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Topic: Announcing the PoC Consortium Stage 2: The Burst Dymaxion (Read 1572 times)

jr. member
Activity: 112
Merit: 2
For those people looking for the current Burst thread here in Bitcointalk, please head over here:

https://bitcointalksearch.org/topic/annburstpoc-burstcoin-hard-fork-coming-approximately-june-20th-1541310
sr. member
Activity: 868
Merit: 259
rico666, there was a hard fork in the Burst blockchain. It was the PoCC nodes and pools that were blacklisted from the main chain because Burst's implementation to fix a bug before that was to blacklist nodes even if they are acting in good faith.

Should all nodes upgrade to BRS 2.2.2 to avoid the risk of forking again? Ty.
sr. member
Activity: 868
Merit: 259
rico666, Is Burst really ready and as good as the other top 20 coin out there as you said in the past? The blockchain fork that took place and stopped the nodes from syncing is an indication that its not. How embarassing is this for the community?

If there was an exchange deciding to list Burst then yesterday's embarassing fork might make them think twice about the readiness of the Burst project.

There are many embarrassing things out there. Among them statements like yours.

I never said Burst being "as good as the other top20 coin out there" (what nonsensical formulation is this anyway?)

There was no blockchain fork on July 21st or any other date. We had a textbook hard fork (upgrade) June 10th/16th, but that was it.

If you are referring to the events where BRS 2.2.1 nodes kept blacklisting their peers (which BTW didn't cause a fork), then the reasons/fixes are mentioned in the release notes of BRS 2.2.2
https://github.com/PoC-Consortium/burstcoin/releases/tag/2.2.2

If anything, it shows the development team behind Burst can quickly solve problems that have been dormant since Bursts' 4-year existence. If you consider that embarrassing, you should consult a shrink.


But the PoCC released statements in the past that said they would take Burst among the best cryptocurrencies. That would be among the top 20 or top 10 of all cryptocurrencies, wouldnt you agree?

You also opened a provocative thread about how long would it take for Burst to reach $1.00. Many would assume that it wont be that long if they see that thread.

Burst to $1 when?

Prepare to be quoted for future reference.  Wink

For asking the challenging questions and trying to help make a $1.00 Burst a reality, I am an embarassment?

Having that said, are there more unfound bugs that would cause the nodes not sync?
legendary
Activity: 1120
Merit: 1037
฿ → ∞
rico666, Is Burst really ready and as good as the other top 20 coin out there as you said in the past? The blockchain fork that took place and stopped the nodes from syncing is an indication that its not. How embarassing is this for the community?

If there was an exchange deciding to list Burst then yesterday's embarassing fork might make them think twice about the readiness of the Burst project.

There are many embarrassing things out there. Among them statements like yours.

I never said Burst being "as good as the other top20 coin out there" (what nonsensical formulation is this anyway?)

There was no blockchain fork on July 21st or any other date. We had a textbook hard fork (upgrade) June 10th/16th, but that was it.

If you are referring to the events where BRS 2.2.1 nodes kept blacklisting their peers (which BTW didn't cause a fork), then the reasons/fixes are mentioned in the release notes of BRS 2.2.2
https://github.com/PoC-Consortium/burstcoin/releases/tag/2.2.2

If anything, it shows the development team behind Burst can quickly solve problems that have been dormant since Bursts' 4-year existence. If you consider that embarrassing, you should consult a shrink.
legendary
Activity: 1120
Merit: 1037
฿ → ∞
sr. member
Activity: 868
Merit: 259
rico666, Is Burst really ready and as good as the other top 20 coin out there as you said in the past? The blockchain fork that took place and stopped the nodes from syncing is an indication that its not. How embarassing is this for the community?

If there was an exchange deciding to list Burst then yesterday's embarassing fork might make them think twice about the readiness of the Burst project.
sr. member
Activity: 868
Merit: 259
Hi rico666. Can you ask the moderators in /r/burstcoin to relax? Why are they censoring people in the community who only wants to help the project.

The owner of http://www.rollburst.com/ wants to show the site to everyone on /r/burstcoin but the thread was deleted. How can the coin grow if they continue to act like that? Isnt Burst supposed to be open for everyone?
newbie
Activity: 3
Merit: 0
Rico, what is your opinion on this blog by Siacoin's lead developer? Do you think it is possible that some solo miners in Burst are exploiting the time memory trade off "attack" by using ASIC miners on Burst?

The State of Cryptocurrency Mining

Maybe if after the hard fork to PoC2, we see a significant reduction in total mining capacity, it would be proof that Burst was exploited, no?

We analyzed the won blocks in the high scoop range for any suspicious patterns like being won by certain individuals and have found nothing.
If someone is using PoW to time-memory trade, he's either hiding it very well or not existing.

I don't think anybody is using SHABAL ASICs for that, as the $1M upfront cost (minimum and only in case all went well very fast and on the 1st try) seems not economically viable given the current Burst MktCap.

Good! I brought it up because I know someone who is as paranoid as me will sooner or later. But its nothing PoC2 cannot fix.

Having that said, maybe the next order of business is mitigating the possible grinding attacks on Proof of Capacity, or is that not a capable attack on Burst?

Ty for taking some time to reply to your fans lol.


Grinding attacks is not possible on burst. This is because a wallet can rollback maximum of 1440 blocks and it must match current chain.
full member
Activity: 322
Merit: 100
After the arrival of the FPGA, the mining at the GPU will die.
However, BURST will continue to live! It's great!

 Cool Cool Cool
member
Activity: 294
Merit: 11
I made my registration and I liked the platform , it seems very friendly and intuitive navigation. I will be following the next steps of the project
sr. member
Activity: 868
Merit: 259
rico666, can you answer this question? Ty.

I find it hard to understand that mining with hard drives would be unprofitable just because there are lots of unused space. What the Chia FAQ didnt explore is that miners will only mine for a profit and mining farms is a natural result of this.
jr. member
Activity: 98
Merit: 1
This looks huge, I hope all the plans get implemented soon and BURST gets really popular as it should.
sr. member
Activity: 868
Merit: 259
Rico, what is your opinion on this blog by Siacoin's lead developer? Do you think it is possible that some solo miners in Burst are exploiting the time memory trade off "attack" by using ASIC miners on Burst?

The State of Cryptocurrency Mining

Maybe if after the hard fork to PoC2, we see a significant reduction in total mining capacity, it would be proof that Burst was exploited, no?

We analyzed the won blocks in the high scoop range for any suspicious patterns like being won by certain individuals and have found nothing.
If someone is using PoW to time-memory trade, he's either hiding it very well or not existing.

I don't think anybody is using SHABAL ASICs for that, as the $1M upfront cost (minimum and only in case all went well very fast and on the 1st try) seems not economically viable given the current Burst MktCap.

Good! I brought it up because I know someone who is as paranoid as me will sooner or later. But its nothing PoC2 cannot fix.

Having that said, maybe the next order of business is mitigating the possible grinding attacks on Proof of Capacity, or is that not a capable attack on Burst?

Ty for taking some time to reply to your fans lol.
legendary
Activity: 1120
Merit: 1037
฿ → ∞
Rico, what is your opinion on this blog by Siacoin's lead developer? Do you think it is possible that some solo miners in Burst are exploiting the time memory trade off "attack" by using ASIC miners on Burst?

The State of Cryptocurrency Mining

Maybe if after the hard fork to PoC2, we see a significant reduction in total mining capacity, it would be proof that Burst was exploited, no?

We analyzed the won blocks in the high scoop range for any suspicious patterns like being won by certain individuals and have found nothing.
If someone is using PoW to time-memory trade, he's either hiding it very well or not existing.

I don't think anybody is using SHABAL ASICs for that, as the $1M upfront cost (minimum and only in case all went well very fast and on the 1st try) seems not economically viable given the current Burst MktCap.
sr. member
Activity: 868
Merit: 259
Rico, what is your opinion on this blog by Siacoin's lead developer? Do you think it is possible that some solo miners in Burst are exploiting the time memory trade off "attack" by using ASIC miners on Burst?

The State of Cryptocurrency Mining

Maybe if after the hard fork to PoC2, we see a significant reduction in total mining capacity, it would be proof that Burst was exploited, no?

sr. member
Activity: 868
Merit: 259
That is all we needed to know. I am also making sure that the greater altcoin community is aware of Burst's development. I make sure that I post all the weekly updates in my thread.

https://bitcointalksearch.org/topic/burst-weekly-report-the-future-is-bright-proof-of-capacity-is-here-2231841

Ty to you and the PoCC, Burst is still alive and its having a brighter future.
legendary
Activity: 1120
Merit: 1037
฿ → ∞
Hi rico666, I have another question that begs an answer.

Some people in the community are maybe under the impression that the PoCC has contacted the exchanges about Burst's pending hard fork. If you already did, then did the exchanges express support for the hard fork and will we be expecting an announcement from them soon? Just double checking lol.

With that said, I saw Bittrex's announcements and support on Syscoin's blockchain 3.0 hard fork and Tron's mainnet launch coin conversion. I am assuming that they will do an announcement about Burst if they support the hard fork.

All relevant exchanges (Polo, Bittrex/Upbit and others) will support the "hard fork".
Which technically is a hard fork, but practically an upgrade. As others already mentioned, there will be no 2 new coins.

This "Pre-Dymaxion HF" will boost Tx capacity quite significantly (4-40 times depending on Tx types)
without putting more strain on blockchain space.

E.g. a 40-fold Tx-increase will put only a 3-fold increase on block size (~178KB versus ~49KB)
178KB for 9600 transactions is pretty nice IMHO.

-> https://www.burstcoin.ist/2018/04/30/weekly-burst-report-34/

World Domination. Fast.
sr. member
Activity: 868
Merit: 259
Hi rico666, I have another question that begs an answer.

Some people in the community are maybe under the impression that the PoCC has contacted the exchanges about Burst's pending hard fork. If you already did, then did the exchanges express support for the hard fork and will we be expecting an announcement from them soon? Just double checking lol.

With that said, I saw Bittrex's announcements and support on Syscoin's blockchain 3.0 hard fork and Tron's mainnet launch coin conversion. I am assuming that they will do an announcement about Burst if they support the hard fork.
sr. member
Activity: 588
Merit: 264
stop trolling
full member
Activity: 322
Merit: 100
When will MasterNodes be? I'm waiting for MasterNodes!!

 Cool Cool Cool
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