RE: The Death of Burst Coin

[iceburst]

BTC was the original and there will never be a replacement. HDD mining was a new concept, it's evolved in other coins like Storj and SiaCoin. Burst has not evolved or even kept up to date on the code base. It's wasn't until about 90 days ago there was even a team put into place to look at the issues that have been festering for two years. It's like a wounds with a band-aid that is far to small to stop the bleeding.

Comments

[tradz]

I beg the differ! I was first drawn into Storj. I seen and invested into Siacoin(SC) but 3URST waS and IS the dominant 0ver HDD-C0ins! 3urst was and is the most creative and is the one making the most moves???
3urst is the easiest to deal with in regards to generating money.
When this is all said in done(past history), you will be back on 3urst no doubt!

[iceburst]

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.

[tradz]

Time will tell ;)

[hueso]

Siacoin is more wasteful given it mines via PoW