bcavnaugh
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Re: How can we bring more adoption to FAH?
2015/03/30 12:03:51
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bill1024
People who read this here are already folding. The whole point of posting this here is to get more folders involved with the coin. The more people doing it will make the coin more mainstream and holds/lifts the value.
The only way to prop up the coin is to get more people involved. Plus you have make a use for the coin so more people use it. With only 11,000 folders, add in most of them don't want anything to do with any altcoin, there is just not enough people to make something like that work.
This is about altcoins, should this be moved to the altcoin section?
Yes Cryptocurrency Would be the place to have this Thread. Coin is the Primary Theme in this Post.
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notfordman
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Re: How can we bring more adoption to FAH?
2015/03/30 12:12:59
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FoldingCoin
This also would kill our Number One Team Rank and each user would also start of from Zero as if they never Folded before. Why are you Pushing So Hard? How Much Do You Get Paid For Each Team Member That Leaves And Joins You. I do not get paid anything, in fact I get paid less. We do not take any FLDC off the top. FoldingCoin is a nonprofit with the goals of trying to bring more computational power to FAH. Just as FAH itself is a 501(c)3 we are as well (our 501(c)3 is still pending but it will be issued to us). It is good to clearly state again: We are non profit just as the Red Cross, there is no profit motive for us. We feel eventually we will bring in donations for our efforts to pay ourselves down the line to do this from support of interested parties, but right now we are simply building it and gaining donors. We did just receive a $3,000 donation that will really help develop new features we are releasing Riddle me this, if you don't get paid anything how can you be paid less?? I'm sure you will have a brilliant answer. If what you just posted that's highlighted, then in fact it has to be false. You are in fact recruiting in this thread. We operate on a points system, it shows what you have done. It gives the folder a sense of satisfaction and pride. That would be lost, and the folding member would be starting over. I am all for bringing new folders to OUR team. I don't feel this is the way, maybe I am wrong wouldn't be the first time. I am not trying to be negative, just stating facts.
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bcavnaugh
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Re: How can we bring more adoption to FAH?
2015/03/30 12:21:39
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notfordman
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Re: How can we bring more adoption to FAH?
2015/03/30 12:27:01
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FoldingCoin
bill1024
People who read this here are already folding. The whole point of posting this here is to get more folders involved with the coin. The more people doing it will make the coin more mainstream and holds/lifts the value.
The only way to prop up the coin is to get more people involved. Plus you have make a use for the coin so more people use it. With only 11,000 folders, add in most of them don't want anything to do with any altcoin, there is just not enough people to make something like that work.
This is about altcoins, should this be moved to the altcoin section?
I dont see this as part of the altcoins more then FAH. We are making the point that the altcoins have about 20x more power then FAH does. Why is this? Because with the altcoins you can make money, with FAH you cannot. By introducing altcoins to FAH (an altcoin that requires no mining) then we can start to bring the exponential power put towards altcoins to begin to be redirected towards FAH.
This is about FAH, not altcoins :D
Seriously? In post number 1, what is the subject MR. FOLDINCOIN? This is all about recruiting for YOUR "COIN",folding is secondary. I'm done with the thread, I won't detract from your mission. There is nothing that will convince me otherwise. Most of us are here to further the science, that's why we donate our time and costs to folding /crunching. Good luck
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FoldingCoin
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Re: How can we bring more adoption to FAH?
2015/03/30 13:14:17
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notfordman
FoldingCoin
This also would kill our Number One Team Rank and each user would also start of from Zero as if they never Folded before.
Why are you Pushing So Hard?
How Much Do You Get Paid For Each Team Member That Leaves And Joins You.
I do not get paid anything, in fact I get paid less. We do not take any FLDC off the top. FoldingCoin is a nonprofit with the goals of trying to bring more computational power to FAH. Just as FAH itself is a 501(c)3 we are as well (our 501(c)3 is still pending but it will be issued to us). It is good to clearly state again: We are non profit just as the Red Cross, there is no profit motive for us. We feel eventually we will bring in donations for our efforts to pay ourselves down the line to do this from support of interested parties, but right now we are simply building it and gaining donors. We did just receive a $3,000 donation that will really help develop new features we are releasing Riddle me this, if you don't get paid anything how can you be paid less?? I'm sure you will have a brilliant answer. If what you just posted that's highlighted, then in fact it has to be false. You are in fact recruiting in this thread. We operate on a points system, it shows what you have done. It gives the folder a sense of satisfaction and pride. That would be lost, and the folding member would be starting over. I am all for bringing new folders to OUR team. I don't feel this is the way, maybe I am wrong wouldn't be the first time. I am not trying to be negative, just stating facts. Start my response: I fold, so the more participants that are a part of the FLDC project, the less FLDC everyone gets. So for example: If we double in production, then I will receive half the FLDC i would have today. And I am just stating these facts: The amazing thing about non-profit distributed computing is no one is compensated for their work up to this point. This made sense back when distributed computing was first developed. It was a charitable thing to donate your computing cycles for science instead of giving money or volunteer hours. But when Bitcoin introduced a financial incentive to get more and more computational power for mining, competition, innovation, expansion, and commerce kicked in. There is no direct translation from one to another, but a common consensus is 1 hash equals 12,700 FLOPS when comparing the 2 side by side. The FAH grid computing network has nearly 50 PetaFLOPS and is known as the world's most powerful computing network outside of the Bitcoin mining network. At the time before ASICs and FPGAs started hitting the market in December 2012, the Hash rate of the BTC network was at 26 TeraHASH’s in mostly GPU and CPU power. Based on a rough comparison 12.7 PetaFLOP = 1 TeraHASH the potential computational power that could be added to FAH is 26 TeraHASH 12.7 PetaFLOPS = 330 PetaFLOPS Venture capitalists could see this as an opportunity to invest in the creation of economic sized Anton Supercomputer, which is an ASIC molecular protein simulating machine that can fold more efficiently than standard computing hardware. This very thing happened to Bitcoin mining when it became exponentially profitable: venture capitalists invested in the creation of ASIC miners to compute SHA256 at a more efficient rate than standard computing hardware.
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FoldingCoin
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Re: How can we bring more adoption to FAH?
2015/03/30 13:16:33
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bill1024
But folding was never about making money. It was meant for people with computers to DONATE their spare computer cycles to Stanford's folding project. That is what they said years ago and still say today.
They do not encourage anyone to build a dedicated computer to the folding project.
Infact Stanford has suffered from growing pains and the race for points.
It has caused them huge headaches dealing with donors over the point system.
A system that is a mess. Now throw money in the mix..... compounded problems.
Look at all the people that left folding over the point system and how people get upset over points.
Most likely the reason Stanford is staying away from the coins that are popping up around folding.
I think they learned a lesson, well most likely not, but anyway.......
What you are saying does have some truth to it, but one of the big reasons why stanford stays away from crypto is because then they have the liability of becoming a money transmitter. That would create taxing headaches for them. Thats why we want to take on the burden for them :)
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bcavnaugh
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Re: How can we bring more adoption to FAH?
2015/03/30 13:19:24
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FoldingCoin
I fold, so the more participants that are a part of the FLDC project, the less FLDC everyone gets. So for example: If we double in production, then I will receive half the FLDC i would have today.
OK you Fold, under what Name?
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FoldingCoin
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Re: How can we bring more adoption to FAH?
2015/03/30 13:23:00
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notfordman
FoldingCoin
bill1024
People who read this here are already folding. The whole point of posting this here is to get more folders involved with the coin. The more people doing it will make the coin more mainstream and holds/lifts the value.
The only way to prop up the coin is to get more people involved. Plus you have make a use for the coin so more people use it. With only 11,000 folders, add in most of them don't want anything to do with any altcoin, there is just not enough people to make something like that work.
This is about altcoins, should this be moved to the altcoin section?
I dont see this as part of the altcoins more then FAH. We are making the point that the altcoins have about 20x more power then FAH does. Why is this? Because with the altcoins you can make money, with FAH you cannot. By introducing altcoins to FAH (an altcoin that requires no mining) then we can start to bring the exponential power put towards altcoins to begin to be redirected towards FAH.
This is about FAH, not altcoins :D
Seriously? In post number 1, what is the subject MR. FOLDINCOIN? This is all about recruiting for YOUR "COIN",folding is secondary. I'm done with the thread, I won't detract from your mission. There is nothing that will convince me otherwise. Most of us are here to further the science, that's why we donate our time and costs to folding /crunching.
Good luck
I can understand, however it is a fact that things that are profitable create commerce, things that are not do not. So introducing a profit motive to FAH is not a bad thing, people still have to eat. So what I mean is right now the only kinds of people FAH attract are computer enthusiasts and medical researcher, they do not attract people trying to turn a profit like the altcoins do. Just compare the numbers that i provided in the previous response, 48 petaflops in 15 years compared to the altcoins which have gained well over 330 petaflops in 3. Put Microsoft up against Ubuntu, which one makes more money and which one is more adopted? Doing something good for profit should not be considered bad, its just the mentality that has been instilled in our culture. I have always been involved in the non profit sector and i once was an IT admin for the Red Cross. It made me very sick when i went to work and saw many of the paid employees sitting on Facebook all day while i was working my tail off. The reason being is because many of these employees were like me, paid volunteers. A paid volunteer makes about $4 per hour. Now this is very cheap labor and the age old saying "you get what you pay for" is very true. Since these people had been willing to work for almost nothing, you get work in return that is worth almost nothing. That is one of the reasons why I left, I was there thinking i was making a difference by being cheap labor, but I saw that many others did not care that they had been there on the donor dime, but insstead thought it was great they were there on facebook all day making a difference. Try sitting on facebook all day working for Apple, guarantee you get fired.
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FoldingCoin
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Re: How can we bring more adoption to FAH?
2015/03/30 13:30:23
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bcavnaugh
By the Way FoldingCoin , what account name do you Now Fold Under?
Is this you? cryptoFTW_ALL_18fvHrF99tWjmZLoj5iYQHmThTQG2tCd5s
If it is then your user name should have been FoldingFTW if this is really about Folding and Not Coin.
This was me for a little bit, the main usernames i used to use are as follows: - PookTwo_FLDC_16muW9htJAYrrXrKN8BwWTmT6cgXscXDzJ, FAH credits 48282679
- PookTwo_FLDC_16nZXD5ZUa9EiNnmyy6YTgHoWkEe8vJuTt, FAH credits 10504940
- PookTwo_FLDC_19hKdM28RDTzB2CWwp89kUyU9toiRjYj4c FAH credits 2374189
- PookTwo_FLDCTEST_13XCeTnQETVTwT6uPHwFpKkXJWg1V1pWMq FAH credits 1647394
- PookTwo_FLDC_19hKdM28RDTzB2CWwp89kUyU9toiRjYj4c FAH credits, 1600644
- PookTwo_FLDC_19hKdM28RDTzB2CWwp89kUyU9toiRjYj4c FAH credits 646880
Any username with the prefix PookTwo was me, but i recently had to turn them off because I am doing FoldingCoin full time and i have to continue to support myself so I cannot afford the electricity any longer. Some of those names that are the same had been on different teams. People really do do great things for no money at the beginning, thats how almost every good startups success stories start. I dont expect many of you to understand this concept as you all are not crypto enthusiasts, but in the crypto world we are very highly received and many folks are watching what we are doing. You cannot deny the computational power in the crypto world being significantly higher then the non profit distributed computing world. I have 1 year left of money to be able to do this full time and tonight I am presenting at a local investment event to try and bring in more money to make this great project happen. I hope some of you can at least see the value in harnessing altcoin miners.
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bcavnaugh
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Re: How can we bring more adoption to FAH?
2015/03/30 14:01:48
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rjohnson11
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Re: How can we bring more adoption to FAH?
2015/04/01 09:36:15
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We've had a lot of complaints about this thread. The complaints are continuing so we'll lock this thread
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