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    Author Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018  (Read 696309 times)
    Vorksholk
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    August 06, 2015, 05:11:38 PM
     #2981

    Everything has gone very silent for the past few weeks any news on progress towards next test release for CC2.0?

    In about a week and a half, I'll push out another alpha revision that fixes issues found during 2.0.0a1 (occasional desynchronization, and a cosmetic issue with the miner, which really doesn't matter) and adds the binary radix tree (or binary-radix-tree-inspired) block content (and enforces it properly), some new code to handle adding additional peers, and a lightweight GUI.

    I'm still a little confused on how 2.0 plans on being decentralized. Is the idea that universities themselves will be holding the curecoin 2.0 that will be distributed to folders?

    Good question. In 2.0, universities (and other accredited public research institutes) will have network authority to create certificates. These certificates are used in the mining process--each is tied to a block, and gives a given number of potential nonces to try. The coins are never held by the university, but rather generated on the network as coinbase transactions when a certificate is mined.

    2.0's goal (or one of them, at least) is to balance centralization and decentralization in a manner that makes it secure, and still allows it to perform its goal of conducting scientific research. To rehash previous discussions a bit, meaningful scientific computations have to be led by someone--someone with specific talents has to program in proteins, build physics models, analyze results, etc. Only "trivial" Proof of Works (hashes, prime numbers, etc.) can be generated and verified on the network without third-party centralization of some type. Primecoin is a perfect example of the bleeding-edge of PoW-usefulness that can be fully distributed. If Primecoin ever wanted to switch to do something else (find different types of chains, for example) it would have to have a code update and a hardfork, which is centralized in itself. Curecoin takes the expected adaption of adding and removing projects as they are born and completed, allocating resources between projects by producing market pressure to encourage hardware specialization (not ASICs per-se, but having your CPU do something entirely different than your GPU, and both earn Curecoins by doing work they are independently good at, although an ASIC for these projects would be damn near impossible to develop given the complexity of the problems and rapid changes of the projects, but if one were to be created, it'd be the holy grail of computational research) and makes that automatic. It KNOWS things will change, that workloads will differ, and unloads that to a point where the network can stay the same core throughout years of changes. Sure the core will be updated for efficiency, and block distribution for storage, and new platforms, but the core principles of it can stay the same, and hardforks should rarely be necessary.

    So in the crypto world, it's a matter of choice: you can have full decentralization Bitcoin (or close to it) by doing work that provides no external benefits other than security (which is, arguably, extremely important, and validated by the value of the network), you can have a hybrid decentralization Curecoin, where coins, after being generated, are completely decentralized, no entity can reverse transactions, but the generation of coins is tied to a set of rules that have validation through centralized sources, or you can have a system which is purely centralized PayPal, but extremely easy to use, versatile, and requires a high level of trust.

    VeriBlock: Securing The World's Blockchains Using Bitcoin
    https://veriblock.org
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