For any of you unfamiliar with this coin - BURST is the only cryptocurrency based on PoC (proof of capacity) which instead of power hungry GPUs or ASICs for PoW uses HDD disk space for its consensus algorithm. Conceptually it's one of the most advanced cryptocurrencies which implemented smart contracts way back in 2014! See this wiki page form more info about BURSTs features.
Despite a good start the coin began to suffer some major drawbacks in the last years. Original developers stopped coding, the community split with one part called BurstNation run by a really shady character, DDoS attacks occur regulary on community websites and the blockchain it self.
The future looked bleak but today we got this announcement on bitcointalk.org:
We - the PoC Consortium - are a group of highly skilled and well funded individuals. Investors, executives, entrepreneurs, developers, admins, designers and college students. We came to lead BURST to its rightful place among other cryptocurrencies and we believe that place is nowhere else than upwards of where BURST is today and upwards of where it will be tomorrow.
read more here
Their github repository seems quite active compared to the upstream repo. I hope this is legit and BURST development will kickoff again. This would be great news for all the coins users and the miners which invested in petabytes of storage and have no PoC alternative.
brilliant post mate. at least your not listening to the neo nazi scammer adam guerbeuz aka cryptoaddict5 aka mikethemug :')
his last profile was downvoted to oblivion when people found him. wont take long before the same happens again.
resteemed
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This is great news. I really like Burst a lot, it's just been a joke for awhile now though. Hopefully they can pick things up and make this a viable coin. There's a lot of toxicity in the community and some horrible characters, but also a lot of really good people that would love to help make this coin succeed.
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Lexicon please come back ! We need you to continue to develop Burst. You are one of rare trustable person around Burst and i don't want these idiots from Burstnation get what they want. You did a good job until now and Burst would'nt be what it is if you didn't join the team.
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Thanks for revenge down voting my totally unrelated post: https://steemit.com/technology/@walczakit/cheep-batteries-that-could-power-an-entire-city
Just shows how full of bs you are...
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Bienvenido a Steemit! Este Post puede tener muchos upvotes con la ayuda del King: @dineroconopcion, El cual es un Grupo de Soporte mantenido por @wilbertphysique, @yoenelmundo y 5 personas mas que quieren ayudarte a llegar hacer un Top Autor En Steemit sin tener que invertir en Steem Power.Te Gustaria Ser Parte De Este Projecto?
Welcome to Steemit! This Post can have many upvote's with the help of the King's Account: @dineroconopcion, It's a Support Group run by @wilbertphysique, @yoenelmundo, and 5 other people that want to help you be a Top Steemit Author without having to invest into Steem Power. Would You Like To Be Part of this Project?
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Many people told me to get rid of my BURST because it's going to be dead soon but I sold only 50% of them. I wanted and still want to believe that BURST can make a difference and will rise again ! I switched from mining BURST to Storj, because I couldn't get the BURST mining working.. I might start mining BURST again, if someone helps me with that, I'm not tech savvy :(
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hope burst can dust itself off
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the answer to this question we asked a month ago is: YES :)
https://steemit.com/burstcoin/@walczakit/rebirth-of-burstcoin-despite-the-big-dip-in-crypto-markets
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So in retrospect, we hope you like what the last 1+ month has brought to BURST. And we just started. Even our brand new mobile wallet (public beta test: https://play.google.com/apps/testing/org.icewave.burstcoinwallet) is just the beginning. "To the moon" is a way too long phrase. We prefer "Ad astra" ;-)
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