FoldingCoin, Where People Mine Protein Folding Structures
Since the dawn of digital currency we have always been bothered about the monetary value associated with it. A lot of processing power and electricity is being spent on mining to process the transactions happening over the bitcoin network. Miners have indulged in the process of finding sequences of low hash value with the sole purpose of gaining miner's fee. Bitcoin value is said to be related to the network size and the number of transactions that happen over the network. Now, what if the same processing power, or even a part of the processing power is diverted for a similar mining....
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Presenting a cryptocurrency like Bitcoin, but with the goal of harnessing all the computing power and energy a cryptocurrency generates towards a meaningful scientific and medical purpose. What is Cure Coin? So much energy and power is wasted on re-securing the blockchain and computing arbitrary hashes for Bitcoin. CureCoin is an alternative cryptocurrency that boils down to a proof of work system based upon valuable computer calculations. Cure Diseases. Valuable scientific and medical data is provided by the Folding@Home project (F@H) run by Stanford University. The F@H project is a....
The Digital currency evolution started with bitcoin in 2009, the year when it was first introduced. Bitcoin and other altcoins have since then become a very important part of the world's economy. The popularity of bitcoin has made digital currency synonymous with finance and fintech sector. However, the use of digital currency is not confined to fintech anymore. The blockchain technology powering bitcoin is an open source technology which can be used for a wide range of applications. Scientific research is one such area which has gained a lot of attention in the recent days. There are many....
As ASIC miners begin pushing GPU users off the Bitcoin network, could they use their rigs to battle Alzheimer's disease and cancer? One academic hopes to pick up some spare computing power from cryptocurrency miners and put it to good use. Stanford University professor Vijay Pande would like coin miners' help with his scientific project, Folding@home, which uses donated computing power to help find cures for devastating diseases. He also helps run the Stanford Bitcoin Group, which conducts research into Bitcoin theory and applications. "There are multiple people emailing me describing the....
Foldingcoin is a new project developed in partnership with the Stanford University and it aims to bring a new kind of functionality to CPU and GPU mining. How about donating your processing power to scientific research in medicine!?. An innovative Team has developed a project for this same reason! Until now, you could donate your processing capacity to assist in scientific research without any kind of compensation whatsoever, but with the Foldingcoin Project this is about to change. You can now point your Rigs at Foldingcoin and receive a reward. a Metacoin that actually has intrinsic....
Counterparty and Dogeparty are similar protocols built on top of Bitcoin and Dogecoin blockchains, the function of which is to allow any individual user to issue his own store of value or token. The two function basically the same, and any amount of the parent currency can encompass the total value of the shares in a generated asset. They have been used increasingly in recent projects, with the Spells of Genesis game perhaps making the most novel contribution in the form of trading card assets represented on the Counterparty protocol. They also have a more currency-like token called....