Bonus Payout for reaching 100 Miners will be splittet in 20 transfers of 5000 Burst
1. 5000 Burst payed: http://burstcoin.eu/transaction/13830737379768803328

Note it doesn't nessecarily have to be one word.. could be POHD.. proof of hard drive.  Or Proof of drive capacity or something.  Just something to think about.

I suspect Burst reflects the Bursts of energy when you are reading from the hard drive?  What kind of name would you go with?

Not convinced we need one,  I like Burst.  Btw, if you do find one you really, really like.. grab the domain names and hold on to them.  If you can get them cheap before someone squats on it,  I'm sure we could pay you back if we go with that name.

Look at Google and yahoo  and Microsoft,  etc, how many companies have a name that really represents them?

@bitladen keep in mind the largest account of Burst exactly matches percentage wise Satoshi's holding of total coin supply.

-[ANN]- A simplified way to create a new BURST account for beginners!


I wanted to do this since we have an official web wallet now... So people can get into BURST easily...


Follow the following steps to create a new BURST account!


1. Go to the official online wallet here... https://wallet.burst.city:8125

2. Click 'returning user'

3. Make up a long password, and type it out in a TXT doc, don't LOSE it!

4. Paste the password into the returning user login area.

5. You now have a BURST ID, and pubkey! Copy them both, and save them somewhere. This is your BURST wallet!

6. Go to a faucet, and/or message me, and I'll start you off with some coins.

7. Once you get the coins, send one coin to a random BURST address. Feel free to use mine, or the burst.ninja bonus payout addy @ BURST-NJNA-VMCX-2WTH-AJLQX

8. Your BURST wallet is now officially yours forever, all you have to do now is NOT LOSE YOUR PASSWORD.


Enjoy being part of the most technically advanced crypto coin to ever exist! Thank you!

Ok, I think I wanna invest a bit in Burst... Can someone tell me in a paragraph or two, what burst has already accomplished, whats being done now and what the future looks like..

Thanks guys.

Don't listen to bitladen.. he's been trying to convince people that the Burst clone he's going to make will be better and scare people into dumping Burst

Actually maybe you should listen to bitladen and take those Burst off of him.

Short version:
Proof of Capacity is really nice because it's energy efficient (uses only 25% more energy than POS.. basically nothing but 30 times less energy than POW).

It is also ASIC resistant which means it'll be easier to acquire new coin holders over time as it should be profitable for every day people to mine and similar to a bucket, once they've invested a little bit, they are likely to buy more and use it.  It's also naturally more decentralized due to this ASIC resistance.

Also, Proof of Stake has some issues with it, there are no viable blockchain trimming algorithms at the moment.  Also you can not trustlessly point to a chain and prove it's correct because there are no difficult to create Proofs that let you trace it back to the genesis block.  And there are problems with the fact that everything relies on miners keeping their keys secret.


Long version (though this is a rewritten version of the paper and much shorter and to the point than the last version for other people!):
https://docs.google.com/document/d/1cLFDFqMP0hhD-5kngKCTZfXM6a24yDfhAbwdgL3BAsQ/edit?usp=sharing



Additionally, Burst has Automated transactions working, which are also known as smart contracts. First coin to get true smart contracts running, and they've been running for 4 or 5 months now.  Burst also has an asset exchange as well as a decentralized marketplace and messaging and all sorts of other goodies.  We've also got a few other features such as built in escrow, and subscription payments.

And there are some big plans for blockchain trimming and instant transactions and multi-sig and all sorts of stuff to come.  The core team of people working hard on this has grown to about 7 to 10 people.. then some others who are contributing to a lesser extent, because let's face it, everyone is busy with life.

By far the most undervalued coin out there.. but we're hoping to start marketing ourselves pretty heavily soon which should bring in more people.. we've barely marketed ourselves yet plus the initial heavy inflation has kept prices low.  Great time to get in, in my opinion.

Professor of crypto has arrived again

seems like something has moved (up) in the crypto landscape, could be because we got NSDAQ official index being traded in 1000+ Bloomberg terminals across the world

Professor of crypto says this is a very good sign, he also says (speaking as if the third party) "street" will get to know "geeks world" which is BURST to some degree, very few outside of bitcointalk understand this world, eventually it will make into the "street" and people will start asking question

"what is the difference between BURST and BTC" on much larger scale than Today.. so by that time BURST block reward will be less , but then cloud services will come to the rescue although at much higher price tags than let say buying few USB WD Tera drives as we have them Today

Professor of crypto says that even if a BURST clone is made who has the energy to keep it up

and example is cryptonight clones.. maaany were produced most are sitting idle nothing is happening, while Monero (which I don't have actually, just an example) took off

Professor of crypto says that there is not real recipe for success other than being persistent

Hi all, today i release a  GUI front-end for dcct tools (with mdcct support too) for Linux systems like Ubuntu 14.04. It's a script  made with bash and Zenity, compiled with shc tools to make it like a binary file. It have AVX2 and SSE4 support.

Easy How-to

• Download dcct + gui frontend from here.
  
• Uncompress it.
• Double click on "dcct-gui" to start it.

Features

• Simple front end & very lighweight .
• Only one dependency: Zenity (Already installed in Ubuntu)
• Bash binary script (you don't need to run a console for execute it))
• Choose a DCCT tool from the list, and follow the windows to run it.
• Plot Burst files without console skills. Plot supports SSE4 and AVX2 by Mirkic7.
• Mine Burst without console, just select "Mine Burst", write the pool IP and select the plot directories, them Whoala, dcct miner will run.
• Optimize plots with only selecting the plot file.

Source code + info to compile it

https://github.com/kartojal/dcct-gui


If you find this useful, you can donate me a bit of BURST:

BURST-WYC4-HHV3-UHA2-CVF6S

Ignore the spanish text, it's because my Ubuntu is set in spanish. If you find any bugs, or need help, post it in this burstforum thread !  

we should promote burst forum as a back up if this forum is down