Weekly Burst Report #62

Published in

The Burstcoinist

5 min readDec 3, 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: 346 ↓
— New insertions (+): 58,263 ↓
— New deletions (-): 1,706 ↑

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: 10,920 / -56.5% ↓
— Total wallets: 154,057 / +0.1% ↑
— Burst held in Poloniex & Bittrex: 51.1% / -0.5% ↓

Network metrics

– Estimated Network Size (weekly average): 225 PB / +10.9% ↑
— Public Nodes: 456 / +3.2% ↑

Trading metrics

– High / Low: $0.007 / $0.004 USD ↓
— Trade volume / change: $668,142 / +79.4% ↑
— Market Capitalisation/ change: $13,015,748 / +26.88% ↑

Metrics by @Koru

Development

This week we had one of the biggest announcements of the last few months: the reveal of Aspera. Aspera is the next-generation Burst wallet. It is a complete re-implementation of the BRS in the Go language. It is new technologies, new algorithms, new concepts and in some cases even new paradigms. In short, Aspera is the newest of the newest the entire crypto space has to offer. It is state-of-the-art 2018 and it remains Burst. Because “what we understood in the past year was that ‘scaling a coin’ is much more than just give it higher tps. A decentral cryptocurrency with global aspirations has to scale along many more dimensions.”
No more worrying about the database, Blockchain syncing of 8000 blocks per second on current tests, more speed everywhere, and a brand new front-end are just a few examples of the countless improvements that Aspera will bring.
The Aspera repository can be found at https://github.com/PoC-Consortium/Aspera. Please be aware that it is currently intended for evaluation and development purposes only.
Are you talented in front-end web development? Would you like to sharpen your skills, help make history, and earn some BURST while you’re at it? Join the Aspera UI Bounty Program. You can track the wallet UI development progress here.
We highly recommend everyone to read the Aspera announcement to better understand the direction the PoC Consortium is taking development.
In addition to Aspera, the PoC Consortium will release Easy2Burst, a Qbundle successor for Windows, macOS and Linux with a 1-click-to-setup philosophy, using electron with the newest web technologies. Things must get simpler, more reliable, more widely available. Easy2Burst will make the way to Burst easy.
The PoC Consortium released the version 2.2.0 of Engraver, the Burstcoin reference cross-platform plotting software. New features include: OpenCL GPU support, MultiGPU support / Mixed CPU/GPU support, Benchmark mode, and a GUI (windows only). JohnnyFFM used his magic once again to bring the craziest nonce generation speed ever seen in any plotting software. Read more about the release here, and download Engraver on GitHub.
PoC Consortium developer JohnnyFFM announced a new CIP (Capability Improvement Proposal): PoC2.X16 — A new optimized plot file format. He explains in the proposal: “This CIP is about a new plot file format further optimising the current plot file format (PoC2) for data parallelism. It is important to understand that this format is optional. There is no need to convert existing files. PoC2.X16 can co-exist with PoC2. It’s a format for enthusiasts and will perform better than PoC2, i.e. plotting and mining will be faster. It doesn’t require a fork and is only affecting plotting and mining software. PoC2 can be converted to PoC2.X16 and vice versa.” Mining enthusiasts will enjoy very much reading the whole CIP!
Another CIP has been proposed by community member FrankTheTank: RWFDS-enabled FEE_QUANT introspection and adjustment. Join the discussion here.

Websites

A brand new Burstcoin Exchange with BURST pairs only will be online around december 2018: BurstEx. Check the full announcement here. This project is a part of the LocalBurstCoins.com initiative. Follow @localburstcoins and @BurstEx on Twitter!
Burst is now listed on Are We Decentralized Yet?
The Burst pool Burstneon went through a major update.

Marketing Fund

If you want to join a community driven effort to collect marketing funds for BURST this is your chance.

Burst community members created a BMF50 (Burst Marketing Fund) pool. The pool charges 50% marketing fee from mined revenue and is accessible at https://bmf50pool.burstcoin.ro/ You can switch your miner to this pool like with any other BURST mining pool (by changing the reward recipient.) The reward recipient for this pool is BURST-S8Z2-TQ7W-ECVP-FM4FP.

The funds are collected to BURST-TSLQ-QLR9–6HRD-HCY22. This account is also open for any donation supporting BURST marketing actions. You can easily reach this account using alias BMF50 or BMF100 or BurstMarketingFunds.

The pool already started winning blocks! There are 9 miners with a cumulated capacity of 1086.235 TB at the time of this article. There is a contest going on until December 7th: Join the BMF50 pool and win 500 BURST!

Full announcement and more information on how the funds will be spent here.

Keep in mind this is not a PoCC project. It is a community initiative, led by longstanding community members FrankTheTank and Shadow (burstcoin.ro pool owner).

Other

Several videos made to simplify the process of learning about Burst for newcomers are being recorded by Burst community champion Daniel Jones (@Nixops). If you are an editor and you want to help out, feel free to contact Daniel. And if you have good content ideas, please post them on the dedicated thread.
Speaking of Daniel and videos, here is the replay of the Burstcoin Class that happened this week at ActionSpot.
Beware of phishing attempts! An encrypted message impersonating the PoCC has been sent to many wallets. Obviously, the URL has nothing to do with any PoCC operation. Please never click on URLs unless you are 100% sure you can trust the sender.
Reddit user u/Chillson22 proposes a Twitter ads campaign for Burst.
Mecha BURST! Burst community member @SKIPPER is designing Burst-inspired avatars. He accepts Burstcoin for custom graphics. See his work on his blog here.
Burstcoin: A Diamond In The Rough That Will Prosper Long Term — an article by Genesis Block News.
#100Burstfacts is still going on Twitter. There is too much to say for this contest!

Conclusion

It goes without saying that this week has been a major one. The reveal of Aspera was very well received by the community, and it is particularly encouraging to see the overwhelming community support towards the PoCC decisions. The community is also taking more initiatives (BMF, BurstEx, videos, etc.) and all that work will pay sooner or later.

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.

Want your Burst-related project to appear in the Weekly Burst Report? Contact me and I can mention it in the next episode.

Originally published at The Burstcoinist.