Pandacoinfah is a charitable community based around donating Pandacoins to encourage a team of our community folders to help scientific researchers find cures for diseases with the Pandafolders (234317) Folding @ Home team.
Folding at home is a distributed computing system that helps Stanford University scientists studying Alzheimer's, Huntington's, Parkinson's, and many cancers by simply running a piece of software on your computer. More than a 100K people are donating more than 20K teraflops of computing power. Honorary points are awarded by Standford for the computing work preformed and users can compete in teams for the most points.
We have created an automated payout system that pays the folding team weekly (late Saturday CST). Folders must use their Pandacoin wallet address as their folding user name and fold for the Pandafolders team #234317. The automated system will take the current payout amount and split it among the folding team proportionally to their percentage of the current week's folding points. The weekly payout amount can be donated to directly to boost this week's reward. Also, larger donated funds have already been collected and will have portions regularly added to the weekly payout.
We have created the website Pandacoinfah.com to help with visibility and present information about the project. The website also has "live" data available about the current payout amount and details about past payouts.
Begin by installing the Folding @ Home client and configuring it with your Pandacoin wallet address as your folding name and team #234317. Once your machine completes a folding work unit, Stanford will reward you with points. At the end of the week, the automated system will compare your points to the rest of the team and send Pandacoins to your wallet!
A big thanks to all who donated Pandacoins, computing power, and or their time to make this happen!