Hello everyone... Here I will inform you by writing a review to introduce a very unique new project called BITGESELL , so for that, have a look at the article I created below to give you a very good overview of the project, then Benefits what do they give everyone? Let's go straight to the discussion below.
Introduction
The existence of blockchain technology can be dated to as far back as when Bitcoin cryptocurrency was created in 2008. The blockchain serves this cryptocurrency only with two smart contracts. With the excess consumption of energy by bitcoin blockchain, many blockchain projects and CEOs' of industries have develop blockchains which over the years have proven ineffective and unliable. These and many more has lead to the questioning of blockchain in the Crypto space. What then is the solution— Bitgesell.
ABOUT BITGESELL
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.
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.
WHY CHOOSE BITGESELL
- It unique burning mechanism: Bitgesell 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
- Transparency: 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.
- Speed: 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.
BGL Token
BGL is the ticker for the Bitgesell coin that is used as a store of value. It is a multi-chain coin that co exist on the binance smart chain as wrapped bitgesll (WBGL BEP20) and on the ethereum chain as a wrapped bitgesell (WBGL ERC20) They value of the wrapped bitgesell is the same as the original BGL on bitgesell chain, that is; 1 WBGL BEP20 = WBGL ERC20= 1 BGL. BGL can be traded on Crex24, HOTBIT and DigiFinex.
Wallet
The bitgesell wallet is available as a mobile wallet on both android and ios, and also as browser extension, and PC wallet.
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.
Contact Information
Website: https://bitgesell.ca/
Twitter: https://twitter.com/Bitgesell
Telegram: https://t.me/bitgesellofficial
Medium: https://bitgesell.medium.com/
Discord: https://discord.gg/uTZtBbRuEn
Author: dey90
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=731808
BGL Address: bgl1qmrryxpl3qu6qacrzc6jhjhxmp6vp4vdyugse8x