8/4/13
Website is up, please come sign up if you want to be a part of the curecoin team, or just to discuss.
http://curecoin.us/8/1/13
The source code for the official curecoin is ready for testing. I have some more logo ideas coming my soon from a supporter of curecoin. Last chance coming soon to submit a logo!!!!
Team is still on track to hit the 1200 Rank very soon. PPD is going back down a little, I just fired up 25000 ppd on my pc to give it a little boost back up.
Website to be launched ASAP.
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7/31/13
Update, good news, I had mentioned the dev im working with was busy with his own project, but he did just contact me and is helping me fine tune the final client right now. (Exactly why i wanted to find an experienced dev, the coin model is looking very good)
Many many thanks to all his efforts.
Im still planning on releasing the short term beta of curecoin at this point, before the official is launched. I want to give stanford time to prepare for the big event. Ill give it another week and shoot an email and see what their report is.
I have room for some more team members. If anyone knows a lot of the folding client, I can use your help especially. There will be lots of users needing help to get the fullest from their folding clients. I wont be able to help them all. If i can get a small group of novice or expert folders to join me in helping provide support to new folders, it will make a big impact. So far username dudeami has been very helpful with getting new users up and going at the best speeds possible. Thanks dudeami ! Soon ill have a curecoin forum going again and we can start sharing our folding tips there.
If you have any ideas of how you can contribute, or just idea to spit out, plz post or pm me. The amount of support is growing quickly now, and its helping a lot.
If you have a blog, let everyone know about the current creation progress of curecoin, and point people to the current folding pool so we can build the team and hopefully make a dent in all the wu's at stanford.
Side note : We should be hitting the milestone 1200 way quicker than expected. Everyone on this team, THANKS!!!!!!!!!
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Down to details, i want share these details so they can be discussed, argued, etc, until we hopefully reach a consensus. If need be we can add a poll or two to vote on whatever the community proposes.
Basic working of curecoin. 100 coins per block, 45 coins go straight to miners, 45 coins subsidy goes into a foundation folding wallet ( to be drained completely every 24 hours to all the folders ) and 10 coins goes into the Dev wallet.
Here is my current thoughts, this is the 10 coins per block, split into smaller portions to be used as follows. If this is totally unacceptable ill scratch it. There is 20% of the budget left, because i know im forgetting something....
curecoin dev budget rough draft v1.1
10% advertising
10% forum promotions - including universisty forums.
10% For stanford university to improve folding network.
10% Dev future updates on coin source and folding integration system
30% nvidia hardware giveaways
10% website / hosting DDos protection for backbone nodes.
10% promoting services to accept / trade curecoins
10%
? need more ideas <<<<< more nvidia giveaways?? -- forgot to reduce this ten % when i increased Nvidia giveaway portion by 10 % - fixed
Im thinking about shaving 2% off all the item to add to the Nvidia GPU giveaways. Even though ATI now folds well, Nvida users wont get their cards and use them for mining, just one more way to increase the folding project.
As you see its a rounded numbers rough draft. i think comparatively there are other coins with much larger dev budgets.
So far Ive funded this project with my own coins and the donations of others. Not one of those coins was used for anything but paying folders. I still have ~250 freicoins left from a donation months ago for a bounty to hit 1000000 points. this bounty goal was never reached ( will be soon ), but i held the coins even after my site was hacked an i lost contact with most of my folders. Freicoin has been syncing fine forme last time i tried. if someone hits 1M they are yours. its not much, but its a promise to pay for effort.
I would have another site up and going already, the last one had ~decent security upgrades, but i launched the site in a hurry, i have another properly secured forum that has stood tall for a year or so even through a barrage of attacks ( a gaming forum ). Its been months since ive made a post in my gaming forum. Not important compared to launching curecoin. Point is, ill get a site up... just give a little time so this time its secure, ill take my time on it. I might scratch the smf idea completely because it requires constant updates. Im only one man, im not sure if the devs i was talking to are still with me.... but its ok. Ive been making practice coins for months now. I plan on having a gui that isnt ass ugly too, I like doing gui design, i used to spend a bit of time customizing gui's on my own personal programs. The official is going to need to have a lot of work done.
The short term beta is going to be used as a scale to know what kind of difficulty retargets to use, and also get an idea of how fast coins will be produced, to create a proper coin cap that will not approach anytime soon. Im certainly not an economics buff, but i now know enough from watching other coins the basics of how it behaves due to these variables. Any economists feel free to give your 2 cents.
Since there is an immense amount of security required, im keeping in contact with Stanford. Their eyes are on us to make sure nothing goes wrong. Im not sure if he is allowed to directly endorse bitcoin as currency but he has given approval of the curecoin folding team. He informed me they are "preparing" for whats to come. Their IT team should be able to handle security on their end.
Soon you will get a better idea of the work and learning i did to finally emerge with a solution to create curecoin.
Enough of my rambling, please send your input about the payout system and dev budget, feel free to poke holes in my idea.
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The code required to make curecoin work is getting closer to complete. i have been working on the overall design of the system ever since i announced it months ago... learning all i can to make sure curecoin is done right. Sure, i could have done a quick cookie cutter, but ive been in contact with a large number of people getting input from specialists of all kinds.
Once the kinks are worked out of the pool we will lift the registration limit and drop a pile of cryptocurrencies to folders while we wait for the official launch.
Cryptobullions Folding pool is full right now, but his fastcoin pool is open, visit there with some hashes to thank him for the hard work on the curecoin project.
If all goes well we will see official curecoin or the beta (Center for Disease Control) launched in a week.
cloudcoin kinda messed up my 3 letter call for the beta coin....
Thanks to Hydroponica and techbytes for their donations to the project!
Thanks to SistaFista who has agreed to donate a large amount to the folding effort
