Bitcoin Forum

After the release the the Dymaxion whitepaper (https://www.burst-coin.org/wp-content/uploads/2017/07/The-Burst-Dymaxion-1.00.pdf), the Proof of Capacity Consortium have updated the roadmap on the burst-coin.org website.

If you havent read the whitepaper, you should do it now. It is great! The PoCC will start integrating working features from other cryptocurrencies into Burst.

The features that will be integrated are, ring signatures and zk-snarks from Monero and Zcash, payment channels from BTC's Lightning and tangle technology from IOTA.

The process is the same as how Satoshi Nakamoto made something new with the technology he had at his disposal, like public key cryptography, timestamping and hashcash.

Current Burst Roadmap (https://www.burst-coin.org/roadmap)

Code refactoring

• Improving structure and readability with a focus on simplicity and flexibility. Getting rid of old code from the NXT wallet.
  
• Paving the way for more advanced modifications.

Soft fork: Dynamic node capabilities

• Making the mempool size configurable to better adjust to the node capabilities.

Hard Fork: Dynamic block size and transaction fees

• Making transaction cost and block size dynamic values to be better able to cope with varying transactional load on the Burst blockchain.

PoC2 protocol

• A minimally invasive way to achieve time-memory tradeoff resistance, while keeping the currently used plots functional.

Better development efficiency

• Adding new procedures such as Unit-Tests, improving the API and other advanced components.

Finding lot of potential in it burst but when it comes to price it cannot able to survive in the market because many people who are holding coins are dumping in the market when the price burst is increasing.

well i think this project is a very interesting and i will surely read this whitepaper now. And as i view the roadmap, i can sense it is quite amazing.

Thats true but I dont see it that way. I see it as a chance for the speculators to buy more. With the Dymaxion coming next year, Burst will be worth 2x or 3x more than it is now. The /r/burstcoin community is also growing easily fast, which is another good sign that a project is gaining some influence.

That also not the only thing. The PoCC has not started their marketing efforts yet.

Having that said, theres only one direction this project can go. Its up.

What do IOTA and Raiblocks have in common? If I'm not mistaken they use a technology called Tangle as a solution to have transactions with no fees and their platform minerless. But they are not without their own problems.

Burst's PoCC thinks they may have the solution. In the Dymaxion, it would be possible to open 2nd layer Tangle channels making transactions faster and with no fees. Having that said, the main chain remains pure and secured by a sustainable, greener form of mining called Proof of Capacity. That alone is already a breakthrough in cryptocurrencies development.

For more information, read this blog The Burst Core Roadmap for 2018 (https://www.burstcoin.ist/2018/01/03/the-burst-core-roadmap-for-2018/).

The Dymaxion

• The Dymaxion is a tangle-based lightning network on top of the Burst blockchain, explained in another article: The Dymaxion Explained in Layman’s Terms (https://www.burstcoin.ist/2017/12/27/the-dymaxion-explained-in-laymans-terms/). As stated in the white paper (http://www.burst-coin.org/wp-content/uploads/2017/07/The-Burst-Dymaxion-1.00.pdf), the implementation needs to be done in an incremental process, split up into several separate CIPs: adding ring signatures library / adding zk-SNARKs library / adding parts of the IOTA iri / adding ACCT (ACTT) templates.

Did the IOTA and Raiblocks train leave you? Not a problem, Burst is still waiting.[/list]

Vaguely remember that Mcafee had recommended  this coin? Need to
double-check. Anyhow, it is a cheap bet  at these low prices.

Yes he did, and I think it was stupid of him to take advantage of Burst's latest developments in his coin of the day tweets. I wish he didnt do that. But if he truly believes in Burst and has invested in it, then I support his tweet, but if he was trying to hype the project for his own gain, then he can go to hell.

gangsta coin
https://www.forbes.com/sites/jessedamiani/2017/12/23/crypto-watch-burstcoin-burst-price-goes-4x-in-29-hours-what-is-burst-and-why-is-it-surging/

I wish they didnt include that video of Mr. Burst in that article. In fairness, the rest is of it is done well. But the latest news is Mr. Burst, the person in that video, has left Burst and will stop promoting the project. Instant relief was felt by most of the people on /r/burstcoin because the people outside of his circle consider him an impediment and a bad seed.

Having that said, its time for Burst to continue on and reach new heights with or without him. I wish him well.

What will it take for you to keep talking about Burst from a speculator's perspective? There are many threads in here asking for the next +100x - +1000x coin but most of you continue to ignore Burst. But why? Dont you believe that its the next coin to break the top 10 in market value?

i dont thing that taking the tangle technology from IOTA is a good idea ..
didnt they have few issues with their code, along with the hidden backdoor which they claimed: " it was for project that "steal their opensource code" " ???

You misunderstood what the PoCC is doing. IOTA's issues will not necessarily port to Burst's integration of Tangle technology because Burst will not directly copy code from IOTA. That would be counterproductive if they do because they will also copy the flaws.

What the PoCC will do is base some of the best available technologies from other cryptocurrencies and integrate them in Burst, just like what Satoshi Nakamoto has done with BTC when he integrated the available technologies in cryptography to make BTC.

Seems exciting roadmap for 2018 ahead for burst. At this lowprice and marketcap, it is a great buy.
Going to add some on this correction.

Already bought at 370 sats, gonna hold it for at least a year

You will not be sorry. By Christmas of 2018 you will be relaxing financially for 2019. Burst has so much to offer in the current state of cryptocurrency development.

This is a rough timeline of what to expect from Burst this year.

https://pbs.twimg.com/media/DT74QduW4AE6C7o.jpg

The roadmap looks great. At this low price and marketcap, it will surely do very good in 2018.

Yeah and with the price per Burst now moving between BTC.000004 to BTC.000005, its still very very cheap if you consider whats coming for the project.

The PoCC is doing great things, I think more great than some of the multibillion valued ICOs.

Yep, the roadmap looks great for Burst.  So many positives.  The evolution of Burst capabilities during 2018 must surely give the potential to be one of the next big things, particularly with such an innovative Proof of Capacity mining method.  Given its current price, I'd say it is undervalued at present.

Be prepared to witness the biggest network of hard drives mining and processing transactions in a blockchain. Its also operating at a fraction of the expenses of the BTC network which makes Proof of Capacity a good sustainable alternative.

2018 will be the year of Burst.

Burst: Network Analysis[/url

 (https://hackernoon.com/burst-part-4-network-analysis-a8c1305a5750?source=linkShare-62816d1e74c9-1516897410&gi=6ecddc7f2d95)

• Total Miners?
  
  From my scraping of burstcoin.cc, it appears that at the time of writing there were 19,461 active miners. Not too shabby.
  
  
• Number of pools?
  
  Burstcoin.cc also reports there are 31 pools in addition to 151 solo miners.
  
  
• Total Capacity of the Burst Network
  
  According to the blocks.fastpool.info Burst Explorer, the total capacity of the network at the time of writing (1/24/2018) is roughly 184,372 TB or 184 Petabytes. Though I’ve seen this estimate fluctuate as high as 240 PB in the past few days. For context, it would take 223,000 DVDs (4.7Gb each) to hold 1 Petabyte of data. So the current network size is around 41 million DVDs.
  
  
• Average Capacity Per Miner
  
  This number is still fairly low, at 9.5 TB. This indicates to me that while there are many large miners, that there are still many small miners involved.

This tweet has flown under the radar, it looks like.

There is experimental support for the NanoLedger S. (https://twitter.com/PoC_Consortium/status/955892219269074951)

Its possible theres development for Burst support for the Ledger Nano S. Hopefully it arrives by the end of the year.

Still a long way to go.....But seems they are in the right track....

I have no updates or news but look at Burst! This is very unusual because its doing the opposite of what most altcoins are doing now and its rallying together with BTC of all coins.

The new wallet (https://github.com/PoC-Consortium/burstcoin/milestone/1) is also only 43% completed, and theres no declaration of what block the Dymaxion would be activated.

Is this a pump and dump?

Its also important you read this if most of you missed it, I shall repost it here.

Clarification regarding the consensus sytem for the Dymaxion forks (https://www.reddit.com/r/burstcoin/comments/7y1lcb/clarification_regarding_the_consensus_sytem_for/)

Having 85% node consensus signalling for Dymaxion will NOT trigger it. Theres more work needed to be done.

I've been in Burst for a long time. Still hodling and waiting.

Isn't this Tangle technology what IOTA is using, I read that the technology do not do what it was promoted to do, I don't know why they want to change to tangle but one thing I see in this space is that they always go for the hype, it would be interesting to see how this pans out, but beware of what you wish for

You should do more research before you make a post about something you dont know. IOTA's Tangle is based on directed acyclic graphs or DAGs. The idea behind the Tangle is not the problem, but IOTA's implementation is, like most early cryptocurrencies.

When is the new wallet expected to arrive and is the majority of the community likely to support the update?

Burst 2.0.0 is maybe still a couple of months away. You can see the status of development in here (https://github.com/PoC-Consortium/burstcoin/milestone/1). Right now its 56% completed.

With that said, yes the majority of the community supports the Dymaxion with almost 85% of nodes signalling for it. But the PoCC wants it to be close to 90%. You can follow the nodes signalling in this page (https://explore.burst.cryptoguru.org/tool/observe).

Burstcoin sale ladies and gentlemen! Its on a 25% discount right now. Hurry up while supplies last, I truly believe that we are not going to see it at these prices once the Dymaxion is activated by the end of the year.

https://i.redd.it/fj94ejnpigh01.png

Tangle technologies was so hype last year and another project comes up this year. I read somewhere that iota still can not resolve the internet of thing problem. But i still believe their developer will make it work. Also i read at news samsung and fujitsu will use iota for their machine.

Nothing can stop the upgrade to the Dymaxion now. Most of the hard drive mining capacity are now transferring in mining pools that support the upgrade, and the nodes supporting the upgrade are on 87%.

Buy Burst now, you wont see it in these low prices by the end of the year.

The way for The Burst Dymaxion is paved. (https://twitter.com/PoC_Consortium/status/972188175836831744)

https://pbs.twimg.com/media/DX3nwbVWsAAL4Bw.jpg

https://explore.burst.cryptoguru.org/tool/observe

On the technical side Burst is doing very good, but on the trading side, dont look at the market lol. Burst is one of the worst performers compared to the rest of the altcoins.

If someone asked for some investment advice about Burst, I would say "dont buy, but watch". I still trust Burst will make it one day.

Just checked the progress and it now says the task is 100% complete

Congrats to the development team I'll give the new wallet a try

If anyone wants to join the community here's the discord invite link: https://discordapp.com/invite/R5JnSQX

I like the technology but the performance ist really bad. I woud not recommend to invest atm.

The golden rule of long term investing is "buy low, sell high". If you dont buy now then when are you planning on buying? When the price is high?

The best time to buy is now while its VERY cheap.

Someone made a 32 BTC sell wall at BTC.00000270 on Poloniex. There is no one but Burstnation who's capable of doing something like this. They have been very anti-Burst since the day the PoCC took over development. But why?

Its not like Burstnation are developers themselves. They are nothing but scammers issuing assets in the platform to dump on the community.

The Hard fork will be on block 500,000. That will happen on, more or less, June 11, 2018. The market has also reacted very positively on the news. Burst is now trading on BTC.00000340. I think last week is the last time we will see it trade below BTC.00000300.

After the hard fork we might not see it trade below BTC.00000500 anymore.

1st hard fork explained: changes in transaction dynamics (https://www.burstcoin.ist/2018/05/04/1st-hard-fork-explained-changes-in-transaction-dynamics/)

Paving the way for the Dymaxion

• The transactional capacity we described here happens only on the Burst blockchain. The Dymaxion will bring the real scalability (https://www.burstcoin.ist/2017/12/27/the-dymaxion-explained-in-laymans-terms/) that will make Burst a cryptocurrency for truly global use.
  
  
• But this first hard fork will also improve the potential of the Dymaxion: since opening and closing a Dymaxion layer will be made through an Atomic Cross-Tangle Transaction (ACTT) taking some place in the Burst blockchain, improving its transactional capacity also improves the numbers of tangles that can be opened and closed.
  
  
• When the Dymaxion will be enabled with the second hard fork, we are going to be able to open and close hundred of thousands of tangles per day – representing as much customizable and arbitrarily scalable payment channels for instant and fee-less transactions.

The market is reacting positively on the the PoCC's release of BRS 2.2.0 Pre-Dymaxion (https://github.com/PoC-Consortium/burstcoin/releases/tag/2.2.0) version of Burst and the upcoming hard fork.

The price now is BTC.00000365. We need .00000145 more to reach BTC.00000500. Will that happen by June 11? :-X

This is from the latest Weekly Burst Report (https://www.burstcoin.ist/2018/07/08/weekly-burst-report-43/)!

But I have not payed attention very closely. What were the other two hackathons? I tried searching the internet, but I have found nothing. Were they also kept in secret too?

• Something is brewing behind the scenes, but what is it? The PoC Consortium is currently doing a secret hackathon. This is the third one since they joined Burst, and it’s no secret that the other two have been very productive. Unfortunately, what the developers are working on cannot be revealed yet. Our guess: it will stay a secret until it’s ready.

https://i.redd.it/f5gce4exhb911.png

Burst can now be opted in on Generalbytes cryptocurrency ATMs, joining BTC, LTC, DASH and more altcoins. Great job by nixops. Its not big news but these are parts of the whole infrastructure that cant be taken for granted. Ty nixops and the PoCC!

I wish my 3 TB HD I bought to mine burst didn't go out on me. It's supposed to have a 6 year warranty, and it's made by verbatim(so I should be able to get help). But, I contacted them and never got a response.. Thing only lasted about 2 months and now it won't let me write anything on certain sectors. It seems to just be some bad sectors, but I can't get it to work at all. Anyways, i've always enjoyed this coin. At one point I had an Odroid XU4 out in my camper and it was mining burst off of my 100 watt solar panel and a couple of extra external drives I had laying around. Was basically free money. This one is really fun to mine if you have any extra storage laying around. I think it could do very well in the future also.

The problem must be in the hard drive itself. Burst mining doesnt do any write post plotting and it doesnt give your drives too much stress.

Theres someone in /r/burscoin selling his 8TBs for $80 per piece now if you are looking for more drives.

https://www.reddit.com/r/burstcoin/comments/8y37sy/im_not_mining_anymore_where_is_the_best_place_to/

Burst in all of its trading history has been always one of the last to pump. Trading tip, if you have some earnings from the recent rally, its a good plan to use some of that to buy Burst.

Quibus, the developer of Qbundle for Windows has quit (https://www.reddit.com/r/burstcoin/comments/8zxgrc/i_will_stop_with_burst_activites/) Burst. I dont know how this will negatively impact the price and the community's perception on Burst, but I know Burst can live on without him.

Having that said, Qbundle's development duties can be taken over by someone from the PoCC very easily.

Burst community member CurbShifter is developing CloudBurst (https://www.burstcoin.ist/2018/07/28/cloudburst-a-decentralized-cloud-storage-app-on-the-burst-blockchain/), a decentralized cloud storage app on the Burst blockchain.

You can check for more information on the app's Github (https://github.com/CurbShifter/CloudBurstDAPP).

I used to mine Burst and believe in the project. I would love for them to turn it around but I just don't have faith anymore, even with this news. The pettiness and drama in that community was toxic. There seemed to be scammers around every corner. The wallet was broken garbage which may have been fixed by now but updates were rare back then.

The proof of capacity mining is a great idea but you get the same problems as proof of work just with less energy usage. Big players buy tonnes of storage and small guys like myself mining with 5TB have to join a pool and then get so little in payouts that it is not even worth it. Not to mention that most of the mining pools were constantly getting DDOSed.

Sorry for the FUD but I just wanted the unaware to know what Burst was like from my perspective. Despite this, I truly hope the developers can succeed. Maybe then my remaining 850 Burst might be worth something.

The pettiness and the drama are behind everyone in the community now. Most of the people are also new to Burst because of the take over of development by the PoCC. They have made the software lighter, faster and better compared to the old code.

Try using the new client and you will notice a big difference.

Burst is coming to Coinigy (https://www.reddit.com/r/burstcoin/comments/964qwr/bustcoin_coming_to_coinigy/)

This may help in Burst's gathering for more liquidity from active professional investors and day traders. If you have any questions, click the Reddit thread link and ask Matt.

Burst now stable in its range now after touching BTC0.00000115 last two weeks ago. Majority of other altcoins too are doing the same action. Has the bear market torture passed lol.

Theres some good news from nixops that was announced in /r/burstcoin. The project now has a company thats developing something using the Burst blockchain. But because of an NDA, nixops and his team cant say anything more. But we will receive more information as it develops.

The future is bright!

Burst Business Announcements (https://www.reddit.com/r/burstcoin/comments/9d0d4m/burst_business_announcements/)

• We have a company that will be using the burst blockchain for various features for their business. This is a big step forward on non merchant business adoption. What does this mean for you? Well if you are a miner, you will enjoy the uptick in transactions.
  
  
• Burst is growing, and the swan is now beginning to re-emerge. We(CA Team), have been busting our tails on getting community engagement in and outside of just online. We have definitely been getting the word out there.
  
  
• It does take time, and in some cases NDA's to not disclose until the business' themselves are ready to announce. We wish we could tell you more in some cases but can't until the time is right.
  
  
• Over the next few months, from our team expect business adoption news. These businesses are not merchant's and will be using burst in a different way than you would if you were just a merchant/vendor scenario.
  
  
• We will be talking with CEO's and founders of each of the businesses coming on as well to allow them the chance to talk to you the community. It will also help some in seeing why others have come to the conclusion to the use the burst blockchain over others.
  
  
• Our first announcement was during the meetup with https://cratustech.com CEO Zeki on this past Sunday. We are meeting with him today to schedule a more formal interview and announcement to be published as well.

We have another interview with Burst's community leader and evangelist, nixops.

Nixops on the Elysium Project Podcast (https://www.youtube.com/watch?v=v9os4mtBw_4)

In this Podcast nixops talks about the banking system, the history and the need for Bitcoin, cryptocurrencies as a replacement for the banking system, mining, Burstcoin and Proof of Capacity.

Its a very relaxed interview and no shilling, only truths.

To all the Burst holders and the Burst community in Bitcointalk, dont forget to vote for Burst in Numex exchange. The Top 10 coins will be listed. Burst is on 8th place now but it needs to move up to be safe. Ty everyone!

Click to vote for Burst! (https://www.reddit.com/r/burstcoin/comments/9jpt1e/reminder_please_vote_to_get_burst_listed_on_numex/)

although the project is highly favored but still requires time for the development stage.
and of course when it is listed in the exchange pump and dump will always be there.
someone will try to take advantage by issuing good / bad news depending on the situation, and when it arrives you must be ready to enter it.

Burst is not favored as highly as it deserves to be. You can use its market value as a direct representation to show it. The general community just ignores it in preference for the projects that have a marketing budget lol.

Burst will doing great :) i think this project has a lot of potential and it will be a big sucess!

CloudHurstDapp is now available on Arch Linux repository (https://aur.archlinux.org/packages/cloudburstlib-git)!

https://i.redd.it/o8f1nfi9l2r11.jpg

Arch is the first Linux distribution that has integrated Burst extension Dapps in their packagge manager. But theres more. Burst is also coming to Ubuntu, Debian and CentOS package managers!

Daniel "nixops" Jones was a speaker in the Blockchain NW Summit (http://blockchainnw.com) today. This is a new age for Burst, a project we can start to be proud of enough to present it in front of the people in blockchain conferences.

https://i1.wp.com/blockchainnw.com/wp-content/uploads/2018/08/Untitled-design-1.png

The Burst community owes a life debt to the PoCC and its contributers lol.

The Proof of Capacity Consortium has an announcement of an announcement (https://www.reddit.com/r/burstcoin/comments/9ueics/announcement_of_an_announcement/) lol.

• By the end of this month we will inform you about a clandestine project of the PoCC (and friends). Is it big? You bet.
  
  Naturally we won't give you more hints for now, other than this will show you - beyond any reasonable doubt - our commitment to this coin. Furthermore, it will prove that neither the Dymaxion, nor TAs, nor PoC3 are - as some lovely haters have expressed it - "pipe dreams", but that we can make every single one of these happen.
  
  Maybe one more hint before end of November.
  
  Stay. Tuned.

Is the announcement going to answer this?

https://pbs.twimg.com/media/DnUa8UOX0AEEi3_.jpg

Nixops also was supposed to have a good announcement but it may have been postponed to be announced on this month. The future is bright!

Bump.

We from the Burst community wouldnt want all of you to miss the investment of a life time. Its starting now. The big green candle is lighting up lol.

Burst - Aspera Wallet (https://www.burstcoin.ist/2018/12/01/aspera-interstellar-capability/) was announced on the 1st of December. I was a little skeptical at first but this must tell all Burst holders that the PoCC is devoted to take the project to the top.

The market also took it well as the price is holding on to some of its gains since the announcement of Aspera's announcement.

https://github.com/PoC-Consortium/Aspera