What is BURST? – The future of money, stocks, and money generation

in #burstcoin8 years ago

BURST is a computer based platform capable of much more than any current system, it is a financial platform, it is a sales platform, it is a stock market, it is the future of the way we will view money. It is a Bitcoin 2.0 platform, meaning it is like bitcoin in base ways, but vastly improved over bitcoin, and has a lot more to offer. The interface is nicer, the system itself is more secure and the way it is minted, or ‘mined’ is future proof, taking a fraction of the power of Bitcoin mining, but that’s not all, because of the way the mining works, it is naturally able to stay more decentralized, and won’t get to the point Bitcoin is today with basically 4 large companies running the vast majority of the network. This is the way crypto currencies, including Bitcoin, were supposed to be by design, but because of the growth of specialized and expensive mining hardware for the Bitcoin algorithm, it has moved away from its original goals, and is now much more centralized than the creator had wanted it to be. BURST will never be this way, due to the fact it can be mined on normal every day computer hardware that everyone has, and everyone has the free space on their devices that is necessary to mine BURST right now, without making any purchases at all.

Get involved today with a burstcoin wallet
https://wallet1.burstnation.com:8125/index.html

Sort:  

There is a lot of some really interesting information about crypto currencies but I believe it's early days yet, so I won't sign up just yet. Great post, and well researched. Thank you. Andre' aka Tranquilpen

I will have to look into Burstcoin some more. I've been hearing a lot about it on Steem lately. Your point about basically 4 large companies running the vast majority of the network is exactly what I am worried about with Bitcoin. If you want to take a look I wrote this post and suggest forcing users to mine for every transaction and eliminating other incentives for large scale mining and centralization. https://steemit.com/bitcoin/@camb/decentralize-it-eliminate-mining-pools-force-to-mine

Welcome to the Burst Fam;)

BURST-MF5L-TLXR-SVCF-FNUY5

Followed now follow me for some great Burst advice if you ever need it, we are family ;)

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.027
BTC 60256.67
ETH 2327.64
USDT 1.00
SBD 2.46