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FLDC tokens are distributed monthly. Public statistics file lists every folder on the network and the credits they have been awarded at the time the file was produced. This file is then downloaded by the FoldingCoin snapshot code that searches the file to find the folders that have set their folding software up according to the instructions provided by FoldingCoin Inc.
There is a total supply of 1 billion FLDC that are distributed according to a half-life schedule:
• Once 500,000,000 FLDC are distributed, daily reward becomes 250,000 FLDC
• Once 750,000,000 FLDC are distributed, daily reward becomes 125,000 FLDC
• Once 875,000,000 FLDC are distributed, daily reward becomes 62,500 FLDC And so on.
• This halving occurs every 1,000 days
Anyone can join the FoldingCoin project and earn coins while helping the fight against Cancer, Alzheimer's, Huntington's, and Parkinson's by following the instructions in this video:
Future Advancements for Bitcoin and Blockchains
The big question in crypto space has been whatever we need all these other coins or not. Will this all emerge into a beautiful ecosystem where different blockchain work together or will we have one coin for all the functionality?
Everything could be built on top of Bitcoin. However currently one of the limiting factors is the transaction fee. It's not feasible to do tiny micropayments, that many platforms would require. This could change though if Bitcoin network becomes more scalable through a lightning network, for example.
Until that however, it makes more sense to build your own blockchain where you can have extremely low transaction fees. Furthermore, the latest technology can be included in the blockchain making it faster and soon even scalable. Lastly, the blockchain platform can be tweaked to meet the needs of each project.
There are other reasons too to consider. Creating a new currency and launching an ICO is a convenient way for a new project to get funding. Having your own coin and blockchain maximizes your independence from the other platforms, but on the other hand, your blockchain might not be as secure as Bitcoin. By raising money through a colored coin and by building on top of Bitcoin you could have a very strong security.
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