Weekly Burst Report #61

Published in

The Burstcoinist

3 min readNov 26, 2018

The Weekly Burst Report is a report published every Sunday meant to centralize and outline the important Burst information of the week.

Weekly key data

PoCC development statistics (public repositories)

– Files modified: 921 ↑
— New insertions (+): 458,748 ↑
— New deletions (-): 387 ↑

Note: this solely indicates the GitHub activity on already released projects. It doesn’t reflect the work the PoCC puts into its private repositories.

Blockchain metrics

– Blockchain transaction volume: 25,122 / +113.0% ↑
— Total wallets: 153,631 / +0.1% ↑
— Burst held in Poloniex & Bittrex: 51.3% / -1.4% ↓

Network metrics

– Estimated Network Size (weekly average): 203 PB / -15.1% ↓
— Public Nodes: 442 / -7.7% ↓

Trading metrics

– High / Low: $0.007 / $0.005 USD ↓
— Trade volume / change: $372,360 / -61.0% ↓
— Market Capitalisation/ change: $10,268,557 / -22.7% ↓

Metrics by @Koru

Development

Last week, the PoC Consortium released the BRS 2.2.5 version of the core wallet, which helped successfuly mitigating a spam attack. PoCC developer rico666 reveals: “the latest spam attack which was mitigated by the 50–50 pool forging fat blocks and the release of BRS 2.2.5 stipulated development of BRS 2.2.6 which is to be released in December and specifically addresses inter-wallet communication.” In the meantime, everyone please update to 2.2.5 to keep the network as strong as possible.
Reddit user u/harryy1453 even made it easier for you to upgrade by introducing a “handy little repo that contains packages for the Burstcoin Wallet for Debian and its derivatives.”
You can probably expect a more detailed writeup explaining what happened with last week’s spam attack soon.
The Poloniex Burst wallet was momentarily disabled but everything is now back to normal.

PoC Consortium developer JohnnyFFM hinted at a new release of the reference plotting software Engraver. And it’s fast… Very fast! See this Reddit thread for some never-seen-before nonce generation speed. Beta is already available for testers.
Do you remember the PoCCBot we talked about last week? Well, work is still ongoing. What is now a “simple” tip bot might become much more than that in the (near?) future.
Friendly reminder: the November announcement is coming next week.

Websites

The peer-to-peer community-developed Burst exchange localburstcoins.com is online. Follow the localburstcoins Twitter and Facebook page!

Other

Challenge yourself! Prove you are expert on Burst.
Installing/compiling Scavenger1.6.4 from scratch on a fresh Debian9 install — a Linux novice story and walkthrough by u/sphinxicus.
Reddit user u/slimknees knows what’s good:

Conclusion

If you had to remember only one thing from this week’s report, what would it be? Yes — update your wallets! And don’t get discouraged by the bear market: “Development was never stronger — and I mean that in absolute numbers (man-hours).” — rico666. Indeed, a lot is going on behind the scenes on many different projects. Next week should be quite interesting for sure.

Thank you and see you next week.

Tom Créance (@Gadrah)

Disclaimer: The Burstcoinist does not endorse and does not take responsibility for any project mentioned in a Weekly Burst Report. All content is for informational purpose only.

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Originally published at The Burstcoinist.