Quote from: dime on May 13, 2014, 03:54:30 PM

Quote from: matt608 on May 13, 2014, 03:36:33 PM

ASIC resistance is a feature. How much that matters now is debatable, probably not much at all. But the proof-of-work for Curecoin is (mostly) folding and folding has no ASICS being developed for it yet as it's one of a kind, making Curecoin ASIC resistant (apart from the 20% that goes to the SHA256 miners).

And as bardacuda pointed out, if ASICS were developed for folding, that would be great for the advancement of science anyway.

If you'd like to calmly explain how this is not true please explain, otherwise I ask you to refrain from insulting me.

Because folding is the realm of REAL SCIENCE, not herp derp I can mint internet moneys by calculating 1000000000000 sha hashes per second. The projects on FAH are coded specifically for different research projects running code specifically written by the person doing the project. There are tons of projects running on FAH so there could never been a FPGA, much less an ASIC made that could do fuckall to help. These projects also end and are replaced by a long list of newer projects, researching newer proteins, smashing them using newer methods, calculated by using brand new code written by a different researcher.

This is bioinformatics. If there was something as simple as needing such a generic algorithm to cure cancer, it would have been done already. Get out in the world and learn some real shit and this would have simply been obvious. 80% is folding, plain and simple. Not asic resistant algorithm. It's FOLDING. This is why I said it's redundant.

Since you probably still don't understand. Folding is not asic resistant, it's asic proof. As is your car. As is your toaster. Maybe even your mom. Go ask your mom if she's asic proof.

OK so it's ASIC proof, isn't that even better? The point is that when GPU miners for scrypt coins are out-competed by ASICs, those miners can always do folding for Curecoin, which keeps Curecoin distribution more fair than coins that have more centralized mining, where to have a chance of profit there is a high barrier to entry. Anyone can always fold for Curecoin with their GPU, not everyone can mine for bitcoin or other altcoins. Hence, ASIC proof-ness is a feature of Curecoin.

The folding isn't securing the network like normal mining so a more decentralized folding network is less of a feature than a more decentralized mining network, but it still has benefits of wider coin distribution and ensures a low barrier to entry to take part, allowing everyone to capitalise on their hardware (and contribute to something good).

Definition of feature from Google: "a distinctive attribute or aspect of something."

Curecoin is 80% ASIC proof and this is a feature.