News & Updates

Public Meeting #4 – 6/7/15

This was the fourth monthly public meeting held by the FoldingCoin team. All topics have a hotlink to the exact time of the video in which we discuss a particular topic. You can also visit the FoldingCoin public meeting page here http://foldingcoin.net/public-monthly-meetings/ for the information on the next public meeting being held July 5th at 3:00 PM EDT. 0:00 – Introduction to the meeting and explanation of the team being busy with personal related tasks 2:47 – Shaban from Spells of Genesis discusses BITCRYSTALS and the project […]

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Community Update 6/7/15

It has been a little while since we have done a community update for FoldingCoin in a blog form. The month of May was a really slow month for FLDC, as the entire team had a lot of personal tasks they had to attend to, but June is looking really good for the FoldingCoin project. So here are the things that have been going on: FoldingCoin has submitted the 501(c)3 application to the IRS and we are currently awaiting confirmation of our tax exempt status. […]

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Distributions back to normal

This week has been a little slow for the FoldingCoin team as we all had personal things to tend to. Jona is also out of the office for a week as he is traveling. But with that being said, James was able to fix everything and get the distributions back to par last night. So all distributions and payments are caught back up once again and here is what we had to do: Because the snapshots are taken based off of the previous days work, […]

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FAH statistics down due to electrical storm

In a blog posting from FAH dated May 17th, 2015: Likely due to a recent extremely heavy (and unusually rare) electrical storm, we’ve had some server issues last week. I thought we’d gotten them all but we see now that there’s an issue with fah-web.stanford.edu, which serves up both the Folding@home stats and project descriptions. While the stats are being accumulated on a separate server, fah-web is the web server that displays them to donors. I’ve taken a look at it and there’s a more […]

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Ending Merged Folding Partnership with POWC

FoldingCoin Inc. has discontinued POWC participation on the merged folding platform. There were repeated violations of FoldingCoin Inc’s policy against anything done in a manner that could hurt the image of FoldingCoin Inc. We regret this action became necessary and thank all folders for their continued contributions.

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Public Meeting #3 – 5/3/15

This was the third monthly public meeting held by the FoldingCoin team. All topics have a hotlink to the exact time of the video in which we discuss a particular topic. You can also visit the FoldingCoin public meeting page here http://foldingcoin.net/public-monthly-meetings/ 0:00 – Overview of the Meeting today 1:25 – Discussion of FoldingCoin attending next months “Bitcoin Wednesday” in Amsterdam and other outreach meetings 3:43 – Overview of the new distribution system that FoldingCoin looks to implement to be more scalable 6:23 – The […]

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Community Update 4/10/15

The end of March and beginning of April was an important period for FoldingCoin as we were granted a 100mln undistributed FLDC and have a possible new merged folding token joining us! FLDCVOTEIII vote on 100 mln FLDC Quite unexpected, we were granted the 100 million of undistributed tokens by the community. Some people are not happy about this as they’re worried that this will dilute the value of FLDC as it could being dumped. We would like to assure you the following things: We […]

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Public Meeting #2 – 4/5/2015

This was the second monthly public meeting held by the FoldingCoin team. This time in the video description, all topics have a hotlink to the exact time of the video in which we discuss a particular topic. You can also visit the FoldingCoin public meeting page here and the YouTube video can be found here 0:30 – Quick intro to the public discussion that will be covered 1:47 – Details of the topics to be covered in the meeting 23:02 – Radio show overview with […]

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Community Update 3/23/15

This week we would like to update you on: Off-chain distribution: Progress on the off-chain distribution and upcoming features Non-profit legal things: We’re getting a 501(c)3 tax exemption Counterparty Board: Robert Ross is up for election as community director on Counterparty board Meetups: We attended some meetups and are planning to set some up Funds: Our transparency on the way we spend the donation funds T-Shirts: We’ve placed our first order for FoldingCoin T-shirts that will be worn by the team. Some will also be […]

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Community Update 3/15/15

This was a very exciting week for FoldingCoin Inc! We received a major donation, went on the road to spread the word and have made some valuable connections! 1. Major donation We were slowly running out of funds to distribute the coins, so we were busy looking for companies that could donate to us. We’ve received a 10 BTC donation from the Indianapolis irrigation company “A&O Irrigation”! After discussing with the team we decided to allocate the money to the following three things: 3.25 BTC […]

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