The Weekly Burst Report is a report published every Sunday meant to centralize and outline the important Burst information of the week.

Weekly key data

PoCC development statistics (public repositories)

– Files modified: 53 
– New insertions (+): 3,109 
– New deletions (-): 1,752 

Note: this solely indicates the GitHub activity on already released projects. It doesn’t reflect the work the PoCC puts into its private repositories.

Blockchain metrics

– Blockchain transaction volume: 29,972 / +13.0% 
– Total wallets: 147,358 / +0.2% 
– Burst held in Poloniex & Bittrex: 58.0% / -0.1% 

Network metrics

– Estimated Network Size (weekly average): 254 PB / +0% 
– Public Nodes: 671 / -9.8% 

Trading metrics

– High / Low: $0.015 / $0.013 USD 
– Trade volume / change: $1,882,249 / -58.4% 
– Market Capitalisation/ change: $28,973,786/ +16.3% 
– Weekly High vs All Time High (%): 11% / -4% 

Metrics by @Koru

Development

  • Core wallet BRS 2.2.2 “stabilizator” has been released. It includes a more advanced unconfirmed transactions handling. It also fixed four major bugs that concerned Automated Transactions, crowdfunding and unconfirmed transactions spamming.
    • CIP 6 & 7 have been included in the update. It uses a better way for 2.2.2 wallets to communicate unconfirmed transactions to each other, by using a sliding window mechanism instead of propagating all every time. It also ensures that the unconfirmed transaction store only keeps meaningful transactions, while dropping ones that won’t be able to be resolved within their deadline.
    • The PoC Consortium also added a fee suggestion, which basically suggests a number of different fees for a transaction. PoCC developer Brabantian recommends using standard or priority for any meaningful transaction.
  • Qbundle v.2.5.0 has been released. It uses Chromium (significant increase in speed and security) and the latest BRS 2.2.2 wallet, among many other things. See the full changelog and download on GitHub.
  • CloudBurst is a decentralized cloud storage app on the Burst blockchain. Launched yesterday, it leverages the blockchain and new features like Multi-Out Transactions to create a decentralized and trustless cloud storage system. Read this dedicated Burstcoinist article to learn more.
  • Pchains is another decentralized application based on the Burst blockchain. It is a Private Chains concept based on structured Burst Messages, that allows easily creating side chains with a token determined by the issuer. More about them in this Reddit post and in the Pchains documentation.

Miscellaneous

  • The Summer of dApps contest! This is your chance to win a few thousands BURST and a portable Burst miner / full node. Check the rules and join the fun!
    • There are currently two contenders: CloudBurst and Pchains.

Conclusion

There is an ongoing effort to make a better use of the current Burst blockchain capabilities. As we are seeing with CloudBurst and Pchains, many decentralized applications can be implemented and can offer interesting and clever use cases for a decentralized network. I definitely expect more applications to appear in the near future.

Thank you and see you next week.

Tom Créance (@Gadrah)


Disclaimer: The Burstcoinist does not endorse nor take responsibility for any project mentioned in the Weekly Report.

Want your Burst-related project to appear in the Weekly Burst Report? Contact me and I can mention it in the next episode.


Also published on Medium.

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