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Burst (BURST)

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Burstcoin (also called Burst) is a digital cryptocurrency and payment system based on the blockchain technology. Burstcoin was introduced on the bitcointalk.org forum on 10 August 2014 as an Nxt-based currency. Burstcoins are mined using an algorithm called proof-of-capacity (PoC) in which miners use computer storage instead of the more common energy-expensive method proof-of-work (PoW) which involves permanent computational operations.


Burst (BURST) Pros | 17

The energy requirement for Burstcoin mining is minimal compared to most other cryptocurrencies, making Burstcoin one of the most energy efficient within the field of proof-based cryptocurrencies.

Agree | 80
Disagree | 1
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Dymaxion, technologically more advanced than most coins.

Agree | 71
Disagree | 2
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Tangle being added in Dymaxion

Agree | 65
Disagree | 2
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A more recent innovation by Burstcoin is the Atomic cross-chain transactions (ACCT), this allows for full decentralized trading between two cryptocurrencies without the need for any third-party.

Agree | 64
Disagree | 2
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The Nxt blockchain platform allows for development flexibility, ensuring developers freedom to create their own applications.

Agree | 54
Disagree | 0
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Burst (BURST) Cons | 10

Participants with disk space measured in gigabytes are no longer likely to receive significant payback from mining.

Agree | 39
Disagree | 13
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not enough widespread

Agree | 10
Disagree | 0
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Requires 1 Burst to generate a public key, can be cumbersome to acquire

Agree | 13
Disagree | 11
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Devs are jerks

Agree | 0
Disagree | 6
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burstnation.com

Agree | 9
Disagree | 11
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