Curecoin describes itself as a cryptographic utility token dedicated to replacing ASIC mining with protein folding calculations, helping scientists find new drugs instead of mining hashes. Curecoin's goal is to accelerate research in medical sciences related to cancer, Alzheimer's, antibiotics, diabetes, Huntington's, Ebola, Zika, HIV, Parkinson's, drug repurposing compounds, and astrobiology. With the release of version 2.0 in December 2018, Curecoin claims to have become 90% more efficient than ASIC mining. Registered protein folding participants continue to receive distributions from the "automated oracle" at Cryptobullionpools.com, with the previous balance cached in cold storage (visible in the block explorer). The network has switched to pure proof-of-stake (averaging around 10% rewards per year), which works to protect the Curecoin network. The Curecoin system leverages Stanford's Folding@home* distributed search software. As of May 1, 2019, the Curecoin folding team is ranked first in the global Folding@home network. The development focuses on faster transactions, increased security, collaboration with scientific partners of the blockchain consortium (such as FoldingCoin), as well as support for philanthropic projects through project sponsor Curecoin 501c3 (Vision's Made Viable).