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  • Email: rross@foldingcoin.net
  • Real Name: Robert Ross
  • Location: Indianapolis
  • Website: foldingcoin.net
  • Bio:

    From 2007 until present Robert has been building out MDFs and IDFs for multi million dollar companies across the midwest and has managed hundreds of new construction IT build outs for various project sizes from small retail stores to large shipping distribution centers. Also during this time frame Robert has serviced hundreds of general IT service calls dealing with everything from broadband, to network upgrades, and everything in between dealing with copper cabling, security, fiber optics, and any commercial grade IT equipment maintenance. In between this time, Robert also spent 1 year acting as a Northern Michigan Red Cross IT administrator and has dedicated a small amount of time doing Linux server configurations for a small Indianapolis company.

    In 2013 Robert discovered Bitcoin and has spent every free moment dedicating time to advancing his knowledge in the field of cryptocurrency. From March 2013 until April 2014 Robert was a Bitcoin and Altcoin miner building up a mining farm consisting of 34 GPUs and 8 CPUs. Since mining on general computer hardware was no longer profitable for cryptocurrency mining, Robert co-founded FoldingCoin Inc in July 2014 with hopes of helping to redirect a large amount of the mining power that goes into altcoins to be better used towards Stanford's Folding@home project.

    Since FoldingCoin was well received in the cryptocurrency community, Robert decided in January of 2015 to go full time in the Counterparty community. Since the beginning of 2015 Robert has taken on the following roles:

    • Director of FoldingCoin Inc
    • Community director for the Counterparty Foundation
    • Host of the LTB podcast: “XCP Weekly Update”
    • Webmaster of XCPassets.org
    • Event coordinator to the Indy Bitcoin Meetup
  • Forum Signature:

    • Robert Ross
    • Director of FoldingCoin Inc
    • Community Director for the Counterparty Foundation
    • Skype: foldingcoin
    • Twitter: @pooktwoFLDC
    • FLDC Twitter: @foldingcoin
    • Email: rross@foldingcoin.net
    • Alt Email: foldingcoin.net@gmail.com
  • Bitcoin Tipping Address (This is not your LTBCOIN address): 18Emgn5f5Y6u2DEqWpcRGAxdP6veDvYtjb
  • Public Bitcoin Addresses:

User Activity

Forum Posts

  • Replies: 744
  • Topics: 48
  • Likes Received: 301
  • Re: Selling my Counterparty wallet with EARLY token

    @tintin Remember, this guy scammed me out of my early coin!

    Thank you all for your feedback, I figured $3.50 was worth getting another EARLY token. But you say he scammed you out of your early token? Is that the same one im trying to buy?

    Owner @Invullx please defend yourself

    Thanks

    Update Jan 22, 7:30pm Since the thread is locked we cant keep communicating here i guess, so please pm me. I would feel more comfortable if @Tintin responded with what had happened between you two and if every thing was OK. I will not access the PK yet until I know what had happened as I do not want to be in the possession of tokens that might be someone elses.

    I am not accusing anyone, but I need clarity. Also next time wait for me to respond, for security reasons you shouldn't have just sent the PK over the web like that. That is a very easy way for them to get stolen

    Thanks and sorry for this, I just need to make sure @Tintin doesn't feel wronged

  • Re: Selling my Counterparty wallet with EARLY token

    @invullx ill take a chance on it, never know what those early tokens will become :) 0.015 is fair, ill pay it. How do you want to do this?

  • Re: NXT enthusiast Marc De Mesel LTBc buyout offer declined.

    @adam

    @damelon

    Hello,

    I just got pointed in the direction of this thread. The email above is from one of the devs I asked to look into Tokenly. I contacted Adam after I saw the post by Marc go up and Adam's reply to it.

    I thought it wouldn't even be a conceivable idea to ask LTB to move over to Nxt, because that's simply not efficient. You don't throw away months of development to move to another platform.

    On the other hand, a "hybrid" solution is very nice. I firmly believe Nxt has a lot to offer to LTB and can be used to make what you have here stonger.

    Of course, and let's be honest about it, we would welcome the chance to show what our system can do, fór you. So, hopefully the mail above has tickled your fancy.

    Actually it might be interesting to have a conversation for the show about ways to integrate nxt into the platform, i'll think about that more.

    I would very much like to hear that as this conversation is interesting. Though I am more of a fan of Counterparty, NXT is a great platform with a lot of promise, but its wallet can be very confusing for non crypto savvy people. I like the simplicity of CP with the ability to build on it. NXT has everything in your face, which new comers to crypto will not like, so will simply disregard.

    Hell, i just set my mom up with a secure password generator KeePass, and of course I go over there and shes back to the excel sheet :) Imagine trying to get her on board with NXT

  • Re: Correction to LTBCOIN.com website and the end of the Auction paradigm

    @adam

    @pooktwo Sounds great, just to clarify about the Auction system as in the title it says "The end of the auction paradigm", you are not ending the auction program correct? Or are you replacing it with the vending machine?

    We're ending the exclusively booking through tokens sold via the auction platform.

    The last time we addressed this issue plublicly, the statement was this.

    "Effective July 1st, 2014 LetsTalkBitcoin.com, the Let’s Talk Bitcoin! show, and the LTB network will only sell sponsorship space (on the web properties) or airtime (on the show) for LTBcoin, to the highest bidder, in LTBcoin, at our regular auction events."

    The auction platform isn't going away and is on the roadmap for an upgrade in the next six months.

    Perfect, I havent used it yet to sell anything myself, but I have used to buy off of others. Its a very nice feature that I would hate to see go. Thank you all for your work :)

  • Re: ? FLDC = 1 BTC

    @adam @pooktwo we're setting up a LTBCOIN vending machine accepting a bunch of counterparty tokens and the question came up should we accept FLDC. Is there any reason we should accept it? Storj, SWARM, etc. all have viable reasons why they should perform well in the long term because they give access to a network.

    Do you have any plans to add redemption options or somehow give it value more directly another way?

    Absolutely :)

    So of the things we are working on, 3 come to mind that give FLDC direct value. It would be long to explain all so I will go over my favorite and that is "Merged Folding" being released Feb 5th. What Merged Folding is, is the ability to earn additional tokens in addition to FLDC for folding proteins. How is this done and why is this valuable?

    How its done - When someone decides to fold proteins, they now will have 3 different options to obtain various tokens. All a Folder will need to do is alter the prefix that they currently use in their FAH donor name. The current system for someone to earn FLDC is using a donor name that looks like this:

    • “usernameFLDC[CounterwalletAddress]”

    This system will still work and using this prefix will only grant you FLDC. If you wish to collect another coin for folding in addition to FLDC, then your donorname should look like this:

    • “usernameCOINSYMBOL[CounterwalletAddress]”

    This system will grant you FLDC and the chosen token only. Now if you want to receive all tokens now and in the future that are on our platform, then your donorname should look like this:

    • “usernameALL[CounterwalletAddress]”

    Why is this valuable - Merged Folding creates value for FoldingCoin (and the respective token) on multiple fronts. I will be using POWcoin for the examples here as they will be our first token on this platform, but we are excited to be in talks with another great coin that I cannot yet comment on.

    The first is value in earning TOKENS as a bonus. POW has had a hard time in gaining mining adoption as POW is only worth a satoshi or two. Nobody wants to mine something that will not give them immediate returns as most miners are in it for the profit and not necessarily the coin itself. Being on the FoldingCoin platform allows POW to distribute its tokens to an already established folding community to receive its tokens. And should the token fail, the folders will not mind, because they are still receiving FLDC and other future assets by folding.

    Value for helping small startup coins. POW has had a rough road in the past. The dev over there has spent most of his time trying to maintain his POWC blockchain that is basically a fork to Litecoin. He is not the most tech savvy guy in the world, so updating and securing a blockchain is a full time job should you want your coin to succeed. But he is a crypto enthusiast which I respect, and he has a neat idea of having a coin that is used for comics. Will he succeed, depends on his dedication. But what our platform will empower is the ability for POW not to have to maintain a blockchain anymore. His time can be focused now solely on his mission of creating a comic book coin and answering forums, and so forth. He can be more directly involved in his community rather than his QT wallet.

    So other traditional Altcoins having issues with hashing power or blockchain maintenance could follow in the foot steps of POW and make the move to CP harnessing our Folders participation. These coins could hold their own burns, or we could help with a burn.

    Now new ideas for a coin that someone has could be explored. Someone out their might have a great idea for a coin, but doesnt want to deal with the wild west of Altcoin miners. This gives them the ability to get their coin out there without having to worry about things like difficulty fluctuation and blockchain security updates. They will grow with CP and their distribution will continue with folding power.

    Value for crypto. Speaking as a Miner for the past 2 years, I was constantly mining different coins. I had all sorts of crypto switching programs and watchers that was re targeting my mining equipment every 10 minutes for the most profitable coin. Then I had instant sell outs for BTC every hour on top of the hour. This is not a system in which a coin can become established, this still goes on to this day. Like I used to do, many Miners probably don't even know what they are mining 75% of the time. What our system does is puts a stop to that. Since Folding requires FLOPS not Hashes, it is very hard to switch back and forth between the two. Also the FAH client is only partially open sourced, so coding something that would make the FAH client stop so mining could begin is currently undo-able to the average Miner.

    Value for Miners. Receiving more than one coin is a dream come true for a Miner, and if you had a whole platform that allowed you to receive many coins, that could be even better. With FLDC being the flagship token, all participants will receive this token from us irregardless of the success or failure of other tokens on our platform. So this will allow Miners (now Folders) to receive many coins that they can sit on, and they could sell the FLDC they receive to pay for the cost of their mining (folding) operation (or the opposite effect could be true).

    Value for mining cost. If you have ever mined (with CPU and GPUs), you are aware of the fact that hashing takes a drastic amount of energy and cooling in order to keep the cards from burning up. That is because when you Hash on a GPU, you are pushing it to its limits as hashing is not normally supposed to be done at that speed all day long. As for FLOPS are a more natural computation cycle for a GPU and CPU. The cards dont get nearly as hot, and the electricity is about half the cost. For my 34 GPU operation, I dont even use fans anymore as they are not necessary.

    Better use of energy for the world. There is no direct translation from one to another, but a common consensus is 1 hash equals 12,700 FLOPS when comparing the 2 side by side. The FAH grid computing network has 46 PetaFLOPS and is known as the world's most powerful computing network outside of the Bitcoin mining network.

    Now at the time before ASICs started hitting the market in April 2013, the Hash rate of the BTC network was at 72 TeraHASH’s in mostly GPU and CPU power https://blockchain.info/charts/hash-rate. Based on a rough comparison 12.7 PetaFLOP = 1 TeraHASH the potential computational power that could be added to FAH is

    *72 TeraHASH 12.7 PetaFLOPS = 914 PetaFLOPS.**

    Imagine how far along disease cures can come from this power should miners start folding. Also this doesnt count for the many people who bought GPUs after BTC became popular because they thought GPUs would make them many BTCs. And it doesnt account for when Altcoin Mining became profitable in summer of 2014 when cards were still purchased.

    Venture Capalists value. Since there is no profit motive for FAH, there seems to be an untapped market for the general public and venture capitalist to become more involved. FoldingCoin Inc. looks to bring a profit motive for people to fold proteins by receiving multiple cryptos. Venture capitalists could see this as an opportunity to invest in the creation of economic sized Anton Supercomputer http://en.wikipedia.org/wiki/Anton_%28computer%29 which is an ASIC form of molecular protein simulating that can fold more efficiently than standard computing hardware. This very thing happened to Bitcoin mining when it became exponentially profitable, venture capitalists invested in the creation of ASIC miners to compute SHA256 at a more efficient rate than standard computing hardware.

  • Re: FoldingCoin forum faucet

    All previous posters have been paid. Dont forget to tweet us and like us on facebook for additional bounties. Go to http://foldingcoin.net/earn-fldc/ for details

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