Quote from: arkanaprotego on November 13, 2013, 10:45:54 AM

Can you please explain in detail the procedure how folding rewards will be paid to folders?

This looks like a very sensitive process to me, because as I understand it, it is the most centralized aspect of the coin: other research projects could be added into the coin to alleviate the reliance on FAH, but if the central payment system for folders goes down for whatever reason, it takes the coin with it.
Moreover I think one of the charms of crypto is that you put your trust in cold, hard protocol instead of people. No matter how honest and good-willed they are, I just don't feel it's crypto anymore if I have to rely on a handful of people for the system not to burst into flames...

I have exposed an idea on the Curecoin forum to decentralize the payments, similar to how mining rewards work, but that would involve giving a severe pounding on the web servers of FAH, and I have no idea whether they could withstand it or not. I suppose from their point of view it would look like a DDoS attack... Maybe the dev funds could be spent toward supplying them with adequate servers.

Good question! The folding, by nature, is fairly centralized. However, we have a great redundant setup. If the main folding pool were to go down, my backup folding pool based on entirely different code (in even a different language!) would snap up and take over the role. If mine were to go down, the CureCoin Dev team could easily make manual payouts until server status could be resumed.

If the folding aspect were to go down, the entire coin as a currency would continue to function in a decentralized manner, folders simply would be a tad inconvenienced when payouts might end up a few hours late. We are also working on having a third level of redundancy with the folding payout servers.

As for the people cashing out other's rewards, the idea is simply that, when you sign up to the folding site, you sign up to F@H at the same time, so you have control over the accounts in both places.

You bring up some interesting points (for anyone who wants to look: http://curecoin.us/index.php?topic=4.0) for a somewhat-decentralized folding payout system, I'm afraid it would cause excessive blockchain bloat though, unfortunately. I'd like to see what the other devs think though.