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701  Alternate cryptocurrencies / Altcoin Discussion / Re: [PTS] Mining ProtoShares on Amazon EC2: Cheaper Than DigitalOcean! on: November 19, 2013, 12:29:39 AM
What is the program you have running in all those terminals? (I don't recognize it) Cheers!

Oh, that's htop, showing 32 hyperthreaded cores and 30/60GB RAM wired Smiley
702  Alternate cryptocurrencies / Altcoin Discussion / Re: [PTS] Mining ProtoShares on Amazon EC2: Cheaper Than DigitalOcean! on: November 18, 2013, 11:36:12 PM
What were the returns like last week? 7 bucks an hour is less than I expected, can you actually cash out or are you holding waiting for a non-Chinese exchange to pick it up?

Unfortunately I only discovered the wonderful pricing of EC2 spot instances yesterday, however back at 1/4 difficulty profit would have been much higher.


i get an error on AMD-Opteron:


v0.1c M7c-linux64-core2/yvg1900
ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ»
º  jhProtominer mod by yvg1900                     º
º  author: jh                                      º
º  http://ypool.net                                º
º  mod author: yvg1900                             º
º  Addresses for Thanks and Donations:             º
º    PTS: PZxsEQoiMeB6tHcW2ZySBEiCPio1WkxbEL       º
º    XPM: AW2388DEWNEfMH4rP9kcj9yKcMq1QywYT4       º
º    LTC: Lby4YjhcAxhmbsdHFb4nYydrwGoiJezZt1       º
º    BTC: 1FxekeK5La7AuF3oxiLzPKnjXyLMrux6VT       º
ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍͼ
Checking optimizations compatibility...
Illegal instruction
root@localhost:~/jhprotominer-yvg1900-M7c-linux64-core2/linux64-core2-1024M#


Can you help with this?


Yup.... the commands in the code are only for Intel processors, and at that only certain Intel processors. They use optimizations for core2 machines, which means that they use assembly instructions that are available on Intel processors that aren't generically available.

For the AMD-Opteron, you can try the following, and see which one works/gives the best power:

wget http://www.theopeneffect.com/jhprotominer-yvg1900-M7c-linux64-generic.tgz
wget http://www.theopeneffect.com/jhprotominer-yvg1900-M7c-linux64-bulldozerv1.tgz
wget http://www.theopeneffect.com/jhprotominer-yvg1900-M7c-linux64-barcelona.tgz
703  Alternate cryptocurrencies / Altcoin Discussion / Re: [PTS] Mining ProtoShares on Amazon EC2: Cheaper Than DigitalOcean! on: November 18, 2013, 07:08:22 PM
At that price per hour and the current BTC value on coingrounds, you're earning $1-2 USD/hr? Pretty heavy investment.

Unless my calculations are wrong of course. Going by your earnings per block on ypool @ 12-13 blocks/hr.

I get somewhere around 0.19 PTS/Block, and the pool is currently getting 15 blocks/hr. At this rate, 15*0.19*0.0106*600=$18.13.
704  Alternate cryptocurrencies / Altcoin Discussion / [PTS] Mining ProtoShares on Amazon EC2: Cheaper Than DigitalOcean! on: November 18, 2013, 06:08:25 PM
So, if you want to mine ProtoShares with cloud servers, you might want to take a look at amazon EC2.



 Each instance costs ~$0.28/hr for a cc2.8xlarge at spot prices. Each spot instance of a cc2.8xlarge gives you 480 Collisions Per Minute when using the optimized 1024M jhProtoMiner ProtoShare Miner for ypool.net.

Code:
wget http://www.theopeneffect.com/jhprotominer-yvg1900-M7c-linux64-core2.tgz
tar zxvf jhprotominer-yvg1900-M7c-linux64-core2.tgz
cd jhprotominer-yvg1900-M7c-linux64-core2
cd linux64-core2-1024M
./jhprotominer -O ypool.net -u username.worker -p password -t 32

The above code will quickly get you running on EC2's 32-core systems. The 32-core systems are available at a good price in N. Carolina and Oregon, and you need to use HVM-compatible linux OSes (I used Ubuntu 13.10) for your server OS.

Currently, I'm paying $11.20/hour for almost 20,000 CPM. Not bad.
705  Alternate cryptocurrencies / Altcoin Discussion / Re: Solo Miner for ProtoShares - 2.9% fee - Updated on: November 17, 2013, 06:54:41 PM
What's the calculation for how many collisions/block are estimated at a given difficulty? Smiley
706  Alternate cryptocurrencies / Altcoin Discussion / Re: [Guide and Giveaway] Free $10 - Cloud Mining PTS with yPool and Digital Ocean on: November 17, 2013, 02:41:48 PM
I did what you said and I'm getting this:



However, yPool shows that I'm not getting anything, why is that?


Looks like you're running beeeeeer's.  PTSminer, right?
707  Alternate cryptocurrencies / Altcoin Discussion / Re: [Guide and Giveaway] $10 Free - Mining PTS on Digital Ocean and Giveaway too! on: November 17, 2013, 02:12:02 AM
Does DigitalOcean ban accounts for this?
708  Alternate cryptocurrencies / Mining (Altcoins) / Re: Illustrated CureCoin(Alpha) Mining Guide! on: November 16, 2013, 07:17:37 PM
I registered and did the guide for the software, but it's online and attempted to connect 11 times. It still has not started to find work to fold. I did the folding instructions exactly shown on the guide and I am doing it on a VPS.

I restarted it and still the same issue:



Hmm, put the folding speed at full. Does it give any info in debug logs? I see you're using Amazon EC2 Windows Server instances, anyone else have experience running FAH on EC2 slices?

Hi. I have 2 overclocked 6990 and overclocked 3690x
total points estimate is 90000 after 12 hours work. any workarounds or hits to increase this ?
Thank you.

Do those cards show Core_17 in the FAHControl Sidepanel when you click on the GPUs? Smiley

Happy for the DEV's LONG LIVE CURE! Grin *Sits still with his 5770 and Block erupters*

Glad to have you! Smiley

Vorksholk, I was folding for 2 days regidtered on a pool and using team ID.
where to check what I mined/folded ? pool shows 0 balance everywhere

Has your computer submitted any work units yet? Some work units can take quite a while to run. Smiley

I'm using a fx 8320 processor, with crossfired 7850 graphics cards.

What should I do on the bleeding-edge core_17 core part of the instructions.

Include "--client-type=advanced" on the properties on the shortcut.

Yup. Core 17 is being phased into mainline over the next few weeks, as well. If --client-type=advanced doesn't help, try deleting the old core workunits from C:/Users/YourUserName/AppData/Roaming/FAHClient/work delete the 00 01 02 etc. Smiley
709  Alternate cryptocurrencies / Altcoin Discussion / Re: New Major CryptoCoin project spotted "CureCoin" with screenshots on: November 16, 2013, 02:29:08 PM
Well according to the article its ASIC compatible, so no block for me.  Embarrassed

Do you have GPUs or CPUs instead? If so, you can protein fold with those, which will allow you to earn good quantities of CureCoin, comprable to ASIC mining with the same cost of hardware.



what pdoes it cure Huh

Good question! The GPUs and CPUs that join the network will protein-fold, which is a computation-based simulation of complex proteins that exist in the human body. Protein folding allows medical researchers to gain an awesome understanding of how proteins mis-fold and cause a variety of ailments ranging from Cancer to Alzheimers to Huntingtons.

so its like fold it???   this is awesome because i wanted to do almost the same thing when i heard about the dude making games to combine processing power

Yup, similar idea Smiley
710  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] CureCoin to be released soon. on: November 16, 2013, 06:35:41 AM
any progress yet??

Yup, we are releasing soon! https://bitcointalk.org/index.php?topic=330685.0 Smiley
711  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PRE [ANN] CureCoin Pande Labs team to have conference call with CureCoin Devs on: November 15, 2013, 10:29:18 PM
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 Smiley






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 Sad T
712  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PRE [ANN] CureCoin-Fold Proteins, Cure Cancer, Make Money! NOV 16 GPU+CPU+ASIC on: November 14, 2013, 05:24:58 AM
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.

Yes! Smiley    


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....

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.

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. Smiley
713  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PRE [ANN] CureCoin-Fold Proteins, Make Money, Cure Cancer! NOV 16 GPU+CPU+ASIC on: November 14, 2013, 04:35:52 AM
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. Smiley
714  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PRE [ANN] CureCoin-Fold Proteins, Make Money, Cure Cancer! NOV 16 GPU+CPU+ASIC on: November 13, 2013, 10:22:42 PM
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. Smiley
715  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PRE [ANN] CureCoin-Fold Proteins, Cure Cancer, Make Money! NOV 16 GPU+CPU+ASIC on: November 13, 2013, 01:44:29 PM
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.

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. Smiley

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) 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. Smiley
716  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PRE [ANN] CureCoin-Fold Proteins, Cure Cancer, Make Money! NOV 16 GPU+CPU+ASIC on: November 13, 2013, 01:30:27 PM
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.



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? Smiley
717  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PRE [ANN] CureCoin-Fold Proteins, Cure Cancer, Make Money! NOV 16 GPU+CPU+ASIC on: November 13, 2013, 03:07:04 AM
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 Sad
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. Smiley

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

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. Cheesy

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! Smiley

We still have a few small wrinkles to work out, more information is certainly on the way though. Smiley
718  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PRE [ANN] CureCoin-Fold Proteins, Cure Cancer, Make Money! NOV 16 GPU+CPU+ASIC on: November 13, 2013, 02:13:54 AM
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 Sad
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. Smiley

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

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. Cheesy
719  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PRE [ANN] CureCoin-Fold Proteins, Cure Cancer, Make Money! NOV 16 GPU+CPU+ASIC on: November 13, 2013, 01:36:49 AM
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 Sad
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?
720  Alternate cryptocurrencies / Announcements (Altcoins) / Re: PRE [ANN] CureCoin-Fold Proteins, Cure Cancer, Make Money! NOV 16 GPU+CPU+ASIC on: November 13, 2013, 12:31:18 AM
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. Tongue
--> 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. Smiley



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