Bitcoin Forum
June 07, 2024, 06:33:12 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] FoldingCoin - Mine for medicine, Scrypt and SHA256 ASIC proof on: September 07, 2015, 05:06:37 PM
Hi Everyone! I will answer everything here:

I have been supporting Folding coin for some time now. This project is one of the most constructive in the ecosystem since it really contributes to scientific research. Folding coin is proof that PoW can be used by for something really useful

True that!

I've been following FLDC since last February and if I would recommend a crypto to invest asap for somebody it would definitely be FoldingCoin.

There are couple things I'd like to point out.

As the back-end gets solid needing less active human maintenance (already done work) and the marketplace gets done, there might be some time left over to expand. In that case maybe it could be a good thing to also start bringing folding@home into a wider awareness, once the "preparing" stages are complete.

---We would love to do this and that is what Jonas current focus is. After the marketplace is at a good spot i will be helping in the adovcation as well. I have some ideas floating around but any sort of strategies onto how we get more adoption would be helpful Cheesy


I've understood that folding@home is somewhat semi-official for Stanford, but not completely (yet?)...
I'd think that if you guys could get a more official status for the project, it could be noted in the radar of science publications, magazines, medical professionals etc. audiences rather directly. In this way FLDC is sort of a flagship at the moment.

---I am not sure exactly what you mean here, but to clarify, FLDC is not a part of Stanfords FAH, we are simply an extension to it to help create adoption. Though we do talk with Stanford on occasion (not often), there is no partnership and Stanford cannot directly support something like this due to their internal rules and legal limitations

Quite many people have at least heard of Bitcoin these days too and FLDC has tons of legitimate say of making the mining (folding) process useful.
The timing starts to be right on alt footsteps.

Also alternatively so many are apathetic how corrupted and inefficient fiat world is, therefore it's not a long stretch to become inspired with the idea that it's possible to make currency do beneficial tasks on it's own instead of trusting some magical invisible hand acting for the favour of... well, humanity.
Right now it looks like a fist pounding in the face of near everyone.

There I definitely see a future where the kind of money you use itself is a direct "vote", an direct action (instead of having a machine made of people with no accountability i.e. bank+govt's) towards what you want to achieve with your money in super forward fashion.

That being said, FoldingCoin, as a project and an operation might seem small, but it wears big shoes.

FLDC in principle is very understandable for non-tech people in it's mission - using it to find cures for diseases.
This is serious issue for even the good projects with the typical Bitcoin 2.0 functionality... Try understand that as an outsider! Cheesy or rather  Sad

---And also to add to that note, when you try and explain bitcoin to someone, they want to understand immideately how mining works because to them it sounds like a scam, with FAH they kind of just take your word for it. Probably because curing cancer hits home more for folks then a new money system.

I see the whole issue of cryptos kind of the same as Nokia vs. Apple.
Nokia was there long before Apple got into phones, but Nokia kept itself a sort of more engineer bias company. Therefore in the critical time when there were TONS of different phones on the market, Apple came out of the woodworks with a very simple solution that did what most used a phone for. Nokia almost plummeted completely. They forgot that to the casual end user a kind of no-brain simplicity is utmost of importance.
The gadgetry most cryptos try to do is somewhat futile in the big scheme likewise.
Engineers/Technicians pitfall - Creating to your peers instead of realising that if an average person is dumb, half of them are even dumber. Technically speaking of course  Grin
Therefore, if you trust your end user to be technically proficient the table is never turned towards you until someone with more simple (or stupid) will guide attention away. It's very simple, but almost impossible for countlessly many programmers and developers to see.

I'm going to this direction because even as a somewhat tech oriented person, I found the act of starting to fold just a tad bit too difficult with the lack of time (and laziness) I usually have. Many people lack any kind of confidence whatsoever in any under the hood situation and give up the instant the page they are supposed to read seems too long and technical. That's where most people will drop the ball. And will never return.

Hence, given the potential burst of new users once the silent period is over, I'd love to see a dummiest way possible to fold in the future as well as the current one for (tech peeps). I'd mentally benchmark easy usability as a somewhat non techie being able to start folding and get rewards going (normal delay of receiving allowed!) within the same burts of first inspiration. People rarely come back after the first excitement, but they also can't hold their excitement (and sharing it to the world) if they can do it on the first go.

---This is a problem we have been trying to fix since very early on. We have had two different devs come and go saying that they would love to help build a all in one installation application for windows to make the process easier, but we have not had much communication with either of those devs anymore. That being said we are still looking for someone that has visual basic skills to build this, as currently there is no one on the roster with that programming skillset.

There's also a scenario where folding@home would find a cure...
That event would open floodgates and then it would be highly beneficial to have it super simple.

As you can see, I already see a lot of mainstream break (read: getting mentioned) potential with FLDC as it's a very sensible project.
And damn... Such enthusiastic, devoted and friendly attitudes you guys have + the people in this thread!
Thumbs up!

---Thank You so much! The idea is great and the community is there, now its time to get the others Cheesy

PS. Yes to the vote for rewarding long term folders. No brainer decision if there are no reasonable (or at all) objections!

Looks like I’ve been a bit ignorant of how developed the project actually is, which is exciting to hear!

About the possible simplified app:
Having little Ruby background, I’m assuming the simplified app wouldn’t be that difficult to pull off rather quickly even.
It’s always work, but pseudocode of existing program is easy to simplify especially for someone who has done intuitive & simplistic UI design.
Also all systems the program would interact with are running smooth already so it’s almost a kind of programmer plug and play, no? Tongue

If a willing person cannot be found soon enough, there is an always option to use a small part of that 100M FLDC for it.
There’s high upmarket potential being paid in FLDC now too. Just a suggestion, though.

Also… There's a chance anyone in the community could find a suitable Visual Basic programmer at this point too, right?
By asking around colleagues, irc rooms, message boards, social media platforms… etc. and if interested, pointing those parties to be in contact with you.


Speaking of visibility, I’d see it generally a good strategy to produce a well developed, versatile and low maintenance presence online - the modern equivalent for a press kit. Rather than reading in deeply, many people, media included perhaps especially, will just google articles, publications, gauge the website really quickly for credentials for initial trust… Such as media mentions, organisation memberships, partners, the mere existence of scientific texts.
It’s good to have a well developed set of these “credibility indicators” that give a congruent, affirmative overall content aligning the core mission to confirm that the project is wort investing more time with.


Maybe it would be good addition to have couple speeches more in scientific conventions as well as getting interviewed a lot in general:

One special thing about FLDC is that it can reach out *much* further out than just crypto familiar crowds, where almost every other 2.0 project is pretty much forced to stay at. Every crypto enthusiast is likely to equally find content matching results from any outside world mention regarding a crypto project -  when searching or sharing content it makes not much difference. However when it comes to the people completely outside crypto currency interests a message closer brought to them of a “project being able to program money to find cures for diseases” is definitely going to peak some interest way beyond most alt projects ever can. The

I’m not suggesting to neglect the crypto world!
Knowing somewhat how markets work and the given market situation, a bit of an exposure explosion could be on it’s way even if you weren’t already coming out of the dev lab. The market at this moment will become reactive to new developments quickly.

For communicating there, it’s the familiar route of Polo Trollbox sessions, radio channel visitations etc. every now and then to keep the larger community up to date and thus reaching a bit for new folder base from within the crypto world. I really appreciate your market independent attitudes. A green flag for most investors so the trade remains stable after high.


When it comes to the markets if after next big peak of interest it stabilises with a lot of exchange still going on long after the peak, that’s usually great for projects that can handle the scale increase towards their back end systems well and more requests from the front. You've done just the right kind of work to be able to step on the next attention/volume(trade) level - Good luck guys!



PS. A TEDx speech could become within the realm of possibilities at some point. The project is a perfect fit for the TED format.

PPS. Is the coming marketplace first ever ebay type (so I remember) online shop for cryptocurrencies? If so, “shopping and curing diseases” would be double first! Cheesy
2  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] FoldingCoin - Mine for medicine, Scrypt and SHA256 ASIC proof on: September 05, 2015, 07:57:07 PM
---We would love to do this and that is what Jonas current focus is. After the marketplace is at a good spot i will be helping in the adovcation as well. I have some ideas floating around but any sort of strategies onto how we get more adoption would be helpful Cheesy


Hi, I'm going to reply to the rest soon, lost what I had already written...

I just have to quickly write about this idea as it comes.

I got introduced to Bitcoin originally by Max Keiser whose financial reportage show on RT can be seen on YouTube.
I've been really digging it every now and then as it's really the only financial news show that calls bankers sheisters, lmao!  Cheesy

He has been interviewing some promising crypto projects every now and then including Ethereum and MAIDSAFE guys.
Max is super pro cryptos and sees them as a big promise for future.
Probably needs no introduction even.

I'm quite damn sure that he would be interested in FoldingCoin if you got a hold of him.
3  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] FoldingCoin - Mine for medicine, Scrypt and SHA256 ASIC proof on: September 04, 2015, 06:14:13 PM
FLDC is not listed on www.cryptocoincharts.info btw.
And if I try to find FLDC on http://coinmarketcap.com it comes up with a direct search, but I can't find it on the list Huh

A lot of first time lookers check out coinmarketcap.com as a first validity check for an alt coin being legit, so being findable there will help a great deal!
4  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] FoldingCoin - Mine for medicine, Scrypt and SHA256 ASIC proof on: September 04, 2015, 04:51:28 PM
I have been supporting Folding coin for some time now. This project is one of the most constructive in the ecosystem since it really contributes to scientific research. Folding coin is proof that PoW can be used by for something really useful

True that!

I've been following FLDC since last February and if I would recommend a crypto to invest asap for somebody it would definitely be FoldingCoin.

There are couple things I'd like to point out.

As the back-end gets solid needing less active human maintenance (already done work) and the marketplace gets done, there might be some time left over to expand. In that case maybe it could be a good thing to also start bringing folding@home into a wider awareness, once the "preparing" stages are complete.

I've understood that folding@home is somewhat semi-official for Stanford, but not completely (yet?)...
I'd think that if you guys could get a more official status for the project, it could be noted in the radar of science publications, magazines, medical professionals etc. audiences rather directly. In this way FLDC is sort of a flagship at the moment.

Quite many people have at least heard of Bitcoin these days too and FLDC has tons of legitimate say of making the mining (folding) process useful.
The timing starts to be right on alt footsteps.

Also alternatively so many are apathetic how corrupted and inefficient fiat world is, therefore it's not a long stretch to become inspired with the idea that it's possible to make currency do beneficial tasks on it's own instead of trusting some magical invisible hand acting for the favour of... well, humanity.
Right now it looks like a fist pounding in the face of near everyone.

There I definitely see a future where the kind of money you use itself is a direct "vote", an direct action (instead of having a machine made of people with no accountability i.e. bank+govt's) towards what you want to achieve with your money in super forward fashion.

That being said, FoldingCoin, as a project and an operation might seem small, but it wears big shoes.

FLDC in principle is very understandable for non-tech people in it's mission - using it to find cures for diseases.
This is serious issue for even the good projects with the typical Bitcoin 2.0 functionality... Try understand that as an outsider! Cheesy or rather  Sad

I see the whole issue of cryptos kind of the same as Nokia vs. Apple.
Nokia was there long before Apple got into phones, but Nokia kept itself a sort of more engineer bias company. Therefore in the critical time when there were TONS of different phones on the market, Apple came out of the woodworks with a very simple solution that did what most used a phone for. Nokia almost plummeted completely. They forgot that to the casual end user a kind of no-brain simplicity is utmost of importance.
The gadgetry most cryptos try to do is somewhat futile in the big scheme likewise.
Engineers/Technicians pitfall - Creating to your peers instead of realising that if an average person is dumb, half of them are even dumber. Technically speaking of course  Grin
Therefore, if you trust your end user to be technically proficient the table is never turned towards you until someone with more simple (or stupid) will guide attention away. It's very simple, but almost impossible for countlessly many programmers and developers to see.

I'm going to this direction because even as a somewhat tech oriented person, I found the act of starting to fold just a tad bit too difficult with the lack of time (and laziness) I usually have. Many people lack any kind of confidence whatsoever in any under the hood situation and give up the instant the page they are supposed to read seems too long and technical. That's where most people will drop the ball. And will never return.

Hence, given the potential burst of new users once the silent period is over, I'd love to see a dummiest way possible to fold in the future as well as the current one for (tech peeps). I'd mentally benchmark easy usability as a somewhat non techie being able to start folding and get rewards going (normal delay of receiving allowed!) within the same burts of first inspiration. People rarely come back after the first excitement, but they also can't hold their excitement (and sharing it to the world) if they can do it on the first go.

There's also a scenario where folding@home would find a cure...
That event would open floodgates and then it would be highly beneficial to have it super simple.

As you can see, I already see a lot of mainstream break (read: getting mentioned) potential with FLDC as it's a very sensible project.
And damn... Such enthusiastic, devoted and friendly attitudes you guys have + the people in this thread!
Thumbs up!

PS. Yes to the vote for rewarding long term folders. No brainer decision if there are no reasonable (or at all) objections!
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!