CureCoin

Overview of CureCoin

  • CureCoin’s goal is to maximize the potential of distributed computing networks (DCNs) around the world who are looking for answers to medical, scientific, and mathematical problems by stimulating the donation of computing resources which include graphics and central processing units.
  • Curecoin's goal is to accelerate research in the medical sciences relating to Cancer, Alzheimer's, Antibiotics, Diabetes, Huntington's, Ebola, Zika, HIV, Parkinson's, repurposing drug compounds, and Astrobiology.
  • CureCoin, the first project to be integrated as part of the exchange’s new initiative, has been specifically directing its computing power to aid research efforts in the fight against COVID-19.
  • Curecoin describes itself as a cryptographic utility token dedicated to replacing ASIC mining with protein folding computations – helping scientists find new medicines in lieu of mining hashes.
  • Curecoin puts ASICs to work at what they are good at–securing a blockchain, while it puts GPUs and CPUs to work with work items that can only be done on them–protein folding.
  • Curecoin is a new SHA-256 based cryptocurrency with a big vision, that is – Curing Cancer, Alzheimer’s, Huntington’s, preventing viruses, and designing next-level of pharmaceuticals.
  • Curecoin difficulty is a measure of how many hashes (statistically) must be generated to find a valid solution to solve the next Curecoin block and earn the mining reward.
  • Curecoin is a PoW PoS hybrid altcoin that allows both ASIC mining and CPU & GPU mining to play a part in creating coins – as they call it mining and folding.
  • Curecoin (CURE) Organizers utilize top of the line GPUs and CPUs to overlap proteins, Miners mine with SHA256 ASICs, verifying the Blockchain.
  • Curecoin’s market cap currently sits at $4,160,950.00 USD, holding up for a market cap rank at #1338.

    • Blockchain

    Curecoin is the first cryptocurrency to represent medicine and biotech research via scientific mining.Curecoin puts ASICs to work at what they are good at–securing a blockchain, while it puts GPUs and CPUs to work with work items that can only be done on them–protein folding.

    Mine

    Network

    ASIC miners are also able to mine towards securing the blockchain and earn CureCoin too, giving a place for all users.The more you fold, the more you earn.When you run F@H or fold for CureCoin, you are rewarded upon how much power you are able to contribute to the F@H network.

    How did you think of CureCoin in the first place?

    Well, when I first started to mine BTC, I had an NVidia GPU, which obviously back then was not as good as AMD for bitcoin mining.So I became interested in what else the CUDA arch could do better than AMD.

    How do I buy Curecoin?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Curecoin.

    How do I mine Curecoin?

    Curecoin and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit.Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner).ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

    How is it different?

    Curecoin allows owners of both ASIC and GPU/CPU hardware to earn.Curecoin puts ASICs to work at what they are good at–securing a blockchain, while it puts GPUs and CPUs to work with work items that can only be done on them–protein folding.While still having a secure blockchain, it supports, and thus is supported by, scientific research.While it isn’t technically ‘backed’ by scientific research (there’s no central authority you can visit to trade coins for scientific research) the coin has intrinsic value as both a currency and as a system of purchasing a tradeable representation of medical research.Similar to the idea of carbon offsets, someone with money can buy some Curecoins which represent a proportional amount of scientific/medicinal research, while someone with tech know-how can also contribute to the folding effort, doing the hands-on work, and gain profit.The value imbued into each unit of the currency from the folding network it represents would add additional traction and inertia to the coin’s trading value.

    How to buy Curecoin (CURE) from above-listed exchanges?

    Step 1: Click on Buy Curecoin (CURE) from Exchange button.Step 2: You will be redirected to the exchange.Step 3: Sign up if you do not have an account with that exchange else log in.Step 4: See if the exchange support fiat currency or cryptocurrency or both.Step 5: Deposit the currency it supports and buy the currency you want.

    So in a sense it is more likely to remain distributed than what happened with bitcoin, where a few miners control the network?

    very much so, currently there is one folder who is very philanthropic, he has the highest output of work by a good margin.He has decided to become a deeper part of the system though by donating all of his earnings.

    What benefits does it provide?

    Most currencies are either in the CPU/GPU stage, or in the ASIC stage.Curecoin can be earned with both.Folders use high-end GPUs and CPUs to fold proteins, earning a proportional amount of coins set-aside for their contributions.Miners mine with SHA256 ASICs as usual, securing the blockchain for the Curecoin network.Whether you are heavily-invested in ASIC equipment or still have GPUs and CPUs, you can participate.Due to the nature of folding (diverse, constantly changing, not easily predictable), GPUs and CPUs will both always be relevant, so an investment in consumer hardware isn’t wasted.

    What coins are similar to Curecoin?

    The following coins use Curecoin’s Scrypt algorithm and proof of work (PoW) proof-type: Dogecoin, Litecoin, UNUS SED LEO, Verge, Syscoin, Bytom, Hellenic Coin, Polymath, Lotto, XeniosCoin, Einsteinium, Viacoin, GameCredits, Presearch and Matrix AI Network.

    What do you think about the Curecoin today?

    Let us know by clicking the given button.

    What hashing algorithm does Curecoin use?

    Curecoin is a proof of work (PoW) coin that uses the Scrypt algorithm.

    What is Cure Coin?

    So much energy and power is wasted on re-securing the blockchain and computing arbitrary hashes for Bitcoin.CureCoin is an alternative cryptocurrency that boils down to a proof of work system based upon valuable computer calculations.

    What is Curecoin difficulty?

    Curecoin mining difficulty determines how difficult it will be to mine the next block and this is why it is referred to as the difficulty of Curecoin mining.

    What is Curecoin?

    CPU/GPU or in the ASIC? What about both.Folders use high-end GPUs and CPUs to fold proteins, Miners mine with SHA256 ASICs, securing the Blockchain.

    What is Curecoin?

    Curecoin merges two amazing areas in computer science: Encrypted currency & scientific research computing.The CureCoin system rewards you with CURE tokens for doing science on your computer.

    What is Curecoin?

    Curecoin is a PoW PoS hybrid altcoin that allows both ASIC mining and CPU & GPU mining to play a part in creating coins – as they call it mining and folding.The added benefit behind the coin is that computer power is used to test protein folding and create a valuable scientific knowledge base.Block halving occurs every million blocks and the block time is 60 seconds.

    What is the Reddit page for Curecoin?

    The official Reddit community (subreddit) for Curecoin is r/curecoin.

    What is the value of Curecoin?

    One Curecoin (CURE) is currently worth $0.17 on major cryptocurrency exchanges.You can also exchange one Curecoin for 0.00000291 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Curecoin in U.S.dollars is $4.13 million.

    What’s the relationship between Folding@home and CureCoin?

    There was never an official endorsement from Dr Pande, since he did not know how the Curecoin project would work out, as it has never been attempted before.I did get an unofficial go ahead though, with word from his staff that he said “tell team Curecoin to just keep doing what they are doing.” He already has quite the reputation, and there was no need for him to put it on the line.

    Where can I get Curecoin wallet?

    Curecoin produces its own wallet software that is available for download on its website, which allows you to store Curecoin on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    History of CureCoin