A new cryptocurrency has launched that lets users mine for currency while contributing to vital medical research.
CureCoin replaces the technical computations used in mining coins with a concept known as protein folding.
Protein folding is a crucial procedure currently helping scientific researchers at Stanford University find cures for common, critical illnesses such as Alzheimer’s and Cancer.
The project is part of a large-scale distributed computing effort where everyday users can benefit from a worldwide study on protein folding research.
“It is not just Bitcoin that has gained traction amongst the online community, many other alternative currencies exist. What distinguishes CureCoin from Bitcoin and other digital currencies is that anyone can mine CureCoins using an ordinary CPU or GPU, to further enhance medical research in curing fatal illnesses such as Huntington’s and Parkinson’s,” explained developers at the CureCoin Forum.
“Bitcoin, on the other hand, can only work with specialised hardware and software to perform large amounts of computations, wasting ‘Billion$’ in energy consumption every day.”
Check out CureCoin’s video below, describing the project in more detail: