[ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000

[Cobra]

This project isn't about becoming rich in a year. This project is about the FUTURE. The future of mining, the future of blockchain tech, the future of crypto in general, and if you don't believe that, and/or don't give a shit, then go mine a pnd coin or buy a scam coin IPO, wait for the initial pump, sell off with hope that you profit, and rinse repeat.

I would not say Burst is the future of mining. Unless something is done to adapt Burst to utilize the hard drive space for something I doubt Burst will be able to compete with other up and coming storage based solutions. I can't remember who it was that was also on the same page and commented about that with this idea.  In my opinion it would be something I would donate toward if it was possible or a plan put in motion for that. I have mined Burst for most of the last year as well and have recently stopped. The all-in-one wallet/mining/plotting solution is a great step forward but just not enough to make a big enough difference where people are coming in.

Besides the assets and a dice/horse racing game, how many other things can you spend Burst on?? What good is having it if you cannot spend it? That is part of the problem.

Think you got something wrong, BURST uses the drive space for precalculated hashes, there is no way to use it for other data.
BURST is the ONLY coin using drive space for mining, other solutions / coins rewad you for sharing space / bandwidth ... thats something completely different.

The person that came up with the idea previously (can't remember the forum user) thought that in addition to storing the hashes that people could set aside additional storage space and be paid in Burst for using that space.  So the trade off with Burst seems to be..... save energy, waste space. The point is that the hard drive space will become a commodity in these other solutions and thriving ecosystems will be based around them. What will make someone decide that using that space for Burst is a better decision......for what? It has been a year and there are only a few gambling solutions that accept it, and no merchants. Even though the all in one wallet is much easier, what makes a person WANT Burst?

I am not trying to troll. I have been a Burst user from the very beginning and have enjoyed learning the system but I am just being real here. It is on the edge of dying because of the lack of core Dev updates to the wallet or any type of communication that shows there is a future for this.  Crowetic and Luxe along with others have done a ton for Burst to keep pushing it forward but that only goes so far being community members and not driving ongoing development.

[1715272130]

1715272130

[Elmit]

First of all, why do you report that pool statistics? The balance and registered miners is completely useless info. Interesting information would be the mining capacity of each pool, perhaps estimated by found blocks. Second, your useless list still miss dev1.

1. I am able to list whatever I want, regardless if you like it or not!

Said this:
2. Of dev pool v1 I have no information. It is nowhere listed any more. If you provide info about them, I am glad to add this as well. I asked here if there are other pools, NOBODY replied, not even YOU. I have no idea what it would change though.

3. I asked how to calculate the estimated network size, but no answer. Of course you could not see that, since you put me on the ignore list. Glad you have your ear again.

4. The pool statistics is complete, unlike the ones posted on other sites!

5. I use REAL name, real phone numbers, real identity, even on SSL certicficates. Therefore you can always trust who I am, where I am, ... unlike ....

Have a nice day.

Dude, quit fucking rambling on. I'm sorry ninja is a superior pool in every way, but honestly does that really fucking matter right now?

Don't you think we've got a slightly bigger issue with people saying they're leaving until the dev comes back? Get your fucking mind right man, quit talking about useless bullshit.

Also, as far as stats, ninja's got the most, and easiest to understand interface out of any pool, and also... I'm not sure if you're inferring that my pool isn't transparent as far as knowing the owner... but if you are, then you're more of an idiot than I thought. I'm probably one of the most non-anonymous people in crypto. Everyone can find out whatever the fuck they'd like to know about me with a few simple clicks. But I regress, please Elmit, for the fucking love of god, stop the nonsense and let us focus on more important issues than whose 'dick is bigger' here. Okay? Thanks.

Nice language!

Your certificate is very transparent:

wallet.burst.city
Identity: wallet.burst.city
Verified by: StartCom Class 1 Primary Intermediate Server CA
Expires: 05/05/2016

Subject Name
C (Country):   US
CN (Common Name):   wallet.burst.city
EMAIL (Email Address):   burst.city@domainsbyproxy.com
Issuer Name
C (Country):   IL
O (Organization):   StartCom Ltd.
OU (Organizational Unit):   Secure Digital Certificate Signing
CN (Common Name):   StartCom Class 1 Primary Intermediate Server CA

[Elmit]

First of all, why do you report that pool statistics? The balance and registered miners is completely useless info. Interesting information would be the mining capacity of each pool, perhaps estimated by found blocks. Second, your useless list still miss dev1.

Earlier you wrote:

Elmit, I am a physician (psychiatrist) and just by reading your posts I can tell you have some sort of mental illness. For a proper diagnose, we'd need to meet for an investigation, but a number of conditions fit your behavior very well.

What is your REAL name? Where is your credential of being a physician/psychiatrist?
If I look at your arguments, I am sure you got yourself a collegial help.

My own psychiatric diagnosis prohibits me to reveal such information.

Sorry.

Don't need any more! You proved a lots already above!

[Elmit]

This project isn't about becoming rich in a year. This project is about the FUTURE. The future of mining, the future of blockchain tech, the future of crypto in general, and if you don't believe that, and/or don't give a shit, then go mine a pnd coin or buy a scam coin IPO, wait for the initial pump, sell off with hope that you profit, and rinse repeat.

I would not say Burst is the future of mining. Unless something is done to adapt Burst to utilize the hard drive space for something I doubt Burst will be able to compete with other up and coming storage based solutions. I can't remember who it was that was also on the same page and commented about that with this idea.  In my opinion it would be something I would donate toward if it was possible or a plan put in motion for that. I have mined Burst for most of the last year as well and have recently stopped. The all-in-one wallet/mining/plotting solution is a great step forward but just not enough to make a big enough difference where people are coming in.

Besides the assets and a dice/horse racing game, how many other things can you spend Burst on?? What good is having it if you cannot spend it? That is part of the problem.

If you buy a bitcoin miner or a scrypt miner, nobody expect to use it for something else. Why do you expect that a cheap tool must fulfil another purpose? It would be nice, but it is by far not necessary!

A white paper on the other hand and to complete the wallet with all plugins available - or at least a function, like fetch and install AT (crowdfunding, lottery, ...) would be an improvement.

The usefulness of the coin could be made better visible. Burst is cheap, so it could be used for micro payments, like ads. No need to wait for publisher of ads to wait months to get their money, with the risk that Lord Google decide not to pay you at all. A pay out could be daily or at least weekly.

[Elmit]

This project isn't about becoming rich in a year. This project is about the FUTURE. The future of mining, the future of blockchain tech, the future of crypto in general, and if you don't believe that, and/or don't give a shit, then go mine a pnd coin or buy a scam coin IPO, wait for the initial pump, sell off with hope that you profit, and rinse repeat.

I would not say Burst is the future of mining. Unless something is done to adapt Burst to utilize the hard drive space for something I doubt Burst will be able to compete with other up and coming storage based solutions. I can't remember who it was that was also on the same page and commented about that with this idea.  In my opinion it would be something I would donate toward if it was possible or a plan put in motion for that. I have mined Burst for most of the last year as well and have recently stopped. The all-in-one wallet/mining/plotting solution is a great step forward but just not enough to make a big enough difference where people are coming in.

Besides the assets and a dice/horse racing game, how many other things can you spend Burst on?? What good is having it if you cannot spend it? That is part of the problem.

Think you got something wrong, BURST uses the drive space for precalculated hashes, there is no way to use it for other data.
BURST is the ONLY coin using drive space for mining, other solutions / coins rewad you for sharing space / bandwidth ... thats something completely different.

The person that came up with the idea previously (can't remember the forum user) thought that in addition to storing the hashes that people could set aside additional storage space and be paid in Burst for using that space.  So the trade off with Burst seems to be..... save energy, waste space. The point is that the hard drive space will become a commodity in these other solutions and thriving ecosystems will be based around them. What will make someone decide that using that space for Burst is a better decision......for what? It has been a year and there are only a few gambling solutions that accept it, and no merchants. Even though the all in one wallet is much easier, what makes a person WANT Burst?

I am not trying to troll. I have been a Burst user from the very beginning and have enjoyed learning the system but I am just being real here. It is on the edge of dying because of the lack of core Dev updates to the wallet or any type of communication that shows there is a future for this.  Crowetic and Luxe along with others have done a ton for Burst to keep pushing it forward but that only goes so far being community members and not driving ongoing development.

I see it as a benefit: Increase the power of your miner, by adding some (cheap) hard disks. Try this with other miners! The additional cost for operating the additional hard disks is very little.

[lorylore]

i have 4,5 Tb on a win pc, could i mine?

of course that you can mine, just check the OP thread and you will notice how to do that.

Also the PR team release a new and usefull tool ALL in ONE from where you should be able to start to mine this coin in a few easy steps, you can check it here -> https://bitcointalk.org/index.php?topic=731923.msg12174611#msg12174611

Welcome to the BURST world

I watched the video, after ploting which use CPU and HDD write/read at the maximum speed. After this will it use only the cpu or only the hdd or both? I have 500gb free.

it will use CPU and HDD slightly, for about 1 min or so per block. But that's it. it is about 25% less efficient than just leaving your computer on I mine on my main rig all day long and notice no decrease in performance or any issues whatsoever.

What is your rig, and what is your daily profit (excluding electricity...) Can you suggest me anything? I have 500GB free.

[romdu]

competition is good for business and risk diversification is highly recommend

-[ANNOUNCEMENT]- First Burstcoin.de Asset
New Asset with 2% Interest a Month / 24% a Interest a Year / Highly Secure

Asset Name – BdeBank
Total number available – 500.000
Initial Price –  50 Burst
Asset Number (ID)– 4053085726300717216
First payout is the first of April!

2% interest montly! This asset pays out 2% interest monthly.  One B.deBank  Asset = 50 Burst. 2% of 50 Burst = 1 Burst / month payout.

URL: http://www.burstcoin.de/assets/asset_b.debank.pdf

Guaranteed monthly payout! Every first day of the month i will payout all interest of the assets. Regardless how long you are owner oft them. Also if you bought the assets one day before the first.

Save Investment! The interests are covered and backed by my mining system. If all shares are sold, i have to pay 500.000 Burst  intrest a month. My Miners make average 25.000 Burst per day, whats in a month 750.000 Burst. So the payment of interest is secured forever. Also i am actually bring up more miners, also, look above, this is covert with my burst account with 8.4 Million Burstcoins atm.

Instant Cashout without loss! Also you can cashout anytime. I will buy back the assets from you. Therfore i will place a buy order for every sold asset with a price of 50 Burst. The price what i pay for the payback will decrease 1% every month.  Buywall will be created instantly after the first sales and adapted every first day of the month.

Burstcoin.de is the name oft the german website of burst , with mining guides, best practises, how tos, a manual for beginners, example hardwares from my miners, scripts for tracking the mining tasks, news over burst, etc. and information for the german community is actually daily added.

Bobafett is my username in [Suspicious link removed].  I´m mining and investing in Burst qfilsince the beginning. I invested over 8500 Euros since now in Burst (bought with btc) and mining hardware. Until now i never sold any of my coins because i really belive this coin has a bright future.

Bobafett is the owner oft the account BURST-AJ63-3W8L-FGBT-2ALZE and now holding over 8.4 Million Burst and is now Top 11 of all Burst holders .

Bobafett is  mining with over 120TB every day and my next miner is acutally plotting. My daily minded income of burst are between 20.000 and 30.000 Burst.

Payout Done!

Code:

Amount paid, Account, TX
81018, BURST-YZD9-CD4K-D5CA-6NUEL, 15360704291624458330
75000, BURST-LTG3-M3W7-BXRP-CYBTS, 17104929887690627978
58490, BURST-G7KZ-8XRM-NB3B-6L7GY, 9665164647613908581
52383, BURST-2PFM-P6FK-JQTD-4U7NC, 12444084546079242494
26694, BURST-PC4J-ETQQ-VYHC-BPYHP, 13635137027212619830
20500, BURST-YS55-JXPL-BJKB-ATVQJ, 8632716349667963849
20447, BURST-EDTR-SU3E-VV64-3ALJJ, 5005249701912360021
20026, BURST-EEE2-RDC4-7KZN-99Y36, 13890426563500527509
20000, BURST-H2AK-CKC4-HCU3-7JCP7, 10178736787942738824
20000, BURST-LF5W-A9EN-Z95T-CBMX6, 12804847600966087864
20000, BURST-B3QN-4W4Z-ZK74-EKWJG, 8545797308747003017
11480, BURST-79PK-DGC2-M4XP-HUAVB, 7915744118319346416
10000, BURST-K376-EJSB-NMC5-FDF2F, 7851917665035184849
7125, BURST-TDWT-SRJM-V9X7-7SVL5, 15499323907936415742
7114, BURST-7Q8V-B4AB-N6WY-CYXFG, 4024751037447833603
5198, BURST-CNM8-9FB7-E43L-8DE38, 4591212868758761381
4232, BURST-AAAA-GCP8-7C4H-2EGH6, 1605679612243812028
3565, BURST-Z35B-QZQ5-S8RA-6ELV8, 4743198595506430475
2016, BURST-9WD8-6YEW-FMZH-C7BRB, 17783097267892043329
2000, BURST-S37A-4WRB-RJ35-7WN5A, 1295392308575405642
2000, BURST-LP4P-JQ5S-G634-DXNMQ, 6829284850916881518
1120, BURST-LTEA-5UUG-LCVC-ATU64, 2418184006814848625
1050, BURST-G5EG-7MQ2-QJJ9-7VRCG, 13456266096912909897
720, BURST-L9Y6-FFHR-E9D6-7AR56, 14349900292482659956
710, BURST-2DEM-EBGV-GVCS-HNK6U, 13202097929962718162
500, BURST-FVDC-XRNC-YD8Y-AT6PQ, 17603388954343355169
500, BURST-8JXK-UEEF-4F5E-36QRD, 7177127465430000471
200, BURST-N8KB-DKKW-9C4W-AF289, 5078546931759619437
200, BURST-K48W-F6TF-LQJW-FHR6A, 1148801591032730671
150, BURST-UADJ-9AFK-Q62J-5YV2K, 2679296318822316949
120, BURST-2QX6-W52G-S466-4C94C, 4695959643489058435
110, BURST-YTCM-Z647-2XGE-APUB6, 11600124619409846794
100, BURST-KLKV-64G5-ZS2L-6F6PP, 16100050086916128451
100, BURST-SARW-AZYD-WB2R-8S2NS, 7711487344487821094
51, BURST-D4CR-L4M6-RZ9U-A5J7J, 18013211079576448506
50, BURST-6LM8-HGJA-MBJ5-43UU9, 4020647009513817725
50, BURST-247J-TQC8-T5EB-EJFZP, 17105014367016421886
43, BURST-WKHQ-LQXX-HUR9-C5VQ2, 4474829543942946952
27, BURST-53DP-A7CT-YTM9-FZCLM, 16156628487808608324
10, BURST-X2MY-DV84-GB2J-HCXZE, 8507074221687487710
2, BURST-V5ZN-RFPQ-4REU-9XQJG, 3291620025152553986
2, BURST-8GKG-B4KD-MDFR-4247Q, 5926009088630316436
------------All transactions processed------------

Scheduled next payment:
01.08.2015 2% per asset

Recent interest payments:
01.07.2015 2% per asset
01.06.2015 2% per asset
01.05.2015 2% per asset
01.04.2015 2% per asset

Also look at my new Asset, atm ca. 1% Intrest per Month and growing: https://bitcointalk.org/index.php?topic=731923.msg11495348#msg11495348

You will get in serious legal trouble as you as a german citizen have no licence for acting as issuer. i wont let you run with my BURST. as i am also german i will take action in the upcoming days, except you will place a buy order as stated in your quoted post above asap.

[Elmit]

competition is good for business and risk diversification is highly recommend

-[ANNOUNCEMENT]- First Burstcoin.de Asset
New Asset with 2% Interest a Month / 24% a Interest a Year / Highly Secure

Asset Name – BdeBank
Total number available – 500.000
Initial Price –  50 Burst
Asset Number (ID)– 4053085726300717216
First payout is the first of April!

2% interest montly! This asset pays out 2% interest monthly.  One B.deBank  Asset = 50 Burst. 2% of 50 Burst = 1 Burst / month payout.

URL: http://www.burstcoin.de/assets/asset_b.debank.pdf

Guaranteed monthly payout! Every first day of the month i will payout all interest of the assets. Regardless how long you are owner oft them. Also if you bought the assets one day before the first.

Save Investment! The interests are covered and backed by my mining system. If all shares are sold, i have to pay 500.000 Burst  intrest a month. My Miners make average 25.000 Burst per day, whats in a month 750.000 Burst. So the payment of interest is secured forever. Also i am actually bring up more miners, also, look above, this is covert with my burst account with 8.4 Million Burstcoins atm.

Instant Cashout without loss! Also you can cashout anytime. I will buy back the assets from you. Therfore i will place a buy order for every sold asset with a price of 50 Burst. The price what i pay for the payback will decrease 1% every month.  Buywall will be created instantly after the first sales and adapted every first day of the month.

Burstcoin.de is the name oft the german website of burst , with mining guides, best practises, how tos, a manual for beginners, example hardwares from my miners, scripts for tracking the mining tasks, news over burst, etc. and information for the german community is actually daily added.

Bobafett is my username in [Suspicious link removed].  I´m mining and investing in Burst qfilsince the beginning. I invested over 8500 Euros since now in Burst (bought with btc) and mining hardware. Until now i never sold any of my coins because i really belive this coin has a bright future.

Bobafett is the owner oft the account BURST-AJ63-3W8L-FGBT-2ALZE and now holding over 8.4 Million Burst and is now Top 11 of all Burst holders .

Bobafett is  mining with over 120TB every day and my next miner is acutally plotting. My daily minded income of burst are between 20.000 and 30.000 Burst.


Scheduled next payment:
01.08.2015 2% per asset

Recent interest payments:
01.07.2015 2% per asset
01.06.2015 2% per asset
01.05.2015 2% per asset
01.04.2015 2% per asset

Also look at my new Asset, atm ca. 1% Intrest per Month and growing: https://bitcointalk.org/index.php?topic=731923.msg11495348#msg11495348

You will get in serious legal trouble as you as a german citizen have no licence for acting as issuer. i wont let you run with my BURST. as i am also german i will take action in the upcoming days, except you will place a buy order as stated in your quoted post above asap.

I don't understand your problem. Maybe you do not understand the functions of the asset.
He offers to buy back the assets with an DECREES of 1% for each month.
He cannot do that in the trading page, otherwise he would buy back ANYONES asset. It can therefore only be done with asset transfer. You got to contact bobafett via PM to get this done.

I also do not see any legal troubles, since he is not a BANK in the normal sense. He issues BURST assets, not BANK notes!

[Irontiga]

So far, from all the devs i have spoken to, they all say burst is flawed. The core dev hasn't shown his face in a while, and devs have only left this coin. Why would I stick around? I have never been paid, and tbh i'm not much good anyway. It's a shame that burstcoin.biz doesn't has an asset explorer....but that's all i've managed to achieve. The burstcoin.info is about as crap as a site gets. I dunno guys, can you tell me why I should stick around without a whitepaper? I am not good enough to be able to review the algo.

[lorylore]

So far, from all the devs i have spoken to, they all say burst is flawed. The core dev hasn't shown his face in a while, and devs have only left this coin. Why would I stick around? I have never been paid, and tbh i'm not much good anyway. It's a shame that burstcoin.biz doesn't has an asset explorer....but that's all i've managed to achieve. The burstcoin.info is about as crap as a site gets. I dunno guys, can you tell me why I should stick around without a whitepaper? I am not good enough to be able to review the algo.

I was just starting to start mining with my hdd (500gb free) dont know about the profit but thanks for letting me know this. For the rest i will keep watching this topic.

[romdu]

elmit, if you are selling financial products in germany you need to fullfill the requirements for example of § 34f / § 34g. this has nothing to do with being a bank.

Mr Marco Feindler stated in his sales document:

Instant Cashout without loss! Also you can cashout anytime. I will buy back the assets from you. Therfore i will place a buy order for every sold asset with a price of 50 Burst. The price what i pay for the payback will decrease 1% every month. Buywall will be created instantly after the first sales and adapted every first day of the month.

there was no adapted buy order in august. please take a look at the asset orderbook...that is classic scam in my opinion.

[callmejack]

This project isn't about becoming rich in a year. This project is about the FUTURE. The future of mining, the future of blockchain tech, the future of crypto in general, and if you don't believe that, and/or don't give a shit, then go mine a pnd coin or buy a scam coin IPO, wait for the initial pump, sell off with hope that you profit, and rinse repeat.

I would not say Burst is the future of mining. Unless something is done to adapt Burst to utilize the hard drive space for something I doubt Burst will be able to compete with other up and coming storage based solutions. I can't remember who it was that was also on the same page and commented about that with this idea.  In my opinion it would be something I would donate toward if it was possible or a plan put in motion for that. I have mined Burst for most of the last year as well and have recently stopped. The all-in-one wallet/mining/plotting solution is a great step forward but just not enough to make a big enough difference where people are coming in.

Besides the assets and a dice/horse racing game, how many other things can you spend Burst on?? What good is having it if you cannot spend it? That is part of the problem.

Think you got something wrong, BURST uses the drive space for precalculated hashes, there is no way to use it for other data.
BURST is the ONLY coin using drive space for mining, other solutions / coins rewad you for sharing space / bandwidth ... thats something completely different.

The person that came up with the idea previously (can't remember the forum user) thought that in addition to storing the hashes that people could set aside additional storage space and be paid in Burst for using that space.  So the trade off with Burst seems to be..... save energy, waste space. The point is that the hard drive space will become a commodity in these other solutions and thriving ecosystems will be based around them. What will make someone decide that using that space for Burst is a better decision......for what? It has been a year and there are only a few gambling solutions that accept it, and no merchants. Even though the all in one wallet is much easier, what makes a person WANT Burst?

I am not trying to troll. I have been a Burst user from the very beginning and have enjoyed learning the system but I am just being real here. It is on the edge of dying because of the lack of core Dev updates to the wallet or any type of communication that shows there is a future for this.  Crowetic and Luxe along with others have done a ton for Burst to keep pushing it forward but that only goes so far being community members and not driving ongoing development.

wasted hdd space is in my opinion anything you keep without accessing it anymore.
since poc mining shifts the running costs towards zero by having the plots in live access makes burst evolve really slowly simply because there is no big money involved in securing the network.
having this in mind we require to design a service which utilizes exactly this.

how about integrating some sort of ssl authority into burst?
if we start to think about mass adoption it may be the best to provide something which makes only sense in a huge secured network which has almost no running costs.

technically it should be possible with todays core to simply store in the blockchain the certificates as message or newly introduced tx types. simple gateways on rented servers act as authorities for regular users while advanced users run the wallet which provides their own authority service.

i am not sure if browser plugins are required to archive this or if it works in a more flexible server based way.

[Elmit]

So far, from all the devs i have spoken to, they all say burst is flawed. The core dev hasn't shown his face in a while, and devs have only left this coin. Why would I stick around? I have never been paid, and tbh i'm not much good anyway. It's a shame that burstcoin.biz doesn't has an asset explorer....but that's all i've managed to achieve. The burstcoin.info is about as crap as a site gets. I dunno guys, can you tell me why I should stick around without a whitepaper? I am not good enough to be able to review the algo.

Nobody gets paid for their extra effort.
We all believe that the concept of BURST is great, has potential features and CAN be marketed! What happened in the past is already history. Look into the future. If you stare at the ground, all what you will eventually find is dog shit. Look straight to the future!
The mentioned web sites are not that bad, I like burstcoin.info more than the other.

Unlike most of us, you DO know the devs with an "s", while crowtec always speaks from "him". One guy is sure overworked to develop something new. However, at the moment we are not looking for new things, we just want to complete existing things, and that should be just minutes (hours) away. The windows wallet is more complete than the original one, so it can be done in a short time.

The missing whitepaper is sure an obstacle to pull in new developers.

Could you start with just a few paragraphs what the white paper should look like in an google document and each of us, adds something to it. I am sure, some of us do understand more of the coin and could so contribute to the white paper.
In this way, even it is wrong, others will correct it and within a reasonable time we will have the whitepaper also done.

[Elmit]

elmit, if you are selling financial products in germany you need to fullfill the requirements for example of § 34f / § 34g. this has nothing to do with being a bank.

Mr Marco Feindler stated in his sales document:

Instant Cashout without loss! Also you can cashout anytime. I will buy back the assets from you. Therfore i will place a buy order for every sold asset with a price of 50 Burst. The price what i pay for the payback will decrease 1% every month. Buywall will be created instantly after the first sales and adapted every first day of the month.

there was no adapted buy order in august. please take a look at the asset orderbook...that is classic scam in my opinion.

Contact him directly, and I am sure he will explain it to you how it works. Transfer asset, get BURST, whatever you decide first. You can also use ESCROW for that.

In my opinion BURST is NOT a financial product, nor is BITCOIN, nor is a "Picasso".

[crowetic]

This project isn't about becoming rich in a year. This project is about the FUTURE. The future of mining, the future of blockchain tech, the future of crypto in general, and if you don't believe that, and/or don't give a shit, then go mine a pnd coin or buy a scam coin IPO, wait for the initial pump, sell off with hope that you profit, and rinse repeat.

I would not say Burst is the future of mining. Unless something is done to adapt Burst to utilize the hard drive space for something I doubt Burst will be able to compete with other up and coming storage based solutions. I can't remember who it was that was also on the same page and commented about that with this idea.  In my opinion it would be something I would donate toward if it was possible or a plan put in motion for that. I have mined Burst for most of the last year as well and have recently stopped. The all-in-one wallet/mining/plotting solution is a great step forward but just not enough to make a big enough difference where people are coming in.

Besides the assets and a dice/horse racing game, how many other things can you spend Burst on?? What good is having it if you cannot spend it? That is part of the problem.

Think you got something wrong, BURST uses the drive space for precalculated hashes, there is no way to use it for other data.
BURST is the ONLY coin using drive space for mining, other solutions / coins rewad you for sharing space / bandwidth ... thats something completely different.

The person that came up with the idea previously (can't remember the forum user) thought that in addition to storing the hashes that people could set aside additional storage space and be paid in Burst for using that space.  So the trade off with Burst seems to be..... save energy, waste space. The point is that the hard drive space will become a commodity in these other solutions and thriving ecosystems will be based around them. What will make someone decide that using that space for Burst is a better decision......for what? It has been a year and there are only a few gambling solutions that accept it, and no merchants. Even though the all in one wallet is much easier, what makes a person WANT Burst?

I am not trying to troll. I have been a Burst user from the very beginning and have enjoyed learning the system but I am just being real here. It is on the edge of dying because of the lack of core Dev updates to the wallet or any type of communication that shows there is a future for this.  Crowetic and Luxe along with others have done a ton for Burst to keep pushing it forward but that only goes so far being community members and not driving ongoing development.

One way or another there WILL be core updates. Either the dev will come back, or another will be appointed. I have everything lined up just in case. It will not disappear, it will not die.

There are many platforms that can be built around BURST tech, that will allow for reasons to use the coin. I'm working on a few ideas. One of which would be a front end for the marketplace, making a decentralized eBay, dBay. heh. (that isn't necessarily what it will be called, but I think that is hilarious.)

There are many uses for Automated Transactions too, that can be built on top of BURST.

Everything will work out, things will continue, BURST will survive and thrive.

[crowetic]

elmit, if you are selling financial products in germany you need to fullfill the requirements for example of § 34f / § 34g. this has nothing to do with being a bank.

Mr Marco Feindler stated in his sales document:

Instant Cashout without loss! Also you can cashout anytime. I will buy back the assets from you. Therfore i will place a buy order for every sold asset with a price of 50 Burst. The price what i pay for the payback will decrease 1% every month. Buywall will be created instantly after the first sales and adapted every first day of the month.

there was no adapted buy order in august. please take a look at the asset orderbook...that is classic scam in my opinion.

I called him out myself, honestly I never trusted or liked the guy very much. Nonetheless I supported his project, now it seems he is thieving from everyone. Very upsetting and yet another scar on BURST.

Honestly it is quite ridiculous. I say go after him if you can, if you're in the same country. He has yet to respond to my call out.

[daWallet]

"The provided video of the new windows wallet is just pure advertisement for one pool. I cannot promote it! I have to make my own ads (video)." - Elmit

Well, I released the Windows client with one pool because we needed a working all-in-one solution as fast as possible - for everyone! Crowetic tested, helped me and made a video for it so I decided for his pool.

It seems you never used my software because there is a clear message for pool owners:



And actually one (!) guy contacted me and send me the configs for the italian pool and it will be included in the next release. To that point I had no experience with uray's pool code so it was necessary. Elmit, you could help beta-testing (pm).

About the whitepaper:
It will be done, even if I have to write it myself. But that would take months...
I don't understand irontiga's vague words about flaws. There is no 'inside' information he is referring to. The code is available on gitihub - open source. The work of burstdev speaks for itself.

About the tech and usage of Burst:
As I mentioned weeks ago there is no reason to implement some kind of cloud functionality. Burst IS the shadow price /opportunity costs of free space lying around unused. What we don't have yet is a working market.

At the moment Burst is almost 600 times more efficient per transaction (at 5% network capacity) than Bitcoin (at 70% network capacity). If you see the same potential and you want to be part of it, you can contact me.

"You can't climb the ladder of success with your hands in your pockets" - A. S.

[riskyfire]

So far, from all the devs i have spoken to, they all say burst is flawed. The core dev hasn't shown his face in a while, and devs have only left this coin. Why would I stick around? I have never been paid, and tbh i'm not much good anyway. It's a shame that burstcoin.biz doesn't has an asset explorer....but that's all i've managed to achieve. The burstcoin.info is about as crap as a site gets. I dunno guys, can you tell me why I should stick around without a whitepaper? I am not good enough to be able to review the algo.

All your efforts are apperciated. I'm sure they'll often go un-noticed by many but
I really apperciate all that you've added to this coin and the community as a whole.

A few other guys here are also great and all lots of value to this coin!

We've just got to push through these rough times together.

[crowetic]

So far, from all the devs i have spoken to, they all say burst is flawed. The core dev hasn't shown his face in a while, and devs have only left this coin. Why would I stick around? I have never been paid, and tbh i'm not much good anyway. It's a shame that burstcoin.biz doesn't has an asset explorer....but that's all i've managed to achieve. The burstcoin.info is about as crap as a site gets. I dunno guys, can you tell me why I should stick around without a whitepaper? I am not good enough to be able to review the algo.

All your efforts are apperciated. I'm sure they'll often go un-noticed by many but
I really apperciate all that you've added to this coin and the community as a whole.

A few other guys here are also great and all lots of value to this coin!

We've just got to push through these rough times together.

I would still like a clear explanation of exactly what it is you think is flawed in PoC.

To my knowledge it has been tested to see if it can be exploited, and every attempt has either failed, or been completely pointless... such as trying to mine on GPU. It would be completely pointless to try because a great GPU would only equate to a very small amount of HDD space and thus be extremely ridiculous in power consumption VS HDD...

But yea, I don't know exactly what you're worried about with this flaw theory.

I think you should stick around because this is not the end, by far. Just because the few active devs we had have decided to move on, doesn't mean we can't get new ones, and in fact I'm already prepared if need-be.

I'm going to wait a while for the main dev to show up again before making any executive decisions, but it is entirely possible to re-boot the coin, new OP, new devs, and pick up where the other left off, if we need to.

People are acting like he has been gone forever, when in reality I spoke to him personally on the first of August. That's less than a month of actually not being around. Is this really enough time for people to lose their minds?

if PoC is flawed in some way, I would like to know what way you think that is, so it can be documented and fixed.

[yellowduck2]

So far, from all the devs i have spoken to, they all say burst is flawed. The core dev hasn't shown his face in a while, and devs have only left this coin. Why would I stick around? I have never been paid, and tbh i'm not much good anyway. It's a shame that burstcoin.biz doesn't has an asset explorer....but that's all i've managed to achieve. The burstcoin.info is about as crap as a site gets. I dunno guys, can you tell me why I should stick around without a whitepaper? I am not good enough to be able to review the algo.

All your efforts are apperciated. I'm sure they'll often go un-noticed by many but
I really apperciate all that you've added to this coin and the community as a whole.

A few other guys here are also great and all lots of value to this coin!

We've just got to push through these rough times together.

I would still like a clear explanation of exactly what it is you think is flawed in PoC.

To my knowledge it has been tested to see if it can be exploited, and every attempt has either failed, or been completely pointless... such as trying to mine on GPU. It would be completely pointless to try because a great GPU would only equate to a very small amount of HDD space and thus be extremely ridiculous in power consumption VS HDD...

But yea, I don't know exactly what you're worried about with this flaw theory.

I think you should stick around because this is not the end, by far. Just because the few active devs we had have decided to move on, doesn't mean we can't get new ones, and in fact I'm already prepared if need-be.

I'm going to wait a while for the main dev to show up again before making any executive decisions, but it is entirely possible to re-boot the coin, new OP, new devs, and pick up where the other left off, if we need to.

People are acting like he has been gone forever, when in reality I spoke to him personally on the first of August. That's less than a month of actually not being around. Is this really enough time for people to lose their minds?

if PoC is flawed in some way, I would like to know what way you think that is, so it can be documented and fixed.

Good that we have passionate people like u in crypto. Hope we will celebrate 2nd year anniversary for Burst next year