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Who knows maybe this will work in the future.
We already know that altcoins that create an exact copy of bitcoin with minimal and meaningless changes (such as replacing SHA-256 with SHA3-256) and zero innovations is only going to create a copycatcoin aka a shitcoin not something that "could work in the future".Maybe you are right but according to BGL thread, it has the following advantages compared to BTC and the BGL team intends to publish an article in tier 1 journal about this project. This is what is going to be discussed in the article:
"1. Safer mining algorithm
2. Halving each year
3. Txs burning mechanism / lower supply in the long term
4. Low cost transfer fees (maybe the table could state the actual/approximate transfer fees in $ at the time of publication)
5. Low cost mining operations (maybe the table could state the actual/approximate mining fees in $ at the time of publication)
6. Much lower market cap (difference is hundreds of thousands)
7. BGL NFTs
8. BGL - WBGL bridge on both eth and bsc
9. Hash rate (details)
10. More compressed size of the blockchain"
Source:
https://bitcointalk.org/index.php?topic=5238559.980
So it is not just "minimal and meaningless" changes.
But I understand that some previous shitty projects like bitcoin diamond and recently BCH really messed up the reputation of BTC forks. And I dont know if BGL will do great in the future. But I find this project interesting and cheap in terms of price. That's all.
