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

Last week’s report was cancelled. Therefore, this edition presents the most important news of the last two weeks. Thank you for your understanding.

Weekly key data

PoCC development statistics (public repositories)

– Files modified: 9
– New insertions (+): 502
– New deletions (-): 30

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: 11,796 / -2.8% 
– Total wallets: 153,470 / +0.3% 
– Burst held in Poloniex & Bittrex: 52.1% / -1.4% 

Network metrics

– Estimated Network Size (weekly average): 239 PB / -1.4% 
– Public Nodes: 479 / -1.6% 

Trading metrics

– High / Low: $0.008 / $0.006 USD 
– Trade volume / change: $954,672 / +117.2% 
– Market Capitalisation/ change: $13,289,307 / -21.1% 

Metrics by @Koru

Development

  • Please, update your wallet. Outdated nodes are being used to help spam the network. No worries – the attack is being mitigated, but always keep in mind this is a consensus network and it is only as strong as its weakest parts – which would be the oldest wallets. Updates are there to help the network.
    • BRS 2.2.5 “Mitigator” is out and 100% resistant to the spam attack. Qbundle already offers the one-click upgrade. Everyone needs to update!
  • An important announcement is coming before December, as announced by the PoC Consortium in a Reddit post: “By the end of this month we will inform you about a clandestine project of the PoCC (and friends). Is it big? You bet.” The PoCC gave a second hint away this week:

  • Please welcome PoCCBot, the PoC Consortium’s tipping bot for Reddit! PoCCBot is a great way to show appreciation towards a valuable post by donating a few BURST to its author. “The bot is still in the testing phase, but should be fully operational soon. It also looks like sending tips is not the only task that will be performed by this bot in the future…”, according to PoC Consortium developer rico666.
  • Version 0.2.3 of the Android wallet has been released. It now supports fee suggestions, and Russian & Serbian language.

Other

  • In an effort to further decentralize the pool ecosystem, the PoCC is raising its pools’ fees to 1.5%, starting from december 1st.
  • Daniel Jones and Tamara Sanchez interviewed Zeki Gunay, CEO of Cratus Technologies, regarding the use of the Burst Blockchain, his visions and use cases in the Supply Chain and Chain of Custody Transactions. They discussed the different industries which may benefit from the immutability of the Blockchain.

This train from Budapest is already much cooler.

Conclusion

Burst is yet again unmoved by a spam attack on its network, which goes to show how resistant it has become to this kind of threats. A major announcement is coming before the end of the month. Burst is stronger, its dev team more dedicated, and its future brighter than ever.

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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