CureCoin Cryptocurrency Enters Third Year of Helping Disease Researchers

Millions of people have donated their unused computer power as part of "a global movement of teams and individuals committed to Protein Folding research," according to a special anniversary update at CureCoin.net. And after two years, CureCoin is now the fourth-largest contributor to Stanford's massively distributed computing project for disease research. An anonymous Slashdot reader writes: CureCoin rewards citizen scientists participating in life science research through Stanford's Folding@home... It's actually very easy to participate -- basic account setup can take as little as 20 minutes, and you're contributing computing power with a PC or Mac while earning the tokens...

CureCoin uses a blockchain token called CURE as the means of reward. There is a growing market and exchange network for the coin. Occasional market volatility puts penny stocks to shame -- which if you are risk averse, makes it fun to watch nonetheless.
Sounds more useful than that cryptocurrency which rewards its users for participating in denial-of-service attacks.

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[account_deleted]

Comment removed based on user account deletion

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[Connor Davis]

If you're folding proteins anyway, CureCoin will not make your electric bill go up. Ask yourself how much time have you wasted online fighting political battles with invisible foes, or playing "Battlefield" til the wee hours of the morning. Even if you don't like the CureCoin idea - spending 10 minutes to just create a FAH account, and folding using Chrome NaCl could save lives in the not too distant future. But I'm certainly biased.

Folding@Home has its own scoring system.

[fufufang]

What's the difference between CureCoin and my Folding@Home score? Why should I bother with setting up a CureCoin account, when I have a Folding@Home account?

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[Connor Davis]

It means you can pay for part or all of your electric bill and to fund your equipment and maintenance (especially if you do "merge-folding" with FoldingCoin, you can look that up). It means you can exchange CURE for BTC on three exchanges (ultimately for cash), or you can trade it for goods and services on the evolving CoinPayments.net (you can even buy a motorized scooter for it now). Unlike some other reward systems, you are not limited to the amount of CURE you can hold or exchange ... however only 7488

Folding@Home and Patents

[Ivan Tuma]

Based on a previous post that now appears pulled/blocked, it did bring up a common misconception about Folding@home papers and potential patents.

First off, all the research results are made public and referenced by over three thousand studies and academic articles all over the world (you can see it on Google Scholar, just type in Folding@home). Many of those studies don't relate to pharmaceutical research at all, but because it's all life science, they might concentrate on water desalinization, custom en

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[Connor Davis]

Opinion from a bitcoin or Litecoin purist - I understand your frustration with hybrid altcoins occasionally taking the spotlight away from your investment.

However to a lot of new investors who resist bitcoin's value proposition, CureCoin, FoldingCoin, and GridCoin make perfect sense for now. One day these may become sidechains of bitcoin or some other PoW coin "X", but for now these are the "baby steps" required to get there.

To your other point - 80% of the coin IS actually, as you say, Folding@home+

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[Connor Davis]

> I can understand that you're upset about missing the boat on bitcoin and want a do-over

I'm not upset about missing the wave of bitcoin. I have no delusions that science coins will miraculously take over as the predominant means of exchange. I'm concerned about the dominance of nation states like China controlling so much hashing power (according to Bloomberg, China is home to 90% of bitcoin trades and 70% of mining) This only benefits the nation state. In addition to bitcoin, China is hording preci

Lots of volume for science coins inc CureCoin

[Ivan Tuma]

Whatever the opinion on the future of science research based digital currencies, after 2 years of floundering between $0.01 and $0.02 US
... the level of interest on the exchanges has been fun to watch over the last couple of weeks:

CureCoin: https://poloniex.com/exchange#... [poloniex.com]
FoldingCoin: https://poloniex.com/exchange#... [poloniex.com]
GridCoin: https://poloniex.com/exchange#... [poloniex.com]