Burst BURST to High Performance Blockchain HPB Exchange

Crypto Pair Details: BURST to HPB

Burst BURST

Burst is an open-source decentralized platform that connects people, companies, and financial institutions. It allows you to move value – according to your own rules – within a scalable, green and customizable ledger. The special proof of capacity method means “you just have to plug in your drive, plot it, and leave your computer mining and earning you coins periodically. The more space you allocate to mining, the higher the reward.” The mining will not hurt your hard drive or cause a noticeable change in your electricity bill. 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. It also offers several other decentralized features such as asset trading and crowdfunding. You can sell digital goods in a peer-to-peer marketplace or even auction off your items. With all of the transactions you engage in on the Burst network, there’s the option of attaching messages as well. An anonymous user introduced Burstcoin on bitcointalk.org in 2014. The coin was developed off of the Nxt platform and thus offers many of the same features. Following in the footsteps of Satoshi Nakamoto, the Burstcoin creator never revealed his identity. After the creator disappeared, the cryptocurrency community organized to continue developing the coin. A team called the Proof of Capacity Consortium is currently developing Burstcoin. Burstcoin is not just famous for its proof of capacity mining. It was the first blockchain to implement “Turing complete” smart contracts. The most famous application of the smart contracts was a completely decentralized lottery. Estimates towards the end of 2017 calculated for each terabyte of hard drive space you commit to the network, you would mine an average of 21 Burstcoins per week. At the time, there were over 150,000 terabytes of storage devoted to the network. Estimates towards the end of 2017 calculated for each terabyte of hard drive space you commit to the network, you would mine an average of 21 Burstcoins per week. At the time, there were over 150,000 terabytes of storage devoted to the network. The online Burstcoin wallet will also walk you through how to start plotting your hard drive so that you can begin mining right away. Burst is designed to be a miner-friendly coin to ensure decentralization of the blockchain. With Bitcoin receiving criticism over wasted energy, Burst offers a more environmentally friendly way to mine and run a decentralized blockchain. If you are looking to mine cryptocurrency but were intimidated by the loud and expensive machines, you might want to check out proof of capacity and consider mining Burstcoin. Or if you simply want a fairly distributed decentralized cryptocurrency with an active development team, then keep your eye on Burstcoin.

High Performance Blockchain HPB

High-Performance Blockchain tackles the concept of scalability from a completely different angle. Rather than just looking at the software side of things, the project also tackles the hardware aspect. To realize the optimal performance of blockchain applications, things will need to change in the near future. As such, this team is building an architecture which uses thousands of CPU and FPGA resources to create a more versatile and scalable ecosystem. There are a few aspects of the High-Performance Blockchain project to take into account. First of all, there is the chip-level acceleration engine which provides accelerated hardware chips to power this entire ecosystem. Secondly, the software side of the High-Performance Blockchain is integrated with the new dedicated hardware accelerated engine and focuses on depth and scaling customization. Third, the project claims it can produce a throughput in the millions of transactions without any major problems. While all of this sounds amazing, it is difficult to come by any real information regarding the technical aspects of either the hardware or the software side of High-Performance Blockchain. While the team mainly focuses on blockchain integration for real-world business cases, it remains to be seen how their chips will operate and how their algorithms are created. It seems the High-Performance Blockchain project is closely connected to the NEO infrastructure, which could introduce some interesting developments down the line. Building the High-Performance Blockchain infrastructure will take a lot of time and money. As such, the roadmap is filled with milestones which the team aims to achieve in the coming years. A testnet version of this project will be launched at some point in 2018, which will undergo further improvements for several months. The actual manner will launch in Q2 of 2018 if things go according to plan. However, the official version will not go live until mid-2019 at the earliest.

SOURCE: COINGECKO

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