The Longest Bitcoin Confirmation Ever!
On May the first I transferred a small amount of Bitcoin, about $100 USD worth of Bitcoin, from my x-coins account to my Poloniex wallet, and it took almost a whole week to confirm! This was the longest confirmation I had ever had the pleasure of waiting through.
The Art of Waiting for Bitcoin!
While I was waiting for Bitcoin to confirm it gave me plenty to time to work on my Bitcoin art.
Image by Nick Thompson (Depicts Jabba Sized Bitcoin Blocks filling the network)
It was funny, after waiting all week for my Bitcoin to confirm, as soon as I wrote the first line in my article about it, it was confirmed! Very strange indeed. For some quirky reason observing the Bitcoin confirmation process seems to slow the whole process down to the quantum level. The secret to a good quick confirm is not in the TX Fee, it is all in the mind! LOL!
It Was A Banner Week For Cryptocurrency!
Last week in cryptocurrency had it’s up’s and downs for me. On the up side I was making BTC in Alt coins, however on the downside I was waiting all week for my Bitcoin to confirm, while also waiting for the Openledger Dev Ops team to fix the OPEN.LISK wallet on the Bitshares platform. I have still not gotten my LISK from over a week ago, please check out my last article about it here:
https://steemit.com/bitshares/@coininstant/bitshares-2-0-open-lisk-wallet-down-past-72-hours
Decentralized Seems So Centralized Around Working Wallets!
The decentralization was what brought me to Bitshares, it seems like my LISK is centralized around Openledger fixing the wallet!
I have not heard back from Openledger with an update in the past 2 days. I sent them a follow up message asking about contingency plans, what to do when wallets go down? Waiting an indefinite amount of time just is not cutting it! I was planning on sending more coins to my Bitshares wallet, but this whole debacle got me worried, so I am actually sending more coins out until this whole situation is cleared up.
So Where Am I Moving My Coins?
Here is the latest and greatest decentralized blockchain I have discovered that I think holds as much promise as our beloved steem. This platform is like a little town with a Wall Street on every corner. This platform puts the free market at the fingertips of every user, this platform is Burstcoin!
Once You Dive Into Burst You Never Come Back!
The Burst Wallet is the Holy Grail of Decentrailed Asset Exchange.
https://wallet.burst-team.us:8126/index.html
The Burst Asset Exchange, the future is Here Now!
There are a whole bunch of assets out there in the Burst Wallet once you know how to look them up from the id.
Here is a link to the Burst Assets:
http://util.burst-team.us:8888/asset
Once you are in the wallet and have added an assed by ID # here is what it looks like.
You Must Do Your Own Research and Due Diligence!
Even though Burst Assets are relatively new, there is a whole universe of assets. Some are good, however a few are not! Most assets pay you dividends in Burstcoin every week. Some assets I like that I have earned dividends from are MTM Gaming & Lex4All. I like them because they pay out dividends, are relatively new and cheap. I am liking them so much I have orders in to buy more!
Let the Burst Race Begin!
The Burst Asset exchange is the latest greatest in the crypto world in my book, and I can see the possibilities are endless. Because the asset exchange locks up vast amounts of Burst coins, I think this will fuel growth for the price of Burst coins in the long run. There are a lot of coins, buy hey there are a lot of XRP and today it was up to 10 cents. If Burst went to 10 cents from here that would be a ton of change to make!
If you like this blog please up vote and follow for more cryptocurrency blogs by me.