Put your GPU rigs BACK TO WORK
Remember Bitcoin mining early on before the ASICs dominated the market? If you’re like our team then you invested a ton of money into GPUs and CPUs. Well we have the next generation project for all of us – FLDC or FoldingCoin.
http://www.foldingcoin.netHow does it work?
Point your hardware at the Folding@home network developed by Stanford University
http://folding.stanford.edu . This program uses your computer’s resources to help fold proteins for scientific research. No configuration like CGminer or anything else is needed. This program is very well put together and works straight out of the box.
How do you get coins then?
"Tokens" is a better word. When you join Stanford’s Folding@home network, you create a user name (with your Counterparty wallet as the name) and choose team 226728 to fold with. You are then given credits for the work you do. Stanford has a stats page for bragging rights, but with our project we are distributing tokens according to our team members' Folding@home credits. We leverage the Counterparty Bitcoin 2.0 platform to build a new token on top of the Bitcoin network that already exists. Unlike Altcoins that are subject to attacks and difficulty fluctuating all the time, a token on Counterparty is actually secured by the Bitcoin network itself (since it shares the same blockchain as Bitcoin).
Please read this blog from LTB about our future plans to this coin
http://letstalkbitcoin.com/blog/post/foldingcoiu