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Author Topic: [ANN]CureCoin - CURECOIN TEAM HAS TAKEN RANK 1 ON FOLDING@HOME!!!  (Read 668208 times)
QuintLeo
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October 07, 2016, 12:42:49 AM
 #3521

Unfortunately, Team Curecoin is going to take a hit for a while - the place I'm moving to turns out *might* not be able to get Internet installed for a month or a bit more, so instead of my adding another rig later this month to kick up to around 5M PPD, I'm probably going to be offline entirely.

 8-(


 <edit> I'm saved, came up with an alternate ISP and should only lose a few days at most.

 8-)

</edit>
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October 08, 2016, 07:42:45 AM
 #3522

I did some calculations. Nickname HMC_ALL _..... ~60 active accounts at this time, 13+ million PPD.
yavuzc78
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October 09, 2016, 04:49:42 PM
 #3523

is this coin have a future? I cant see

paramind22
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October 09, 2016, 05:34:13 PM
 #3524

is this coin have a future? I cant see

I think there may be a problem.  There is a glibness that comes over a coin's support/team where they cease to answer questions from newbies and it seems cease to take an interest in enough pools running it.  There is "good news" coming from some but doubt and questions coming from others.  Technically, maybe there is a taxonomy in the stages of a coins death, which Curecoin can now cure itself of.


bardacuda
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October 09, 2016, 06:12:40 PM
 #3525

is this coin have a future? I cant see
I think there may be a problem.  There is a glibness that comes over a coin's support/team where they cease to answer questions from newbies and it seems cease to take an interest in enough pools running it.  There is "good news" coming from some but doubt and questions coming from others.  Technically, maybe there is a taxonomy in the stages of a coins death, which Curecoin can now cure itself of.

If you need help you might have better luck in a thread geared toward gridseed support such as this one.

I wouldn't expect the lead dev to give you personalized 1-on-1 hardware support on a piece of hardware he probably has no personal experience with, especially when you consider he probably also has a job/school/family/etc.
paramind22
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October 09, 2016, 06:21:15 PM
 #3526

is this coin have a future? I cant see
I think there may be a problem.  There is a glibness that comes over a coin's support/team where they cease to answer questions from newbies and it seems cease to take an interest in enough pools running it.  There is "good news" coming from some but doubt and questions coming from others.  Technically, maybe there is a taxonomy in the stages of a coins death, which Curecoin can now cure itself of.

If you need help you might have better luck in a thread geared toward gridseed support such as this one.

I wouldn't expect the lead dev to give you personalized 1-on-1 hardware support on a piece of hardware he probably has no personal experience with, especially when you consider he probably also has a job/school/family/etc.

I am successfully up mining Bitcoin now solo at ckpool which I started last night, so it's been about 8 hours with pretty much no real problems except one, which may have resolved but I restarted it.  That's much different than running into problems every 20 minutes or so using the same orb.

I'm not trying to be critical but only helpful.  I don't mean by team the upper development, just people who have an interest in the coin succeeding and know enough to answer newbie's questions who also like the idea of the coin.  I think the coin's ideas are excellent, especially the way it has a chrome extension from which you can mine from.  That would be a great topic for a press release


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October 10, 2016, 02:58:12 PM
 #3527

Quote from: paramind22

I think the coin's ideas are excellent, especially the way it has a chrome extension from which you can mine from.  That would be a great topic for a press release


I might be wrong - but are you confusing Curecoin with the Folding@home project?
paramind22
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October 10, 2016, 03:23:36 PM
 #3528

Quote from: paramind22

I think the coin's ideas are excellent, especially the way it has a chrome extension from which you can mine from.  That would be a great topic for a press release


I might be wrong - but are you confusing Curecoin with the Folding@home project?


I am not sure, I saw that on a youtube video....maybe I am.

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October 11, 2016, 07:08:43 AM
 #3529

Given CureCoin is largely based on F@H in certain ways, not hard to get the two confused for the uninitiated.

 9-)
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October 12, 2016, 08:20:48 AM
 #3530



It also appears that curecoin's morale is higher than anticipated, I was expecting the price to dump much harder given all the new folders coming in..

Most folders are smart. They anticipate that with the future release of CC2.0 which is probably going to be the most secure crypto + the SigmaX bonus, the value of Curecoin might skyrocket, so they keep it.



I know this might not be a speculation spread. And I'm not trying to create FUD. But it appears that I was correct. The new folders want to sell, and there isn't the demand to support them.

The only thing that can raise this price is the CC2 release by the team, or a kamikaze whale (which will only repeat as a vicious cycle until the CC2 release), or some ridiculous slew of merchant acceptance.
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October 12, 2016, 08:51:51 PM
 #3531

Stats system update includes a new feature: monthly leaderboards: - http://folding.stanford.edu/home/blog

Team/donor/OS (montly) statistics: - http://folding.stanford.edu/stats/
FifthGhostbuster
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October 13, 2016, 06:25:39 PM
 #3532

I still prefer http://folding.extremeoverclocking.com/team_summary.php?s=&t=224497

But cool nonetheless

Go CureCoin!
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October 14, 2016, 05:00:38 PM
 #3533


Some donors prefer these statistics: http://www.kakaostats.net/members?team=224497

Updates at intervals of one hour.
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October 14, 2016, 10:15:54 PM
 #3534

I would like to announce 2 new core team members!

Jason from Capsule Corp Microtech is joining currently as our Spanish Ambassador, yet he is bringing more to the then translation skills. Jason is highly motivated and has been folding with team curecoin in the past.
Here is some of the work he has done so far

New translation of remake of the getting started video guide
https://plus.google.com/114434888246102640571/posts/A17PPMueGtY

More translation work
http://www.capsulecorpmicrotech.com/criptodivisas/curecoin/

Last but not least Dr. T. Gottleber aka "Mad Dr G". He is currently teaching computer science and has been folding with team curecoin for some time now.
He has already included a book that covers curecoin in his class requirements with plans to do to more. He has been extremely helpful even before becoming a member of the core team.

Since there is some speculation going on in the recent posts lets have fun with some speculation. I not sure if the crypto community to follow events like this one, so here it is
http://www.forbes.com/sites/alexkonrad/2015/11/18/andreessen-horowitz-launches-biotech-software-fund/

Dr Vijay Pande (founder of leader of folding@home) is keeping busy. Now Andreessen Horowitz is pretty keen on bitcoin and a general interest in all cool digital items (like f@h). The recent price spike that left people baffled... seems like it spiked oddly a few times recently. Since its still profitable even though the price is not holding the peak of what it just hit, team curecoin is growing very fast! At this pace we will break our own world record we hold on the folding@home network. So .. speculation.. once the spike in folders starts to slow down or even out - another price spike from interested parties could happen, making sure to keep the folders (miners) happy and in the green. Again just some fun with speculation. It could be any number of entities that created the price spike.

Well thats your update to read over the weekend. So jump in and fold for coins while they are hot! We are currently at 80% of what is needed to break the old world record.  

edit- as noted in above posts there a lot of guides for using SHA asics, most pools provide some basic instruction and you can also just follow any guide written for sha mining of bitcoin as the process is identical. For most of these asics instruction sets are usually specif to your hardware type.

Fold Proteins, earn cryptos! CureCoin. https://bitcointalk.org/index.php?topic=603757 MergeFold with FoldingCoin https://bitcointalk.org/index.php?topic=781352.0
kopija
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October 16, 2016, 12:05:55 PM
 #3535


Dr Vijay Pande (founder of leader of folding@home) is keeping busy. Now Andreessen Horowitz is pretty keen on bitcoin and a general interest in all cool digital items (like f@h). The recent price spike that left people baffled... seems like it spiked oddly a few times recently. Since its still profitable even though the price is not holding the peak of what it just hit, team curecoin is growing very fast! At this pace we will break our own world record we hold on the folding@home network. So .. speculation.. once the spike in folders starts to slow down or even out - another price spike from interested parties could happen, making sure to keep the folders (miners) happy and in the green. Again just some fun with speculation. It could be any number of entities that created the price spike.

So you guys definitely do not know what created September price hike?
I myself have no idea how is the monetization of Curecoin possible in the first place. I thought that the value of Curecoin comes from people who buy Curecoin for $$$ and then donate them to Curecoin project.
Is that correct?
I understand why Bitcoin for example can be monetized: people buy Bitcoin for $$$ and use them to buy stuff on Darknet or pay cryptoware ransoms. And there are chinese billionares who need to move their billions out of the country so they buy Bitcoins in China and exchange them for dollars out of China. So suddenly bits of ones and zeros called Bitcoins have monetary value.
I understand that altcoins like Ethereum/Libry/Monero have some specific features that make people buy them instead Bitcoin.
But who buys Cure for $$$? Who wants Cure? How is it possible it can be exchanged for Bitcoins and then those Bitcoins exchanged for $$$?
Can somebody elaborate because it boggles my mind.

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huffnpuff
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October 17, 2016, 12:42:12 AM
 #3536

So you guys definitely do not know what created September price hike?

We have some thoughts, but nothing is definite. As far as anyone knows, it could be the US government using confiscated bitcoins to help boost participation in DCN research they seed through the NIH and NSF. Pande Lab and Folding@home receive NIH and NSF funding, while BOINC no longer does, but many of its underlying projects do. If you’ve notice, all three science coins (CURE, FLDC and GRC) got a significant boost, so whomever it is, they are NOT playing favorites.

I'm sure every coin has approached people like Mark Cuban and other members of the Shark Tank ... could be one of them. Cuban doesn't believe in bitcoin, but appreciates "the blockchain".

Ummm ... Paul Allen?

It's anyone's guess really :-)

I myself have no idea how is the monetization of Curecoin possible in the first place. I thought that the value of Curecoin comes from people who buy Curecoin for $$$ and then donate them to Curecoin project.
Is that correct?

I would start by trying Stanford’s Folding@home software for yourself to see how the Work Units are processed on your own computer, and sent back to Stanford for evaluation. http://folding.stanford.edu/

You’re not alone in the assumption CureCoin is a donation based system. The answer is simply "NO"!

76% of the the value of curecoin is derived from our team member’s actually participating in Folding@home and letting their PCs and Macs contribute computing cycles to the underlying medical research. The more people participate in CureCoin, the more computational cycles each curecoin represents (and the value theoretically goes higher).

Here’s how the coins are divided: https://www.curecoin.net/knowledge-base/14-knowledge-base/about-curecoin/16-how-is-the-currency-divided-up

If you want to see where Protein Folding research comes into the FDA drug approval process (the one recognized in practically every country on earth), read this CureCoin article: https://www.curecoin.net/2-uncategorised/84-curecoin-two-year-ann-focus-on-science

We do collect donations for up to five different charities, as well as funds that help the CureCoin core developers maintain the folding pool, websites and social media presence.

In the near future, we will actually allow donors to contribute directly to cloud folding - more on that in an upcoming announcement.

I understand why Bitcoin for example can be monetized: people buy Bitcoin for $$$ and use them to buy stuff on Darknet or pay cryptoware ransoms. And there are chinese billionaires who need to move their billions out of the country so they buy Bitcoins in China and exchange them for dollars out of China. So suddenly bits of ones and zeros called Bitcoins have monetary value.

There are dark aspects to any new commodity/property - some physical commodities like gold, silver and diamonds share the same dark moral undertones. Now China is hoarding rare-earth minerals in order to stay competitive.

The bits of 1s and 0s that are part of any cryptocurrency (generated by the HashCash mining algorithm for bitcoin) are not easily produced. Neither are the Work Units produced by protein folders. That’s why we attempt to equate the 1s and 0s to medical research rather than purely “securing the network” via SHA-256 (HashCash) mining alone. Just like bitcoin or Ethereum, Curecoin includes a “controlled supply”. Which means the there are block reward halving periods every 4 years to account for Moore’s law.

As to what you can buy outside of peer-to-peer transactions with CURE (where you actually have consumer protections)? There are altcoin markets being created on systems like www.Coinpayments.net (which allow any business to register to accept CureCoins). There’s a modest but growing market there.

I understand that altcoins like Ethereum/Libry/Monero have some specific features that make people buy them instead Bitcoin.

But who buys Cure for $$$? Who wants Cure? How is it possible it can be exchanged for Bitcoins and then those Bitcoins exchanged for $$$?

CureCoin’s value proposition comes from the underlying computational biology research and the ability of the currency to maintain security. Right now CureCoin produces about 10-12% of all computations on the Folding@home network. This equates to about 10 petaFLOPS of medical computation research. If you convert that into running those protein simulations on a supercomputer, it equates to multi-millions of dollars per year of computing power: https://www.linkedin.com/pulse/what-top-producing-foldinghome-teams-like-curecoin-used-ivan-tuma

About 19% of all CureCoin includes coins produced by the HashCash Proof-of-Work mining algorithm (like bitcoin) in order to help secure our network (although similar to PeerCoin, we also have very broad Proof-of-Stake participation to secure the network - the CureCoin QT-wallet holders earn something akin to “interest” based on how many coins they hold).

As to who buys or who wants CureCoin? People who believe in a better world. They believe the coin will develop greater value in the future as the accelerated research leads to more efficacy in drug compounds, personalized medicines, custom enzymes and nanotechnology.

Incidentally the results from FAH are publically available (open source), so we are not helping any one particular big-pharma entity, or anything like that. Everyone has equal access.


Can somebody elaborate because it boggles my mind.

Hopefully that helps answer some of your questions. I would start with reading through the CureCoin knowledgebase to get a fuller understanding about the Coin design: https://www.curecoin.net/knowledge-base

kopija
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October 17, 2016, 06:53:49 AM
 #3537

So you guys definitely do not know what created September price hike?

We have some thoughts, but nothing is definite. As far as anyone knows, it could be the US government using confiscated bitcoins to help boost participation in DCN research they seed through the NIH and NSF. Pande Lab and Folding@home receive NIH and NSF funding, while BOINC no longer does, but many of its underlying projects do. If you’ve notice, all three science coins (CURE, FLDC and GRC) got a significant boost, so whomever it is, they are NOT playing favorites.

I'm sure every coin has approached people like Mark Cuban and other members of the Shark Tank ... could be one of them. Cuban doesn't believe in bitcoin, but appreciates "the blockchain".

Ummm ... Paul Allen?

It's anyone's guess really :-)



Thanks for thorough reply.
Quite interesting that all three coins surged in same time-frame.
That makes theories about "pump and dump" worthless.
BTW, I am folding away, for almost ten years now.
I will try to convince GPU miners on local forum to switch to Cure.
What happened to http://1.curecoinmirror.com/calculatordemo.html?
It would help a lot in convincing them.

we are nothing but a smart contracts on a cosmic blockchain
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October 17, 2016, 05:19:42 PM
 #3538

BTW, I am folding away, for almost ten years now.
I will try to convince GPU miners on local forum to switch to Cure.
What happened to http://1.curecoinmirror.com/calculatordemo.html?
It would help a lot in convincing them.

Great to have you on board folding for CURE. We always welcome experienced folders in our forum to help newbs.
There's no better way to re-purpose unprofitable GPU mining equipment than to put it to work folding proteins - and with merged folding (you get CURE plus Counterparty Tokens (FLDC,Scotcoin,MagicFLDC,PepeCash)), so your recommendation to GPU miners is golden. Combined this actually makes folding profitable on newer GPU hardware.

Yes - the profitability calculator disappeared after a server migration (along with its source  Angry ). We have to ask you to refer to the manual instructions until Vorksholk or I can get it re-written:

https://www.curecoin.net/knowledge-base/14-knowledge-base/about-curecoin/16-how-is-the-currency-divided-up/#ProfitabilityCalculator

or to get a rough idea of the cost per coin based an 12 different hardware profiles:

http : // tinyurl . com / curecoin-costs-of-folding-2016
QuintLeo
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October 18, 2016, 03:52:37 AM
 #3539



It also appears that curecoin's morale is higher than anticipated, I was expecting the price to dump much harder given all the new folders coming in..

Most folders are smart. They anticipate that with the future release of CC2.0 which is probably going to be the most secure crypto + the SigmaX bonus, the value of Curecoin might skyrocket, so they keep it.



I know this might not be a speculation spread. And I'm not trying to create FUD. But it appears that I was correct. The new folders want to sell, and there isn't the demand to support them.

The only thing that can raise this price is the CC2 release by the team, or a kamikaze whale (which will only repeat as a vicious cycle until the CC2 release), or some ridiculous slew of merchant acceptance.

 Someone needs to talk Bill Gates into having his foundation buy a $milllion or more CureCoin a month.
 They could possibly write it off as a tax-deductable contrabution to folding research - I'm SURE he's got some good lawyers to make the argument stand up.

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October 18, 2016, 05:56:53 AM
 #3540

BTW, I am folding away, for almost ten years now.
I will try to convince GPU miners on local forum to switch to Cure.
What happened to http://1.curecoinmirror.com/calculatordemo.html?
It would help a lot in convincing them.

Great to have you on board folding for CURE. We always welcome experienced folders in our forum to help newbs.
There's no better way to re-purpose unprofitable GPU mining equipment than to put it to work folding proteins - and with merged folding (you get CURE plus Counterparty Tokens (FLDC,Scotcoin,MagicFLDC,PepeCash)), so your recommendation to GPU miners is golden. Combined this actually makes folding profitable on newer GPU hardware.

Yes - the profitability calculator disappeared after a server migration (along with its source  Angry ). We have to ask you to refer to the manual instructions until Vorksholk or I can get it re-written:

https://www.curecoin.net/knowledge-base/14-knowledge-base/about-curecoin/16-how-is-the-currency-divided-up/#ProfitabilityCalculator

or to get a rough idea of the cost per coin based an 12 different hardware profiles:

http : // tinyurl . com / curecoin-costs-of-folding-2016

I have a copy of the Curecoin 2.0 Whitepaper in a PDF by Vorksholk which was on Coinmirror earlier, in case that was lost too.  I was wondering why link was no longer good.  Now it's clear.
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