BURST is now ready to be a global payment gateway, but even more interesting is that BURST is shipped with smart contract support, implemented as Automated Transactions (AT). This AT system was developed by CIYAM and is turing-complete, thus having a potentially infinite number of use cases.
BlockTalk is an extended Burst smart contract framework which aids in the creation and deployment of contracts. New contracts are written in Java with a simple interface for testing and deploying to the Burst blockchain. BlockTalk includes tools and code snippets to assist in the process and helps to manage the minimal fees involved with running the contract on chain. BlockTalk is developed free of charge by a group of bytecode and smart contract specialists. Bounties were paid by the BMF to support the developers. You can check our current bounties here.
As a result of the extensive development in the last few months, the team introduced non-fungible tokens (NFT) to BURST. These smart contracts have the unique feature of ownership.
So to celebrate this achievement, the first ever Burst NFT will be released. This contract is so unique that there will be only one owner. However, this contract is always for sale, so in reality there is no final owner. For this virtual reality experiment the name of the most famous diamond was chosen: Koh-i-Noor.
Koh-i-Noor is the most famous diamond of the ancient world, discovered in India about 5000 years ago. This diamond passed the hand of many kings and queens until finally being ceded to Queen Victoria after the British annexation of the Punjab in 1849. The Koh-i-Noor has long been a subject of diplomatic controversy, with India, Pakistan, Iran, and Afghanistan all demanding its return from the UK at various points.
Using the NFT concept of ownership for a smart contract on the Burst blockchain you can own the Koh-i-Noor token but you will never know for how long.
How does it work?!
Get all the information you need on https://kohinoor.getburst.net/
If you send the highlighted price to the smart contract address :
BURST-97RU-MV5H-3AML-BLP7Y then you will become the owner of the
Your name will be shown on the page and the price will increase by 10%. If a new buyer arrives, you will get the new price minus a 1% fee; a 9% return on your investment.
Whoever purchased it most recently has the honors of being the owner of the one and only Koh-i-Noor NFT on the Burst blockchain.
With this virtual experiment, we wish to demonstrate how simple it is to create new smart contracts with BlockTalk in Java. Anyone can now easily move forward and build their dream project; accessible through a web page or DApp, and a smart contract as the backend.
Furthermore, end-users can validate the contract Java source code, making your application 100% trustworthy.
If you like to get more information about BlockTalk check the following links:
With BlockTalk you write your code in Java ; let it convert to bytecode and deploy it to the chain
Smartcontract-Testnet for your deployment
The smart-contract-Testnet has a constant block time of one minute to make testing easier.
If you have any questions join us on discord or reach out direct to jjos#5582 on discord.