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      "title": "Join the Burst Nation. A community for Burst Coin.",
      "body": "Visit us at www.BurstNation.com![burstcoin.png](https://steemitimages.com/DQmSZ7JWceEfVhbreNWTLAti3ony5U1YVU5kAnKqNtRKnPw/burstcoin.png)\n\n\nBURST coin is a digital cryptocurrency and decentralized crypto platform that is used by people all over the world. The Most Popular digital cryptocurrency currently worldwide is Bitcoin, (which is simply a currency, albeit the most groundbreaking currency and technology to ever exist.) BURST is far more than just digital money, BURST is the world’s first crypto platform to have Smart Contracts, (which these days is the most widely known aspect of Ethereum) BURST is also the first cryptocurrency to be publicized for being able to perform direct cross-chain coin transfers (a transfer with no central exchange, also known as “Atomic Cross Chain Transfers”.) BURST also has the busiest decentralized asset exchange in existence, operating on the blockchain. \n\nBURSTCOIN is mined by using hard drive space. This is known as POC Mining Proof Of Capacity, also referred to as Proof Of Space. Anyone can mine BURST Coins by allocating the empty space on their hard drive or multiple drives for the mining procedure. This makes BURSTCOIN the most GREEN, environmentally friendly cryptocurrency to mine, using hardly any resourses and it bought and sold on major cryptocurrency trade exchanges thus providing great value to miners.\n\nThe BURST Nation Team is available along with developers, coders and other experts in technology (and everything blockchain related,) within the busy discussion forums on this hub. Make sure to jump on in, register a username of your choice, and mingle with the community that is growing beyond anyone's expectation. Decentralized blockchain technology at your fingertips, BURST.",
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      "title": "Interoperability Boost: Ripple Sends Blockchain Transaction Across 7 Ledgers",
      "body": "It just got a whole lot easier for banks to do business with bitcoin.\n\nYesterday, Ripple open-sourced the first bitcoin plug-in for its Interledger protocol (ILP), designed to seamlessly let users conduct transactions across a wide range of ledgers.\n\nBy open-sourcing the bitcoin tool, along with another plug-in for enterprise-focused platform Chain, Ripple was able to conduct, in a live demo, a single transaction across seven different ledgers. Conducted at the Blockchain Expo in Berlin, Germany, the single transaction went across public blockchains, private blockchains, a centralized ledger and a traditional payment channel.\n\nWhile no single transaction would likely ever require so many ledger integrations, Ripple CTO Stefan Thomas said the purpose of the demo was to show future users that traditional channels can work in harmony with distributed ledgers.\n\nThomas said:\n\n\"We think that’s where the future is going. We think that in the future all different ledgers will be tied together and transactions will be very seamless. So we want to make sure that our customers are going to be set up for success in that world.\"\n\nIn addition to the newly open-sourced bitcoin and Chain integrations, an Interledger transaction for a \"relatively small\" value was also conducted with Ripple’s native currency, XRP, using both an XRP escrow and an XRP payment channel. Ethereum, Ripple’s centralized Five Bells Ledger and a so-called 'trustline' were also used in the transaction.\n\nThe payment was converted from fiat to ether to XRP to euros, depending on the payment channels, with Interledger’s connectors converting the currency and forwarding the payments from one ledger to another.\n\nInteroperability in sight\n\nThe Interledger demonstration is part of an overall industry trend towards merging blockchains –one that has gained significant momentum this year.\n\nIn the last month alone, Blockstack launched its decentralized browser designed to let any number of blockchains mesh into a distributed version of the internet, and 0x launched an alpha version of its token trading platform built to allow decentralized applications to seamlessly interact by instantly exchanging their native tokens.\n\nCo-inventor of the ILP and managing director of Ripple’s Luxembourg office, Evan Schwartz, positions the demonstration as part of a bigger-picture push to show blockchain interoperability has moved past being just a good idea.\n\n\"What this shows is that with this kind of architecture that Interledger has, it’s not just about integrating two ledgers, it’s about doing this across many types of ledgers,\" Schwartz said.\n\nWarming to cryptocurrency\n\nRipple initially released the ILP in October 2015, at a time when banks were even more wary about doing business with cryptocurrencies and had only just begun to explore non-cryptocurrency applications of blockchain technology.\n\nSince the launch, banks have shown increasing interest in working with a wide range of distributed, shared databases and specifically blockchains, even if their willingness to transact in cryptocurrency remains largely stifled by concerns surrounding know-your-customer (KYC) compliance.\n\nRipple has, in part, helped overcome this reluctance by working with banks to build a wide range of early-stage products relying on its distributed ledger technology, but not its native currency.\n\nGoing forward though, that could change if the hesitance surrounding cryptocurrency lessens. This seems likely, because some banks around the world have already begun accommodating bitcoin companies that want to open fiat accounts. Ripple itself has even started building bank applications that rely on XRP, so the company seems to be preparing for a future of much broader acceptance.\n\n\"Bitcoin is one of the most widely used and one of the most well-known ledgers,\" said Thomas. \"So any interoperability protocol has to be measured by [whether] it supports bitcoin, if it supports XRP, if it supports ethereum.\"\n\nPlug-in workshop\n\nBy the end of today, Ripple expects an eighth connector to be built at the Berlin event, one that would enable integration with litecoin. The process, according to Ripple executives, would take only a slight tweak of the bitcoin tool's code.\n\nThe firm further said a building session will take place, one in which it expects technologists from zcash, Lightning Network, GateHub, BigchainDB, PayPal and Monax’s Hyperledger Burrow to create yet more plug-ins.\n\nZcash and Monax have confirmed to CoinDesk that each will have blockchain engineer in attendance to assist with the work.\n\nThomas concluded:\n\n\"We want to make our customers happy, we want to act in the interest of our customers, and so part of that on our side – we’re all in the research department –  means thinking about what our customers are going to want before they even realize it.\"",
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