FAQ Overview

General Questions

How do you run a local wallet?

1. Download the latest wallet software here:
https://github.com/burst-team/burstcoin/releases

Unzip it somewhere you want, you dont´t have to install it.

2. Download the blockchain database here:
http://burstwallet.io/burstcoin-blockchain-download/

Unzip it. The zip file contains two files: "burst.mv.db" and "burst.trace.db".

3. Copy "burst.mv.db" and "burst.trace.db".

4. Go to the location, where you unziped the wallet software, you should have folder named like this: "burstcoin-1.2.8". The numbers in the name of the folder could look diffrent, but this is nothing to worry about, because this is just the version number.

Inside this folder there should be a folder named "burst_db".

5. Open the folder "burst_db" and paste "burst.mv.db" and "burst.trace.db" into it.

6. Now go back to the folder "burstcoin-1.2.8". In this folder there is a file named "run.bat". This is a batch script that will start the wallet. Every time you want to start the wallet, you have to click this file.
Click it.

7. This window should pop up:


Your local wallet is starting up give it about 10 minutes to start up.

8. After about 10 minutes, go to http://localhost:8125.
You should now be able to login to your wallet, that is running on your computer.

 

If you're feeling generous, and found this FAQ helpful, tip the author here:

Daforce
BURST-KYYQ-D2CU-JFMG-H9G7B

Author: Daforce
Last update: 2017-08-23 01:57


How do I download and install the Burst blockchain?

Downloading the Burstcoin blockchain and installing it yourself is much faster than letting the Burst wallet sync with the network. 

1. Visit here to find a list of mirrors to download the Burst blockchain.

2. if you have a local wallet running, you need to shut this down. Preferably, you shut it down before you started downloading the DB file to spare some extra bandwidth.

3. Find the burst_db folder for your wallet. For the Burst-Team windows all in one client, you will need to type in %appdata% in windows explorer, and hit enter. From there, go to BurstWallet-> burst_db.

4. Copy over the two files that are in the zip over to the burst_db folder. If there are already files there, overwrite them with the new ones.

5. All done! Start up your wallet again, and it will sync itself with  the remaining time that has passed since the blockchain download was created.

Author: BurstFAQ
Last update: 2017-08-23 01:58


When I try to use a faucet, it says "sorry, faucet could not access wallet in order to send your burst. please try again later." What does that mean?

So, you have downloaded your wallet, and are all set to go. All you need is a couple burst to complete the set up. You go to a faucet, and it tells you:

sorry, faucet could not access wallet in order to send your burst. please try again later.

With the rising populatiry of Burst, the faucets are dry more often than not. The people running these faucets are donating their own Burst to keep them running, and it gets expensive. So, many times there is no Burst to give out. A list of available faucets is kept here:

Free Burstcoin Faucet List

That is the best place to check all of the faucets that exist. That doesn't mean there will be any available coins, though. It also gives you a couple other ways to get coins, so it's worth checking out.

Author: BurstFAQ
Last update: 2017-06-25 16:03


Where can I discuss Burstcoin with other miners, traders and enthusiasts?

Burstcoin is a largely community driven coin. There are many different places where you can discuss the coin, other cryptocurrencies, and talk about general off-topic things.


Discord:

Discord is an application that can be used as a web-app, a mobile app or a desktop application. It is primarily used for gaming communities, but is also commonly used for other tech-based topics, such as cryptocurrency. Discord can be used without downloading anything or even creating an account, but it is highly reccommended that you create an account and download the application on any device.

Some of the Burstcoin related discord groups are linked below:

Burst Discord

BurstNation.com Offical Discord


Forums:

There are three forums for Burstcoin

GetBurst Forums is the newest forum with the goal of leaving all of the arguments and drama within the Burst community outside of its walls. It was started by ryanw, a member of the Burst-Team forums, and also an admin of the Burst Discord. 

BurstNation is a Burstcoin fan forum. It has become the largest non-offical Burstcoin forum because of it's founder, youtuber Adam Guerbuez AKA MisterBurst. There are forum pages related to Burst, General Cryptocurrency Discussion and some off-topic discussions aswell. BurstNation is a good place to start for beginners because it contains downloads, and tutorials for almost everything to do with Burstcoin.

Burst-Team.us is an official Burstcoin Forum. The forum is more focused on Burstcoin than BurstNation and usually contains more detailed explanations of Burstcoin features. Many advanced Burstcoin users go to this forum as they can discuss more technical features.


Written by Tom - BURST-2KJD-6QTL-HC6G-BLDDR

Edited by BURSTFAQ on 8/22/17

Author: Tom
Last update: 2017-08-23 01:27


How do I (securely) access my burst wallet dashboard from a remote computer?

Provided you have a wallet on a remote (linux) server, and that remote server does not have a desktop environment you can easily access, here is how you can display your wallet dashboard on your laptop.

You can use ssh local forwarding to have a local port forwarded over ssh to your remote server and port, like this:

ssh -L 8888:localhost:8125 root@your-remote-server-ip

The user does not necessarily has to be root, it can be any other user with ssh access. The local port (8888 in this case) can also be anything you want, just pick a high number that is not currently in use on your local machine and it will work.

 Then, open up your browser and type http://localhost:8888 and you will get the login screen!

BURST-L8QN-JWD5-8F8A-B4S8R

Author: Diego
Last update: 2017-08-23 01:59


What is Burstcoin?

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

Author: sevencardz
Last update: 2017-08-23 05:09


Burstcoin Tutorials

A Beginner's Guide To Installing the Burst Core Wallet

NOTICE - THIS TUTORIAL IS NO LONGER VALID AS BURST IS USING NEWER/BETTER SOFTWARE. PLEASE FOLLOW THIS TUTORIAL IF YOU ARE USING WINDOWS:

https://www.ecomine.earth/qbundleinstallguide/

OR, GO TO THE GETBURST FORUMS TO GET FURTHER HELP https://forums.getburst.net/

 

 

Even though AIO wallets exist out there to make it easier to get involved in Burst, it's actually much better to start with the basics so you can understand everything as long go along. You will run into situations where you need to do things outside of the capabilities of the AIO wallets. This tutorial is going to walk you through getting Burst Core completely set up on your computer.

Sections Of This Tutorial

 

Requirements For This Tutorial

  • Synchronized Computer Clock
  • Windows 7 or 8 64-bit
  • Java 64-bit
  • Dual-Core or Better CPU
  • 4GB RAM
  • 10GB Hard Drive Space

Requirements - Your Computer

Burst can actually be installed on a 32 bit system and will hobble along for a bit, but you will constantly be running into errors. So, you will need a 64-bit operating system to even start anything. Don't try to continue without that. It's possible that these limitations will change in the future, but this is how it is at this time. Burst can actually run on a single core CPU, and 2GB of memory, but for a decent experience, it's best to have what is listed at minimum.  Having a running local Burst wallet actually uses up less than 6GB of space at the time I am writing this, but it's best not to cut that short. The database grows every day, and other things on your computer need access to free space as well. It would be best if you had a lot more free space than 10GB, but that's getting into other issues not related to Burst.

Requirements - Time Sychronization

It's extremely important that your computer's clock is synchronized to a standard time server.  Why? Your clock needs to be essentially at the same time as the rest of the network, or the information that is shared between you and the network won't match. If information such as a transaction doesn't match, it won't be counted as valid, and the rest of the network won't recognize it.

So, what we're going to do is install a program that checks your time against a clock that a;ways keeps correct time,  and if needed, adjusts your computer's time to that time. Click here to go to the NetTime download page. Once there, under "Download" click on the link under the "Current Stable Release" and save it to your computer.

After it has finished downloading, run the program by either doube clicking on it, or choosing "Open" or "Run" through your browser. You will most likely get a warning that wants you to confirm if you want to run the program. Yes, you do.

 

Unless you want to change anything with the installation for some reason, keep clicking "Next" and you will get to an option that is checked that says "Install As Service". This enables the clock to run in the background, and always start up when you turn on your computer. Leave that checked, and continue clicking next, until the "Install" button appears, and click that as well. When it's done instsalling, it will have an option checked to start NetTime now, and you can leave that checked and click "Finish".

Requirements - Java

Next up is Java. Burst is programmed in Java, so you need to have that installed to be able to run it. What we'll do first here is to see if it's already installed. If so, we are going to uninstall whatever is there, and install the most up to date version. 

Go into Control Panel -> Programs -> Programs and Features -> Uninstall a program (Windows 7 & 10) OR

Type in "Add or remove programs" from search bar (Windows 10)

Uninstsall all java versions you have. It's possible that you have a 32-bit and the 64-bit version both installed. Just to ensure that everything is correcly installed, we're just going to wipe it all clean, and put in the correct version. 

Now go to this web page here, https://java.com/en/download/manual.jsp, and download the "Windows Offline (64-bit)" , and run it just like you did the NetTime download. It will walk you through the istallation process, and get you all set up.

Ready to Get Burst Core

Ok, everything is setup and ready for you to download the Burst Core software. Go to http://burstwallet.io, and in the menu on the right under "Choose Your Wallet", go to "Burstcoin Core Wallet (All OS)" 

Right click on the large Download link and choose "Save As".

 Navigate to your desktop and save the file there.

Now,  you can either open the file you just downloaded by finding it on your desktop, and double clicking it, or choose "Open" from your browser.

You will see these files appear in a window.

Now, right click on your desktop, and from the menu that appears choose New -> Folder.

An folder icon will appear with the cursor flashing in it. We'll name this folder BURST.

Now, go back to the window you just opened from the Burst Core download.  Select all of the files you see there, and drag them over the the new BURST folder you created. A copying messge should come up that will show you the progress of the files being unzipped and copied to their new home.

You can now close the window where you had drug all the files from. Just in case, don't delete the Burst Core download, you may need it again in the future. Or, you can just as easily go back and download it again.

Ready to Synchronze The Burst Blockchain

You have probably heard the term "blockchain" used many times on your way to finding Burst. Basically, the blockchain is all of the records and information for the Burst network. It's the entire Burst history of everything everyone has done with Burst. The accounts, the transactions, the addresses...everything all kept in order, and all publicly viewable. All of this information is organized neatly into "blocks" and stacked on top of each other into a chain. What you need to do now, is get the Burst blockchain.

There are a couple ways to do this, and I'll go through the easy, but longer way. If you want to do it the faster, and slighly more difficult way, click here to downlaod and install the Burst blockchain.

So, you should have the BURST folder that you created on your desktop open, and all of the files that you downloaded are in there.

Doube-click on the file named run.bat

This will open up the Burst Core client and you will see a bunch of text scrolling by.

What it's doing is connecting to the network. After it gets some connections established to other Burst servers that are running, it'll check to see if it has an up to date blockchain. You won't have it, so it will start downloading it. What it will do is create a new folder named burst_db in your BURST folder, and will be processing and adding the blockchain history to a couple files in there. These files are burst.mv.db and burst.trace.db . Now, this process will most likely take a couple days, so you need to leave your computer running and connected to the internet. You can go about whatever else you need to do on the computer.

**PLEASE NOTE** If you need to close down the Burst client, or reboot your computer, you should try to do so "gracefully". First, click on the window of the Burst client program. Next  hold down the Ctrl button and hit the C button twice. This is the best way to shut down Burst to keep the blockchain file from being corrupted. **

You'll see on the screen that the Burst client is processing blocks, and will do so until it catches up with the current block. This can take anywhere from several hours to days. The speed of this is determined by a lot of different factors...servers you are connected to, your internet connection, your computer speed, etc.

Ready To Burst

Now, you should have the Burst Core client installed, and you're ready to create your first account. 

Author: BurstFAQ
Last update: 2018-01-07 18:16


How to plot your hard drive for Burst using Xplotter

Goodplanets here and today we're going to talk about mining BURST coin with your spare HDD disk space.

First thing's first, you'll need to understand the fundamentals of Mining.

-BURST is mined via the POC algorithm. Below I'll link the definition of this algorithm.

Wikipedia_Proof_of_Capacity

Dedicating disk space to BURST means you won't be able to use it otherwise so make sure you can truly afford the space to dedicated it solely to mining BURST for a long term.

HDD disk space dedicated to mining BURST will be occupied by Plot Files. Plot files are like enormous bingo cards that contain pre-solved responses to the cryptographic problem that the blockchain poses to miners each and every round. Plot files require a great deal of time and processing power to create.

Plotting the disk space you wish to dedicate to mining BURST can be accomplished multiple ways but in this tutorial we will be using XPlotter a CPU based plotter that automatically plots your disk optimally. This means your plot files will be of the highest quality.

I use this plotter exclusively because I trust it the most.

-Download and extract Xplotter to your desktop or a local directory of your choice.

Download_Xplotter

Now let's talk about plot files so you can get the gist of the nature of these things.

Plot files consist of nonces which contain the cryptographic solutions you'll be mining.

-262144 bytes = 1 nonce

Plot file size is measured in nonces so you'll have to convert the size of your dedicated disk space to nonces. I'll hook you up with a calculator when that time comes.

Also something very important to understand:

-Nonces are ordered linearly in sequential order. the number they're assigned to is arbitrary but they should never overlap. (overlapping reduces plot efficiency and triggers an error in most mining software)

With Xplotter that's all the technical knowledge you need to operate the software and create an optimized plot file.

To execute Xplotter to create a text document and save it as run.bat. this batch file will tell Xplotter where and how much to plot and the resources to consume to do so.

-Now let's go into the Xplotter directory and create new text document and paste this command line into the notepad:

@setlocal
@cd /d %~dp0
XPlotter_avx.exe -id XXXXXXXXXXXXXX -sn O -n P -t Q -path Z:\plots -mem yG

And we will now fill in the blanks regarding the variables in italics.

-id = your wallets numerical code. This can be located at

http://localhost:8125/burst?requestType=getAccount&account=BURST-WALL-ETAD-DRES-SHERE

-sn = Starting Nonce (if this is your first time ever plotting I recommend you start your nonce with 0 [ZERO])

-n = Total nonces (Here's a calculator for that: http://noncescalc.esy.es/)

-t= Threads (this refers to your machine's CPU architecture. you should see if it has multi threading otherwise put '1' here)

-P= Path you wish to have your plot file. (mine look like this 'D:/Burst/Plots' any path will suffice really)

-mem= Gigs of RAM you wish to consume during this process.

Never exceed recommended RAM usage! Always leave like 20% remaining RAM for remedial tasks.

Once you've filled out your text document to customize Xplotter to plot your available hard disk space and to limit the resources it will consume then SAVE AS 'run.bat' in the Xplotter directory.

To maximize Xplotter's plotting power you're going to want to right clickthe run.bat and select 'run as an administrator'.

This process will consume a great deal of resources if done correctly. You want to plot as fast as possible so crank up the RAM and Thread count if you can.

This may take a while depending on the size of your plot but you can run multiple instances of Xplotter if you have multi threading!

-Add one to the last nonce to get the starting nonce of your next plot file. remember sequential is good, overlapping is bad.

-Keep a record of your command line(s) that you're currently using so that if you need to pause Xplotter you can re-initiate the same plot by executing the EXACT same command! Neat!

-alright, repeat these steps if you'd like to create multiple plot files. We recommend you make your plot files Large but not greater than 7.7TB.

So now your plotting! be patient! the BURSTies will soon be coming to you.

Check out my next BURST instructional on Mining BURST: Which Miner's Best For You?

 

The author welcomes donations if you find this guide was helpful!

BURST-YL97-TVHB-S6BA-6Y5EG

Author: Goodplanets
Last update: 2017-08-04 23:05


Using Your BURST Wallet - An Introduction to General Functionality

Goodplanets here and today I want to talk about general BURST wallet functionality but first if you haven't checked out "Diving into BURST coin Step #1: The Wallet" then please do so by clicking the link below. v

http://burstfaq.com/content/10/35/en/how-can-i-set-up-and-install-a-burst-local-wallet.html

So where we left off you installed the latest local BURST wallet and edited your wallet's code to limit RAM usage and you synced your wallet's blockchain database. So you should now be ready to go!

Alright now that you're caught up I'm sure your wondering, "How do I use this wallet?"

First, we're going to address the BURST wallet login portal.

-Open your local BURST wallet's directory

-Double click the run.bat batch file in the main folder

-type "http://localhost:8125/index.html" into your browsers address field and go there.

Second, either request the BURST platform to assign you a randomly generated passphrase by clicking the text below the passphrase entry field that reads "Don't have an account? Click here to create one!" or make a passphrase up yourself and enter it into the 'Your Passphrase' field.

MAKE SURE TO BACK UP YOUR PASSPHRASE THEN AND THERE, DO IT NOW! LOST PASSPHRASES CAN NOT BE RECOVERED, EVER!

OK, So you've entered your passphrase into the field, right?

-Now login by selecting the arrow on the right of the 'Your Passphrase' field.

Now you have the BURST wallet's HUD.

Allow me to highlite what you should note as important attributes of the BURST wallet HUD.

-Top Left: your wallet's name

-Top Right: Send Burst / Message

-Along the Left: Advanced BURST Wallet Functionality

-Center: Your recent transactions (which you should have none at this point)

-Bottom Right: The 10 most recent blocks on the block chain.

Now we can get started with some fun stuff like funding your BURST wallet and naming your BURST wallet.

There are a couple of ways you can get started. FYI all BURST transaction on the BURST network have a fee of at least 1 BURST so you'll be needing some BURST stat!

If you can't score burst on your own then just hit this faucet up for a burst or two so you can begin to explore the general functionality of the wallet.

-Either acquire some BURST from a friend or an exchange

-Or you can check out a faucet for a small sum of BURST

http://burstfaucets.com

Now that you have some BURST in your wallet let's finish this instructional by naming our new BURST wallet.

-Click text in the top right of the wallet that reads "NO NAME SET" and you'll see the wallet's window pop up allowing you to name and describe your BURST wallet.

Use only alpha numerics letters A-Z and number 0-9 to name your new BURST wallet! punctuations are ok to put here too like ! < . > and +

After a confirmation your wallet will be recieved by others by the title you've named your BURST wallet!

Sending BURST to others is fairly self explanatory just remember to keep your BURST wallet passphrase handy but SECURE as well.

Happy BURSTing!

 

The author welcomes donations if you find this guide was helpful!

BURST-YL97-TVHB-S6BA-6Y5EG

Author: Goodplanets
Last update: 2017-08-09 00:22


Burstcoin Plotting

Can I copy my existing plots to another drive instead of plotting it?

Although you can copy a plot file from one drive to another, you will only be creating a duplicate plot file and that will not increase your mining capacity.  Instead, you will end up with two overlapping plots and most mining software will complain if you try to mine with overlapping plots.

You can think of each nonce in your plot file as a lottery ticket.  If you had two lottery tickets with the same numbers on each ticket, then your chances of winning would be the same as only having one ticket.  Likewise, you will have to plot each of your drives in order to create more unique lottery tickets (nonces) to increase your chances of winning each round.

Author: BurstFAQ
Last update: 2017-08-22 07:22


Which plotting method should I use?

The best plotting method for you will be the one that can be setup quickly and reliably, so that you can start mining coins ASAP. There are two methods for plotting. One method uses the CPU and the other uses the GPU to plot. Each plotting method will have advantages and disadvantages.

While the GPU plotters are typically faster, the main drawbacks are that is more difficult to setup initally, doesn't work well with Nvidia GPUs, and the plots will be not be optimized (once the plot finishes, you will have to go back and optimize it with another program; you will need two times the size of the plot to convert an unoptimized plot to an optimized one).

Conversely, the CPU plotters are slower but the setup process is straight-forward using the all-in-one (AIO) wallet and the plots will be optimized from the start. Unless your CPU is much older than your GPU, I recommend using the CPU plotter and setting the thread count to 2 less than your total thread count. For instance, a quad-core process with hyperthreading such as the 7700K has 8 threads, you would set the thread count to 6 threads. This leaves extra CPU overhead so you can use your computer while you plot.

 

Did you find this answer helpful? Donate Burst: GDCT-V235-TETS-6D6ZJ

Author: Virtueous
Last update: 2017-07-04 23:59


What should I do to prepare my hard drives for plotting?

  1. Enable disk write caching on your drives.
    Disk write caching is frequently disabled on external hard drives by default.
    Write speeds can drop to 20 MB/s or less if disk write caching is disabled.

    Start > Windows Administrative Tools > Computer Management > Device Manager > Disk drives > Right Click a drive > Properties > Policies > Enable write caching on the device



  2. Perform a full format on your drives.
    Fully formatting your drives will identify any bad sectors and help prevent write errors while plotting.  If a drive is going to fail then you want it to fail within the return period to the retailer (RMAs are slow).

    File Explorer > Right Click a drive > Format...
    File system: NTFS
    Allocation unit size: 64 KB (optimized for large files)
    Format options: UN-TICK Quick Format (ensure a full format is performed)
    NOTE: A full format on an 8 TB drive can take up to a day to complete.



  3. Do a S.M.A.R.T. health check on your drives.
    Download and run CrystalDiskInfo http://crystalmark.info/download/index-e.html to check the S.M.A.R.T. status of your drives.
    The utility should report the status of all of your drives as GOOD.



    Heat will reduce the lifespan of your drives so it is wise to employ an active cooling solution (fans).
    NOTE: A drive will dissipate heat more effectively when laid flat on its side.

 

Author: sevencardz
Last update: 2017-08-22 04:46


Can I use another computer to plot my hard drives and then move them later?

Yes, plot files are simply unique sequential collections of nonces which are tied to your numeric account ID.  Hard drives with plots on them can be moved from system to system and plot files can be copied and deleted just like any other digital file.  Be sure to update the configuration of your mining software so that it knows where to find your plot files after you move them.

Author: sevencardz
Last update: 2017-08-23 18:02


What is the best size for a plot file? How large should my plot files be?

In general, it is wise to make your plot files as large as possible so that the mining software does not have to wait for your hard drives to seek and find a bunch of small plot files each round.  Having too many plot files on a hard drive could potentially slow down your scanning speed for mining.  This rule applies mostly to HDDs because the size of plot files on SSDs has no significant impact on scanning speed due to SSDs having entirely different architectures and vastly increased speed overall as compared to HDDs.

When it comes to plotting large hard drives, I prefer to make all of my plots 2 TB in size.  This keeps the total number of plot files low while also making it relatively easy to move the plots to any other 2, 4, 6, 8, or 10 TB drive as needed.

Author: sevencardz
Last update: 2017-08-24 03:08


Burstcoin Mining

What does setting my reward recipient do, and how do I do it?

Setting your reward recipient before mining on a pool delegates your mining rewards to the pool's wallet instead of yours. So, if you mine a block while mining on the pool, the block reward goes to the pool's wallet to be distributed among the miners.

If you are running a local wallet, you can just go to http://localhost:8125/rewardassignment.html in any web browser on your machine. At the bottom, it says "Set reward recipient:" Put  your password for your wallet in, and also the reward address of the pool you are joining. You can usually get this address on their website, or "how to" page.

When you press the submit button, you will get a bunch information printed out that doesn't make sense to you, but it's ok! Log into your wallet, and you can see the 1 burst transaction you just did. Wait until the Conf. is 4 for that transaction, and then you can start mining on the pool.

You can set the reward on an online wallet as well, just add /rewardassignment.html at the end of the address of the wallet instead of index.html.

Author: BurstFAQ
Last update: 2017-08-23 01:48


Is there a burstcoin calculator to help me figure out ROI on burst mining?

Yes, there is a calculator. You can use it here:

Burstcoin Calculator

There is also a currency converter on the page that converts Burst to Bitcoin, USD, and EUR.

People end up being unhappy with the calculator a lot though, and I'll tell you why. What the calculator does is estimate the probabilit of your mining a block over time. So, it takes the current difficulty, and then tells you about how much Burst you should earn each day/week/month. In reality, you will earn different amounts every day...maybe even zero, or maybe thousands! This is just an average over a long peroid time...a month's worth of mining would give you a better idea.

The other thing that the calculator doesn't take into account is that the difficulty changes. The mining difficulty has been steadily increasing, so every miner will continuously be earning less and less over time.

So, this is a nice tool to use for an idea of what to expect, but your actual results will most likely be different.

Author: BurstFAQ
Last update: 2017-07-02 21:17


How does mining work?

Mining is done through an ongoing series of rounds to create and add new blocks to the blockchain.  This process serves as the engine that confirms and archives all transactions on the Burstcoin network.  Its continued operation is of vital importance to the utility of Burstcoin, which is why miners are continually rewarded by participating in this system.

When a round starts, all miners begin scanning their hard drives attempting to find the best solution for that round, also known as a deadline.  The miner who has found the best (shortest) deadline for that round is then able to forge the next block on the blockchain and so that miner wins the reward of Burstcoins for that round.  A miner's chance of forging a block at any given time is based on that miner's plotted capacity relative to the plotted capacity of all other miners on the network (network difficulty). 

The details are much more complicated and I encourage you to explore those further, but that summarizes the basic concept.

Author: sevencardz
Last update: 2017-08-23 04:50


What do I need to start mining?

To get started mining Burstcoin, you will need: 

  • A computer, of course.  A desktop PC of some kind is ideal.
  • A steady internet connection (very little bandwidth is used).
  • Some free open-source software: Wallet, Plotter, Miner, Utilities, etc.
  • A free Burstcoin account (created within your wallet).
  • A few coins so you can set your reward recipient, if desired.
  • Some hard drives (more is better).

In order to mine your hard drives, you will need to plot them first.  In order to plot your drives, you will need to make a Burstcoin account.  The more plotted hard drive capacity you actively mine, the more Burstcoin you will potentially earn.  Of course, you can mine Burstcoin using any type of storage device that can be scanned by the mining software, but the best price-to-performance ratio is found with large capacity hard drives.  Therefore, to be effective at mining, you will need a machine capable of plotting and scanning your hard drives as quickly as possible.

Author: sevencardz
Last update: 2017-08-23 03:34


Burstcoin Hardware

How should I connect my hard drives for mining?

Modern hard drives are usually connected via SATA III internally or USB 3.0 ports externally and these connection methods are ideal for Burstcoin mining.  SATA is limited to one device per port, but USB 3.0 allows you to daisy-chain multiple drives from one port using a USB hub or similar device.  However, be aware that you can quickly saturate the USB 3.0 controller by connecting too many drives, which will then slow down your scan times for each round (that's bad).  Both SATA III and USB 3.0 expansion cards can also be added via the PCI-e bus to add even more drives to your system.

USB 3.1 Gen 2 roughly doubles the bandwidth of USB 3.0, but it is not widely adopted yet.  USB 2.0 is far too slow for mining, unfortunately.

Typically, several USB ports are connected to the same controller on the motherboard or PCIe card to which they are mounted.  As a rule of thumb, connect no more than seven 5 TB or four 8 TB drives per USB 3.0 controller to avoid bottlenecks.

  • SATA III or eSATA is limited to one drive per controller.
    Maximum speed: 750 MB/s (6 Gbps).

  • USB 3.0 can handle multiple drives per controller.
    Maximum speed: 640 MB/s (5 Gbps).

  • USB 3.1 Gen 2 can handle multiple drives per controller.
    Maximum speed: 1280 MB/s (10 Gpbs).

Visit the Wikipedia page for more information about SATA: https://en.wikipedia.org/wiki/Serial_ATA
Visit the Wikipedia page for more information about USB 3.0: https://en.wikipedia.org/wiki/USB_3.0

Author: sevencardz
Last update: 2017-08-23 03:31


What kind of hard drives do I need for mining?

For the purposes of mining Burstcoin, you are only concerned with getting the largest capacity hard drives at the cheapest price you can find.  However, it is prudent to consider how you will plot your hard drives before you do anything.  There are two hard drive technologies you need to be aware of before you start plotting:

  1. Perpendicular Magnetic Recording (PMR).  Most hard drives use PMR technology and these drives are ideal for both plotting and mining.  For plotting, I typically prefer to use two or more 7200 RPM consumer NAS drives from HGST or WD due to their speed, reliability, and 3 year warranties.

  2. Shingled Magnetic Recording (SMR).  Only a few consumer hard drives currently use SMR, but these drives are ideal for mining due to featuring large capacites at lower cost.  However, plotting directly to SMR drives is painfully slow due to the extremely low random write speeds of these drives.  It is typically faster to plot to a PMR drive or SSD and then copy the plot files over to an SMR drive later.

Author: sevencardz
Last update: 2017-08-22 04:50


How much hard drive capacity do I really have?

Drive manufacturers measure storage capacity in decimal (TB) units rather than binary (TiB) units.  This leads to much confusion because real-world applications almost always use binary units.  To add to the confusion, the IEEE standardized unit notation is often used incorrectly or interchangeably.  No, hard drive manufacturers are not cheating you, they are simply using different units of measurement.

  • 1 TiB = 1,099,511,627,776 bytes as measured in binary.
  • 1 TB  = 1,000,000,000,000 bytes as measured in decimal (about ~0.91 TiB).

The IEEE standard is described here: https://en.wikipedia.org/wiki/Byte

Author: sevencardz
Last update: 2017-08-23 07:31


Burstcoin Software

How do I set up a Burstcoin Wallet and how do I keep it secure?

A burstcoin wallet is fairly easy to set up. The easiest and fastest way to set up a wallet is to use an online wallet server. I will show you how to make sure this wallet is secure.


Step 1) Go to an online wallet. I recommend This Wallet as it is well known and secure.

Step 2) Unlike what most tutorials would say, I do not recommend pressing "Don't Have An Account?". Go to the website "random.org/passwords" and use this tool to generate 5 random passwords that are 20 characters long.

Step 3) Open up a text file and paste these five passwords ALL ON ONE LINE and save.

Optional Step) Save the newly generated password in an encrypted password storage application such as Lastpass or Keepass.

Step 4) Go back to the Wallet webpage and paste your newly generated, 100 character password into the "Passphrase" field and then press the arrow.

Step 5) To secure the wallet, fund your account by visiting a faucet site to get a few free coins. A commonly used one is burstcoin.biz/faucet. Make sure you enter your Address which can be seen on the top left of the wallet page (It begins with "BURST-"). Make sure you DO NOT enter your passphrase!!!!!

Step 6) Wait a few minutes for the funds to be transferred.

Step 7) You should now see that your wallet's account balance will be 1 or 2.

Step 8) In the top left you should see "No Name Set" click this and choose a wallet name. You may also be asked to enter your passphrase again.

Step 9) Wait a few minutes for the transaction to be confirmed!


You are now ready to begin using Burstcoin securely.

Remember to NEVER give ANYONE your passphrase!


Written By Tom - BURST-2KJD-6QTL-HC6G-BLDDR

Author: Tom
Last update: 2017-08-23 01:59


How can I set up and install a Burst local wallet?

Goodplanets here and in this instructional I'll be talking about setting up your local BURST wallet.

There are many BURST wallets on the interwebs, local and online, but in this instructional I'll just be talking about one wallet in particular, the local wallet. It's light weight powerful and highly stable once you adapt it to fit your computers capabilities.

First of all you can get your local BURST wallet from the developer himself at Github.

Here's the link:

https://github.com/dawallet/burstwindowswallet

Make sure you have the latest version of Java 64bit installed on your machine by the way.

Now extract the download to your desktop or to the directory of your choice.

I use 7-zip to extract my files because it's free. you can find that by googling 7-zip.

Now that you have the wallet extracted the first thing you'll want to do is add a simple line of code in the run.bat file to limit the programs RAM usage.

Update the run.bat batch file in the wallet using notepad to limit ram usage. This prevents java from crashing if the network is really busy.

This line will limit ram if placed properly in the run.bat code.

                 '-Xmx*n*G -Xms*y*G'

 -*n* = largest amount of acceptable ram the wallet/node will consume e.g. '2'

 -*y* = least amount of acceptable ram allotted to the wallet/node e.g. '1'

  *n* must be less than total available ram on your machine.

This code must be placed here in your run.bat file.

Great! now you have a super stable wallet. Next let's sync your wallet to the BURST blockchain.

You can sync your wallet to the BURST blockchain one of two ways.

  • One way is to download the chain from scratch.

Your wallet will begin to sync by downloading the blockchain from scratch automatically when you start it up.

Just double click the run.bat file we edited. This may take a little while.

  • Another way is to download the database from a trusted source and insert the database into the proper folder within the wallets directory.

Here's a link for a database that I trust.

http://burstwallet.io/burstcoin-blockchain-download/

Once you've downloaded this link you'll want to extract or unzip the file using the decompression software of your choice to the proper directory within the wallet's folder: burst_db if it's not there create a new folder and name it 'burst_db' before extracting.

You'll want the contents of your wallet's 'burst_db' folder to look like this:

Now that you have a blockchain database in your local wallet's 'burst_db' directory double click the run.bat file. Your BURST wallet will likely need to sync the last % or so of the blockchain, it will do this automatically. Syncing from this point should only take a moment.

Here's an image of a french BURST wallet syncing so you can sort of know what to expect.

While you wait for your wallet to sync let's expand your peers list so you have greater network connectivity. Here's what you do:

-Open your local wallet's directory and open the folder titled 'conf' and edit your wallets 'nxt-default.properties' file in notepad to include a large list of well known peers.

-you can find a peers list on the forums. here i'll post the link.

https://forums.burst-team.us/topic/7573/well-known-peers

I suggest placing this peers list after "nxt.wellKnownPeers=" and "burst.rebroadcastPeers="

Great you've got a super stable wallet fully synced with robust connectivity with the BURST network, your Ballin' out of control!

Now what's next?

See what's next in my next BURST instructional here on Steemit about securing your wallet with a strong passphrase and naming your BURST wallet and other general wallet functions.

As always, like, comment, share and subscribe and Happy BURSTing

 

The author welcomes donations if you find this guide was helpful!

BURST-YL97-TVHB-S6BA-6Y5EG

 

 

Author: Goodplanets
Last update: 2017-08-23 02:00


Burst Asset Exchange

How do I invest in burstcoin without having to mine it?

First you have to get the bitcoin, unless you already have some. It is quite painstaking process but if you do your research it shouldn't take you more than few hours to get your first bitcoins.

Now for the exchange sites. I have completed many trades with poloniex and so far I haven't had a single problem. Poloniex is the largest burstcoin exchange site and over 75% of all burst is exchanged there. Another one is Bittrex with around 20% of burst exchanges.

Last option is to exchange with someone on forums. But beware of scammers and make sure you are trading with reputable user.

feel free to donate: BURST-HUHF-GVRY-6ADP-BUVE3

Author: Matej
Last update: 2017-07-06 19:50


Burstcoin Pools » Ninja Pools

What do the numbers in the Ninja Pools mean ?

A number of people have asked what the various columns on the pools mean, so I figured I'd put out a post explaining it all.

On the left hand side:

0_1465424529452_upload-debffb7e-e255-4fa9-89c6-7d9892174646

Account and deadline should be pretty self-explanatory.
The Share value is the percentage of how much you'll earn of the Current Block portion get if we mine this round.
~Reward is approximately how much you''ll get paid from the Current Round Portion portion if we mine this block.

Likewise on the right hand side:

0_1465424713651_upload-e060c16b-215f-4e16-9c46-a2d78d1879a0

Account is obvious.
~Capacity is an approximation of your plot size. If you use Blago's miner it will be acurately reported by the miner, otherwise it's estimated off your submissions. If you mine on multiple machines using Blago's miner, only the capacity of one of them will be reported.

Share is the % of the historical portion you'll get if we mine this block.
~Reward is approximately how much you''ll get paid from the historical portion if we mine this block.

When the pool mines a block you'll get paid the Total of the left hand and right hand rewards for your account, after 4 more rounds.

The coin pays out 60% to the miners in the round we won, and 40% based on the historical value.

The historical portion is based on your submissions for the last 50 rounds.

The numbers in Total Earned are as follows:

The last or only number is the total amount of Burst you've earned from the pool.

The first number(s) (if present) will be followed by a letter which have the following meanings:
D - Burst earned but not yet paid out.
Q - Burst queued to be paid out.
U - Burst paid out, but not yet confirmed.

Payouts occur when your balance is over 300, or your payments have been deferred for 360 rounds ~ 24 Hours.

Author: BurstH
Last update: 2017-08-23 01:55


Burstcoin Pools » Lexitoshi Pool

What is the Payout Minimum?

The Minimum Payout is 250 Burstcoin. Plain and Simple. Payout is instant when the pool has a positive balance.

 

 

Author: NSA
Last update: 2017-08-23 02:01


What is Lexicon's Pool Fee?

The Pool Fee is a minimum 1%

Author: NSA
Last update: 2017-08-23 02:03


What is the Transaction Fee?

Transaction fee is 0.5% (or minimum 1 burst as required by the network)

Author: NSA
Last update: 2017-08-23 02:04


What is the Share Value Reduction?

By default, the Share Value Reduction is set to 50% per block. if pool on current round does not find a block, miners shares are keep (up to 50 blocks), but their value is reduced by 50% everytime we dont found a block. when pool has positive balance, all share are summed up to block# where payment will be made, and burst payment are made proportional to total share miners own up to this time

Author: NSA
Last update: 2017-08-23 02:04


What is Block Forward Allocation?

if pool has a balance (lets say 10000 burst), 5000 are distributed for miner proportional to their shares up to current block as payment, the rest 5000 burst will be allocated and paid for next round, (whether we found a block or not), this allocation continue until pool balance is drained out

Author: NSA
Last update: 2017-08-23 02:05


What is the Minimum Deadline for the Pool?

The Minimum Deadline for the Lexicon Pool, is 2592000 seconds. That would be 30 days. 

Author: NSA
Last update: 2017-08-23 02:05


How are the Share Values calculated?

There is an equation for this, which is noted below if you’d like to check it.
Share = 1000 / (NetDiff * Deadline + 1) 0.75
Where NetDiff (network difficulty) is calculater by Block0-BaseTarget / Block#N-BaseTarget

Author: NSA
Last update: 2017-08-23 02:05


How do I see when I'll be paid?

You can easily check our Pool Website and You will see a “Pending” Tab on the bottom right of the website. Find your Burstcoin address, and you will be able to see what your current earning are. Please allow 1-2 hours for the Pending queue to update with any new shares earned.

Author: NSA
Last update: 2017-08-23 02:06


What is Payments & Pending?

Payments, is all payouts to active miners.
Pending is the next Pending Payout to the Miners. You can check yours here

Author: NSA
Last update: 2017-08-23 02:06


What are Current Shares?

Current Shares, are the shares for the current block. These numbers may change.

Author: NSA
Last update: 2017-08-23 02:06


Why doesn’t All Shares / Current Shares show anything?

Sometimes I disable one of the front end blocks for user performance reasons.

Author: NSA
Last update: 2017-08-23 02:06


What is Lexicons Burstcoin Pool address?

Author: NSA
Last update: 2017-08-23 02:07


What is the Burstcoin Pool Recipient Address?

BURST-F3XD-Y4M5-SN8C-G9FFJ

Author: NSA
Last update: 2017-08-23 02:07


How Do I get Help If I need it?

If you have further questions, please feel free to ask on Burst-Team.us or 
Come to the Burst Discord right here:  https://discord.gg/JAeBtdt

Author: NSA
Last update: 2017-08-23 02:07