What is Burstcoin?

2017-08-23 05:09

Burstcoin is a cryptocurrency that uses the world's first Proof of Capacity (PoC) algorithm for block generation, which is CPU, GPU, and ASIC hashing-proof.  This means that the only effective way to mine Burstcoin is by scanning for pre-computed hashes stored on digital media.  As a result, mining is done by utilizing hard drive capacity which is far more energy efficient and far less intensive on PC hardware compared to other cryptocurrency mining algorithms. 

Burstcoin also provides the ability to implement many related features such as an asset exchange, marketplace, smart contracts, escrow services, and even atomic cross-chain transactions (ACCTs).

For more information about Burstcoin, visit the Wikipedia page: https://en.wikipedia.org/wiki/Burstcoin