PoCC left Burst On the 3rd of Janaury the PoC Consortium stepped back from his role as main development team and made room for the newly formed and community driven BAT development team and the Marketing-Group BMF. The resigned PoCC members at this time were : ac0v, bold, Brabantian, cgb, Gadrah, JohnnyFFM, rico666, Taliesin Tapiwa, [...]
HardFork at Block 500,000 On 11th of June 2018 a successful HardFork happened on the Burst-Blockchain initiated by the PoC-Consortium. Before the hardfork a block was able to support 255 transactions per block (44,880 bytes) After the hard fork, each block was adjusted to 1020 * 176 bytes (for a total of 179,520 bytes). With [...]
Dymaxion On December 27th 2017, the PoC Consortium developers released a new white paper titled The Burst Dymaxion. It describes the implementation of a tangle-based lightning network allowing for arbitrary scalability and anonymous transactions. The Dymaxion operates with payment channels opened using the directed acyclic graph (DAG) technology on top of the Burst blockchain functionning with [...]
Spam attack On July 22nd 2017 an attacker spammed the Burst network with messages, causing wallets to crash and splitting the network into multiple forks. The network remained unstable for several days. On August 11th 2017, in the aftermath of the spam attack, a new development team called the PoC Consortium introduced itself on Bitcointalk.org. [...]
Community took over Being an open source project, other members of community then took over the development of Burstcoin. Oon January 11th 2016, a new forum thread was created on Bitcointalk.org by a senior community member.
Original Developer disappeared Burstcoin was released to the public on 10 August 2014 on bitcointalk.org by the original developer who is known under the alias “Burstcoin”. Their real identity is still unknown today. Around August the main developer “Burstcoin” disappeared without any explanation.
Burstcoin makes history Initiated the first Atomic Swap, together with Qora, pioneering the basic concept of a decentralized exchange: https://www.ccn.com/qora-burst-now-able-make-cross-chain-transactions