[ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue

[Twinkledoe]

Do you know the common listing fee on exchanges nowadays?

Tier 1 and lower Tier exchanges. I hope that exchanges don't charge too expensive listing cost.

If possible, the community can consider to contribute to the listing pool for this project. One person can not help but if the community do together, the listing pool will have good fund.

Generally, contributions will bring win win situations for all participants in the pool.

The team can run a contest with it too. Contributors will have records for their donation amount. If the listing process goes well and the price after listing is a big successful, top contributors will be rewarded with some awards.

50 BGL now can have same value of 10 BGL after a big successful listing. I think it is fair enough if 50 BGL contributor will be rewarded back with 5 BGL award. 

From what I know in Binance, they don't charge listing fee but some sort of donation fee as they send those funds to charity. So it depends on the project itself, how strong this is in the market. Like for example, SHIB, Binance listed it because of the demand from the market, and they know they need to list it to get the share from the market. And we all know, there's nothing in its foundation. But for other exchanges, would be hard if you have no funds as they have ridiculous fees that the team can use it for their development instead.

[1714947229]

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[1714947229]

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[coin-investor]

I guess it's more on the supply of this coin, it's only 11,007,978.84 BGL circulating supply and the price is currently at 0.04 USD.. if Elon could pump DOge with billions of supply, then at least BGL could get $1 at a very minimum anytime, and more so once it's listed in bigger exchanges.

I totally agree this is one of the coin that has a potential right now, and it's only a matter right now before we are in a good situation, they just continue marketing this coin, they are on the top media and they have the support of some of the ranking members of the community, I believe Bitgesell will be push to the top by one big news, developers and community are working hard to get to the top

[my luck]

Now the hashrate of the network is more than 70 TH/sec. Tell me, how many devices are currently mining BGL? I think this may be an approximate value. And which device is now the most profitable for mining the Keccak algorithm?

[OcTradism]

From what I know in Binance, they don't charge listing fee but some sort of donation fee as they send those funds to charity. So it depends on the project itself, how strong this is in the market. Like for example, SHIB, Binance listed it because of the demand from the market, and they know they need to list it to get the share from the market. And we all know, there's nothing in its foundation.

I know Binance give free listing but they break their reputation with SUSHI and the tweet from Changpeng Zao months ago in 2020. Recently they listed SHIBA and said it is because demand from the community.

They list coin or token because they see potential to get money from exchange fee.

But for other exchanges, would be hard if you have no funds as they have ridiculous fees that the team can use it for their development instead.

I raised my opinion in previous post that the Bitgesell team can consider about community donation for listing. It is not weird idea in crypto.

[Roman.Chi]

Good news! Guys wrote me that BGL wallet for Android is ready, please check it out!
Please provide feedback and ideas too!

Good sound!
I installed and tried to make transactions. I managed to get the BGL coins, but I couldn't send them back. This error:

Code:

Outputs are spending more than inputs

My balance is 7 coins, the commission fee is system set by the 0.001 BGL. I can't even send 6 BGL coins back.
Also need to activate the login using a password. My bank does not allow me to use my funds without entering a PIN code. Something like this.

https://i.imgur.com/7fCSmkR.png

Hi! We've already added a new functionality of PIN! Would you update APP from play market. Also If you need something else, let me know!

[my luck]

Hi! We've already added a new functionality of PIN! Would you update APP from play market. Also If you need something else, let me know!

I activated the PIN, overloaded the app, and tried many times to enter the wrong PIN. The system allowed me to do this an unlimited number of times. Maybe make a timeout after a certain number of failed attempts? Or completely block the application in order to prevent hackers from using the funds in case of theft? Otherwise, you can search for the correct PIN in a certain amount of time.

[vanorton]

Hi BGL community!

We have prepared a new new BGL core distribution, version 0.1.6 for major operating systems.
This one is important: we have synced to the BTC code for up to April 2021 (most credits go
to our fellow dev Emeka, he did huge amount of work).
As BGL is a fully decentralized system: a check is built-in if it would be possible to enable Taproot 6-months before BTC,
The parameters for switch are set as following:

- If 80% of last 2016 blocks upgrade to this taproot-supporting version bit by using latest distribution before 15 June 2021,
  then taproot would be enabled approximately on 1 July 2021 (block 66000).

This event is interesting in several regards, in particular, we can treat it as some forward-production testing for bitcoin to see how it work out (on a lesser scale) but in real (BGL) mainnet.

Some related reading regarding what is taproot:
- https://bitcoinmagazine.com/technical/taproot-coming-what-it-and-how-it-will-benefit-bitcoin
- https://bitcoinops.org/en/topics/taproot/
In short, Taproot and Schnorr signatures provide:
1. Better privacy for transactions, as various scripts, multi-signatures, etc. under most circumstances look like a regular tx on the blockchain;
2. Size reduction for some scripted transactions, like multi-signatures and others;
3. Creating a transactions requiring up to virtually unlimited number of signers.

--------------------------------------------------------------------------------
Please do upgrade your node (esp. if you're running pool) to the latest version
version 0.1.6 (available in GitHub releases)

Linux (BGL node): https://github.com/BitgesellOfficial/bitgesell/releases/download/0.1.6/bitgesell_0.1.6_amd64.deb

Linux (with Qt wallet): https://github.com/BitgesellOfficial/bitgesell/releases/download/0.1.6/bitgesell-qt_0.1.6_amd64.deb
MacOS: https://github.com/BitgesellOfficial/bitgesell/releases/download/0.1.6/BGL-Qt_0.1.6.dmg
Windows (64-bit installer): https://github.com/BitgesellOfficial/bitgesell/releases/tag/0.1.6 (download .exe)
--------------------------------------------------------------------------------

[my luck]

I downloaded and installed the new version. Why does the client now work like this? I have an additional open cmd window. If I close it, my client closes as well. My OS Windows 10 Pro ver. 20H2.

[vanorton]

I downloaded and installed the new version. Why does the client now work like this? I have an additional open cmd window.

Indeed, that was due to subsystem:Console in linker options, fixed, please install updated version (I have re-uploaded installer .exe file). Thanks for notifying!

[EmmaWu]

Dear community members, you are welcome to join BGL GitHub Bounty campaign!
the rules are here:
https://gitcoin.co/issue/BitgesellOfficial/bitgesell/14/100025757
See you in PRs! 

[my luck]

I downloaded and installed the new version. Why does the client now work like this? I have an additional open cmd window.

Indeed, that was due to subsystem:Console in linker options, fixed, please install updated version (I have re-uploaded installer .exe file). Thanks for notifying!

Unfortunately, I was unable to launch the Windows wallet. At first the system couldn't find the file vcruntime140D.dll. I installed the update for Visual Studio 2015, 2017 and 2019 (vc_redist.x86.exe and vc_redist.x64.exe), after restarting my PC. Now after running the app I get the following error:



So I went back for the Bitgesell Release version 0.1.5

[coin-investor]

Dear community members, you are welcome to join BGL GitHub Bounty campaign!
the rules are here:
https://gitcoin.co/issue/BitgesellOfficial/bitgesell/14/100025757
See you in PRs! 

The developer is very active in developing and marketing BitGesell this is one of the things I like about this project, I'm still holding my BGL hoping something is going to happen before the end of this year, I recommend that developers launch an AMA or contact a marketplace and do a collaboration or strike a deal.

[OcTradism]

The developer is very active in developing and marketing BitGesell this is one of the things I like about this project, I'm still holding my BGL hoping something is going to happen before the end of this year, I recommend that developers launch an AMA or contact a marketplace and do a collaboration or strike a deal.

Bitgesell is a mineable coin and the initiative from @EmmaWu can help this project. If it get accepted by Whattomine, and is listed on the renowned website for crypto miners, this project will catch more attention from miners.

Consequently, the total hashrate on Bitgesell network will increase, then makes it healthier. Mineable coins need miners and a big mining community will be a beginning of something good.

As of posting time, the coin has a good recovery at $0.032

[vv181]

~

Didn't know about that bounty program until now. Bookmarked it, lets see if I could clear my schedule ahead of time, and then try to contribute to Bitgesell. What's more rewarding to contribute to blockchain spaces and get an incentive. I believe it such a promising initiative to attract the cryptocurrency community especially developers to know or learn about Bitgesell.

[my luck]

You need to make edits for those who want to install a node for Linux. On this resource, you need to replace the client version with the current one and increase the size of the VPS disk space to at least 2 Gb (blockchain size has exceeded 1 Gb now).

https://bglcontest.bitaps.com/node_setup

- 512Mb RAM;
- 1-core 2.0GHz CPU;
- 1Gb free space (not counting linux itself) should be enough for now.

Code:

wget https://github.com/BitgesellOfficial/bitgesell/releases/download/0.1.6/bitgesell_0.1.6_amd64.deb
sudo apt install ./bitgesell_0.1.6_amd64.deb
BGLd -uacomment="your wallet address"

[EmmaWu]

You need to make edits for those who want to install a node for Linux. On this resource, you need to replace the client version with the current one and increase the size of the VPS disk space to at least 2 Gb (blockchain size has exceeded 1 Gb now).

https://bglcontest.bitaps.com/node_setup

- 512Mb RAM;
- 1-core 2.0GHz CPU;
- 1Gb free space (not counting linux itself) should be enough for now.

Code:

wget https://github.com/BitgesellOfficial/bitgesell/releases/download/0.1.6/bitgesell_0.1.6_amd64.deb
sudo apt install ./bitgesell_0.1.6_amd64.deb
BGLd -uacomment="your wallet address"

Right. Thank you!


Congratulations to the winners of the node incentive program!
https://bglcontest.bitaps.com/nodes
2021-05-24
Total network nodes: 239
bgl1qyup2fkvuld6mrksyukufs6qxyjc5zcv97k8evq
bgl1qlxrvae9s0g5np9vrnkuv8cncpvcs40ttun5d7j
bgl1qf8hqh830ggp9gppz5zu5sx65axcs4gsxzvlqgy
bgl1q3h95utcyggx4m7vsrh3yw8sp0626c8x2ueevy5
bgl1qzcyg2v7wd0cggwgw2re0ea38j0fxpucv5q02sn
bgl1quky9gmwj6jhdhxqx6uq9xtesntuex9p9nw6z9n
bgl1q5rasf25nllug4hlk4jhqhp8y57t4ckw98cr95c
bgl1qkpvm0ka7ulr3cknmccj537cw34fvq8074q8vdf
bgl1q7r5ak5n482ty96lvn4h4c7j5myhyp7uv6n29y4
bgl1qeqe6jj04jhy79dckt28p0tzl85u7ykdezlat2z
bgl1qqzzsnmdksqthmvsdzqj9w6wu5cpeejnxcmqks6
bgl1q70wgtuyswuclxunf8h8nhus226x945mnjwq9gh
bgl1qtnnk5xfhedqw62zjasl4k25y93lg244tgecj84
bgl1qw82meu070mlzgdxzndhc8slvx5hz5s7v3wn0du
bgl1qs5wc95tm4hu852g32dl2xs656chv6ma6f99uhg
bgl1q6gktk6ws95jmxe3dwq0el3whhmdcvggx9kgp5u
bgl1q3k62u5udee274waut0kjp9q90v3d4f4pj6f669
bgl1qn2psk283zdmxwtysrrdtqxdhgc6w476cxgfm30
bgl1q2n5fl89pwcq93lkqgnctt223j5kvsnphzwz9yy
bgl1qef9lg8n9tkllulp5wzg3wmhurrnan3vyjdn7q4
The reward is 770 BGL for everyone.

Congratulations to winner of the transaction contest!
https://bglcontest.bitaps.com
block # 60629
2021-05-24 06:52
The address bgl1qvapfvztjp5yzpkvvcwppeqn88qvtr6fj0vxscw (132969 transactions).
The reward is 3850 BGL

Reward txid is  fd34adabaddebdc33f608ea76ccc13921ef5bf03eebfb59aa382dc2471a9b7a5

[vv181]

Are there any minimum requirements for nodes to be included in the incentive program? Like it requires x amount of time that the node must be online in order to be randomly selected. Or peoples can run up their node just before the node picking time and get included in the incentive reward? which is unlikely the program run that way. I tried to seek any info about it on the website but can't find a clue.

EDIT:
Never mind, found the answer while looking @op post history. Anyway, wouldn't it be good if the info posted on the first page?

[FutureBitcoin]

No interest. TL. Fiasco?

[OcTradism]

No interest. TL. Fiasco?

You probably love Bitgesell too much, don't you? 
Mineable coins are better than staking coins or yielding, farming tokens. Cost is needed to get mineable coins. The volume is falling and when it becomes flat together with a flat channel of price, it would be a confirmation of something big.

It does not make sense to FUD a small coin. Take dips on exchanges and wait for big news after a completion of accumulation.

[FutureBitcoin]

No interest. TL. Fiasco?

It does not make sense to FUD a small coin. Take dips on exchanges and wait for big news after a completion of accumulation.

No FUD, just facts, man. There was one moment when the price began to rise, but a weak holder sold only 50k coins and collapsed the market.
These shit exchange, I mean Digi and Hotbit, are intended only for sale and dump.