https://www.getburst.net/bitcointalk/head.pngNEWS AND ANNOUNCEMENTS
The Weekly Burst Report #75 (3/24/2019)
The Weekly Burst Report #75 has been published. Read the full article at the Burstcoin.ist https://www.burstcoin.ist/2019/03/24/weekly-burst-report-75/
BRS 2.3.0 Released (3/3/2019)
The Burst Apps Team has made their first official BRS (Burst Reference Software) release since the handover from the PoC Consortium. Head on over to GitHub for the details https://github.com/burst-apps-team/burstcoin/releases
BURST BOUNTIES (Ongoing)
If you want to get yourself some Burst coins, head on over to the Burst Marketing Fund Team's Trello Board. There you can go over the list of opportunities to earn some Burst, and also post your own ideas and suggestions for new bounties.
https://www.getburst.net/bitcointalk/specs.pngWHAT IS BURST?
Burst is a cryptocurrency and an open-source decentralized blockchain platform that connects people, companies, and financial institutions. It allows you to move value according to your own rules within a scalable, green, and customizable ledger. It has multiple core-level features and has been running publicly since August of 2014.
Burst is a deflationary currency. The total number of coins that can ever be mined is capped at 2,158,812,800. The mining period for Burst will end in the 2033.
Video - Burst Introductionhttps://img.youtube.com/vi/Fyj9RIyxLb4/0.jpgBurst was officially introduced on the 10th of August 2014 with a goal to solve the largest problems faced by other cryptocurrencies:- lack of decentralization
- unsustainable waste of energy
- unfair pre-mines and ICO releases
- supremacy of corporate interests and large mining operations
Burst is the first cryptocurrency secured by the energy efficient Proof-of-Capacity algorithm (PoC). Bitcoin and many other altcoins use the unsustainable Proof-of-Work model that is widely regarded as a pending environmental disaster due to excessive energy usage. The Proof-of-Work model provides for network security by requiring computers to needlessly and repeatedly perform computationally intensive hashing functions in real time. As network difficulty increases over time, an arms race to remain competitive has emerged whereby Proof-of-Work miners employ ever more powerful processors, graphics cards, and expensive application-specific integrated circuits (ASICs). The energy costs are astounding with electric usage devoted to Proof-of-Work estimated to be more than the total usage of some countries. The Bitcoin network's annual electricity usage alone is frequently sited as exceeding that of the country of Switzerland. Bursts alternative Proof-of-Capacity algorithm provides equivalent security using regular computer resources and inexpensive hard drives to store and retrieve the results of hashing functions that have been pre-computed and are reusable in perpetuity.
Decentralization
Burst addresses the centralist tendency problem plaguing other cryptocurrencies by further using an algorithm that is ASIC-proof. With no possibility for ASICs to replace regular everyday hardware as a minimum barrier to feasible entry, continued decentralization is assured.
Energy-Efficient
Burst uses minimal computational resources beyond that required for initial setup. It is estimated that a Burst transaction uses several orders of magnitude less energy than that required to process a bitcoin transaction. This makes Burst eco-friendly and green. It can be mined using something as small as a Raspberry Pi.
Fair Release
Burst was released with advance public notice, without premine, without airdrops, and without an ICO. All Burst in existence today has been mined beginning with the genesis block using the PoC algorithm.
Equal Opportunity
Because there is no need to buy expensive specialized hardware, Burst is and will remain accessible to anyone who owns a personal computer. No matter how well funded an individual or organization, they cannot use expensive equipment to gain advantage over regular miners using regular computer equipment.
https://www.getburst.net/bitcointalk/poc.pngGraphic design for this ANN by BURST community member SKIPPER. Feel free to contact him if you are wanting work done.
BURST ADDRESS - BURST-2N7K-HBL7-JCUG-65U5U
Email Address - SkipperDesign19@gmail.com[/list]
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