Hello Burst community! I have been looking for a cryptocurrency to invest in for the long term, and one of the criteria has to be is the project must be doing something differently from the rest. The feature that attracted me to Burst is the mining algorithm Proof of Capacity.
I tried to read more about it but I havent found much information, except that Proof of Capacity has its own flaws and attack vectors. Can a developer please comment on that and on POC's development?
It might be better for Burst to drop all other developments and concentrate on POC.
PoC is what got me interested too, but there was an attack on BURST in early August which brought the whole network down for a few days. Thankfully that's over, but it's put a big scare into the price.
Fortunately, I think that's behind us and the price is bottoming out. Touched near 100sat earlier in August but is starting to rise again. It's got a huge supply though, which is something to watch out for as to a limit on the high end, eventually.