A cryptocurrency that uses the unique algorithm called Proof of Capacity (POC), which utilizes your unused hard disk drive space instead of your processor or graphics card to mine BURST. Miners pre-generate chunks of data known as 'plots' which are then saved to disk.
The number of plots you store is effectively your mining speed. Every block the miner will skim through the saved plots, and come up with an amount of time until it is able to mine a block if another block hasn't yet been found.
You only need to generate plots once with your computers' processor (CPU) or graphic card (GPU), making it hardware and energy friendly.
Taking NXT's great PoS code, and turning it into PoC. PoC takles the problem of unfair distribution, enables blockchain trimming, and allows anyone to mine without massive power bills or any special equipment
Burst is the first cryptocurrency with Smart Contracts. We call our version Automated Transactions
An example automated transaction, a lottery, has been launched. This is the first 100% decentralised lottery ever, with all prize money going to the winner, no fees!!!
Crowd fund your project in a decentralised manner, without kickstarter or their fees.
Shared wallet, locks funds unless multiple accounts sign a transaction
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