uray's miner seems to work quite well.

Could someone please explain how shares work, in the pools which offer them?  For instance, on the Dividend page at http://burst-pool.cryptoport.io/ it says daily earnings were 57399.8 for a profit of 5043.5.  Where does that profit come from?  It is much bigger than the 2.5% pool fee.

I like the existing logo better.  Combining it with hard drive imagery would be clever, though.

What network effect?  How would it help more people to know about it?

How does the blocknet/supernet improve the coin's utility?

Out of curiosity about a claimed discrepancy between locally- and pool-calculated delays, I joined crowetic et al.'s pool.  He paid me the 1600 burst he promised to newcomers, and it all seems to be running smoothly for the last 15 hours or so.

Thanks, crowetic!

I'm not seeing this with Uray's miner and crowetic's, fanepatent's et al.'s pool.

You can check the commit, which is a very simple change, and run it from source, if you're paranoid.

Thanks, I'll keep an eye out.

With dcct's miner on ubuntu, I occasionally get failures like this:


No mining happens after that, these errors just keep repeating.  Anyone know why, or how to prevent/mitigate this?

Can someone please let me know how to participate in the testnet?

The key part you may be missing in the "shoddily made flow chart" is that it "Does not include caching plot\[s\] to disk and retrieving them."  For $130 plus plotting and optimization time, a 4TB drive can store about 4*(10**12)/(2**18) = 15,258,789 precalculated values corresponding to the boxes in the bottom right-hand corner of the diagram (i.e., "Hash, then hash with the resulting hash, etc.")  The other hashes in the mining calculation are fast or only computed once per block, so you can check these 15M values as fast as you can read them off the disk.

Even the latest bitcoin mining hardware provides at best 5 orders of magnitude speedup over CPU hashing speeds, so your custom ASIC burning hundreds of watts might just about come within an order of magnitude of the speed achieved with cheap commodity hardware burning less than 10 watts (see figures 11-13).

A custom ASIC for shabal hashes would be super useful for the initial plotting, though.

Just watching this part.  It looks like the shop owner admitted complicity in Silk Road drug transactions.  

52m23s:


Followed by footage of a drug dealer walking into the shop, using one of the computers there to browse the cannabis options on SR, and describing how he's moved to supplying his deals from SR.

That really surprised me.  I hope everyone involved sought good legal advice before deciding to include that in the film.

There's still 10000 bursts for you, if you can talk the price down to 50s by next week.

Java is compiled, there is an implementation of java which basically exists because other corporations need a not-Oracle java, absolutely not under Oracle control, it has a very cumbersome syntax and culture for prototyping, and has approximately the same complexity as the C++ runtime.

How's EXO doing, anyway?  This disinterred thread is the first I've heard of it.

For a consensus algorithm to work, you have to force some kind of commitment of economic resources to solution of a randomized problem.  It may be possible to force solutions to useful stochastic algorithms, but it's tricky.   The only viable coin I know of which even sort of does this is Primecoin, but as bitcoin shows, you don't need the consensus algorithm to be independently useful for the coin to be useful.

The burst consensus algorithm is much less energy-intensive than bitcoins, though.  This means that once a hard drive is committed to the burst network (a significant upfront cost), the marginal cost to keep it participating in the consensus is much lower than for bitcoin.  This means that transactions are always going to be cheaper in burst than they are in bitcoin, especially once the mining rewards run out, and that financial coordination of resources is always going to be more efficient in burst than in bitcoin.  Of course, proof of share consensus is even cheaper, but distribution of wealth means that PoS and even PoW will probably never be as democratic as proof of capacity (it's hard to see how there could be orders-of-magnitude efficiency gains in specialized hardware for burst mining, though I could be wrong), and this is why burst is exciting even though it's a "clone" of NXT, which is PoS and 100% premined.   The democratic nature of burst's consensus algorithm is not just ideologically appealing, either.  It means responsibility for the consensus is spread much more uniformly across a much broader audience, making collusive corruption much harder to pull off.

So no, I would say that the consensus algorithm alone makes this more than just another "clone coin."  In fact, being a "clone" of NXT is a huge advantage, because the NXT premine is funding all sorts of cool development, which Burst can fold in relatively easily while at the same time providing much more trustworthy security for its blockchain.   And that's not to say there aren't cool things being independently developed for burst.  There are.

That was me.  I got tired of waiting and bought at a higher price.    However the price could indeed fall and I wish it would.

Maybe a lower-speed drive would benefit more from optimization?  (Seeks would take longer?)

I don't think anyone's done much comparison of brands.  I've been loading up on Seagate 4TB's, because they're cheap on amazon.  Seems to work OK.

If you had a section which reliably reported on new technical developments like burst's hard drive mining or cryptonote's ring signatures, I would pay to read it.  It is quite painful to keep up when the only source is this drama-drenched forum.