Folder's review: Curecoin
Hello Steemian!
Some times ago, I reviewed Foldingcoin, a (quite) old cryptocyrrency that aims to help people working on Folding@Home (a.k.a. folders) to gain some revenue. Now, I will share my view about its sister, Curecoin.
Curecoin was announced at BitcoinTalk at May 10, 2014 by someone who goes with the pseudonym Cygnus XI. It runs its own blockchain, secured by SHA256 miner. So, where does the folders put their work?
The folders get 76% of the block reward. The rest of the rewards are divided to miners (19%), development fund (3%), and donator funds (2%). As the time of the writing, each forged block reward is 6.5 CURE. A little math tells us that folders will get 4.94 curecoin per block. With 10 minutes block time, that means 711.36 CURE rewarded in one day, shared to all folders. A folder must fold under the team Curecoin (#224497) and register their wallet address to their site to earn their reward.
As of now, Curecoin team has nearly 2000 active folder, with 1.4 billion folding points per day (PPD). As a comparison, a single GTX1070 will net you about 600,000 PPD. That's 0.04% of the daily PPD you get. Looks low, but hey, you're doing it for science! And as I've wrote on FoldingCoin article, it's unlikely that you'll spend many GPU card for this since folding@home require x16 PCIe lane, so consider it as a donation to science🙂