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: 50 
– New insertions (+): 5,764 
– New deletions (-): 5,463 

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: 9,907/ -16.6% 
– Total wallets: 147,921 / +0.2% 
– Burst held in Poloniex & Bittrex: 57.7% / -0.1% 

Network metrics

– Estimated Network Size (weekly average): 266 PB / -2.2% 
– Public Nodes: 401 / -13.0% 

Trading metrics

– High / Low: $0.012 / $0.008 USD 
– Trade volume / change: $594,369 / -85.7% 
– Market Capitalisation/ change: $16,647,718/ -27.06% 
– Weekly High vs All Time High (%): 9% / -4% 

Metrics by @Koru

Development

  • #HappyBurstday! Last Saturday (August 11th), we celebrated two important events: Burst’s 4th anniversary, and the PoC Consortium’s 1st anniversary.
    • To celebrate, the PoCC published an article “One Year of PoC Consortium”. It gives a little retrospective of the past year, and a glimpse of what’s coming in the future. A must read.
    • Additionally, the PoCC published an article “How the PoC Consortium deals with a bear market”. This one answers those who wonder if the developers will quit because of the markets. In short: developers expected a crypto winter, so they don’t care about short term dumps. One interesting quote: “We have big plans you already know about, and we also have big plans you don’t know about yet.”
    • So, there are big plans you don’t know about yet. But you will very soon. Could it have something to do with this tweet?

 

  • Last week we thought the PoC Consortium mining software stack was finally complete with the Scavenger, a very efficient Burst miner written in Rust. But no! The Aggregator, a “Burst Mining Proxy for the larger distributed mining operations” has been released this week. It should work, but keep in mind it is still in beta.
    • And speaking of beta, the Scavenger (mining software) just came out of it. Version 1.0.0 has been released, with many optimization updates and improvements.
  • “The Planck Granularity is Final”. That’s what PoC Consortium developer rico666 underlines in this dedicated article. Rico666 expressly indicated that the article is a RFC (Request For Comments), so technically-minded people should definitely have a look and give their input.

Websites

  • Burst is now available on Coinigi, the “all-in-one platform for digital currency”. It allows “cross-exchange charting, portfolio management, trading, and research for cryptoassets on mobile and web”.

Other

  • Tamara Sanchez is a well know community figure working on wider adoption for Burst. She recently has joined forces with Everipedia to include more women working in Blockchain in articles.
    • Additionally, she and the app team have something to reveal for tomorrow. In her own words: “we have some exciting news in the air!”
  • The @Burstcoin_dev twitter account was down for two days. It is now back up and running as usual.

Conclusion

It’s been one year of PoCC already – and what a year! It was more than intense and packed with incredible advancements for Burst, but it still didn’t spark the much needed wider interest from the markets. One thing is for sure: the PoC Consortium will not settle for crumbs. Be aware that important innovations are being discussed and worked on at the moment you are reading this. Be prepared.

Thank you and see you next week.

Tom Créance (@Gadrah)


Disclaimer: The Burstcoinist does not endorse and does not take responsibility for any project mentioned in a Weekly Burst 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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