Vermalen's update is much appreciated but I would like to add more details in this week's Burst weekly report.

The project is undergoing one of the most important milestones and I hope some of you would join us in support of what will be one of the greatest developments in cryptocurrency history. The Dymaxion.

• In preparation of the pre-Dymaxion hard fork planned for block 500,000, testing of the wallet is going well. PoC Consortium developers rico666 explains: “so far it looks like the core is stable, but the UI needs more polishing. This is not a real showstopper though.”
  
  
• PoC1 to PoC2 switch testing still needs more time – it has highest priority now.
  
  
• The PoC Consortium started to replace all its 1.3.6cg wallets with BRS 2.0.4 (pool backends, public nodes…). The pools have been running stable and winning blocks with the latest version. We also have positive reports from 3rd parties who have done so for over a week without problems.
  
  
  • The PoC Consortium therefore suggests all 1.3.6cg pool operators do the upgrade. In the near future, upgrading from BRS 2.0.4 to BRS 2.2.0 is going to be quite easy so by upgrading from 1.3.6cg (or lower) to 2.0.4 you are doing most of the work upfront.
    
    
  • This also means the 1.2.9 lifelines are being cut now. As a reminder, 1.3.6cg public nodes are the only bridge between newer versions and the old 1.2.9 version. With the decrease in number of 1.3.6cg nodes, it can be expected that 1.2.9 wallets will be dysfunctional even before the hard fork – which is intentional to ensure a smooth fork and a more reliable network.

Its good to see this coin finally pumped. I got some from a signature campaign I joined last year lol.

When Binance listing?

A writer from newsbtc.com, called JPBuntix, wrote this opinion piece to refute the assertion that PoW mining of BTC is wasteful. But his argument is weak. He did not tell us the fact that electricity is a finite resource. That is why big corporate miners move from country to country like parasites for mining profits.

Another idea he suggested is renewable energy. JPBuntix did not tell us that the cheapest way to generate electricity is by burning fossil fuels. What corporate miner is using 100% renewable energy?

Proof of Work is the best to secure blockchains, but it will not be sustainable.

Just build your site and worry about the traffic later. What matters is to make your service better and put a splash of originality even though it is a copy a other established ICO listing websites.

You dont have to reinvent the wheel to start something new.

Sometimes its hard to day if those accusations are true. Maybe the forum should have its own "exchange review" thread done by the staff or a trusted legendary member.

That said, Bitsane was one of the sponsors in Consensus 2018. The exchange is not a scam but it might be run badly by the owners.

Good! I brought it up because I know someone who is as paranoid as me will sooner or later. But its nothing PoC2 cannot fix.

Having that said, maybe the next order of business is mitigating the possible grinding attacks on Proof of Capacity, or is that not a capable attack on Burst?

Ty for taking some time to reply to your fans lol.

Another article on the wasteful use of energy in BTC's PoW mining algorithm. Bitcoin purists will find some reasons to justify PoW's wastefulness. What they should be doing is find other alternatives for PoW.

Burst and PoC might not be the answer for them, but it plotted the way to find the answer.

New study quantifies bitcoin’s ludicrous energy consumption

The US defense budget surely needs filling up again lol. They have been doing that post World War II by making the IRS more efficient in collecting taxes, increasing taxes and doing things like whats shown in that news article.

North Korea should take the olive branch now before its too late lol.

Coinmarketcap can do it. The site already has all the APIs and data in place. All they need to do is have an indexed version of the site and hopefully have the average value of the top 10 in each index.

I think that would assist investors to know which part of the market is "hot" and which is not.

You should also make sure that you didnt use the same password and email address in your other accounts lol.

Some newbies make that same mistake over and over irregardless of the warnings given to them.

No but I think its a good idea to make a coin ranking website like Coinmarketcap but with the coins indexed better under different classifications. PoW and PoS should be separated if you ask me, and more indexing under PoW and PoS are needed.

If coins do the same thing then you should check their Github and try to see what project is more active in development.

Thats true. Consensus this year has been so far underwhelming for the market in contrast to what happened last year. Its the bear market. It indicates that no amount of "good news" can push the bulls if the bears are, right now, dominating them.

Heres an expert chart analysis shared in /r/burstcoin. But we already know whats coming for Burst. I will be a rocket ship theme park ride to the moon lol.

PoC2, dynamic nodes and dynamic fees are just the basic upgrades to make Burst as good as or even better than most cryptocurrencies.

BURSTCoin (BURST) Hard Fork (300% Earnings Potential)

TRADE INSTRUCTIONS

• Buy-in: 0.00000260 - 0.00000350
  
  Targets:
  
  (1) 0.00000420
  (2) 0.00000490
  (3) 0.00000570
  (4) 0.00000670
  (5) 0.00000800
  (6) 0.00000980 (All time high)
  (7) 0.00001170
  (8.) 0.00001400

Buying is better and the cheapest way to invest in Burst. It is very undervalued of you consider the mining difficulty, the development done today and the potential destination once the two hard forks are successfully concluded.

I hope you have at least 100,000 Bursts in your wallets. It is almost a sin not to have that amount at these cheap prices.

Rico, what is your opinion on this blog by Siacoin's lead developer? Do you think it is possible that some solo miners in Burst are exploiting the time memory trade off "attack" by using ASIC miners on Burst?

The State of Cryptocurrency Mining

Maybe if after the hard fork to PoC2, we see a significant reduction in total mining capacity, it would be proof that Burst was exploited, no?

The reason why Localbitcoin is now asking for ID is to avoid regulatory problems. How sure are you that Localethereum will not be pressured by the regulators to do the same? Is the service decentralized? But what about the website, it can be taken down or given a cease and desist order.

Okay so you have been trolling the internet for 12 years lol?

No I wont see your Twitter page because all you want is followers to listen to your crap.

I like Uberse's style. He stealthily included Ethereum in the article in a sentence that says both BTC and ETH are good stores of value lol.

Ethereum is not a good store of value because what it promises to deliver will not be delivered. Lets watch how long they can keep the ongoing scam last.

Is there a market for a darknet Localbitcoins type service? I think it will have to charge more. The price on keeping your anonymity is high nowadays. If you do not want to. You can always verify your ID on the regular Localbitcoins lol.

Newbie account, long post. That looks like he copy pasted it.

But to answer if "cryptocurrencies is unsupported", yes it was true in the beginning in the case of BTC. Some were correct to say that it was a ponzi scheme. But not anymore today because theres economic activity behind it now.

Most of the altcoins still are considered ponzi schemes.