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Author Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018  (Read 696182 times)
QuintLeo
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August 27, 2017, 10:58:56 PM
 #4301

I see this whole "certificate" concept as just adding one more layer of complexity and confusion with no benefit at all to those of us that fold, especially since a normal Folding rig generally already HAS it's CPU cores tied up feeding data to the GPUs to DO the folding with.

 Might be less of an issue if you include the "mining" software as an inherent part of the wallet.





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bardacuda
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August 28, 2017, 12:28:39 AM
Last edit: August 28, 2017, 12:50:05 AM by bardacuda
 #4302

I can't see the trivial amount of resources used to do the actual mining as a big problem, especially since most will probably be using a pool to do that part anyway.

I think the ability to be able to contribute to a wider range of projects and have more certificate authorities, and the decentralization that brings, far outweighs having to have a second type of client or a wallet open while you're mining folding.

btw what other projects/cert authorities will be coming on board...or is it too early to tell still?

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August 28, 2017, 01:03:12 AM
 #4303

How soon will the reward of curecoin per block cutting half? It should be somewhere around next few months?

I can see great price of curecoin, at least 2X current price after reward halving.
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August 28, 2017, 07:23:52 AM
Last edit: August 28, 2017, 07:35:21 AM by Hou5e
 #4304

How soon will the reward of curecoin per block cutting half? It should be somewhere around next few months?

I can see great price of curecoin, at least 2X current price after reward halving.

I think the halving is about every 4 years, so more like May 2018.   Smiley
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August 28, 2017, 09:17:09 AM
 #4305

The info is in the OP:

https://docs.google.com/spreadsheets/d/1BY-ezmmVbooFwa3dzJZowpYmxEu9HgO2o5FeR7Evc-U

Block 210240

With CC2.0 around the corner, is there a plan to burn the premine? Most of it could probably be burnt right now, and then the remainder just before the new coin launches.

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August 28, 2017, 09:46:37 AM
 #4306

I think the halving is about every 4 years, so more like May 2018.   Smiley
The info is in the OP:

https://docs.google.com/spreadsheets/d/1BY-ezmmVbooFwa3dzJZowpYmxEu9HgO2o5FeR7Evc-U

Block 210240

With CC2.0 around the corner, is there a plan to burn the premine? Most of it could probably be burnt right now, and then the remainder just before the new coin launches.

Thanks for the information. Still a few months to go although less than a year from now. Sorry that I over look the OP, the spreadsheet stated clearly on coin distribution and halving details.

BTW, what are the new features in CC2.0?

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August 28, 2017, 11:25:08 AM
 #4307

How soon will the reward of curecoin per block cutting half? It should be somewhere around next few months?

I can see great price of curecoin, at least 2X current price after reward halving.

best to focus on development to increase price rather than we are grasping at coin halvings to boost it
we need more interest in the project.


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August 28, 2017, 09:48:21 PM
 #4308

I see this whole "certificate" concept as just adding one more layer of complexity and confusion with no benefit at all to those of us that fold, especially since a normal Folding rig generally already HAS it's CPU cores tied up feeding data to the GPUs to DO the folding with.

 Might be less of an issue if you include the "mining" software as an inherent part of the wallet.


For users who want to continue mining similar to how they do today, they can simply use a pool, and the pool will handle the complexity of the certificate system Smiley


I can't see the trivial amount of resources used to do the actual mining as a big problem, especially since most will probably be using a pool to do that part anyway.

I think the ability to be able to contribute to a wider range of projects and have more certificate authorities, and the decentralization that brings, far outweighs having to have a second type of client or a wallet open while you're mining folding.

btw what other projects/cert authorities will be coming on board...or is it too early to tell still?

Yup, I don't expect the complexity of the certificate system to drive anyone away from folding, since pools will exist and users can just fold under the pool address or similar.

For other projects we don't have a specific guaranteed list, but GPUGrid was responsive to our inquiries a while ago, so they'd probably be one of the first additional projects we add.

I think the halving is about every 4 years, so more like May 2018.   Smiley
The info is in the OP:

https://docs.google.com/spreadsheets/d/1BY-ezmmVbooFwa3dzJZowpYmxEu9HgO2o5FeR7Evc-U

Block 210240

With CC2.0 around the corner, is there a plan to burn the premine? Most of it could probably be burnt right now, and then the remainder just before the new coin launches.

Thanks for the information. Still a few months to go although less than a year from now. Sorry that I over look the OP, the spreadsheet stated clearly on coin distribution and halving details.

BTW, what are the new features in CC2.0?



The remaining initially mined tokens that haven't been distributed won't exist on the cc2.0 blockchain, so it'll be burnt or something similar (unless cc1.0 stays around as a merge-folded coin or something that we still do payouts on, but those tokens will be 'effectively' destroyed in cc2.0 because they still won't transfer).

Curecoin 2.0 uses a mini-blockchain which drastically reduces the footprint of the blockchain (and makes thin clients very lightweight), implements quantum-computer-resistant cryptography, and will have an as-close-to-decentralized-as-possible distribution mechanism for folding rewards.

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August 28, 2017, 11:18:58 PM
 #4309

I see this whole "certificate" concept as just adding one more layer of complexity and confusion with no benefit at all to those of us that fold, especially since a normal Folding rig generally already HAS it's CPU cores tied up feeding data to the GPUs to DO the folding with.

 Might be less of an issue if you include the "mining" software as an inherent part of the wallet.


For users who want to continue mining similar to how they do today, they can simply use a pool, and the pool will handle the complexity of the certificate system Smiley...
And where is that pool tree that the pool software grows on? Roll Eyes

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August 28, 2017, 11:57:27 PM
 #4310

I see this whole "certificate" concept as just adding one more layer of complexity and confusion with no benefit at all to those of us that fold, especially since a normal Folding rig generally already HAS it's CPU cores tied up feeding data to the GPUs to DO the folding with.

 Might be less of an issue if you include the "mining" software as an inherent part of the wallet.


For users who want to continue mining similar to how they do today, they can simply use a pool, and the pool will handle the complexity of the certificate system Smiley...
And where is that pool tree that the pool software grows on? Roll Eyes

We will release some basic pool software Smiley

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August 29, 2017, 01:14:56 AM
 #4311

is CC2 POF (prove of folding) only or hybrid POF+POS ?

 
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seasonw
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August 29, 2017, 01:37:22 AM
 #4312

Curecoin 2.0 uses a mini-blockchain which drastically reduces the footprint of the blockchain (and makes thin clients very lightweight), implements quantum-computer-resistant cryptography, and will have an as-close-to-decentralized-as-possible distribution mechanism for folding rewards.

Wow, this is an important and useful evolution for future. Reducing blockchain's footprint is really useful in future when blockchain grown. This is the main issue of most coins that we have to download 100GB or more in order to perform any transaction in the wallet.
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August 29, 2017, 03:15:12 AM
 #4313

is CC2 POF (prove of folding) only or hybrid POF+POS ?

Good question! We haven't yet decided on whether PoS (or a similar system) will be used at all. It complicates thin-client support, but might act as a nice counter-balance for the certificate blockchain system in a "jigsaw-blockchain" (where several types of blocks are all required to exist in some capacity in a given period of 'n' blocks).

Curecoin 2.0 uses a mini-blockchain which drastically reduces the footprint of the blockchain (and makes thin clients very lightweight), implements quantum-computer-resistant cryptography, and will have an as-close-to-decentralized-as-possible distribution mechanism for folding rewards.

Wow, this is an important and useful evolution for future. Reducing blockchain's footprint is really useful in future when blockchain grown. This is the main issue of most coins that we have to download 100GB or more in order to perform any transaction in the wallet.

We're excited about it! Cryptonight pioneered the idea, and we see tons of value in it. While there will certainly be archival nodes which maintain a full history (blockchain explorers, etc.), being able to maintain a blockchain that grows with # of users rather than # of transactions should certainly be valuable!

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August 30, 2017, 06:41:24 PM
 #4314

We are team #1!  Cool

And we should very soon break the 1G PPD barrier.

Note that we are practically delivering as many PPD as ALL (but evga) teams together!
I guess that will be a good argument to convince Stanford to become a certificate authority for Cure 2.0  Grin
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August 31, 2017, 09:40:25 PM
 #4315

is CC2 POF (prove of folding) only or hybrid POF+POS ?

Good question! We haven't yet decided on whether PoS (or a similar system) will be used at all. It complicates thin-client support, but might act as a nice counter-balance for the certificate blockchain system in a "jigsaw-blockchain" (where several types of blocks are all required to exist in some capacity in a given period of 'n' blocks).


i would love a system that include a POS part too beside POF
even if its just 1% or even better a small static POS blockreward to keep POS nodes open all the time
i think a static pos is the best to keep many active nodes in network
(and a static POS reward that roll out 1% POS inflation in year would in fact reward active minter way higher at least with 2%
because u can be sure 50% or more of coins are inactive not competing for POS rewards)

 
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QuintLeo
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August 31, 2017, 11:52:37 PM
Last edit: September 01, 2017, 07:06:48 PM by QuintLeo
 #4316

We are team #1!  Cool

And we should very soon break the 1G PPD barrier.


 I don't count August 23 or August 25 for that (Stanford stat database issues) but we're on pace to hit 1 GigaPPD "legitimately" today.

 (edit) and yes, August 31 was the first time Team Curecoin exceeded 1 Giga PPD legitimately - 1,014,xxx,xxx points.

 Now we need to get Vorshalk to quit depressing the yield with his far too large folding farm and get to working harder on INCREASING the value of CureCoin.


 To put it bluntly Vorshalk, your farm has got quite a few folks PISSED and at least a couple of folks in the EVGA folding forum have stated they no longer are folding because of it.



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September 01, 2017, 02:34:40 PM
 #4317

What are the database issues you speak of?
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September 01, 2017, 02:50:12 PM
 #4318

Sometimes the stats server goes offline, and its down untill the Stanford IT guys get it up and running again. Doesnt make any difference to the points, as the WU servers are separate. But 3rd party sites like extremeoverclocking pull their figures from the stats server.
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September 01, 2017, 04:51:21 PM
 #4319

Curecoin 2.0 and its new blockchain will be a very good concept. It will boost the coin value.
I heard of curecoin from a trading group.
I am getting myself some CC ASAP now that it is still cheap !!!
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September 02, 2017, 10:03:08 AM
Last edit: September 02, 2017, 10:21:00 AM by Ul24n
 #4320

Hi, i'm not sure it is the best place to ask my question, but i tryed on curecoin forum, and nobody answer.
i have small problem with the curecoin qt wallet, i wanted to unlock it, for minting, i try to wrote the passphrase, with 99999999 true, many different times, with space, without... etc, it allways tell me "Method not found (code -32601)". first i thank my passphrase wasn't correct, but i can change it and edit new address with it, so i know its correct.


Thank you for your time.
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