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Accepting LTBCoin for FoldingCoin (FLDC)

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• pooktwo

  

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  @cyrusfx I'm sorry if this information is available elsewhere, I couldn't find it, but I'm wondering if there's any way to get the "Advanced Client" for FLDC to recognize ASIC devices. So far I just have 2 CPUs slowly folding away on 2 different projects.

  Is there a link available that explains how to configure the FoldingCoin client to recognize mining hardware? Thanks!

  Cyrus

  Unfortunately this is not possible. Remember, ASIC stands for "Application SPECIFIC Integrated Circuit". The applications that the mining ASICs use is either Scrypt or SHA256.

  Folding uses different applications that are far more advanced than just a single algorithm. There is a folding ASIC out there called "Anton Supercomputer" but it is expensive and not readily available to the public, but who knows, If folding gets as popular as bitcoin, there will be a need for it to come in economy size. Because before bitcoin, SHA256 never would have needed to go that fast.

  Posted on October 9, 2014 at 1:08 PM
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• Cut

  

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  any body

  help me to find FLDC adress ,

  i cant found it :(

  Posted on October 11, 2014 at 4:44 PM
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• Invullx

  

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  how does this coin work?

  Posted on October 11, 2014 at 5:11 PM
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• pooktwo

  

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  @cut any body

  help me to find FLDC adress ,

  i cant found it :(

  Your FLDC address is gonna be your counterparty address. Just head over to https://counterwallet.co and create a new address.

  @bitmaster how does this coin work?

  You can find a lot of information on the coin if you go to our website http://foldingcoin.net but if you could be more specific i would love to answer the question :)

  To give you a summary of how it works though, Instead of mining on a traditional blockchain such as litecoin or dogecoin, you point your power over to the stanford Folding@home project that uses your computational power to help in the development of medical research. Adding team 226728 as your folding team and using your counterwallet address as your username we will then pay you your share of FoldingCoin for that day.

  We distribute 500k a day and divide that by the total team credits for the day, then that determines how many FLDC get paid per each FAH credit. http://foldingcoin.net/index.php/project/distribution-history/

  Let me know if you have additional questions :)

  Posted on October 11, 2014 at 7:55 PM
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• Invullx

  

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  So do you buy foldingcoins on this thread? Sorry was so confused.

  Posted on October 13, 2014 at 10:48 PM
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• pooktwo

  

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  @bitmaster So do you buy foldingcoins on this thread? Sorry was so confused.

  I believe @cyrusfx started this thread for that purpose, but it probably will be done in private message on LTB between you and whoever wants to buy them

  Posted on October 14, 2014 at 6:56 PM
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• Invullx

  

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  @pooktwo

  @bitmaster So do you buy foldingcoins on this thread? Sorry was so confused.

  I believe @cyrusfx started this thread for that purpose, but it probably will be done in private message on LTB between you and whoever wants to buy them

  Ok, thanks for explaining.

  Posted on October 14, 2014 at 9:50 PM
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• cyrusfx

  

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  @bitmaster So do you buy foldingcoins on this thread? Sorry was so confused.

  Yes, actually I sold almost my entire lot for other coins, and the old order expired, but I put up a new offer on the Counterwallet exchange if you want to take a look at it. The pairing is LTBCOIN/FLDC

  Posted on October 14, 2014 at 11:46 PM
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• Invullx

  

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  @cyrusfx

  @bitmaster So do you buy foldingcoins on this thread? Sorry was so confused.

  Yes, actually I sold almost my entire lot for other coins, and the old order expired, but I put up a new offer on the Counterwallet exchange if you want to take a look at it. The pairing is LTBCOIN/FLDC

  Sure I'll take a look at it. I have some XCP, I might sell those.

  Posted on October 14, 2014 at 11:53 PM
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• cyrusfx

  

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  @bitmaster

  Sure I'll take a look at it. I have some XCP, I might sell those.

  Yeah you can usually get a pretty decent rate for XCP there. Unfortunately there is a bit more competition now and the direct BTC/XCP trades are still slow or nonexistent, but I recommend trading XCP for XBTC, which can then be converted to BTC pretty readily and cheaply. Its one of the new features under "Quick Buy."

  Posted on October 14, 2014 at 11:57 PM
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