[ANN] PoC Consortium Stage 1: BURST

[Gelbstich]

Sounds nice. A lot of bold statements. But the community you are gathering here (me, potentially, and all others reading the post) need some milestones to be be oriented at. No need to be "those arrogant we know we will disrupt ALL" developers.

Simplicity is the key. Would be nice to have at least rough understanding of when when and how you will be doing, and at which point you might need to test scalability with users' help

I totally agree.

What does "PoC Consortium Stage 1: Burst" mean? Is Stage 2 another Coin?

[1713548469]

1713548469

[1713548469]

1713548469

[crazydane]

I agree that's a lot of bold statements, but it sounds like you believe pretty strongly in what you write.

I would love to see strong and professional leadership behind burst.

Running a 272TB burst miner myself and do hope burst will climb out of the 200 satoshi hole and less than $14 million market cap it is currently stuck in.

[Ayomayowa]

Hi Dev i like to know more about this Project just interested 

[luksbit]

Interesting! Do you have a roadmap for future development or plans?

Internal. We may choose to set up an official roadmap if our actions/announcements start to have economic effect.
Until then, just be aware "we're here and we're doing". Lean back and enjoy the things to come.

I can translate to Italian for free (coins)

Feel free, but please send the translation for review to bots@cryptoguru.org

I need more information. It doesn't look so good

You may want to be more specific.

When will this development roadmap be available? Because as informed is only internal?

[walec51]

Are you in any way related to Burst Nation or Adam Guerbuez?

Not that I am aware of. Our PoC Consortium announcement on BN was promptly deleted

Being banned from Burst Nation is a good recommendation for me

It would be good to be transparent about your planned milestones. Not that you have to declare strict deadlines - just put out the vision of what you want to accomplish.
This is open source after all so saying "feature x will be released when its ready" is perfectly acceptable

[rico666]

It would be good to be transparent about your planned milestones. Not that you have to declare strict deadlines - just put out the vision of what you want to accomplish.
This is open source after all so saying "feature x will be released when its ready" is perfectly acceptable

Sooner or later we will publish something like a roadmap and we will probably start in a form without strict deadlines and may move to deadline estimates later.

The reason why we are reluctant to do it right now is simply because the team agrees to undercommit and to overdeliver. We are - as probably most of you too - fed up with "plans", "intentions" and announcements that may turn up to be vaporware.

So for the time being, we would like to limit our announcements for the situation when we have something that is ready/available at the time of the announcement.

We believe, in time, this will be the best image our group can build, because always when you see a PoC announcement, you know there is "one more thing".

For those who are impatient, or would like to monitor the development process more closely, we set up a Twitter account where we intend to publish the smaller things like "New feature here and there".

https://twitter.com/PoC_Consortium

[Gelbstich]

ATM the price keeps still dropping. It's at 173 satoshis ATM. But the bitcoin price keeps rising, so probably the $ value didn't drop that much tho..

[rico666]

ATM the price keeps still dropping. It's at 173 satoshis ATM. But the bitcoin price keeps rising, so probably the $ value didn't drop that much tho..

The market is completely oblivious and not correlating to fundamentals of the coin in any way.
If anything we can see a delay reaction, so what you observe now seems to be the backlash of the spam attack a month ago and e.g. Polo opening their trading again recently: Many miners shut down their operation and sell off. A classic pork cycle.

Most people (and we do not blame them) are not at the "pulse" of this coin. So today we are in the absurd situation of the coin being technically in a 10 times better shape than it was a month ago, yet the price is less than 30% than it was a month ago.

Leads us to believe it will take another month until market realizes the new surge behind this coin.
And finally we still believe the prognosis holds true that BURST will see 1000 Sat in 2017.

[Orphzin]

saving to look later!

[QQ6693606]

burst up to moon?

[botros]

well ,,  i hope yr Talk is real Man and there is a good respectable Dev team behind Burst now ...   


i hope its not only a pump and dump game .

[Hyuiguia]

what is new coin ?
how much total suply POC
how much total premine

this thread iam only find about NXT and burst, withou spefication youre coin and youre project

[Kenrich]

is this a new coin or old coin ?

[joosep]

is this a new coin or old coin ?

This coin is old like Methuselah.

[mrgoldy]

Are you teaming up with https://forums.burst-team.us/

Their site is down and redirected to http://www.burst-team.us/

and links they list there point to your cryptoguru.org

so I'm hoping you're teaming up with Haitch as I've always trusted him and the majority on forums.burst-team.us

[rolling_monkey]

Whats wrong with deadline? Its getting worst day by day; I have added almost 24TB in last 5 days but still deadline getting worst.

Any idea?

[DebitMe]

Whats wrong with deadline? Its getting worst day by day; I have added almost 24TB in last 5 days but still deadline getting worst.

Any idea?

Not entirely sure what you mean by deadline getting worst?  The deadline is pretty much random, sometimes you will submit a better one for a given block and the next block could be a worse one.

[rolling_monkey]

my deadline is always in days whereas couple of weeks ago it was better.

Thanks.

[RichBC]

Announcing the PoC Consortium. Stage 1: BURST

As a long time Burst Supporter / Miner / Investor I would like to say welcome.

We are not interested in drama. We do not care who started it and why.
Most certainly we will not participate. We are forward-looking and
everyone competent, rational and willing to cooperate with us is
welcome and will be met with a benevolent attitude.  Other than that,
there is no one in the BURST community or elsewhere who could threaten
or fatally annoy us or "make us go away" by any other means.
Nuff said.

THEREFORE

We - the PoC Consortium - are a group of highly skilled and well
funded individuals. Investors, executives, entrepreneurs, developers,
admins, designers and college students. We came to lead BURST to its
rightful place among other cryptocurrencies and we believe that place
is nowhere else than upwards of where BURST is today and upwards of
where it will be tomorrow.

Sounds good, let's hope that you can cope with /fend off / ignore the crap that will no doubt sooner or later come your way.

We have done already some small development efforts to get BURST back
on track. Following the spam attack on BURST, we provided an
"Enterprise" BURST wallet 1.3.0cg, which was based on the official
1.2.9, but has a mariaDB/MySQL backend instead of the flimsy H2
database used in BURST so far.
You can get it here: https://github.com/ac0v/burstcoin
We continue with our wallet development efforts forcefully.

Have tried the Online version and it seems fast and solid, will give the local version a try. I assume it uses the same DB file and format? Might be good if you could provide a reliable download of an up to date DB.

We are hosting a BURST mining pool at https://burst.cryptoguru.org/
with 0% fee, superior performance and availability. We operate miners
for experimental purposes with a small capacity of 200TB.

Not personally a lover of the uray style Pool, in particular the approach to Historic shares. Do you have any plans to move to a ninja style or develop your own Pool Software?

We are hosting a geographically distributed cluster of wallets on
various machines, all of which have superior connectivity. Our main
public wallet (running 1.3.2cg as of now) is
https://wallet.burst.cryptoguru.org:8125/index.html This is BTW the
"well known peer" 92.43.104.34 that single-handedly (at 14% capacity
usage during the peak) took a 1TB/day network load during the spam
attacks. Our provided wallet capacities are meanwhile a multiple of
that. These wallets are also constantly connected to 200-300 peers via
GBit uplink. We thus do believe to have set up a very resilient
"Core-Backbone" of the BURST network infrastructure.

Seems to be working well at the moment, have you seen and DDos attacks and how confident are you in your defences?

Furthermore, we are proud to present our own BURST block explorer
https://explore.burst.cryptoguru.org/ and you are welcome to give
it a try. It has been written from scratch and although still WIP,
we believe you will appreciate it's performance and availability.

Great to have an explorer back, would be nice if you could add the functionality for an XLC downloads of the data.

We are especially pleased to announce the in-development status of
our mobile wallet for BURST (Android and iOS) which we believe will
enable and catalyze new oportunities for the BURST cryptocurrency.
Our benchmark is the BTC wallet Mycelium https://wallet.mycelium.com/

Keep up the good work, looking forward to much more from the Team.


Rich

[Lunyyft]

Instead, we have bought BURST. Millions of them and we will continue
doing so.

Er...if that's the case then why don't you toss some into your pool so you can pay your miners?

Aug 20 14:57:57 pool npm[11801]: pool does not have enough balance for payments - currentFund: -10000000054.51199 - totalBlockReward: 1581
Aug 20 14:57:57 pool npm[11801]: Pool Balance = 1.40501037 BURST