BurstCoin
by Burst
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What problem does this service solve?
Burst's unique Tangle-based architecture is designed to improve exchanges of value.
Company Details
- Burst
- https://www.burst-coin.org
- Founded 2014
- Tangle Based Coin
Token Stats
About BurstCoin
BurstCoin is a cryptocurrency with a Proof-of-Capacity (PoC) consensus algorithm. Unlike most other cryptocurrencies, Burst's architecture uses a Tangle (similar to IOTA) instead of relying on a blockchain. It also utilizes ring signatures and other features, in what is called the Dymaxion. The Dymaxion implements layers of tangle-based lightning networks on top of the Burst blockchain. Each of these payment channels is opened in the form of a standalone colored tangle. Burst is also developing atomic cross-chain transactions (ACCT), that will allow for full decentralized trading between two cryptocurrencies.
