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RE: The Death of Burst Coin

in #cryptocurrency7 years ago

Of course you can differ but let me explain what your points lack.

  1. Burst coin is a proof of capacity, wasted bytes filled with trash data that is nothing more than a set of hashes to prove it's you. SiaCoin and Storj both store user data and reassemble it creating a true decentralized storage/cloud system.
  2. Burst does move, but it's controlled by a select set of individuals, the entire buy book on polo is sub 50BTC. Compare that to the buy book of Sia for example, 420BTC, more than Burst has EVER had.
  3. Burst is the easiest to generte coins on, you are correct. The AIO wallet @lexicons version makes it very easy to get up and running in a couple of clicks. The others require time for contracts to build.
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Time will tell ;)

Siacoin is more wasteful given it mines via PoW