Topic: Burst weekly report! The future is bright! Proof of Capacity is here. - page 2. (Read 22008 times)

•The BIG news of the week (actually, the biggest one since the last hard fork): the PoC Consortium published the new concept of Tethered Assets. The full mechanism of Tethered Assets have been introduced with CIPs (Burst Capability Improvement Proposals) 8 to 11.

Read more:

A new Weekly BURST Report is out
- HappyBurstday,
-"big plans",
- PoCC mining software stack,
- Coinigi listing, and more!

Get the latest news:

https://www.burstcoin.ist/2018/08/13/weekly-burst-report-47/

A new Weekly BURST Report is out
- PoCC "Engraver" mining software,
- BURST listed on openbazaar,
- Burstcoin widgets and alerts, and more!
  Get the latest news:

https://www.burstcoin.ist/2018/08/06/weekly-burst-report-46/

I, a year ago, had a negative involvement with exchanges, purchased coins, simply did not go to the handbag, what's more, I find very, numerous protestations and feedback of this coin from clients. In this manner I cease from Burst.

Development
•Core wallet BRS 2.2.2 “stabilizator” has been released. It includes a more advanced unconfirmed transactions handling. It also fixed four major bugs that concerned Automated Transactions, crowdfunding and unconfirmed transactions spamming. ◦CIP 6 & 7 have been included in the update. It uses a better way for 2.2.2 wallets to communicate unconfirmed transactions to each other, by using a sliding window mechanism instead of propagating all every time. It also ensures that the unconfirmed transaction store only keeps meaningful transactions, while dropping ones that won’t be able to be resolved within their deadline.
◦The PoC Consortium also added a fee suggestion, which basically suggests a number of different fees for a transaction. PoCC developer Brabantian recommends using standard or priority for any meaningful transaction.

•Qbundle v.2.5.0 has been released. It uses Chromium (significant increase in speed and security) and the latest BRS 2.2.2 wallet, among many other things. See the full changelog and download on GitHub.
•CloudBurst is a decentralized cloud storage app on the Burst blockchain. Launched yesterday, it leverages the blockchain and new features like Multi-Out Transactions to create a decentralized and trustless cloud storage system. Read this dedicated Burstcoinist article to learn more.
•Pchains is another decentralized application based on the Burst blockchain. It is a Private Chains concept based on structured Burst Messages, that allows easily creating side chains with a token determined by the issuer. More about them in this Reddit post and in the Pchains documentation.

Miscellaneous
•The Summer of dApps contest! This is your chance to win a few thousands BURST and a portable Burst miner / full node. Check the rules and join the fun! ◦There are currently two contenders: CloudBurst and Pchains.

•@MrPilotMan created a paper wallet generator for MacOS.
•The Chinese community now has more article translations in Traditional and Simplified Chinese. Next step: Korean!
•Burst Classic is now officially dead. The last miner of the old chain has pulled the plug.
•We have got a massive upswing in transactions, probably caused by Alias squatters.

So do I understand it right that the data is not on the miner's drives? It's some additional storage solution for small files only?

A switch to convert the miners into cloud storage (instead of the random data as it is now) was planned in the long term, no?

The Summer of dApps contest! This is your chance to win a few thousands BURST and a portable burstcoin miner / full node.
Check the rules and join the fun!

https://www.reddit.com/r/burstcoin/comments/91exuy/summer_of_dapps_contest/

Not an impressive update but we should move on. But at least Bittrex's wallet is online now after an undesirable bug's disruption. Anyhow, I would assume that Poloniex and the others' wallets are online now too.

A new Weekly BURST Report is out
- BRS 2.2.2,
- BURST on generalbytes ATMs,
- fee suggestion feature, CIPs, and more!
 

Development

•As a lot of you must know, yesterday the network was stuck because of a bug that caused a fork and stuck wallets. The hiccup got resolved quickly and Burst got back on its feet. The bug responsible for this will be made public right after the release of the BRS 2.2.2 version by the PoC Consortium. It was a bug present in the NXT code base when the initial fork for Burst occured. ◦BRS 2.2.2 should come within a week give or take – most of that time is testing. The release will contain various fixes and also improvements, namely a Fee Suggestion feature developed by Brabantian and Almurik. This will automatically estimate the best fee based on current network conditions.
◦The PoC Consortium is communicating with Bittrex whose wallet also got stuck. It looks like they will be up and running again in no time (this is possibly already resolved at the time of this report).
◦If anything this incident should show that even in cases of unforeseen problems, Burst has a highly responsive team competent to deflect these kind of problems. The community as a whole has proven to be unified and very helpful.


•GeneralBytes added Burst support into their GitHub repository. It is now part of their code base. This is big news: GeneralBytes has 1800 ATMs in 53 countries. Icing on the cake, their ATMs are bi-directional (they allow buying and selling for 122 fiat currencies). As far as we know, they will push a server update by the end of the month, and the first ATMs with Burst support will show up.


•The Fee Suggestion support is also being worked on for the mobile wallet and will be integrated soon.
•Something is brewing behind the scenes. A few key CIPs (Capability Improvement Proposals) are being worked on. The full CIPs will be made public soon. ◦CIP 6: titled “Unconfirmed Tx Queue Optimizations” –  a way to purge Unconfirmed Transactions that have no chance of being included in a block.
◦CIP 7: titled “Differential Unconfirmed Tx Propagation” – a more intelligent approach of sending Unconfirmed Transactions to avoid network load.



•Engraver, the Burst reference plotter of the PoC Consortium for Linux/Unix has been released on GitHub. ◦Staying on the mining topic, we also have a new version of jminer (the GPU Burst miner), and a new version of JohnnyFFM’s BlagoMiner.

•On the less positive side: Quibus stopped working on Qbundle. The PoC Consortium responded with a statement. Most importantly, the PoCC “will make sure of a continuation and maintenance of this software.” At this moment Heos is looking into it, but additional maintainers alre always welcome (Visual Basic .NET). ◦A few people on Reddit used this news and tried to create some drama, spreading rumors that ac0v left the PoC Consortium. This is of course baseless and – needless to say – completely untrue.

Websites
•The CryptalDash exchange went live this week. Burst trading should be enabled soon.
•The PoCC Burst explorer was briefly down with the fork but is now working properly again.

Read more:

https://www.burstcoin.ist/2018/07/23/weekly-burst-report-44/

Its not so good to witness that nothing big has changed in Burst's market value and usage since the preDymaxion hard fork. I have made predictions that were wrong and I must admit that they were done under the feeling of too much enthusiasm. I will control myself next time. Sorry. But Burst's development is still going forward.

Weekly Burst Report #42

New developers are joining the PoCC!

• Brabantian is a professional software engineer and solution architect who has been working on the core wallet for months and who has proven to be very dedicated and gifted in Java development.
  
  
• Umbrellacorp03 is a Polytechnic student and project manager. He has taken care of many diverse tasks since he joined Burst, from documentation enhancement, to marketing and softwares (Burst paper wallet generator).

Helping Burst newbs equiping with their first Bursts and the new private chains development!

• As you saw, the PoC Consortium talks of equiping everyone with their first Burst. And indeed, the developers are working on a new Burst faucet technology. Last week we saw that this “reference faucet” will soon be a service available on the Burst explorer page. Through the use of Multi-Out Transactions and Dynamic transaction fees, the faucet will be able to serve fractions of a Burst to thousands of people at very low cost – allowing them to validate their first account and make a few other transactions. One could even imagine future Burst airdrop systems based on this.
  
  
• PoC Consortium developer Brabantian is now working on optimisations on the network level to further support the distributed system our network of Burst wallets form. He is now having a deep look at the functionning of unconfirmed transactions.
  
  
• BurstJack has leaked some news on a groundbreaking Burst project: Private Chains.
  
  
  • Here is an excerpt from the documentation: “Private Chains concept is based on structured Burst Messages. A private chain is created with 2 ordinary Burst transactions sent to 2 different Pchains Accounts. One account serves as a chain creation account and accepts creation fees (50 Burst) from chain creators. The chain creator sets ticker (name) of chain and maximum number (cap) of tokens in chain. Upon creation, the creator is the owner of all tokens in that chain. The other account serves as transaction account which holds transactions for all chains, if not otherwise specified in chain creation for a particular chain. “Both creation-specification and chain-transactions in chain are sent the ordinary way as Burst messages to the 2 Pchains Accounts.
    
    
  • We should expect more information on Private Chains and use cases soon. This is a very clever use of the already existing Burst technologies, and a particularly promising project.

You heard the PoCC. If there are Burst holders and users in the forum, we need to start organizing on our own to promote Burst. The PoCC cant do it by themselves. If you want success, do the work. If you refuse, you can wait quietly or sell your Bursts. Its your decision.

Development
•The PoC Consortium pre-announced it last week: the post-hard-fork statement has been released on The Burstcoinist! In this article titled The Economy of Scale: Next Steps For Burst, the PoCC presents the “next steps” for Burst and its ecosystem. We highly recommend reading the entire write-up as it is an important piece for the second half of 2018. Here is a summary in a few words: ◦Since the successful hard-fork, Burst is a much bigger and better coin. We now have the technological abilities to compete with most top crypto projects. Hence, our problem isn’t the technology, it is us – the community.
◦The time when “the PoCC should do everything” has come to an end. The community needs to be professionally organized: teams need to be built, driven by “champions” who can build up and lead (take responsibilities), while sharing a common goal. It has already started (see below in the report).
◦Our growth needs to be an incremental process, and it needs to be done right to be sustainable (avoid dilution).
◦The PoC Consortium will continue working on core/wallet development and leading Burst from a strategic/ideologic standpoint. You will probably spot a Burst Dymaxion Daemon in 2018, but no warranties. Right now, they will focus on market adoption: merchants, ATMs, payment gateways etc. They want to ensure that all the new technical capabilities are used to their full extent before enabling the Dymaxion on MainNet.

•The Android Burst wallet has been updated. Changes include: decreased startup time, hard-fork adjustments (mainly dynamic transaction fees) and a new Japanese translation.
•The explorer got some updates: ◦There is a new “report bug” function, two new sections on the sidebar (Marketplace and Automated Transactions), and a few additional minor changes.
◦The PoC Consortium is working on a “reference faucet”, that will be a service on the explorer page. The goal is to provide a more effective way for new users to get started.

•We now have a Burst paper wallet generator, the perfect tool to create a secure HODL account. It will be directly included in the next Qbundle release.

Community efforts
•The search for “Champions” as mentioned above has commenced. Good news: we already have two of them. One for App Team, and one for Support Team. They will probably announce it to the public soon, but if you are used to the Burst community you know them well already!
•We are looking for people willing to take responsibility for the other teams mentioned: GUI / PACKAGING / TESTING / EVANGELISTS. Contact the PoC Consortium on Discord if you want to take the initiative.
•A “Burst Who’s who” page as well as the “Global Burst TODO” page will be posted soon on the Burst Wiki. The global TODO is intended to be a one-stop overview on what needs work/volunteers right now. The who’s who will be a broader overview of whom to talk to in the Burst community if you need something. It is basically meant to be an entry point to the teams.
•There is a Burst Reddit competition to promote user growth gowing on. Join the debate and you may win the prize!

PaperBurst v.1.0, the BURST wallet paper generator has been released with cool new features. Will be integrated to the next release of Qbundle!
https://github.com/umbrellacorp03/PaperBurst/releases/tag/1.0

Ty for giving us the updates on Burst's weekly reports. But can you post more information on the update? It doesnt need to be long. The basic information on the project's development would be good enough. Ty.

The Burstcoinist article on the successful pre-Dymaxion HF:

https://www.burstcoin.ist/2018/06/11/biggest-burst-upgrade-to-date-successfully-enabled-pre-dymaxion-hard-fork/

This will be a big month for Burst. One other good update. Burst will attend its first ever conference in Seattle. The new upgrades should be something to be proud of.

With that said, let us wish them good luck!

• Burst is going to be represented at the Blockchain NW conference on June 5th, the first ever Seattle conference of its kind. This is going to be the first time ever Burst appears at an important event with many renowned professionals. The official announcement by the community attenders can be found here.

Vermalen's update is much appreciated but I would like to add more details in this week's Burst weekly report.

The project is undergoing one of the most important milestones and I hope some of you would join us in support of what will be one of the greatest developments in cryptocurrency history. The Dymaxion.

• In preparation of the pre-Dymaxion hard fork planned for block 500,000, testing of the wallet is going well. PoC Consortium developers rico666 explains: “so far it looks like the core is stable, but the UI needs more polishing. This is not a real showstopper though.”
  
  
• PoC1 to PoC2 switch testing still needs more time – it has highest priority now.
  
  
• The PoC Consortium started to replace all its 1.3.6cg wallets with BRS 2.0.4 (pool backends, public nodes…). The pools have been running stable and winning blocks with the latest version. We also have positive reports from 3rd parties who have done so for over a week without problems.
  
  
  • The PoC Consortium therefore suggests all 1.3.6cg pool operators do the upgrade. In the near future, upgrading from BRS 2.0.4 to BRS 2.2.0 is going to be quite easy so by upgrading from 1.3.6cg (or lower) to 2.0.4 you are doing most of the work upfront.
    
    
  • This also means the 1.2.9 lifelines are being cut now. As a reminder, 1.3.6cg public nodes are the only bridge between newer versions and the old 1.2.9 version. With the decrease in number of 1.3.6cg nodes, it can be expected that 1.2.9 wallets will be dysfunctional even before the hard fork – which is intentional to ensure a smooth fork and a more reliable network.