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

[FrilledShark]

File-Sharing via Burstcoin could quite 'easy' be done.

The Usecase:
- You uploaded files to Usenet or File-Hosters or FTP or whatever ... and optional protected them by password (rar/zip).
- Now you want to 'sell' this files for BURST.

The Solution:
- Create a new account with optional accountInfo (Name and description) about the files that are provided by this account. (for example a tv-show season)
- Send encrypted messages to this acccount, containing the download url and the password for the download (e.g. one for every episode of the tv-show)
- Offer the download in Market and finally provide the password of the above created account to anyone that buys it. (Could think of AT that does it automated ...)
- The customer can now access the account, decrypt the messages and access the files.

Notice:
This could be simplified for users by writing a special client that just uses the burst server api. (no need to access the wallet)

Advanced:
A encrypted message can contain ~1kb of data, a special client for File-Sharing could use JSON as format for different kinds of data-info stored encrypted in the blockchain ...
e.g. usenet-download, hoster-download (upload.to etc.), ftp-download etc. in detail the needed data differs a bit.

However, i currently think of (and started to implement) such a file-sharing client based on burstcoin blockchain ... this is no decentralized storage, but could solve the problem to receive micropayments for uploads.

Edit:
Burst already has a build in decentralized storage with encryption ... you can store 1kb data for 1 burst in a encrypted message, thats 1000 burst for a MB, quite cheap at current burst prices :-)  Sure, we need a little software to split a file in pices (if needed) and send the needed messages. On the other side collect messages and rejoin the parts back to a file. Just a theoretical case ofcause, mass usage is not possible at max. 255kb in 4minutes. But hey, if you want to give your files a higher prio, just pay more for your transactions :-)

There is quite a lot, that could be implemented using the burst server api and ATs, even without wallet updates within near future ... be creative!!

This one is amazing. If you or someone else can implement it, it will be huge thing. I don't care of burstcoin price. IMO lower is better to buy more I want price drop to 1 satoshi

Stay tuned, i'm currently working on something like that, as plugin for wallet (copy in html folder),
using: GWT (http://www.gwtproject.org/) and Browser File-API (http://www.w3.org/TR/FileAPI/) along with BURST Server-API (https://wallet.burst.city/test) ...
In addition to the quoted above, it will be possible to select a image, convert it into a thumb and store that in the blockchain (for a few burst) ... yes that would be a real decentralized storage, even if the amount of data is quite limited.

I could need some help with AT ... would this work:
- at-account has a encrypted message
- at-account receives money from money-sender account
- at-account decrypts the message
- at-account sends content of decrypted message ... encrypted to money-sender account

Edit: If everyone uploaded a image to the block chain the blockchain would become huge, and that could make it very hard to run a local wallet for new users.
Also When does bytebank payout?
If it's dead could the owner buy back the asset full price or for a reduced amount?

[luxe]

..
If everyone uploaded a image to the block chain the blockchain would become huge, and that could make it very hard to run a local wallet for new users.
...

Transactions per block are limited and data per transaction is limited ... blockchain can only grow within its parameters (max: ~90MB day / ~30GB year) ... you want us to make no transactions to keep the blockchain small? It would be very good for burst, if all available transactions would be 100% used ... even if the demand is higher than available ... that would increase transaction fees (mining rewards) ...

[pilscoop]

Is it safe to mine Burst on a laptop? Or can I get my HDD toasted or something?

[FrilledShark]

..
If everyone uploaded a image to the block chain the blockchain would become huge, and that could make it very hard to run a local wallet for new users.
...

Transactions per block are limited and data per transaction is limited ... blockchain can only grow within its parameters (max: ~90MB day / ~30GB year) ... you want us to make no transactions to keep the blockchain small? It would be very good for burst, if all available transactions would be 100% used ... even if the demand is higher than available ... that would increase transaction fees (mining rewards) ...

I know that 100% usage of the bursts transactions would benefit Burst, but if the blockchain would grow with 30GB/Year you would have a bigger blockchain then bitcoin after only 2/3 a single year.
I support what you are doing, it's a nice way of adding more features to burst, but it's going to make it harder for new people to join.

Is it safe to mine Burst on a laptop? Or can I get my HDD toasted or something?

On a laptop, the HDD is smallere, which means that the drive need to spin faster and have higer usage. Then a HDD get used, laptop or not, it will have a chance of dying. Laptop HDD have higer usage (spins faster) and will age faster then a desktop, which add up to a greater chance of the HDD dying faste,. but A laptop have lower power drain so it can be more profitable if you mine on laptops.
TL:DR, The HDD will get used more and that will make it age faster. It's safe but less recommend then doing it on a desktop.

[Irontiga]

Stay tuned, i'm currently working on something like that, as plugin for wallet (copy in html folder),
using: GWT (http://www.gwtproject.org/) and Browser File-API (http://www.w3.org/TR/FileAPI/) along with BURST Server-API (https://wallet.burst.city/test) ...
In addition to the quoted above, it will be possible to select a image, convert it into a thumb and store that in the blockchain (for a few burst) ... yes that would be a real decentralized storage, even if the amount of data is quite limited.

I could need some help with AT ... would this work:
- at-account has a encrypted message
- at-account receives money from money-sender account
- at-account decrypts the message
- at-account sends content of decrypted message ... encrypted to money-sender account

GWT looks sweet

No, an at account can not decrypt a message, or at least I don't think it can, as it doesn't have a passphrase.If it did everyone would have to know it, making it useless anyway.

[Irontiga]

..
If everyone uploaded a image to the block chain the blockchain would become huge, and that could make it very hard to run a local wallet for new users.
...

Transactions per block are limited and data per transaction is limited ... blockchain can only grow within its parameters (max: ~90MB day / ~30GB year) ... you want us to make no transactions to keep the blockchain small? It would be very good for burst, if all available transactions would be 100% used ... even if the demand is higher than available ... that would increase transaction fees (mining rewards) ...

I know that 100% usage of the bursts transactions would benefit Burst, but if the blockchain would grow with 30GB/Year you would have a bigger blockchain then bitcoin after only 2/3 a single year.
I support what you are doing, it's a nice way of adding more features to burst, but it's going to make it harder for new people to join.

Is it safe to mine Burst on a laptop? Or can I get my HDD toasted or something?

On a laptop, the HDD is smallere, which means that the drive need to spin faster and have higer usage. Then a HDD get used, laptop or not, it will have a chance of dying. Laptop HDD have higer usage (spins faster) and will age faster then a desktop, which add up to a greater chance of the HDD dying faste,. but A laptop have lower power drain so it can be more profitable if you mine on laptops.
TL:DR, The HDD will get used more and that will make it age faster. It's safe but less recommend then doing it on a desktop.

I mine with a laptop, using another laptop HDD hooked up through USB. Haven't had any issues.

@ByteBank payouts, well, bytebank is discontinued, and buy back order is at 5k (sell price). If there isn't an order atm, just wait, i'll get crowetic onto it.

[haitch]

@ByteBank payouts, well, bytebank is discontinued, and buy back order is at 5k (sell price). If there isn't an order atm, just wait, i'll get crowetic onto it.

@FrilledShark - I've put up a buy order for 450K Burst worth of ByteBank, which will cover all outstanding ByteBank assets, feel free to sell your holdings of the asset into it, I'll sort it out with Crowetic.

H.

[haitch]

..
If everyone uploaded a image to the block chain the blockchain would become huge, and that could make it very hard to run a local wallet for new users.
...

Transactions per block are limited and data per transaction is limited ... blockchain can only grow within its parameters (max: ~90MB day / ~30GB year) ... you want us to make no transactions to keep the blockchain small? It would be very good for burst, if all available transactions would be 100% used ... even if the demand is higher than available ... that would increase transaction fees (mining rewards) ...

I know that 100% usage of the bursts transactions would benefit Burst, but if the blockchain would grow with 30GB/Year you would have a bigger blockchain then bitcoin after only 2/3 a single year.
I support what you are doing, it's a nice way of adding more features to burst, but it's going to make it harder for new people to join.

A fully utilized Bitcoin Blockchain would grow at around 1TB/week, or around 150GB/day. Fully utilized Bitcoin blocks are unlikely to happen, and likewise fully utilized Burstcoin blocks are also unlikely to happen. At full utilization of the blockchain the size of the Bitcoin blockchain would increase at around 1666x the pace of the Burstcoin chain.

Look at realistic usage rather than the extreme end use cases.

H.

[FrilledShark]

..
If everyone uploaded a image to the block chain the blockchain would become huge, and that could make it very hard to run a local wallet for new users.
...

Transactions per block are limited and data per transaction is limited ... blockchain can only grow within its parameters (max: ~90MB day / ~30GB year) ... you want us to make no transactions to keep the blockchain small? It would be very good for burst, if all available transactions would be 100% used ... even if the demand is higher than available ... that would increase transaction fees (mining rewards) ...

I know that 100% usage of the bursts transactions would benefit Burst, but if the blockchain would grow with 30GB/Year you would have a bigger blockchain then bitcoin after only 2/3 a single year.
I support what you are doing, it's a nice way of adding more features to burst, but it's going to make it harder for new people to join.

Is it safe to mine Burst on a laptop? Or can I get my HDD toasted or something?

On a laptop, the HDD is smallere, which means that the drive need to spin faster and have higer usage. Then a HDD get used, laptop or not, it will have a chance of dying. Laptop HDD have higer usage (spins faster) and will age faster then a desktop, which add up to a greater chance of the HDD dying faste,. but A laptop have lower power drain so it can be more profitable if you mine on laptops.
TL:DR, The HDD will get used more and that will make it age faster. It's safe but less recommend then doing it on a desktop.

I mine with a laptop, using another laptop HDD hooked up through USB. Haven't had any issues.

@ByteBank payouts, well, bytebank is discontinued, and buy back order is at 5k (sell price). If there isn't an order atm, just wait, i'll get crowetic onto it.

Well, There is no problem in doing it, but the lifespan of a laptop HDD is lower

..
If everyone uploaded a image to the block chain the blockchain would become huge, and that could make it very hard to run a local wallet for new users.
...

Transactions per block are limited and data per transaction is limited ... blockchain can only grow within its parameters (max: ~90MB day / ~30GB year) ... you want us to make no transactions to keep the blockchain small? It would be very good for burst, if all available transactions would be 100% used ... even if the demand is higher than available ... that would increase transaction fees (mining rewards) ...

I know that 100% usage of the bursts transactions would benefit Burst, but if the blockchain would grow with 30GB/Year you would have a bigger blockchain then bitcoin after only 2/3 a single year.
I support what you are doing, it's a nice way of adding more features to burst, but it's going to make it harder for new people to join.

A fully utilized Bitcoin Blockchain would grow at around 1TB/week, or around 150GB/day. Fully utilized Bitcoin blocks are unlikely to happen, and likewise fully utilized Burstcoin blocks are also unlikely to happen. At full utilization of the blockchain the size of the Bitcoin blockchain would increase at around 1666x the pace of the Burstcoin chain.

Look at realistic usage rather than the extreme end use cases.

H.

Yeah i know, but a huge blockchain does not benefit bitcoin or burst. I can't say what realistic usage would look like, but a huge blockchain  dose not benefit. That said i still support what you guys are doing.
Btw, thanks for creating that buy order.

[BurstIncomeAsset]

Later on we might need a lightweight client developed for BURST.

[Elmit]

Later on we might need a lightweight client developed for BURST.

It seems pools are disappearing.  Besides Burst.ninja which other pools are devoted to burst. Which assets are involved with the current pools that have closed?

burst.mininghere.com is still active:
BURST.MiningHere.com
Pool balance: 81,921
Registered Miners: 568
Active Miners: 558

[bobafett]

Pool.burstcoin.de

[Cobra98]

Pool.burstcoin.de

Site not working anymore. I've been mining there since learning how to and read last night in the chat box he was closing it down.

[bobafett]

Im the owner i only wrote that i would sell it if somebody makes me a good offer. Pool was short down because of a unexpectet error of the task. Now up again.

[Cobra98]

Im the owner i only wrote that i would sell it if somebody makes me a good offer. Pool was short down because of a unexpectet error of the task. Now up again.

Shit lol, just started mining another pool. Yours is still the best with most consistent payouts, back to your pool!

[kahir]

This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on October 30th unless the average daily trade volume for the last 7 days exceeds 0.2 BTC.

[Elmit]

This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on October 30th unless the average daily trade volume for the last 7 days exceeds 0.2 BTC.

But we were always told that we should HOLD the coins, ....

[DooMAD]

This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on October 30th unless the average daily trade volume for the last 7 days exceeds 0.2 BTC.

Which exchange?  I'm guessing it's not Polo, as that's had BTC0.22486507 in the last 24 hours.

[okae]

This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on October 30th unless the average daily trade volume for the last 7 days exceeds 0.2 BTC.

Which exchange?  I'm guessing it's not Polo, as that's had BTC0.22486507 in the last 24 hours.

the exchange that are going to de-listing burst is bittrex, you are free to check it here -> https://bittrex.com/Market/Index?MarketName=BTC-
BURST

btw if you are going to buy/sell burst there is others exchanges as you can see at the OP, polo for example.

[Blago]

This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on October 30th unless the average daily trade volume for the last 7 days exceeds 0.2 BTC.

Which exchange?  I'm guessing it's not Polo, as that's had BTC0.22486507 in the last 24 hours.

C-CEX.com @CryptoCurrEncyX
Delisting list is being corrected all the time. If You don't see delisting red flag on coin - this coin will not be delisted.