Review on Burst by Japheth Ayuba
Burst is way better for a Smart contract project. It just needs more push for people to know them more
Burst today, after making my research, actually burst my bubbles. This project which has been existing since 2014 is a smart contract platform for the building of other projects. Burst which uses a Proof of Capacity, a technology that uses storage capacity of a computer to secure it's network, offers very fast transaction speed plus the fees are extremely low. Imagine paying 0.007 Burst which is worth $0.000002 for fees. Burst came into my limelight as my friend introduced this project to me after he found it on Medium following their new updates that rolled in on the 1st, two days ago. This new updates shows how dedicated the developers are to creating something remarkable. With the new updates rolling in, Proof of Commitment (POC+) is added for which it combines Proof of Capacity and Proof of Stake.
Burst actually lacks a huge presence in the crypto scene. Despite it's novel products, speed and low costs, this project still doesn't make the count. Why I prefer Burst, messaging service which allows encrypted and unecrypted messaging, receipt attachments which makes Burst useful for making transactions in Retails and Wholesales. The fees, all very low costing about 1/64th what it would have been doing it on paper. This project honestly has made it to my forefront of interesting crypto projects. I really recommend it's use
Pros
- Burst uses a Proof of Capacity, a novel mining model in Blockchain technology, which uses storage capacity of computers to secure the network and mine the Burst coin
- Burst can be used to create smart contracts. This means that other products CA be built ontop of Burst
- Burst has a decentralised marketplace for the exchange of tokens created on its Blockchain
- The project keeps growing. New updates keeps rolling in.
- Active community support, moderate price
- Messaging service and receipt attachments can be made for transactions done via Burst
Cons
- Not a popular project.
