Topic: FoldingCoin - New coin that helps science and medicine - page 2. (Read 17633 times)
one another rubbish,no new
Do we now have an estimated value in terms of BTC for this cryptocurrency? How about an exchange (outside of counterparty)?
i will mine this coin looks good!!
I can't find FLDC in any exchange, even in the Counterwallet crappy internal exchange.
i think the coin is delisted from every exchange.
So apparently Counter Party lost and/or didn't save the wallet address I created so I lost 26 hours worth of mining. This needs its own wallet NOW.
Counterwallet generates a 12 word seed. You must remember this (ie write it down). It is not saved on any server or on your computer. If you lose the seed you lose your account.
Alternatively you can select a password + custom URL. But the same logic applies: you must remember password + URL, otherwise you permanently lose access.
You may have typed one word wrongly. Therefore you generated another address when you logged back in.
FLDC can be stored on any Bitcoin address. To view your balance, use blockscan.com. To transfer your FLDC you need to import them to Counterwallet first, which is simple if you know the private key.
I setup a quick access code to avoid that issue. Had added a secondary wallet and it was gone. Initial wallet was still there as I had the address copied and it was the same.
Regardless of other wallets that can be used, for this coin to be taken seriously at all it needs its own wallet
So apparently Counter Party lost and/or didn't save the wallet address I created so I lost 26 hours worth of mining. This needs its own wallet NOW.
Counterwallet generates a 12 word seed. You must remember this (ie write it down). It is not saved on any server or on your computer. If you lose the seed you lose your account.
Alternatively you can select a password + custom URL. But the same logic applies: you must remember password + URL, otherwise you permanently lose access.
You may have typed one word wrongly. Therefore you generated another address when you logged back in.
FLDC can be stored on any Bitcoin address. To view your balance, use blockscan.com. To transfer your FLDC you need to import them to Counterwallet first, which is simple if you know the private key.
Inside your counterwallet on the left side, click on the exchange link 
On that page you can make buy and sell orders. The more people do that the more exchange options will be available on counterparty decentralised exchange platform that is using Bitcoin's blockchain security.
To be honest, using counterparty to issue the FLDC asset is pretty awesome!
On that page you can make buy and sell orders. The more people do that the more exchange options will be available on counterparty decentralised exchange platform that is using Bitcoin's blockchain security.To be honest, using counterparty to issue the FLDC asset is pretty awesome!
I can't find FLDC in any exchange, even in the Counterwallet crappy internal exchange.
So apparently Counter Party lost and/or didn't save the wallet address I created so I lost 26 hours worth of mining. This needs its own wallet NOW.
oh and yes, buying FLDC from other people helps to increase the value, which in time will help to increase the amount of people who wish to fold 
The difference between us and curecoin is as follows:
The reasons we feel we have the upperhand on curecoin (and gridcoin) are as follows (also below discribes another grid computing community call BOINC http://boinc.berkeley.edu/ that we initially looked at helping):
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.
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 an opinion though and i do love many of the BOINC projects)
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
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.
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.
The difference between us and curecoin is as follows:
The reasons we feel we have the upperhand on curecoin (and gridcoin) are as follows (also below discribes another grid computing community call BOINC http://boinc.berkeley.edu/ that we initially looked at helping):
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.
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 an opinion though and i do love many of the BOINC projects)
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
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.
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.
Idea is great, but I think this is unneeded. Curecoin and others are still on.
The value of FLDC will work like any other altcoin, the value will increase as more people obtain them and start to buy/sell them. However we are trying to actively develop this coin to be a MeetUp.com currency so that way it has a real world use, more is to come with this idea in the next few weeks.
As for the incentive to folding, yes, until now if you folded with stanfords program, you only received a stats page that showed how you were doing in comparison to other folders. With a FLDC token it proves you folded and you now have a coin that is transferable to others which in my opinion has more opportunity to become something other than bragging rights.
in the future we will do a crowdfunding opportunity to people giving FLDC for BTC and all BTC will be used to fund our project. currently we are waiting to do this because we have enough funds for the next few weeks and we want it to be more known before we do this. The FLDC sold in this crowdfunding will be from our personal FLDC because the only way new FLDC can be obtained is by folding.
Just to clarify because i dont fully understand your last part: Folding with us does not make the folding more efficient, but if you fold with us then you receive FLDC in addition to your credits earned through folding.stanford.edu
As for the incentive to folding, yes, until now if you folded with stanfords program, you only received a stats page that showed how you were doing in comparison to other folders. With a FLDC token it proves you folded and you now have a coin that is transferable to others which in my opinion has more opportunity to become something other than bragging rights.
in the future we will do a crowdfunding opportunity to people giving FLDC for BTC and all BTC will be used to fund our project. currently we are waiting to do this because we have enough funds for the next few weeks and we want it to be more known before we do this. The FLDC sold in this crowdfunding will be from our personal FLDC because the only way new FLDC can be obtained is by folding.
Just to clarify because i dont fully understand your last part: Folding with us does not make the folding more efficient, but if you fold with us then you receive FLDC in addition to your credits earned through folding.stanford.edu
Very good project
I've started folding proteins and wrote about it on my blog.
http://jpja.net/2014/08/how-counterparty-can-cure-disease/
If I understand correctly FLDC has no value in itself. Where it does add value, however, is that it creates a more efficient way of donating to medical science. Say that I want give a few dollars to the project. I can buy FLDC in Counterwallet's DEX. This rewards the "miner" who earned FLDC initially, thus incentivizing protein folding.
The great benefit is that I, prior to FLDC, had to run the software on my slow laptop, whereas I now can donate to much more effective GPU operators.
Did I understand it right?
I've started folding proteins and wrote about it on my blog.
http://jpja.net/2014/08/how-counterparty-can-cure-disease/
If I understand correctly FLDC has no value in itself. Where it does add value, however, is that it creates a more efficient way of donating to medical science. Say that I want give a few dollars to the project. I can buy FLDC in Counterwallet's DEX. This rewards the "miner" who earned FLDC initially, thus incentivizing protein folding.
The great benefit is that I, prior to FLDC, had to run the software on my slow laptop, whereas I now can donate to much more effective GPU operators.
Did I understand it right?
Is cure coin dead? Damn!
people only want to help their portfolio
Thank you all for your support we now have a code developed that will pay the coins out daily and we will start that this Sunday. Also it is a great thing to not let your GPUs sit idle but rather help support science and with our development coming along, this coins should hopefully be on exchanges soon
we now have a code developed that will pay the coins out daily and we will start that this Sunday. Also it is a great thing to not let your GPUs sit idle but rather help support science and with our development coming along, this coins should hopefully be on exchanges soon
I will support this project, better using GPU for supporting science than let it be idle all the time.
if you tired of scam right now, this is better one to get in to. no ASIC right now and use GPU for something better use.
how long it takes to shows address on stat page?
You need to send a complete working unit back to standford first, then later you show up on the stat pages.
A wu can take hours or days .... you have to check that in you GUI of your folding software.
//Aboy68
how long it takes to shows address on stat page?
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