Burst is a NxT clone?
Nope, Burst is a Nxt fork.. big difference, burst actually does a few things Nxt can't do. And considering all the issues with POS, Proof of Capacity is a pretty stable Ah ok thank you
It's innovative but isn't dangerous for the HDD?
Not that much... Google did an in-depth study on hard drive failure rates. Usage barely plays a part when it comes to failure rates: http://static.googleusercontent.com/media/research.google.com/en/us/archive/disk_failures.pdfDuring the first 6 months of owning a hard drive, heavy usage could increase the odds of failure but after that.. it's negligible. And if your drive fails during the first 6 months.. it was probably going to fail fairly soon anyway, in my opinion.. after all it probably means there is a manufacturing problem or it was tossed around too much during shipping or something. Not to mention that though Burst initially heavily uses your hard drive for plotting, after that, I'd arguably consider it low usage.. every 4 minutes you read a few MB from it, and you don't need to write back to it, which isn't too bad. And it's not like it's constantly reading and writing. Glad to see that you are thinking about the coin, happy to answer any questions you might have. |
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Oh, I wrote a lot of 6809 assembly when I was a kid.  I still want to know what the best tools are. Awesome.. a lot of people hear assembly and run the other direction |
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Has there been any work on the development environment for AT? The spec at CIYAM seems very low-level.
Is a crypto API going to be added to it? Doing crypto using the AT instructions would be very expensive.
How does the AT code interact with reward assignment? Vitalik Buterin thought up a mining contract where the terms of mining would be very enticing, and would lock participants' coin into the contract using a heavy penalty once the mining pool controlled more than 50% of the hashing power, giving the controller of the contract the power to double spend. Such a malicious arrangement could be simplified if AT code can automatically set reward assignment.
It would be great to see the source code for the AT branch of burstcoin. Is it available anywhere?
Yeah, it is indeed assembly code that will be working initially, just yesterday started working on trying to get a simple compiler written.. anyone want to help, let me know. That being said, assembly isn't impossible to write on your own. and you get control of the program and can write it very efficiently, which might be important to some when posting by the instruction. Dev had plans to figure out reward assignments over weekend as previously every instruction was being considered equal. You want to discuss further with him, he might appreciate it. But it's important from a security standpoint that ATs are written in assembly in the core code because that makes it easier to catch bugs. If we build a higher level language on that can compiler down to assembly, that's ideal and intentional. One other thing, vbecas and probably me (I'd want to be paid), maybe others, would be willing write ATs/help people learn if they need help getting started. |
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So, I'm curious.. can you tell me, what will the price of Bitcoin be tomorrow? Or for that matter, just in general, what are your Bitcoin predictions? Bitcoin being big enough that there can be no pumping and dumping, meaning that if you can predict that accurately, it'll be a true prediction. Not a manipulation.
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Probably superNET.
Any coin that implements Smart Contracts automatically becomes tradeable with any other crypto that has them (or probably those on the supernet too.. however supernet plans to do it's handshaking an AT should be able to do it too) Point being.. we don't need the SuperNet if that's what you mean. Is smart contracts integrated into burst yet? It has been announced that it is coming soon and that burstcoin is currently working on them |
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Less than one BTC.. but I own a few million Burstcoin! Big things going on for Burstcoin..
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@Passion_ltc was more replying to merkalor than you.. just chose your post because it explained what SN was. Thanks. Yes i mean SuperNET So there is no chance  More like I suspect that Burst will have it's own Supernet working long before the Supernet is up and running. Then when Supernet actually is working, we can link Burst into the Supernet, whether or not the Supernet wants us.. because we have ATs. So, yes, we will be a part of the Supernet.. just happens that jl777 may or may not own enough Burst in order to make them part of his centralized Supernet Asset. Is there are reason it's a bad thing if we aren't officially a part of the Supernet? |
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Probably superNET.
Any coin that implements Smart Contracts automatically becomes tradeable with any other crypto that has them (or probably those on the supernet too.. however supernet plans to do it's handshaking an AT should be able to do it too) Point being.. we don't need the SuperNet if that's what you mean. |
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Burst to the SN?
What is SN? |
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Anyone know how often the block reward decreases in terms of blocks? (As opposed to once per month)
Didn't dev wright that early on? I'll check Thanks burstcoin and mmmaybe who've both told me that it's Block #10800 for anyone else who is curious. |
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Anyone know how often the block reward decreases in terms of blocks? (As opposed to once per month)
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I never understood why NXT went with 64 bit addresses. They're still long enough that you have to copy and paste them, but they're significantly less secure than bitcoin's 160 bit addresses. This is an unfortunately part of NXT that Burst has inherited.
If it were up to me, I would transition Burst addresses to standard 160 bit scheme used by most other crypto-currencies. I'd also change the account system to discourage address re-use rather than encouraging it. This is better for user privacy, and more resilient against the advent of quantum computers.
I would use a longer wallet address, agreed. But I love Nxt's RS wallet address. It's a great idea to somewhat protect users against copy and paste mistakes and that kind of thing. Which their wallet address does. |
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That makes sense.. could that explain the people who had their accounts hacked a little while back? Seemed like a few people did.
Hacker simply brute forces passwords attempting to find unregistered public keys?
I guess only accounts with weak passwords got hacked. Public keys are 64 bit wide - that's not safe but still too much for the average attacker. Could be.. wallet somewhat forces you to pick a strong password, so I don't see many people choosing their own password.. but could be. And all it takes is one above average attacker! |
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I think that is not a good idea, because if they public key are not registred in the network, those accounts are really unsafe, and we make a donation to the thiefs that looks for that kind of accoutns.
Can somebody explain why are accounts with no public key unsafe? Its because possible password collision? Yes, there are infinite passwords that lead to same BURST address ... (thats not really a collision) ... to bind the address to your password a incomming transaction with your public key is needed, after that only your password will work, all others will cause a exception ... that the address is already taken. PS: you can make a incomming transaction without public key, will work, but wallet will be accessible with all passwords that lead to this address, until you make a outgoing transaction. That makes sense.. could that explain the people who had their accounts hacked a little while back? Seemed like a few people did. Hacker simply brute forces passwords attempting to find unregistered public keys? |
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Nxt recently posted in their forums a list of developers and donation addresses... might be nice to send some money to their equivalent Burst accounts as a way of showing our appreciation for the hard work that got Burst to the point of being as awesome as it is and some of it's cool features. It may also be nice from a PR point of view in that it allows us to introduce some Nxt developers (and the community in general) directly to Burst in a way that generates friendly feelings plus forces them to download the Burst wallet if they want to access their Burst. https://nxtforum.org/general-discussion/core-dev-recognition-guide-and-donation-addresses/Keep in mind you remove the "NXT" and replace it with Burst, it becomes a Burst wallet address accessible using the same password. Example: NXT-4BTE-8Y4K-CDS2-6TB82 -> BURST-4BTE-8Y4K-CDS2-6TB82 What do you think? Edit: For that matter, we raise enough, might also make for a nice feel good PR piece... |
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Can't you always just send your funds from a Burst like blockchain to a Monero like blockchain, that has anonymity, send money from one account to another one over there, then then send it back over to a Burst blockchain again? Just make sure it's a standard amount of money being sent, such as breaking it into 100 Burst per mix so you can't match amounts.
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Hmm.. there was a certain funbot or funcoin.. something like that that scammed the Nxt community. Yeah, be careful downloading any software, particularly in the cryptocurrency field. It's a great way for scammers to go after your passwords/wallets. Nice article! btw, found a typo: "POR" which stands for "Proof of Work" |
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Still a work in progress and it may be going up and down as we make some changes and figure out a better way to host it but still allow developers to access it and make changes.. but you guys may be interesting in checking out burstcoin.info Wulfcastle put a lot of work into this one and Irontiga is hosting the site, thanks Wulfcastle and Irontiga! |
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I have been around since the early days, and I'm still holding. Still have every BURST I ever mined. I would love to help out with anything I may be capable of assisting with, just let me know. I have time, GPU's, and HDD...
Awesome! Any special skills or favorite things to work on? |
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