PRE [ANN] CureCoin development continues....

[Vorksholk]

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.

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[rumlazy]

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.

[Notanon]

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.

[rumlazy]

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

[Notanon]

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

[Vorksholk]

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!    

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.

[arkanaprotego]

A few more questions:

the coin base is going to be sha 256 POS

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?

[cygnusxi]

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!

[CryptoBullion]

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!

[defaced]

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. 

[CryptoBullion]

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. 

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

[Jdtmp4]

Oooooh, I just found this thread

[gorgorom]

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

[Vorksholk]

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

[CryptoBullion]

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...

[mogrith]

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

[arkanaprotego]

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

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

[Brewins]

any comments on the start time for this coin?

[pabloangello]

any comments on the start time for this coin?

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

[CryptoBullion]

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.