BurstDevTeam (OP)
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July 06, 2016, 11:02:47 PM
Last edit: May 09, 2020, 05:28:07 AM by BurstDevTeam |
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 NEWS AND ANNOUNCEMENTS
Hard Fork June 20th; Codename: Sodium (5/8/2020)
Burst is soon to experience another milestone. A hard fork will be performed on approximately June 20th. Read the details in the link, spread the word. Big things are coming. Link - https://burstwiki.org/en/
Great BURST Introductory Video (7/26/2019)
The Burst Marketing Fund has created an awesome introductory video to Burst that you can see here - https://www.youtube.com/watch?v=R0yIOWe2i-Q Check it out, and help us spread the video and Burst awareness!
BURST BOUNTIES (Ongoing)
If you want to get yourself some Burst coins, head on over to the Burst Marketing Fund Team's Trello Board. There you can go over the list of opportunities to earn some Burst, and also post your own ideas and suggestions for new bounties.
 WHAT IS BURST?
Burst is a cryptocurrency and an open-source decentralized blockchain platform that connects people, companies, and financial institutions. It allows you to move value – according to your own rules – within a scalable, green, and customizable ledger. It has multiple core-level features and has been running publicly since August of 2014.
Burst is a deflationary currency. The total number of coins that can ever be mined is capped at 2,158,812,800. The mining period for Burst will end in the 2033.
| Video - Burst Introduction 7/26/2019
| Video - Burst Introduction 12/28/2017
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Burst was officially introduced on the 10th of August 2014 with a goal to solve the largest problems faced by other cryptocurrencies:- lack of decentralization
- unsustainable waste of energy
- unfair pre-mines and ICO releases
- supremacy of corporate interests and large mining operations
Burst is the first cryptocurrency secured by the energy efficient Proof-of-Capacity algorithm (PoC). Bitcoin and many other “altcoins” use the unsustainable Proof-of-Work model that is widely regarded as a pending environmental disaster due to excessive energy usage. The Proof-of-Work model provides for network security by requiring computers to needlessly and repeatedly perform computationally intensive hashing functions in real time. As network difficulty increases over time, an arms race to remain competitive has emerged whereby Proof-of-Work miners employ ever more powerful processors, graphics cards, and expensive application-specific integrated circuits (ASICs). The energy costs are astounding with electric usage devoted to Proof-of-Work estimated to be more than the total usage of some countries. The Bitcoin network's annual electricity usage alone is frequently sited as exceeding that of the country of Switzerland. Burst’s alternative Proof-of-Capacity algorithm provides equivalent security using regular computer resources and inexpensive hard drives to store and retrieve the results of hashing functions that have been pre-computed and are reusable in perpetuity.
Decentralization
Burst addresses the centralist tendency problem plaguing other cryptocurrencies by further using an algorithm that is ASIC-proof. With no possibility for ASICs to replace regular everyday hardware as a minimum barrier to feasible entry, continued decentralization is assured.
Energy-Efficient
Burst uses minimal computational resources beyond that required for initial setup. It is estimated that a Burst transaction uses several orders of magnitude less energy than that required to process a bitcoin transaction. This makes Burst eco-friendly and green. It can be mined using something as small as a Raspberry Pi.
Fair Release
Burst was released with advance public notice, without premine, without airdrops, and without an ICO. All Burst in existence today has been mined beginning with the genesis block using the PoC algorithm.
Equal Opportunity
Because there is no need to buy expensive specialized hardware, Burst is and will remain accessible to anyone who owns a personal computer. No matter how well funded an individual or organization, they cannot use expensive equipment to gain advantage over regular miners using regular computer equipment.
The Burst Project is a Team of Volunteers
Burst has a large number of individuals who have stepped up and donated time, skills, and money into the project. Below is a representation of those individuals, but far from including all of the people who have contributed.
 Graphic design for this ANN by BURST community member SKIPPER. Feel free to contact him if you are wanting work done.
BURST ADDRESS - BURST-2N7K-HBL7-JCUG-65U5U
Email Address - SkipperDesign19@gmail.com[/list] |
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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BurstDevTeam (OP)
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July 06, 2016, 11:05:12 PM
Last edit: February 22, 2020, 08:26:26 PM by BurstDevTeam |
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BurstDevTeam (OP)
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July 06, 2016, 11:07:36 PM
Last edit: March 13, 2019, 07:49:03 PM by BurstDevTeam |
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Proof of Capacity (PoC) and MiningWhat is Proof of Capacity (PoC)?
Proof of Capacity PoC (also called Proof of Space) is, in general, a mechanism to ensure that a party has dedicated a particular (significant) amount of storage space towards a specific goal. Burst uses PoC in the process of transaction verification for the validation and generation of blocks. Here, miners use a given amount of disk space to fill with plots. The more disk space is plotted, the higher the chances to generate (win) a block. PoC is thus in direct contrast to other consenus algorithms like Proof of Work (PoW) and Proof of Stake (PoS) where block generators need to proof the performance of some difficult computations or the ownership of a significant amount of currency, respectively.
Advtantages of PoC
In contrast to PoW, PoC is considered to be more eco friendly. While PoW requires expensive computations each time a block is generated, PoC puts most of the required computational costs up-front in the plotting process. Reading the plots in order to proof the designated disk space investment is much cheaper. Additionaly, users can mine using their existing hardware, instead of having to to invest in special purpose hardware like e.g. ASICS for Bitcoin mining.
In contrast to PoS, PoC allows a fairer distribution of coins as they are generated over time and assigned to active miners. In a PoS coin like NXT, the number of coins is fixed from the beginning and has to be distributed somehow initially. This leads to an unequal distribution of wealth to a few selected early adopters, e.g. via airdrops.
Plotting - https://burstwiki.org/wiki/Plotting
Creating Plot Files - Technical Information - https://burstwiki.org/wiki/Technical_information_to_create_plot_files
Mining - https://burstwiki.org/wiki/Mining
Mining, Block Forgin - Technical Information - https://burstwiki.org/wiki/Technical_information_about_mining_and_block_forging
PoC Articles
Hackernoon - https://hackernoon.com/burst-part-3-proof-of-capacity-the-green-alternative-8e2651211671
Conbureau - https://www.coinbureau.com/education/proof-of-capacity-explained/
Coin Central - https://coincentral.com/what-is-proof-of-capacity/
Investopedia - https://www.investopedia.com/terms/p/proof-capacity-cryptocurrency.asp
Burst Mining
The Burst Mining Process Explained - https://www.burstcoin.ist/2017/10/16/the-burst-mining-process-explained/
Plotters
Engraver - https://github.com/PoC-Consortium/engraver/releases
Turbo Plotter - https://blackpawn.com/tp/
Xplotter - https://github.com/Blagodarenko/XPlotter/releases
Miners
Scavenger - https://github.com/PoC-Consortium/scavenger/releases
Blago Miner - https://github.com/Blagodarenko/miner-burst/releases (Original Repo) | https://github.com/JohnnyFFM/miner-burst/releases (Updated by JohnnyFFM)
Creepminer - https://github.com/Creepsky/creepMiner/releases
Jminer - https://github.com/de-luxe/burstcoin-jminer/releases
Faucets - https://burstfaucets.com
Tutorials
Plotting and Mining with QBundle (Video) - https://www.youtube.com/watch?v=LJLhw37Lh_8
Qbundle Tutorial (Coinbureau) - https://www.coinbureau.com/mining/burstcoin/
Linux Plotting with Engraver (Video) - https://www.youtube.com/watch?v=NNzb_OsnWZw
Engraver Manual - https://github.com/PoC-Consortium/engraver/wiki
Scavenger Manual - https://github.com/PoC-Consortium/scavenger/wiki
Back to the Main ANN
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haitch
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July 06, 2016, 11:22:38 PM |
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Great work devs on getting the new wallet release out. For anyone wondering if this is from the Burst Team Devs - I can assure you it is.
New Wallet version, New (un-moderated) OP, New Day for Burst.
H.
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| Largest Fund worldwide for distributed application makers
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wireline.io - facebook.com/wirelineio - @wirelineio |
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| ●⚫⦁ ICO ⦁⚫●
September 1 |
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daWallet
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July 06, 2016, 11:36:40 PM |
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This is a great day for Burst. After 1 year of network growth we get a substantial update of the core!
I've updated the Win Client...
... ah, and this BurstDevTeam Account and this Thread is legit.
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github/dawallet Burst Client for Win & Burstcoin.biz
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crowetic
Legendary
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Activity: 2254
Merit: 1072
https://crowetic.com | https://qortal.org
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July 06, 2016, 11:45:25 PM |
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This is a great day for Burst. After 1 year of network growth we get a substantial update of the core!
I've updated the Win Client...
... ah, and this BurstDevTeam Account and this Thread is legit.
Thank you daWallet for everything! Much appreciated! I'll update the other OP with download links. |
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ORTAL
| .⊙.Web and Application hosting.
⊙ decentralized infrastructure
.⊙.leveling and voting.
| Founder/current dev team lead |
[/td][/tr][/table] [/table] |
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Turn0ff
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July 06, 2016, 11:53:21 PM
Last edit: July 07, 2016, 12:18:39 AM by Turn0ff |
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GREAT - but a Press Release......?  We must reach out to news sites, blogs, etc  Awesome work nevertheless! |
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yellowduck2
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July 07, 2016, 12:26:12 AM |
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Finally a new version after so long. It feels like burst is starting a new life
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BurstDevTeam (OP)
Jr. Member
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July 07, 2016, 12:29:33 AM |
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@yellowduck2 Working title in the lab was "The New Burstcoin" - but it is more like a new chapter of a very very thick book. Userbase is growing exponentially these days and some of them are joining working on the code. Thanks for your support so long! An active community is even more important than updates updates updates. |
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overdozedCEO
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July 07, 2016, 10:13:12 AM |
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Cheers to BURST and the great dev-team! I think we should really concentrat a little bit more on promotion and advertising, and i dont mean some little stuff once in a while posting a videos and some tweets... Im talking some serious campaign, tons of twitter activity, reposting, liking, using some real promotional Team with offical accounts, airdops on bitcointalkforum and twitter and so on, serious signature campaign here in the forum to spread some fomo, and better and active advertising/ trolling on polo for example... i guess also some new graphics and improved logos and stuff could help get the word out!  |
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Turn0ff
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July 07, 2016, 07:10:30 PM |
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Cheers to BURST and the great dev-team! I think we should really concentrat a little bit more on promotion and advertising, and i dont mean some little stuff once in a while posting a videos and some tweets... Im talking some serious campaign, tons of twitter activity, reposting, liking, using some real promotional Team with offical accounts, airdops on bitcointalkforum and twitter and so on, serious signature campaign here in the forum to spread some fomo, and better and active advertising/ trolling on polo for example... i guess also some new graphics and improved logos and stuff could help get the word out! I've to agree. You do these amazing things over and over again, and sure, the price has gone up, but with a coordinated promotional effort, I think we could do way better. Twitter says I reach +30,000 ppl a month, but that's kinda tiny compared to all the press that ETH etc. gets on all the news sites. |
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crowetic
Legendary
Offline
Activity: 2254
Merit: 1072
https://crowetic.com | https://qortal.org
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July 08, 2016, 12:48:53 AM |
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Cheers to BURST and the great dev-team! I think we should really concentrat a little bit more on promotion and advertising, and i dont mean some little stuff once in a while posting a videos and some tweets... Im talking some serious campaign, tons of twitter activity, reposting, liking, using some real promotional Team with offical accounts, airdops on bitcointalkforum and twitter and so on, serious signature campaign here in the forum to spread some fomo, and better and active advertising/ trolling on polo for example... i guess also some new graphics and improved logos and stuff could help get the word out! I've to agree. You do these amazing things over and over again, and sure, the price has gone up, but with a coordinated promotional effort, I think we could do way better. Twitter says I reach +30,000 ppl a month, but that's kinda tiny compared to all the press that ETH etc. gets on all the news sites. Don't worry, there is plenty in store, we're having meetings to discuss the future, but I think you will all be pleasantly surprised by what starts to emerge from BURST. I really might say, now is the time to BUY. But this is just my opinion. |
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|
ORTAL
| .⊙.Web and Application hosting.
⊙ decentralized infrastructure
.⊙.leveling and voting.
| Founder/current dev team lead |
[/td][/tr][/table] [/table] |
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crowetic
Legendary
Offline
Activity: 2254
Merit: 1072
https://crowetic.com | https://qortal.org
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July 08, 2016, 01:19:54 AM |
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Is this the only coin with POC?
Yes, currently BURST is the only PoC coin. Has been so since release. |
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ORTAL
| .⊙.Web and Application hosting.
⊙ decentralized infrastructure
.⊙.leveling and voting.
| Founder/current dev team lead |
[/td][/tr][/table] [/table] |
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haitch
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July 10, 2016, 12:08:52 AM |
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Due to the rapid expansion of miners for Burst, we've setup a third and fourth pool, and will be seeing up a fifth one shortly. The new pools are: http://pool.burstcoin.bizhttp://pool.burstcoin.euThe two new pools currently have the same deadline acceptance parameters as pool.burst-team.us, so are suitable for miners small or large. This may change in the future to make individual pools more aligned with particular sizes of miners. We're asking that you consider moving between the pools to help balance the load across the pools - too much capacity on one pool causes problems for everyone. As with my earlier announcement, some miners may receive double/triple payouts - moving pools will not affect this payout, and for those that asked - yes the payments are coming out of my wallet. Also, as per the earlier announcement, teething issues are possible, but I'll guarantee to cover any missed payments due to issues. H. |
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| ●⚫⦁ ICO ⦁⚫●
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Turn0ff
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July 10, 2016, 12:23:39 AM |
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Due to the rapid expansion of miners for Burst, we've setup a third and fourth pool, and will be seeing up a fifth one shortly. The new pools are: http://pool.burstcoin.bizhttp://pool.burstcoin.euThe two new pools currently have the same deadline acceptance parameters as pool.burst-team.us, so are suitable for miners small or large. This may change in the future to make individual pools more aligned with particular sizes of miners. We're asking that you consider moving between the pools to help balance the load across the pools - too much capacity on one pool causes problems for everyone. As with my earlier announcement, some miners may receive double/triple payouts - moving pools will not affect this payout, and for those that asked - yes the payments are coming out of my wallet. Also, as per the earlier announcement, teething issues are possible, but I'll guarantee to cover any missed payments due to issues. H. Thanks And welcome to all the new miners |
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overdozedCEO
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July 11, 2016, 11:27:38 AM |
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--------------------------- [ANN] Thread Design was updated ---------------------------
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Tommo_Aus
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July 14, 2016, 01:53:41 AM |
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Could TomPool please be re-added to the pool list? Not sure why it dropped off but its at: http://mining.tompool.org:82Running v2 with wallet 1.2.4. |
Tompool - http://tompool.org - a 2% fee SHA256/Scrypt/BURST/Groestl multipool supporting ANC, ASC, DGC, EZC, FLO, GLD, GME, MNC, RYC, TGC, TRC, XNC, ZET & more |
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crowetic
Legendary
Offline
Activity: 2254
Merit: 1072
https://crowetic.com | https://qortal.org
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July 15, 2016, 04:34:12 AM |
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Could TomPool please be re-added to the pool list? Not sure why it dropped off but its at: http://mining.tompool.org:82Running v2 with wallet 1.2.4. Sure, we can add that for you. It must have been missed, there are a few other pools that need added as well, at least on one of the OPs. I'll make sure this is done for you. Thanks! |
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|
ORTAL
| .⊙.Web and Application hosting.
⊙ decentralized infrastructure
.⊙.leveling and voting.
| Founder/current dev team lead |
[/td][/tr][/table] [/table] |
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