Burst to Undergo Hard Fork

The first fork of Burst coin is planned to happen around block 470 000, which will be created approximately in the middle of March
22 February 2018   1163

Burst is built with the blockchain technology, meaning that transactions are secured by military-grade cryptography. Burst is ruled by its network of users and cannot be altered by governments. Thanks to the unique Proof-of-Capacity consensus algorithm, miners are paid in burstcoins to secure the network. 

At the beginning of January 2018, Burst team has published its Roadmap for 2018, unveiling the future development plans. The adoption of 2.0.0 version of wallet is going to determine the date of deployment of the upcoming forks.

Once the network shows its support for hard forks, they will be occur according to a certain block height:

  • First hard fork: Includes dynamic block size and transaction fees, the PoC2 protocol and some of the Dymaxion code, but inactive. The fork is planned to happen around block 470 000, which will be created approximately in the middle of March
  • Second hard fork: Implementation and activation of the remaining Dymaxion code. Users should be able to play with it on the TestNet before that
  • Third hard fork: Implementation of the PoC3 protocol

At the moment of press, these are main market parameters of BURST:

Average price: $0,033750
Market cap: $60 761 649
24h volume: $951 026

Monetha is about to release first version of its wallet app

Monetha's MVP to be released on March 21 exclusively for MTH holders in order to make a significant step towards fully working decentralized trust and reputation system
23 March 2018   72

Starting from March 31 all of MTH token holders will gain exclusive access to Monetha wallet app - the MVP of the project. The release is considered to be Beta release, and approximately 10,500 of the users of the platform will become the first to test out the product. The app will be available on both iOS and Android.

The wallet itself is based on smart contracts and features

  • making/solving claims;
  • rating merchants;
  • writing reviews;
  • review of purchase history;
  • see clients' and merchants' trust ratings

The integration with Monetha through the app will allow merchants to accept Ethereum based tokens as a payment and then easily convert cryptocurrency into fiat currency. Monetha's mission is 'to develop and deploy the best transaction system that would be based on enforceable contracts without third party between consumer and merchants and a strong decentralised reputation management system'. Its solution is going to be universal, transparent, self-executing and transferable.

To the moment of the publication, Monetha's market parameters are as follows:

Average price: $0.102597

Market cap: $22,274,083

Volume (24): $435,208