Mine for Medicine, Not Hashes
FoldingCoin - FLDC helps battle diseases like cancer and Alzheimer by contributing to the Stanford's Folding@Home network. FLDC is a coin that rewards volunteers for contributing to this initiative. FoldingCoin is distributed on a daily basis, based on the individual contributions. This new currency can be transferred from person to person using the Bitcoin blockchain and the Counterparty protocol. Please visit our tutorial page for guides on setting up FLDC and FAH.
Folding@home is a long running project (2000) from the folks of Stanford University that lets your spare CPU or GPU simulate complex protein folding. The results of all this distributed computation is tabulated and analyzed, to help new find new medicines and cures to be derived to some of the worst diseases faced by man. But there's a problem. There's no reward for sharing your computer cycles in this way. You can join a team and you can earn points, but there is no profit motive to help with research.
With 2 simple steps, you are earning FLDC
Advantages FLDC & Counterparty
- BTC miners hash the blocks for the transactions
- Continued innovation by Counterpart developers
- No TXs mining required
- No inflation
- Algorithm: Stanford Folding
- Amount: 1,000,000,000 FLDC
- Daily pay-out: 500,000
- Coin halving: 1000 days
- Distribution: LTB distributor
- First Distribution:July 14 2014
- Fundraiser: 10,000,000 (10BTC)