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|Cryptocurrencies||List of All|
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Truth and facts
- Burstcoin is a decentralized, fast, secure and environmental friendly cryptocurrency with smart contract, built-in asset exchange wallet, a true peer to peer economy using PoC mining and blockchain technology.
- One of the primary differences setting burst coin apart from other projects is that the network is powered by a free hard drive space instead of your total computing power.
- One of the primary benefits to this algorithm is reduced electricity usage, resulting in lower costs and a greener planet.
- A decentralized asset exchange is also incorporated right into the burst wallet, making it easier than ever to issue your own asset shares and invest in other projects using your burst coin.
- Secure: Burst is built with the blockchain technology, meaning that transactions are secured by military-grade cryptography. Be your own bank, without the stress.
- Fast: Burstcoins can easily be sent anywhere in the world in minutes for almost non-existent fees. You do not need slow and expensive banks anymore.
- Decentralized: Burst is ruled by its network of users and cannot be altered by governments, financial institutions or any single entity, unlike fiat currencies.
- Energy efficient & green mining: A Blockchain-based cryptocurrency depends on its users securizing the network by following a complicated algorithm actively validating each transaction. This activity is called “mining” and because of that the entire Bitcoin network now consumes more energy than a number of countries. With Burst and its Proof-of-Capacity (PoC) algorithm using free disk space instead of energy consuming CPUs and GPUs, mining barely uses more energy than just leaving your computer on.
- Slogan: Innovation at its finest.
- The world's first HDD-mined cryptocurrency using the new algorithm, Proof-of-Capacity.
- Leading blockchain innovation. Proof-of-Capacity. Energy efficient. ASIC resistant. Smart contracts. Asset exchange. Problem solvers.
- Introduced on 10 August 2014.
- The official ticker symbol for Burstcoin: BURST
- Maximum supply: 2,158,812,800 BURST
- Circulating Supply: 1,800,339,818 BURST
WTF is Burstcoin (In 1 minute)
Proof of Capacity
- Burst is the most ECO friendly mining solution.
- Proof of Capacity is energy efficient: The energy consuming part of mining is performing the calculations, but with Burst, the computer performs the calculations once, then all it does while mining is to read a few megabytes off of a hard drive every few minutes and checks every nonce it pulls off, instead of working through heavy calculations like Bitcoin.
List of exchanges, trading platform and marketplaces to trade, buy and sell Burst (BURST).
- List of team members in Burst (BURST).
|daWallet||Developer||End-user software specialist. Core contributor, founder/administrator of several Burst websites. Die-hard Burst enthusiast.|
Frequently asked questions