Siacoin on the rise...
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Recently siacoin has risen a lot, could it pose a threat to burst?
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@rattle99 If your neighbor does really well - does that pose a threat to you?
Nxt went insanely frenzy
https://coinmarketcap.com/currencies/nxt/
Burst not - yet. It should have at least followed in a 20% value path of Nxt, but didn't. Why? Because in the current energy efficiency debate its making a better figure than Bitcoin and people remember Nxt calling itself "Bitcoin 2.0"
Does it pose a threat to Burst? We hope no one seriously considers that.
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You also get Ignis ICO, if you currently storing nxt coin in the wallets. Thats the reason why its raising. After release it will falling again.
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@rattle99 I reckon any of us that have tried hosting with sia will say it's a waste of bandwith & drivespace, they take more from your wallet in collateral than you earn from renting (@ ridiculously low prices to be competitive). Same goes with storj, there is simply no demand currently for their services. I'm hoping MaidSafe is a more useful long term bet for our drivespace, but right now as low as Burst may be it's still the best use of your disks.
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@arthurpug very true and other than what is essentuly Burst 2.0 that Mr. Cohen is doing talks about / developing i dont even know the name of it but he refuses to even mention burst or that there already is a coin using this tec in his talks. i dont see any coin utilizing HDD's in the near future poised to over take burst in how much you can earn with your drives.
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@gibsalot said in Siacoin on the rise...:
@arthurpug very true and other than what is essentuly Burst 2.0 that Mr. Cohen is doing talks about / developing i dont even know the name of it but he refuses to even mention burst or that there already is a coin using this tec in his talks. i dont see any coin utilizing HDD's in the near future poised to over take burst in how much you can earn with your drives.
Is there some work going on to make Burst 2.0?
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@rattle99 no but Bram cohen the guy that created bittorrent is suposidly making his own crypto coin and doing talks about it starting development in 2018 some time, but if you watch his talks what he is discribing is Burst right down to how the burst mining works on the back end... in one video he kinda hints that the idea is not new but he never evet talks about burst at all.
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the coins name is Chai
skip to 20 min for him talking about his coin
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@Gibsalot Thanks for the share. I hadn't seen these, but ya...Cohen is obviously failing to mention "Burst" on purpose. /violin
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@includebeer there are many more videos out there of him doing full hour long talks geting in full detail about how it should work and he even has a white paper out now. but yes he never mentions burst the closest he come is in 1 video he does say that there was an coin that tried to use this kind of approch but it was broken and flawed and unusable ... im fairly sure he was talking about burst when he stated that .... the video was linked here in the fourms several months ago ill see if i can find it.
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Seems like he doesn't want to mention BURST.
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@rattle99 said in Siacoin on the rise...:
't want to mention BURST.
There should be a hunt down on all media he presents "his" idea to and send them a link to burstcoin with a description that he is a few years late.
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Is there some work going on to make Burst 2.0?
Yes.
But the name will still be Burst.
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@quibus That will be quite a difficult task.
