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FLDC.XCP - Alternative to GPU Mining

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  • pooktwo

    UPDATE: First coins have been released! Sometime this week my distribution of my coins will happen to whoever wants some, so leave your counterparty address in this forum if you want free folding coins! Also I have my consultation with Adam on Wednesday. I have already begun writing my questions down that I would like to ask him but does anyone want to shed some light on some things I should ask Adam? Good questions get you 10,000 foldingcoins :)

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  • pooktwo

    UPDATE: Thanks to John and James for joining the team! We have exciting changes coming in the next few weeks so stay tuned. To give a sneak peek, we are currently developing an idea to make Foldingcoin the choice money for Meetup.com groups. We will release a full post soon on what you can do with your FoldingCoins at Meetups after i speak at my local Indy Bitcoin tomorrow.

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  • FBSoulMan

    I thought I would post some news about FoldingCoin. If nothing else, give it a bump on the Let's Talk Bitcoin forum... :)

    Robert, John, and myself have been working quite closely this week to come up with a game plan. We have already achieved many of the initial milestones.

    The most public milestone is the launch of our re-vamped website - http://www.foldingcoin.net/

    Please visit and explore our materials, and get folding!

    This is no longer "1 guy on the internet". We have 18 folders (users running the folding software) and 3 development team members. We are also looking for more collaborators. Get in touch with Robert at [email protected] and we'll get you on the team!

    -James

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  • belltown

    Question: how hard is it to setup folding on windows machine?

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  • FBSoulMan

    @belltown Question: how hard is it to setup folding on windows machine?

    I thought it was pretty easy. Robert made a Step-By-Step walk through with full screen shots on our web site. http://www.foldingcoin.net/index.php/step-step/

    Try it out!

    -James

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  • irnhnve

    How is this different from Gridcoin since you are rewarding miners for the computer power they direct toward science projects? Not only that but Gridcoin lets you choose which project your computation power while be direct towards.

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  • godzfather

    What a great idea! I must check this out! ........My GPU is ALIVE!!!!

    Thanks so much!

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  • pooktwo

    Distribution has been paid out for this week. We now have a new Folder that has generated 14.5 million folding credits on his own getting him 2.2 million FLDC. Great job everyone!

    @irnhnve I would love to possibly expand this coin in the future to work with the BOINC network. A couple reasons that make us stand out are as follows:

    1. Gridcoin (and curecoin) have their own blockchain that they have to upkeep as for FoldingCoin utilizes the CounterParty protocol that is built ontop of Bitcoin. Basically you gain the power of the most secure blockchain that is Bitcoin instead of relying on an Altcoin chain that could potentially be 51% attacked.

    2. I did alot of research on BOINC before going with Folding@Home and although BOINC has some great projects on it, i feel the development behind Folding@Home is much further along and has more stability than a majority of the BOINC project. Also of all the grid computing projects thus far, Folding seems to be the most beneficial to society (that is obviously n opinion though and i do love many of the BOINC projects)

    3. Besides Bitcoin, Folding@Home has the largest grip computing network in the world http://en.wikipedia.org/wiki/List_of_distributed_computing_projects and is backed by Stanford University

    4. Since most Bitcoin miners invested primarily into ATI cards, Folding@Home makes it very simple to use ATI for their projects, as for BOINC has alot of NVIDIA projects and CPU projects but not many ATI.

    5. For the general user BOINC is not out of the box, it can be confusing for those that are not tech savvy. Folding@Home however is designed for anybody to be able to download and start Folding right away.
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  • irnhnve

    @pooktwo Distribution has been paid out for this week. We now have a new Folder that has generated 14.5 million folding credits on his own getting him 2.2 million FLDC. Great job everyone!

    @irnhnve I would love to possibly expand this coin in the future to work with the BOINC network. A couple reasons that make us stand out are as follows:

    1. Gridcoin (and curecoin) have their own blockchain that they have to upkeep as for FoldingCoin utilizes the CounterParty protocol that is built ontop of Bitcoin. Basically you gain the power of the most secure blockchain that is Bitcoin instead of relying on an Altcoin chain that could potentially be 51% attacked.

    2. I did alot of research on BOINC before going with Folding@Home and although BOINC has some great projects on it, i feel the development behind Folding@Home is much further along and has more stability than a majority of the BOINC project. Also of all the grid computing projects thus far, Folding seems to be the most beneficial to society (that is obviously n opinion though and i do love many of the BOINC projects)

    3. Besides Bitcoin, Folding@Home has the largest grip computing network in the world http://en.wikipedia.org/wiki/List_of_distributed_computing_projects and is backed by Stanford University

    4. Since most Bitcoin miners invested primarily into ATI cards, Folding@Home makes it very simple to use ATI for their projects, as for BOINC has alot of NVIDIA projects and CPU projects but not many ATI.

    5. For the general user BOINC is not out of the box, it can be confusing for those that are not tech savvy. Folding@Home however is designed for anybody to be able to download and start Folding right away.

    Very interesting, i'll have to look into this a little more. Thanks for the response!

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  • pairmike

    I'd like to receive some of those folding coins!

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