It has potential, but how there have been some great posts which share my concerns. How do you actually ensure the currency is secure and how do you determine a value for the currency as well as a myriad of other technical issues, like point scaling how are points distributed, how will "wallets" work and how do you ensure the coins are allocated to actual miners, what sort of authentication would you use to handle non unique usernames and how would that be secured against hacking attempts. Given that there large hacking issues with bitcoins and other digital currencies why would this not be a target for large unscrupulous farms to turn their crunching power at the authentication server or distribution point, hijacking the system and either destroying the value of the currency or crippling people trust in the system and having them opt out. Who will be responsible for determining the points / currency and what about work units, ho wil you deal with new cores, cores being taken down, projects being taken down, what about those stupid 2k value work units that cripple your efficiency.
 
So far all i have gotten from the "creators" of Curecoin is that its like bitcoins but for  what about cost breakdowns, who is investing, how about actual business specifics as well as some cryptology and security talk.
 
P.s. concerns aside i would love to see those idiotic bitcoin pools be turned towards actual research, or maybe they are actually decrypting national telecom infrastructure algorithms and the inventor just added the allure of a currency to get people to opt in so they could cripple a target nation in a similar fashion to stuxnet except think larger scale.

I do believe that it is a highly ambitious project and wish all the best to CygnusXI and hope that it sees the light of day
 
There are some pretty complex issues which have been raised up and it would be nice to see how those issues are resolved. Since there are a lot of great minds backing this project, I am awaiting for some official drafts/publications as to how those issues will be solved on a global scale, not limited to just one country/region. That's a rather significant undertaking and personally, I wouldn't mind how long the development takes as long as the final CureCoin meets... I mean, exceeds out expectations
 
Assuming that this project successfully takes off, it would be a game changer for F@H and eventually, other Humanitarian DC Projects too. No doubt that it would go down as a significant moment in computer history!
 
EDIT -> Cleared the confusion of CygnusXI and Spongebob28 which I had.

I've done some more digging on this topic.  First, you have to join team 224497. Then you must join a mining pool at http://cryptobullionpools.com.  They (curecoin) will pay you in FRK coins (FrankoCoin) for WU (Work Units) done in FAH.  You will also need a wallet app from http://frankos.org.  1 FRk = 0.00573883 BTC = 5.680064 USD.  Dated 12/5/2013.
 
So, what are your thoughts and should we invest????

Someone used bitcoins to buy a Tesla

Team Curecoin is currently looking for a fundraiser / fund matching source for the $5000+ USD we will be donating to the FAH servers soon. 
 
Please visit my forum at curecoin dot us
 
Currently the launch of curecoin is halted  waiting for the approval of prof Vijay Pande. In the mean time we are still paying people with small amounts of crypto currency to fold for team curecoin and get a preview of what the system will be like. 
 
Please review these topic to answer some of your questions
 
 edit, as a new member I guess I can not share these links below, but my forum address curecoin dot us is already listed in this thread. 
 
- Breakdown of 10% dev budget, created to sulf sustain the system. 
 
- Getting start guide to earn cryptocoins while folding
 
To answer a few more 
Q I already see posts of people dumping core 15 WUs to get core 17 WUs....
A Yes I see where this could become a problem, but my understanding of the system is that core17 WU's are where the real research gets done now. Plus, there is many cpu folders on the team as well. 
 
Q Does anyone know who the founders really are in real life?
A Yes, my gplus profile is public, my name is Joshua Smith, I reside in Michigan USA. 
 
 
 
Thanks for your time
Joshua Smith AKA CygnusXI
 
 

CureCoin is estimated to be bringing in a large number of people throughout the world into the cryptocurrency world.
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