However, all of the proof of stake chains have a flaw yet to be addressed. Since the "nothing-at-stake" problem exsist within all of these chains. It simply means

- that far too little work is required for working on multiple chains. Proof of work -realised even by then- hogs up unexpected amount of power, so is not an ideal choice.

- consuming too little , proof of stake is on the opposing end of the scale.

August, 2014

If, Bitcoin with its limited features and high power consumption, can be called the first generation of crypto, NXT would be the 2nd generation of coins offering more than

transaction of value, but exchange of messenges and encrypted data. But, while addressing the high power requirements, it allso went to tip the scale over.

For this reason, the 3rd generation of crypto coin was made, as a fork of NXT. Addressing the issues of lack of decentralization, waste of energy, unfair releases,

supremacy of big miners and corporations. It is the first cryptocurrency secured by the Proof-of-Capacity algorithm.So not only just solving all issues of the previous generations,

BURST coin allso managed to introduce a brand new way of mining. BURST allso had major advances in order to become the most flexible platform for financial solutions regardless of size.

It retained the automated transactions, that are the fore runner of smart contracts used by Etherium blockchain. Burstcoin is mined with harddrives, scanning pre-calculated results from

so called "plot files" generated only once. From then on, the calculations are not performed again, they are stored and reused every block round. This is how Burst can get away with

being far more energy efficient than any proof of work coin, yet still being able to combat the "nothing-at-stake" problem efficiently. And evolution has not stopped BURST just yet.