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Author Topic: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue  (Read 28176 times)
Bittoshi
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July 04, 2021, 07:59:13 PM
 #561

Whoever is in control of Twitter page, for god's sake, please update the info on Bitgesell page. This has been asked a few times here and on discord too... please.
Would be nice too if there would be more activity on Twitter, even more so on Reddit. Contest rewards can be posted on Twitter/Reddit accounts, for example.
Active accounts will attract new users checking out BGL on social platforms and offer different platforms for a wider audience. With the marketing campaign going on, I think now it's the time to start being more active on social platforms. Love you <3

This is true. Bitgesell has an somewhat active and moderated Telegram group with more than 550 followers. Twitter can reach much more people, so the account should be up to date. For example, you could post the updates and activities (traction) from page one of this thread there.

Bitgesell (BGL):  A modern and truly scarce store of value. Burn rate is 90% of tx fee. Yearly block reward halving.

It's just the beginning!
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July 05, 2021, 06:09:47 AM
 #562

Please do upgrade your node (esp. if you're running pool) to the latest version
version 0.1.7 (available in GitHub releases) to support Taproot activation

I saw the newly released version contained a rescheduled taproot activation. So, let's upgrade our node to a newer version if we would like to enable Taproot on BGL!

Taproot activation rescheduled: if 55% of mined blocks in any 3-days (432 blocks) upgrade window signal feature bit up to 25 August, if signalling passes, Taproot is activated on block 74574 (around 1 Sept);
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July 05, 2021, 06:49:31 AM
 #563

Hi Dear BGL community!

Yes, taproot did not get activated in v0.1.6 we almost reached the target, one mining pool didn't upgrade, and literally taproot activation was short by 5 blocks.

So we decided to give it a reschedule, and new builds are available at GitHub and bitgesell.ca website. Also a few small fixes regarding 'bitcoin' mentioned in wallet dump etc., were done.

The new taproot activation rules are more relaxed, hopefully we would make it, 1st on September.
Please update to v0.1.7

I'd like to share some remark:
- when we updated node software for taproot signalling, I had to write pools after some time, and most did got upgraded, except one who didn't made it. And this nonetheless looks decentralization is in play. That took around 10 days. Of course, we are looking at the situation taking place in bitcoin, and after including taproot deployment code and updating BTC core, in just a few days the network gained complete and almost unilateral majority from miners, although the signalling 2-week period times out only in August. https://taproot.watch/about Overall from top 20+ mining pools having 95+% of mining power, only one at the bottom did not switch to taproot signalling in block bit on 2nd week of releasing BTC Core update. I am pretty impressed the speed of update and consolidation level of such change (almost like they have one chat group Wink )
my luck
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July 05, 2021, 08:39:17 AM
Last edit: July 05, 2021, 05:33:45 PM by my luck
 #564

The weekly drawing of 4 prizes of $5 $15 $30 and $50 in BGL equivalent has started.
To participate, you need to read the terms and conditions and click on the JOIN NOW! button and complete the Google form with your data.

Join us!

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......N F T   Farm ...crypto TREASURES. Up We Go!  ❱❱.......RARIBLE.
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July 05, 2021, 10:34:18 AM
 #565

Yes, taproot did not get activated in v0.1.6 we almost reached the target, one mining pool didn't upgrade, and literally taproot activation was short by 5 blocks.

So we decided to give it a reschedule, and new builds are available at GitHub and bitgesell.ca website. Also a few small fixes regarding 'bitcoin' mentioned in wallet dump etc., were done.

The new taproot activation rules are more relaxed, hopefully we would make it, 1st on September.
5 blocks are not impossible mission for the next schedule and I think BGL community will get the Taproot activation in the next period, like you said 1st September.

It is interesting because Taproot of Bitcoin was locked in and it will be activated in November.

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July 05, 2021, 11:01:52 AM
 #566


my luck
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July 06, 2021, 01:44:10 PM
 #567

The weekly drawing of 4 prizes of $5 $15 $30 and $50 in BGL equivalent has started.
To participate, you need to read the terms and conditions and click on the JOIN NOW! button and complete the Google form with your data.

Join us!
I will duplicate this post. Register, place your bet and get guaranteed prizes in BGL coins. Now the first week of the draw has started.


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......BITGESELL ROAD......
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......N F T   Farm ...crypto TREASURES. Up We Go!  ❱❱.......RARIBLE.
FutureBitcoin
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July 06, 2021, 01:49:16 PM
 #568

The weekly drawing of 4 prizes of $5 $15 $30 and $50 in BGL equivalent has started.
To participate, you need to read the terms and conditions and click on the JOIN NOW! button and complete the Google form with your data.

Join us!
I will duplicate this post. Register, place your bet and get guaranteed prizes in BGL coins. Now the first week of the draw has started.

Do you plan to hold such lottery for every week?
my luck
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July 07, 2021, 02:36:03 PM
 #569

The weekly drawing of 4 prizes of $5 $15 $30 and $50 in BGL equivalent has started.
To participate, you need to read the terms and conditions and click on the JOIN NOW! button and complete the Google form with your data.

Join us!
I will duplicate this post. Register, place your bet and get guaranteed prizes in BGL coins. Now the first week of the draw has started.

Do you plan to hold such lottery for every week?
Now I can say with confidence that 2 rounds will be played, on July 11 and 18. After that, a decision will be made.

Have you ever wondered how few coins you can buy? This is the data for the DigiFinex exchange.


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......BITGESELL ROAD......
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......N F T   Farm ...crypto TREASURES. Up We Go!  ❱❱.......RARIBLE.
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July 07, 2021, 05:12:39 PM
Merited by my luck (1)
 #570

Interesting initiative my luck. It will certainly bring visibility to BGL and more people will know about this great project. It's that kind of thing that adds and contributes to future participation. In a market inflated by the adoption of tokens, it would be something more if BGL were to be recognized. Unfortunately, I don't have the resources to be carrying out such movements, but I am participating in this movement for support purposes, I wish luck.
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July 08, 2021, 03:00:33 AM
 #571

Welcoming Content Writers,Video Creators,Translators!

Get BGL by Writing Articles, Creating Youtube or TikTok Videos, or translating to your local Languages!



Bitgesell (BGL) | Social Media Campaign | Article | Video/Tiktok | Translation


https://bitcointalk.org/index.php?topic=5347417.0


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July 08, 2021, 08:04:16 AM
 #572

The developer make an announcement that it is necessary to update the versions of the node. I see that many nodes are still using the Satoshi:0.1.1 version... Please install the new version and we will be able proceed further!

Please update to v0.1.7

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......BITGESELL ROAD......
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......N F T   Farm ...crypto TREASURES. Up We Go!  ❱❱.......RARIBLE.
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July 08, 2021, 11:56:29 AM
 #573

I am trying to sign a message for my Segwit address, but I get an error. What can this be related to? Segwit format addresses can't be used for signing?


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July 08, 2021, 10:53:48 PM
Merited by my luck (1)
 #574

I am trying to sign a message for my Segwit address, but I get an error. What can this be related to? Segwit format addresses can't be used for signing?
Yes, Segwit addresses does not support signing message. It doesn't even work on Bitcoin Core, since the core dev are still researching onto it.

More details below:
https://github.com/bitcoin/bitcoin/issues/10542
https://bitcointalk.org/index.php?topic=3225732.0
OcTradism
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July 09, 2021, 04:34:36 AM
Merited by my luck (1)
 #575

Yes, Segwit addresses does not support signing message. It doesn't even work on Bitcoin Core, since the core dev are still researching onto it.
I knew one unofficial way to verify message signed from Bitcoin Segwit address but I am not sure it can help. If it help, it's great for Bitgesell team.
How to verify SegWit signature with Brainwallet ?

The party is in. Do you notice the banner of Bitgesell on the forum?

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July 09, 2021, 07:31:14 AM
 #576

I am trying to sign a message for my Segwit address, but I get an error. What can this be related to? Segwit format addresses can't be used for signing?
Yes, Segwit addresses does not support signing message. It doesn't even work on Bitcoin Core, since the core dev are still researching onto it.

More details below:
https://github.com/bitcoin/bitcoin/issues/10542
https://bitcointalk.org/index.php?topic=3225732.0
Thank you, I didn't know about this problem, interesting information.

I knew one unofficial way to verify message signed from Bitcoin Segwit address but I am not sure it can help. If it help, it's great for Bitgesell team.
How to verify SegWit signature with Brainwallet ?
Thank you, I'll do it later.

The party is in. Do you notice the banner of Bitgesell on the forum?
At first I thought it was a joke, but then I saw it. I like that.
By the way, you can take part in the drawing of BGL coins, there is another day for registration Smiley

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......BITGESELL ROAD......
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......N F T   Farm ...crypto TREASURES. Up We Go!  ❱❱.......RARIBLE.
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July 09, 2021, 08:11:55 AM
 #577

The party is in. Do you notice the banner of Bitgesell on the forum?

Currently, we have two banners placed in the forum for a month. Looking for more exposure!

Please do Like & share our Twitter activity!

https://twitter.com/Bitgesell

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July 09, 2021, 01:04:32 PM
 #578

Yes, Segwit addresses does not support signing message. It doesn't even work on Bitcoin Core, since the core dev are still researching onto it.
I knew one unofficial way to verify message signed from Bitcoin Segwit address but I am not sure it can help. If it help, it's great for Bitgesell team.
How to verify SegWit signature with Brainwallet ?
Unfortunately, I could not decode the BGL Segwit address  and immediately at the first step got an error. I am not strong in the code to change it myself for bgl... addresses Sad

Code:
Error: Invalid human-readable prefix, "bc" or "tb" expected

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......N F T   Farm ...crypto TREASURES. Up We Go!  ❱❱.......RARIBLE.
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July 10, 2021, 12:33:31 PM
 #579

So, the all bets have already been placed, the drawing of the first round of the lottery will begin on Sunday, July 11, 12-00 PM UTC.
23 registered participants will take part in the drawing of 4 prizes.

5954 BGL coins were purchased for the lottery at DigiFinex market prices

So the prizes are equal:


  • the first prize is the equivalent of $5 - 297.7 BGL
  • the second prize is the equivalent of $15 - 893.1 BGL
  • the third prize is the equivalent of $30 - 1786.2 BGL
  • and the grand prize is the equivalent of $50 - 2977.0 BGL

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......N F T   Farm ...crypto TREASURES. Up We Go!  ❱❱.......RARIBLE.
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July 10, 2021, 08:36:55 PM
 #580

Unfortunately, I could not decode the BGL Segwit address  and immediately at the first step got an error. I am not strong in the code to change it myself for bgl... addresses Sad
Even if you able to make it work, I don't think people would be able to verify it on the step 3 or in the BGL core.

I don't know how the proper mechanism for signing messages should work. But you could make a legacy address on BGL Core by running on console
Code:
getnewaddress "" "legacy"
. But I don't know if it would have any use or a preferable method since BGL doesn't support legacy addresses. Nevertheless, you should be able to sign a message and others would be able to verify it.

CMIIW
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