Re: PRE [ANN] CureCoin-Fold Proteins, Cure Cancer, Make Money! NOV 16 GPU+CPU+ASIC
Could something like this be adapted for other BOINC applications, like climate change modelling? Don't get me wrong, I can see the potential in protein folding, but would be nice if people could have a choice as to where they would like to direct their GPGPU processing and still get rewarded.
Yes!
i missed something there from rumlazy when i made this comment...
Asics can not fold ..... so there is no more potential for folding that we are cutting out.... unless u have some kind of super space age asic that isnt really an asic and can switch from sha 256 to protein folding....
What I meant was there will be a limited market cap. Say curecoin ends up with a $1,000,000 market cap. 450k will go to asic miners, 450k will go to folders, and 100k for some reason will go straight to your devs pockets. So with a million dollars we'll get 450k worth of folding done. If it were merge mined you could have cut the asic reward drastically and pushed it to the folding side, because like I said, anyone will merge mine a coin happily. Not at all saying asics can fold.
Only a very small fraction of the funds are actually going to the devs. Myself, I'm getting 4% of the 10%, also known as 0.4% of the coin. The lead dev is getting around 1% of the full coin. We'll have a full budget soon.