While several emerging smart contract platforms make only slight revisions to derivative blockchains, Burst combines several unique features and mechanisms to bring users a truly distinct distributed ledger experience.
In an effort to unite the best of both worlds, Burst uses a main blockchain with customizable, IOTA-like tangles built upon it.
The unique integration of both decentralized systems, along with privacy features from other blockchains, allows Burst to overcome the common issues of energy efficiency, scalability, and speed.
Using a Proof-of-Capacity consensus mechanism, Burst enables users to sidestep additional costs and contribute computing power directly through their hard drives - acting as the only blockchain to enable HDD mining.
Tangle-Driven Infinite TPS. The Burst Dymaxion works by integrating the Burst blockchain as a base layer for toggling the tangles built upon it - allowing for an infinite number of independent P2P payment channels to actively operate separately from the main chain.
Tangles can be customized by network size and validation requirements and exist temporarily or permanently for specific entities utilizing the Burst network, such as banks, financial exchanges, and other payment-oriented institutes.
"With the Dymaxion, the Burst blockchain will become the backbone of a lightning network of colored Tangles The Burst network will be able to handle hundreds of thousands of such scalable payment channels opened simultaneously, hence supporting a potentially infinite number of transactions per second."
In addition to IOTA tangles, Burst utilizes Zcash's zk-SNARK technology and Monero's ring signatures to allow users a transaction concealment option upon creating a tangle.
Burst aims to achieve its ultimate version of the Dymaxion through three hard forks - the first of which took place on June 11th, 2018.
The Burst Dymaxion will be fully enabled with the second fork.
The Linux of Blockchain
Udgivet den Jul 2, 2018
by Cryptoslate | Udgivet den Coinage
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