Burstcoin, the self-described token that “enables you to connect people and companies without intermediaries in order to communicate, do business or sign contracts,” has joined the Blockchain Privacy and Security Adoption Alliance, according to a press release from the group.
This will be the 7th project to join this Alliance.
“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,” the release describes. “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.”
The release describes Burstcoin some more, stating:
“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.”
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