Bitgesell a model of operation helps to increase the value of $BGL
Bitgesell is a dynamic and interactive network that leverage it own blockchain in order to bring about full transparency and reliability to all process. Bitgesell blockchain is more to the far future with hypermodern view.
The blockchain is an open and distributed ledger. It only allows to record data in an apparent-only manner meaning new records can be apppended on to a ledger but old records can’t be tampered with without creating an entirely different ledger. This unique property allows the ledger to be an easily auditable and solid database that can be trusted by two or more parties without any doubts in it’s trustworthiness.
Bitgesell is a young blockchain project started in April this year by Emma Wu. Its codebase is borrowed from Bitcoin, but has some differences in some aspects. Bitgesell has learned from the mistakes and challenges that Bitcoin and other PoW networks went through in their early years. Its main goals at launch were to create an asset that will continue to grow in value through some changes to the internal asset model. With the many problems of modern blockchain such as; energy consumption, scalability, large block size, high transaction rate etc, Bitgesell modified the architecture of it blockchain to improve it communication protocols, network infrastructure, consensus algorithms and many more.
Being a model of operation helps to increase the value of $BGL which is use to leverage transactions on the Bitgesell blockchain. 90% of the transaction fee is burn to decrease the supply thereby increasing the demand and decreasing the supply.
Accelerated halving: The rate at which halving occurs in bitgesell is faster, greater and unique than other blockchain industries. It halving occurs at every 210.00/4 or 52.500.Speed is key and vital as long as technology is concern. Everyone wants their transaction to be carried out in matter of seconds and not ancient ways of hours to carry out transactions. Bitgesell blockchain technology has all the best features of fourth generation blockchain with faster consensus, ultra-fast transaction confirmation included. These ensures maximum speed in transactions.
Bitcoin is an electronic currency created by the genius Satoshi Nakamoto in 2009. Designed using a peer-to-peer network without centralized storage or a single administrator, financial experts call bitcoin a decentralized currency. Bitcoin uses a database that is distributed and propagated to the nodes of a P2P network to a transaction journal, and uses cryptography to provide basic security functions, such as ensuring that bitcoins can only be spent by the person who owns them, and never more than one time.
Now people have started to be interested in using bitcoin as a means of payment or as a means of long-term investment. For those of you who don't know much about it, bitcoin is a virtual currency where people can make transactions through electronic devices such as computers or smartphones that you have.
Website: https://bitgesell.ca/
Twitter: https://twitter.com/Bitgesell
Reddit: https://www.reddit.com/user /bitgesell/
Facebook: https://www.facebook.com/Bitgesell Telegram
Community
: https://t.me/bitgesellofficial
Discord: https://discord.gg/VEwqJVMMPw
Ownership
Username : cryptopowering
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1771063;sa=summary
BGL wallet address : bgl1qgha32jpumwzu2l5ujc689z082cpc9me9cmmzk9