Quote from: rumlazy on November 12, 2013, 04:49:04 AM

Quote from: CryptoBullion on November 12, 2013, 04:22:51 AM

Unfortunately there is a major fault in gridcoin coding... And from what I see it only measures cpu % ... Which almost seems like a slightly skewed way to mine another coin while using gridcoin.

Curecoin offers a much different level of research gains in terms of total petahashes gained since curecoin will be gpu and cpu compatible for medical research at launch time. The work is also much more cheat proof then the well attempted but imo failed launch of gridcoin. Anyone that can read coin source will see it has a serious flaw in the coin base ... I like the efforts of gridcoin dev... Maybe the grid coin dev would like to work with team cure coin? Any how ., team curecoin is growing. .. I don't know if anyone leaked this detail yet but we already have top of the line nividia card to reward to a curecoin user.

Sent from my GS3 phone

But curecoin is just basically devcoin.. am I missing something? Gridcoin at least actually tried to innovate something. I mean you guys are kinda talking crap about gridcoin but this coin doesn't actually do anything at all. Not to mention the massive 10% going straight to your pockets.

The dev funds are going largely towards community things, such as folding hardware giveaways, 0%-fee pools, etc. Yes, it is a coin developed around being sustainable, part of that is having a dev fund which allows the developers to spend large amounts of time on the project, as well as of course being able to further the project by providing a multitude of things for the community. Gridcoin did certainly try to innovate something, however the way they approach is is quite short-sighted. A minor client mod allows the person to not need to do any scientific computation at all and still gets 150 coins per block. We don't want to talk crap about it, but it has a pretty large inherent flaw: users don't need to do any scientific computation. GridCoin also doesn't (currently) take into count GPU usage, which is the major general computing workhourse of today. Sad

At the end of the day, if adopted, CureCoin will cause some pretty massive folding computation, and while doing so will create a coin backed by ASIC mining. It's not a perfect system, and neither is Bitcoin. The dev fund, sure, will in some shape pay developers, but its purpose is to make the coin a sustainable project with a strong community foothold.