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: 7 
– New insertions (+): 730 
– New deletions (-): 1 

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: 9,335 / +6.5% 
– Total wallets: 151,730 / +0.3% 
– Burst held in Poloniex & Bittrex: 53.7% / -0.3% 

Network metrics

– Estimated Network Size (weekly average): 252 PB / +3.8% 
– Public Nodes: 462 / +0.7% 

Trading metrics

– High / Low: $0.010 / $0.008 USD 
– Trade volume / change: $363,384 / -15.4% 
– Market Capitalisation/ change: $17,689,742 / +2.09% 

Metrics by @Koru

Development

  • The BRS 2.2.4 version of the core wallet is ready to be published, but the PoC Consortium decided to postpone the release a little to add more things to it. In the meantime, PoCC developer rico666 published a writeup on Reddit: “why you should update to BRS 2.2.3 (or later)“.
    • In short: BRS 2.2.3 changes the way unconfirmed transactions are propagated across the network. This allows ramping up other parameters in the wallet to improve scaling.
    • With BRS 2.2.4, “the Burst network in general will be capable of swallowing a surge equivalent of 80 000 tps for 30 seconds.” So why should you update exactly? “Older BRS versions will work too, but in case such a surge happens, they will cause a high bandwidth not only for themselves, but also for their peers. Which means they become the weakest elements in the network.” Read the article for a fuller explanation.
  • The Burst Wiki now includes a BURST research resources section, referencing research publications and other articles relative to Burst. Keep in mind this is a work-in-progress.

Websites

  • Don’t forget to vote (every day!) for Burst for the Numex listing. It is free, it takes a few seconds and you do not need to register.

Other

  • Daniel Jones and Tamara Sanchez represented Burst at the 2nd edition of the BlockchainNW conference in Seattle, where they spoke on a panel and met many people. Tamara shared their experience: “we connected with a lot of amazing individuals and we’re just happy to talk about the community and the work and dedication it entails. We were just humbled to represent [the Burst community].”
    • She adds: “We will be at another conference in San Francisco in about a week and a half.”
    • Additionally, Daniel often goes live on Twitch talking about Burst. You can find some replays on his channel. A live is planned for 11pm PST today, don’t hesitate to tune in.
    • Burst community figure Dan Dares launched a fundraising to help cover Daniel and Tamara’s expenses. As Dan says, Daniel and Tamara “are giving up days at a time, paying for plane tickets, rooms and more. Out of their own pockets and using their scarce days off for us all.” It’s time to give back! Donation wallet: BURST-NQAW-GQ84-CA6C-7B3LS
    • Finally, Daniel confirmed that an important announcement is coming for October.
Daniel and Tamara at BlockchainNW
  • Physical Burst coins are in! Reddit user u_Zensae_ ordered 1,000 pieces for himself and the community. He is making a first call for people who want to order 10 or more. Contact him on Reddit if you are interested!
Physical Burst coin – front

Conclusion

What insights can we gain from this bear market?

  • We kept a core of dedicated community members and contributors more solid and passionate than ever
  • The PoC Consortium developers are still in it for the long term (and keep buying)
  • We have more community developers and side projects than ever
  • We kept a high level of decentralization (nodes, network size, balance distribution, block forgers…)

It is only when you see things under this perspective that you can stop worrying about the price. The Burst community will keep going forward no matter what.

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. All content is for informational purpose only.

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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