A Blockchain-based cryptocurrency depends on its users securizing the network by following a complicated algorithm actively validating each transaction. This activity is called “mining” and because of that the entire Bitcoin network now consumes more energy than a number of countries. With Burst and its Proof-of-Capacity (PoC) algorithm using free disk space instead of energy consuming CPUs and GPUs, mining barely uses more energy than just leaving your computer on.
* PoW: Proof-of-Work || * PoS: Proof-of-Stake || * PoC: Proof-of-Capacity || * PoN: Proof-of-Nature