burstcoin coverBurstcoin uses a unique hashing algorithm to power its blockchain network – what’s known as proof-of-capacity. The network’s miners allocate free hard drive space and use the CPU to plot nonces once to their dedicated disk space, which then reads these nonces in the background allowing the user of the system to continue using their system while mining takes place in the background. Proof-of-capacity is just as secure as Bitcoin’s proof-of-work algorithm, however unlike proof-of-work, proof-of-capacity is very lightweight, computationally light, and therefore is much greener as it requires less energy. The more hard drive space you contribute to the network, the more mining power you control. This results in a more energy sufficient and decentralized network where the barrier to entry is vastly lower than that of Bitcoin’s or other proof-of-work based tokens.

Learn more about Burst

Name Burstcoin
Symbol / Tag BURST
Genesis Block Created Monday, August 10, 2014
Hashing Algorithm Proof-of-Capacity
Validation System Proof-of-Capacity
Block Time 1 Minute
Total Coins to be Issued 2,158,812,800
Source Code Github
Website http://burstcoin.info
Forum https://bitcointalk.org
Downloads Windows

Read the latest in Burstcoin news

To get started with Burstcoin you first need to download a wallet for your particular device and operating system. A Burstcoin wallet stores your private keys and enables you to send and receive burstcoin. Please visit our guide where we explain the best practices you can implement to help keep your holdings secure. You can choose between desktop, mobile, web or hardware wallets designed for a variety of operating systems below:

burstcoin cover
The Burst Wallet Manager has many features that include the local and online wallet, ability to mine, crowdfund and create or partake in token-based assets.

The easiest way to buy Burst is through a cryptocurrency exchange. There exist a variety of exchanges where you can trade Burst for Bitcoin or other cryptocurrencies. Below you’ll find exchanges currently trading Burst:

bittrex logo
Built and operated in the United States, Bittrex is the next generation crypto trading platform created by security professionals with more than 50 years of combined security and development expertise.

poloniex logo
Founded in January 2014 and based in the United States, Poloniex is a leading digital asset exchange offering a wide variety of digital assets.

The Burstcoin mining process involves compiling recent transactions into blocks while trying to solve a computationally difficult puzzle. The first participant (miner or group of miners) who solves the puzzle gets to place the next block on the blockchain and claim the rewards. The rewards incentivize miners to uphold and secure the Burst network. Be sure to read our quick-start guide on some of the intricacies that are involved with mining cryptocurrencies. Below you’ll find Burst mining software and hardware you can use to be a successful miner.

Mining Software

cgminer bitcoin mining software
Burst is a currency like Bitcoin but efficiently mineable with free HDD Storage instead of CPU / GPU or ASIC. Everyone with free disk space can mine Burst. This is a truly decentralized and environment friendly alternative to Bitcoin.

Mining Hardware

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Burstcoin uses a unique hashing algorithm to power its blockchain network – what’s known as proof-of-capacity. The network’s miners allocate free hard drive space and use the CPU to plot nonces once to their dedicated disk space, which then reads these nonces in the background allowing the user of the

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