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Elokane
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September 20, 2014, 07:53:00 PM |
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Is 2.0 a whole new coin or an upgrade to the existing?
What happens to the old coin and CureCoins?
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Indigoman
Newbie
 Offline
Activity: 6
Merit: 0
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September 20, 2014, 11:58:13 PM |
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4.) There will be a limited amount of coins that can be minted using certificate mining (however this will be stretched out over a very long period of time, and will be practical for encouraging computational research far into the future). If we implement a Proof-Of-Stake model, then we will see some form of interest, which will be rate-limited, but not limited to an actual final quantity. Hopefully that makes sense, let me know if you'd like me to clarify that one.
Thank you for your answers. I have some follow up questions regarding this point. Why put a limit on the amount of coin to be minted using the certificate mining? I understand it will be stretch over a very long time but why have the limit in the first place? Why not make it rate-limited somehow without a limited final quantity? Having it finite means that there will be a point in time in the future that would deem certificate mining unprofitable and people, being financially incentivized, will move from it to more profitable venues. Be it 10 days from now or 10 million years from now, that point in time will come and people will move away. Could you please elaborate more on the decisions to set a limit on coin mined with certificate mining and the thought process behind them ? Thank you |
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Indigoman
Newbie
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Activity: 6
Merit: 0
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September 21, 2014, 02:29:48 AM |
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Is 2.0 a whole new coin or an upgrade to the existing?
What happens to the old coin and CureCoins?
It's a new currency But your old curecoins will be exchanged for new curecoins at a 1:1 ratio so you won't lose your investment. Keep folding  Source: http://curecoinfolding.com/progress-updates-p2p-networking/ |
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Vorksholk
Legendary
Offline
Activity: 1713
Merit: 1029
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September 21, 2014, 04:05:01 PM |
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4.) There will be a limited amount of coins that can be minted using certificate mining (however this will be stretched out over a very long period of time, and will be practical for encouraging computational research far into the future). If we implement a Proof-Of-Stake model, then we will see some form of interest, which will be rate-limited, but not limited to an actual final quantity. Hopefully that makes sense, let me know if you'd like me to clarify that one.
Thank you for your answers. I have some follow up questions regarding this point. Why put a limit on the amount of coin to be minted using the certificate mining? I understand it will be stretch over a very long time but why have the limit in the first place? Why not make it rate-limited somehow without a limited final quantity? Having it finite means that there will be a point in time in the future that would deem certificate mining unprofitable and people, being financially incentivized, will move from it to more profitable venues. Be it 10 days from now or 10 million years from now, that point in time will come and people will move away. Could you please elaborate more on the decisions to set a limit on coin mined with certificate mining and the thought process behind them ? Thank you Yeah, this part isn't actually set in stone, so if other people have input on this, don't be shy! Had a discussion with Cygnus and Cujo about this last night. I'm thinking the best path might be a compromise between people wanting a set-limit system and an actual currency's behavior. Bitcoin and almost every other cryptocurrency has some finite limit to it's mintage, attractive to investors as it is scarce, similar to a commodity. On the other side, fiat currencies are designed in such a way that their mintage is based on a lot of factors including population, and tend to become less valuable over time, per unit. As a result, a compromise would be a very long mintage schedule with an extremely gradual decline, so the coin is still generated at a predictable rate, but is still limited in supply in a given period of time. |
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einsteinium
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September 21, 2014, 04:21:04 PM |
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Hey Curecoin, let's work together? ... ethical coins unite ..., let's join forces for specific projects.
Do you have a specific project that relates to science and are looking for a support partner, if so call on Einsteinium we will do what we can to forward your project.
Support partners usually will pledge to retweet, provide comments, likes, small donations, and endorsements for specific events they choose to get involved with.
Einsteinium is a 'cause coin' we seek to provide funding for science endeavors, we are seeking project partners for small projects involving: educational science. science fairs, science instructors (teachers, professors, mentors, etc ...), or anything else that has a heavy science influence.
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ChasingTheDream
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September 22, 2014, 04:57:22 PM |
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Team CureCoin reaches #6 in the F@H standings! Congrats again everyone!
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ChasingTheDream
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September 22, 2014, 06:49:08 PM
Last edit: September 22, 2014, 07:30:36 PM by ChasingTheDream |
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4.) There will be a limited amount of coins that can be minted using certificate mining (however this will be stretched out over a very long period of time, and will be practical for encouraging computational research far into the future). If we implement a Proof-Of-Stake model, then we will see some form of interest, which will be rate-limited, but not limited to an actual final quantity. Hopefully that makes sense, let me know if you'd like me to clarify that one.
Thank you for your answers. I have some follow up questions regarding this point. Why put a limit on the amount of coin to be minted using the certificate mining? I understand it will be stretch over a very long time but why have the limit in the first place? Why not make it rate-limited somehow without a limited final quantity? Having it finite means that there will be a point in time in the future that would deem certificate mining unprofitable and people, being financially incentivized, will move from it to more profitable venues. Be it 10 days from now or 10 million years from now, that point in time will come and people will move away. Could you please elaborate more on the decisions to set a limit on coin mined with certificate mining and the thought process behind them ? Thank you Yeah, this part isn't actually set in stone, so if other people have input on this, don't be shy! Had a discussion with Cygnus and Cujo about this last night. I'm thinking the best path might be a compromise between people wanting a set-limit system and an actual currency's behavior. Bitcoin and almost every other cryptocurrency has some finite limit to it's mintage, attractive to investors as it is scarce, similar to a commodity. On the other side, fiat currencies are designed in such a way that their mintage is based on a lot of factors including population, and tend to become less valuable over time, per unit. As a result, a compromise would be a very long mintage schedule with an extremely gradual decline, so the coin is still generated at a predictable rate, but is still limited in supply in a given period of time. Just my 2 cents... I do think a coin that follows a very small inflationary model is a good idea but only to the extent that it is slightly higher than what is needed to offset coins that will get lost via people losing interest, losing their hard drive with no backups, or forgetting their pass phrase etc. I have no idea how to estimate what the natural deflation rate is but I wouldn't want to see growth being much higher than the best guess. My biggest concern as I've mentioned before is coin utilization. If we don't find ways to actually use CureCoin, the coin is going to die no matter what its features. People need to be able to use it and right now there is nothing to use it for. That is the number one problem in my view. Of course we can use it for speculation but that can be done with a thousand other coins as well. We need real uses for CureCoin. Maybe when CC 2.0 is released the devs can approach Moolah and others to see if they have an interest in working with the coin. It would seem to fit in well with their mindset and could possibly bring in the Dogecoin community, but I don't think they would be interested under the current structure. CC 2.0 should alleviate many concerns that would come up. I would love to find a way to introduce CureCoin to the Dogecoin crowd. Most members of the Dogecoin community can't mine anymore since the implementation of AuxPoW due to the soaring difficultly. It would be nice to get a few over here and create a cross community if possible. If we could find a way to tap into the DOGE community I think CureCoin's demand would skyrocket. It appears I have veered off topic a bit from the original quote so I guess I put in 4 cents instead of my 2 cents.  |
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alicea
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September 23, 2014, 11:07:07 PM |
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Team CureCoin reaches #6 in the F@H standings! Congrats again everyone!
Hello can I fold of several machines with one username or do I need to have a separate username for each machine? |
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ChristianVirtual
Member
Offline
Activity: 71
Merit: 10
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September 23, 2014, 11:15:40 PM |
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Team CureCoin reaches #6 in the F@H standings! Congrats again everyone!
Hello can I fold of several machines with one username or do I need to have a separate username for each machine? Same username possible ; actually makes it easier to keep track of your overall contribution. Important: make sure to also apply the exactly identical passkey in all clients to get higher bonus in points. |
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mikerbiker6
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September 24, 2014, 06:56:52 AM |
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I folded one work unit, took me 3 days. Maybe this is not for me haha.
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Participate and Earn on the Letstalkbitcoin forum letstalkbitcoin.com
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Luschtiha
Newbie
Offline
Activity: 12
Merit: 0
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September 24, 2014, 10:26:00 PM |
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I folded one work unit, took me 3 days. Maybe this is not for me haha.
Try folding with NaCL, a chrome app. The workunits are very small and take way less time. |
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ChasingTheDream
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September 25, 2014, 04:02:46 PM
Last edit: September 25, 2014, 11:05:09 PM by ChasingTheDream |
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Has anyone else been getting flooded with core 16 projects over the last few days? My 290X TRI-X cards appear to have a very difficult time running them. They crash repeatedly while on core 16 projects so my machines are down more than they are up again. I had not heard of core 16 before so when I looked it appears they were supposed to be done about this time last year. So I'm wondering why I'm suddenly getting them.
Update: According to the F@H forum, core 16 is all that is being distributed right now.
Update 2: It appears I'm still getting some core 17's as well so maybe they are getting their distribution servers worked out.
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Luschtiha
Newbie
Offline
Activity: 12
Merit: 0
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September 26, 2014, 10:05:36 AM |
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Has anyone else been getting flooded with core 16 projects over the last few days? My 290X TRI-X cards appear to have a very difficult time running them. They crash repeatedly while on core 16 projects so my machines are down more than they are up again. I had not heard of core 16 before so when I looked it appears they were supposed to be done about this time last year. So I'm wondering why I'm suddenly getting them.
Update: According to the F@H forum, core 16 is all that is being distributed right now.
Update 2: It appears I'm still getting some core 17's as well so maybe they are getting their distribution servers worked out.
Are you folding on Linux or Windoof? Core16 was made for the HD6000 series, i also thought all projekt were done. Looks like an empty AS for core17, https://foldingforum.org/viewtopic.php?f=18&t=26784, core15 is also old. Core15 is only for nvidia. Are the cards oced? try them with stock clock, core16 maybe handles oc different. |
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ChasingTheDream
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September 27, 2014, 01:59:07 AM |
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Has anyone else been getting flooded with core 16 projects over the last few days? My 290X TRI-X cards appear to have a very difficult time running them. They crash repeatedly while on core 16 projects so my machines are down more than they are up again. I had not heard of core 16 before so when I looked it appears they were supposed to be done about this time last year. So I'm wondering why I'm suddenly getting them.
Update: According to the F@H forum, core 16 is all that is being distributed right now.
Update 2: It appears I'm still getting some core 17's as well so maybe they are getting their distribution servers worked out.
Are you folding on Linux or Windoof? Core16 was made for the HD6000 series, i also thought all projekt were done. Looks like an empty AS for core17, https://foldingforum.org/viewtopic.php?f=18&t=26784, core15 is also old. Core15 is only for nvidia. Are the cards oced? try them with stock clock, core16 maybe handles oc different. Folding on Windows 7 x64 with the F@H 7.4.4 client. Unfortunately I seem to have a fickle hardware set. My 290X TRI-X cards seem to be quite picky and wouldn't even run the core 17 projects consistently until AMD released their 14.7RV3 beta drivers. So if I messed with the clock speeds to try to get them to run core 16 I would have issues with the core 17 WU's. Thanks for posting the thread above! I'm not sure if you have seen the latest messages in it, but they rolled the software update they had applied to the assignment servers back off again. My WU appear to be core 17 again but it will be interesting to see if core 16's still get sent out. I appreciate the info! |
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cameronpalte
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September 27, 2014, 10:52:02 PM |
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I think I'll start mining curecoin again |
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infazan
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September 28, 2014, 02:29:23 PM |
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Dev - Last Active: August 25, 2014, 02:19:13 AM
coin dead?
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Vorksholk
Legendary
Offline
Activity: 1713
Merit: 1029
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September 28, 2014, 05:06:49 PM |
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I think I'll start mining curecoin again Awesome, welcome back! Dev - Last Active: August 25, 2014, 02:19:13 AM
coin dead?
Nope, Josh (Cygnus-XI) doesn't use BTCTalk anymore. He's still very active on IRC (Freenode #curecoin), and the project is still very alive. |
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ChasingTheDream
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September 28, 2014, 08:59:40 PM |
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I think I'll start mining curecoin again Welcome back! |
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einsteinium
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October 01, 2014, 12:13:39 AM |
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Hey Curecoin, let's work together?
. ethical coins unite ..., let's join forces for specific projects.
Do you have a specific project that relates to science and are looking for a support partner, if so call on Einsteinium we will do what we can to forward your project.
Support partners usually will pledge to retweet, provide comments, likes, small donations, and endorsements for specific events they choose to get involved with.
Einsteinium is a 'cause coin' we seek to provide funding for science endeavors, we are seeking project partners for small projects involving: educational science. science fairs, science instructors (teachers, professors, mentors, etc ...), or anything else that has a heavy science influence.
Ebola is topical subject, EMC2 is considering making a public donation, we need to know if you are willing to join our campaign if we carry it forward? |
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