Burstcoin (BURST) is an open-source, decentralised cryptocurrency launched in August 2014. It is based on Nxt, but it replaces the parent's proof-of-stake way of generating coins with a new mining concept called "proof-of-capacity". Proof-of-capacity uses the miners' unused hard drive space, rather than their processors or graphics cards, to generate new coins. Besides developing a cryptocurrency, the project also offers a decentralised marketplace and other features. The Burstcoin wallet is a Java-based client that runs locally inside any web browser. Original announcement.
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