Salt of the Earth, the pioneer of Proof of Capacity Today, on May 10, 2020, version 2.5.0 of the Burst Reference Software (BRS) for the Burstcoin blockchain was released. Active nodes running the new version will automatically participate in a hard fork of the Burst blockchain around the June 20, 2020, at blockheight […]
Burstcoin is the pioneer of the “Proof of Capacity” consensus algorithm, a green alternative to Proof of Work. First developed in 2014, Burst has been at the forefront of blockchain technology with the first implementation of smart contracts. Since 2019, the Burst Apps Team has been preparing the Burst blockchain for the next decade. […]
Today, the core development team of the Burstcoin blockchain platform has released the cross-platform Wallet “Phoenix” version 1.0.0, from its one-year beta phase. Two years ago, two developers “blankey1337” (USA) and “ohager” (Brazil) started to develop a new wallet for Burstcoin, aiming for improvements in security, usability and maintainability. The desire for a wallet […]
*This article was published on Medium 19th January** Introduction Proof of Capacity (PoC) is a sound and fair consensus algorithm, field tested for more than 5 years now in the Burstcoin network. Sound because it can use off-the-shelf equipment and is energy efficient. Fair because it has a very low entry barrier and shows […]