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Author Topic: [ANN]CureCoin - CURECOIN TEAM HAS TAKEN RANK 1 ON FOLDING@HOME!!!  (Read 668210 times)
QuintLeo
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May 30, 2017, 11:38:23 AM
 #4141

 More figures for your grist mill - I earned 157 Curecoin yesterday which would equate out to *ABOUT* 5300 FLDC.

 Some folks that do FLDC aren't on Team Curecoin, but some Team Curecoin folks don't do FLDC which makes is a bit more complicated than the basic 7470 coins vs 250k coins per day multiplier.
 This works out to about $68 at RIGHT NOW prices for both on Bittrex on 11 x 1070 and a 1080 (my current loadout for my Folding rigs).

 Those same cards would have made about $72 working DGB-Skein or DGB-Groestl, or would have been about $60 working ETH or ZEC (profitability on those on a 1070 is pretty much dead even right now).

 Had I sold earlier in the day, I think FLDC was high enough to get that total to almost $80 - but I don't HAVE that FLDC for a few more days, no telling where the price will be by the time I DO have the coin available for sale.

 (edit - FLDC did a very rare "right after distribution" spike, so I actually made MORE for once).

 If you can afford to hold Curecoin and Foldingcoin for the spikes, you can probably make MORE on high-end NVidia cards via dual-payment folding then via cryptocoin mining right now - but it's somewhat riskier given FLDC only pays out once a month, and the price usually dumps right before or right at the start of the payout.

 Worst case, though, if the current price ranges hold and another 100M PPD don't join the team, it should be close - and it's close enough I can AFFORD to fold for the time being. 8-)


 BTW - for some of us it's not "Triple Payout", it's Quadruple - "bragging rights" are in there somewhere. 9-)








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ComputerGenie
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May 30, 2017, 12:10:37 PM
 #4142

... This works out to about $68 at RIGHT NOW prices for both on Bittrex on 11 x 1070 and a 1080 (my current loadout for my Folding rigs).

 Those same cards would have made about $72 working DGB-Skein or DGB-Groestl, or would have been about $60 working ETH or ZEC (profitability on those on a 1070 is pretty much dead even right now).

 Had I sold earlier in the day, I think FLDC was high enough to get that total to almost $80... BTW - for some of us it's not "Triple Payout", it's Quadruple - "bragging rights" are in there somewhere. 9-)
With the right profit-switching set up on my solo pool (and 3 1080s), I could average ~$70 p/week more by mining instead of folding*. It's more coding than most are willing to endure, or capable of doing, but it's done and is still an option. I'm sure it doesn't seem like it to most people that I'd think this way, but, imo, the altruistic and scientific benefits balance the equation at any difference under 25%.





*using numbers from before the 1080 Ti was released - mining would be even higher now, but I don't have the actual numbers since I no longer GPU mine

If you have to ask why, you wouldn`t understand my answer.
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May 30, 2017, 10:08:19 PM
 #4143

BTW - for some of us it's not "Triple Payout", it's Quadruple - "bragging rights" are in there somewhere. 9-)

Sure, CureCoin is THE Braggingcoin Cheesy

BTW - for some of us (those who hold their CURE) it's not "Quadruple Payout" it's Quintuple as the future SigmaX coin will be distributed as a reward for holding CURE (if I remember well).
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June 02, 2017, 08:46:43 PM
 #4144

BTW - for some of us it's not "Triple Payout", it's Quadruple - "bragging rights" are in there somewhere. 9-)

Sure, CureCoin is THE Braggingcoin Cheesy

BTW - for some of us (those who hold their CURE) it's not "Quadruple Payout" it's Quintuple as the future SigmaX coin will be distributed as a reward for holding CURE (if I remember well).

From what I understand, the "future SigmaX coin" (aka Curecoin 2.0) is similar to the current PoS system that is in place now with 1.X (one that Genie is upset about because it was taken out of the SHA allocation).

Curecoin - Operations Team
ComputerGenie
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June 02, 2017, 09:18:56 PM
 #4145

...one that Genie is upset about because it was taken out of the SHA allocation
I'm not "upset" about any such thing. If I were to use the word upset, I'd say that I find it upsetting that the OP is fallacious in the depiction of the "participation" role that ASICs can play in CureCoin.
Most specifically if there hasn't been any block in 40 minutes and the next block is PoS, and PoS difficulty is cut in half, it will still increase the PoW difficulty (which is only lowered by a long PoW block average time, not overall average block time of the network).

If you have to ask why, you wouldn`t understand my answer.
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June 02, 2017, 09:32:51 PM
 #4146

...one that Genie is upset about because it was taken out of the SHA allocation
I'm not "upset" about any such thing. If I were to use the word upset, I'd say that I find it upsetting that the OP is fallacious in the depiction of the "participation" role that ASICs can play in CureCoin.
Most specifically if there hasn't been any block in 40 minutes and the next block is PoS, and PoS difficulty is cut in half, it will still increase the PoW difficulty (which is only lowered by a long PoW block average time, not overall average block time of the network).



IMO, I agree with you, and it shouldn't work that way. But, given that the project has been around for a while, it is highly unlikely there will be any significant changes to address underlying characteristics like this until the launch of 2.0. Given that the point of the project is to increase the contributions to Folding@Home, I think the current system is designed well to support rewarding Folding@Home contributors and currency holders. Less emphasis on rewarding contributors would mean lower rates of contribution. Less emphasis on rewarding PoS would mean a lower currency valuation. Beyond a certain threshold, there would be no additional value to the project as a whole in support greater rewards for miners/ASICs.

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ComputerGenie
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June 02, 2017, 10:00:16 PM
 #4147

...I think the current system is designed well to support rewarding Folding@Home contributors...
Agreed, CureCoin is literally the difference between me folding and mining some random dumpcoin.

If you have to ask why, you wouldn`t understand my answer.
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June 02, 2017, 10:02:45 PM
 #4148

BTW - for some of us it's not "Triple Payout", it's Quadruple - "bragging rights" are in there somewhere. 9-)

Sure, CureCoin is THE Braggingcoin Cheesy

BTW - for some of us (those who hold their CURE) it's not "Quadruple Payout" it's Quintuple as the future SigmaX coin will be distributed as a reward for holding CURE (if I remember well).

From what I understand, the "future SigmaX coin" (aka Curecoin 2.0) is similar to the current PoS system that is in place now with 1.X (one that Genie is upset about because it was taken out of the SHA allocation).

Actually, unless things have changed, there were supposed to be 2 different coins: CC2.0 which would replace CC1.0 and remove SHA256D PoW and SigmaX which would keep the PoW.
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June 02, 2017, 10:20:38 PM
 #4149

...I think the current system is designed well to support rewarding Folding@Home contributors...
Agreed, CureCoin is literally the difference between me folding and mining some random dumpcoin.

Thank you for your contribution.  Smiley

BTW - for some of us it's not "Triple Payout", it's Quadruple - "bragging rights" are in there somewhere. 9-)

Sure, CureCoin is THE Braggingcoin Cheesy

BTW - for some of us (those who hold their CURE) it's not "Quadruple Payout" it's Quintuple as the future SigmaX coin will be distributed as a reward for holding CURE (if I remember well).

From what I understand, the "future SigmaX coin" (aka Curecoin 2.0) is similar to the current PoS system that is in place now with 1.X (one that Genie is upset about because it was taken out of the SHA allocation).

Actually, unless things have changed, there were supposed to be 2 different coins: CC2.0 which would replace CC1.0 and remove SHA256D PoW and SigmaX which would keep the PoW.

I understand SigmaX will likely never actually disappear, but wouldn't the shift to 2.0 almost eliminate any market for 1.0 and thus remove any incentive to participate in SigmaX functions?

Curecoin - Operations Team
shaka256
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June 02, 2017, 11:07:51 PM
 #4150

I understand SigmaX will likely never actually disappear, but wouldn't the shift to 2.0 almost eliminate any market for 1.0 and thus remove any incentive to participate in SigmaX functions?

If my memory is good:
  • CC2.0 will be the new coin (quantum computing safe, without PoW) that will be distributed for Folding
  • SigmaX is a new coin, (quantum computing safe, with PoW), and its distribution would be (probably among others) related to holding (i.e. not dumping) CURE

But this was the idea over one year ago. Since then it might have evolved to take into account new ideas the Devs had (Proof of Proof etc.).

At some point, my intuition was that the Devs want to create an ecosystem like Counterparty so that any coin can take advantage of quantum computing safety, Proof of Proof etc. and having SigmaX be the equivalent of XCP. But that's only my speculations...
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June 02, 2017, 11:19:27 PM
 #4151

I understand SigmaX will likely never actually disappear, but wouldn't the shift to 2.0 almost eliminate any market for 1.0 and thus remove any incentive to participate in SigmaX functions?

If my memory is good:
  • CC2.0 will be the new coin (quantum computing safe, without PoW) that will be distributed for Folding
  • SigmaX is a new coin, (quantum computing safe, with PoW), and its distribution would be (probably among others) related to holding (i.e. not dumping) CURE

But this was the idea over one year ago. Since then it might have evolved to take into account new ideas the Devs had (Proof of Proof etc.).

Interesting. I'll have to get some clarification on this.

Curecoin - Operations Team
wuffy68
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June 05, 2017, 02:44:13 AM
 #4152

While classing CureCoin (and FoldingCoin and to a much lesser degree GridCoin) as "legal bribes" is technically correct, the term "bribe" has enough negative associations that it's REALLY A BAD IDEA to talk about them that way...
I think that you, like many others, are missing the central, fundamental point that it's not merely payment for being part of the larger project.
CureCoin is a payment for forgoing all other team choices and folding on team 224497, and on team 224497 only. I'm glad the term has "negative associations" because "it's REALLY A BAD IDEA to" pay people to be on team 224497 only.

Which synonym for "bribe" has enough "positive associations" for me to use in it's stead, so's to not offend your delicate sensibilities? Smiley

Allowing any account to earn CURE was a consideration early on in the project. FLDC gets you halfway there - you could earn FLDC while folding for any team; however you still have to create a new username to do it. CureCoin allowed you to keep your legacy name (probably a key reason why PS3EdOlkkola folds for the Curecoin Team, but does not want to interrupt his record, or legacy).

To complicate things, multiple users can fold for multiple teams using the same username but different passkeys (and Curecoin has no visibility into member's secret passkeys). It would require a secondary layer of management to track which username folds for Curecoin, and which does not (see username jim.gluftsis as an example).

from Bruce on FoldingForum.org: 'In the early days, there was no requirement that the username be unique. You might find several people contributing points to the same account if you used a common account name, like "John".'

Another argument against allowing anyone from any team to earn CURE were concerns by the larger folding community; many expressing concern it would be unfair to have mixed teams (where some are folding for CURE, and others folding on a purely philanthropic basis - with zero interest in ever being compensated). It could curtail the sense of competition in Chimp Challenges and equipment give-away promos designed to spur participation on other teams. Ironically, some of the loudest voices critical of Curecoin's concept were coming from the EVGA community back in 2013-2014. What are your thoughts on the successful Bucks incentive program? Although it's true you can get a discount on an EVGA GPU at full price on EVGA's company website, you could instead cash in some CURE and purchase a GPU for 20% off at MicroCenter, or buy it for Bitcoin on Newegg.

BTW, over 80% of CureCoin's social media outreach using the hashtags #foldingathome and #IAmOneInAMillion refer potential contributors to Folding@home web pages - not Curecoin. Of course we hope when new participants chose a team, they investigate our value proposition in the process.

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June 05, 2017, 05:12:05 PM
 #4153

I understand SigmaX will likely never actually disappear, but wouldn't the shift to 2.0 almost eliminate any market for 1.0 and thus remove any incentive to participate in SigmaX functions?

If my memory is good:
  • CC2.0 will be the new coin (quantum computing safe, without PoW) that will be distributed for Folding
  • SigmaX is a new coin, (quantum computing safe, with PoW), and its distribution would be (probably among others) related to holding (i.e. not dumping) CURE

But this was the idea over one year ago. Since then it might have evolved to take into account new ideas the Devs had (Proof of Proof etc.).

Interesting. I'll have to get some clarification on this.

Where is volk?  Is this project actually developing or is it not going anywhere? This should have been a top 20 crypto project. It has been left to become a laughing stock in terms of investment compared to other projects here.

When is the snapshot for SigmaX is there any sigmaX?
This has been the slowest development of all the projects I have followed.




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Burninj
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June 05, 2017, 05:27:26 PM
 #4154


Where is volk?  Is this project actually developing or is it not going anywhere? This should have been a top 20 crypto project. It has been left to become a laughing stock in terms of investment compared to other projects here.

When is the snapshot for SigmaX is there any sigmaX?
This has been the slowest development of all the projects I have followed.

top 5 at least...
shaka256
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June 05, 2017, 08:42:58 PM
 #4155

Where is volk?  Is this project actually developing or is it not going anywhere? This should have been a top 20 crypto project. It has been left to become a laughing stock in terms of investment compared to other projects here.

When is the snapshot for SigmaX is there any sigmaX?
This has been the slowest development of all the projects I have followed.

According to FoldingCoin's June public recap where part of Curecoin team participated, there are now 10 developers working on Curecoin.
I guess they finally understood the potential of their coin and accepted to delegate the development of parts of it to more people.
Good news in other words.
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June 05, 2017, 08:51:22 PM
 #4156

According to FoldingCoin's June public recap where part of Curecoin team participated, there are now 10 developers working on Curecoin.
I guess they finally understood the potential of their coin and accepted to delegate the development of parts of it to more people.
Good news in other words.
I hope, ffs, that it isn't the same folks that have been "working on" FoldingCoin.  Undecided

If you have to ask why, you wouldn`t understand my answer.
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June 05, 2017, 09:34:06 PM
 #4157

New Curecoin client out v1.9.2.1, binaries for Win and Mac here https://github.com/cygnusxi/CurecoinSource/releases/tag/v1.9.2.1

To address some concerns about development, we will be posting more blog and video material going forward to show everyone that we are indeed keeping busy even though there has admittedly been a lack of easy to find public updates on this work. The team puts in a very large amount of hours every week, with many people wanting to join the core to team help. We are settling into a better organization system to handle the increased team size and plan to expand beyond that very soon. There is currently 10 members on the core team.

Check out the folding production that is coming out of team Curecoin also, we keep topping the all time high, currently at an astonishing 350 million PPD for research speed, and the coin price today has been hitting 18 cents per coin which is also an all time high. The public channels such as the slack and google hangouts have been keeping busy as well with lots of people talking about plans to upgrade / expand folding rigs to increase research output and gain more coins.

The recent client update focuses on both network security and functionality. There was also some tweaks to the gui to clean it up and make it show a little more info on the main tab. Blockchain sync times should be faster especially from a fresh sync. We also added for now an updated alert key to alert the Curecoin users of the upcoming mandatory updates that we need to release to get closer to 2.0 version launch.


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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June 05, 2017, 10:52:17 PM
 #4158

According to FoldingCoin's June public recap where part of Curecoin team participated, there are now 10 developers working on Curecoin.
I guess they finally understood the potential of their coin and accepted to delegate the development of parts of it to more people.
Good news in other words.
I hope, ffs, that it isn't the same folks that have been "working on" FoldingCoin.  Undecided

We're all listed here.

https://curecoin.io/the-team/


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shaka256
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June 05, 2017, 11:05:27 PM
 #4159

Check out the folding production that is coming out of team Curecoin also, we keep topping the all time high, currently at an astonishing 350 million PPD for research speed, and the coin price today has been hitting 18 cents per coin which is also an all time high. The public channels such as the slack and google hangouts have been keeping busy as well with lots of people talking about plans to upgrade / expand folding rigs to increase research output and gain more coins.

If things continue this way we might beat the "Default" team in 3-4 months and EVGA team by the end of the year.

Maybe then it would be a good occasion to contact the World Guinness of Records, as I suggested some time ago. This could add extra visibility to our coin.
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June 06, 2017, 12:28:48 AM
 #4160

...Maybe then it would be a good occasion to contact the World Guinness of Records, as I suggested some time ago. This could add extra visibility to our coin.
Not sure if they have a "Most Amount of 'Paid For' User Points, Ever" category.  Roll Eyes

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