2017 Curecoin Mid-Year Brief:

The first half of 2017 has proven to be an exciting time for Curecoin and our merge-folding partners at FoldingCoin. We’ve had an exponential increase in the number of computations the team produces. Thanks to a combination of growing interest in protein folding research, along with several bombshells in the cryptocurrency markets has made our team the most powerful distributed computing team in history. Recent levels of interest in merge-folding put Curecoin’s team 224497 on a trajectory to overtake the number one spot on Folding@home in early September.  This is great news for the research of cancer, neuro-cognitive disorders and infectious diseases!
  1. Today, the Curecoin Team’s combined computational output is 29 PetaFLOPS* (about 39% of the Folding@home network).
    • This means the team produces molecular research at rates comparable to some multi-million dollar supercomputers !
  2. There are over 8,000 registered Folding@home user accounts, with over 900 active individuals folding on any given day folding for CURE
  3. Market price of our token over the last 60 days has ranged between $.12 and $.22 USD
  4. Trading volume over the last 60 days has peaked at over $800,000 USD on a single day … the markets are catching on to our utility proposition
  5. The Curecoin team has shipped a new, more secure wallet version 1.9.2.1, with more changes in the pipeline for 1.9.4.x to make the current version of Curecoin an even better user experience. In addition, the Curecoin Team has added several new team members, including EvergreenCoin’s founder and developer – Steven Saxton.
    • We are transitioning to an Agile unified process keyed to our wallet builds.
  6. Curecoin has created a separate, 501c3 sponsored Curecoin Project, whose to-date contributions to scientific, medical and social organizations has surpassed $17,000 USD. We have the ability to accept donations via Paypal, direct USD, and Amazon Smile donations. Currently we have over 15,000 tokens listed on exchanges destined for conversion to charitable giving.
  7. Curecoin 2.0 will soon be soliciting applicants for a broader internal beta test. We’d like to start receiving feedback from individuals with targeted skills in the QA process. There will be some changes coming to the plan-of-record regarding a standalone version of SigmaX and integration of Proof-of-Proof – so please stay tuned to our bitcointalk ANN thread.
* Does not factor for Quick Return Bonus (QRB) – making precise FLOPS count difficult to calculate

Cloud Mining

Would you like to contribute to protein folding research while earning Curecoin, but you don’t have a high-end GPU?
Do you live in an an area with poor internet access, or costly electrical power?

Curecoin has the answer: presenting Cloud Folding! By simply purchasing cloud time, or donating to the Curecoin Project, you will help research cancer, Alzheimer’s, Parkinson’s, Huntington’s, Diabetes, HIV and several other Infectious Diseases.

The Curecoin cloud is divided into two divisions…

  1. Commercial Cloud Folding Store (We fold, you keep the coins).
    1. Located in Bay City, Michigan – the curecoin cloud brings a next generation vision for America’s former manufacturing hubs.
  2. Non-Profit Cloud Folding for the Curecoin Project (support Cloud Folding with your tax deductible donation): 
    1. Donation via Paypal and your credit card
    2. Donate via Check
    3. Or simply shop with Amazon Smile – You Shop, Amazon Gives: Amazon will help fund Curecoin Cloud Folding when you select “Visions Made Viable” – our 501(c)3 incubator. VMV has allocated 90% of their Amazon Smile channel to fund Curecoin Cloud Folding.
      1. Shopping with Amazon Smile is not tax deductible because Amazon gives from 1% to 5% of your purchase price to charity.

Curecoin’s cloud folding “farm” is composed of modern GPU and CPU hardware donated by Curecoin team members and other crypto-currency miners located in the United States.

Curecoin cloud folding has customers spanning the globe: United States, Brazil, Morocco, Spain, Italy, UK, Nigeria, Turkey, Ukraine, Russia, Japan, Indonesia, Australia, and many others.

Even with limited internet access and equipment, you can still contribute to protein folding research, and still earn Curecoin. Although our Cloud Folding is no substitute for having your own rig, you’ll still find our rates beat most any other cloud folding service available.

What exactly am I folding?

So you’re on-board, you’re folding, and you’re excited to help – but you simply must know, what ARE you folding? What are the technical processes going on back there, and how does the science get done?

Dan Ensign has written a great piece called “Runs, Clones and Gens” on the Folding@Home Wiki that gives great detail about how work is generated.

What is Proof of Stake in CureCoin?

CureCoin’s Proof of Stake mintage begins in 30 days, and maxes out in 90. While your stake is higher the closer you get to 90, you may find better returns by regularly minting closer to 30 days.

The CureCoin wallet takes care of this whole process for you. It must be unlocked and open in order to Mint.

To Unlock your wallet for staking :

  1. Go to “Help”
  2. “Debug Window”
  3. Choose the Console tab
  4. Here, enter ‘walletpassphrase <your password> 99999999 true’ and hit enter*.
  5. After a few moments, your wallet will be ready to mint.

The above unlocking procedure only applies to Encrypted Wallets. An unencrypted wallet will mint, but is unsecure. Its recommended that you ALWAYS encrypt your wallet. As a optional precautionary measure, clear the console window and then close it (press CTRL + L to clear the text in the console ).

Proof of Stake is a method of securing the CureCoin network that works alongside the Proof of Work portion. Proof of Stake is based on the number of coins had, and how long they’ve been held. In this way, it works to prevent the well-known 51% attack – an attack wherein the perpetrator overtakes 51%+ of the Proof of Work (mining) network. In order to do this to a Proof of Stake coin, an attacker would need to hold 51% of the entire supply of CureCoin, and any attack performed would hurt their own share. If any part would come to hold 51% of the currency, they’re likely to hold a strong interest in keeping the coin alive and well.

Initially, coins are distributed by the work done when folding. CureCoins have an “age”, which is reset every time they are transferred. Over time, as folders hold on to their hard-earned CureCoin, they begin to earn a “stake” – this stake is equal to their age multiplied by the number of coins. Your stake earns you “chances” at earning Proof of Stake CureCoin blocks, which are generated through a process called “minting.”

The good folks at PeerCoin explain Minting well:

All coins in the Peercoin network collect coin age. Your stake is calculated from this coin age, measured by last transaction, and multiplied with the amount of coins (time * coins). Transferred coins lose their age and start a new “life” as fresh coins. When you keep coins for 30 days, they are old enough to start the minting process. From that moment on the software tests the “search space” given by the coin age, the limited options are tested if they “solve the puzzle” like in Bitcoin mining. You can simply think of this by comparing it with a raffle. But it is a raffle that lets you keep the tickets every time you do not win a round. And with it the chance of producing a valid solution of the next puzzle increases. More coins equal more raffle tickets. So 100 coins at an age of 30 days are twice as likely to solve the “puzzle” as 50 coins with 30 age days. The maximum age a coin can have is 90 days, after this the coin does not age further. When a puzzle is solved you can mint 1% of your input, by sending 101% of the coin to yourself. With it you “consume” your built-up coin age. As you test against a limited number of raffle tickets (the “limited search space”), this requires significantly less power. Attacks become more difficult as well, instead of controlling 51% calculating power to take over the block chain, you need 51% of the coins that are put up as stake! When a block is minted, your new coins will be unspendable for a period of 520 blocks (~ 3.6 days with 10 minutes blocks). More information can be found in the Peercoin whitepaper.

PeerCoin.net

*99999999 is the time, in seconds, to remain unlocked. You may choose to unlock for shorter periods, if you like, but run the chance of re-locking before mintage is complete.

Can I dump slow work units to increase my PPD?

ABSOLUTELY NOT!!!

Dumping Work Units is hurtful to the Folding@Home project. Orphaned work is “lost” until the units time out and re-enter a work queue. This slows down the overall progress of the Folding project.

Work Units are assigned according to the “luck of the draw.” Some will be a bit faster, some a bit slower. The Stanford Team tries to balance the speed of units with the points rewarded to keep things fair and worthwhile, and in the end it all balances out.

Attempting to shortcut your way to faster/more valuable work will NOT work, short or long term. Please, just accept the Work Units you are assigned and only drop units if there is a technical reason (hardware malfunctions, hung units, etc).

Remember that an integral part of CureCoin is to help Folding@Home complete valuable research. Be a conscientious folder.

View the Folding@Home Best Practices.

Folders must maintain an 80% submission ratio to earn Bonus Points! Dumping Work Units will prevent you from earning the expected PPD.

Troubleshooting your Folding Setup

Low Performance on GPUs

First, Calculate and Verify your PPD to see if there really is a problem. If you’re running on a lower performance CPU, disable CPU folding, as this can often reduce the effectiveness of GPU folding.

Low Performance on Headless GPU

In some cases, Headless GPUs on Windows 7 or XP will be in a “disabled” state in Catalyst Control Center (for AMD devices). Adding a Dummy Plug or powered KVM will resolve this by showing the GPU a connected device.

Devices Not Present

Select “Configure” in the Folding@Home client and check the “Slots” tab. If necessary, add GPU slots for additional devices that are not yet present.

Work Unit hangs at 99.9%

If you’re overclocking your GPUs, remove the overclock, or gently underclock. In most cases the 99.9% hang occurs due to a driver crash or other GPU error. Stock clocks, or a slight underclock, seem to resolve this in most cases without affecting PPD.