Burstcoin is a Proof Of Capacity cryptocurrency, which means that it is mined with the use of free space on your hard drive. The mining works through generating and caching data chunks referred to as plots, which are further divided into 4096 segments known as scoops. This novel algorithm was built upon NXT’s Proof Of Stake code, aiming to cut down on power usage, solve the problem of unequal distribution, and allow for blockchain trimming. Apart from making it possible for everyone to become a miner, Burst brings its users plenty of useful features, including decentralized asset exchange and marketplace, decentralized crowdfunding, encrypted messaging, escrow system, and many others.
Burst Exchange Rates
We have been keeping an eye on Burstcoin ever since it was introduced in 2014. Its unique approach to mining has made it interesting to experts and beginners alike, which is why we have decided to make it easier for everyone to get all the relevant information about this coin. With our additional Burstcoin resources available below, you can familiarize yourself with the Burstcoin vision and innovations and get fresh updates straight from official Burst information channels.