[ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018

[cygnusxi]

....
3. CureCoin will be moving closer to pure POS asap in prep for CureCoin 2.0
....

Well, at least I know in advance to pull the plug on my $15k investment. :/

You stand to make more from gpus per watt even if you have an s9 or 15k$ worth of them. Also asics are good for a lot of other coins too, like bitcoin. If your serious about your investment you should know this and have thought this out. I highly recommend looking through the asic mining guide on coinwarz if you are serious about asics. I dont think Ive ever heard of anyone else buying asics just for curecoin.

Also, the move is "closer" to pure pos.. next phase for 1.x is still a hybrid. Also Asic hardware gets outdated faster than gpus and then becomes worthless unlike gpus when the next model comes out, so figure in extra hardware deprecation.  Just my 2 cents.

I think last poster bardacuda agrees with this - "I knew I should have bought those nvidia cards back in the fall..."

[1715013944]

1715013944

[1715013944]

1715013944

[ComputerGenie]

...

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.

[Vorksholk]

...

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.

[ComputerGenie]

... 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.
Edit: and I guess you forgot:

Would you mine for a "CureCoin" ?
With 100% of your hashing power    45 (47.4%)

...I highly recommend looking through the asic mining guide on coinwarz if you are serious about asics...

If you think that anyone with my altcoin hashrate hasn't already done so, then you're as dumb as anyone willing to stick with this mess. This is almost as bad as the shit the devs did to Neoscoin.

[assistresearch]

... 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...

[lethax]

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.

[ComputerGenie]

...

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.

[ComputerGenie]

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).

[ComputerGenie]

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

[yavuzc78]

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?

[ComputerGenie]

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]) ....

[kopija]

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.

[D8V1D]

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

[ComputerGenie]

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

That site looks at sha mining, not folding.

[ryohazuki89]

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:

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]

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.

[cryptohunter]

...

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?

[ComputerGenie]

.... 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.

[cryptonit]

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

[D8V1D]

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.