History
This page is inspired by the different community-driven projects, all signum's social platforms, the devs, and the entire community. We're a movement ready to strike!
- New Exchange initiative Through community and the SNA donations, three new exchanges were added: * Azbit with USDT and LTC pair * Dex-Trade with USDT pair * Bitstorage with USDT pair
- Node improvements REST API changes, PostgreSQL & SQLite support added as databases. SQLite will replace H2 soon.
- Introduction of Websocket API (SIP-50) Introducing a lightweight real-time communication interface via Websockets is included in the Node Software.
This year is WIP, important milestones will be shared here!
- Bittrex Shut Down Pioneer exchange Bittrex Global shuts down. Brutal loss for Signum and the entire crypto space. Bittrex, thanks for your contributions to all cryptocurrencies ❤️
- Initial launch of SnipSwap SnipSwap is a decentralized crypto exchange with PayPal integration.
- Launch of Signum Name System An innovative solution enabling Signum Aliases to efficiently resolve custom URLs in web browsers and account addresses within wallets.
- SignumSwap Improvements Liquidity and Staking pools have been successfully integrated, and a Nostr-chat feature has been added.
- Signum XT Wallet Nostr Support The XT wallet enables linking Signum and Nostr accounts through a shared seed. By utilizing the XT Wallet, users can seamlessly connect to Nostr clients such as coracle.social to securely login and sign any nostr event with ease.
- WSIGNA Now Available for Trading on AtomicDEX WSigna, the wrapped version of the Signum (SIGNA) cryptocurrency, is now available for trading on AtomicDEX. AtomicDEX is a decentralized exchange that supports cross-chain atomic swaps, allowing users to trade cryptocurrencies in a trustless and non-custodial manner.
- Xeggex Exchange Listing Xeggex exchange listed Signa with 2 Signa pairings. See more on exchanges page
- Launch of Signum Neoclassic Wallet NeoClassic Wallet is a major refactoring of Signum Classic Wallet. The biggest change was the upgrade of AdminLTE framework, leading to better visual. Internally the code is much more organized, making easier to maintain and add new features.
- Caldera.trade Listing Caldera trade listed Signa with multiple Signa pairings. See more on exchanges page
- Launch of Signum Mobile Wallet A comprehensive solution designed to facilitate the management of your digital assets with convenience and security. This wallet offers a reliable means to securely store and access your Signum tokens, while enabling seamless on-the-go management of your crypto assets.
- Signum has its first real business case AXT is using Signum to tokenize real estate assets, allowing investors to participate in the income generated from these assets. AXT acquires properties based on tax deeds and tax lien certificates and then sells digital tokens representing partial ownership of the company to investors. The income generated from the properties gets distributed among the token holders in proportion to their share.
- Modernization of Alias Framework (SIP-48) Introducing a new valid character for the creation of Aliases and the possibility of using TLDs (Top Level Domains) as new namespaces for an Alias and a renewal system for Aliases comparable to current worldwide web domain handling.
- Introduction of Secure solo mining setup (SIP-46) This will allow solo miners to use a proxy pool for signing the blocks. If the passphrase that generates this block signing leaks, the miner can register a new one. This way, a miner can forge solo blocks without using the original account passphrase.
- Introduction of Staking Contracts (SIP-45) Staking contracts allow participants to pledge a smart token with a specified lock-up period to earn Signa and/or another smart token distributed by the contract. The distribution of a staking contract can be fed by topping up the contract with the required funds or by a continuous income from another source.
- Transfer ownership of tokens (SIP-43) This type of transaction allows transferring ownership of any smart token, making it easy for business case owners to hand over the use case to a new owner without sharing passphrases.
- Phoenix Wallets Improvements Both platforms of Phoenix Wallet (Desktop and Mobile) got heavily refactored and massively improved
- Exploit Thwarted A sophisticated attack on accounts without public keys has been successfully thwarted.
9th Birthday!
Feature Activation (Hard Fork)
Completing the framework of the new features for the existing token functionality, introduce a more secure setup for the solo miners and modernize the alias framework. See announcement!
It took effect on May 27th 2023
Signum has been mentioned in a white house report on climate and energy implications of crypto-assets https://www.whitehouse.gov/wp-content/uploads/2022/09/09-2022-Crypto-Assets-and-Climate-Report.pdf
- ShoutLoud! The first news aggregator on the Signum chain
- SignumSwap The first DeFi portal on the Signum chain
- Signum DAppository The DAppository has been rebranded to Signum branding. NFTs created previous to the burstcoin rebrand will be tagged as a legacy.
- Infinex Exchange Infinex Exchange listed Signa with a Signa/USDT and Signa/BTC pairing
- Catalyx Listing Catalyx.io listed Signa with a Signa/BTC pairing (Pair not available anymore)
- New transaction type' Distribution To Asset Holder.' Transaction type allows any account to transfer given amounts of Signa or other smart tokens (or both) to defined smart token holders.
- SignumJ v1.1.0 released Support all new features for Rainbow Hard Fork
- Node interactive API documentation Signum node API documentation updated to a fully interactive documentation using the de facto industry standard OAS 3. x, substituting the outdated/old-fashioned and far less detailed /api-doc
- SmartC v2.0.0 released Support all new features for Rainbow Hard Fork
- Signum Pool improvements Pool web application updates and support new features from Rainbow Hard Fork
- BTDEX improvements Distribution for smart token, fixes and support of some features for Rainbow Hard Fork
- Classic Wallet Revamped Support for new transaction types from Rainbow Hard Fork and minor improvements
- Phoenix Wallet Improvements Support for new transaction types from Rainbow Hard Fork and minor improvements
- Indodax Listing INDODAX is the most prominent digital asset exchange in Indonesia. Listed Signa with a Signa/IDR pairing
- Node improvements Signum Node refactoring (updated dependencies and resolving security warnings)
- Signum XT Wallet The first web extension wallet was developed for easy access to DeFi platforms.
- SignumJS wallet module The Wallet package provides tools to interact with wallets remotely
- Stellar Duel A multiplayer game using smart contracts on Signum Blockchain
- SignumBillboard Smart contracts drove billboard built on Sigunm Blockchain
- SignaRank An achievement system built on the Signum blockchain.
- SignumArt The first Signum blockchain-based platform for creating, displaying, and trading NFTs has been developed. The portal reached a 1 Million SIGNA turnover.
- Welcome Signa on HIVE Bridge your Signa to the HIVE engine with SWAP.HIVE/SWAP.SIGNA Liquidity Pool on tribaldex.com
- Signum pool improvements Signum users can join a pool using the Signum XT Wallet
Rainbow Hard Fork
Introducing new features framework for the existing token functionality. See announcement!
It took effect on June 25th 2022
1,000,000 Blocks Mined on Signum Blockchain
- Lootboy Partnership In a one-of-a-kind partnership, Lootboy accepts payments in Signum and promotes them at Esports events.
- Cryptocurrency Checkout integration Crypto Currency Checkout accepts Signum as a payment method.
- SmartC platform released Write powerful Smart Contracts for Signum with C
- Deployment of Telegram Bots Bot allows you to monitor your account's status easily and receive notifications about new transactions and blocks.
- Signum Pool New pool software (licensed under GNU GPLv3)
- Signum Node Rewards A monthly node operation award is launched to incentivise synchronized public nodes meeting minimum up-time requirements.
- Green Contracts development Green contract is a feature allowing past identical code to be executed by reference rather than redeployment.
- Bounty Program A bounty program is created to encourage the completion of specific tasks supporting software development and Signum retail adoption.
- Welcome Signa to Binance Smart Chain Bridge your Signa to the Binance Smart Chain with a wrapped version of Signa called WSIGNA. Signa holders can use the wrapped SIGNA to participate in DeFi applications on the Binance Smart Chain network. You can find them on BSC liquidity pools like Pancakeswap.
- Fomplo A website with helpful tools for the community
- Announcement of Smart Tokens Smart Tokens will have more functionality on the chain and can interact with smart contracts.
Speedway Hard Fork
Preparing Signum for mass transactions and more See the announcement!
It took effect on October 23rd 2021
Signum Network Association (SNA) is founded
Its sole purpose is to ensure the future success of the Signum See announcement!
Signum Community Annual Review 2021
Enjoy the December 2021 Signum Network Community Meetup. View video
In June 2021, burstcoin rebranded as Signum and The Signum Network. A new logo, based on a Celtic knot, was adopted to replace the Burstcoin logo, which was represented as a stylized letter B within a blue or black circular background, including all software, applications, services, websites, documentation, Github, etc.
- Proof of Commitment (PoC+) The Burstcoin blockchain upgraded the consensus algorithm to PoC+, an innovative consensus offers a new way for miners to increase their effective storage capacity. PoC+ is a greener option since effective capacity can be increased without purchasing more equipment.
- BTDEX improvements Mining and plotting are embedded in the platform, converting it into the first All-in-one DEX. Users can easily trade, plot drives, join the pool, and mine easily!
- Phoenix improvements Revamped layout!
- Finexbox Listing Finexbox. Listed Signa with a Signa/BTC pairing
- BHEX Listing BHEX. Listed Signa with a Signa/USDT pairing (This exchange is not available anymore)
Signum Hard Fork
A new consensus for Burstcoin and much more. See announcement!
It took effect on April 24th 2021
- Burstcoin Joins BPSAA as New Alliance Member The Blockchain Privacy, Security & Adoption Alliance (BPSAA) aims to educate the public on privacy and security issues and solutions in blockchain and to facilitate a common forum for developers to create open-source privacy and security technologies for public use. (November)
- BTDEX Release The first decentralized exchange system released and running on the blockchain. It implements a unique non-custodial exchange method for cryptocurrencies and conventional fiat currencies based on BlockTalk Smart Contracts and on-chain encrypted messages.
- Signum node improvements Updated smart contracts, allowing for 50 times larger complexity with lower fees
Sodium Hard Fork
A new milestone for Burstcoin and much more. See announcement!
It took effect on June 20th 2020
- Burst Summer Hackhaton The Burst Alliance and Burst App Teams hosted the 2019 Burst Summer Hackathon! https://www.reddit.com/r/burstcoin/comments/c8oy59/the_2019_burst_summer_hackathon_has_begins_today/
- Phoenix Wallet Release With the release of the mobile version of Phoenix was implemented. Phoenix is a Cross-Platform Wallet Application developed to support mobile devices, including iOS and Android. This wallet feature increased security and a refreshed look and feel. BurstJS power Phoenix Wallet. BurstJS was a powerful JavaScript library for building Burstcoin applications. Now the SDK is called SignumJS.
- Eterbase Listing Eterbase. Listed Signa with FIAT and stablecoin pairings (October). (This exchange ceased its operations)
- New Pool Software Release New pool software has been released, allowing pool operators to operate pools without license restrictions, and Burst can open a new chapter for its mining pools.
- BlockTalk Release (Known as "Signum SmartJ") An extended smart contract framework that aids in the creation and deployment of contracts. The Koh-i-Noor, Burstcoin's first NFT, was created using BlockTalk. Block Talk is now known as Signum SmartJ.
- First ever NFT was minted (Koh-i-Noor) Koh-i-noor, the first NFT, was minted
- Stex Listing Stex.com Listed Signa with a Signa/BTC pairing (This exchange is not operating anymore they claim the following: "Due to unknown reasons, we suffered data loss. In result, we have very fragmented and non-consistent data regarding balances, transactions, etc. We cannot continue any business operations.")
- Poloniex delisted BURST BAT nor any member of BMF was informed about the Poloniex decision on May 10th. Why Poloniex decided to close the order book can only be guessed, but the impact was a nearly 50% price drop on this news.
- PoC Consortium The PoC Consortium stepped back from the role of development. The Burst Applications Team and Burst Marketing Fund became the lead developers. The resigned PoCC members at this time were : ac0v, bold, Brabantian, cgb, Gadrah, JohnnyFFM, rico666, Taliesin Tapiwa, umbrellacorp03, Zach
- Fun fact: Linus Tech Tips video made burst mining more mainstream on the tech community
- Fee Replacement They replaced the minimum fee of 1 Burst per transaction with a slot-based dynamic fee schedule starting with .007357 during periods of low network activity. The previous fee had been set as a disincentive for denial-of-service attacks on the network. With the new schedule, transactions could be initiated for the lowest fee even during periods of high network activity but were delayed until a slot for the transaction became available. As of 2021, fees are now fully market-based.
- Plotting protocol update Change from PoC1 to PoC2 protocol: A minimally invasive way to achieve time-memory tradeoff resistance while preserving the utility of existing plots. This update was made preemptively to address a theoretical vulnerability called a grinding attack.
Pre-Dymaxion Hard Fork See announcement!
It took effect on June 10th 2018
- Burst Dymaxion The PoC Consortium developers released a new white paper titled The Burst Dymaxion. It described implementing a tangle-based lightning network allowing for arbitrary scalability and anonymous transactions and payment channels using directed acyclic graph (DAG) technology on top of the Burstcoin blockchain. Although the development focus shifted away from this white paper's end goal and toward Burstcoin's smart contract functionality, many of the required preparatory improvements were made and continue to benefit development. One example is the development of the PoC2 protocol, which eliminated the theoretical vulnerability of PoC1 to grinding attacks.
- John McAfee's tweet As a consequence of it, it made BURST reach an all-time high price of around USD 0.13. See the tweet
- PoC Consortium Announcement In the aftermath of the spam attack, the Proof-of-Capacity Consortium (PoCC) was formed to continue developing Burstcoin. The original announcement was posted on August 11th of, 2017, the third anniversary of the Burstcoin blockchain: https://bitcointalk.org/index.php?topic=2080040.0
- Denial of Service attack (DoS) The first denial-of-service attack (DoS) was launched against the network, causing many nodes to crash and the network to split into multiple forks. Poloniex disabled deposits and withdrawals until August 10th, while the network stabilized. In response to the attack, Burstcoin initially implemented a hard cap on the number of unconfirmed transactions a node could hold in memory. Subsequently, a configurable limit was made available so each node could independently set limits according to its memory and computational resources.
- Burstnation Because of differences within Burst Team, several members started Burstnation by the end of 2016. The differences continued until leading Burstnation members announced their retirement from the Burstcoin community after the release of the Dymaxion white paper. Burstnation can be credited with expanding the Burstcoin community through its leader's prolific and sometimes colourful promotional activities. https://github.com/burst-team/burstcoin/releases/tag/1.2.5
- Burstcoin Node V 1.2.4 (July 06th, 2016) Parallel Blockchain downloads, Multicore Blockchain verification and more! https://github.com/burst-team/burstcoin/releases/tag/1.2.4
Burstcoin's anonymous founder disappears After the original developer of Burstcoin disappeared.
A community quickly formed under the name Burst Team in August 2015.
Development of the wallet software continued as a fork of the original project on Github:
- Dwallet Windows All in one Wallet release (December 14th, 2015) https://github.com/dawallet/burstwindowswallet
- First Atomic Swap (May 17th, 2015) Burstcoin makes history: Initiated the first Atomic Swap, together with Qora, pioneering the basic concept of a decentralized exchange: https://www.ccn.com/qora-burst-now-able-make-cross-chain-transactions/
- Burstcoin Node V 1.2.3 (April 20th, 2015) further refined ATs and the asset exchange: https://bitcointalk.org/index.php?topic=731923.msg11142412#msg11142412
- Burstcoin Node V 1.2.2 (February 06th, 2015) Refined ATs (smart contracts): https://bitcointalk.org/index.php?topic=731923.msg10370645#msg10370645
World's first automated transaction (Smart Contract transaction) occurs on the Burstcoin blockchain (January 25th, 2015)
- Burstcoin Node V 1.2.0 (December 12th, 2014) Added Automated Transactions (ATs): https://bitcointalk.org/index.php?topic=731923.msg9910950#msg9910950 Network size hits 10PB (November 29th, 2014)
- Burstcoin Node V 1.1.5 (November 04th, 2014) Update to Nxt 1.3 (added subscriptions, updated escrow): https://bitcointalk.org/index.php?topic=731923.msg9430317#msg9430317https://github.com/bhamon/gpuPlotGenerator
- Burstcoin Node V 1.1.3 (September 27th, 2014) Added escrow transactions: https://bitcointalk.org/index.php?topic=731923.msg8988688#msg8988688https://github.com/Creepsky/creepMiner
- Burstcoin Node V 1.1.0 (September 17th, 2014) Back end updated to NXT 1.2.8 to enable new NXT features (encrypted messaging, DGS): https://bitcointalk.org/index.php?topic=731923.msg8741673#msg8741673 Bittrex Listing (September 16th, 2014) Listed Signa with a Signa/BTC pairing https://twitter.com/search?l=&q=%24burst%20bittrex%20until%3A2014-12-31&src=typd https://twitter.com/Poloniex/status/508398805793140736
- Burstcoin Node V 1.0.3 (August 27th, 2014) Changed protocol for V2 pools: https://bitcointalk.org/index.php?topic=731923.msg8550499#msg8550499 C-CEX Listing (August 22nd, 2014) Listed Signa with a Signa/BTC pairing https://twitter.com/CryptoCurrEncyX/status/502787927647076352
- First Burstcoin Pool (August 20th, 2014) First mining pool available: https://bitcointalk.org/index.php?topic=731923.msg8448276#msg8448276
- Burstcoin Node V 1.0.2 (August 17th, 2014) Adjusted difficulty: https://bitcointalk.org/index.php?topic=731923.msg8404060#msg8404060
Burstcoin, rebranded as Signum in June of 2021, was launched in 2014. It was released to the public on August 10th of that year on Bitcointalk.org by the original developer using the pseudonym "Burstcoin". The identity is still unknown. The original developer disappeared without explanation.
- See the unknown developers' Bitcointalk profile https://bitcointalk.org/index.php?action=profile;u=364787.