Burstcoin Joins BPSAA as New Alliance Member

Amzeal News/10390218
NEW YORK - Amzeal -- On November 24th, the Blockchain Privacy and Security Adoption Alliance (BPSAA) announced Burstcoin as its newest member. Burstcoin is the 7th project to join the BPSAA thinktank.

  Burstcoin is the first coin that harnesses the free space on your hard drive for mining and provides a passive income in return, as well as the first cryptocurrency to use the Proof-of-capacity (PoC) consensus algorithm. PoC was designed to be a sustainable, energy-efficient alternative to the proof-of-work model. Compared to proof-of-stake, PoC is considered to be more fair and decentralized. Notably, Burstcoin was the first cryptocurrency to implement Turing complete smart contracts, the first to run a program on top of a blockchain, and has the distinction of being the first to successfully perform an Atomic Cross-Chain Transaction.

  Burstcoin possesses all the features needed to run decentralized programs and services on its public blockchain. Current development efforts are focused on making Burstcoin's smart contract functionality more accessible by creating code libraries. The team recently leveraged the marketplace and asset exchange functionality to create a decentralized peer-to-peer cryptocurrency exchange, BTDex.

More on Amzeal News
  Burstcoin boasts of the following features that can be leveraged to create robust business solutions:

-Smart Contracts (accessible with Java)
-Arbitrary messages
-Offline transaction signing
-Global infrastructure
-Marketplace
-Encrypted messaging
-Crowdfunding
-Impenetrable security
-Asset exchange
-Native Token Support (Creation and Exchange)
-Atomic Cross-Chain Trading
-Shabal 256
-Alias system
-Internal escrow
-Dynamic transaction fees

  The BPSAA is at its core, a think tank. The founding members, Pirate Chain, Turtle Network, Sentinel and Ether-1 established the alliance based on a shared desire to collaboratively improve the blockchain ecosystem. Burstcoin joins the cadre of new members including Ergo and Komodo as the latest member. In addition to the increased brain trust, intangible benefits to alliance members include shared resources, augmented expertise and a potentiated voice empowering the opinions and efforts of the group.

  There are numerous mutual benefits with Burstcoins's addition. First, Burstcoins's team adds extensive experience in blockchain core development to the BPSAA. Second, Burst's decentralized exchange (BTDex) will be a great addition to the vault of privacy solutions being curated by the BPSAA. Furthermore, all BPSAA members will be added to the BTDex platform. As an added bonus, the combined social media reach of all BPSAA members totals 225,000 with the addition of Burstcoin. This has significant impact on the united voice of the BPSAA.

More on Amzeal News
Find out more about the members of the BPSAA here: https://bpsaa.vision/members

BPSAA
Website: https://bpsaa.vision/
Twitter: https://twitter.com/BPSAA_Official
Linkedin: https://www.linkedin.com/groups/12362028/
Flote: https://flote.app/bpsaa
Mastodon: https://social.privacytools.io/@bpsaa

Burstcoin
Website: https://www.burst-coin.org/
Twitter: https://twitter.com/burstflash
Discord: https://discord.gg/S8uxWXntVG
Telegram: https://t.me/Burstcoin

Source: BPSAA
stats
Filed Under: Technology

Show All News | Report Violation

0 Comments

Latest on Amzeal News