Looks like a good project with a great team. What kind of a currency can I use to purchase your tokens?

This seems to be quite an interesting project, I like the idea, will take a deeper look into the white paper.

This seems to be quite an interesting project, I like the idea, will take a deeper look into the white paper.

For BURST mining you dont need anything, just your HDD with plots and start mining.


It depends on your HDD capacity, Network difficulty and the BURST price.
At current diff and price, 25Tb will generate about .0015 BTC/day


It´s a blockchain, there is no uptime, you can access always to online nodes.


For pool mining, you can mine with a 1Mbit/s or even less, regardless of your capacity.

Congrats!!

You make a really good job.

Let´s make BURST greater with everybody effort.

I still think the big difference between BURST and other currencies is the great possibilities that gives AT. therefore we must create attractive charts and so people began to learn, invest and mining BURST.

It occurred to me that if we created the first roulette was totally fairy , paying 37 times the bet instead of the 36 times you pay at casinos, we would have a world first we could advertise and hopefully attract a large number of players.

It´ll be an AT that accept bets and every a,previously fixed, number of blocks (every 5 or 10 blocks) make a calculus from scoop (or finder adrress or deadline found....) to determine the winner number. Then it pays 37 times the bet for single number bet, or 37/2 for horse bets and so on.

At start, we could fund it with donations, and establish limits to the bets that allows AT running for a long time.

I can´t code the AT, but I´m sure that there is someone in this forum who could do it, if you thinks that´s a good idea.

I´ve been here, with BURST comunity from the early september 14. I write infrequently  because I´m spanish and  I´ve a very bad english, but I read the BURST treath every week. I´ve been mining BURST with some Tb from then and I buy some others BURST. Nowadays I own about 4 million BURST, but I spend much more than the actual value.

I´ve just read Crowetic document and I DON´T agree in some of the questions.

i) I can´t understand the reason to change the reward schema. I, like many others, think that if the BURST provided is unlimited, BURST will have in a not very long term a zero value.

ii)I´ll, also, not change the reward scheme for creating a donation fund, it would be created for the pool administrators and major solo miners, giving the 5% or 10% to that fund for each block found.

iii) and the most important, I DO NOT AGREE that the person who has been blackmailing us over the last six months and is the main cause of the lower price of the BURST, will become the maindev. He has not shown at any time has the capabilities to perform the job.

BUSRT wallet and BURST blockchain has no problems to be cahnged, the maindev must be someone with high capacities in Smart Contracts (AT) that is the great diference of this coin with all the other ones. We need to improve AT´s and generate enthusiasm in people to use this currency, because BURST it´s one of the most disruptive and high-tech coins and those are our most valuable asset.

I give my vote for maindev to vbcs, helped for someone with java and/or NTX skill.

That´s my opinon

I think that the scoop is 32-bytes, but for the deadline calculation it used 2 scoops (64-bytes), the calculated and the next one.

I think that we are talking about BTC (6 years ols) and BURST (some months old) like if they are the same. 6 year ago, you can qet a block (50BTC)/day with a computer and you dont get almost any profit (remember the pizza for 10,000BTC (https://bitcointalk.org/index.php?topic=137.0)). That´s a pizza (40$) for more that the total daily reward (7200BTC). Nowadays, the total reward is 2,518,880 BURST/day, that is about 1,000$.

So, we all are talking of differents things. BTC was a fairy distribution on early ages, like BUSRT, but as soon as it achieve value it become less fairy.

Let´s hope that BURST ditribution will become unfairy, because that will be good for BURST.

Could you give me any IP adrress for my wallet sync. THKS

Anyway, if sometime BURST worth a lot, ppl would find systems to miner it quickly than others, and this would be good for all of us.

Not so far.....

A i7 can get 20MHash/s and a Antminer S4 gives 2 THash/s. So there is a factor 100,000.

In BURST ploting a i7 calculate 20,000 nonces/minute (about 5 Gb/min), if you apply the same factor, the hipotetical BURST ASIC will calculate 0,5 PB/min, an equivlalent in the 4 minutes block time to a 2Pb (15% of actual size).

The cost of the Antminer S4 is 1500$ and consumes 1500W, the cost of 666 3Tb HD (100$ each) is 66,000$ and consumes (8W each) 5300W (and you would need docens of computers).

So, if the price raise and BURST got popularity, ASIC will come, but don´t worry, Bobafett, for then we will drive our own Ferrari without crowdfund the FerrariSharing.

Proof of Capacity is a diferent way of making coin disrtibution, so the advantages or disvantages must be seen in the coin distribution fairness.

For Proof of Work system it was a fair distribution until the price raise and people strart using specialized equipments to get more coins (it has nosense to stock hunders of computers with docens of GPu on each or ASIC that can make very simple and fast operation, but nothing more)

For Proof of Stake, if the stake is high the coin become inflacionist and has no worth, but if the stake is low (or even 0) is really difficult to ensure the blockchain, so is easy to attack it.

BURST, the unique POC coin, uses the HD for getting coins but, for sure, if the price raise there will appear ASIC and we sill stock docens of HD that could be used for other things.   

Is there any reason for going out of BURST?

I´m also mining it, while is at really low dificulty (even lower of dificult minimun). I´m sure that with a some marketing movements, this coin will have value in the future... but perhaps it´s no the moment.

I really don´t know, but we will find a solution, and I reserve half of the money for that.




Look at https://bitcointalk.org/index.php?topic=731923.0, get your BURST wallet, mine some of them with your HDD (or buy them) and invest in the project. As soon as BURST reaches 1$, we will buy a Ferrari and we all will drive it.




For sure we will find the way dor everyone to drive the car. Perhaps one solutions is to make an ordered list of founders and that everyone drive during two or three day to the home of the next driver, and so the Ferrari goes around the world.





What I really want is to promote BURST and the BURST crowdfunding platform.

Te ayudo, si quieres.....

Using BURST crowdfunding in-blockchain services, I´ve just founded a crowdfounded for sharing a Ferrari between all participants in the project.

The name of the crowdfund project is FerrariSharing and you cand find in the ATcrowdfund page of your BURST wallet.

More information about BURST in the forum (https://bitcointalk.org/index.php?topic=731923.0) or in http://burstcoin.info



Hope to see you driving a Ferrari.

Nobody wants to drive a Ferrari



EDIT : I add an anouncement in https://bitcointalk.org/index.php?topic=970650.0 for this crowdfund project, trying to advertise BURST AT capabilities.

You can use a pool if you set a correct deadline for the nonces you send (in my example, that you mine as a 2.5Tb power during 6h, you can set deadlne to 5000) and that is no a great load for almost any pool. That make your deloy easy.