Weekly Burst Report #49

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: 20 ↓
– New insertions (+): 1,990 ↑
– New deletions (-): 606 ↓

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: 8,652/ -8.6% ↓
– Total wallets: 148,408 / +0.2% ↑
– Burst held in Poloniex & Bittrex: 57.0% / -0.7% ↓

Network metrics

– Estimated Network Size (weekly average): 269 PB / +1.9% ↑
– Public Nodes: 352 / -4.6% ↓

Trading metrics

– High / Low: $0.011 / $0.007 USD ↑
– Trade volume / change: $282,769 / -48% ↓
– Market Capitalisation/ change: $16,738,869/ -5.01% ↓

Metrics by @Koru

Development

• As you may already know, an unexpected fork occured this week, pushing some larger pools (including the PoCC ones) to a new chain. The issue solved itself after popping off a few blocks from the pool wallets and the network is back to normal.
  • PoC Consortium developer Brabantian has been busy analyzing the wallet and the fork for a couple days. It seems like we will have a fix soon.
  • Beware of the FUD – rest assured that network stability and security are the topmost priorities for the PoC Consortium. Big plans have been unveiled, yet it doesn’t mean developers stopped working on improving the current network.
• A last reminder for the Summer of dApps Contest! This major community challenge ends on September 4th. It is your chance at winning burstcoins and a portable Burst node/miner.

Websites

• Community member u/blankey1337 recently conducted an experiment with Burst ads on several subreddits. It has been an overall success, and he is now looking for community contributions to keep the ads running for weeks.
• Burst community figure and developer Daniel Jones (@nixops) appeared in an exclusive YouTube interview with Crypt0, a youtuber with 117k+ subscribers.

Other

• The idea of community funds is starting to be discussed here and here. But hold on! We have some marketing-related news in the pipeline, so I would recommend to spare your burstcoins in the meantime.
• Nowadays, markets can be frustrating. Let’s put things into perspective with this article written by PoC Consortium member rico666: “Crypto and Differential Calculus“.
• The physical burstcoin design contest! You have until block 532,000 to submit your design for physical Burst coins that are going to be produced en masse.
• A new step-by-step guide to setting up the Burst core wallet, by u/Peter_Mackey.
• An article on Tethered Assets on U.Today: “Burst releases specifications for a distributed fiat-coupled exchange on its blockchain“.

Conclusion

A rather quiet week in terms of public development. Yet a rather busy one for private repositories. Having a look at current community discussions, we can easily see that marketing has been a topical subject. This should be next week’s main topic as well, as we should start to see some new perspectives in this regard. Stay tuned on the Burstcoinist!

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.

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