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Author Topic: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0  (Read 451082 times)
FoldingCoin
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September 13, 2014, 06:52:32 PM
 #1

FoldingCoin - FLDC
Mine Medicine, Not Hashes


WHAT IS FOLDING COIN?


FoldingCoin is a rewards program that distributes reward tokens (similar to a retail store point program) to participants of the global Folding@home network. You earn FLDC by downloading our official Folding Browser created to get you set up easily. The FoldingBrowser will set up Folding@Home, FoldingCoin, and even CureCoin is another digital currency with a similar mission as FoldingCoin, but a different means of accomplishing it. You can earn both CureCoin and FoldingCoin by using the FoldingBrowser.


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Technical specifications
Wallets
FLDC
Algorithm: Stanford Folding
Amount to be Folded: 900,000,000 FLDC
Amount for development: 100,000,000 FLDC
Daily pay-out: 250,000
Payout is done monthly: Daily Payout amount X Days in the month
Coin halving: 1000 days
Distribution: Tokenly Bitsplit
First Distribution:July 14 2014
Counterwallet
Distribution wallet
Development Funds
Foldingcoin.net
GitHub
FoldingCoin Installation Browser
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Exchanges
Social
Links
Project Information
Counterparty DEX
Poloniex
Bittrex
Discord
Twitter
YouTube
Monthly Public Meetings
CoinMarketCap
Stanford Folding
Sister Coin - Curecoin
Distributions of FLDC happen on the first Saturday of every month
Public Meetings are on the first Saturday of each month
Next FLDC rewards halving is in April 2019


What is Folding?
Folding@home is a long running project (2000) from the folks of Stanford University that lets your spare CPU or
GPU simulate complex protein folding. The results of all this distributed computation is tabulated and analyzed,
to help find new medicines and cures to be derived to some of the worst diseases faced by man. But
there's a problem. There's no reward for sharing your computer cycles in this way. You can join a team
and you can earn points,
but there is no profit motive to help with research.




How to start Folding
The easiest way to begin folding is by downloading our open source "Folding Browser". This will not only bring you through the steps to ensure your setup is accurate, but it will also allow for you to begin earning CURE from our sister coin Curecoin.

Advantages FLDC & Counterparty
BTC miners hash the blocks for the transactions
Continued innovation by Counterparty developers
Shares a wallet with Bitcoin and all Counterparty Tokens
Secured by Bitcoin Miners

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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September 13, 2014, 06:53:10 PM
 #2

Interesting and admirable cause, but the crowdfund is far overvalued in my estimation.
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September 13, 2014, 06:54:01 PM
 #3

Good luck

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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September 13, 2014, 06:55:11 PM
 #4

1
Nice Smiley Please anyone email me at rross@foldingcoin.net for coin questions. I will also be actively on this forum. We have been very active on the LTB forums for the past 2 months so go to http://letstalkbitcoin.com/forum/post/asic-proof-altcoin-on-counterparty?page=1 for our original thread

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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September 13, 2014, 06:56:44 PM
 #5

Interesting and admirable cause, but the crowdfund is far overvalued in my estimation.
I agree that it is overvalued, but we have the developer from the LTB website that is looking to do a complete overhaul of our website for only 6 BTC. 4 of the other BTC will be for distribution, and the last 10 will be for advertising. Its something to help get us off the ground, so far all cost are covered by myself and James our lead dev. The current value at masterxchange is 0.00000105

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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September 13, 2014, 07:09:10 PM
 #6

Mining for Medicine looks like a good concept.

FoldingCoin
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September 13, 2014, 07:12:45 PM
 #7

Mining for Medicine looks like a good concept.
It is something that was very attractive to me once i first turned off my rigs in March due to the ASIC scrypts. It gives a chance for your energy not to be wasted either. We believe that we could potentially triple the FAH network with all the altcoin miners out there who can no longer turn a profit with GPU mining on altcoins. We are calling it "proof of useful work"

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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September 13, 2014, 07:20:27 PM
 #8

good luck, like the idea

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September 13, 2014, 07:25:30 PM
 #9

Very nice! I really like reading about how you plan to setup the "Off-Chain Distribution System".
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September 13, 2014, 07:29:53 PM
 #10

Very nice! I really like reading about how you plan to setup the "Off-Chain Distribution System".
Thank you Smiley The man selected for the job is @cryptonaut from the LTB network, he setup their distribution system for LTBcoins and their website http://letstalkbitcoin.com/

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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September 13, 2014, 07:38:32 PM
 #11

Where are the previous payout logs?
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September 13, 2014, 07:40:01 PM
 #12

Where are the previous payout logs?
All of the information about distribution can be found at http://foldingcoin.net/index.php/distribution-history/ and the detailed log of each participant can be found at http://foldingcoin.net/FLDC-Daily-Payout-Summaries/last7days.html

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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September 13, 2014, 08:00:23 PM
 #13

Here is a blog we wrote covering the story and vision behind FLDC http://letstalkbitcoin.com/blog/post/foldingcoiu

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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September 13, 2014, 08:17:27 PM
 #14

Excellent cause. I'm throwing a BL 30 gh/s and two Radeons your way.
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September 13, 2014, 08:26:30 PM
 #15

Excellent cause. I'm throwing a BL 30 gh/s and two Radeons your way.
That's awesome news! I know the radeons will work very well, but is the BL 30 you're referring to an asic miner? If so asics will not work

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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September 13, 2014, 08:34:19 PM
 #16

looks interesting project, will see how it works   Wink

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September 13, 2014, 09:14:02 PM
 #17

looks interesting project, will see how it works   Wink
My favorite thing about this project is it has been great in getting my peers who are not in the BTC space or mining, to actually see a use for a crypto currency. I have gotten 3 friends who have never had an interest in BTC start participatin in FLDC since it helps humanity. This project can get the general public used to using cryptocurrency without having to buy bitcoin

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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September 13, 2014, 09:18:45 PM
 #18

I will definitely be watching this one. The concept is interesting and the cause is a good one.

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September 14, 2014, 01:24:32 AM
 #19

I will definitely be watching this one. The concept is interesting and the cause is a good one.
Thank u and let me know if there is anything I can do to help you along the way. A good graph to watch our progress is http://folding.extremeoverclocking.com/team_summary.php?s=&t=226728 it has graphical layouts of folding production

Robert Ross - FoldingCoin Inc Administrator, Board Member -
FLDC Twitter: @foldingcoin - Skype: foldingcoin - Email: rross@foldingcoin.net - Join the Discord: Join Link My handle is @pooktwo#7260
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September 14, 2014, 01:32:41 AM
 #20

Can you fold with any computer or do you need a powerful one?
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