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Review on Burst by David Olayide

Revainrating 3 out of 5

Burst Cryptocurrency

Ever heard of the cryptocurrency project called Burst? Well if you have no idea what the cryptocurrency project is, or indeed no idea what it hopes to achieve, then perhaps today you might benefit from knowing the cryptocurrency project. Burst is an open-source decentralized platform that connects people, companies, and financial institutions. Burst allows people to move or transfer value in a scalable, and customizable ledger. The special proof of capacity method means that all you have to do is to plug in your drive, plot it, and leave your computer to do the mining and earn you some coins periodically. The more space you allocate to mining, the higher the reward. Now, before you start thinking too hard about mining this coin I should let you know that the mining is of a very friendly nature. It is not overly power consuming like other forms of cryptocurrency mining such as Bitcoin. Rather, the mining won’t even cause problems to your hard drive or electricity consumption. If you ever decide to stop mining, you can delete the information that Burstcoin plots onto the hard drive and use the space for its originally intended purpose. Do you can see how friendly and efficient the project is right? Personally I like the project and I actively look forward to interacting with the project eventually that is. BURST has a circulating supply of about 2.1 Billion BURST coins and a maximum supply of 2.16 Billion. Bittrex is the current most active market trading the cryptocurrency.



Pros
  • BURST allows a degree of scalability
  • The project utilizes a customizable and open ledger
  • Mining is highly efficient and is not power consuming
  • Mining can be done on your hard drive without excessive demands on your system
Cons
  • BURST