Did you see?
So like another type of burstcoin lol
@Blago Maybe someone should tell him that 51% attacks can happen on storage based cryptos as well :D
I'll wait for more info before I start "worrying". It will likely take a year before he releases a viable coin, and meanwhile we have a lot of room for Burst to grow.
What he could have : more media attention because of who he is and his connections
What we have : we're the first, we've been around for years, we have a passionate community, smart contracts and good features from NXT. Hard to beat.
If not, here is the link to his presentation (around 30 mins):
And the link to the slides he presented: https://cyber.stanford.edu/sites/default/files/bramcohen.pdf
But i would like to understand what his idea brings new to the system Burst already has, I know it has something to do with Proof of Time but i don't really get it, although his idea is completely theoretical yet as he states in the Q&A in the end...
I think Burst could use some live presentation like this in order to get awareness to people about what we are and what we have accomplished so far... This may bring a lot of Dev's to help out aswell as thousands of new miners... It would be pretty cool if something like this were to happen in a near future... hehehe
@Gadrah_ I think you are right on the spot but i think he has somethings different in the base algo with the Proof of Time, i just wish i could understand it so i could decide if it would be something feasible or a pipe dream, maybe some of the persons i tagged above could understand and explain it in easier words so we all could have a better idea of what is to face in the future...
It has already been discussed here https://forums.burst-team.us/topic/4501/burst-is-busted
@Energy Yes but this new link have additional information about what he is thinking of doing... ;D
well well well. He decided to choose his own fork of direction instead of bagging burst! if he does make it a reality; its another currency exchange opportunity.
@ZapbuzZ Yes, it looks like he want to create a company and built it over it as far as i could gather from the interview...