Curecoin to USD Price Chart

Curecoin Statistics

Market Rank	#4254
Market Cap	$ 0.2M
Volume 24h	$ 8.6
Circ. Supply	29.1M
Total Supply	∞
Max Supply	?

Has Curecoin (CURE) Price Changed Today?

As of the latest data pull, Curecoin (CURE) is priced at $ 0.00794306. Over the last 24 hours, it has increased to contribute to its market cap of $ 0.2M. In terms of ranking, Curecoin is positioned at #4255 by market capitalization among all cryptocurrencies.

What Is Curecoin (CURE)?

Curecoin is a SHA-256 based cryptocurrency with high ambitions to make substantial contributions in the field of medical research. Specifically, the Curecoin team aims to aid in curing diseases such as Cancer, Alzheimer's, and Huntington's, preventing viruses, and designed next-level pharmaceuticals. Unlike many other cryptocurrencies, Curecoin can be earned with both Graphical Processing Units (GPUs) and Central Processing Units (CPUs), involving computational tasks broadly known as "protein folding".

Who Are the Founders of Curecoin?

Unfortunately, specific information about the founders or development team behind Curecoin is not provided. However, it's clear that the project involves a host of developers and contributors passionate about advancing medical research and pharmaceutical design through the utilization of blockchain technology.

How Does Curecoin Work?

Curecoin operates through a consensus mechanism known as "folding". In this context, "folders" -- that is, participants with high-end GPUs and CPUs-- perform sophisticated computational tasks known as protein folding. For every completed task, folders are rewarded with a share of Curecoin proportional to their contribution.

Miners using ASIC (Application-Specific Integrated Circuit) equipment can also earn Curecoin through a traditional blockchain verification process, consequently further securing the Curecoin network. Importantly, both GPUs and CPUs will always be relevant due to the nature of protein folding, thus enabling participants with consumer-grade hardware to remain involved.

How Are Curecoins Distributed?

There's a three-pronged approach to Curecoin distribution. The majority, 76% of total coins (or 80% of the coins distributed daily), goes to the folders. The SHA256 miners receive 19% of total coins (20% of daily coin distribution).

The remaining 5% of total funds is split into different areas: 2% goes to those who donated to project development, and the remaining 3% is designated for Curecoin developers. This portion is specifically used to cover development costs like contracting professional programmers, infrastructural expenses, and other community expenses.

What is Curecoin's Total Supply?

As per recent data, Curecoin's circulating supply stands at 29.1M. The total supply was not provided.

Where Can You Buy Curecoin (CURE)?

Currently, you can buy Curecoin (CURE) on the following exchanges: HitBTC, Livecoin, Bittrex, Poloniex. It is important to remember that cryptocurrency trading involves risk and always ensure to do your research before making any financial transactions.

Curecoin Links