[ANN] FLDC: FoldingCoin - Mine Medicine!

WHAT IS FOLDING?
Folding uses your computer to simulate how proteins fold in your body. This is the Folding@home project developed by Stanford University. Anyone's everyday laptop, PC, or Mac can produce meaningful research results, but the stronger your computer is, the more credits will be produced. Medical and scientific researchers use the simulated proteins to find new advances in medicines.

Donors to Folding@home have always received a "feel good" high score on a web page. They are helping create medicines without doing anything other than running a program. But there were no tangible rewards. Until now.

Using Bitcoin 2.0 technology, we have created a "FoldingCoin" token (FLDC) that is distributed to you as a reward for folding. This is a new currency that can be transferred from person to person using the Bitcoin blockchain and the Counterparty protocol.

FoldingCoin is valuable because it represents time and resources you contributed to research new medicines. Our team is working on getting this new currency on select cryptocurrency exchange sites, so that people who are not folding can buy the token from you to support your computer folding time.

Check out our web site - http://www.foldingcoin.net

-James

I think this is one of the best possible uses for GPUs that can no longer hack it in the Scrypt-mining game. By dealing with the economics, perhaps it won’t require being driven by 100% altruism or ego among the actual folders but will instead turn into legitimate funding for scientific research. While it’s traded at Masterxchange.com, the DEx could use more activity on FLDC.

We have deployed some new code to the FoldingCoin Distribution Calculator. This update will begin to allow folders to be on any Folding@home team, not just 226728. This has been a feature in high demand, so we are pleased to provide it.

If you want to move to another team, or add a friendly name in addition to the Counterwallet address we have used up to now, follow these steps:

-Generate a NEW Counterwallet address. This is free in the Counterwallet web app. There is a big blue button in the upper right portion of the app “Create New Address”.

-It is VERY IMPORTANT that you use a new address, as your FAH public stats will start over at zero. If you don’t change your address, you will not get any FLDC until the new user name catches up to the credits accumulated by the old address.

-In your folding rigs, change the user name to “Name_FLDC_WalletAddress”. There are no spaces allowed. But do use the underscores, as illustrated before and after the “FLDC” marker.

-The new shapshot code will search every folder for FLDC and if it finds it, it will add that folder to the snapshot, which is required in order to pay FoldingCoin.

-Here is an example of a FAH user name that will work: “FBSoulMan_FLDC_1DTH9UNSZHSCMMTUkzEv57AkemxmUuXjiN”

-You can now change to a new team, as long as your FAH user name contains FLDC followed by a valid Counterwallet address.

-It is important to note that the previous snapshot method still works, so if you want to keep doing it the old way, you don’t have to make any changes. No new wallet address, nothing.

-But if you do want to do it the new way, you MUST use a new wallet address.

Please let Robert or myself know if there are any issues, either on the forums or via the contact info on our signatures.

I think this is one of the best possible uses for GPUs that can no longer hack it in the Scrypt-mining game. By dealing with the economics, perhaps it won't require being driven by 100% altruism or ego among the actual folders but will instead turn into legitimate funding for scientific research. While it's traded at Masterxchange.com, the DEx could use more activity on FLDC.

It is a great use for GPU power, thank you very much :slight_smile: We are trying to get on more exchanges but many are not interested right now. We still continue to have talks with Melotic every so often and would love to get on their exchange. The big ones we are trying for still. You can go to https://crypto-trade.com/voting or https://c-cex.com/?id=vote and vote to get on those exchanges. Crypto trade is coming a long way, but c-cex def needs help right now. Just create a username and log in and vote.

I think this is one of the best possible uses for GPUs that can no longer hack it in the Scrypt-mining game. By dealing with the economics, perhaps it won't require being driven by 100% altruism or ego among the actual folders but will instead turn into legitimate funding for scientific research. While it's traded at Masterxchange.com, the DEx could use more activity on FLDC.

It is a great use for GPU power, thank you very much :slight_smile: We are trying to get on more exchanges but many are not interested right now. We still continue to have talks with Melotic every so often and would love to get on their exchange. The big ones we are trying for still. You can go to https://crypto-trade.com/voting or https://c-cex.com/?id=vote and vote to get on those exchanges. Crypto trade is coming a long way, but c-cex def needs help right now. Just create a username and log in and vote.