The Burst Roadmap describes the ideas and direction of the various teams that are currently involved in the development of Burst. The project plan is divided into near-term, mid-term and long-term project objectives.
Wallet Auto-Updater and Multi-Signature Verification
It is important that Burst nodes stay up to date, and that the process of software delivery be safeguarded against malicious actors or centralized authorities. An auto-update feature coupled with a multi-signature signing process helps ensure that Burst nodes remain up-to-date and secure.
New Features for Phoenix Desktop
Phoenix Desktop has more new features planned, including a full node installer, web version, node rotator, customizable dashboards, and several feature enhancements.
Redesign of the burst-coin.org website.
Pushing community articles with paid advertising to reach a larger target audience.
More Bounty Programs
To further encourage adoption, the Burst Marketing Fund (BMF) will open new bounty programs and conduct hackathons.
BTDEX with Burst-Token and cross-chain orderbooks launched
BTDEX is a decentralized exchange system running on the Burst blockchain. It implements a unique non-custodial exchange method for cryptocurrencies and conventional fiat currencies based on BlockTalk Smart Contracts and Burstcoin on-chain encrypted messages. The exchange method is serverless and fees are distributed among Trade Token (TRT) holders.
HardFork at Block 765,000
On 20th of June 2020 a successful HardFork happened on the Burst-Blockchain initiated by the BAT including improvements through CIPs 20, 22, 23, 24 and 25.
The two main goals of this HardFork was to stabilize the Blocktimes around 4 minutes and to boost the smartcontract framework.
Recipients of multi-out payments have now the ability to see those transactions in their wallet just like any other transaction. The CIP-19 was implemented with the BRS 2.4.0. release
This was a Roadmap “Nearterm” goal for 2019.
Celebrating the first ever Burst-NFT Koh-i-Noor
BlockTalk is an extended Burst smart contract framework which aids in the creation and deployment of contracts. New contracts are written in Java with a simple interface for testing and deploying to the Burst blockchain. BlockTalk includes tools and code snippets to assist in the process and helps to manage the minimal fees involved with running the contract on chain.As a result of the extensive development in the last few months, the team introduced non-fungible tokens (NFT) to BURST. These smart contracts have the unique feature of ownership.
Poloniex delisted BURST
BAT nor any member of BMF was informed about the Poloniex decision on the 10th of May. Why Poloniex decided to close the order-book can be only guessed, but the impact was a nearly 50% price drop on this news
Phoenix Burst Wallet released by the BAT members blankey and ohager
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, umbrellacorp03, Zach
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 the HardFork, Burst is now able to perform at least 367,200 and a maximum of 6,912,000 on-chain transactions a day. For comparison, Bitcoin can do a maximum of 604,800 transactions a day.
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 the Proof-of-Capacity protocol.
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.
They have been recognized by the former development team as the designated successors for the Burst Reference Software.
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 â€œBurstcoinâ€?. Their real identity is still unknown today.Â Around AugustÂ the main developer â€œBurstcoinâ€? 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
Burst added to the Bittrex exchange
Burst/BTC market added to the Poloniex exchange
Burst/BTC market added to the C-CEX exchange
First pool available
Generation of the Genesis block
Birthday of Burst
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 was officially introduced with the goal of solving other cryptocurrencies’ biggest problems : lack of decentralization, waste of energy, unfair releases, supremacy of big miners and corporations.
It is the first and only cryptocurrency secured by the Proof-of-Capacity algorithm.