Burst weekly report! The future is bright! Proof of Capacity is here.

[pinkflower]

This has been another busy week for the Proof of Capacity Consortium as they get ready to release version 2.0.0 of the Burst software. We are in the beginning process of the Dymaxion and hopefully everyone of you will join us and witness greatness borne.

If all you care about is making some money then it wont be a bad idea to buy Burst either lol.

Weekly Burst Report #19 – 01/14/2018

• Developers have been extremely busy working on the core wallet and other technical things – this is why there have not been many public announcements this week. The core version 2.0.0 is to be expected soon (end of January) and things are looking promising so far, as indicated by the high GitHub activity.
  
  
• The PoC Consortium developers had a hackathon this weekend in preparation to the 2.0.0 core version. It was “very productive, with lots of bug fixes, removed cruft, code changes and insight”, according to rico666. Some of that insight should be unveiled next week, but the general sentiment among developers is that there is a lot that can be done and improved on-chain and pre-Dymaxion, in particular in the DB area.
  
  
• We can see that some PoC2-related code has been merged into the core master branch. This is happening!
  
  
• In addition to that, @Brabantian introduced some automated tests and plans to add many more in the future. He has been doing a lot of refactoring to the tested code, as you can see in the recent commits.
  
  
• I am very pleased to announce that ac0v is finally out of the hospital and back in action, as some could see in the Burst Discord today. He was involved in a car crash more than a week ago. Yet, we could get some positive things out of this very unfortunate event: the PoC Consortium has enough resources to not be slowed down by such unexpected situations. The community is happy to welcome you back ac0v.
  
  
• The PoC Consortium released two new mining pools running on their new pool software. Written in Go, they allow a much better scalability and stability. The software will be open source and available to every pool operator by the end of january.
  
  
• One runs on a 0-100 configuration: 0-100-pool.burst.cryptoguru.org
  The other runs on a 100-0 configuration: 100-0-pool.burst.cryptoguru.org
  
  
• Version 1.9 of Qbundle was released. You can read the full changelog and download it on GitHub. If you are already a Qbundle user, just click “File” -> “Check for update” -> “Download updates”.
  
  
• The Android wallet has been updated to version 0.2.1. Changelog includes a decreased startup time, Czech translation and bug fixes.

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[pinkflower]

Looking at the market value of Burst in coinmarketcap.com, its in a pathetic market value of only $90,378,679. Thats under $100,000,000! This is a good display of either how inefficient this market is, or how inefficient the flow of information is.

Weekly Burst Report #20

• Development of the 2.0.0 version is still going strong, as you can see by looking at the numerous GitHub commits. The new wallet should be considerably more reliable and high-quality, as it is being basically rebuilt from the ground up.
  
  
• What the PoC Consortium developers are currently doing is a lot of bugfixing and stabilization, and a config file revamp and merging. Brabantian is working on implementing unit tests, with a current coverage of 7.4% compared to the 0% we had less than two weeks ago.
  
  
• PoC2 support is also being implemented by Quibus: in short he added support for PoC2 plotfiles that can be activated at a given block height. According to rico666, “blocks have been already mined with PoC2 on the testnet”. PoC2 is implemented to counter a potential attack allowing malicious miners to mine certain scoops with PoW and very little disk space. While this attack vector is only theoretical at this point, the PoC Consortium believes we have to fix it to give more credibility to Burst’s consensus algorithm. PoC2 will be backward compatible with the current PoC1 as long as the mining software understands both fileformats.
  
  
  
• A new infographic has been published, explaining how the Burst capabilities will evolve in 2018, after all the necessary hard forks:
  
  
  
• In the meantime, we are noticing a strong and growing community support for the Dymaxion: the network observer shows that 74.6% of nodes run the 1.3.6cg wallet at the time of this report. This is a very encouraging signal, but we have to do even better. If you are still using 1.2.9 or older, make sure to update to the latest version. Follow this step-by-step tutorial if you want to run a full node to support the network.
  
  
• On the non-wallet front the PoC Consortium pools are being battle-tested in real life. A few bugs were fixed but overall it is going in the right direction. “From our experience the new Go code is around 5x as fast as the lexicon pool, and it scales better on multi-CPU systems. It seems also faster than the Ninja Pool code, but we are missing hard numbers on that still”, according to rico666.
  
  
• The well-known Hackernoon blog reposted an article about Burst by Andrew Scott.

[thrax]

Looking at the market value of Burst in coinmarketcap.com, its in a pathetic market value of only $90,378,679. Thats under $100,000,000! This is a good display of either how inefficient this market is, or how inefficient the flow of information is.

It's probably partially because of bitcoin dropping in value since its ATH. Investors get scared when bitcoin drops. When it starts rising again they will buy back into burst (and take a haircut from selling low then buying high).

[pinkflower]

Looking at the market value of Burst in coinmarketcap.com, its in a pathetic market value of only $90,378,679. Thats under $100,000,000! This is a good display of either how inefficient this market is, or how inefficient the flow of information is.

It's probably partially because of bitcoin dropping in value since its ATH. Investors get scared when bitcoin drops. When it starts rising again they will buy back into burst (and take a haircut from selling low then buying high).

Thats only a small part of it, because if the general altcoin community saw how big the Dymaxion is, I dont think the price of Burst would still be this low. I think it should be over BTC.00001 by now. But theres time.

Burst 2.0.0 will be released by the first week of February. By then, I hope the percentage of nodes signalling for Dymaxion will be on 85%.

[pinkflower]

Here is the latest breakdown of Burst's node statistics. Everything is looking better and better ever since rico666 and the Proof of Capacity Consortium took over in developing Burst.

I am more excited in the developments they are making in Proof of Capacity as a sustainable alternative to PoW, if you ask me. I think thats where the future is.

Burst Node statistics

• Current wallet distribution
  
  The contribution of 1.3.6cg nodes is growing steadily. Every day the raw amount of 1.3.6cg nodes is climbing, while the number of older and deprecated 1.2.9 nodes is slowly declining.
  
  
• Dymaxion compatible nodes
  
  You may think that the 1.3.6cg nodes are the only ones capable of supporting the Dymaxion. While this is the recommended version you should be running to signal for the Dymaxion, older 1.3.x versions of the wallet also support the Dymaxion, creating an even more promising total figure. When combined, the total percentage of Dymaxion supporting nodes comes to 81,5%.
  
  
• Current node health
  
  Since the amount of nodes is growing fast, it is good to see that the number of stuck nodes is not rising along with it. Even better, since people are updating their wallets, the amount of stuck nodes is declining!
  
  
• Which nodes are stuck
  
  Of the total of 376 nodes that are running publicly at the moment, 39 are stuck and 9 are resyncing. It is interesting to see that only 2 nodes running 1.3.6cg with mariaDB are resyncing, with 0 actually stuck. 13 nodes running 1.3.6cg with other DBs are stuck or resyncing, but  all the other nodes (33) are running non-dymaxion/PoCC wallets. Keeping in mind they have much smaller numbers, we can conclude that the PoCC wallets are becoming much more stable! And it will only get better!
  
  
• Conclusion
  
  The future is also looking bright for the Dymaxion. Numbers of Dymaxion supporting nodes are increasing on a daily basis. With the added stability of the newer wallets, we expect the number of older nodes to slowly decrease further. Almost all newcomers to burst are starting with 1.3.6cg straight away, increasing those numbers as well. The Dymaxion is creeping closer and closer. We have a very exciting future ahead of us!

[pinkflower]

Another good week for Burst's development. The PoCC is increasing the pace to have Burst 2.0.0 released, hopefully within a week. But of course, with thorough testing and bug hunting.

I am looking at the price right now and its still in a lowly $.05 per Burst lol. Its very undervalued right now. I am not encouraging anyone to buy. I encourage you to bookmark this post and lets look at it again on December 31, 2018. 

Weekly Burst Report #21

• The PoC Consortium developers are working harder than ever to be able to release the 2.0.0 wallet in time. This version should be considerably more stable and reliable than every other versions before it – this is the strong foundation that we need before expanding with the Dymaxion and other features described in the white paper.
  
  
• 2.0.0 is going to be released “within a week”, according to rico666. We are getting there!
  
  
• As you can see in GitHub, wallet development activity is virtually twice the one of last week. We are getting closer everyday to the symbolic 1000th comit (currently 946 commits, at the time of this article).
  
  
• We now exceed 10% coverage for unit tests.
  
  
• The amount of people supporting the Dymaxion by running a full 1.3.6cg node is steadily increasing: over 78% of nodes are using this version! See this infographic by @Bombtrack for more details. The community is clearly voicing its opinion – however we need to be as close to a consensus as possible so don’t forget do update your wallet if you have not already. Follow this tutorial to learn how to run a full node.
  
  
• The PoC Consortium updated CG_Obup, its optimized Unix plotter. It now has a “resume” feature.
  
  
• Andrew Scott published another great Medium article titled “Burst — Part 4: Network Analysis” and reposted by Hackernoon. It presents a high-quality factual analysis of the Burst network – a must read for every serious investor!
  
  
• MrPilotMan added a plotting time benchmark table on his EcoMine website, comparing the plotting speed of multiple CPUs and GPUs.

[pinkflower]

Greetings my fellow forumites. I havent updated this thread because of the lack of motivation and laziness lol. But this week I think the thread deserves to be updated and to keep some of you Bursters aware of the latest news and developments.

If you want to read the missed updates you can read them here, here and here.

Weekly Burst Report #25

We are getting close to the release of 2.0.0. Major development steps were taken this week.

• You might have noticed a new “database manager” repository in the PoC Consortium GitHub. With 2.0.0, the core wallet will support H2 (with significant performance improvements), mariaDB and mysql databases by default. In addition to that, the wallet will be able to handle any other database, thanks to the use of jooq and the database manager. “We are doing this to go for a new versioning of the databases and to avoid having the wallet bloated with db drivers”, explains PoC Consortium developer ac0v. New databases support will greatly increase Burst’s flexibility in many applications.
  
  
• Developers are currently focusing on the initial syncing performances, and “it looks quite good”, in their own words. A lot of time and energy was spent on the syncing process; it is very encouraging to see it is starting to pay off.
  
  
• The milestone page shows encouraging progress. Developers are confident that the remaining tasks can be completed in a short time frame. Obviously, being one of the highest ranked crypto project in terms of commit history helps.

The PoC Consortium made a binary release of the new pool code.

• Any pool operator can now test this fast and scalable implementation written in Golang, easily capable of supporting thousands of miners.
  
  
• Major upgrades were pushed to the pool code as well. Without going too deep into technical details, we now have SSE4 + AVX2 support which allows validation of 8 / 4 deadlines in parallel on a single core, a gRPC API, a new compensation system for fast blocks, PoC2 support and lots of simulations were done to optimize the whole share algorithm.
  
  
• In addition to that, The Burstcoinist will soon release an interview of @bold and @Herscht, the minds behind the pool software, where they are going share their insight on development.

[pinkflower]

Looking back a 9 months ago, Burst was written off as a dying project. Today its infrastructure is more complete and stable than ever before and has a bigger community it ever had since 2014.

Burst is easily one of the most undervalued cryptocurrencies in the market at present. If some of you are trying to find a nice long term investment. This is it. Burst.

Weekly Burst Report #26

• Concerning the BRS 2.0.0 core version:
  
  Development continues unhindered and the release date finally seems close. “The PoCC has set March 15th as a viable and realistic release date for BRS 2.0.0. However, should some unforeseen complications arise, quality goes over release dates”, states PoC Consortium developer rico666. Brabantian – another core developer – explained that the delay is mainly caused by a “serious scope change”. He explains: “lots of new ideas came up on how we could further improve the wallet from a technical perspective, and that’s what we’re doing right now.” Meanwhile, there is ongoing daily development and technical quality improvements.
  
  As of now there is 20% of the code being automatically unit tested and integration tested. Brabantian further explained: “My projection is that number will heavily increase when moving toward BRS 2.2.0 because there will be a heavier focus on making the integration testing easier.”
  
  More generally, if you are interested I suggest you to read the last few weekly reports to get a wide overview of the changes that will be introduced by 2.0.0. The fundamental thing to know is that not a single line of code is left untouched – this is going to be the greatest code revamp in Burst’s history.
  
  
• The PoC Consortium released the source code of its “all-new, fabulous, hyper-efficient, scalable and robust” pool software. It is now available for any pool-operator who does support The Burst Dymaxion. A great news, as it should help enhance the scalability and reliability of the network as a whole.
  
  In addition to that, a new feature is included: Dynamic payouts. Miners can now send messages to the pool account to change their payment thresholds/intervals (daily, weekly, monthly or at any chosen amount). Have a look at the pool documentation here for a more thorough explanation.
  
  The interview of Herscht and bold, the two PoC Consortium developers in charge of the pool software will be published this week on The Burstcoinist.
  
  
• cg_obup, the Optimized Burst Unix Plotter has been updated. New features and usability improvements are included and it now offers MacOS compatibility. Download it on GitHub.
  
  
• If you don’t understand what PoC2 is exactly, or why we need it, this new “PoC2 explained” article is just for you. It explains the flaw of the current PoC consensus protocol and the implementation process of PoC2. The next step towards the new Burst!
  
  
• Burst is now listed on a new exchange: Indacoin, where it can be bought directly with Visa or MasterCard (EUR, USD and RUB pairings). Indacoin seems to be unavailable for US residents. The full list of Burst exchanges can always be found here.

[pinkflower]

Put one eye on March 15 for Burst's latest update. It will be the rebirth of the platform as a real competitor against other platforms like NEO.

By the time the Dymaxion is officially released by version 2.2.0 in the 2nd quarter of this year, you will fully see the potential of Burst not as a cryptocurrency, but as a channel for IOT.

Weekly Burst Report #27

• We are finally in the final stages of BRS 2.0.0 core version development. “We are confident for a release on March 15th”, confirms PoC Consortium developer rico666. As the final tasks are currently being worked on, the PoC Consortium is happy to be able to provide the community with this new software. Starting from next week, Burst will have a completely refactored core wallet worthy of being the foundation upon which the Dymaxion will be built.
  
  
• Please take in consideration that the quicker the 2.0.0 version is going to be adopted by the community, the sooner the upcoming forks will happen – don’t forget to update your wallet next week!
  The release of BRS 2.0.0 will be a great step for Burst, but it is only the beginning of the process. Expect many more improvements in the following months. As rico666 jests: “now the only question is how fast a BRS 2.0.1 will follow!”
  
  
• We now have a functional PoC1 to PoC2 plot converter for Linux/Unix (probably working with MacOS too). The converter can do both in-place (remaining on the same plot) as well as copy on write (from disk A to disk B). “As predicted it’s IO intensive, not CPU intensive. One CPU core can easily convert 5 disks in parallel”, according to rico666. This software is currently only there for testing, and as reference for other implementations – do not start converting your plots now, because mining softwares cannot interpret them yet.
  
  
• Blackpawn released the beta 2 version of his TurboPlotter, the “fastest and easiest way to plot drives for Burst mining”. It includes many new features: support for resuming, end of plotting summary screen, scrolling GPU and drive lists, bug fixes and minor improvements.
  
  
• The Burstcoinist released a new interview with bold and Herscht, the two minds behind the PoC Consortium’s pool software. Learn more about them and their projects in this exclusive “behind the scenes” sneak peek!

[pinkflower]

I know some Burst holders are worried in the falling price. Some of them in /r/burstcoin are calling for marketing efforts to be done by the PoCC. This is wrong. As a community and as investors, we should be doing our part in making Burst known.

But knowing all the updates and the work being done. I am very confident that Burst will be in the top 20 in market value on 2018 or 2019.

Weekly Burst Report #28

• The BRS 2.0.0 core wallet is finally released! You can download it on GitHub. I also recommend everyone to read the official release statement by the PoC Consortium. The 2.0.0 version is the foundation of the upcoming forks, a complete refactoring of the core wallet – not a single line of code was left untouched.
  
  
  • Because of the magnitude of this task, it appears that 2.0.0 still has a few issues and bugs here and there that are going to be fixed in the very near future with a 2.0.1 release. The 2.0.X line will continue to receive security updates and bugfixes should they become necessary until the next major version arrives.
    
    
  • The PoC Consortium anticipated this situation and actually asked the community to transition gradually to the new version in the release statement. “Let’s see how this new bird behaves in the wild, how it behaves when there are more and more of them.” The PoC Consortium insists that pool operators should not update yet.
    
    
  • Qbundle users need to wait a little more to have their one-click upgrade to 2.0.0 – it will be available very soon. It will mark the beginning of the main transition phase for the community.
    
    
  • The next major version is already underway : “the first commits on 2.1.0 (now the master branch) poured in, so we are on the way to 2.2.0” explains PoC Consortium rico666. 2.2.0 will be the pre-Dymaxion hard fork including PoC2 and dynamic fees & block size.
  
  
• Two new pools are now using the PoC Consortium pool software: http://bibenwei.com:8081/ and http://burstcoin.ml/.
  
  
  
• A few exclusive details concerning Automated Transactions development: “as part of the 2nd hard fork (BRS 2.4.0) are some modifications/extensions/upgrades to the AT system in order. Multi-Out tx types are also on the agenda, because both these are a prerequisite for powerful ACTTs and clearing”, according to rico666.

[idioma1]

Thanks for it! In a process of reading

[pinkflower]

Thanks for it! In a process of reading

Ty. Please tell your friends about the project and you can also visit /r/burstcoin on Reddit if you have some questions. The community is growing faster than ever before with around 6200 members now. Thats 3 times more than last year!

Anyhow heres another weekly update.

Weekly Burst Report #29

• When the PoC Consortium released the BRS 2.0.0 core version last week, it was made clear right away that there could be a few remaining bugs due to the magnitude of the code refactoring. The developers worked hard this week to eliminate most reported issues – “we would like to thank all the early adopters who supported development by testing 2.0.0”, states PoC Consortium member rico666.
  
  
  • The BRS 2.0.1 core version is now out, and it offers better performance, stability and security compared to any release so far. This version is thought for a broader audience, but still not as backend for pools – pool operators should wait for the next version before updating.
    
    
  • The PoC Consortium confirmed that Qbundle v2.0 is going to be released this Monday. It will be based on BRS 2.0.1 and it will allow the majority of users to upgrade to the latest version with one click.
    
    
  • We can also expect a BRS 2.0.2 core version before the first fork.
  
  
• The bigger picture – a PoC Consortium developer’s interesting insight on the future Burst Dymaxion use cases:
  
  
  
• BurstJack is still making progress on the Automated Transactions listing website. All smart contracts are now imported from the Burst blockchain and searchable.
  
  
• Have you ever wished you could have a truly unique and memorable Burst Address? With adrownedcoast’s Burst Vanity Address Generator written in Python, you can generate custom Burst addresses using the 4 leading characters of the address after “BURST”. Check it out on GitHub.
  
  
• MinerGate published a great article on Burst’s consensus protocol: Why Proof-of-Capacity could be the future of cryptocurrency.

[pinkflower]

This is one of the "quieter" updates from the Burst community but you can see that everything is ready for a big burst, pun intended, up.

The PoCC is already setting the point on where the hard fork, or the let's call it the jump to the Dymaxion will start to happen.

If you dont follow Burst's development, its a good time to start now.

Weekly Burst Report #30

• At the end of last week the PoC Consortium released a 2.0.1 version of the core wallet. It was followed by the 2.0.2 version published this wednesday, but some remaining issues resulted in a high amount of stuck wallets. A 2.0.3 version was finally released this Sunday . “Several PoC Consortium members believe 2.0.3 is as stable as 1.3.6cg”, according to rico666. If this proves to be true in the coming week it would mark an important achievement for the development team and for Burst as a whole.
  
  
• Qbundle has been updated numerous times – with v2.0.0, v2.0.1 and now v2.0.2, it finally includes the latest core wallet version and most known bugs are now fixed. These releases were particularly important for the network, because they enabled the UPnP feature within Qbundle to configure your wallet as a full node in a few clicks. As a result, the number of full nodes almost tripled in just a week and now exceeds 950. This is a great news, as the Burst network is growing more decentralized, thus more secure than ever. It also shows that we have a very active community.
  
  
• Core version 2.2.0 is still in the works. “Developers are currently focused on unconfirmed transaction handling, which would improve scalability and make things easier in general”, explains PoC Consortium developer ac0v. All in all, simplification and optimization of the code is not finished yet and will also be part of the first upcoming hard fork. You can always refer to the milestones system to check development advancements.
  
  
• rico666 wrote a little reminder about the Burst testnet. It has been overlooked lately, but it is a great way to learn about Burst features without risking to lose any real money.
  
  
• In an effort to give community members the opportunity to actively contribute to the increased adoption of Burstcoin, a newly formed community-driven marketing group called Burstcoin Guerilla Marketing (BGM) was created this week and held their first organizational meeting today. Their mission is to engage with the wider crypto-sphere through a number of different media to spread awareness of Proof of Capacity, Burstcoin, and the exciting future it has with the upcoming Dymaxion hardforks. Marketing is just storytelling through different forms, and they are interested in finding innovative ways to tell that story to as many people as possible. If you have a knack for storytelling, animation, writing, social media, presenting, or any of a number of other critical marketing skills, the BGM would be excited to have you join their ranks. If you are interested, contact @BurstGorilla through twitter, hop in their discord at https://discord.gg/R5JnSQX, or send over an email to burst.guerilla.marketing@gmail.com.” – An introductory statement by @tiptopanonymous, main organizer of BGM.
  
  
• The first organizational meeting that happened a few hours ago was an “overwhelming success” and augured great things for the future of BGM. We are still in the organization phase, but the first steps are already actively being taken by many community members.
  
  
• Don’t forget to follow the @BurstGorilla twitter account to keep up with all the exciting Burst news. Expect many announcements in the coming days and weeks!
  
  
• LinusTechTips made a video dedicated to Burst mining on their channel of 5.5 million subscribers!
  
  
• The end of BurstNation: rico666 addressed the “controversy” in a long reddit post.
  
  
• We have a new chart on the Burst explorer! It shows the evolution of the estimated energy cost of a single Burst transaction. It is especially interesting when compared to Bitcoin’s energy consumption.

[ThomasVeil]

Thanks for keeping the updates going. Really practical for staying up to date.

[/li][li]LinusTechTips made a video dedicated to Burst mining on their channel of 5.5 million subscribers!

Wow, 1.3 million views already, that's a lot of attention for an alt.

[pinkflower]

Thanks for keeping the updates going. Really practical for staying up to date.

[/li][li]LinusTechTips made a video dedicated to Burst mining on their channel of 5.5 million subscribers!

Wow, 1.3 million views already, that's a lot of attention for an alt.

Yeah. You can also see that /r/burstcoin is growing faster than it has ever been. In the first 3 years, it has 2000 subscribers but in a few months since the PoCC came in last July, the subscribers are now over 6000. I am very very positive that Burst will go higher than NXT in market value.

What does the NXT community think of Burst?

[Vermalen]

The future is in the starting blocks: there is already a PoC3 prototype on GitHub!

https://github.com/PoC-Consortium/Utilities/tree/master/poc3proto.pl

[Vermalen]

The source code of the PoC_Consortium Android BURST wallet is set to be released in the next 24 hours!

The PoC Consortium is thrilled to take yet another major step forward in terms of transparency and decentralization. We are going to release the entire source code of our Android mobile wallet on GitHub in the next 24 hours.

We believe this news to be an important milestone, bringing many advantages: first, we want to affirm the legitimacy of the application by enabling anybody to examine the code - the paranoids will be even able to compile it themselves. Moreover, it will allow people to directly collaborate and send us pull requests on GitHub for features to be included.

While we are happy to bring full disclosure, we also want to warn the Burst community that it will be easier to make copycats and scam applications that would look similar to our official wallet. If these ever appear, we trust the community will help us to identify and take them down quickly before any harm could be done. Yet, as always, we would like to remind everyone to exercise extreme caution when handling their funds and rely only on trusted sources.

We are looking forward to bringing you more exciting news and development.

Read the official statement on the burstcoin subreddit:

https://www.reddit.com/r/burstcoin/comments/8btwmn/poc_consortium_android_wallet_source_code_to_be/

[pinkflower]

Thanks for the back up. Its good to know someone other than me is supporting Burst in Bitcointalk lol. I have been banned by a mod in /r/burstcoin for asking the hard questions, so I show my support more in here. But I feel so alone sometimes.

I hope the Burst holders would be more vocal.

[Vermalen]

A new Weekly BURST Report is out - mobile wallet source code, PoC3 prototype released, return of the market analysis, and more!

 Get the latest news:

https://www.burstcoin.ist/2018/04/16/weekly-burst-report-32/

Development

Core wallet development statistics since last week:
– Files modified: 40
– New insertions (+): 3,787
– New deletions (-): 3,649

    Development of the core wallet is still advancing roughly as planned.
        The multiple releases post-2.0.0 are finally paying off. Before 2.0.4, a lot of wallets were regularly getting stuck, but with the latest version the network is looking much healthier again. We recommend everyone using a 2.0.x wallet to upgrade to 2.0.4.
        We are getting close to 1,000 public nodes – which is an incredible increase compared to only a month ago.
    The source code of the PoC Consortium mobile wallet has been released on GitHub (Android & iOS), with an official release statement by the developers: “we want to affirm the legitimacy of the application by enabling anybody to examine the code […]. It will allow people to directly collaborate and send us pull requests on GitHub for features to be included.”
    The first PoC3 prototype is available on GitHub! This little tool provides (or will provide) the basic PoC3 functionality:
       - create a synthetic/artificial PoC3 base plotfile (pre-individualization)
       - individualize an arbitrary (correctly padded) file into a PoC3 plot bound to a certain numericId
       - de-individualize PoC3 -> base file
       - perform mining on PoC3 (partially implemented/simulation only)

Market report

The market report is back! Please keep in mind that it shouldn’t be interpreted as any form of trading recommendation or advice. The data might be a tiny bit outdated.

– Weekly (7th-13th April UTC) trade volume / change: $5,488,073 / +78%
– Weekly High / Low: $0.021 / $0.013 USD
– Weekly blockchain transaction volume / change: 31,924 / -2.5%
– Market Capitalisation / weekly change: $36,113,000 / +35%



    Recent (6+ month) price action is dominated by the high at the start of the year that correlates with the Bitcoin high. Since then we have experienced a general downtrend often pausing / consolidating near key fibonacci levels. Around the start of April we have formed a recent bottom and bounced off the support around 208 Sats.
    As well as price, trading volume is a useful confirmation tool. During the mid December rally the increase in volume clearly supported the significant price movement. Current volumes remain low in comparison, so the strength of the current uptrend has yet to be confirmed.
Analysis by @Koru

Websites

    The burst-coin.org revamping is progressing very well and should be published within two weeks.

Other

    The crowdfund of 50,000 burstcoins for the BNFT app is complete! See the plan for integration with dates here. pskrzyni81, the organizer of this endeavour, still has many other plans for Burst: he wants to have abc7 news to talk about it.
    Lately we have seen some concern about quantum computers threatening cryptocurrencies. When asked about that, PoC Consortium developer rico666’s answer was straight-forward:

    The We Are Burstcoin blogpost is now live! weareburstcoin.blogspot.co.uk
    A new episode of the Harvey Harddrive comic: Gorilla Marketing.

Conclusion

There isn’t much to say about this week, because everyone has found their occupation and are simply busy working on their Burst projects: development, marketing, graphic design… I am glad to see everyone coming together and working hand in hand as a community – this attitude will pay off!

[pinkflower]

How many altcoins have more than 1000 nodes being run by their users? I think only a few of them.

Can anyone share a webpage showing the number of nodes running behind each cryptocurrency? Ty.

With that said, it would be a big milestone for Burst to have more than 1000 nodes. Only last July, many considered it dead. Today, its growth and development is one of the fastest for a coin that has no ICO.