Mod News: The 12/10/2017 update of "r/Burstcoin Upgrades" has been posted. We are looking for new moderators, read to find out more.
What Is Burst?
Burst is a revolutionary cryptocurrency using a unique consensus algorithm called Proof of Capacity. This allows the mining process to shed exorbitantly priced hardware, extreme electricity consumption, and massive amounts of generated heat, while further decentralizing by enabling anyone with extra disk space to participate with almost no performance degradation to their machine. By precomputing nonces once and storing them on hard drives each nonce can later be recalled in the mining process.
Burst was the first cryptocurrency to implement turing complete smart contracts and also boasts integrated, escrow services, crowdfunding, messages, and a decentralized asset exchange and marketplace.
Basic Info
- Genesis Block: August 10th, 2014
- Block Time: 4 Minutes
- Blockchain Size: ~5GB (Oct 2017)
- Algorithm: Shabal256
- Total Supply: 2,158,812,800 BURST
- Block Reward Decay: 5% per Month
- Fork of NXT
- No Premine, ICO, or Airdrop
Best Threads
Community Resources
Wallets
Exchanges
Faucets
Miner Resources
Tutorials
A particular websites inclusion in the sidebar should NOT be construed as an endorsement or promotion. The sidebar is simply an aggregation of current and working resources.
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Rules
- No Personal Attacks
- There is a drastic difference between calling someone out and just being rude and insulting or trolling.
- Language
Examples of inappropriate language…
- Overly profane posts.
- Profanity in titles.
- Posts or titles not in English.
- Exceedingly poor grammar.
- Price Speculation
- Any price discussions need to be founded and backed up with analysis.
- Price memes or posts with no legitimate information are not allowed
- No FUD
- Legitimate discussions of issues are welcomed.
- No Begging (No Exceptions)
- There are links to exchanges and a faucet in the sidebar. Buy your own coins or use the GetBurst forum.
- No Spamming or Misleading Titles
- No Referral Links
- Until further notice posts advertising/promoting assets or encouraging people to buy specific assets are not allowed. However, post simply discussing existing assets are allowed
- All posts should be related to Burst or macroeconomic events within the cryptocurrency market.
Breaking these rules will lead to post removal, and drastic or repeated violations will result in a ban. These rules are not final, and may be changed by mods.
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