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://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://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

Block explorer:

• https://bgl.bitaps.com/

Projects using BGL/WBGL:

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

Mining Pools:

• https://www.mining-dutch.nl/
• http://zergpool.com/
• https://pool.bitaps.com
• https://zpool.ca/

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:

• kriptosozluktv.com (Turkish)
• U.Today
• Bitcoin.com
• BGL and Crypto.com integration (Apr 20, 2022)
• coingape.com (Jul 07, 2022)
• bitcoinist.com (Mar 29, 2021)
• U.Today (Feb 24, 2021)
• newsbtc.com
• Cointelegraph
• bitcoininsider.org
• coinspeaker.com
• themerkle.com
• thebitcoinnews.com
• coin-turk.com (Turkish)
• blocknewsafrica.com
• cryptobenelux.com (NL)

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]

Add node please

I just named this currency in the honour of Silvio Gesell and nothing else.

Examples:
https://en.wikipedia.org/wiki/W%C3%B6rgl#The_W%C3%B6rgl_Experiment
https://en.wikipedia.org/wiki/W%C3%A4ra

Is any open source miners available?

Hey! Thanks a lot for checking out project and making builds.
Tomorrow will have a look at them and will list as software in the top post.
Can I ask you why have you removed your pool https://miningcoins.ca/ ? Were there any technical issues?

Oh hey !

Yes there were some issues for the payouts, couldn't solve it.

OKk thanks !

I've made, if i remember well, a legacy wallet for the pool's wallet address.

If i am not wrong, the segwit isn't activated yet ?

I am not sure at 100% anyway of what was the cause of the issue and what was the issue exactly, i will reinstall it later and let you know : )

Algorithm: Keccack

I use https://github.com/alexis78/ccminer for our GPU rigs


If you use our pool

Stratum URL: pool.bitaps.com:8888
 User: your_account@email.com.worker1
 Password: any

hi, where is explorer?

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sent you a pm
italian translation done: https://bitcointalk.org/index.php?topic=5241224.msg54240472#msg54240472

[moderator's note: consecutive posts merged]

Hi, I must say that I do not have experience with writing or modifying blockchain explorers
(modern JS and other front-end things), would take pretty long time to make it myself.

Let's hope that community has experts in this area who can help

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Sure, reserved!

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Great, thanks for the initiative! Let's do everything step by step!

[moderator's note: consecutive posts merged]