Burst

(BURST)

About this project

Burstcoin is a mineable coin that claims to be the first to implement the environmentally-friendly Proof of Capacity protocol in 2014, which allows miners to use storage space for mining. With a block time of 4 minutes and support for multi-out and multi-out same transactions, the maximum transaction throughput of the Burst blockchain is around 80tps.

Burst also claims to be the first blockchain to implement Turing-complete smart contracts, which come with BlockTalk, a Java compiler. Smart contracts on the Burst blockchain can be used, among others, to deploy on-chain games, create non-fungible tokens (https://kohinoor.blockplay.io/).

The Burst platform also offers the issuance and trading of assets, a built-in marketplace, an alias system for easier transactions, and encrypted on-chain messaging. The project’s development is driven by volunteers (Burst Application Team – BAT) and is complemented by community members pushing retail adoption and marketing (Burst marketing Fund – BMF). The dApp ecosystem of Burst includes CloudBurst – a dApp which stores arbitrary data on the chain.