Quote from: anti-scam on May 09, 2013, 09:16:09 PM

I have some questions.

1. Will this coin have decentralization comparable to Bitcoin, Litecoin, and such?

2. Will the protein folding actually contribute in some way to the security of the network as proof-of-work, or will it solely be the hashers securing the network and "subsidizing" the folders?

3. Can your approach be adapted not only to Folding@Home, but a generalized distributed computing scheme?

4. What is the economic model of this coin? Will it be inflationary, deflationary, or attempt price stability?

5. Do you plan on introducing features beyond the protein folding in this coin?

6. Do you intend this to be used as general currency, or something more specific?

1. Since work units are distributed through universities, or eventually any other distributed research network, there is no way around some level centralization.

2. Protien folding will not effect the blockchain. hashers will secure the blockchain (confirm in previous post). Hashers will be sharing a portion measured by bench marking hardware of similar value.

3. Yes, the popular demand for Bionc (and others) added to this might not be far away.

4. I think what you asking is about : difficulty rises will be similar to other coins, but not as extreme, and the starting difficulty and retargets designed to prevent huge swings in difficulty. If this isnt what your after , sorry, i try to study many fields but economics bores the hell out of me. Thats why im listening closely to the economists giving me advice about this.

5. Yes, Bionc and others are a future plan, but its much easier to start with one and see how well it works.

6. If it is used as currency i think is up to the people that hold them, just like other crypto coins. Remember, even bitcoin was only supposed to an experiment but now has a value of ~ 100 +.

This of course is not the typical coin many of you would think ideal, but it is for a purpose. It is likely the coins will hold some value. Being able to get rewarded with crypto coins instead of just points should be enough for people to try it. Im sure some people will stick to completely decentralized crypto, but as we have seen, a lot of people are waiting for a chance to mine coins that encourage the advancement of hopefully finding cures.

Just like the original bitcoin, this is of course experimental, so know one really knows how it will turn out. The only way to find out is to try. If it is a flop, the we hopefully figure out what went wrong, and make curecoin 2.0

Im contacted medical students at 3 universities to spread the word about the project, in about 2 days ill have a dedicated website where i hope to see many med students, bitcoin enthusiasts and maybe some professors join the discussion of curecoin.