FLDC was started as a novel and fun way to bring blockchain technology to the medical research field. It began as a way for people to use their old Bitcoin mining GPU’s that no longer could mine Bitcoin. Since then it has turned into a vibrant community filled with many Miners and Folders who enjoy pointing their GPU’s to something other than a blockchain that works on algorithms, but rather one that works on medical research. Now that the project is becoming more popular, the FoldingCoin team is working on ways to use your FLDC outside of simple speculation. This project and the developers behind it are in crypto for the long run. Your folding power and participation is important to keep this project going.
To start earning FLDC, please use our FOLDING BROWSER if you are on Windows, as this will ensure that you are setup correctly to receive FLDC and our partner coin CURECOIN
Folding@home (FAH) is a project by Stanford University that has been running since October 2000. FAH uses idle computer power to help simulate how proteins fold in the human body. This research is then used to help researchers find cures for diseases such as cancer and Alzheimer's.
Researchers normally have to spend millions of dollars on Supercomputers to do these simulations. With FAH and the power of the internet, the workload is broken up into small Work Units (WU) and sent to anyone who downloads and runs the FAH program on their computer. This allows Stanford to get the research done without the need of Supercomputers, but rather with the help of many individuals running the program.
To see the success of the FAH project, please visit THIS LINK to their website.
View a list of projects currently being processed by Folding@Home: LINK
There has never been an incentive for Folders other than “bragging rights” for the amount of work they have done. Stanford has a STATS PAGE that keeps track of all work being completed by each individual Folder. Until Bitcoin and blockchain technology, there hasn't been a way to really reward folks for doing the work. FoldingCoin (Token named FLDC) looks to help bring an incentive to Folders by distributing FLDC for the work done.
FLDC is built on the Counterparty protocol which allows for tokens to be built within the Bitcoin blockchain. So every FLDC transaction is actually a Bitcoin transaction as well. FLDC is shared in the same wallet that you can hold Bitcoin and other Counterparty tokens in. Earning FLDC can help offset the electricity cost and bring motivation to Folders to buy bigger and better Folding Rigs.
Look through the FoldingCoin calculation server for daily and long term stats, leaderboards, and more information pertaining to participants of the project.
WARNING: Crypto trading is very risky. With this emerging technology and the massive influx of people interested in crypto currencies, price volatility occurs frequently.
Please use extreme caution when trading, and as always FoldingCoin Inc encourages you to earn FLDC via folding.