cameronpalte (OP)
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May 24, 2014, 10:48:55 PM |
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Around 1 year ago on March 24, 2013 Bitcoin's difficulty was 6,695,826. Curecoin's current difficulty is 6,369,452. Our difficulty is around what Bitcoin was at only 13 months ago!. And Curecoin has only been out for 2 weeks.
Let's catch up guys, Curecoin the true 3.0 cryptocurrency!
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cameronpalte (OP)
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May 25, 2014, 01:37:49 AM |
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Difficulty rising - the time to start mining is now. We are also #1 team in the world for Stanford Folding @ Home!
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Yakamoto
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May 25, 2014, 04:54:19 AM |
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Difficultly =/= Same
The difficulty is 1 year behind bitcoin, not the entire coin.
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cameronpalte (OP)
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May 25, 2014, 07:40:59 PM |
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Difficultly =/= Same
The difficulty is 1 year behind bitcoin, not the entire coin.
The entire coin will catch up quicker ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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hystericG
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May 25, 2014, 08:19:21 PM |
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what is unique about curecoin that sets it out amongst the hundreds of other alt coins?
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gentlemand
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Welt Am Draht
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May 25, 2014, 08:22:23 PM |
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Its computing power is used to help medical and scientific research.
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cameronpalte (OP)
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May 25, 2014, 08:25:06 PM |
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what is unique about curecoin that sets it out amongst the hundreds of other alt coins?
the transaction and coin side is the same but instead of you guys just doing worthless calculations to get your coins it uses the calculations to do something useful - finding a cure for major diseases through protein folding.
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DeathAndTaxes
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Gerald Davis
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May 25, 2014, 08:27:25 PM |
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what is unique about curecoin that sets it out amongst the hundreds of other alt coins?
the transaction and coin side is the same but instead of you guys just doing worthless calculations to get your coins it uses the calculations to do something useful - finding a cure for major diseases through protein folding. Except that is not true. Only the "worthless calculations" secure the network. Unrelated to that the protocol pays non-miners to perform protein folding however that contributes nothing to securing the network.
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cameronpalte (OP)
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May 25, 2014, 09:45:09 PM |
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what is unique about curecoin that sets it out amongst the hundreds of other alt coins?
the transaction and coin side is the same but instead of you guys just doing worthless calculations to get your coins it uses the calculations to do something useful - finding a cure for major diseases through protein folding. Except that is not true. Only the "worthless calculations" secure the network. Unrelated to that the protocol pays non-miners to perform protein folding however that contributes nothing to securing the network. What's wrong with this system. The network is secure and you help the world.
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DeathAndTaxes
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Gerald Davis
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May 25, 2014, 09:56:36 PM |
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what is unique about curecoin that sets it out amongst the hundreds of other alt coins?
the transaction and coin side is the same but instead of you guys just doing worthless calculations to get your coins it uses the calculations to do something useful - finding a cure for major diseases through protein folding. Except that is not true. Only the "worthless calculations" secure the network. Unrelated to that the protocol pays non-miners to perform protein folding however that contributes nothing to securing the network. What's wrong with this system. The network is secure and you help the world. Nothing is wrong with it but the helping the world doesn't secure the network. The network is LESS secure than it would be if miners (the ones actually securing the network received all the compensation). Everything else being equal the network will be easier and cheaper to attack. Secure isn't a binary value. It isn't secure vs insecure. It is how much security the network has, how much it would cost an attacker to attack it. Any revenue diverted from security means the network will be less secure.
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cameronpalte (OP)
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May 26, 2014, 12:08:34 AM |
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what is unique about curecoin that sets it out amongst the hundreds of other alt coins?
the transaction and coin side is the same but instead of you guys just doing worthless calculations to get your coins it uses the calculations to do something useful - finding a cure for major diseases through protein folding. Except that is not true. Only the "worthless calculations" secure the network. Unrelated to that the protocol pays non-miners to perform protein folding however that contributes nothing to securing the network. What's wrong with this system. The network is secure and you help the world. Nothing is wrong with it but the helping the world doesn't secure the network. The network is LESS secure than it would be if miners (the ones actually securing the network received all the compensation). Everything else being equal the network will be easier and cheaper to attack. Secure isn't a binary value. It isn't secure vs insecure. It is how much security the network has, how much it would cost an attacker to attack it. Any revenue diverted from security means the network will be less secure. Except their is a limit to how secure you need the network to be. Bitcoin probably doesn't have a noticeably less risk of attack now than it did when it was GPU mined in fact the risk may even be higher now because of large companies with huge networks.
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DeathAndTaxes
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Gerald Davis
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May 26, 2014, 02:22:59 AM |
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Except their is a limit to how secure you need the network to be. I don't think most people would agree. Nobody knows for sure how secure is secure enough. Being a little too secure never hurt anyone but being a little short of secure enough would be bad. Still even if you are right and CureCoin has enough security (it doesn't the 51% attack costs are negligible) then it simply has a higher inflation rate (and thus loss of purchasing power) for miners than under a similar system where free coins weren't handed out. Folding does nothing to secure the network, it is simply free coins that reduce the value of the coins earned by miners.
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cameronpalte (OP)
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May 26, 2014, 06:11:04 AM |
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Except their is a limit to how secure you need the network to be. I don't think most people would agree. Nobody knows for sure how secure is secure enough. Being a little too secure never hurt anyone but being a little short of secure enough would be bad. Still even if you are right and CureCoin has enough security (it doesn't the 51% attack costs are negligible) then it simply has a higher inflation rate (and thus loss of purchasing power) for miners than under a similar system where free coins weren't handed out. Folding does nothing to secure the network, it is simply free coins that reduce the value of the coins earned by miners. Except they are not free coins because they still need to be earned through folding. I know folding does nothing to secure the network, but it helps put meaning behind the coin to know that 80% of each coin you own was generated by computers working to cure major diseases.
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wadili89
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May 26, 2014, 07:06:35 AM |
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another shitcoin to take people's money with excuses of cancer
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cookiemonster7
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May 26, 2014, 07:16:38 AM |
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Though I am very enthusiastic of curecoin, the speed of mining hardware was not the same and has grown since the date you state, I believe there should be more talk of curecoin as it has achieved something significant but let's not exaggerate and have it come back as just hype. LET'S GO CURECOIN ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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- “Genius is fine for the ignition spark, but to get there someone has to see that the radiator doesn't leak and no tire is flat.”
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Onelove128
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May 26, 2014, 07:56:01 AM |
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Bitcoin helps the world by releasing the masses from oppression of ruling elite.
Shitcoin however well meaning actually in the big picture damage that progress.
if you cared about the world generally you would stop releasing shitcoins like curecoin.
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r3animation
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May 26, 2014, 08:26:46 AM |
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Bitcoin helps the world by releasing the masses from oppression of ruling elite.
Shitcoin however well meaning actually in the big picture damage that progress.
if you cared about the world generally you would stop releasing shitcoins like curecoin.
Perhaps you should read up more.
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SirChiko
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May 26, 2014, 08:29:21 AM |
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Bitcoin helps the world by releasing the masses from oppression of ruling elite.
Shitcoin however well meaning actually in the big picture damage that progress.
if you cared about the world generally you would stop releasing shitcoins like curecoin.
Shots have been fired ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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cookiemonster7
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May 26, 2014, 09:02:54 AM |
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Bitcoin helps the world by releasing the masses from oppression of ruling elite.
Shitcoin however well meaning actually in the big picture damage that progress.
if you cared about the world generally you would stop releasing shitcoins like curecoin.
Shots have been fired ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ..... He Seems Disgruntled.....
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- “Genius is fine for the ignition spark, but to get there someone has to see that the radiator doesn't leak and no tire is flat.”
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martinnew
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May 26, 2014, 02:24:17 PM |
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I am not aware of Curecoin and curious how much its price now. I wonder if it will be worth it to mine Curecoin using mining services like Genesis mining with its current value.
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