Latest posts of: EmmaWu

Bitgesell (BGL)

This project is called in the honour of Silvio Gesell.
He created monetary units that were losing their nominal value over time (demurrage) and combined with currency emission this would result in people spending them quicker and incentivizing economic activity. He called this as a term "freigeld". Modern monetary policy that includes planned inflation as depreciation is influenced by the ideas of Silveio Gesell as well.

This project have combined the concept of "freigeld" and gold as traditional store of value and demurrage works in reverse (not the way it was used for currency but for gold) adding more properties of digital gold through gradually increasing scarcity over time. Could you imagine gold which volume in existence is gradually decreasing over time?

One of the essential functions of money is that it constitutes a means for saving and securing the fortune of people, since it guarantees immediate cash flow. In the pre-banking era, the house or the ground served as a safe where they kept and hid their small or large savings and hoards, both during wars, enemy raids and natural disasters as well as during peaceful times. The private banks and those operating inside sanctuaries in the ancient Greek Roman world are the forerunners of the banking system that was organized and developed in the late Medieval period and in Modern times into the banks of the mercantile societies of Venice, Genoa and the Netherlands. Cryptocurrency is new generation type of organization for solving this issue. Bitgesell - Future of Bitcoin and True store of value.

Code is widely based on bitcoin code, so it is stable and reliable.
Blockchain started 04/04/2020.

Website: https://Bitgesell.ca (https://BGLcore.org)
https://bitgesell.dev/

https://coinmarketcap.com/currencies/bitgesell/
https://crypto.com/price/bitgesell

DEXes:

Pancakeswap(V2): https://pancakeswap.finance/swap?outputCurrency=0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A
UniSwap (V3): https://app.uniswap.org/#/swap?outputCurrency=0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A (or select a token 0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A)

Bridge for transferring BGL <-> WBGL on Eth/BSC
https://bglswap.com

Wrapped BGL (WBGL) on Ethereum blockchain:
https://etherscan.io/token/0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A
BGL custodian address (Eth): bgl1q70vhymm0espyccv6qfxrnc8nqtxuruxlcap06u

Wrapped BGL (WBGL) on BSC blockchain:
https://bscscan.com/token/0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A
BGL custodian address (BNB): bgl1qal6q9fv57t57tgmppkeqwh7xyex7ake2uuzyj3
rules are described in this post https://bitcointalk.org/index.php?topic=5238559.msg56786603#msg56786603

Optimism (L2 rollup) chain https://optimistic.etherscan.io/token/0x2ba64efb7a4ec8983e22a49c81fa216ac33f383a
BGL mainnet custodian address: bgl1q327ljj0tzja2j7mvfnyfeqenhazwfcpha0xz88

Arbitrum (L2 rollup) chain https://arbiscan.io/token/0x2ba64efb7a4ec8983e22a49c81fa216ac33f383a
BGL mainnet custodian address: bgl1qhhsh234z4fzrwcncta657etyd36ayt67qvvn3a
rules are described in this post https://bitcointalk.org/index.php?topic=5238559.msg63707153#msg63707153

The contracts were audited by CertiK, you can find report here: https://bitgesell.ca/docs/Certik-WBGL-Report-22_04_2021.pdf

Specifications

Essentially this is a full bitcoin fork, but:
Block Reward = nFees*0.1 + GetBlockSubsidy() // Burn rate is 90% of tx fees (https://www.blockchain.com/charts/transaction-fees)
Block Weight <= 400,000; // 10 times smaller than bitcoin
100% Segwit // Eliminates problems with legacy types of transactions
Halving Interval = 210000 blocks / 4; // Halving is every year (bitcoin halving is every 4 years)
Block Subsidy = 50 * 4; // 21 000 000 coins max
Hashing algorithm for blocks is Keccak (sha-3).

https://github.com/BitgesellOfficial/bitgesell

Documentation resource: https://bitgesell-docs.netlify.app

Take part and join #realstoreofvalue #thehardestmoney community:
https://discord.gg/ceEqhxchzN
https://t.me/bitgesellofficial
https://twitter.com/bit_gesell

Official Wallet software:

https://t.me/BitgesellWalletBot
https://bglwallet.io
Lightweight cross-platform serverless wallet (no installation required and securely stores information) for:
   - Web version;
   - WebExtensions (Chrome Extension);
   - Android app in Google Play and APK;
   - Linux app in Snap Store, AppImage, deb;
   - Windows app and portable version.
   (developer bonus wallet: bgl1qx4yjdtqvz5wczemcvz6nwlaewyyv629eglyem3)
https://bitgesell.ca/downloads/
Official wallet and node software for most popular operating systems
https://bglrpc.com
Web wallet and BGL RPC endpoint

Wallets:

https://sevaultwallet.com/

Block explorer:

https://bgl.bitaps.com/

Projects using BGL/WBGL:

USSD stablecoin - uncensorable stablecoin (beta)
http://ussd.ai/

Mining Pools:

Software:

Official Github builds: https://github.com/BitgesellOfficial/bitgesell/releases
Python pybgl library:
- Source code: https://github.com/bitaps-com/pybgl
- Documentation: https://pybgl.readthedocs.io/
Javascript jsbgl library:
- Source code: https://github.com/bitaps-com/jsbgl
- Documentation: https://jsbgl.readthedocs.io/
BGLAPI server:
- Source code: https://github.com/bitaps-com/bglapiserver
- Documentation: https://github.com/bitaps-com/bglapiserver/tree/master/api

About project in media:

Videos:
Explainer video from Professor Crypto - https://www.youtube.com/watch?v=RTIR89HMH_U
Professor Crypto - https://www.youtube.com/watch?v=8ZI0CvhgOyc
Bitcoin for Beginners - https://youtu.be/QkUGIxjdjaA
The right traders - https://www.youtube.com/watch?v=ZzjhstNSi50
https://www.youtube.com/watch?v=FzsRCH8JDEM
[/list]