Sent =) Welcome to Burst
Sent =) Welcome to Burst
@ryanw I have no idea, probably major reworks to the codebase and maybe even new features. I guess time will tell :)
Exciting, to say the least! I read the whole article you linked to.
POS has been written as Proof-of-Space twice at the bottom, when you are talking about Proof-of-Stake, right?
Not all POS coins have had initial distributions in the way the infographic describes, so it could be toned down a bit perhaps? Maybe add "In many Proof-of-Stake systems..."
If I was an investor into this asset, I would be very worried right now, seeing how the manager mishandles himself, other people and the asset. If this continues, I vote to move it to the 'concerned assets' section.
Emerging patterns of Falconcoin: Systematically commenting on every thread, picking fights with everyone, quoting his heroes Focus and Adam as often as possible, calling people goofs when he runs out of answers, namedropping all the people he thinks support him, appraising himself for having 'spotted' all the wrongs in Burst before anyone else did, generally pretending to be better than everyone else, and also mastering his suppression skills in order to take up as much space as humanly possible in the forum.
According to the latest news in slack and bitcointalk forum, the snapshot will take place on October 10th, at 10AM NZ local time. Note that this means October 9th for many countries in Europe. Bittrex will NOT participate in the coin redemption, but Cryptopia will. The block height is 1657200.
If you have SPR in Bittrex, you must either transfer them to Cryptopia, or keep them in your SPR wallet, otherwise you will not receive HLM. The easiest way of claiming HLM after snapshot will be to keep your SPR in the exchange, but theoretically keeping them in your wallet is safer, so you need to decide which trade-off works best for you.
Any drawbacks? Is it hard to get it to work with 19 GPUs? Doesn't Windows have some kind of limitation on amount of GPUs or slots in use? Looks amazing. :)
@kmaxkmax I replied with some info in a similar thread
Burst is based on the NXT code base. NXT already has incorporated forging pools and account leasing. You can read more about how it works here:
Snapshot date, or rather snapshot block, has finally been announced and it should land between 28th and 30th of September. This means that early movers still have a few more days to participate in the SPR <---> HLM coin redemption by buying SPR at Bittrex before the snapshot.
It has still not been confirmed whether Bittrex, or any other exchange for that matter, will support the HLM coin redemption, so storing your coins inside your SPR wallet is the safest bet until you hear otherwise.
Quote from Coins101 on BCT forum:
Hey @everyone we are targeting Spreadcoin block 1,644,100 as the snapshot date. This is subject to exchange confirmation, so it is subject to change. As you can tell, we could do with a bit more time to get confirmations from third parties, but we understand the frustrations some people have to just wanting to get on.
The snapshot process itself will happen a day or two after this block height to give the blockchain time to settle and blocks to confirm.
The launch date will follow soon after, but we haven't finalised a date for that yet. We will start mining for around 4 days which gives us time to generate the pre-mine coins we will need based on the snapshot data. We'll do some reconciliations with the exchange.
During the mining process, we'll be earning rewards, which we'll probably burn.
We won't be giving out dates on the actual launch until:
- We have a pool up and running (we have a pool operator launching with us)
- The wallets are compiled and ready
- Github is up with the latest source
- The budget proposals website is up (it is actually up just needs to run off Heliumd)
- We have the green light from the exchange that we've agreed on the reconciliation of accounts)
Once the exchange is 100% happy, we'll give more details.
If anyone has technical skills and wants to run the snapshot script as a test, please feel free.
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