Bytales
Jr. Member
 Offline
Activity: 151
Merit: 7
|
 |
May 22, 2018, 01:55:42 PM |
|
So how is the reward breakdown now that there are is no mining (i think i read that somewhere)
So the block reward is 6.5 coins ? How are the folding hashes calculated, and how much goes to folders, and how much to stakers ?
I really dont understand how the coins are generated here
If i have 100k coins in wallet, i get a stake reward as a percent of coins held, ? or as a part of the 6.5 coins block reward.
Its really a fog (probably in my brain only). Can someone explain how it really is ?
|
|
|
|
|
|
|
|
|
|
|
|
|
|
In order to achieve higher forum ranks, you need both activity points and merit points.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
Bytales
Jr. Member
Offline
Activity: 151
Merit: 7
|
|
May 22, 2018, 01:58:06 PM |
|
^^^ That moment when you quote the ANN for no apparent reason^^^ What is the mwximum supply for CURE? How much is block reward? How come folders get coins and miners. And there is staking as well?
^^^ That moment when you ignore the ANN (and the post before you, which is [literally] a repost of the ANN) for no apparent reason^^^ Im not ignoring it, but now the there is suppose to be no mining, but staking instead of it. Its really a fog, Will read the whole ANN first thread, hopefully it is updated. Quote from ANN "Curecoins go to three main areas: Folders, Miners, and Developers. The folders get 76% of the total rewards (80% of the coins distributed per day). SHA256 miners get 19% of the total rewards (20% of the coins distributed per day). 2% of the total reward was distributed to people who donated to project development." Where is the staking here ? Looks like ANN isnt properly updated ! |
|
|
|
|
|
ComputerGenie
|
|
May 22, 2018, 02:04:47 PM |
|
^^^ That moment when you quote the ANN for no apparent reason^^^ What is the mwximum supply for CURE? How much is block reward? How come folders get coins and miners. And there is staking as well?
^^^ That moment when you ignore the ANN (and the post before you, which is [literally] a repost of the ANN) for no apparent reason^^^ Im not ignoring it, but now the there is suppose to be no mining, but staking instead of it. Its really a fog, Will read the whole ANN first thread, hopefully it is updated. Mining has always bee discouraged; in fact, if you go through the pages, one dev told me (and I paraphrase) that it's stupid to mine CURE and the "proper" way to mine it is on a profit switcher (which is stupid since the PoW diff gets jacked up [by both PoW and PoS] and never comes back down without someone mining a PoW block). The shortest answer is that no matter the state of CureCoin (1.x or 2.x) you'll never get any official help when it comes to doing any part of securing the 1.x chain with PoW because the official stance is anti-PoW despite what the ANN says. |
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....
|
|
|
Bytales
Jr. Member
Offline
Activity: 151
Merit: 7
|
|
May 23, 2018, 12:35:17 PM |
|
I dont intend to mine, since my rig is folding, aprox 1mil to 1.2mil PPD, i only wanted to know how the staking folding mining rewards are split EXACTLY.
Lets say Block reward is x
a% goes to a fund, from which it is sent to all the Folders, based on Points accrued.
b% goes to stakers,
c% for developer fund.
But how can you expect to get through staking, a certain percent based on how many coins you have, lets say i have 100k coins, and i get a hit, do i get that fixed percent out of those whole 100k coins ?, or when i get a staking hit, i will get once, the b% from the block reward, which is now 6.5 coinz. so for every hit would be (b*6.5)/100 for every hit.
That would not corespond to a fixed percent based on how many coins you own, so it would be a fixed percent out of the block rewards.
That is what i wanted to have cleared.
If anyone can explain, would be very helpfull.
|
|
|
|
|
|
ComputerGenie
|
|
May 23, 2018, 12:55:42 PM
Last edit: May 23, 2018, 01:13:57 PM by ComputerGenie |
|
I dont intend to mine, since my rig is folding, aprox 1mil to 1.2mil PPD, i only wanted to know how the staking folding mining rewards are split EXACTLY.
Lets say Block reward is x
a% goes to a fund, from which it is sent to all the Folders, based on Points accrued.
b% goes to stakers,
c% for developer fund.
But how can you expect to get through staking, a certain percent based on how many coins you have, lets say i have 100k coins, and i get a hit, do i get that fixed percent out of those whole 100k coins ?, or when i get a staking hit, i will get once, the b% from the block reward, which is now 6.5 coinz. so for every hit would be (b*6.5)/100 for every hit.
That would not corespond to a fixed percent based on how many coins you own, so it would be a fixed percent out of the block rewards.
That is what i wanted to have cleared.
If anyone can explain, would be very helpfull.
It doesn't work that way. 100% of the block reward goes to the block finder (be it PoS or PoW). When you mine a block, you get all of the reward for that block. When you stake a block (which is nothing more than mining a low diff block with the requirement that you have preexisting coinage), you get all of the reward for that block. Any breakdown of what goes to devs and/or what goes to folders comes out of the 23,226,285 CURE that was premined by the devs; it is separate from the ongoing chain rewards. |
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....
|
|
|
Bytales
Jr. Member
Offline
Activity: 151
Merit: 7
|
|
May 23, 2018, 01:57:40 PM |
|
That is interesting i never knew that. So basically the Premine is distributed to Folders.
And the POS/POW is like a seesaw reward of the sorts.
So if i manage to stake something, i get new coins, that are added to the chain. And i get only a percent of the current block reward, with every staking hit.
Whatever i get through folding is from the premine.
And that would mean that this whole premine, is always to be seen, and one could see how it will decrease over time, because of the rewards given for folding.
There are five 2.3 mil addresses on the rich list, i take it that is part of the premine.
Which means in reality, very few coins are on the market at all, since all the premine is or will not be availabe untill it will be released through folding.
Im afraid this isnt properly explained in the ANN, or am i blind ?
|
|
|
|
|
|
bardacuda
|
|
May 23, 2018, 05:56:46 PM |
|
Hmm you're right it doesn't seem to be explained in the OP. There is this post which has a lot of good information on the distribution and how the coin is administrated. Maybe it should be linked or added in the OP: https://bitcointalk.org/index.php?topic=603757.msg6688632#msg6688632 |
The future will rely on AI. SingularityNET lets anyone create, monetize, and use AI at scale. From the creators of Sophia the Robot. |
|
|
|
Alohaboy?!
|
|
May 23, 2018, 08:14:17 PM |
|
Is there any way to track the process home many projects from folding at home could be solved via the use of the distributed power ? I would really like to see the progress since i used the program a few years back and think the idea is just great. Is there a detailed technical explanation how the whole project/ puzzle solving with the hash power works in detail ? would be glad to have some detailed information |
|
|
|
|
|
bardacuda
|
|
May 24, 2018, 12:37:16 PM |
|
For answers to that I would start at the official folding forums: https://foldingforum.org/viewforum.php?f=17Something something Markov state models and openMM software. |
The future will rely on AI. SingularityNET lets anyone create, monetize, and use AI at scale. From the creators of Sophia the Robot. |
|
|
|
ComputerGenie
|
|
May 24, 2018, 12:41:44 PM |
|
...Is there a detailed technical explanation how the whole project/ puzzle solving with the hash power works in detail ? would be glad to have some detailed information
For starters, there is no "hashpower" in folding. As for the rest, I suggest starting with http://folding.stanford.edu/dig-deeper/ |
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....
|
|
|
|
Jake-R
|
|
May 25, 2018, 03:09:41 PM |
|
Will Curecoin 2.0 still support Folding@home? Also any updated ETA when 2.0 will be available?
|
|
|
|
|
|
bardacuda
|
|
May 26, 2018, 11:19:53 PM |
|
1. Yes.
2. Soon™
There is a fork in testing that will remove PoW and also lower the minimum stake age to a few days which should be done (actually) soon. The CC 2.0 fork will be after but my understanding is it won't happen until after Vorksholk reaches some milestone in one of his other projects. I don't know the exact details.
|
The future will rely on AI. SingularityNET lets anyone create, monetize, and use AI at scale. From the creators of Sophia the Robot. |
|
|
|
ComputerGenie
|
|
May 27, 2018, 12:11:11 AM |
|
....
2. Soon™
....
I'm pretty sure that's been the answer for at least 3 years now.  |
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....
|
|
|
|
bardacuda
|
|
May 28, 2018, 02:48:52 PM |
|
That's why I added the ™
|
The future will rely on AI. SingularityNET lets anyone create, monetize, and use AI at scale. From the creators of Sophia the Robot. |
|
|
josetus000
Newbie
Offline
Activity: 13
Merit: 0
|
|
May 29, 2018, 01:53:56 PM |
|
Im so confused, Is cure coin always going to be tied to folding at home?
|
|
|
|
|
|
ComputerGenie
|
|
May 29, 2018, 01:57:25 PM |
|
Im so confused, Is cure coin always going to be tied to folding at home?
yes |
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....
|
|
|
rosielovemommy9x
Newbie
Offline
Activity: 13
Merit: 0
|
|
June 01, 2018, 11:29:27 AM |
|
I have realized that those delisting are shocking, lots of people lost fortunes
|
|
|
|
|
|
22naru
|
|
June 05, 2018, 11:40:46 AM |
|
1. Yes.
2. Soon™
There is a fork in testing that will remove PoW and also lower the minimum stake age to a few days which should be done (actually) soon. The CC 2.0 fork will be after but my understanding is it won't happen until after Vorksholk reaches some milestone in one of his other projects. I don't know the exact details.
yea i heard about this couple of months or years ago... hope they will start to focus on this project aswell. CC 2.0 can be a big thing but without support, will be forgot .sad but true what other projects Vorksholk is involed? |
|
|
|
|
glandulaHewq
Member
Offline
Activity: 112
Merit: 10
|
|
June 07, 2018, 04:28:48 AM |
|
I hope that projects like this one can be well developed and that Curecoin's research and development is of great importance to human health.
|
|
|
|
|
|
22naru
|
|
June 08, 2018, 12:49:35 PM |
|
I hope that projects like this one can be well developed and that Curecoin's research and development is of great importance to human health.
i still hope so  ... human health and blockchain will be a big boom in next years. preapare for CC 2.0 |
|
|
|
|
|
