Network security from hashing is good. Getting blockchain based rewards is great. Curing Cancer, Alzheimer's, Huntington's, preventing viruses, and designing next-level pharmaceuticals is awesome. What if we could put these together, to build a coin secured and run by crypto, mined with SHA256, and supported by cancer-curing research?
CureCoin has combined computational biology with secure blockchain technologyWhat benefits does it provide? Most currencies are either in the CPU/GPU stage, or in the ASIC stage. Curecoin can be earned with both. Folders use high-end GPUs and CPUs to fold proteins, earning a proportional amount of coins set-aside for their contributions. Miners mine with SHA256 ASICs as usual, securing the blockchain for the Curecoin network. Whether you are heavily in ASIC equipment or still have GPUs and CPUs, you can participate. Due to the nature of folding (diverse, constantly changing, not easily predictable), GPUs and CPUs will both always be relevant, so the cost in consumer hardware isn't wasted.
How is it different? Curecoin allows owners of both ASIC and GPU/CPU hardware to earn. Curecoin puts ASICs to work at what they are good at--securing a blockchain, while it puts GPUs and CPUs to work with work items that can only be done on them--protein folding. While still having a secure blockchain, it supports, and thus is supported by, scientific research. While it isn't technically 'backed' by scientific research (there's no central authority you can visit to trade coins for scientific research) the coin has intrinsic value as both a currency and as a system of purchasing a tradeable representation of medical research. Similar to the idea of carbon offsets, someone with money can buy some Curecoins which represent a proportional amount of scientific/medicinal research, while someone with tech know-how can also contribute to the folding effort, doing the hands-on work, and gain profit. The value imbued into each unit of the currency from the folding network it represents would add additional traction and inertia to the coin's trading value. As time goes on and the amount of folding done for the network increases, the amount of research that each coin represents grows.
How does the network maintain balance?Since the daily total from network output from both mining and folding are locked at 20:80, an increase in miners will subsequently raise the scarcity of the currency (per capita), resulting in folding becoming even more profitable and in-demand, encouraging additional folding power. Vice-versa, an increase in folding power will likewise indirectly cause a delayed increase in the network security. Pegging the reward of each type of work to a constant value allows the change to hit a brick wall in changing the currency distribution, which causes other parts of the equation to expand--mining/network security, and folding/coin value. This value in medical research and network security both act to influence the USD/CUR trading value. As the folding and hashing efforts grow, the currency becomes more scarce per capita, creating a general increasing trend of monetary value. Just like any other crypto, Curecoin is a currency, but in this case, one that has more adding to its value than cryptographic security.
Is Curecoin limited to only protein-folding? No! As the network evolves, additional scientific computing projects can be easily added, in which case the folding reward would become a scientific-computation reward, and would be split fairly between various projects (including CPU-only ones!), and could be done so in either a way to encourage people to balance the projects, or in such a way that people can do whatever project they wish, and receive the same or very similar profits.
Coin specificationsMining: 13 coins per block (start)
1 block per 10 minutes
Block-halving every 4 years
Folding: 7488 per day (average of 52 per block) (start)
PoS interest rate = 1%
Reward-halving every 4 years
Rewards processed on a daily basis, based on points earned
PoS mintage model also included. How does this benefit someone with GPU/CPU power?Rather than mining alt currencies with a (in comparison to ASIC and FPGA equipment) very inefficient hash-generator which uses large amounts of electricity, you can do protein folding (which uses less electricity), earn great returns, contribute to a variety of great computational scientific research, and decrease the wear-and-tear on your precious hardware. Indirectly, you also cause increases in ASIC mining power through network rebalancing.
Additionally, NVidia cards are great at folding! How does this benefit someone with ASIC power?As someone with ASIC mining power, you can help increase the network security of Curecoin, earn good money from your work (through the proof-of-work block reward of Curecoin), and indirectly support folding efforts through network rebalancing.
How is the blockchain reward divided up?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. The other 3% is dedicated to Curecoin developers, and will be used infrastructure (such as website hosts, chat hosting, technical support, etc.), and for giving back to the community (folding hardware giveaways, faucets, covering 0% mining pools, etc.).
CureCoin Homepage
https://curecoin.net/CureCoin Forum
https://curecoin.net/forum/CureCoin is integrated with
https://Coinpayments.net ! You can easily start your own store or add to an existing store the option to accept CureCoin as payment.
For the latest full list of accepting merchants, visit
https://www.coinpayments.net/store-directory and select CURE from the drop down option.
Merchants accepting CureCoin (partial list)
Host.AG – Dedicated Servers and Complex Hosting Solutions
VPS.ag – VPS and Containers starting at 2 EURO per month
TrueHoster.com – Unlimited Web Hosting Solutions at 12 EURO per year
https://www.qhoster.com/ Online hosting, vps, domains, more!
https://vcp.ovpn.to oVPN.to Anonymous VPN and Proxy Service
https://saltsworldwide.com/http://pexpeppers.com PexPeppers Hot Sauces and More!
http://www.drpecksbees.com Dr. Pecks Bee Supplies and Honey
http://www.buildyourvps.comhttp://btcpipeshop.com Palo Santo Incense and Peruvian Pipes
Get a WalletWallet Windows binary downloads:
https://github.com/cygnusxi/CurecoinSource/releases/tag/v2.0.0.1Mac OS Wallet:
Cure 2.0 Mac OSX wallet will be posted asap
Sourecode:
https://github.com/cygnusxi/CurecoinSourceFolding pool:
https://www.cryptobullionpools.comFolding getting-started guide:
https://www.curecoin.net/index.php/knowledge-base/12-knowledge-base/folding-for-curecoin/23-how-do-i-start-folding-for-curecoinForum:
https://www.curecoin.net/forum/Discord Channel:
https://discord.gg/jtztkFZNote* CryptoID block explorer will update to 2.0 soon, in there is
http://blocks.curecoin.netBlock Explorers:
https://chainz.cryptoid.info/cure/Exchanges: https://www.livecoin.net/https://www.bittrex.com/[CURE] Illustrated Protein Folding EC2 Setup Guide: 300k PPD per Server!
https://bitcointalk.org/index.php?topic=604172The math used to create Curecoin Minting , total coins, block halving, premine and dev / donor reward funds, and more
https://docs.google.com/spreadsheet/ccc?key=0AvPoRrj3QF5sdGlxUzdKVVgyaWZvZGlaT195OEFKZmc&usp=sharingVideo Tutorials:
http://youtu.be/-YEZzBZ0suE Windows getting-started guideFolding@Home Explanation:
https://folding.stanford.edu/home/faq/Folding@Home Research:
https://folding.stanford.edu/home/faq/Folding Team Statistics:
http://fah-web.stanford.edu/cgi-bin/main.py?qtype=teampage&teamnum=224497Curecoin in the news:
http://cointelegraph.com/news/mine_curecoins_fold_proteins_cure_cancerhttp://www.financemagnates.com/cryptocurrency/interview/curecoin-founder-my-cryptocurrency-can-end-all-disease-in-100-years/#http://btcworldnews.com/curecoin-a-cryptocurrency-that-eliminates-disease/http://www.pcr-online.biz/news/read/curecoin-the-digital-currency-designed-to-help-scientists-cure-cancer/034467http://www.overclock.net/t/1489146/announcement-greatest-innovation-in-coin-history-stop-mininghttp://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/curecoin-a-cryptocurrency-which-will-cure-diseases/Translations
https://ccmtds.info/criptodivisas/curecoin/Google Spreadsheet for donor payments.
https://docs.google.com/spreadsheets/d/10YF2W9Iwbn77ybCsj5Lxqa_Dzvo6WedbRGBwoBOrm3k/edit#gid=0