Post
Topic
Board Tokens (Altcoins)
Re: [ANN] FoldingCoin - Mine for medicine, Scrypt and SHA256 ASIC proof
by
FoldingCoin
on 18/12/2014, 16:20:17 UTC
Hashing algorithms are not involved in protein folding, and it is well known you can't use protein folding as a PoW system.
Can you elaborate please, I actually am not sure from that statement if you are against the idea of FLDC or not, but I would love to defend our case and try to show you the value of using Protein folding as a form of POW (obviously its not POW in the same manner that a traditional alt is)
Seems like a strange and only tangential statement to make in regards to FLDC. Of course, folding is not used in place of hashing (i.e. for security) here except to portion out the distribution of FLDC.
Well in a way hashing is done for FLDC, its just done by the BTC miners who are hashing the BTC blockchain since FLDC lives inside of BTC transactions. The folding calculations are stricktly for determining how many FLDC each folder is entitled to