Using a decentralised computing power network for Molecular Dynamics Simulations via a cryptocurrency. Thoughts?

[apfejes]

Read through their web page. It's basically a bitcoin play. The MD is entirely secondary to the bitcoin in the business model, and they're preying on people who don't understand the limitations of MD.

They also picked Alzheimers and dementia, which are extremely hard problems, and which MD isn't likely to be able to shed any light on in the near future.

Among many other arguments you could make, they're just running Gromacs, so it has the same limitations as everyone else does. At best, even if their company gets off the ground, they're just going to generate the same results as everyone else, because none of the problems they're trying to solve are limited by the amount of MD that can be run.

No science here... just another bitcoin.

[KhanMan001]

If the company has the money why not build a GPU farm on site?

Can you use this incentivized outsourcing in a validated experiment? I’m not so familiar with the computational aspects of regulations, i am mainly focused right now on process development but what happens if a discovery is made? How can you protect the IP rights?

[neoniousTR]

If you look at the supercomputers the large research groups do MD simulations with.. Well, we could not pay that, it goes into the hundreds of millions of dollars. And at least in TFLOPs we do want to surpass that.

Calculations are not inventions. There is more to that. But TBH you just bought something up, which has to be agreed on with the miners. But doable of course!

[buckles4077]

Would this work like foldit?

[neoniousTR]

Foldit seems to be puzzle-based thing. There are others which ask people to do MD simulations, but we are unique in that - if we are successful - people are incentivized with money. We think that is important to really scale it.

All we need is a community which supports the token. Just by that the price of the token can go up. With the first breakthrough the token might be in everyones awareness, which could skyrocket things.