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Author Topic: Altcoins and distributed computing projects  (Read 761 times)
gambit1 (OP)
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July 21, 2013, 02:23:55 PM
 #1

I wonder what relationship cryptocurrencies could have to distributed computing projects like folding at home http://folding.stanford.edu/ or SETI. A lot of underused mining power could be used for useful projects such as this.
Birdy
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July 21, 2013, 02:40:22 PM
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It's not that easy to do that, I guess.
Mining is not computing power that could be used in all ways you want, it needs to have similar traits to the math problems that are solved right now in mining.

Primecoin is trying to do that right now (I don't know how useful the results are though).
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July 21, 2013, 03:59:17 PM
 #3

This argument is cyclical, too cyclic. Periodically someone open a thread asking if mining power can be used for projects like Folding or SETI (and only these 2 projects, NEVER other projects, never)

As always the answer is no.

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July 21, 2013, 04:08:34 PM
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This argument is cyclical, too cyclic. Periodically someone open a thread asking if mining power can be used for projects like Folding or SETI (and only these 2 projects, NEVER other projects, never)

As always the answer is no.
You seem very sure. As mentioned above, while Primecoin does not give ground-breaking results, it's still different than Bitcoin(apart from re-used source code). So yeah, you have no proof that it can't be done.

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gambit1 (OP)
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July 21, 2013, 05:20:44 PM
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That's told you Gabi  Cheesy
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July 21, 2013, 09:44:09 PM
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That link also speak only about seti and folding. It seems only these 2 projects exists in the world.


gambit1 (OP)
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July 21, 2013, 10:06:46 PM
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If you want to raise other projects then go for it, I won't stop you. I was only using them as examples because they are well known.
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