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RE: The Present Scenario of Bitcoin Market in India

in #bitcoin7 years ago

.... you seems to know a lot for a person that states never heard about proof of capacity? Think about it - actually what you tell is... not like so... there is a huge community.... And Dev is active

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Sorry, I didn't mean to disrespect, I'm just going with what i saw through my quick glance at the site.

I have several criteria before investing in an altcoin. I look to see if the site is active, the roadmap makes sense to me, there's a dev profile up, if github has active coding and the technology behind it.

I've personally never heard of Proof of capacity, I'll have to read up more on it before I can have an opinion on it. I have a fear of what I don't understand.

sure - I follow similar checks as well - I am like you.

Proof of Capacity - there's a guy that answered some of my questions on steemit. I will post you a link

sweet thanks!

Mining screen with UK pool

I just read the whole post and your conversation with OP. I'm just wondering and correct me if I'm wrong, but I understood that PoC is a blockchain engine that stores previous calculations on a local hard drive. Does that not affect the security of the coin?

No - the storage disk is not use for any sensible - relevant to security information within the proof of capacity/space

ok i see... well this is interesting. Is mining it a bit like PoS, where you can create a masternode?

Burst is live - up and running. Proof of capacity is 2.0 block chain engine .. energy efficient... Is trust live as well?

It's a fairly young coin. White paper was published in nov 2016

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