Author

Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 264. (Read 2170648 times)

sr. member
Activity: 462
Merit: 250

There is a 20+ man strong PR team. I have not found a single item from them on my own, only what they posted here. That shows clearly that it failed.
I did however found from Boba in Germany a lots of information, which came back to me via my friends living there. He seems the only one really DOING something to promote Burst. - Thanks Boba!


This is my last post in this thread. I agree with Elmit's first part of the cited post. The PR Team has evidently failed to promote BURST in a proper way. However, that doesn't mean we haven't worked hard, did our best and put in the hours required. That we have done (more than Boba who joined rather later but who done a great job).


So why have we failed...? I think there are a numbers of reason that I'll bring up. It might not be the truth, it certainly isn't complete, but perhaps will this post start a constructive discussion of what have gone wrong, the strengths BURST indeed has and all the things achieved, so you as a collective will to find the correct way forward. And, yes, I'm pretentious.  Wink Some of the reason according to me:


he wrong
1) Bad leadership in the PR Team, mainly due to we (I) aimed way too high with bad time schedule. Too many projects were started at about the same time, with many new people joining the group. I realize that I'm highly responsible for this failure, as I for for awhile had some kind of a "leader role" regarding the PR work.


2) Lack of funding. I used to be against all forms of pre-mining and IPO/ICOs. The fact that BURST was "clean" in this respect was one important reason that I got involved in the first place. Today I think differently, although not completely the opposite. To develop a coin technically and at the same time be able to do decent promotional work does, simply, require some sort of funding. The PR team has asked for donations and ran an AT to get the means for improving our PR efforts; however positive it is in one aspect, a sad and troublesome fact is that we now have more than 20,000 registered BURST accounts while only a handful from the community have contributed in a substantial way to the funding (and ironically, the main contributers are found in the PR team).

I fully understand that not everyone can donate 1mil or 500K, but small sums like 500 or 1K BURST from like 18,000 community members is not unreasonable to ask from a miner to further develop this great project. The Team clearly haven't been able to explain the importance of funding and what "micro-payments" can achieve. To spread a single press release in a proper and efficient way costs several hundreds dollars. Hence, the Team, and I had an important role in this, have failed also here.


3) Lack of community involvement. Early on the BURST community was awesome, doing all kind of things, like creating tools and improving the infrastructure of the coin. It was an exiting time.  Smiley But things changed. Less people contributed "voluntarily" to protect their BURST investments, probably thinking someone else would do it or they just selling those "free HDD coins".

It is of utterly importance that a wider part of the community gets active to be able move BURST in the desired direction.

Fortunately enough, a lot of the things that are required is mostly easy things, like building an attractive FB page, contribute with possible topics to tweet about, arrange a thunderclap, do fun stuff to get attention, working on an new and improved OP, or using your social network to try to get more devs on-board. Sure, the PR Team today is relatively large but the members are recruited for their special skills and work on quite restricted projects. BURST is nothing without the community helping each other out instead of have seemingly endless personal vendettas.


4) This very thread. A new, self-moderated thread to keep all the trash should have been created
a long time ago - with an state-of-the-art OP, easy to update. We have discussed that possibility, but not all agreed and the idea was not prioritized. But, imho, this is a key issue. 1050 pages, an outdated OP and a unfinished homepage will not attract investors. The PR Team might be the reason this never was implemented, but more importantly nothing will stop the wider community from contribute to such a cause.


5) Greed. I'll not comment much on this, as it's related to point 2) above but it's not only the everyday 2TB miner who seeks to make a buck or two who is the problem. Also some members of the PR Team have their own agendas to earn BURST in ways that does not involve trading, mining, or utilizing the developed features we have. Unfortunately the hardworking Boba is an example of this, spamming page after page with info of a pool. Stuff like that should be put in a separate thread; BCT even has a forum for pool ANNs. I'm far from a communist/socialist: I think, as the movie speech states, that greed is good. Without greed the world would stop - but the implication of greed short term must be put in relation ti the the overarching objective of making the massive potential in the BURST concept a reality. That's a just a different form of greed.



So... the PR Team failed with many things, more than are mentioned here.

But BURST does *not* consists of 15-20 people; BURST is nothing without the many thousands account holders. With a little activity from all of you, BURST could be so much more. The community members who wont see community work as an investment equal to mining also failed; more then 19,000 account holders who didn't help the core-devs, the software programmers and the PR team. Almost all of us failed.


With all this said, I still believe
immensely in BURST. We have one of the most brilliant main-devs around, we have unique features already developed and in the pipeline, we have a shit-load of skilled people who does things without much attention, and we were even able to get geniuses as vbcs and the CIYAM developers involved.

But we need to realize that BURST requires more than pure technology. BURST could very well end up like betamax in the beta/vhs war, where betamax clearly were the superior technology but failed to enroll the key actors and lost.



Lastly,circumstances will prohibit me from contribute in any significant way in the future as it has for the past month. But I wont sell a single BURST; I will donate all I've to the hard-working core dev-team along with some btc and two cloud mining operation which constantly (so far...) produce btc to support the development of BURST. I never reached my goal of owning 10% of the outstanding shares, but I'm pretty close. My hope is that this funding will be sort of a new start for BURST. How the money will be spent is up to the core members of the dev-team which I have great trust in and who became true friends the last 8 or so months. However, and very important, my actions doesn't mean that BURST is saved - far from it.

BURST needs you. Your time, a bit of you money, your social network, your creativity. You can even do a simple thing as register an account at bit-x.com with the referral link in my sig, as that will increase the btc mining power and give the devs - and yourself - an opportunity to create one of the greatest coins ever. BURST needs your efforts.

At the moment I'm organizing the transfer of funds I've. As I had control over the BTC donation account, mczarnek, crowe or xizmax will publish a new address for btc donation shortly and update the homepage.


Bye.
hero member
Activity: 785
Merit: 500
BURST got Smart Contracts (AT)
What is with the Bananapi project?
In my opinion if you do not have a lots of hard disk space to mine, a normal Raspberry PI 2 with USB 2.0 would be sufficient!
Even you use multiple Raspberry with each one 15 TB would be a cheap solution.
hero member
Activity: 785
Merit: 500
BURST got Smart Contracts (AT)
There's a 2.8M BURST bounty for a coin mixer in burst. Out of which 1M is my contribution.
I figure it would take at least 10M to be of interest to a coder, maybe you guys wanna add to this bounty, instead of holding on to the coin forever

do you mean some sort of AT which you create and it distributes the coins to at creation time defined accounts to hide traces?

from design perspective this sounds really interesting but i think  a major design flaw for any concept may become that there always will be an endpoint which receives the funds.
since everything has to be visible to the blockchain i assume we need more certain features in the burst core to enable this in a really anonymous way.

i think of some sort of integrated asset within burst which someone who wants to mix can buy.
as soon as you buy this "asset" you receive a encrypted message from the "blockchain" with a key you enter offchain into the "fresh" wallet you want to mix with.
since every wallet would be able to generate such tokens i am not sure wether this is a good idea (the key may get compromised by grabbing it from the jre memory).
if this can be protected securely this design leaves no traces caused by transactions which relate to your account (maybe except corresponding timestamps - you bought 5 mixes and 2 blocks later someone enters 5 keys).
with trusted offchain services such approach is not too complex to realize but we all want this on chain  Cool

currently the best way to "mix" coins is to pool mine a few burst and to issue an asset which several accounts buy and/or transfer.
but as said before every transaction is visible to the blockchain.

i currently extend my mysql backend to trace all miner exchange transfers and can say it is really intersting to see how people deposit and withdraw to exchanges  Tongue

miner: BURST-XXXX-XXXX-XXXX-XXXX exchanged: -4262006 blocks: XXX fees: 13900 rewards: 4514522 lastblock: 103XXX polo_sell: 980937.0000 trex_sell: 10.0000 ccex_sell: 3281059.0000 polo_buy:  trex_buy:  ccex_buy:

Nice program, ... we can use to verify that the mixer works, lol!

The "design flaw" appears only if you stay in one dimension (BURST), but if you use multiple currencies, time differences, multiple output addresses/currencies and a LOTS of users, you would not find a thing anymore. In addition you could add arbitrage trading within the mixer and you have really no chance anymore to find something out
newbie
Activity: 9
Merit: 0
Hi all. I have been burst mining for a few weeks now with a few TB of HDD space. I have a Samsung Chromebook that I have crouton installed on to run a full Linux desktop on it. I am curious if there is a Linux Burst miner that can be compiled on the ARM architecture. I would like to mine on the Chromebook so that my laptop will be portable again. Thanks in advance.
sr. member
Activity: 462
Merit: 250
There's a 2.8M BURST bounty for a coin mixer in burst. Out of which 1M is my contribution.
I figure it would take at least 10M to be of interest to a coder, maybe you guys wanna add to this bounty, instead of holding on to the coin forever

vbcs said he will do that:

I will start working on mixer AT which will provide a "layer of anonymity" after the ACCT takes place between BURST and QORA.
Qora with AT inside will be enabled at block 99000, which will be probably in 2-4 days. 

sr. member
Activity: 256
Merit: 250
There's a 2.8M BURST bounty for a coin mixer in burst. Out of which 1M is my contribution.
I figure it would take at least 10M to be of interest to a coder, maybe you guys wanna add to this bounty, instead of holding on to the coin forever

do you mean some sort of AT which you create and it distributes the coins to at creation time defined accounts to hide traces?

from design perspective this sounds really interesting but i think  a major design flaw for any concept may become that there always will be an endpoint which receives the funds.
since everything has to be visible to the blockchain i assume we need more certain features in the burst core to enable this in a really anonymous way.

i think of some sort of integrated asset within burst which someone who wants to mix can buy.
as soon as you buy this "asset" you receive a encrypted message from the "blockchain" with a key you enter offchain into the "fresh" wallet you want to mix with.
since every wallet would be able to generate such tokens i am not sure wether this is a good idea (the key may get compromised by grabbing it from the jre memory).
if this can be protected securely this design leaves no traces caused by transactions which relate to your account (maybe except corresponding timestamps - you bought 5 mixes and 2 blocks later someone enters 5 keys).
with trusted offchain services such approach is not too complex to realize but we all want this on chain  Cool

currently the best way to "mix" coins is to pool mine a few burst and to issue an asset which several accounts buy and/or transfer.
but as said before every transaction is visible to the blockchain.

i currently extend my mysql backend to trace all miner exchange transfers and can say it is really intersting to see how people deposit and withdraw to exchanges  Tongue

miner: BURST-XXXX-XXXX-XXXX-XXXX exchanged: -4262006 blocks: XXX fees: 13900 rewards: 4514522 lastblock: 103XXX polo_sell: 980937.0000 trex_sell: 10.0000 ccex_sell: 3281059.0000 polo_buy:  trex_buy:  ccex_buy:
hero member
Activity: 785
Merit: 500
BURST got Smart Contracts (AT)
There's a 2.8M BURST bounty for a coin mixer in burst. Out of which 1M is my contribution.
I figure it would take at least 10M to be of interest to a coder, maybe you guys wanna add to this bounty, instead of holding on to the coin forever

Organize or program it by yourself with support of AT Crowdfunding.
Crowdfunding is a nice feature, unfortunately still not in the wallet implemented. You need to add this feature by yourself.

The benefit of AT Crowdfunding is, that if you do NOT reach the goal (10 mil), then all Bursts will be returned. 2.8 million was pledged in a few minutes. I am sure that 10 million would take not longer than 2 weeks to achieve.
hero member
Activity: 527
Merit: 503
Hi, some time ago i was interested in Burst, but i figured HDDs are pricy and one would have to buy a lot to get something out of it. Why did they remove PoS?
I was just wondering about that too.

This might explain:
https://docs.google.com/document/d/1cLFDFqMP0hhD-5kngKCTZfXM6a24yDfhAbwdgL3BAsQ/edit?usp=sharing

I think that is one of our problems.. people don't immediately understand why POC beats POS.

But long story short POC has a lot of advantages over POS.. still almost as energy efficient but fixes some security issues and helps get new people on board via mining giving them "Free" coins, as opposed to POS or POW where you have to spend money to get more than a measly 1 or 2 cents worth of coin that you'll get out of a faucet.  And in reply to AngelLox, per dollar spent on mining equipment, you can still do much better mining Burst that POW.  And likely always will be able to.
hero member
Activity: 785
Merit: 500
BURST got Smart Contracts (AT)
Hi, some time ago i was interested in Burst, but i figured HDDs are pricy and one would have to buy a lot to get something out of it. Why did they remove PoS?
I was just wondering about that too.

On Burstforum was a thread about using BlueRay disk packages (10 in a cassette) with a jukebox like selector. Never heard about that project again.
Is a good idea!
hero member
Activity: 785
Merit: 500
BURST got Smart Contracts (AT)

Yes, he just walked away with asset money without a warning and now, who bought his asset, can't sell it and will not be paid anymore since there are no fees from pools...not a nice move

Other assets did the same, ... changed name, ceased payouts, cannot be sold anymore!

All this kinda make me wonder if its better to sell out all my assets. Uray have invest so many in BURST and gone like this. Same can happens to any one from assets owner i have invested.

Yup, as soon as the market started bombing...

And for the love of god I STILL can't find as many blocks mining solo as I can while mining on a pool. There is definitely something broken when I host a wallet and based on what I heard about nix and about windows, it could be because I'm on Windows. I noticed this in the first two weeks I was mining this coin and people said I'm crazy, four months later and it's still happening.

The whole sillyness with the Blago miner being quite inferior to the DCCT miner which is nix only compounds things too. Blagos still crashing with the 'out of bounds' error I reported two months ago

Going back to what I complained about three months ago, this coin is very dependent on CPU hardware, not just HDs. Even with really fast hardware you end up around a 40s mine time if you use Windows (5TB HDs), but then you get people using DCCT one nix reporting mine times around 6-10s (like Bitladen) for a PB. I know PoC2 is supposed to fix this, but it's not here and Burst hasn't talked about it in quite some time. What does this mean? Someone with a insanely fast scan times scoop up all the fast blocks, which artificially increase how much they get paid. Fastblocks account for like 10% of the network volume.

Could it be, that your time is not synchronized?

Have it set to syncronize every 30 minutes.

Are you sure you set the time or just check the drift?
Have you set the right timezone? If you have "AM" instead of "PM", then I am sure you will never have any solo mining success!
legendary
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
Hi, some time ago i was interested in Burst, but i figured HDDs are pricy and one would have to buy a lot to get something out of it. Why did they remove PoS?
I was just wondering about that too.

PoS has inherent issues that PoC resolves.

People like mining.

HDD mining is WAY better than PoW mining (traditional) in every way.
'
If they didn't remove PoS, BURST would just be a better NXT, and not hugely innovative new style of mining (like it is.)



to name a few Wink
full member
Activity: 322
Merit: 100
There's a 2.8M BURST bounty for a coin mixer in burst. Out of which 1M is my contribution.
I figure it would take at least 10M to be of interest to a coder, maybe you guys wanna add to this bounty, instead of holding on to the coin forever
sr. member
Activity: 252
Merit: 250
well i dont know but i might go change my aim to some new services of disk space to host and eran other coins i can not post here like 3 new sites of hard disk lending and hosting and coin sharing and file sharing but i might go there in june 7
sr. member
Activity: 383
Merit: 250
I have mining burst for more of 2 month and only accumulated. Only today i have see the very low price, only 75/80 satoshi for burst. Why is very low?
full member
Activity: 138
Merit: 100
Hi, some time ago i was interested in Burst, but i figured HDDs are pricy and one would have to buy a lot to get something out of it. Why did they remove PoS?
I was just wondering about that too.
legendary
Activity: 1750
Merit: 1024

Yes, he just walked away with asset money without a warning and now, who bought his asset, can't sell it and will not be paid anymore since there are no fees from pools...not a nice move

Other assets did the same, ... changed name, ceased payouts, cannot be sold anymore!

All this kinda make me wonder if its better to sell out all my assets. Uray have invest so many in BURST and gone like this. Same can happens to any one from assets owner i have invested.

Yup, as soon as the market started bombing...

And for the love of god I STILL can't find as many blocks mining solo as I can while mining on a pool. There is definitely something broken when I host a wallet and based on what I heard about nix and about windows, it could be because I'm on Windows. I noticed this in the first two weeks I was mining this coin and people said I'm crazy, four months later and it's still happening.

The whole sillyness with the Blago miner being quite inferior to the DCCT miner which is nix only compounds things too. Blagos still crashing with the 'out of bounds' error I reported two months ago

Going back to what I complained about three months ago, this coin is very dependent on CPU hardware, not just HDs. Even with really fast hardware you end up around a 40s mine time if you use Windows (5TB HDs), but then you get people using DCCT one nix reporting mine times around 6-10s (like Bitladen) for a PB. I know PoC2 is supposed to fix this, but it's not here and Burst hasn't talked about it in quite some time. What does this mean? Someone with a insanely fast scan times scoop up all the fast blocks, which artificially increase how much they get paid. Fastblocks account for like 10% of the network volume.

Could it be, that your time is not synchronized?

Have it set to syncronize every 30 minutes.
sr. member
Activity: 466
Merit: 250
Hi, some time ago i was interested in Burst, but i figured HDDs are pricy and one would have to buy a lot to get something out of it. Why did they remove PoS?
hero member
Activity: 561
Merit: 500
Uray did really great for BURST! Great miner & nice poolcode - BIG THX @URAY

I've also lost the BURST invested in his asset but ALWAYS remember: just invest only as much as you can afford to lose.


Mind my word, I'm not saying that he didn't do great things for burst, I'm only referring to his asset.
I've had the occasion to chat with Uray last winter regarding is pool code and other related project and he seemed to be a good guy but this cannot used to justify him.
He sold 50% of his asset at 5,000,000 burst and then, few month ago, did put a buy order at half the price, move that also made the price of the asset go down a little.
If he wanted to be correct, he could have send a message to his shareholders warning them that he was shutting down his whole project and then of course everyone would have sell.
And for the "just invest only as much as you can afford to lose" part, here we are talking about a 100$ or less (for the % I own) so obviously is not about the money.

what asset are you talking about?Huh
full member
Activity: 241
Merit: 100

To say he run away with assets is really nothing else than big bad mouth. The pools he were running did not make any profit, and I blame more his disappearance on the bad performing of BURST itself. What did he get for his weeks/months of programming? NOTHING, but bad talks.



Other assets did the same, ... changed name, ceased payouts, cannot be sold anymore!

I'm not an English native speaker so forgive me if I didn't understood it well.
Are you saying that me, talking about an asset that will not pay anymore and cannot be selled is "big bad mouth" and you, doing the same with an asset that was absorbed by another asset that is currently paying is the crusade of the righteous?
English is very hard to understand, what seems to me as a lack of coherence is probably just a misinterpretation
full member
Activity: 241
Merit: 100
Uray did really great for BURST! Great miner & nice poolcode - BIG THX @URAY

I've also lost the BURST invested in his asset but ALWAYS remember: just invest only as much as you can afford to lose.


Mind my word, I'm not saying that he didn't do great things for burst, I'm only referring to his asset.
I've had the occasion to chat with Uray last winter regarding is pool code and other related project and he seemed to be a good guy but this cannot used to justify him.
He sold 50% of his asset at 5,000,000 burst and then, few month ago, did put a buy order at half the price, move that also made the price of the asset go down a little.
If he wanted to be correct, he could have send a message to his shareholders warning them that he was shutting down his whole project and then of course everyone would have sell.
And for the "just invest only as much as you can afford to lose" part, here we are talking about a 100$ or less (for the % I own) so obviously is not about the money.
Jump to: