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Author Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018  (Read 696182 times)
shaka256
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May 20, 2017, 11:39:19 AM
 #4101

It doesn't matter if AMD GPUs are less effective than NVIDIA ones as long as they would make more money folding than mining thanks to high CURE/FLDC prices...
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ComputerGenie
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May 20, 2017, 12:06:45 PM
Last edit: May 20, 2017, 12:17:26 PM by ComputerGenie
 #4102

...This is not to say the work done by the miners is useless....
If you will not, then I will. The devs designed the difficulty in such a way that every block, POS or POW, punishes miners with a higher difficulty which never decreases until a POW block is found (but, as I said, does increase for every POS block found). Every block found in the last 92 hours 31 minutes has added to the POW difficulty while the POS difficulty is less than it was 100 blocks ago. The devs intended miners to be useless (despite what the OP says about 80:20).  Undecided

...Whether you are heavily-invested in ASIC equipment or still have GPUs and CPUs, you can participate.....
That you can "participate" with ASICs is true, just don't expect 100TH/s of ASICs to get paid enough to cover the electric costs of a CPU.   Roll Eyes

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May 21, 2017, 07:21:36 AM
 #4103

It doesn't matter if AMD GPUs are less effective than NVIDIA ones as long as they would make more money folding than mining thanks to high CURE/FLDC prices...

 They don't, though, at this point.

 On folding, based on my own testing on my own cards, a RX 470 pulls very close to the same power that a GTX 1070 does - but manages about 40% of the the PPD  (230-250k on most work units vs 600+ k on most) - which means it's making noticeably less than mining ETH then it does folding for FLDC and CURE combined even at the current very high FLDC pricing - and ETH isn't always the highest income option for a RX 470.
 An RX 480 would be a little closer on PPD, but would also use a little more power vs. a RX 470.
 The best AMD folding card was the FuryX/Nano, and even THAT only managed 400k PPD ballpark on the highest figures I've seen posted for those - and those apparently use a fair bit more power when folding than an RX 470 or a GTX 1070.

 At current pricing, I'd call the GTX 1080 and GTX 1080 ti pretty much a tossup with the GTX 1070 on both PPD/$ and PPD/W - with the overall system cost and efficiency probably favoring the 2 bigger cards by a thin hair now even though the card-level specs still seem to give the 1070 a hair-thin advantage. Seem to come down more to "what is on the best sale right now" for PPD/$ between those three.


 Proof of Research  "difficulty" has actually been increasing the last few days, just very slowly.
 Team CureCoin PPD is at it's all time high, and keeps breaking that every day.


 I suspect the devs seen the miners as a "needed evil" for securing the blockchain, no more no less.
 I am somewhat suprised they allocated 20% to the miners when I think about it.


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May 21, 2017, 09:03:51 AM
 #4104

Setting aside the fact that you still can't grasp the difference between mining CureCoin(something that less than 20 people do) and folding....

There are well over 6000 registered CureCoin team member accounts on Folding@home ... with an average of ~10% (600) of those actively folding on any given day. Most of the top folders are merge-folding with FoldingCoin. http://folding.extremeoverclocking.com/user_list.php?s=&srt=1&t=224497&p=1

From what I've learned in slack, CureCoin SHA miners compete with staking wallets. As ASIC technology advances, SHA miners can find mining CURE profitable during market gains- which is evident by the number of coins that come up for sale during price run-ups. That said, the coin is not dependent on PoW, since PoS still achieves distributed consensus on the chain. The devs originally put PoW in place to help miners without GPU folding equipment participate in the coin, but also to make sure the chain could be secured with very light-weight mining equipment in case too few wallets were staking in the beginning.

Although I'm obviously not a crypto-currency expert, I've been folding for longer than CureCoin has been around. The results of distributed protein folding research are made open source to any institute or private industry. Any patents resulting from the research are required to be made available for sale to private industry (although the NIH has stepped in to help further develop some research themselves - especially in the areas of Alzheimer's).

Contrary to common cynicism, the research done by distributed computing projects like Folding@home, Rosetta@home and GPUgrid is still in its infancy. There are so many factors effecting the molecular dynamics simulations being performed (right down to the quantum level), that an enormous amount of computing power will be required for decades to come - IF we want to understand them. The economics of this is what make research coins interesting to me. Up until recently, retaining long term volunteers for these projects has been a challenge - at the same time NIH, NSF and ERC funding has been flat or lower than 2002 levels (forget any dedicated HPC systems being built by any government specifically for this purpose until breakthroughs start materializing - the world's militaries still get the majority of use from supercomputers).

I look at Curecoin et al as helping expand the foundations of knowledge for biophysics.

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May 21, 2017, 11:47:35 AM
 #4105

...The devs originally put PoW in place to help miners without GPU folding equipment participate in the coin, but also to make sure the chain could be secured with very light-weight mining equipment in case too few wallets were staking in the beginning....
No matter how you pretty it up, or explain it away, the "Whether you are heavily-invested in ASIC equipment or still have GPUs and CPUs, you can participate" for the OP is, at best, an exaggeration. By the time more than a handful of POS wallets came online, those "heavily-invested in ASIC equipment" got screwed by "participating" in CureCoin any further.

I'm just saying that:

  • The more POS wallets that run is the more POW mining gets punished by POS.
  • POW miners do get their difficulty raised by POS wallets.
  • POS wallets do not get their difficulty raised by POW miners.
  • Folding is not mining.

If you have to ask "why?", you wouldn`t understand my answer.
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May 21, 2017, 11:50:15 AM
 #4106

....
 I am somewhat suprised they allocated 20% to the miners when I think about it.
That 20% mostly goes to POS wallets under the guise of "mining".  Undecided

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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May 21, 2017, 11:51:25 AM
 #4107

It doesn't matter if AMD GPUs are less effective than NVIDIA ones as long as they would make more money folding than mining thanks to high CURE/FLDC prices...

 They don't, though, at this point.

 On folding, based on my own testing on my own cards, a RX 470 pulls very close to the same power that a GTX 1070 does - but manages about 40% of the the PPD  (230-250k on most work units vs 600+ k on most) - which means it's making noticeably less than mining ETH then it does folding for FLDC and CURE combined even at the current very high FLDC pricing - and ETH isn't always the highest income option for a RX 470.
 An RX 480 would be a little closer on PPD, but would also use a little more power vs. a RX 470.
 The best AMD folding card was the FuryX/Nano, and even THAT only managed 400k PPD ballpark on the highest figures I've seen posted for those - and those apparently use a fair bit more power when folding than an RX 470 or a GTX 1070.

Indeed at this point they don't. But my point was that if we could get Big Pharma to buy research in Curecoins/FLDC, they would need to buy Curecoin and this could raise the CURE/FLDC to levels above the 1$/CURE and then folding would be more interesting than mining any other cryptos so even AMD holders would switch their rigs to folding...
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May 21, 2017, 11:58:30 AM
 #4108

Not sure I would call this "very slowly":

~50,000,000PPD increase in a month on top of the ~20,000,000PPD dip (or ~75,000,000PPD from the dip)

If you have to ask "why?", you wouldn`t understand my answer.
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May 21, 2017, 12:02:49 PM
 #4109

....
 I am somewhat suprised they allocated 20% to the miners when I think about it.
That 20% mostly goes to POS wallets under the guise of "mining".  Undecided

So maybe you could try to do some lobbying so that the Devs get nicer towards ASIC miners on the future SigmaX coin since a higher number of miners means increased blockchain security... It would be a win-win situation.
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May 21, 2017, 12:11:10 PM
 #4110

....
 I am somewhat suprised they allocated 20% to the miners when I think about it.
That 20% mostly goes to POS wallets under the guise of "mining".  Undecided
So maybe you could try to do some lobbying so that the Devs get nicer towards ASIC miners on the future SigmaX coin since a higher number of miners means increased blockchain security... It would be a win-win situation.
Because the truth is that it doesn't. I'm a POW mining fan because I'm heavily invested in POW mining equipment, not because it is actually any "more secure" than POS*.


*At a base level POS and POW are the same functions, but the reward and difficulty structures are different.

If you have to ask "why?", you wouldn`t understand my answer.
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cygnusxi (OP)
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May 25, 2017, 09:23:47 AM
 #4111

...This is not to say the work done by the miners is useless....
If you will not, then I will. The devs designed the difficulty in such a way that every block, POS or POW, punishes miners with a higher difficulty which never decreases until a POW block is found (but, as I said, does increase for every POS block found). Every block found in the last 92 hours 31 minutes has added to the POW difficulty while the POS difficulty is less than it was 100 blocks ago. The devs intended miners to be useless (despite what the OP says about 80:20).  Undecided

...Whether you are heavily-invested in ASIC equipment or still have GPUs and CPUs, you can participate.....
That you can "participate" with ASICs is true, just don't expect 100TH/s of ASICs to get paid enough to cover the electric costs of a CPU.   Roll Eyes

nice you can indeed read the block explorer...

Fact is the numbers are doing what they do but NOT for the reasons you state, you are simply making a (half educated - better than not at all) assumption.

We all know curecoin 2.0 has been a long time in the making. I feel like even if you had been talking directly to the developers the whole time you still might not fully "get it"

You should troll harder with facts, your rants just make you look like a fool to anyone who has a clue. Youre kinda like a 2nd grader saying "my big brother can lift 10 cars at once and will beat you up"

If you were properly invested in asic mining you would mine BTC mainly anyways, and have a script set up like most do to mine (random)coin when the difficulty is prime for your asics.

I feel like I wasted 5 minutes writing this. Thanks for wasting everyone's time. Let me know if you ever get around to learning how a pow pos hybrid coin works. They are mostly all the same with various tweaks so if you put any effort into it then we can talk about what is really going on. Until then its worthless to try to teach you when you clearly have youre head up your ass.

Cheers

PS to others, feel free to quote me on this whenever computergenie is being a butthead (pretty much all the time)


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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May 25, 2017, 09:42:20 AM
 #4112

So Ive spent the last month figuring out the strengths of the 4 new core curecoin members and we are ready to hit the ground running. It slowed me down a bit trying to get a few people up to speed and there is still a bit of work to be done. Like C-Genie its fine to have a little knowledge until you want to actually do something in crypto space. There is no replacement for knowing the core of cryptocurrency.

There is an updated version of curecoin on github. Feel free to compile the latest version for yourself if you dont want to wait for the new compiled versions.

To that note, Ive noticed a lot of shit coins adding viruses to their compiled clients ( and sometimes even on their githubs ) that people tend to glaze over.  If you dont trust something dont stop to think that just running it in a VM will save you.

Obviously I am bias to curecoin as a big contender because I know what my plans are and my determination to see it through. I do have other coins I hold and of course I compile them from source.

I will be spending even less time posting here but that is from having a group of new team members that will be doing this for me. They will be getting their final briefing this week. I hope to get back to just working on the code like I much prefer over being a community "cheerleader".

If you have not read it already - Team Curecoin is smashing the record for computational research speeds. Coin price is at all time high and looking bullish. Normally I would give more talk when stopping here about whats happening in our game plans. Right now my big game plan for any free time outside of development plans is to get more rigs to fold with ASAP  Cheesy

Cheers

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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May 25, 2017, 11:48:25 AM
Last edit: May 25, 2017, 11:58:28 AM by ComputerGenie
 #4113

...[random bunch of horseshit]...
No, no, no, and no.
My assertion of PoS causing the PoW diff rise has nothing to do with the "block explorer" and everything to do with the fact that PoS also causes the PoW diff rise.

173163(Proof of Work) found - new PoW diff: 10,849,564.343398461
173164(Proof of Work) found - new PoW diff: 11,674,646.420183057
173165(Proof of Stake) found - new PoW diff: 12,687,747.819705047
173166(Proof of Work) found - new PoW diff: 13,238,472.427967682
173167(Proof of Work) found - new PoW diff: 14,302,744.14371756
173168(Proof of Work) found - new PoW diff: 15,519,504.990542868
173169(Proof of Work) found - new PoW diff: 16,837,335.577709377
173170(Proof of Work) found - new PoW diff: 18,167,462.831460673
173171(Proof of Work) found - new PoW diff: 18,493,202.31708548
173172(Proof of Work) found - new PoW diff: 19,936,804.84795735
173173(Proof of Work) found - new PoW diff: 21,623,593.34002006
173174(Proof of Stake) found - new PoW diff: 23,508,549.29570237
173175(Proof of Stake) found - new PoW diff: 25,572,621.248052098
173176(Proof of Stake) found - new PoW diff: 27,842,361.37148645
173177(Proof of Stake) found - new PoW diff: 33,118,312.31543119
173178(Proof of Stake) found - new PoW diff: 33,136,278.308670625
173179(Proof of Stake) found - new PoW diff: 39,731,716.177215986
173180(Proof of Stake) found - new PoW diff: 39,749,396.211334035


I'm not a fan of pointless code, so I don't have the PoS diffs in my PoW stratum; however, I'm guessing you're capable enough to look at whatever block explorer you thought I was looking at and see that the PoS diff goes both up and down, during the blocks noted above, based on PoS block times alone.

FACT: PoS blocks increase the PoW diff.
FACT: PoW diff never decreases due to lack of PoS (i.e.,long PoS block times).
FACT: Long PoS block times decrease PoS.
FACT: Long PoS block times only decrease PoS.
FACT: PoW blocks increase PoW diff.
FACT: PoW blocks do not increase PoS diff.
FACT: Long PoW block times are the only thing that decrease PoW diff.

As for what coin I would/could/should be mining and when: for the last several months, "alts" generally pay more when traded for BTC than actually mining BTC (most days 1.5-3x) and I've been looking for a decent coin to stick with since NEOS went PoS.

And, now, we've both wasted 5 minutes.

Accuse me of being a child, a "troll", or a "butthead" all you want; however, when you do, at least set aside your hubris long enough to pull your head out of your ass!

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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May 25, 2017, 12:45:15 PM
 #4114

Hey ComputerGenie,

I would be happy to sit down with you and try to get a feeling for your concerns. I'm not sure I can do much to change things, but maybe I can try and gather some feedback to bring back to the rest of the team.

Feel free to shoot me an email: todd at curecoin.io.

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May 25, 2017, 01:23:54 PM
 #4115

Hey ComputerGenie,

I would be happy to sit down with you and try to get a feeling for your concerns. I'm not sure I can do much to change things, but maybe I can try and gather some feedback to bring back to the rest of the team.

Feel free to shoot me an email:...
While I appreciate the offer, I'm not a big fan of taking public things private or private things public.

My "issues"/concerns are but limited to four:

1) The statement of:
...Whether you are heavily-invested in ASIC equipment or still have GPUs and CPUs, you can participate....
is, at best misleading.
   a) Someone that is "heavily-invested in ASIC equipment" not going to fair well pointing that equipment at CureCoin,
   b) they're literally looked down upon for doing so. I use this morning's
...If you were properly invested in asic mining you would mine BTC mainly anyways...
     as a reference, because I'm too lazy to look up the other 2 or 3 times he's basically said the same thing.

2) There's no known activity on the part of devs to make CureCoin useful to purchase folding equipment. Making the primary purpose of the coin appear to be nothing more than dumping coins on altruistic buyers.

3) Through a willful act, or ignorance of code, PoS blocks increase the diff for PoW blocks (even when PoS diff goes down), creating 1a.

4) Being treated like a moronic child for pointing out that 1-3 are actual issues.

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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May 25, 2017, 01:35:25 PM
 #4116

While I appreciate the offer, I'm not a big fan of taking public things private or private things public.

My "issues"/concerns are but limited to four:

1) The statement of:
...Whether you are heavily-invested in ASIC equipment or still have GPUs and CPUs, you can participate....
is, at best misleading.
   a) Someone that is "heavily-invested in ASIC equipment" not going to fair well pointing that equipment at CureCoin,
   b) they're literally looked down upon for doing so. I use this morning's
...If you were properly invested in asic mining you would mine BTC mainly anyways...
     as a reference, because I'm too lazy to look up the other 2 or 3 times he's basically said the same thing.

2) There's no known activity on the part of devs to make CureCoin useful to purchase folding equipment. Making the primary purpose of the coin appear to be nothing more than dumping coins on altruistic buyers.

3) Through a willful act, or ignorance of code, PoS blocks increase the diff for PoW blocks (even when PoS diff goes down), creating 1a.

4) Being treated like a moronic child for pointing out that 1-3 are actual issues.

Quote
While I appreciate the offer, I'm not a big fan of taking public things private or private things public.
I completely understand and agree wholeheartedly.

1) I'll add a task to our team board to see if I can get this changed
2) We're working on strategic partnerships to increase the utility of the coin. I have this same concern and am working in many different regards to finding ways to increase the incentive to buy/mine/fold for
Curecoin.
3) I'll see if I can get this in front of Vorksholk to see if/how this is addressed in Curecoin 2.0
4) I understand and, though it may not mean much, apologize on behalf of the team. Thank you for your honest feedback.


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May 27, 2017, 07:39:53 AM
 #4117


2) There's no known activity on the part of devs to make CureCoin useful to purchase folding equipment. Making the primary purpose of the coin appear to be nothing more than dumping coins on altruistic buyers.


On this point, we have contacted national computer parts vendors who already accept bitcoin, approached graphics card manufacturers (outside of EVGA), and had meetings with a large international retailer, even cold called the offices of a Sharktank billionaire. We've sent out a lot of letters to Hollywood stars. If we were to announce every time we cold call a company, sent an email, or had a meeting that yielded interest, but no commitment, we would be accused of pumping. So yes there have been efforts on that front, and yes we need to continue to approach retailers and heavy hitters directly and via social media.

Sean Ono Lennon said CureCoin was 'interesting' on twitter, so we can't be that bad :-)


4) Being treated like a moronic child for pointing out that 1-3 are actual issues.


When you approach science coin teams (including FLDC) with euphemisms like "getting screwed", "meaningless", "enjoying the status quo", "delusional", "under the guise of 'mining'", "Reality check!", even going as far as accusing the team of "bribing people" (basically a crime!), at some point your concerns wont be taken seriously - sorry.

Get involved if you like the project's potential - we appreciate constructive input as east-wrest pointed out, but why relish in the contempt for something you're obviously vested in?
 
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May 27, 2017, 09:49:12 AM
 #4118

...
When you approach science coin teams (including FLDC) with euphemisms like "getting screwed", "meaningless", "enjoying the status quo", "delusional", "under the guise of 'mining'", "Reality check!", even going as far as accusing the team of "bribing people" (basically a crime!), at some point your concerns wont be taken seriously - sorry...
I'm too lazy to look up if/where I said all of these thing (in order to respond in proper context), however, I'll go with the two most glaringly obvious...

"Reality check!"
I'm almost certain this was a case of me reusing the specific phrase that I quoted someone else (QuintLeo in this case) saying. While it is, admittedly, somewhat passive-aggressive, I have a tenancy to use some of people's own language back at them to drive a point home. If the use of a term offends you, then perhaps you shouldn't use it.  Wink

"bribing people" (basically a crime!)
To bribe is "to give someone money or something else of value...[in order] to persuade that person to do something you want". I'm assuming we can agree on that much, no? While many definitions do include a modifier to "bribe" that is "often illegally", "typically illegally", or something similar, I'd direct you to realize that "often", "typically", and "always" aren't synonymous. The fact remains that as long as the only way to get CureCoin as payment for folding ("to give someone ... something... of value") is to be on team 224497 ("to persuade that person to do something you want" - i.e., not be on another team), it is a bribe. The implication of illegality is one you've drawn all on your own.

If you have to ask "why?", you wouldn`t understand my answer.
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May 27, 2017, 12:05:01 PM
 #4119

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.


 Curecoin *IS* useful for buying folding gear - just not DIRECTLY, you have to swap it into BitCoin first.
 Directly WOULD be an improvement - but higher value for CureCoin would help even more.


 Given EVGA's long committment to *some* support for Folding@Home, I don't think it's ENTIRELY implausable that they could be convinced to support CureCoin instead of their current "Folding Bucks" program, as long as you don't mind them BRAGGING about such support (which would end up being some mighty cheap advertising *IF* they could be convinced to support CureCoin) - this seems like an increasingly likely option as they slowly lose ground to, and eventually get passed, by Team Curecoin.

 Their current program already requires folks to join a specific team - and then jump through a significant number of other hoops - to get their rewards - and RIGHT NOW their rewards are quite a bit less than folding for CureCoin pays out for the same amount of points earned (much less CURE + FLDC).

 If they could be convinced to buy a fixed amount of CureCoin equal to their average expenditure per month in recent months for the EVGA Bucks program, in exchange for being allowed to ADVERTISE and BRAG about how they are supporting Folding@Home through their support for CureCoin, it could be a win-win situation for both groups - EVGA gets to budget a fixed amount a month instead of having no idea how much they're going to have to give credits for, and CureCoin gets a regular infusion of coin bought to support the price.
 
 The question then becomes "what happens to the CureCoin that EVGA bought", which is the big sticking point I can see to the whole idea.


 BTW, it appears that the Gates foundation isn't exactly opposed to supporting @Home related work.

 https://www.genomeweb.com/informatics/gates-foundations-hiv-grant-catapults-rosetta-protein-folding-software-vaccine-d-0

 from over a decade ago.


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ComputerGenie
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Retired IRCX God


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May 27, 2017, 12:40:57 PM
 #4120

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?  Roll Eyes

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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