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Author Topic: PRE [ANN] CureCoin development continues....  (Read 94545 times)
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November 12, 2013, 11:35:51 PM
 #81

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

I'm not 100% sure to be ready on launch time + timelag with US  Wink
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cygnusxi
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November 13, 2013, 12:01:30 AM
 #82

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

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

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.

Fold Proteins, earn cryptos! CureCoin. https://bitcointalk.org/index.php?topic=603757 MergeFold with FoldingCoin https://bitcointalk.org/index.php?topic=781352.0
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November 13, 2013, 12:12:44 AM
 #83

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

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

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

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November 13, 2013, 12:25:54 AM
 #84

As a long time F@H user, I am super interested in this!
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November 13, 2013, 12:27:11 AM
 #85


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.

sure I know

I was requesting url, to register an account, setup a worker and point my minepeon at it... to be ready for launch

I don't have proper hardware to fold, I have a block erupter left that I don't have sold, I want to use it, and I will have a jalapeno 7GHS in few days.

my nvidia 8800 gts v2 is outdated, dont think it's worth to let a computer running full day wasting 400 watts for this card  Wink

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November 13, 2013, 12:31:18 AM
 #86

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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November 13, 2013, 01:23:20 AM
 #87

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?

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November 13, 2013, 01:36:49 AM
 #88

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?

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November 13, 2013, 01:51:35 AM
 #89

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.


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November 13, 2013, 02:13:54 AM
 #90

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

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November 13, 2013, 02:40:24 AM
 #91

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. 











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November 13, 2013, 03:07:04 AM
 #92

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

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November 13, 2013, 03:12:47 AM
 #93

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

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.   

 

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November 13, 2013, 03:34:54 AM
 #94

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.



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 !

 


Fold Proteins, earn cryptos! CureCoin. https://bitcointalk.org/index.php?topic=603757 MergeFold with FoldingCoin https://bitcointalk.org/index.php?topic=781352.0
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November 13, 2013, 04:01:49 AM
 #95

Quote
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.

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.

Fold Proteins, earn cryptos! CureCoin. https://bitcointalk.org/index.php?topic=603757 MergeFold with FoldingCoin https://bitcointalk.org/index.php?topic=781352.0
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November 13, 2013, 08:24:37 AM
 #96

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.


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November 13, 2013, 09:31:16 AM
 #97

Make money is what is new

Folding@home was already there, and it's a long time that I read some scientist trying to find a solution to have same sucess has bitcoin whith gathering computing power

Maybe this coin would do it (not as much, because there is no folding ASIC, but more than a free project with no financial incentive Wink
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November 13, 2013, 10:45:54 AM
 #98

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.
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November 13, 2013, 01:30:27 PM
 #99

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

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November 13, 2013, 01:36:28 PM
 #100

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

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 Wink

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