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Topic: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0 - page 94. (Read 473656 times)

hero member
Activity: 742
Merit: 500
Hashing algorithms are not involved in protein folding, and it is well known you can't use protein folding as a PoW system.
Can you elaborate please, I actually am not sure from that statement if you are against the idea of FLDC or not, but I would love to defend our case and try to show you the value of using Protein folding as a form of POW (obviously its not POW in the same manner that a traditional alt is)
newbie
Activity: 28
Merit: 0
Hashing algorithms are not involved in protein folding, and it is well known you can't use protein folding as a PoW system.
hero member
Activity: 742
Merit: 500
We have now set 3 record days in a row and we have gained 1000 twitter followers, things are looking good today Smiley
hero member
Activity: 742
Merit: 500
is it a new record today ? 9.5 Mega points
Yes it is Smiley I am just about to post that on twitter. It is only 9.2, but that is still fantastic!
legendary
Activity: 924
Merit: 1000
is it a new record today ? 9.5 Mega points
hero member
Activity: 742
Merit: 500
Mining for Medicine looks like a good concept.

The only problem is.. we never heard anything good... They claim to use ur power for research but we never get any results. I started folding@home 1 year ago, still nothing.. I quit after a few months because it looks like 1 fake thing. If i'm wrong i'm sorry for the people behind this business, but i'm out.
You can find a list of all the work that has been accomplished here http://folding.stanford.edu/home/papers

You trust a plumber to do the right thing in the correct manner when he comes to your house. You cant possibly know if he is doing the right thing as plumbing would not be a profession of yours. The way you can find out if he is doing the right work would possible be through word of mouth and other customer reviews.

The papers that are in that link I am not going to lie to you, are way over my head. I do not fully understand what is being done, I just know the 101 version like many of you. We have talked with some other bio chemists about the work and they think its great and they approve. But unless you understand the papers in the link, it would be unfair to say that FAH isnt doing anything.... Think of them as your plumber Smiley

And like the plumber, we would need to use a source comparable to "Angies list" for other people to tell us about how they do, not what they do precisely. Here https://folding.stanford.edu/home/awards/ is a list of awards that they have on their website that they have achieved from  respectable organizations but the one I can recognize is found here http://blogs.nvidia.com/blog/2014/11/24/nvidia-foundation-awards-400000-to-two-teams-pioneering-cancer-research/ its an award from Nvidia.

Now Nvidia is up my alley, they trust that FAH is doing good work so therefor I trust their judgement. Communities relay on other peoples professions and the trust that we must put into them. As a data specialists I once told a customer not to run a data line on his own at 400 feet as signal will be dropped and data can only go 300 feet on cat 5e. I told him he needs a repeater or fiber. He didn't listen, he thought it was just like cat 3 (he was an old school pre-cat 5 phone guy) and it could go 1000 feet. Sure enough I was out there 3 weeks later installing an second cabinet for networking equipment.

Moral of the story, its good to do due diligent on things you are looking to support, but trust the good sources and take their word for it. 
legendary
Activity: 924
Merit: 1000
i don't see how other POW algorithm is any better
X11 is not useful to mankind...
with this one, at least there is a chance it will be used for scientific research.

distribution is only using F@H points as POW, instead of useless algorithms
legendary
Activity: 924
Merit: 1000

Mining for Medicine looks like a good concept.

The only problem is.. we never heard anything good... They claime to use ur power for research but we never get any results. I started folding@home 1 year ago, still nothing.. I quit after a few months because it looks like 1 fake thing. If i'm wrong i'm sorry for the people behind this business, but i'm out.

they claim it helps with research

but you have a point.. i didn't see any real results which is accessible to view, of our work.
I was also Folding and using boinc a little bit, before bitcoin started
hero member
Activity: 644
Merit: 500
Mining for Medicine looks like a good concept.

The only problem is.. we never heard anything good... They claime to use ur power for research but we never get any results. I started folding@home 1 year ago, still nothing.. I quit after a few months because it looks like 1 fake thing. If i'm wrong i'm sorry for the people behind this business, but i'm out.
hero member
Activity: 742
Merit: 500
The distribution server has about 5,000 blocks to go until it is fully updated. At that time all the funds from 12/8-12/11 Should distributed in order to all Folders. Once again we apologize for the delay but servers need upgrading once in a while Smiley Please thank the guys over at LetsTalkBitcoin! for their hard and dedicated work
hero member
Activity: 742
Merit: 500
Top 100! http://folding.extremeoverclocking.com/team_summary.php?s=&t=226728

(of course this doesn't include everyone who's folding but still...)
Its still very exciting! Also I realized everyone is not on twitter so I forgot to post here: The past 2 days the distribution server has been going through an update. Hopefuly it should be done today and the last 3 days (including today) will be paid as soon as it gets running. Thank you all for your patience.
hero member
Activity: 742
Merit: 500
Very nice concept. I was surprised when I saw FLDC and FLDCVOTE in my counterwallet. Keep up the good work!
Thank You Smiley

Also as an FYI to everybody, crypto-trade just sent me an email so I am in direct communication with them to help get FLDC active on their exchange. I will follow up as soon as i have more information but FLDC is still set to be tradable on that site
sr. member
Activity: 461
Merit: 250
Very nice concept. I was surprised when I saw FLDC and FLDCVOTE in my counterwallet. Keep up the good work!
hero member
Activity: 742
Merit: 500
any exchanges running this?
The above comment just answered this Smiley
sr. member
Activity: 280
Merit: 250
scams hunter!
any exchanges running this?
hero member
Activity: 742
Merit: 500
@very good project you have here, are there any exchanges apart from masterxchange and counterparty that trade FLDC?
This is something we have been working on but the short answer in no at this time. You can vote for FLDC to get on https://askcoin.net/votes and on https://c-cex.com/?id=vote and it recently won on the https://crypto-trade.com/voting but they seem to have not added it yet. I am trying to contact them to find out what is going on.

Thank you for the kind words as well Smiley
hero member
Activity: 1568
Merit: 507
@very good project you have here, are there any exchanges apart from masterxchange and counterparty that trade FLDC?
legendary
Activity: 924
Merit: 1000
newest Linux drivers for AMD are working fine with folding@home...
I didn't know that
now folding with some more power Smiley
I guess no more X1* coins for me, for now
hero member
Activity: 742
Merit: 500
We have been moving over to our new website tonight, check it out http:/foldingcoin.net

Some links in this forum and other sources may be broken right now, so please be patient as we go through and try to fix all of these
hero member
Activity: 742
Merit: 500
I don't understand how ICO coins get so many BTC, they don't bring anything new... hash and dump.
and the crowd sale of FLDC was not eaten yet ?

something is very wrong
Well the big thing here is I feel we marketed the crowdsale improperly. This is not an ICO but rather a "donate to FoldingCoin Inc and we will give you FLDC in return" kind of idea. All the coins sold in the crowdsale have been earned by the developers folding hardware and not an initial offering. So when people see this, they know they can get them cheaper off of Masterxchange or CP exchange so they tend to buy there.

We are working on better verbage for the site so that way people know its more of a donational thing, because I would actually preferr people to buy directly off the folders to help pay for the electrical costs that its takes to run their hardware.
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