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Author Topic: [ANN]CureCoin - CURECOIN TEAM HAS TAKEN RANK 1 ON FOLDING@HOME!!!  (Read 668239 times)
assistresearch
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February 18, 2017, 02:36:53 AM
 #3901

... I dont think Ive ever heard of anyone else buying asics just for curecoin...
And shit like this is why; 20% of 20% was bad enough to begin with.

one prevailing criticism of CureCoin -for years- has been its efficiency marred by the 20% SHA-256 miner reward...
so much in fact (cygnusxi indicated in slack) this has been a deal breaker with some recently interested power-player/adopters!

I believe this is the CC devs' attempt to ...

   * make CureCoin 99% efficient - where ~all of the computational power goes to research.
   * satisfy legacy CureCoin SHA miners - giving them something equally interesting (SigmaX) in terms of:
       - decentralization
       - quantum resistance
       - mini-blockchain with fast transaction times
       - most importantly; the same interesting security & consensus hooks for future functionality included in both chains

this should ultimately benefit you as a SHA miner through diversification - if it does not, you are likely in a small minority...
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lethax
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February 18, 2017, 03:24:50 AM
 #3902

I like the idea of more towards research. Possibly a small POS reward instead of POW. It'd give incentive to hold on to the coin.

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ComputerGenie
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February 18, 2017, 11:34:35 AM
 #3903

...

20% of 20% - that "20%" is wallets and miners (average non-wallet miner network difficulty is ~ 1million per/TH)

...consensus...
When the change is put into the wallet and the wallet change is mandatory, "consensus" is a meaningless claim.


If you have to ask why, you wouldn`t understand my answer.
ComputerGenie
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February 18, 2017, 11:39:20 AM
 #3904

I like the idea of more towards research. Possibly a small POS reward instead of POW. It'd give incentive to hold on to the coin.
The markets love it that way, because the best "value" comes from trading it off every 60-90 days (since spending isn't an option).

If you have to ask why, you wouldn`t understand my answer.
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February 18, 2017, 02:04:20 PM
 #3905

Don't get me wrong, I do realize that there is a reason that CureCoin was/is intended to be ASIC unfriendly. And I mostly agree with that reasoning. I'm just tired of finding coins I can get behind and then it all twists around. This all just seems very reminiscent of what happened to anyone that had a vested interest in NEOS last year (no one has a value > 1/3 of what they had before it went POS).

I'm all for pushing towards folding (and do have substantial investments to that end, both current and future), but I've yet to see a POS coin that has a real value. Personally, I think it'd be better for the coin, and the community, if efforts were made to make it spendable (rather than making the ideal situation one where the "best" outcome is retrading x amount of coins to keep them "less than 90 days old").

From a broad perspective (and anyone feel free to correct me, if I'm wrong), a "winning" plan for full POS is:

  • keep coins in wallet for 30 days
  • after 30 days, keep wallet open
  • get "fees" for "lucky" coins
  • after 90 days, dump "unlucky" coins on the market and repurchase (making them "new" again
  • wait another 30 days for prior "lucky" coins and "new" coins to be usable
  • start over

This is a great plan for those at the top, who already have enough coins to revolve daily.
This is a horrible plan for those at the bottom (or getting started), who don't have, or can't afford, enough coins to revolve daily.

Full POS is bad, because it's centralized and only rewards the "rich" for being "rich". <- and that's coming from a guy that has a few million CURE

If you have to ask why, you wouldn`t understand my answer.
yavuzc78
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February 18, 2017, 02:20:34 PM
 #3906

Don't get me wrong, I do realize that there is a reason that CureCoin was/is intended to be ASIC unfriendly. And I mostly agree with that reasoning. I'm just tired of finding coins I can get behind and then it all twists around. This all just seems very reminiscent of what happened to anyone that had a vested interest in NEOS last year (no one has a value > 1/3 of what they had before it went POS).

I'm all for pushing towards folding (and do have substantial investments to that end, both current and future), but I've yet to see a POS coin that has a real value. Personally, I think it'd be better for the coin, and the community, if efforts were made to make it spendable (rather than making the ideal situation one where the "best" outcome is retrading x amount of coins to keep them "less than 90 days old").

From a broad perspective (and anyone feel free to correct me, if I'm wrong), a "winning" plan for full POS is:

  • keep coins in wallet for 30 days
  • after 30 days, keep wallet open
  • get "fees" for "lucky" coins
  • after 90 days, dump "unlucky" coins on the market and repurchase (making them "new" again
  • wait another 30 days for prior "lucky" coins and "new" coins to be usable
  • start over

This is a great plan for those at the top, who already have enough coins to revolve daily.
This is a horrible plan for those at the bottom (or getting started), who don't have, or can't afford, enough coins to revolve daily.

Full POS is bad, because it's centralized and only rewards the "rich" for being "rich". <- and that's coming from a guy that has a few million CURE
But it is bad for Cure you can only get %1 cure coin so if you have 100000 Cure you can get 1000 coin 1 year isnt it?

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February 18, 2017, 02:29:12 PM
 #3907

But it is bad for Cure you can only get %1 cure coin so if you have 100000 Cure you can get 1000 coin 1 year isnt it?
Based on that idea, "if you have 1000 Cure you can get 10 coin 1 year". Given that a block bonus is 13, it means that you actually get nothing...

That's not to mention the fact that the devs can't get a basic calculator working correctly (https://curecoin.info/merged-folding-profit-calculator/ doesn't work [or at best doesn't update "difficulty" into reality]) ....

If you have to ask why, you wouldn`t understand my answer.
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February 19, 2017, 07:29:21 AM
 #3908



That's not to mention the fact that the devs can't get a basic calculator working correctly (https://curecoin.info/merged-folding-profit-calculator/ doesn't work [or at best doesn't update "difficulty" into reality]) ....

That needs to be fixed!
I have a bunch of people on local forum ready to switch from ZEC/ETH. I just need a reliable calculator to convince them.

we are nothing but a smart contracts on a cosmic blockchain
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February 19, 2017, 10:20:06 PM
 #3909




That's not to mention the fact that the devs can't get a basic calculator working correctly (https://curecoin.info/merged-folding-profit-calculator/ doesn't work [or at best doesn't update "difficulty" into reality]) ....

That needs to be fixed!
I have a bunch of people on local forum ready to switch from ZEC/ETH. I just need a reliable calculator to convince them.

Curecoin is not more profitable than ZEC.
Even worse when you have AMD gpus.

https://whattomine.com/coins/76-cure-sha-256

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ComputerGenie
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February 19, 2017, 11:15:38 PM
 #3910

Curecoin is not more profitable than ZEC.
Even worse when you have AMD gpus....
That site looks at sha mining, not folding.

If you have to ask why, you wouldn`t understand my answer.
ryohazuki89
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February 21, 2017, 01:48:48 AM
 #3911

A sick excerpt from a PDF that I found (I think you have to pay for the full copy https://www.researchgate.net/publication/233770794_The_Protein-Folding_Problem_50_Years_On
), you guys should tweet or something:

The Protein-Folding Problem, 50 Years On -  23 Nov 2012:
Quote
Is the protein-folding problem “solved” yet (69)? We believe it is no longer useful to frame the question this way. Protein folding is now a whole field of research—a large, growing, and diverse enterprise. A field of science—such as physics, chemistry, or biology—is bigger than any individual research question. A field is self-perpetuating; a few old puzzles generate more new puzzles. For the field of protein physical science, the future is at least as compelling as the past. Here are some of the unsolved problems: We have little experimental knowledge of protein-folding energy landscapes. We cannot consistently predict the structures of proteins to high accuracy. We do not have a quantitative microscopic understanding of the folding routes or transition states for arbitrary amino acid sequences. We cannot predict a protein’s propensity to aggregate, which is important for aging and folding diseases. We do not have algorithms that accurately give the binding affinities of drugs and small molecules to proteins. We do not understand why a cellular proteome does not precipitate, because of the high density inside a cell. We know little about how folding diseases happen, or how to intervene. Fifty years ago, the protein-folding problem was born as a grand challenge of basic science. Since then, our understanding has advanced considerably. And, outgrowths of protein folding include the commercial development of new computers, such as IBM’s Blue Gene; new modes of citizen science, including Folding@Home and Foldit; the development of communal scientific competitions, such as CASP; a database of now more than 80,000 protein structures; the Moore’sLaw advancement in biomolecular simulation forcefields; new areas of materials science based on foldable polymers; and a foundation for understanding whole new classes of diseases—such as Alzheimer’s, Parkinson’s, and type II diabetes, called folding diseases—that were not even known when the protein-folding problem was first identified. In times when there are pressures on science budgets for immediate payoffs, it is worth repeating the well-worn point that untargeted basic science often pays off in unexpected ways.
cygnusxi
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February 22, 2017, 12:45:06 AM
 #3912

Thank you for your attention.
I understand that it is difficult to alter unomp under curecoin.
Tell me please, are there any other platforms that no improvements will be compatible with curecoin?
For Example CoiniumServ?

rather than altering your current setup, try a google search for "POW/POS hybrid mining pool github" the first couple matches look like they may be helpful. I have not purchased an asic since 2014 though so other than pointing out those tools my other advice would be to try searching peercoin forums, or maybe look for Techbytes or ahmed_ in IRC channels. They can usually be found in digitalcoin irc and myriad coin to name a couple if they are not in curecoin irc. Currently the curecoin team mostly uses the foldingcoin slack since they had a good platform already there and we are now working with the foldingcoin team as much as possible as both coins are pushing the same agenda while offering a different platform for the token itself. If you are solo mining you might**( especially if your wallet and miner are on the same LAN) get better efficiency mining straight to your wallet without stratum. Hopefully that helps.

Fold Proteins, earn cryptos! CureCoin. https://bitcointalk.org/index.php?topic=603757 MergeFold with FoldingCoin https://bitcointalk.org/index.php?topic=781352.0
cryptohunter
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February 22, 2017, 02:10:42 AM
 #3913

...
Not all of that number is ASICs. But much of the appeal to cc was the ability to be on all sides. Like I said, at least now I know in advance the best thing to do is just mine/fold and dump.

We are still planning to launch SigmaX which will share a common codebase with cc2.0 and provide pure-PoW functionality. It won't be SHA256D for ASICs, but it will still support "traditional" mining and the accompanying security model.

That's the one. I had been trying to remember what it was called.

Any ETA?

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ComputerGenie
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February 22, 2017, 04:24:26 AM
 #3914

.... If you are solo mining you might**( especially if your wallet and miner are on the same LAN) get better efficiency mining straight to your wallet without stratum...
That pretty well doesn't work (especially with "newer" Antminers) because of the "atypical" GBT issue.

If you have to ask why, you wouldn`t understand my answer.
cryptonit
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February 23, 2017, 09:19:14 PM
 #3915

Full POS is bad, because it's centralized and only rewards the "rich" for being "rich". <- and that's coming from a guy that has a few million CURE

afaik only 6-8 million cure are in fact in circulation
to state u have a few million cure
make me revalue the content written by u

if something smells like bs and it looks like bs then most likely it is bs

absolute nothing is wrong with POS instead investing into mining gear u invest in coins
and in opposite to mining gear the coins dont degrade in earning power and have zero (or lets say a few watt for a 24/7 minting node) electrical power cost

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February 24, 2017, 04:06:39 AM
 #3916

Full POS is bad, because it's centralized and only rewards the "rich" for being "rich". <- and that's coming from a guy that has a few million CURE

afaik only 6-8 million cure are in fact in circulation
to state u have a few million cure
make me revalue the content written by u

if something smells like bs and it looks like bs then most likely it is bs

absolute nothing is wrong with POS instead investing into mining gear u invest in coins
and in opposite to mining gear the coins dont degrade in earning power and have zero (or lets say a few watt for a 24/7 minting node) electrical power cost

Your forgetting the basis for Curecoin, folding protein.

In order to fold protein, you need computer hardware.

There has to be POW. Without people folding protein, there would be no Curecoin.

Get 3% Cashback from Newegg. Use my link for an extra $10 on your 1st purchase. https://www.ebates.com/r/IDAVID40
ComputerGenie
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February 24, 2017, 10:37:41 AM
 #3917

afaik only 6-8 million cure are in fact in circulation
to state u have a few million cure
make me revalue the content written by u

if something smells like bs and it looks like bs then most likely it is bs
There's over 15.3 million in the top 6 wallets alone:
1   BSdpkCmw...   3,742,113.000
2   B94cxTxu...   2,322,629.000
3   B6UzKzMn...   2,322,628.000
4   BTLLZVK7...   2,322,628.000
5   BKf3prKE...   2,322,628.000
6   B4dbDb5Q...   2,322,628.000
Not sure where you imagined "only 6-8 million" from.
So, it's possible that what you're smelling is yourself....

If you have to ask why, you wouldn`t understand my answer.
ComputerGenie
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February 24, 2017, 10:44:36 AM
 #3918


Your forgetting the basis for Curecoin, folding protein.

In order to fold protein, you need computer hardware.

There has to be POW. Without people folding protein, there would be no Curecoin.

Folding and network POW/POS are separate things.
In the simplest form, existing coins become payment for folding and the "POW" and "POS" that we've been referring to has to do with the creation of new coins.

If you have to ask why, you wouldn`t understand my answer.
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February 24, 2017, 12:19:16 PM
 #3919

afaik only 6-8 million cure are in fact in circulation
to state u have a few million cure
make me revalue the content written by u

if something smells like bs and it looks like bs then most likely it is bs
There's over 15.3 million in the top 6 wallets alone:
1   BSdpkCmw...   3,742,113.000
2   B94cxTxu...   2,322,629.000
3   B6UzKzMn...   2,322,628.000
4   BTLLZVK7...   2,322,628.000
5   BKf3prKE...   2,322,628.000
6   B4dbDb5Q...   2,322,628.000
Not sure where you imagined "only 6-8 million" from.
So, it's possible that what you're smelling is yourself....

I think most of those top wallets contain the Curecoin 1.0 premine from which we get payed now for folding/mining/minting and which will be burned once we switch to Cure 2.0

If Curecoin exists for about 1000 days and about 7500 Cure are distributed every day, 7.5 million is a rough approximation of what is in circulation.
ComputerGenie
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February 24, 2017, 01:19:19 PM
 #3920

...

I think most of those top wallets contain the Curecoin 1.0 premine from which we get payed now for folding/mining/minting and which will be burned once we switch to Cure 2.0

If Curecoin exists for about 1000 days and about 7500 Cure are distributed every day, 7.5 million is a rough approximation of what is in circulation.
What is daily distributed has nothing to do with anything; at any given moment, there are roughly 3 million held on the 2 biggest markets.
While my estimate of my total worth (which was actually 2.4M at the time and not a "few" [I was estimating 3M+]) was off, if your estimate is valid, then it just further proves my point of it being a dump coin when 40% of the available coins are on the market and another 40-50% are too "new" (untouched for 30+ days) to be used for POS.

If you have to ask why, you wouldn`t understand my answer.
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