Please can anybody tell me the real life solution Burst coin is solving and the real world use of the tokens.
I echo Shiroslullaby's comments. The real world "problem" it solved for me.... I got into Bitcoin a little while ago (a year+). Obviously way too late to mine. I'm not much of a computer/techie guy but wanted to look into mining another currency. When I looked into it they all seemed complicated and would require buying more hardware in a process I didn't fully understand.
What I did have was free HDD space (I own a business and have some extra computers). When I found BURST the process was easy and was able to mine on resources I already have. And as mentioned previously...it is very low energy/green/eco friendly...I essentially mine 24/7 in the background of computers (and now external hard drives) that are already on. It's pretty much as close to "free" money as you can get for me.
The other "problem" it solved for me as unlike many other cryptos...you can take BURST and invest in assets and earn a decent ROI. Instead of just holding or dumping on an exchange.
But obviously like almost all cryptos you can't just walk into any store and use BURST. Then again...where I live I've yet to see anyone accepting Bitcoin yet either.
From your explanation, there is no real world problem solved by this project, mining was designed for a purpose in Bitcoin POW and the cost incur during mining is rewarded by Bitcoin coins, but we all know that Bitcoin has disrupt so many businesses, especially the financial sector and the remittance market. In my opinion this coin has no real world value/use but just use for speculative purposes
You have your opinion I have mine...that's what makes the world go round. I gave an example of a real world "problem" (in MY world) BURST has solved. Quite obviously BURST is rather new (about a year with current development team)...of course it hasn't been adopted by merchants worldwide.
20/20 hindsight is a powerful tool...everything you say could be applied to Bitcoin as well if you go back to 2008/2009. Even today where I live I could drive endlessly, go into countless stores and not find a single merchant that accepts Bitcoin...in fact I've never seen one.
