Bitgesell is a proof of work (PoW) digital currency




Digital currency or commonly referred to as cryptocurrency is a virtual currency that does not have a physical form. Cryptocurrency itself means currency technology whose transactions are invisible and safe. Although it does not have a physical form, this type of currency has an exchange rate in conventional currencies.

The functions and uses of this digital currency are the same as the functions and uses of conventional currencies in general. It's just that this cryptocurrency does not have a physical form like conventional currency. Even so, they both have the same function. In addition, digital currency also has value. That way you can use it for transactions.

Even so, the transaction must be done via the internet. Now, because the way transactions and payments are virtual, digital currencies require good security. The goal is that your virtual treasure is not easily stolen by others. This is where a more complicated code is needed than usual for the sake of securing this digital money.

Every transaction made with digital currency is direct, without any third party or third party. For transactions in this currency, ordinary computers are not able to accommodate them. You need to have a sophisticated computer. The platform that is generally used is Blockchain. With this platform, you can transact with your digital currency smoothly and well.

Bitgesell

Bitgesell is a proof of work (PoW) digital currency developed on its own "bitgesell chain" to function as a store of value just like bitcoin. Bitgesell's main goal is as a store of value, emulating bitcoin with only a maximum supply of 21 million Bitgesell coins ever in circulation. After learning from bitcoin bottlenecks; the flagship cryptocurrency, Bitgesell was able to go one step ahead of bitcoin by developing a tokenomic that is superior to bitcoin.
Bitgesell burns 90% of transaction fees to not only increase the value of the bitgesell token but also increase its rarity thereby increasing it as a store of currency value.

The Bitgesell Ecosystem is selected and designed by a complete and adequate group of teams with respect to Knowledge, Intelligence and Credibility who choose to work hard effectively every day to design a Unique and Modern Cryptocurrency called "BITGESELL BGL" which is enhanced in value coins, releasing multiple efficiencies for each user who holds it. But the perceived and analyzed characteristics that made Bitcoin what it is, are profitable and are still held by Bitgesell Coin, for example, a derivative of its codebase.

But when it comes to scarcity, Bitgesell takes it a very long way. Considering the high difference between Bitcoin and Bitgesell which describes burning around 90 percent of transaction fees, the tokens here will not only reach the maximum level of achievement.

Bitgesell is planned as an open road and local area project, so all deal options depend on the local area. As a component of this segment, readers and observers will be familiar with the ongoing turn of events and future developments or security anticipating BTC.

In another setting let's imagine the accelerated feature of BGL, given the rate at which the halving occurs is so extraordinary, as the halving is then split qualaterally compared to the speculative asset Bitcoin which halves itself every 210,000 blocks. So for Bitgesell, the halving will be 52,500 blocks over a 365 day timeframe.

Bitgesell's first split as has happened in April, which will now reduce the Rewards block to 100 BGL, leaving the fact that it was around 2054 when BGL clicked level 0, sad to say the scarcity of the entire Bitcoin is something to really be afraid of because it has going to click zero level at 2140 to be sad and bad…. Good.

Every individual might like to run their OWN Bitgesell node as it is open to everyone, be it not a very strenuous task or an impossible task as it only takes 6 steps in less than an hour around 5 minutes

Step 1
Visit https://bitgesell.ca and download the appropriate Windows 64-bit version installer file

Step 2
Run Installer file

Step 3
Select the installation destination folder

Step 4
Select Folder Start menu

Step 5
Click install and leave it too

Step 6
Done and run BGL CORD

To proceed from here, please visit: - https://bitgesell.medium.com/?p=1b7f565f1ed0

for more in the next stage.
The online blockchain hackathon powered by BITGESELL as an opportunity provided for utilization by many crypto enthusiasts, registering 274 members consisting of 34 teams, provides space for each participant to contribute to the development of a unique Laptop and well-designed Mobile Wallet Solution

BGL Token

BGL is a ticker for Bitgesell coins used as a store of value. It is a multi-chain coin that exists on the binance smartchain as wrapped bitgesll (WBGL BEP20) and on the ethereum chain as wrapped bitgesell (WBGL ERC20) The wrapped bitgesell value is the same as the original BGL in the chain bitgesell, i.e; 1 WBGL BEP20 = WBGL ERC20 = 1 BGL.
BGL can be traded on Crex24, HOTBIT and DigiFinex.

Purse

The bitgesell wallet is available as a mobile wallet on both android and ios, and also as a browser extension, and a PC wallet.

With BGL TOKEN, the individual is faced with a more decentralized and tokenizing platform which enables peer to peer transactions through his wallet while Receiving, Storing Transfer Tokens thereby Creating transparency with User Friendly Interface with its Users and Profitable Results in Value.

Conclusion

Bitgesell with its superior tokennomics over other proof-of-work, Coins like bitcoin have proven to be a rare store of value to be reckoned with in the crypto verse. With a steady supply of only 21 million BGL ever in circulation, 90% burnt transaction fees and a half cycle of only 1 year, bitgesell is a real coin that serves as a store of value.

Detailed Information:
Author : lani123lani
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1220105
My BGL Wallet Address : bgl1qz20dj78kn5qpvg5e7j90hxyejf3tyexjlf8wa5
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