ColossusXT & Gath3r.io are committed partners in the world of computing power for research. Over the last 2.5 months our communities have joined together to participate in the Folding@home initiative from Standford University to help with COVID19 computational research.
The ColossusXT & Gath3r communities completed over 2,250 work units for COVID19 researchers. These researchers aim to understand disease mechanisms at the molecular level and then find weaknesses that medicines can exploit. This is a very good cause for the entire world as COVID19 has reached new highs all over the world with record cases, and finding a way to combat the virus is a priority in medicine.
Throughout the last 2.5 months our communities come together to lend their computing power to help these researchers simulate these proteins. Together we have completed 2,265 work units, and earned a team total of 12,391,893 credits and we’re now ranked 8,417 of 254,198 teams participating with the Folding@home initiative.
Now that the competition has ended you can still all continue folding for a good cause, it’s now time to reward the top 3 contributors for our competition. The rewards can be seen below.
Congratulations to the top 3 contributors! (PioyPioyPioy, bbvedf, and NobFox) Please reach out to the ColossusXT team with your ColossusXT wallet address, and an ERC-20 address. We would also like to give a special mention to Metallicelmo as he made a strong push towards the end and took 3rd place just after the competition ended, you will also receive 75,000 COLX!
ColossusXT (ticker: COLX) is a community-orientated, energy efficient coin with a strong focus on decentralization, privacy, and real-world implementation. It utilizes an energy efficient Proof of Stake 3.0 protocol and a second-tier Masternode network for inclusive community-based governance along with a blockchain based self-funding treasury system ensuring its sustainability. In order to reach this level of usability, COLX is continually evolving.
The goal of COLX is to be an advanced digital currency that is fast, secure, decentralized, private, and connects all of its users for a greater purpose as part of the Colossus Grid.
Colossus Grid is an ambitious project that aims to reward individuals for voluntary grid contributions. With this, ColossusXT seeks to compete in the global market for distributed computing power and decentralized storage all while riding on the backbone of a world class privacy blockchain.
ColossusXT LLC is a registered business in Wyoming, USA.
Gath3r looks to democratise the compute power industry by harnessing the power of spare processing capacity of publishers for the benefit of businesses, blockchains, developers and webmasters. Through the use of spare processing power generated by publishers, Gath3r is able to help secure and launch blockchains by use of merged mining, while at the same time, businesses and enterprises can use Gath3r for their processing needs as a cheaper alternative as compared to today’s centralized solutions, all while providing an alternate form of monetization for publishers. The Gath3r blockchain is powered by the GTH cryptographic currency which facilitates payments and transactions within the hybrid ecosystem.