazies" . I would sacrifice myself in the name of this project, but my family, i will not put in any danger.

I just sent an email to professor Vijay Pande ( the guy who built the FAH network ), and I asked him if he would be interested in holding the folding fund / dev fund. If he does not accept this offer I'll be filing for LLC status, and setting up clear plan for the fund usage, so that if I were to misuse the funds, ill be held accountable to extant of the law ( and no.. i dont want to go to jail for stealing coins meant to cure cancer ). If the fundraiser could pick up momentum i could easily make an LLC, and rent a very small office building, where anyone could come and visit, and so on. At this point i do not feel safe disclosing my physical address.

If you want the creator of CureCoin to file an LLC right now , send some donations = done... Ive already greatly explored the possibilities of this and feel it is a strong choice. Having something like CureCoin registered with all the new guide lines of cryptocurrency and backed by good lawyers could speed up the idea of having BTC and ALTcoin ATMs everywhere.  

Ive spent countless hours consulting with business professionals of all types, all in regards to CureCoin. Countless hours emailing with lawyers and accountants.

Here is a pivot for the crypto community to think about. Do cryptocoins need to be LLC when they have dev funds? Or is it good enough to let someone like Professor Vijay Pande hold the funds for such a project? Regardless of professor Vijay's response, I might press on with making CureCoin an LLC. This will take the pioneering path of making cryptocoins official and usable with all legal matters in consideration.

Comments welcome ,please no fud... Thanks to the supporters !

 

Yes, I expect this, and I fear this, I'm a normal guy, a have a lot of good ideas. I'm not really feeling like I'm ready to be interviewed by Big News.... Id rather just contribute my code, and let people know that , yes, I did help lead this project. I don't want to be bothered by the media much. The media companies have a saying, " If it bleeds it reads ". I there for do not care much for main stream media. They display horrible things 24/7, also they have not offered me a small article yet in my hours of emailing news companies about the launch of CureCoin.

Major news networks might not understand my project anyways... reporters could fail to deliver the right specs... etc.  I guess we have to wait and see.

Cryptonerd.co did a nice article for us, if there are more crypto news writers / bloggers that want to help promote CureCoin, please contact me. The dev fund does reward bloggers/ promoters, etc.  The CureCoin team is still not full, thats why the dev fund is set up like it is, to pay people to blog, post, promote. Im only going to claim roughly ~1% to myself as long as i remain the lead dev on the project. My job is to make sure the coin base is secure and front end works well, both of these things im actively involved in. With the amount of time I spend doing these things i do not have time to promote, hence... room to hire promoters with dev funds.

I am sorry, this has nothing to do with the authenticity of your "CureCoin". I am sure I will mine it when it is released. I just feel sick when I see "Cure Cancer, Make Money!" in your title. Do you not agree that sounds a tad wrong? I mean, to put an exclamation mark at the end of "make money!" as if making money is the better thing here rather than curing one of the worst killers in the world, Cancer.

Can you please explain in detail the procedure how folding rewards will be paid to folders?

This looks like a very sensitive process to me, because as I understand it, it is the most centralized aspect of the coin: other research projects could be added into the coin to alleviate the reliance on FAH, but if the central payment system for folders goes down for whatever reason, it takes the coin with it.
Moreover I think one of the charms of crypto is that you put your trust in cold, hard protocol instead of people. No matter how honest and good-willed they are, I just don't feel it's crypto anymore if I have to rely on a handful of people for the system not to burst into flames...

I have exposed an idea on the Curecoin forum to decentralize the payments, similar to how mining rewards work, but that would involve giving a severe pounding on the web servers of FAH, and I have no idea whether they could withstand it or not. I suppose from their point of view it would look like a DDoS attack... Maybe the dev funds could be spent toward supplying them with adequate servers.

The point is a tad bit of a satirical jab, but the point is that people can earn money while doing something akin to volunteer work of a sort. The 'Make Money' is emphasized, because it is somewhat of a surprising mix. Making money here is important, if only because it allows folding on a large scale to become a viable option. Most people aren't willing to let rigs run 24/7 with little to no return on their hardware and electricity, so if they can get paid a good sum for their computing power, it suddenly piques people's interest.

Would 'Make Money, Cure Cancer!' be better? :)

Yeah, it actually does make a lot of difference!

CureCoin-Fold Proteins, Make Money, Cure Cancer!

Although it could say "Help cure cancer", it works ;)

Good question! The folding, by nature, is fairly centralized. However, we have a great redundant setup. If the main folding pool were to go down, my backup folding pool based on entirely different code (in even a different language!) would snap up and take over the role. If mine were to go down, the CureCoin Dev team could easily make manual payouts until server status could be resumed.

If the folding aspect were to go down, the entire coin as a currency would continue to function in a decentralized manner, folders simply would be a tad inconvenienced when payouts might end up a few hours late. We are also working on having a third level of redundancy with the folding payout servers. :)

As for the people cashing out other's rewards, the idea is simply that, when you sign up to the folding site, you sign up to F@H at the same time, so you have control over the accounts in both places.

You bring up some interesting points (for anyone who wants to look: http://curecoin.us/index.php?topic=4.0 (http://curecoin.us/index.php?topic=4.0)) for a somewhat-decentralized folding payout system, I'm afraid it would cause excessive blockchain bloat though, unfortunately. I'd like to see what the other devs think though. :)

Well, team curecoin is definitely attracting some attention at this point.

A couple things id like to point out...

Its mentioned that if the folding payment system "goes down" then the coin is worthless. This however is very much not the case as i see it... let me explain

The system that i started for a folding payout is cloned onto multiple backup servers, and i guess someone just donated a new server to our cause, so... add another to that list.

Maintenance and upgrades, there will inevitably be periods were the folding pool may have to go down for up to 24 hours for upgrades etc.. During this down time points will still accumulate and the system will reward accordingly when it starts back up.

Vorksholk built his own system, completely different from mine, so that if there if a flaw found in my system, that flaw will not exist in his system. If my system is taken down somehow then his will take over.

And most important of all, there will never be a way to undo the research that was created in the wake of this coin, meaning, even if somehow the all the folding payment systems are destroyed, all the research that was done in the mean time will still be part of the coin, and that just cant be taken away.

To answer the post above about how exactly the funds are paid to the folders.. simple, we check with stanford to see if you actually are gaining points and how many, those points are calculated against everyone elses to get a balance for each user, and then those balances are sent to address the user signs up with.

What if FAH just disappears one day ( hello david copperfield )..... simple... i already have the seti plugin built and ready to deploy.....

When it comes to things that can go wrong, there are a few, when it comes to way to fix them, there are a lot, and we have been working around the clock for quite some time now to be sure that all these areas are covered.

Luckily FAH has been standing tall for ~13 years and i do believe they just did a server upgrade to the folding servers not too long ago.

With all the support, a huge dev team, and growing support, i dont think curecoin will be failing. to say the system can "just burst into flames" is a little bit of a stretch too since the coin base itself is SHA 256 POS, so far, sha coins have held up quite well.

As for the identity of cygnusxi being disclosed, there are plans in the works to publish a story about the "journey to curecoin".... Rest assured, you will get your answers. And you will get your curecoins too :)

wow 3 posts up while i wrote this.. guys the ! is there to be grammatically correct PRE [ANN] CureCoin-Fold Proteins, Cure Cancer, Make Money!

look at it this way PRE [ANN] CureCoin-Fold Proteins, Cure Cancer! Make Money,

! goes at the end of a statement !!!! lol :)

PRE [ANN] CureCoin-Fold Proteins, Make Money, Cure Cancer! NOV 16 GPU+CPU+ASIC - updated the title thread, hopefully that looks ok I still need to go get a morning coffee....

Awesome, good work sir!

the folding pool should go live a day early so people can take time to get going with it. then 24 hours later the rewards start with the asic mining. The pool can just have a reset when the asic mining goes live.

the temp pool that is there right now will that turn into the live pool?

For instance if you have multiple machines would you need to install fah on all and use the same username? or will each one require a new user name to match with the folding pool?  for instance can 10 machines connect to fah with the same user and pass and will that all register on the folding pool you guys are creating?

I agree. Have you considered PoS instead of PoW ?

Thank you for your answers Vorksholk and Cryptobullion.

Let me clarify my position: I don't mean the currency will not work anymore if the folding payments stop, since as you pointed out, it is still a standard SHA-256 currency when you remove the folding part.
What I meant is that the added-value of Curecoin (vs Bitcoin for instance) will disappear. Of course, you can argue that what has been done cannot be undone. This is true, however it won't be able to generate any scientific value anymore. When this is the case, why would I want to support Curecoin? As you said, what has been done cannot be undone: nothing will be lost if I move on and switch to Bitcoin.

Regarding the payment of folders "going down", I don't mean temporarily, but forever. I don't question your integrity, but I don't like the fact that the possibility is there. I really dislike the fact that a crypto-currency cannot survive without its creators (and with the whole range of features, not just as yet another Bitcoin clone).
If the need ever arises someday, I suppose the community could still come to a consensus to fork the client then, but still.

I don't have the same objections with the centralization inherent to folding. I fully appreciate that scientific work has to be centralized, the most obvious reason being to check it against duplicates assigned to other computers. Moreover, as it was mentioned in the original post, more projects can be added.

When I asked about how the payments of folders are handled, I meant: where are the newly minted coins going? Are they going to a single address that will redistribute them? What if the private key of this address is compromised?
Vorksholkalso wrote:
So, a few questions:
- I sign up on FAH with the username Vorksholk just to troll you. Do you receive your rewards, my rewards (i.e.: 0 because I'm a troll) or both?
- If both, then why wouldn't I be able to register to your folding site with the username "anonymous", which is the username totaling the highest numbers of point on FAH?

Regarding the bloating of the block chain induced by decentralizing the payments of folders, I think it is not a problem. We are just talking about some transactions that will have to be added to the blockchain anyway, regardless of whether they are issued in a decentralized fashion or by the central authority. And if I recall well, the issue of storage of the blockchain was studied by Satoshi in the initial paper. The conclusion was that even without Merkle trees, it would not be a problem.

One more question: is the 50/50 ratio between miner rewards and folder rewards set in stone? My bet is that it will end up rewarding miners more if the coin goes mainstream, since there will be many more folders than miners (everybody has a computer, not everybody wants to invest into an ASIC). More people = less rewards.

I don't get how that 45% the coins are emitted.

yes, u can connect as many machines as you want to one username. the temp pool will turn into a live pool... feel free to sign up and fold now if you like.... FYI there is no rewards in this pool, but u can certainly log in and start folding to make sure you're ready for launch day.

The Franko Folders pool is active and paying out at http://cryptobullionpools.com , you can earn frk there right now, while still preparing for launch of curecoin.

the coin base is going to be sha 256 POS

1. I guess u could be nice to Vorksholk and donate your points to his name...... Vorksholk already has a big gpu rig.. if ur gonna donate points u should give them to cygnus and his one card setup lol.

2. Heh... like Im gonna spend all this time making this system and not have already thought to block payments to Anonymous ????


Good questions though... but as u see... we have taken this seriously...

Well, anonymous is the most obvious example, but I can basically choose anyone who does not have a Curecoin account and will therefore never complain about missing payments. If anonymous does not work, I can move down the list. PS3 for instance. You cannot block everybody.

go ahead and try... it wont work... ..... .... .....

yes, i can and have made it so that you can not just pull some random user from FAH network......

i see u have no faith in my coding skills.... yet i see you folding away on the team... why? youre not trying to scare off others so u can try to get all the curecoin for urself?

i missed something there from rumlazy when i made this comment...

Asics can not fold ..... so there is no more potential for folding that we are cutting out.... unless u have some kind of super space age asic that isnt really an asic and can switch from sha 256 to protein folding....

im trying to put 2 + 2 together here... u just registered your username yesterday.... have only 4 posts... and while i take into consideration what your 4 posts contain i come to the conclusion:
1. you are either from stanford here to get more info...
2. or ur here just to spread fud

i think its #1, i hope so.. cuz Fud is a waste of our time

Haha :P

Don't take it against you, it is just that I wish to see the project succeed as well, so I'm probing for flaws. Since I can think of many and no details were given to reassure me, I can only speculate.

So yes, do expect me to look for flaws, but only so they can be addressed (if there are any in the first place). Errors can be made, but they need to be addressed properly. In open-source projects, I think it is everybody's duty to think critically.


As a side note, some people were talking about exploiting Gridcoin with modified clients, further up in the thread. Let me say that I am not convinced at all by the announced fix. Including the BOINC hash into the chain does not change the fact that this md5 hash is reported by the client. Yet nobody raised an eyebrow. Did I miss something important there, or is the fix still flawed?

ah, understood. And thank you for support to the project.  we can keep it a secret if ur from stanford ;)

As far as gridcoin, id prefer to discuss it on the gridcoin thread ...Ive not reviewed the code since the "patch".

i probably will not be visiting that thread.. i dont have much interest in it... cpu only  :/

There are security options being worked on Gridcoin that will make it very difficult for anyone to tamper with the work from Boinc or the client. All of that stuff is being take care. I also like the idea of Curecoin and I hope it succeeds because the scientific advancements in protein folding have implications for everyone on the planet. So it is not just about money here. Even if you don't have anything to do with crypto you might benefit from the advancements that can come from these kinds of projects. So I am rooting for both to be picked up by the miner community and I hope both eclipse Bitcoin and Litecoin. And when Curecoin is launched I will put some of my mining rigs on it and give it some support too.

http://cryptobullionpools.com/

is the pool live right now because i don't see any stats showing now that i'm testing it out?

Is it in real time ?  or does it just update daily ?

Congrats, it looks like you've made a lot of progress!

yes pool is live, there is going to be a cool announcement soon regarding that folding pool  ;)

Updates are once per day, WU's take much longer to complete.... cpu wus can take up to 4 days + even midgrade gfx cards will take 12 hours for a lot of wus. So yes there is much difference with the folding compared to mining, were u see your shares stacking up instantly.

ok great, is there anyway to see if i have it hooked up right?  i see about 140k ppd estimate in the fah so hopefully it is working away okay, guess i will tell tomorrow.

Hey guys,

I just got caught up with this tread.
I wanted to thank everyone for your feedback, concerns and criticism - they're all appreciated. As you can see, a lot of these things have already been addressed, but so far as I'm concerned, keep them coming. It's going to mean a more solid project for everyone.

Agreed! If you see some kind of flaw, let us know, sooner is better than later. :)

thanks yeltz, I agree, we are moving forward with addressing some issues of being able to make a coin like this. For example... since this coin has a large amount of potential, we have had demands of our physical address's so we can be trusted with the dev fund. Since that post Ive proposed a couple ideas I had as backup, figuring that the community would not want to put their trust in me at first.

Obviously coin devs dont want to give out their home address. Im going to look into renting a small office building to have as a headquarters for curecoin. A place where anyone average team folder or pro devs and come and discuss the future of curecoin. Planned meetings with open invites, all sounds good to me. Ive reached out many times to the community attempting to grow my team. Recent team / support growth is awesome. I a used to run a tech department, so I know how to organize a team well.

In the mean time... If anyone wants to join the skype curecoin chat room, just click the skype button to talk to cryptobullion on http://cryptobullionpools.com and we will add you.

Stay tuned for more updates, however for the GPU giveaway, we have some more details:

GPU will go to one person with a fair-sized PPD and total points on launch day. It will not go to any devs. The user will be selected randomly using some hex data from the first network block mined (not genesis block!), either as a number, or as a seed for a random number generator! The card will be a Nvidia 760. :)

What I meant was there will be a limited market cap.  Say curecoin ends up with a $1,000,000 market cap.  450k will go to asic miners, 450k will go to folders, and 100k for some reason will go straight to your devs pockets. So with a million dollars we'll get 450k worth of folding done.  If it were merge mined you could have cut the asic reward drastically and pushed it to the folding side, because like I said, anyone will merge mine a coin happily. Not at all saying asics can fold.

Could something like this be adapted for other BOINC applications, like climate change modelling? Don't get me wrong, I can see the potential in protein folding, but would be nice if people could have a choice as to where they would like to direct their GPGPU processing and still get rewarded.

gridcoin already does this

Fair enough

Yes! :)    


Only a very small fraction of the funds are actually going to the devs. Myself, I'm getting 4% of the 10%, also known as 0.4% of the coin. The lead dev is getting around 1% of the full coin. We'll have a full budget soon. :)

A few more questions:

Are you sure you want to put proof of stake into the coin? It will be an incentive for miners to stop mining, but also folders to stop folding when nearly all the coins have been issued.

I suppose there will be transaction fees. Are these going to be shared with folders as well, to promote folding when we get close to the maximum number of coins?

Curecoin launch as of now is going to be delayed. Plans to work with Pande Labs at Stanford university will soon be discussed between Pande Labs team and Curecoin devs!

LOL going to travel through time.  8)

Hopefully what happens is medical research jumps ahead in time by a few years ;)

Oooooh, I just found this thread :)

Hopefully someday folding will help treat mental illnesses along with physical illness. Today is the 13th anniversary of my fathers suicide, and all I can think about with this is helping mental illness along with physical :)

There's probably some good research for mental illnesses through protein folding, although I couldn't say for certain. Sorry to hear about your dad :( T

i would have to guess the research done with alzheimers must also uncover many other things about the brain, and they may well indeed stumble upon something to help a wider range of mental illness.

Very sorry to hear about your dad gorgorom. Heres to wishing that the alzheimer's project stumbles onto some secrets of the brain soon...

My wife has Huntington's so I am watching this also.

Good job, I hope this goes well!
If you can get them to handle the folder rewards, it will make the project that much more robust by removing one potential point of failure. Couldn't be much better, since the folding has to be centralized anyway.
Do not surrender the ability to add other projects into Curecoin though, as this is where decentralization will come from :) Btw I would suggest World Community Grid as another set of projects. They cover diseases (cancer, AIDS...) and environmental issues (energy, water...). You can pick which projects to support.
Current projects:
http://www.worldcommunitygrid.org/research/viewAllProjects.do
Past projects:
http://www.worldcommunitygrid.org/research/viewAllProjects.do?proj=comp

any comments on the start time for this coin?

I suppose we have to wait at least for their conference.

Conference is in 2 days from now... feels like the wait is longer! Hopefully this is the final piece needed to complete the curecoin puzzle and create a really solid high power gpu+cpu+asic ready coin.

Just learnt about this. Excellent idea! I hope this finally works out so we dont spend energy for nothing.

This coin blowed my mind. I dont care if i wont earn money. But at least maybe getting my power back or my destroyed gpu :P

If this actually starts and succeeds i will stop all the other coins and give my best to this one.

But a serious question. Do you REALLY believe that you will somewhen manage to put other things like seti@home, einstein@home on the same project? Is this possible? Even if it takes years?

This has a real potential.

Any news?

Stanford conference call is in the next 6 hours, CureCoin release is soon :D By next week this time, CureCoin should have launched.

I can't wait to start mine :)

CURE COIN CURE COIN .. HE'S OUR MAN, IF HE CAN'T DO IT, ERRRYBODY CAAN!!

The conference call was A OK.

Expect curecoin to be something amazing.... Just wait a lil longer.... and u will have your curecoin ;)

Give us the gritty details please!  ;D

so no news at all with that conference?

Yes yes.. there was news.... very good news... stay tuned in for details :)

Sorry to keep you waiting on specifics. The wait will be worth it though .....

Any updates with launch date? I want to be sure not to miss it!!  ;)

Hey guys... I'm currently folding for the pool but I'm having a couple of issues.

1.  My stats aren't showing
2. I'm folding at 0x15 and not 0x17

Anybody got any help they could offer?  I'm beyond puzzled.

any plans for Android/iOS/Win/OSX/linux wallets ?

Totally, what hardware are you on? :)

Right now I'm running a Ref 780 Ti.

I will be switching back to 2 780s in the next few days.

Rest of the specs

3930k
asrock Extreme9
32gb Samsung Wonder
Win7 Ult x64

Did you put client-type=advanced in the shortcut, and open it through that shortcut?






Have you tried deleting the work and trying to re-download the workunit (by opening up F@H once you close it completely (Ctrl+Alt+Delete) and deleting the 00, 01, 02... (depending on how many devices you are folding with) folders in C:/Users/You/AppData/Roaming/FAHClient)?

I did have the advanced set.  I just tried deleting the work units and restarting but still pulling 0x15...

also... My pc keeps freezing when folding.  I have no issues when stress testing the card (it isn't OC'd)

Where are the instructions for folding?

+1

https://bitcointalk.org/index.php?topic=268556.0

can you earn coins by folding now?

Wondering this as well

+1 for the question.

This is folding for "Frankos". What's the relation to CureCoin?

Good question! You can't currently get any CureCoins by folding, you are instead getting Frankos (and something called Reikicoin or something soon), which are other Alt-coins. Frankos has been around for a while, you can check them out here: http://frankos.org/ (http://frankos.org/).

However, folding right now is a good way to both get yourself into the 'high performance' bracket (get bonus points on work units if you are a consistent, powerful folder) and to make sure your hardware is optimized and your hardware is ready when CureCoin strikes :D

Do you have freezing issues with mining? Have you tried?

Might want to pull a few CPU cores away from folding, that way your system should run a bit more quickly for day-to-day tasks. Still pulling 0x15... Try deleting the workunits a few more times, might just be getting a bad string of work-unit luck :(

Just wondering. What could be the prize of Curecoin after its launch if donators will get 1:10000 BTC/Curecoin. Is it somehow informative of computers power needed to fold proteins?

looking forward to this one

anxiously awaiting more info/announcements.

i hope they'll have everything ready at the same time... mobile wallets, miner and such. that way, CureCoin can become popular rapidly.

Can anyone confirm me that curecoin will work with asic miners, gpus and cpus ? i ordered a block erupter just for that and i hope im not wrong...

its what they said! asic etc. for blockchain security, other stuff for folding

You have problems with reading or are you blind?

with the amount of different information online, the countless forums and the different advices, its quite hard to remember everything you read.

so no, im not blind, but my memory can trick me sometimes and thats why i ask questions.

You have problems being a douchebag or were you naturally born that way?

Anynews of current project progress?

You can't just say f**k off to us early supporters, mate. This isn't how it should work.

https://bitcointalk.org/index.php?topic=344716.msg3788194#msg3788194

Good luck with curecoins, I really like the idea :) !
Also, any ETA? 1Week ? 1Month? 1Year?

Hey wtman! Unfortunately, we can't make everyone happy, and while confirming BTC addresses is good dual-diligence, with the glut of PMs and quick 'selling-out' of the 10k/BTC slots... :(

Have you guys heard of the Digital Biological Converter?

What is the maxium Curecoin that can be created? When will they be listed on Cryptsy or available to buy?


Thanks!

They already sold some of the greedy 10% cut they get from every block mined.  Might have to wait for it to come out now.

Thought it was a fair coin launch  :(

It's basically a 10% premine without actually being a premine.

The way the coin works is when a block is mined, 45% of the block goes to the person who mined it, 45% gets sent off to their folding pool which distributes it to people folding, and 10% of all coins made goes to the devs.  They sold some of the 10% they plan to get to people for 1 BTC per 10k. https://bitcointalk.org/index.php?topic=344716.20

If they straight premined 10%, the community would be going rabid on it.   If the coin takes off and hits some crazy value, I expect this to come up a lot more. (10% premine of all coins is one of the largest premines I've seen)

Very interesting mate thank you, i can't find any promising release date

10% developer comission is indeed insane... Hope remains they will reduce it.
Or perhaps at least they spend it on advertising of the coin.

Is there any cheap coin you know of that is very promising right now?

Any updates from the Dev?

Have a look at gridcoin. You can mine gridcoin right now while having your CPU do work for world community grid or any other BOINC projects such as rosetta, SETI, etc.

Is Gridcoin on cryptsy?

Nope, it hasen't been released on any market yet.

How is going with they coin? Can i donate to help you?

why do I get this error when folding ?
02:29:16:WARNING:Exception: 9:127.0.0.1: Send error: 10053: An established connection was aborted by the software in your host machine.
02:29:19:WARNING:Exception: 8:127.0.0.1: Send error: 10053: An established connection was aborted by the software in your host machine.
and it's stuck at 99.99%

Seems a bit of an update is in order, even if it's just a 'Project is going well' update :)

So, project is doing well. We're working on getting supporting software ready for release and making sure we're exactly on par with Stanford. Stanford's at a bit of a slow-down with finals and end-of-semester stuff, which is, of course, to be expected. We don't have a release date yet, we have quite a few ideas still floating around.

As for donations, I'm pretty sure you can still send them to the 1JESUE... address, but the 10k CUR / BTC promotion is over, any money sent to that address will be a pure donation. A lot of people are on track to get some CureCoins for their prior donations :D

So project is still chugging along, squashing bugs and adding awesome. Hopefully one of us can have a juicier update soon.

How many CureCoins will be out there?

I just scanned the whole thread... I think I am missing something...

The Launch was supposed to happen on Nov 16, but I don't see people commenting on that...

Also, where is the page that gives the overview of the coin:

Total Number:
Difficulty adjustment:
rate of distribution:

etc...

So.. 2014 I presume?
It would be great to have news more often, even just to say all is ok :)

I am trying to setup folding but all I seem to get for my GPU is FahCore 0x11

What have I done wrong? Yes I put --client-type=advanced in the target of the shortcut (I have a space after --open-web-control and then --client-type=advanced)

And yes I have shut it down, deleted the work 00 01 etc

And I still keep getting FahCore 0x11

Please help!

Any news?  Got a launch date yet? :)

What GPU are you running?

Unfortuantely the Nov 16th deadline was not reached, as literally days before we had several large items come up, from a potential Stanford involvement in the project to additional back-end funding and a few more ideas that are taking time to implement.

Rate of distribution will be similar to other cryptocurrencies in existence, halving periodically for both mining and folding payouts. The difficulty adjustment will be relatively quick to allow rapid network growth and expansion. I'll check if the agreed-upon stats from early November are still valid.

Hello, I apologize for coming late to the discussion.  I am one of the main developers at Folding@home.  Vijay Pande (Folding@home project leader) and I have been talking and he has given me permission to make some comments in this forum regarding F@H's position on CureCoin.  I can confirm that the CureCoin developers have spoken with Dr. Pande but we are not working closely with them at this point.  I do not profess to know precisely Dr. Pande's opinion so much of this is my own and I will take the blame.

I am very excited about the idea of finding a way for people to contribute to F@H while at the same time earning crypto coin, however, I am skeptical about CureCoin's implementation for a number of reasons and I urge the CureCoin devs to attempt to provide clear answers to the following questions:

1. Precisely how will CureCoin guarantee that people are fairly credited CureCoin for valid F@H work?  CureCoin devs have repeatedly asserted that we have solved this problem for them but I disagree.


The truth is, our system is not rock solid.  We depend on the users to mostly act in our interest and on some manual intervention.  This is also the sole reason that some of Folding@home is not Open-Source.  We have Open-Sourced several parts of F@H and are working on Open-Sourcing more.  We rely on obfuscated detection of tampering as well as the goodwill of our users to protect the scientific results and the point system.  We would like to be fully Open-Source but as of yet no one has figured out how to efficiently execute arbitrary code in an untrusted environment with hard guarantees of security.  BitCoin provides hard guarantees through cryptography and by relying on very specific code, i.e. SHA256 hashes.

We are currently only dealing with points which have no monetary value.  Regardless, some of our users still get very upset when we get it wrong, which does happen on occasion and people still do occasionally cheat.  We are quite worried about what would happen if the points had real value.

2. Why do the CureCoin devs get 10%?  This seems excessive.  The money expended by Stanford over the last decade far exceeds anything CureCoin could have committed thus far and CureCoin is largely using the reputation of Folding@home to launch itself.  This seems unfair.  In addition, I understand that CureCoin has already received a substantial sum in donations.

3. The bigger question is do we also have to trust CureCoin to fairly deal out the 45% share that is to go to those contributing to Folding@home and presumably other disease related projects in the future?  How will you guarantee that points issued by Folding@home will equal coins in CureCoin?  I am assuming that some central server at CureCoin will query Folding@home's servers and allocate the funds.  I am also assuming that in the future CureCoin will decide how to share these funds among different scientific projects.  Who decides what projects are worthy?

Don't get me wrong, I love the idea and think you guys have come a long way towards an actual implementation of something people have been asking for since the early days of BitCoin but I feel there are important questions to be answered before moving forward.  Many people are working on this and there are a lot of ideas out there but I'm not convinced we've yet found the solution.  When we do find a solid solution I pledge my support.  I believe Folding@home has a big role to play in this and I will do what is in my power to help.

Thank you for your writeup. Its dissapointing news, but i agree with you completely. Those problems need to be solved. It worries me that you  have had only brief contact with them. Judging from your post i can assume that we are nowhere close to launch. This makes me sad.

Much regards to jcoffland, whose post has enlighted this enigmatical situation.
Questions to Curecoin's developers should be answered if they're so sure of the good future of their product that even are gathering bitcoins from people right now.

As far as I know, Curecoin has come out with a LLC registration to mitigate the risk to folding at home, of course that still leaves the security of your point system, which can be hacked after all multiple submissions of work have come in. All solutions to that are quite technical, but considering the composition of our community, all it would take is asking for some help and people will start working on it, give you a complete system to defend the points system.

I would lean toward the Open Transactions library model, use Curecoin as backing for the OT Server and dole out the points as a basket currency. Changing the points after all the work submissions have come in would be very difficult, they would have to compromise all the OT servers to cheat the points system.

Hoping to hear some replies from the devs to the issues raised by jcoffland!

Thanks for the update :)  I too am closely following your progress. 

Also, could you please respond to:


Thanks

Hey jcoffland!

There are certainly a few issues we have yet to address:

It appears you are referring to your system and people's ability to falsify reported data and get credited points, correct? This has been one of the main issues, probably the largest, that have impeded the release of CureCoin. Other things that have impeded the release have mostly been new ideas and services/programs to have available at or near launch. However, for dealing with cheating on F@H submissions, we don't truly have a way to prevent against this, as we don't have access to Folding@Home's servers, work validation, etc. Our hope is that we can work with Stanford to find a way to improve work validity checks, perhaps for simply having a system that double-checks work by giving the same work unit out to two different people, and makes sure that the submitted results match. If they don't, it would be sent to a third. We understand that the F@H project needs work units submitted back quickly to create the next batch of work (from what I presume to be a genetic algorithm for taking the best/most promising results and creating new test scenarios based off of those 'parents', please correct me if this is wrong), which may cause this duplicity/redundancy to be a problem. However, if the workunit was returned, it could be used in the next pool of workunits, and then if upon checking (other people send in different results for that job) the workunit is found to be forged, the effect that that incorrect data has on the next generation of tests should be fairly small, and that person would be awarded no points, so there would be no incentive for someone to submit false work results.

The other problem that this duplicity brings up is that suddenly your computational power from the CureCoin team is cut in half, which would be unfortunate. There may be a better way to perhaps only duplicate results of a, say, sixth of the workunits, and if a person was found to have above a certain threshold of invalid results they are banned, their points are wiped, etc. This way, you would only lose around 14% of the computational power, but would still make cheating very difficult. Perhaps only award points once an account crosses 10 submitted valid workunits (and when they cross that threshold they get full points for all of those Work Units automatically). In this case, a person would be very unlikely to have 10 forged workunits pass the filter, and if they were to do the first 10 workunits correctly their incorrect work would quickly be revealed and they would waste a lot of time doing correct units only to not get a payout. If we utilized some form of PPLNWU (Pay Per Last N Work Units) similar to the PPLNS system cryptocurrency pools use normally, people wouldn't get much of a payout until say 20 or 30 workunits in...

Either way, this solution still has a way to come, and most likely will require Stanford to implement something on their end for the CureCoin team, we would love to help and get Stanford's input on this issue.

Why do the CureCoin devs get 10%?
This seems to be a common issue people raise with the coin, unfortunately. Not only is the 10% not set in stone, but the 10% is a Dev Fund, not funds for Devs :)
We plan to use the majority of dev funds for giving away folding hardware, purchasing infrastructure (for ourselves, and for Stanford), hiring freelance programming/design/advertising talent, donating to charities, etc. While some of it will, certainly, go to core developers, this amount is much smaller. As far as I know, part of that 10% is for Stanford for hardware, bandwidth, etc. Most of the donation money we receive is either being held for an in-case-of-emergency or being spent on development costs, such as purchasing servers, etc. Some may be put towards community events, some may be put towards folding hardware.

The bigger question: Do we have to trust CureCoin to fairly deal out the 45% share to computational contributors?
Yes, there is a level of trust involved, certainly. However, it's important to note that we will not be holding that 45% (we were throwing around ideas, perhaps Stanford could hold the 45% and just send the amount we need week to week or even on a daily basis to the wallet for the payouts for the folding pool). We are planning to determine which other projects are worthwhile through a semi-democratic structure. Most likely (though again this isn't set in stone!) we will choose the projects that we personally feel are valuable, and then either let people vote on a one-vote-per-person, or a weighted vote depending on a person's average daily folding/computation rate. This would eliminate people being able to just create a ton of sockpuppet accounts on either these or the CureCoin forums, while also allowing the people contributing the most computational power to choose which other projects they would be interested in supporting. We will also take community suggestions, in case we miss an awesome project by accident.

Thanks for the interest! You're completely correct, there are some hurdles to overcome, but considering the possible benefits of this project once it is successfully launched, I'm confident there's a myriad of valid solutions, though it's going to take some brainpower. What are your feelings on the above proposed quick-fixes to work submission? I don't fully understand what the returned work exactly contains (I'm assuming the end-result of a proposed protein fold, but beyond that...) but it appears to be something that isn't easily-verifiable, so I feel that work duplicity/redundancy is probably the most likely way to determine whether a workunit is valid or invalid.

This is my 3rd attempt to communicate with you joe, bitcointalk seems to be getting a ddos and will not submit my log winded responses.

Joe is an honor to have on this discussion he is responsible for the latest FAH client updates and contributed to the core17 development.

Please join my forum at http://curecoin.us and message me there. I have the answers to your questions, but the BTC forum is not playing nice with me at the moment.... It already erased 2 posts in which I tried to answer all your questions.

@Vorksholk, thank you for addressing my questions.  There's much work to be done before this is all resolved.

This is something we have considered.  The major problem with this is that the results run even on exactly the same hardware are never the same.  This is a common problem with floating point calculations.  Multi-threaded computation on both CPUs and GPUs can also introduce random variations in the results.  Small variations propagate very quickly in an MD simulation.  This makes it impossible to verify results in the way you are suggesting with out drastically changing what we are doing.

Even if F@H's points system were made secure trusting both Stanford and CureCoin with 55% of the proceeds seems a lot to ask of holders of the currency.  Even if you and I are incorruptible others in either organization may not be.  Remember this includes not just current members of both organizations but also future members.

Here is one possible way to alleviate some of the uncertainty:

• Have the Folding@home software generate CureCoin addresses for all F@H contributors.
• Submit the CureCoin address with all work results.
• Have Stanford servers issue cryptographically signed certificates containing the number of points and the CureCoin address.
• Make the CureCoin software automatically issue coins to the addresses by included the signed certificates in to the block chain.

I wonder if it would not also be simpler to issue a new coin for each special cause.  E.g. one for F@H, one for BOINC, etc.  This way there would be no ambiguity about how coins will be distributed in the future.  Coins for different causes could be traded on exchanges.

Id like to make a correction here. The verification of the WU results will still be handled by the original FAH client, and also by the FAH servers, CureCoin in no way will be creating our own folding client. So all the security currently in place will still be there. There is no need to over complicate the process as many people are suggesting we do.

Also, to address the cheating issue, Ive been told by long term FAH members that the FAH security has one of the best track records for security of all DCN's. By implying there system is easily cheated goes against what others are telling me that have been with FAH since the start. Even if someone like myself, or yourself, or anyone else were to try to modify the client the FAH servers would reject the false WU's. If you know of any vulnerability in the client you are working on then I would suggest you speak to the ones who run the FAH server, to see if this possible imperfection is even valid.  

Lets not over complicate this process, please read over my forum and ask me directly in a message  on my own forum ( http://curecoin.us ) or in an email rather then asking the community for answers. Please sign up at my forum and contact me with your email address. We can speed up the process of getting you the information you're looking for.

Im sure you will agree "there is much less work to be done before this is all resolved" when you have the proper information.

All of your ideas are valid, but there has been enough "suggestions" to changes to my current system to write a novel from.  Please dont take offense, its merely a misunderstanding.

One of your points has been addressed.  "Make the CureCoin software automatically issue coins to the addresses by included the signed certificates in to the block chain." has already been resolved. Please dont make accusations if you have not done enough reading to be sure of your statements. Lets please get these ideas communicated  without making a scene and getting everyone confused. The confusion runs deep enough as it is.

The 10% dev budget is broken down into smaller section to do important things like cover server costs, security, and a wide range of items. Again, please read my forum before making the same assumptions that everyone else does. I already sent a draft of the dev budget to Prof Vijay, why have you not seen it yet? The dev budget includes %'s to cover FAH expenses, which could even include work done on the folding client, which means you are essentially already in the budget, and work you do for FAH can be compensated in the form of Curecoin.

Im trying my best to bring together the crypto community and the folding community without ruffling too many feathers. Its been an interesting process and both sides are learning from each other. You are a little "late on the scene" as you mentioned. I know the forum posts here are very long and some info is irrelevant and hard to sort through.

Cheating will be a problem when points or coins are worth $$$.

The security of the FAH network will not credit anyone that attempts to cheat. The amount of people with the know how to "possibly cheat" FAH's current security I'm sure is rather small. It will be a waste of their efforts. There have been a lot of claims that the system is cheat-able, however I have yet to see anyone suggest something that would actually make it through FAH security. Some of these claims might have worked a long time ago before FAH security was greatly increased.

What are you talking about? Did you miss the post a page ago where one of the lead devs told you that their security was insufficient when dealing with valueless points, much less valuable coins? Why anyone would think longtime folders a valuable source next to that is baffling.

Joe C needs to clarify his involvement with FAH. He is outsourced by FAH to work on the client, and does not represent FAH. He runs his own company, and gets paid by FAH to make updates to the client. In fact I do believe Joe C might be getting an email from FAH for making these statements.  

Have you all considered ProtoShare as a method of crowd funding (think p2p crowd sourcing like kickstarter).  They seem to be gaining traction in the decentralized autonomous community sector, and I think an idea of your magnitude would receive lots of attention!  You guys are running an incredibly noble cause, and a lot of us respect this project! :)


Is there any way you could use the Proof of Work system to have "miners" validate any results returned from nodes on F@H network?  After the work is done, is there a way to submit that work to the blockchain for verification?  And any fraudulent results would incur non payment to the party who submitted.  It would also mean 51% of the miners would have to agree on the fraudulent submission for it to be accepted.  Maybe in that way you could separate the important work of the nodes (solving real world problems to benefit humanity) from the verification system which is still rewarded for its purpose.  I don't know enough about folding at home to know if this would work, just a thought.

Thank you.


I am a contractor.  I've been developing software for Folding@home for the last 5 years.  Vijay Pande is the leader of F@H and I asked his permission before making comments here.


Part of the point is that we would like to make it publicly clear that we are not yet endorsing CureCoin and are concerned about the points I raised earlier.  I think it would be better to continue the discussion here.

We want curecoin!
Get it figured out and get it out asap!
I love F@H and I love crypto. Make it work!

As a donator/investor I'd be happy to be able to read the discussion about solutions to these issues here, and I'm sure everyone else who donated/invested would be too.

I haven't donated but I have invested some of my computer's time into solving solutions. I am also interested in reading the discussion though because it lets me know how close to releasing curecoin the team actually is and what problems are left to be solved because it is released.

However, I'm interested about the cheating on points thing yet because I know some people take points seriously, even if they have no monetary value, and companies like EVGA give you some credit every month for the points you get towards buying a GPU, so the points have a little bit of monetary value their. I've never seen anyone be able to cheat on their points nor seen anyone do it now when Franko's are being given away and their is some monetary value attached. Do you have an explanation for how this would be possible or if anyone has ever done this.

You have to create a super-folder, a Folding@Home Pool miner. If you make a massive simulation and someone is pumping in fake values they will get caught immediately, we could do it in quadrants maybe sections of a massive (n x n x n)n simulation with each node in the chain being a part of the larger simulation, bad values would not match. maybe even partition the jobs into threads so that each node is processing multiple projects at once? This would create multiple faulty computations appear on the larger grid, pinpointing nodes with failing GPUs or CPUs maybe even FPGA chips so that they can be re-assigned at the first sign of trouble.

I have a few ideas on how we could create a massive Hadoop cluster with Machine learning algorithms to properly connect everyone on the grid. Hell with this setup even the proximity of faulty or malicious nodes can be spotted by simply noticing if they are a botnet with multiple failing nodes or a deliberate attack, the machine wouldn't have to figure it out, it would just disconnect them from the grid.

The more Vectors we have to spot a faulty computation the better.

(n x n x n)n Grid to overlap computations.

Partitioned computations so no single node gets a single job, further dividing the possibility of damaging a major part of a computation.
Further partitioning through time as well can make the system more robust, you get to only complete a set size of a computation before you are handed a new one... further complexifying this Rubick's Cube. The system optimizations have to be automated.

Adding Machine Learning Algorithms to Data Mine all the connections for Performance data; This data will be important, it tells the system what a normal working system looks like, deviations are suspect and will be investigated with additional MLAs. This will be useful to analyze Folding Algorithms, Network Connections and how to route nodes for fastest performance, even further analysis metrics that can be open sourced so that anyone can view the metrics of the Grid to add that Human Intelligence component, we are masters at pattern recognition why not integrate it into it's working; The Machine will learn from us on how to best operate the network, by simply adding suggestions and giving the Network time to analyze controlled changes in it's parameters... a massive crowd sourced control room, maybe even a way for people to learn how the science of folding works so they can spot bad computations? The two systems would be separate, but the system could also be helped to compute the results to see if crowd sourced suggestions would have helped it deal with it's network problems for future use.

I believe in using every ounce of intelligence we can, and that requires a little more than computers, Each processor is suited to different computations just have to build it in a way that is accessible to all the architectures, even our own.

The back end for the points can be tied in directly with the Open Transactions Library for security of the point system, it would be tamper proof, all nodes would be servers for the points network, making any change would still require the concensus of everyone but without a massive blockchain. It could be implemented by writing a proper OT contract on how points are to be handled per computation and simply automate the dissemination directly from the OT server federation... the contract would be impossible to tamper with.

The contract made would give authority of the points calculated for a set time for the network to do the Data Mining, once done making sure everything is normal, it releases the points automatically.

Any further action if the calculation is proven to be faulty at a later time, we can give them a demerit point and work under the philosophy of, "Fool me once, shame on you! Fool me twice, shame on me."

A lot of the system could be directly accessible from the web if we convert it to JavaScript, a special subset asm.js, to deploy it across the web for all processing devices, so that even a cell phone can donate it's metric data for science.

here is an example so you can be amazed... all this is JavaScript. You will need Firefoxhttp://www.mozilla.org/en-US/firefox/new/ (http://www.mozilla.org/en-US/firefox/new/)

Epic Citadel: Unreal Engine 3 Port to asm.js
http://www.unrealengine.com/html5/ (http://www.unrealengine.com/html5/)

BananaBread playable demo.
https://developer.mozilla.org/en/demos/detail/bananabread (https://developer.mozilla.org/en/demos/detail/bananabread)

Monster Madness game: Zombie asm.js port, test servers won't be back till january , so bookmark it for later.
http://www.monstermadness.com/ (http://www.monstermadness.com/)

OpenRisc emulator with Internet access... it's old so use the console.
http://s-macke.github.io/jor1k/ (http://s-macke.github.io/jor1k/)

and more demos.
https://github.com/kripken/emscripten/wiki (https://github.com/kripken/emscripten/wiki)

How hard could it be to implement all the security and folding at home software into a browser for instant access? We can even make it fully opensource so that it gets the input of thousands of dedicated volunteers, they will make the code unbreakable, if they can't break it by knowing how it's built, then no one can and when it's ready it will released for everyone to try to break, before integrating it permanently.

 

It all looks interesting.
I might put this one in my pool @ luckyminers.com

can i mine this already?

Any news?

I can honestly say this is the only coin I have a genuine interest in.  It is troubling to see all the messages essentially come to a stop.  I really hope this project gets done!

Edit:  Ok I can say there are a couple coins I'm interested in at this point but they have a similar theme which is to do something constructive as we try to make a little money at the same time.

Im interested on few coins, but this is the one i would mine from day 1. Without a doubt.

a more simpler way it would be for the curecoin to be a common coin
and with this to pay the conribution of computing hours.
something like ripples is doing recenlty with BOINC ;)

We are wrapping up some security items, namely getting SSL for all sites that will handle user funds. A $5000 donation to Folding@Home has been made to help upgrade infrastructure. You can read more here: http://curecoin.us/index.php?topic=1088.0 (http://curecoin.us/index.php?topic=1088.0)

The cancer industry is literally 1/12th of the entire US economy.  It's a cash cow.  You can keep donating to bullshit charities and never get closer to a cure.  The American Cancer Society was founded by the Rockefellers in 1913 (same year as Federal Reserve) as a money laundering tool and a way to generate more wealth by playing on peoples emotions to donate for a "cure".  Donating to the same organizations for over a 100 years and no progress is made, you'd think people would catch on.

G. Edward Griffin (the guy who wrote The Creature From Jekyll Island) wrote a book exposing this and how you can protect yourself from cancer with Vitamin B-17.  It can also treat and eliminate cancer sometimes too.

It's in a book/documentary called World Without Cancer.  The documentary is available on YouTube in full length:
http://www.youtube.com/watch?v=JGsSEqsGLWM

Read the thousands of YouTube comments of people who have cured their cancer with this method.

10% to the devs + centralized system ? No thanks.
Edit: Flashing Stanford involvement sounds so scammy...

I dont think you understand the scope of the project here...

99% of the people mining or using cryptos are not understanding its functionality.
they are just using it  :P

Hey everyone, quick update.

We've mainly been working on trying to make sure that WorkUnits can't be cheated, and looking into further integration with F@H.

Any idea when Cure will be out?
Thanks

Any update of this list?

Good question! Wallet windows binary will certainly be available at launch. Personally I'd like to see a Mac OS X binary at launch too.
We aren't sure if we are going to have new mining pools at launch, or whether we will go with a merged-mining scheme and integrate into existing BTC pools.
The folding pool will certainly be ready at launch, a beta is ongoing at cryptobullionpools.com. CryptoBullion just added SSL.
A block explorer (likely based on ABE) will be available at launch, even if I have to host it myself.
Exchanges will likely not come right at launch, but shortly after. Personally I'd like to see a trusted escrow service set up for CureCoin buying/selling on the curecoin.us forums, but that's certainly no where near set-in-stone.
Team statistics will show on another alternate site dedicated to giving statistics about CureCoin folding power.
Development blog will likely be released on or right before launch, and may also include an explanation whenever 'dev funds' are spent/converted/moved around, to keep a public human-readable ledger.
Video tutorials for folding and mining will likely be made by me. Additionally, as time progresses, additional instructional videos will be made for people new to cryptocurrencies, for people wanting to either buy or sell CureCoins, or for people who are interested in other specific areas, such as how merge-mining works (if we go with that model).
Signature advertisement banners will be available on launch.
Website advertisement banners, like signature banners, will also be available on launch, and will be different dimensions to accomodate different normal ad banner sizes, as well as compact text-only versions.
Bounties will likely encompass anything on this list (namely exchanges at this point) that don't get launched on release or within several days afterwords.

Good question! Wallet windows binary will certainly be available at launch. Personally I'd like to see a Mac OS X binary at launch too.
We aren't sure if we are going to have new mining pools at launch, or whether we will go with a merged-mining scheme and integrate into existing BTC pools.
The folding pool will certainly be ready at launch, a beta is ongoing at cryptobullionpools.com. CryptoBullion just added SSL.
A block explorer (likely based on ABE) will be available at launch, even if I have to host it myself.
Exchanges will likely not come right at launch, but shortly after. Personally I'd like to see a trusted escrow service set up for CureCoin buying/selling on the curecoin.us forums, but that's certainly no where near set-in-stone.
Team statistics will show on another alternate site dedicated to giving statistics about CureCoin folding power.
Development blog will likely be released on or right before launch, and may also include an explanation whenever 'dev funds' are spent/converted/moved around, to keep a public human-readable ledger.
Video tutorials for folding and mining will likely be made by me. Additionally, as time progresses, additional instructional videos will be made for people new to cryptocurrencies, for people wanting to either buy or sell CureCoins, or for people who are interested in other specific areas, such as how merge-mining works (if we go with that model).
Signature advertisement banners will be available on launch.
Website advertisement banners, like signature banners, will also be available on launch, and will be different dimensions to accomodate different normal ad banner sizes, as well as compact text-only versions.
Bounties will likely encompass anything on this list (namely exchanges at this point) that don't get launched on release or within several days afterwords.
[/quote]


Thank you for answer but could you at this moment provide us any date of launch? Or at least which month it will be? This or february, march?

reserved

Looks great. Will keep an eye on this.

Unfortunately we don't have a set-in-stone date, personally I feel like Q1 2014 is a good target, but it could run a bit past that. :\

Why is that so? What couse so far away launch? You already told us that you have a lot things going on with lots of important institutions etc.

open source what you got man. We want this project to happen, just let us know how the community can help, we are here and I know there are really talented people in this community following this with intent.

You can wait looot of time, they do not post so often.

I am waiting, this is my next coin!

I bet you should say "I'm 'interested'" !

Up.
Dev, Op, someone give us some news.

What happened to the cure coin? I hope devs did not get sick or something...

I've subscribed to this! Eagerly awaiting this coin :)

+1

Devs some info please.

The launch of CureCoin has been announced to be going ahead soon, here's the thread in case you missed it:
https://bitcointalk.org/index.php?topic=432510.0

Ow great, thanks.

Really cool idea!

This sounds unique.

Can't wait to see how it turns out.

How is this going?

2 Questions:

I plan on using a 6x R9 290 rig for this and consider upgrading my CPU to an AMD FX-8320, 8x 3,5 GHz. Is that good enough/overkill? Will it work? I heard you need 1 CPU core per GPU, anyone is mining on test servers yet with similar hardware?

Also, I tried to register at curecoin.us and it says registration is currently disabled. Why is this and how long will it last?

Has this been abandoned?
Anxiously awaiting this project for months now.
Whats the deal? Any assistance needed?

The project is in its final stages, we're waiting on confirmation that some supporting software isn't in violation of F@H EULA, as well as doing some security testing on our servers.

I wouldn't mind pointing a couple of my miners to this coin if only to just break even.

Is there a definite release date?

No it's not they still are working on something...

When i 1st heard about this coin i already downloaded the protein folding program. It is still waiting in my computer to actually mine the curecoin. Please give us update every week.

been looking at forums, waiting for it to start. Haven't even done the folding since it  only pays the frank coin stuff which im not interested in.

I'm still keeping an eye on this.  I love the concept behind it and I hope this launches soon!

Any updates?

In my opinion, the best thing that this coin can achieve is to be able to use Curecoin as payment in the hospitals and Medical insurance.

Seems like it would be a natural fit since our research is helping their industries with treatments.  I suspect pharma companies are the biggest beneficiaries though.

Interesting concept, but I could not understand, how this is connected to solving medical problems? Probably there are some things in genetics maybe, that requires calculating power to solve, but what exactly the miners will calculate here?

protein folding

example

Nice, thanks. Will definitelly look into this coin, when it will be released

Wow I thought of this over a month ago. great idea glad its in development.  Cant wait to start helping! fold for coins! save the planet while making coinage!!  I suggest adding stake to this aswell.. 2% every 10 days totalling 100% per year..  gives people a reason to hold the coins.  HBN has successful added this and it seems to be a great long term feature to keep people holding. and making new investors want to buy more to earn more.  

MORE MORE MORE :P.

What is the pros and cons of Curecoin over Gridcoin?

That's a good question - up

Curecoin is a bit different. 45% folding and 45% sha-256 mining. Also gpus and asics are able to "mine". devs take 5% or so not sure yet.

Gridcoin is scrypt and boinc is the main idea there. If you look at boinstats you will find gridcoin in position #58 or so in RAC leaderboard. So a lot of computing power is towards for example helping cure cancer or malaria. It's up to you what kind of "projects" do you want to take part with. Also gridcoin has the first scrypt sleep implemented so even more processing power can be used to boinc.

Based on a message I read on the Curecoin forum I believe the percentages for ASICS / GPU's are changing to favor more power going toward folding.  I don't think the piece I saw had indicated that the percents were settled but it said something like more rewards for folding but mining would still be worthwhile.

Regarding the pro's and cons of Curecoin over Gridcoin.  That is something I wonder about myself.  Gridcoin is also very compelling and I attempted to mine it.  However, I found getting started to be difficult to say the least.  In fact, I never got it going.  At the time there was a tutorial but it was badly out of date and the information in the forum thread had changed a great deal as the client was advanced.  I believe that has since changed although when I drop by the forums I can still see there is a great deal of confusion on how to get started which has kept me from giving it another shot at this point.

One potential concern with Gridcoin is that it appears Rob (the developer of Gridcoin) is essentially a one man show and he has a full time job outside of the coin.  Don't get me wrong.  He is very active in the forums and is making constant improvements to his client.  There is real innovation there.  It is nothing like the clone coins we see every day.  He is the most active developer I have ever seen in the forums.  He must not sleep!  Nothing but props to him!  However he is human and there is just one of him.

Curecoin on the other hand is supposed to have a full time dedicated development team of several people that will not only keep improving the client,  but will also work on marketing the coin itself.  It will in fact be their job to keep the coin alive and kicking.  They are setting up a legal foundation to oversee the coins distribution for work done with folding.

However information from the Curecoin team is sparse to say the least.  Rob with Gridcoin and others are on the forums constantly addressing issues.  We rarely see anything from the dev's of Curecoin here or on their forum and if you have read this whole forum thread you will find this coin was supposed to launch months ago.  So although I have seen messages on the Curecoin forum saying the official launch is very soon it is really hard to know when the launch will happen.

I believe Curecoin is also innovative and in all honesty Gridcoin and Curecoin are the only two coins I can see myself working with long term.  There is real value in mining these coins unlike the vast majority of others.  If Gridcoin was easier to get started with I would already be mining it.  I tried over a month ago and really should go back and take another look.  I have not attempted to mine during the various tests for Curecoin (paid in other coins out of the dev's own pocket I believe) so I do not know how difficult that process will be.  However, I suspect due to the number of tests that have been done it will be much easier than my experience with Gridcoin was.  I hope to find out soon!

I guess overall how could you go wrong mining either coin or both of them?  Science is getting done and we have a speculative opportunity to get paid for our efforts.  That sure sounds like a win / win to me!

The i hope they could create a user friendly software for mining and folding.

I believe they are working on or have created an optional lightweight version of the F@H client.  It is supposed to be much easier to setup, stop, start, etc.  So I think they are putting a lot of effort into making sure anyone can do this without beating their heads against a wall trying to get things worked out.

I've finally got all my hardware online so I am ready whenever they are!

Thank would be great then. It took me a long time to figure out the gridcoin. Their wallet does not link easily.

If what your saying is true then Curecoin wins over Gridcoin.

There are lots of cheater in the past of Gridcoin, mining without actually doing Boinc work. The Curecoin should be wary of that.

Where are these Gridcoin cheaters?? Stop spreading mis-information!!

I am not spreading mis-information. I could be inaccurate. Why don't you research it on your own? I doubt cuz you are a big fan of GRC. If you mine with boinc you get 150 GRC reward, Without BOINC you get 1 reward per block i think.. not so sure... Some people have mined with without running BOINC and get 150 GRC. Maybe they patched it already.

If you don't think that is cheating then i guess call it great miners then. It does not matter, the thing is that it happened.

Sure it's cheating if something like that had happend and that's first time I have heard anything like that. I think it's just not possible to cheat and If you aren't actually doing boinc work you will definitely not get the full reward. It has been for sometime that you need to have atleast 1k recent average credit from boinc work to get full reward. Without this you only get 50% if you are doing boinc work right at that time when you find a block. So in a nutshell you get 50% reward if you are doing boinc without having any RAC and if you got atleast 1k RAC and do boinc you will get 100%.

In the early days of Gridcoin that may have been possible, but that is impossible today. The Gridcoin client has been modified heavily with many security measures like the boinc hash and 50% of the reward come from average daily credits so it is not possible to cheat any longer. So your information is very outdated.

I don't care about gridcoin. I just don't want it to happen in curecoin. even in early days.

They testing soft and everything to be sure that all will run properly so should be good.

Hey guys, quick update! Due to concerns over the auto-installation feature being a violation of FAH EULA/ToS, we are removing that feature for now, so currently the client we are working with will require users to go through the normal installation of F@H, but from there users can use our thin-client program to start/stop/reconfigure FAH (username/password) if they do not want to work with the more complicated default control application which comes with F@H.

We are in the process of beta-testing this software, the next wave of updates will be going out in the next few hours to anyone interested. If you want to help us test this software, shoot me a PM. :)

I want a very easy to follow guide then.

Thanks for the update.  Any news on the go live date?  You have a lot of anxious people ready to go!

For real.  I've been waiting on this since the day I heard that there were altcoins (sometime around November).

Give us the news. What is currently going on with this project and what else needs to happen to launch the coin?

Although I see a coin based on a concept such as this to be the future of crypto's (doing real work for coins), in all honestly my interest in this coin is dropping like a rock as a direct result of the lack of information from the dev team.

They rarely respond to any posts and the coin hasn't even launched yet.  This dev team would play a key role in distributions of the coin which certainly makes me uncomfortable considering their unresponsiveness.  Additionally their main site which is also rarely updated has been down for days and they was right in the middle of a test run.  No word here about it at all.  In other words this thing may already be dead and we wouldn't even know about it because they don't post updates to either site very often.

I had every intention of pointing all nine of my computers at curecoin assuming it ever launched but the complete lack of updates from the dev team at the very least looks unprofessional.  I've seen this far too many times already with other dev teams and it didn't end well so unless there is a dramatic change soon I don't think I'm going to get involved in this one.  Good luck to those that do!

I share the same opinion. I am removing my interest in this coin as well. I think people should voice their concern about this coin as well. They should keep giving us update. 1st gen is done, i hope with all the time they had since the announcement we should be expecting a 2nd or 3rd gen crypto from the curecoin.

Devs please react more often on this forum. We will be the initial power boost for every coin, you should care more.

The forums site, curecoin.us, is having some issues from a forum upgrade, we're working on restoring it, but we may have to settle for a few days rollback.

I would estimate a date in the next month or so for launch, the reikicoin test is well under way and was planned to occupy one month for pool testing and to make sure our stats system records everyone's points correctly. This afternoon I'm sending out a new copy of the EasyFold beta client, which is a simplified version of FAHControl. Coin source code is based on PPCoin still, with PoW/PoS. Here's a spreadsheet that gives the data for coin mintage:

https://i.imgur.com/4EMAxa7.png <-- Forums seem to be having some trouble with the image, here's a direct link: https://i.imgur.com/4EMAxa7.png (https://i.imgur.com/4EMAxa7.png)

Currently we are working on fixing the forum, and getting a community member to be the forum administrator. We are also finishing up pool security, and I am working on two guides; one for setting up GPU systems along with benchmarks for various cards, and another for remote management of multiple folding machines.

Sure it would be a huge thing, cause I can't imagine the pain in the ass it will be to manage hundred of gpus for folding if we don't have something similar to cgwatcher!

Thanks for the update Vorksholk.  I really want to be involved with a coin like Curecoin so please post what is going on more often.  Going weeks without an update gives the impression the coin is dead before it got started.  I know you guys have put a lot of work into it so please keep us in the loop.

Gridcoin delivered its working cryptocurrency that rewards for folding which is even less centralized:
https://bitcointalk.org/index.php?topic=324118.0

I just spent some more time reading up on the Gridcoin announcement thread on cryptocointalk.  As I've said repeatedly I have the utmost respect for Rob, but he is human and I believe it is fair to say he is stretched a bit thin at the moment.  If Curecoin doesn't launch then I will end up looking at Gridcoin again because I love the concept behind both of the coins as I've mentioned in my previous posts on this thread.

However, after reading the last 10 pages or so of the announcement thread on cryptocointalk it appears that Gridcoin is at a crossroads and it looks like some members are clearly trying to tilt the future of Gridcoin in their favor.  It will be interesting to see how it plays out but I'll watch from the sideline for now.

Yes, and Ripple provides their XRP for participation in BOINC program. There are AntiAIDS, Pure Water, AntiCancer projects.

CureCoin has much better name for marketing. Let's say how good they will use all of this.

I have some GPUs ready for this folding, when will it come out!?

GridCoin is certainly an interesting project, though I haven't been keeping up with it much. At its current point, GridCoin rewards users only for CPU utilization if I'm not mistaken.

It is evolving fast.  Rob the developer is quite quick at enhancing his client and making other changes as the need arises.

CureCoin fills a similar niche but I believe (hope) it will be much easier to setup and use.  I'm really looking forward to getting started with it and would volunteer for testing but at this point I've got too much money tied up in my equipment.  I need to let the equipment make a little money while I'm waiting for your launch.

Is Stanford going to sign off on CureCoin?  If not will you launch anyway?  They may change their tune when they see the additional processing power added to their network because of CureCoin.  Additionally, I know the original plan was to have several devs working full time on the coin.  Is that still the plan?

Make sense man. I like this coin. great work.

It seems this project encountered many difficulties, but I will still continue to focus its development.Hope it can live

One day I hope to see this coin go live.

If there are no more accurate development plan or schedule released, I believe many people will gradually forgotten, at least will be GRC mining away popularity

Launching this coin could paradoxically attract more attention to Gridcoin. We will have only two coins that uses miners for scientific research then.

Possibly.  The issue with any of these coins (bitcoins or alt coins) is what can we actually do with them?  GridCoin's value is taking a beating right along with all the other alt coins at the moment and yes I'm aware of the hacking issue and that certainly didn't help, but the fact that GridCoins actually represent real work doesn't seem to matter to the market and I suspect a large part of that is because we don't have anything useful to do with the coins themselves.

If you look at coins that appear to be successful it is because their communities exploded and took matters into their own hands to offer products or services for their coin.  I'm thinking of the DogeCoin community (of which I am part of) and even that coin is taking a beating in terms of value at the moment.

I guess we need that killer app so-to-speak.  Something that will make people want the coins just so they can get the application (or use) that they can only get by having the coin.  So far no coin that I'm aware of has such an application.

I used to buy a new computer just to play a new simulation that came out.  I had no need for that computing power other than I wanted to play that game.  I'm thinking along the same lines with the coins.  We need an application that can only be purchased with these coins that makes people think WOW I want that or even better I need that!

All of the usability will come along with the mass adoption of Bitcoin. We still need more tech solutions to make it easier for people to get cryptocoins and use them.
Maybe some time in a future we will not be asked "do you pay with cash or bitcoin?" but "do you pay with cash or crypto?". Then merchant will be not concerned in what exactly crypto we pay couse every of them could be change to bitcoin automatically.

With all the crypto issues or as some prefer digital currency issues regarding theft etc I think we have a long way to go.  However, without that killer application which I freely admit I have no idea what it will be, many people will just keep converting their coins to fiat immediately to protect themselves from the volatility which will result in downward pressure on coin values.  Of course multi-pools etc add to that as well but I don't see them going away any time soon.

Sure that is very true I agree with every line you wrote here. This is why we can buy bitcoin and altcoins so cheap right now, couse we spend our time for something we are not so sure that will succeed in the future. We risk our own money and spend our time (a long time in my case) in this crypto wild west world. We are like adventurers that sailed on a desert island couse we found a treasure map that led us there.
So we are in a harsh and wild environment, so someones could be harmed badly during the wade through the thicket etc etc. I also experienced that (I was robbed from some my coins that were worth lots of money here: https://bitcointalk.org/index.php?topic=349072.0). And our price for wiping trails if we succeed with pushing this cryptovision into the mainstream will be the fact that we will have many coins that others curious and eager will want to possess.
I'm sure that killer apps will be created and believe that it will start this year. Why? More and more serious companies and organizations are interested in cryptocurrencies and they want a piece of that cake for themselves. They have money, they have people underneath so might create really great tools that can move crypto usability and popularity to the next level. More and more projects are rising around. The crypto island starts to appear on the horizon.

I think that Gridcoin and Curecoin will be one of this alt-treasure :)

I think Gridcoin has some unique challenges.  I tried to mine it some time ago (over a month ago), and I never got it to work right.  There are constant updates which shows how attentive the dev is but it also shows there is a lot of firefighting going on.  I see the frustration in their forums about it even today.  Constant updates, constant forks, constant sync issues, etc.  I personally don't have the time to pursue it with my nine computers.  And yes I'm aware that the latest version of the GridCoin client has an auto-update feature that should help.

I believe CureCoin will be much easier to setup and use.  At least I hope so.  The methods these two dev teams have taken to achieve a similar goal is quite different.  I believe CureCoins approach will be much simpler to maintain with the obvious caveat that it is going to be centrally managed.  However, GridCoin is also centrally managed in a less direct way (one pool, one developer) so I don't see it being really any different in the end.

I hope both of the coins succeed but I can say the coin that is easiest to setup and use will have quite an advantage over the other.  Think of non-computer people trying to setup GridCoin.  It just isn't going to happen.  I've been working with computers daily for over 30 years and I found the GridCoin installation to be incredibly frustrating.  Now I've seen there is some collaboration with the BOINC developers as well and a new client (integrated miner) is in the works that should make things much easier.  That is definitely needed!

I can't say what it is going to be like folding for CureCoins since I have not done it yet but based on the latest information I've seen I believe we simply fold with the F@H client or a simpler F@H version being developed by the Curecoin dev's.  Then based on the amount of work submitted to F@H, we receive a payout once per day based on the amount of work we have submitted compared to all others doing the same thing.  It will be a proportional payout.  The concept seems pretty simple.  The execution is what will count.

The miners are a different element completely since mining will be ASIC friendly and CureCoin is based on the SHA-256 algorithm.  The last value I've seen is folding gets 80% of the coin distribution and mining gets 20%.

If things are different than what I recall hopefully the CureCoin dev's can point out where CureCoin currently stands.

The CureCoin approach makes things like the hack that impacted GridCoin recently simply not possible.

Edited:  Fixed a couple of typo's.




 

Yep Gridcoin thread is full of post about problems with client etc. I hope they will solve this once and for all.

ps. In my previous post I mentioned Gridcoind and Curecoin (edited) not only GRC.

No worries.  :)  I had some edits in some of my messages that were quoted as well.

Good discussion going on here, to clarify a few points:

1.) CureCoin 'mining' will be SHA-256, while the lion's share of the currency will be distributed to folders, who get daily payouts (as aforementioned) based on the last 24 hours of folding contributions to F@H. Client download and installation (on Windows) is extremely easy, and I'll have several guides available at launch for Linus setup as well.

2.) The usability of cryptocurrencies is an important factor in the price. While it's not the only determining piece of the puzzle (make room for speculation and manipulation!), it is certainly the long-term scope. My hope is to partner with someone (or a group of people) to develop a service where people can go from folding straight to real-world rewards (Starbucks giftcard, free food at Arby's, 5 gallons of gas at Shell), where they never have to interface with the crypto if they don't want to, but there are so many legal and technical hurdles to jump over for such a service, it's still a pipe-dream.

3.) CureCoin will be PoS, which does encourage holding of the currency, the system seems to have worked well for PPCoin.

4.) The CureCoin.us forum is back up, if people want to head over there and have a chat! :) Additionally, we are running the Reikicoin-based folding pool test over at cryptobullionpools.com if you want to test your hardware and earn some reikicoin. :)

5.) The project currently does not rely on anything from Stanford other than their public stat pages, though we would of course love Stanford's blessing, and are working to make sure the project stays within their ToS and EULA.

6.) We are still planning on a launch within April.

Awesome to know that launch is planned on April! Will tweet about it :)

Nice!

I'm glad the project will move forward with or without Stanford's blessing and we will be going live some time this month!

With a PoS setup how will that impact folders / miners at the start?  Doesn't PoS require a coin in your wallet to get started?  If so how will we get an initial coin to get started?  I'm guessing this is more relevant for miners than it is for folders but thought I would ask.

Congrats on getting the CureCoin.us forum up and running again!

Yeah! PoS won't issue coins from zero balance, but rather will slowly grow existing balances. PoS does require coinage in you wallet to start off with, so miners who solve blocks (solo or in pools) will receive coins to their wallet that, after a period of inactivity, will begin to generate proof-of-stake earnings. Additionally, for folders who withdraw their coins from the folding pool to their own wallets, they will be able to benefit from PoS on those as well.

Sounds like both folders and miners will need a coin to get started then.  I'm sure there will be some information on how to get started shortly before we go live but I'll ask now anyway.  How do we get a coin or fraction of a coin to get rolling?

The proof-of-stake generation functions once you have coinage in your wallet, but you can fold or mine to receive coins as well, with no starting balance. Basically, whether you have 0 or 1,000,000 CureCoins, mining or folding will generate the same revenue for you. However, the revenue you earn from PoS will be based on how many coins you leave in your wallet.

Oh I see.  Thanks for the clarification.

I can't wait to get this started.  I'm really looking forward to it.  I'm also hoping it doesn't run my GPU's nearly has hard as I do now.  I'll probably have a bit of a heat issue going into the summer months at my current heat generation rates.  :)

The coin for a long time, DEV will release the first version of what?

Hey wtman! Unfortunately, we can't make everyone happy, and while confirming BTC addresses is good dual-diligence, with the glut of PMs and quick 'selling-out' of the 10k/BTC slots...

Any news?

They are just wrapping up the final touches. read forums at curecoin.us =p

www.curecoin.us is currently down....  ???

Still down I think.

Is Curecoin still set to launch by the end of April? 

We're aiming for a launch in early May at this point, the forum had another attack, so we're looking into alternate forum software to run. We're making the appropriate modifications to the coin code to patch out the heartbleed issue.

I hope you're not blaming the delay on the heartbleed issue...

Forum malleability

amateur hour

I'm still folding for your team

Totes.

will donators (from the early fund raising) get a pre launch email ?
When can we expect to get our coins?

Just in case you've not figured it out this will likely never launch...

That's not a delay for the actual launch, and the forum was protected from heartbleed, we had another form of exploit. Patching the coin code against heartbleed is trivial.


We'll be sending emails out to investors right when we announce the official date/time.


Launch is coming extremely soon, however if anyone is getting nervous about their investment I'd personally be more than happy to purchase your investment spot from you, just shoot me a PM.

anyone of the investors interested in selling their curecoins? I missed the investment window, would be interested in someone that wants to sell their investment, to receive 10K curecoins near launch

pm me

Can you answer second question,
when will donators have access to their coins?



And i'll also gladly buy other donators as well :D please contact me!

What is the cost to buy an investor's spot? LMK if anyone is up for selling!

if it is possible, i'll sell you 10 curecoin for 1 bitcoin.

Ahahahahahahahahahahahahahahaha i will pay .05 for 10 tops

To recap on the donation-option, the agreement was one BTC would get you 10k Curecoin. If people want to sell their slots back to us or to other people, that is perfectly fine, just shoot ME a PM about it, and we'll get everything sorted out.

As far as I know, donors will get their coins soon after curecoin releases, maybe a week? We don't want someone dumping ridiculous amounts on release, and want to make sure everything scales as expected. Cygnus has the final word on that, though.

ok, 10 curecoin for 0.05 BTC is fine,

edit: i really think you're low balling me but gotta get the liquidity going some way...

I dont get how did some people got into the IPO... I been mining Reikicoin to help the project got 0 reiki and now Im hearing people bought curecoins already a few months back... its just a scam coin for now... and I think only friends or lucky people got to get in... Doesn't really sound fair so far

http://fah-web.stanford.edu/cgi-bin/main.py?qtype=userpage&teamnum=224497&username=cix888

I bet you also rant about how people who bought into bitcoin before 2012 are friends of satoshi as well?

I have no idea who the people behind the curecoin team are in real life but i bet they're pretty awesome for doing such a project with stanford, and i fully supported and trusted them with over 2000$ worth of coins from the start.

Now stop crying, get over it, and buy them or do something helpful for research and fold.

Where are they available for sale?   :'(

I would guess many exchanges will jump on the opportunity to list them.

until then if you want some we can agree on a price now and i'll give them to you when i receive mine (apparently not at launch but a bit later).

my price is about 0.05BTC for 10 curecoin if you preorder here.

This would be like some future contract.

All I'm saying is I would love to have been able to buy some or at least receive something (Reikicoin) for folding and supporting this project...

Of course I will continue to fold to cure cancer

"joindre l'utile à l'agréable" (I thought that was the motto of this coin from the start)

but I guess it hasn't started yet for some of us (i.e 0.05 vs 0.01)

Also I don't recall Satoshi asking for "cash" (since Bitcoins didn't exist yet) nor did he pre-mined it...

"with Stanford" or for Stanford? let Stanford pay for the dev. team then... Why do they need to raise capital?

Using the blockchaine for more than just confirming transactions is a great innovation!

I will continue to be an advocate of this project but I'm watching

Thanks

for the "with stanford" or "for stanford" part...It's a matter of wording, you should not pay attention to that detail in my post, the point is they are working for the advancement of cancer research, and that the F@H project is  a stanford project, which is tied to this.

---

switching topics, has anyone compiled efficiency lists  for GPUs ?
perhaps a shared googledoc spreadsheet?

Did you sign up on the folding pool with the exact same username?

A few months ago we raised money for development, server expenses, etc. in an IPO-style futures agreement, where 1 BTC was worth 10,000 Curecoins. We had to shut it down as it got significantly more funds than we were expecting.

Hi,

yep I have an account at https://www.cryptobullionpools.com with the same username but never received anything and now I can't even get in anymore...

Also I tried for ever to join the curecoin Forum, doesn't work (haven't tried recently)

"We had to shut it down as it got significantly more funds than we were expecting"

No kidding! I'm sure you could have raised enough on donations and people helps... I was more than ready to help from the beginning and I would have donated, hashing power or coins for a clean start... Now it look messy if you ask me!

Anyway lets hope we help understanding protein folding better

It's not the IPO. A while back they had a funding opportunity at the price of 10,000 curecoin / 1 bitcoin. The Reikicoin thing is now closed but it was open earlier. If you didn't get any while it was running maybe your not set up properly PM me. It had nothing to do with friends or luck.

Great, The project is still developmenting.
Cure me quickly! :D

Do donors have to do something right now in order to receive their coins?

Yes, pray they finish this project.

No. As already said within a weak of the coin being released donors will receive emails with instructions for getting their coins.

Nothing right now! On release, you'll need to download your wallet, and then send us the address you want your coins to go to. :)

The official website has protection system, great coins from great to little drops, strict

wtf does that even mean?!

I imagine he's referring to cloudflare, not sure on the little drops thing though.

It means he failed English classes.

https://bitcointalk.org/index.php?topic=603757.0;topicseen (https://bitcointalk.org/index.php?topic=603757.0;topicseen) Launched :)

OpenSSL version?

Please make sure that you have the latest version that is Heartbleed proof 1.0.1g when you get around to compiling and not like some other coins that just released with old vulnerable OpenSSL. 1.0.1.a to 1.0.1f

why arent we funding this!!!

imo, if all coins spent half the power on pow, and half of the power on folding or w/e.

it would be fking great step forward.

10% PREMINE

Great idea but a currency for the people and 10% premined. So you want a small group owning a large amount of a currency? What a scam. This is not a currency, it is a stock investment. Stay away from any large premine scammers!

Yeah,I think so.

Check the new thread:

"Curecoins go to three main areas: Folders, Miners, and Developers. The folders get 76% of the total coins (80% of the coins distributed per day). SHA256 miners get 19% of the total coins (20% of the coins distributed per day). 2% of the total funds are distributed to people who donated to project development. The other 3% is dedicated to Curecoin developers, and will be used for paying for development costs (such as hiring professional programmers, paying for infrastructure, etc.), and for giving back to the community (folding hardware giveaways, faucets, covering 0% mining pools, etc.). "

https://bitcointalk.org/index.php?topic=603757.0

How to fold on Linux GPU? Guide is only for windows CPU.

Unfortunately, unless you want to run a WINE emulation, Linux can only fold with NVidia hardware. Are you on ATI cards or NVidia?

Ok, so I got the F@H client, and in my browser I can see it going good.

How and when do I get CureCoins?

don't forget to sign up at www.cryptobullionpools.com (http://www.cryptobullionpools.com) to register your F@H account

and list your team as team curecoin
224497

Make sure you are on team 224497, and then sign up at cryptobullionpools.com with the EXACT same username you are using for folding :)

Okay, go it! :) so I changed my 'identity' and now I am in a Team 224497 (sounds like Borg, lol!)
I also made an account on cryptobullionpools.com

What else? CureCoin wallet?

Yup! You can go grab one from http://3.curecoinmirror.com/Curecoin-Installer.exe (http://3.curecoinmirror.com/Curecoin-Installer.exe) :)

What PPD are you running at?

5682

Is that high/low?

What is the rate on conversion to CureCoin? Well I guess that depends on the number of folders/miners, right?

Today I am at:
CPU:7
7815 Points per day

I see on forums people writing about 70k PPD!!

and this at [ANN] thread:
Omg, if I fold 30 days a month with average 6k PPD, I can get what...6 CureCoins?

Why aren't you using a gpu to fold?

GPU:0 GF 106 [GEFORCE GT 525M]

Umm, what can I do?

Hello,

anyone Confirm about Credit system is my stats are correct.

Corei7 Credit : 628   PRG : 9007
GPU 0  Credit: 17123 PRG: 13001
GPU 1  Credit: 17123 PRG :13001

and how many CURE get a day?


Thx

It looks like this is a PoS coin -- what codebase was this forked from?

Phase 1
Today I start fundraising to get the promotion of CureCoin off the ground. If you would like to see the marketing for this coin go viral; I would suggest donating as 100% of the proceeds go towards marketing campaigns. First step is to try and get us on the sponsor list for the BTC conference 2014 in Chicago. Here is a list of the donor hierarchy.
http://www.scribd.com/doc/225648825/NABC-Chicago-Sponsorship-Info-19-5-2014
I will not be taking any profit or cut from this as 100% of donations will directly go towards this.
WHY? Great question. We have in our midst a coin actually worth something; a real modern miracle. As the Dev. Team grows stronger the coin will grow by itself. However nothing like adding fuel to the fire. Since at this conference there will not only be Forbes, Wall Street Journal, a lot of press and large investors, but a vast majority of other crypto enthusiasts. Of course following their interest is further support and volume into the coin.  Assuming we have at least a booth set up minimum. We already have top designers and digital artists at our disposal for press and promotions. The real goal is to reach the premier donor list, which comes with the added benefit of having CureCoin logo splashed across the conference on every piece of written literature and banners from napkins to ID badges.

Goals: To get a booth set up we will need $2000 or roughly 4 BTC just for the booth. To hit premier sponsor we will need $25,000 or roughly 50 BTC.
Why don’t I just buy coin to maximize my investment? Another great question, if you’re already holding CureCoin, the amount you would buy will not change current prices. However if we are able to make the premier spot, very big players will become more interested as we were able to raise this amount through the coins support alone. More volume in the coin, more transactions per day, more folds per day and work units are completed.  THE CLOSER WE GET TO THE CURE.
BTC address, 1NyS35o4FSt5YNNgbfbLjCiMZZ3HssxCsB

Phase 2
   Any leftover donations will be used towards future marketing which is already lined up and with aid, in development. We already have approval from three different “Race for the Cure” events as sponsors and hosts. These 5k – half marathon races are great for raising awareness and general knowledge of CureCoin.  This plans to be a multi-national campaign as we now have connections in New Zealand and Australia. If you know of any other great ideas or input feel free to contact me as I am always excited to make new connections.
Just to prove that I have permission to do this and I am not here to scam anyone. I will remain completely open with my identity.
Jakewiser22@gmail.com
https://www.facebook.com/jake.wiser.5
1-801-598-8949
Feel free to contact me anytime I’ll get back to you ASAP.
Also if you will be donating 0.5 BTC or more please contact me first as you will be receiving a custom CureCoin t-shirt with any name you choose to be printed on it as well as special thanks and promotional swag. Open discussion for a CureCoin transaction depending on your support .

Big ambitions!  :)

I've been folding almost 2 weeks now.  A couple hundred work units and 90k points.  Nothing is showing in the cryptobullionmining dashboard.
I sent an email to cryptobullionmining@gmail.com late last week no response that I've seen.  Tried signing up on the curecoin.us board but it wanted me to verify team name and number. I didn't join a team yet so all I had was, Team 0 and no name.
Thanks

you need to be in the cure coin team to get paid on the pool

from getting started on the pool here https://www.cryptobullionpools.com/gettingstarted (https://www.cryptobullionpools.com/gettingstarted)

Hey defier, looks like you need to sign up at cryptobullionpools.com. Send me a CUR address, and I'll send you a few CUR for your time without payouts. :)

Cool,
I signed up on cryptobullionppols during setup, but never joined a team.  Didn't read anywhere that a team was mandatory.  The web control now says, points going to curecoin's team total now.  I suspect it will be a day or so before they start showing on the CBPs dashboard.


So any earnings from folding done on Team 0, are what?  Lost to the chain forever?  Never actually existed?  I like to be at least partially educated when recruiting people to curecoin.
Thanks


BRJX24F7fCqMJuzkmzqHrMhkgkDc4hWaAo

Yup, up to 48 hours (depending on timing) for WUs to be credited on our end. Sent a few CURE :)

Those points basically went to an aggregate group, which just isn't counted in our stats collection. Still had scientific benefit though, of course!

Was wondering if anybody knew of any P2Pool or P2Pool networks.* files that were floating around? Would be interested in creating a P2Pool node for it since the diff is so high. Plus the returns are better than pools.
Regards,
Matt

Very cool Thanks again!  Points are now being reported to cryptobullionpools.

Curecoin is up for vote on Coinwarz.com, anny votes go a long way to get this coin going.

http://www.coinwarz.com/voting

make it work with Trezor please dev

https://bitcointalk.org/index.php?topic=122438.0

thanks,

Any luck on the above?

If you want people to invest in Curecoin this is a must...

please dev. make this one of your priority

thanks,

Hi everyone,

I'm a SolarCoin supporter and always looking for other cryptocurrencies that have a positive mission to help the world. There are very few.

I recently heard of CureCoin and am impressed with your idea.

I read a couple of articles on CoinDesk from just a few days ago which mention the concept of CureCoin -- mining for proteins via the Folding@home project -- but which say that this idea has not yet been implemented. These articles do not actually mention CureCoin, so it sounds like they've never heard of it.


Source: http://www.coindesk.com/cryptocurrency-mining-help-archive-societys-important-data/ (http://www.coindesk.com/cryptocurrency-mining-help-archive-societys-important-data/)


Source: http://www.coindesk.com/should-you-mine-for-profit-or-proteins/ (http://www.coindesk.com/should-you-mine-for-profit-or-proteins/)

Based on reading these articles, I must ask, has CureCoin already implemented this great leap forward and CoinDesk just doesn't know about it yet? Or is CureCoin advertising itself as something that it's really not? Do people really get mining rewards of CureCoins while using their computing power for Folding@home?

I look forward to replies from the CureCoin community. Thank you!  :)

Yes I've been folding for coins for a while

Simply set your team and collect your coins

Ello,

The bigger curecoin thread is here (https://bitcointalk.org/index.php?topic=603757.0).

I know a few people including myself have emailed coindesk (I'm not a dev) the last few weeks but to no avail so far.

Someone is cheating on votes curecoin in coinwarz ..

lol no problem, ill send a new email to the support

Thank you. I'll check out the other thread.

It's surprising and somewhat disturbing that coins with a scientific and humanitarian purpose like this one don't get more attention. The pump-and-dumps seem to get most of the trading volume and big market caps. As a fellow supporter of cryptocurrencies with conscience, I wish much success to CureCoin and will probably buy some.

The one issue is that curecoin will always be centralized. Even if we get fah to sign points so our wallet gets its own coins vs coins being distributed by the developers, we hit it being centralized by fah who can issue coins to anyone at anytime by typing in points.

Sadly nothing can replace pow in Bitcoin for a universal currency where you have powerful governments at play.

I'm going to guess some part of this is not open source. Am I right?

Anyway, great project, wish it all the best.

It is open source but not decentralized. Coin issuance is centralized.

You cannot solo fold or make your own folding pool.

But I love it and fold with or without curecoin

Someone is cheating on votes curecoin in coinwarz ..

Why the price is steadily falling?

I know in "Crypto" profit is god. 
But Folding for cures is one I will continue to do if cure coin value is zero.  People doing the SETI thing don't get Alien coins and they still do it. 
CPU cylces to cure diseases on planet earth, are much more plausible and relevant to humans beings.  More so than a stray, hiddieho neighbor, from an extraterrestrial.

Who knows, the disease you help cure today could save yours or your great grandchild's life. 

On the flipside,  If we do make contact with aliens.  They can come cure everything, and save us all from... each other?  After all who wants a bunch of sick and dying slaves/livestock?

Great, everyone doesn't have the resources to be philantropists.    One day I will, but need to pay of this debt first -- get out of economic  slavery.

tldr

So is it released ? You can do folding while mining ? I thought that was impossible.

You are folding and getting coins, but you have nothing to do with the coins  :(

So there is no Proof-of-Work basically ?

There is mining is separate

There is mining on the SHA side... but the rewards are relatively small.
The majority of the coins go to folders.

Funny, I had always hoped someone would connect a project like this to a crypto currency.
I used to fold a couple years ago... did a lot of work for Find-a-Drug and lots of Boinc projects.
I even tried Grid coin but has so much trouble getting it to work properly.

Now, I have all my machines pointed at the CureCoin Project with folding.
Finally, a crypto worth it's weight in gold!

This coin blowed my mind.

 
Is CureCoin planing to do something for ebola ?

 :)

its been a while since i follow CC. It seems they have stop ASIC and only doing F@H? And CC2 is coming?

ASICs can still mine for now, and CC2 is currently undergoing heavy development. :D

What about this CC2, will it works like CC1 should have ?

Nope, CC2 will not incorporate any type of traditional hash-based mining. ASICs will not be useful for Curecoin v2.

What is next or protocol for cc2? Script? X11?

If I still want to mine cc which pool should I look at as few pool has already seize like minep.

This is so frustrating.
Why can't we make mining useful ?
Mining is such a waste.

Isn't that one of the things that this altcoin aims to address?
Though if you wanted some other coins with 'useful' mining, consider RieCoin, PrimeCoin, and other mathematical exhaustion coins where the exhaustion process is hard, work can be counted piecewise, and results can be verified quickly.
The note about ASICs is just that they're eliminating the SHA256d element from the mining process - an element that has no foreseeable secondary usefulness and whether its intended use for strengthening the blockchain worked out as desired, is something the devs will have to get into.

So don't mine, and just fold :)

I haven't been mining for a very long time for that reason.
I am waiting for useful mining.
I'll have a look at RieCoin.
I know PrimeCoin but was it useful at the end ?

Folding or Mining create more curecoins for supporters?

CureCoin added to our coin voting.

is this coin still alive?

Yes I'm still folding, help us by buying curecoin on bittrex

Very much alive, targeting a public beta of many of the 2.0 features in late February. :)

Interesting... Will wait.

Imagine a coin with real world purpose, that actually helped cure a disease. That would be something.

Question: has this folding process that computes useful algorithms cured any diseases in the past?

folding has contributed by showing us how proteins can be joined together. as far as I understand folding is contributing by freeing up time for researchers that would have been wasted trying to fold proteins on their own

While there is no drug you could go out and buy today based on the work of folding@home, similar computational biology is actively used by pharmaceutical companies today. Japan's K supercomputer has been used before for simulating protein structures by several japanese pharmaceutical companies, and the folding@home project has published a multitude of papers which show promise in leading towards the development of cures or treatments. You can take a look at the folding@home results: https://folding.stanford.edu/home/papers/#ntoc118 (https://folding.stanford.edu/home/papers/#ntoc118)

Oh okay, maybe one day will will cure something with a crypto-coin :) But I don't understand researchers would try folding proteins on their own? Would they not just be running the same computer algorithms but with less computing power?

Oh okay I am starting to understand. These algorithms help create Big Pharma drugs, hmmm.

True, but by crowd-sourcing the computational investment, no pharmaceutical would have a patent on the primitive proteins/structures that they are targeting, so they would have to compete on a fair market with one another.

Not only to cure diseases, but also to unravel the mysteries of protein folding.

I you're looking for a coin that has no useless mining, but only contributes to science (the blockchain is secured via Proof of Stake that hardly wastes any electricity) then have a look at Gridcoin.

It's also more decentraliced as the Proof of Research is part of the Proof of Stake system so there is no central enitity that determines how much you get but it's decentraliced.

Folding coin is good