The Weekly Burst Report is a report published every Sunday meant to centralize and describe the major Burst events that happened during the week.
- The PoC Consortium finally released their Android wallet! Sending and receiving money is now as simple as scanning a QR code. Beta phase is finished, but more exciting features are already planned. You can download it on Google Play.
- Additionally, some screenshots were published with the announcement that seem to indicate a working iOS version of the wallet. Although the PoCC hasn’t commented on this so far, an iOS version would make sense as already mentioned in the Weekly Burst Report #3. The use of Steve Jobs’ “one more thing” phrase while introducing these screenshots seems quite obvious!
- The PoCC developers are still working on the 1.3.6cg version of their wallet.
- The PoCC added a chart page to their explorer. It currently includes a richlist, top forgers, balance distribution and block winners but as you can see on the page that more charts are on the way.
- BurstNation is going to launch a BurstNation branded wallet focused on simplicity, as shown on the preview they did in their latest Live Meeting.
- BurstNation released a network status website at http://x.burstnation.com/ with many services included.
- A new Burst wiki website is going to be soon available at https://burstwiki.org/. The first article has just been published but expect it to be a goldmine of information in the near future.
- France now has a community website at https://burstfrance.com/. You can find many things including articles, tutorials and a French forum. N’hésitez pas à y jetter un coup d’oeil.
- A new infographic has been created to explain Burst Smart Contracts (automated transactions) and compare Burst to Ethereum. Feel free to share it around.
- @Zohtar created a Burst payment notification system that can send you an email when you receive burstcoins payment in your wallet.
- @jam1 released a great tool to get asset information and compare them.
Analysis by @Goodplanets
Burst’s current price is 207 Satoshis with a high for the week of 235 Sats and a low of 198 Sats. The weekly trading volume was 553.94 BTC across Poloniex and Bittrex combined.
At the moment 1,000 BURST coins are equal to $9.03 USD.
This week Burst has seen the possible return of a Bitcoin bull market and has held nicely. Support around 200 satoshi has been tested while the price of Bitcoin has risen to roughly $4,400 USD bringing the cost of Burst closer to $0.01 USD (1 cent).
This is good news as many coins have suffered at the hands, or should I say hooves, of the Bitcoin bull run.
Burst’s blockchain this week averaging over 5,000 new transactions a day with at a total of 44,240 new transactions and 653 new wallets generated this week.
Burst’s market cap today is roughly 3,816 Bitcoin with an estimated network size of 141,005 Terabytes which brings the Cap to Terabyte metric to about $116/TB which seems respectable to me given the additional hardware required to apply the disk to the Burst network and also the lifespan of the hard drive itself.
All things considered, I give Burst’s market a positive report as it has shown strength and support at potential lows. I expect continued support and modest growth in the short future.
We are seeing a constant flow of new users, community members and miners. Development is going strong. The network has never been more stable. What we need now is getting the word out and show more people what Burst has to offer, its tech, its advantages over most other cryptocurrencies. I, for one, would love to see the community making more efforts in that direction and taking initiatives.
Thank you and see you next week,
Tom Créance (@Gadrah)
PS: if I forgot something in that report, PM me on any forum and I will make sure to mention it next week.