Topic: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue - page 56. (Read 27026 times)

Hi!

Could you please give an example of a node configuration for BGL?

1. This not an 'another fork' of bitcoin, this is an attempt to create new asset with new economical properties. I could use other code base, e.g. Eth one, or from one of the altcoins, so the emphasis is more on economics, not the programming. So I chose to use bitcoin code for this goal.
2. The goal is not technology for the sake of technology, even more, let me put it rather bluntly, other approaches (of consensus, infrastructure, programming languages, etc.) yet to have reach BTC success and adoption.
3. I lean towards PoW consensus, because this mechanics is the only one existing right now that is directly bound with material world through physical principle. In the end, if to extrapolate, PoW stimulates more efficient hardware, and more efficient technological process and faster chips, which moves digital economy forward. We share this evolutionary approach with bitcoin.
4. Miners get coin for spending real material resources that cost traditional money (GPUs, ASICs RnD and making of them, electricity paid in yuan). But to compensate for mining costs they have to sell mined coin. This allows for the distribution and rotation of the coin, helping with fair pricing, material world connection and liquidity.

5. You've asked great first question. I'd like to send you some BGL coins as a bonus for it (if you have BGL address, please send me). There is hackathon going for next 2 days, we should have wallet software updates hopefully, if you don't have BGL address, come back in few days

Just a small hints list that may help in solving the task:
- Get a wallet address for test and private key (every team should be provided one);
- Set up a full node and run it (binary package is OK, use clean Ubuntu VM), let it sync, it does that in 3-5 minutes;
- When running node for the first time it would create ~/.BGL directory, new wallet and addresses (older-fashioned, BTC-Core way derivation);
- Play with RPC:
  - use dumpwallet to save 'your' addresses;
  - send a transaction from provided wallet to 'your' address using a sequence of:
    createrawtransaction/signrawtransaction/sendrawtransaction
    wait for the block to be mined and coins arrive at your wallet
- Check most important changes that were implemented from bitcoin regarding wallet interaction:
  - hashing algo change for blocks/transactions: hash.h, class CHash256 was split into additional CHash256BlockOrTransaction (keccak);
  - signing salt is changed (search for strMessageMagic);
- Pick some open-source BTC compatible wallet that you think is robust enough;
- Make changes;
- Test changes.
This is a pretty bird-eye view, but hopefully can help.

Today 2020 year
not 2017
not 2018
not 2019!!
And humanity has PoS, BFT and oher types of consensus..
Graphene, tendermint.. so many blockchain frameworks
Ethereum change consensus to PoS at 1th December..
Proof of Work is unfriendly to the environment and outdated technology.
And my question is..
Why you make another fork of bitcoin in 2020 year!??
 

Upon request of EmmaWu we support Bitgesell wallet hackathon.

 Just created draft BGL JS library https://github.com/bitaps-com/jsbgl

Signed transaction working example
https://github.com/bitaps-com/jsbgl/blob/beta/test/jsbgl.test.js#L2112

https://bgl.bitaps.com/78c5454deb539ca6712a548ecef6b84061d79318a3ff565ce9854f403c37cc59

Example changes from jsbtc  to  jsbgl

https://github.com/bitaps-com/jsbgl/blob/beta/src/classes/transaction.js#L608

We invite everyone to contribute to this library

Hope it will help for Bitgesell wallet hackathon participants

New winner of the transaction contest!
https://bglcontest.bitaps.com/
Block  # 32405
2020-11-06 12:55
bgl1qqz9ckd6lyu0n9mng9wjajwz4r3u6uw7r4zf0ze  (19682 transactions) - one more record!
Congrats!
reward is here 4332879ac0cb96d7ea80ded59426cd5d4079b8d2f3d1cc6521085e09e8b4a749

Tomorrow is the start of a Bitgesell wallet hackathon. I would be supporting and answering questions here, AFAIK there would be some checkpoints specifically for Q&A sessions, nonetheless I would try to constantly be here from early evening CET to answer questions (mostly on the technical side). Please try to elaborate on the topic and everything should be alright. Best of luck to the teams!

Thanks Emma, well received. Buon appetit!

That's perfect!
edf4abfd54c2a45004aaa73596b4ab38434019f1dd3d1d0b12fd427a5528f389
2100 bgl for this pizza!) Its $23USD right now.
Bon appetit!

Laslo:
So nobody wants a pizza?
I just want to report that I successfully traded "2100 bgl" for pizza.
Thanks sloiz!

Hello everyone!

Tomorrow will be the launch of the hackathon! Tune in here from 6 to 8 November and see what the 30 selected teams come up with. They will be here on the forum asking questions so let's make them feel welcome 

Join the conversation in our official Telegram channel!
[Bitgesell - $BGL
Official Telegram Group of Bitgesell.             Digital Asset #Bitgesell $BGL #realstoreofvalue
Provides the Perfect Ecosystem for True Digital Gold.

https://t.me/bitgesellofficial]

https://mybglwallet.com

Nice!

bgl1q46dy2zdzhkkfw73dfapfl45agh0asgyrc0nqg9

Hey guys!

I think it's a good idea to make a pizza event! I want to treat people and pay for their pizza in BGL.

Please order pizza and post:
- a photo of pizza and bill (convert to USD/EUR if other currency);
- your BGL wallet address;

First 5 bills would be covered by me. Bon appetit!

(Idea is coming from this epic history: https://bitcointalksearch.org/topic/pizza-for-bitcoins-137)

Congratulations to new winner of the transaction contest!
https://bglcontest.bitaps.com
block #30389 2020-10-23 09:52
The address bgl1qqz9ckd6lyu0n9mng9wjajwz4r3u6uw7r4zf0ze made 4229 transactions.
Reward txid is 937e4da1bc24d760fc17806acfe18e595d8257c028b53390de420c8c7b9dd932

---

Congratulations to new winner of node incentive program!
https://bglcontest.bitaps.com/nodes  2020-10-26 Total network nodes: 31

Here's winners list:
bgl1qnuy5y59t7whymvfjc9tcn8gyjf0l0qs37v39sw
bgl1qr7axmtets2zqmv6xhzvp09nxpmtkajfx7xk0e8
bgl1qge8v9jrasd922cge0t9ngyfnvjm2dd26qkfsk4
bgl1qxv49wh3hdewlfdvx42ljhnnc03upt2uts3rx3r
bgl1qe4yaqr3qndq5n6n82wc97wc5myx345dmn6wj44
bgl1q37ctk7ys807nh33e9t83zgcp6p4uaaturdg8a5
bgl1qnl58hvrytnqmp3pw9uame24tcxw6y8dfwnlj49
bgl1qw82jt9a4x8c58ute0hpsv8f60dzzsw0eufjaxa
bgl1qylqgf65wcxw86kd6j0ht408fdyuuen46fefuwt
bgl1q6fmzsjlpnsg63j78wth0w0n36mf8l0mx6vps6m
Reward txid is 0c899af952357b88ad34602df1472cc5e3156696d55389e84584a1182b97622b

---

Next winner of the transaction contest!
Block  #31397
2020-10-30 07:57
bgl1qqpw5vkt5alnn3yzaknjm3nyegs6hs7rgp7sv02 (17122 transactions) - new record!
Congrats!
reward is 2a83a03c02928e21227f39d31cb65c65f6559dc6cfb21e55fa24f2c2e68421c2

---

Congratulations to new winner of node incentive program!
https://bglcontest.bitaps.com/nodes 2020-11-02 Total network nodes: 32

Here's winners list:
 bgl1qnl58hvrytnqmp3pw9uame24tcxw6y8dfwnlj49
bgl1qw82jt9a4x8c58ute0hpsv8f60dzzsw0eufjaxa
bgl1qe4yaqr3qndq5n6n82wc97wc5myx345dmn6wj44
bgl1qge8v9jrasd922cge0t9ngyfnvjm2dd26qkfsk4
bgl1q6fmzsjlpnsg63j78wth0w0n36mf8l0mx6vps6m
bgl1qylqgf65wcxw86kd6j0ht408fdyuuen46fefuwt
bgl1qczfq6audnx8ts7eyk4859hcn0xsv06f3rzvwch
bgl1qnuy5y59t7whymvfjc9tcn8gyjf0l0qs37v39sw
bgl1qzxrnqw27sy3wkf5whvp5ku0mmjxd3aed0z7x2a
bgl1q37ctk7ys807nh33e9t83zgcp6p4uaaturdg8a5
Reward txid is 7907f193b30b6559542e4f210b84edd58ac33a5f2b9239068c44adb361155f2d

thank you , maybe i will join with my team, we were working at code already

30 best teams will compete for the prize fund of 30,000 USDT at Crypto Wallet Kikstart (Powered by Bitgesell) online hackathon. It'll be held November 6-8

At the hackathon, participants will develop Cryptocurrency Wallet as web app and as a mobile app.

Also at Crypto Wallet Kikstart will be:
• food delivery;
• merch;
• the opportunity to launch a product!

We invite to participate:

• Team leaders: hustlers, presenters, managers, connectors, idea generators;
• Fullstack/Mobile/Front + Back developers;
• Blockchain enthusiasts/Backend developers;
• Designers.

Register by November 3 8:59 pm (GMT +0) via the link: https://mybglwallet.com/

Don't forget to join the Telegram chat to find like-minded people: https://bit.ly/3iZXGpd

We are waiting you for the Crypto Wallet Kickstart online hackathon!

hello i want to do these bounties but it says me there is already someone working at it. i think that these tasks are very easy. i can do them . the people that signed for it arent doing anything

2020-10-19 Network is now 31 nodes! News nodes added: Japan, Australia, Great Britain

Here's winners list:
bgl1qw82jt9a4x8c58ute0hpsv8f60dzzsw0eufjaxa
bgl1qr7axmtets2zqmv6xhzvp09nxpmtkajfx7xk0e8
bgl1qxv49wh3hdewlfdvx42ljhnnc03upt2uts3rx3r
bgl1qge8v9jrasd922cge0t9ngyfnvjm2dd26qkfsk4
bgl1qnl58hvrytnqmp3pw9uame24tcxw6y8dfwnlj49
bgl1qnuy5y59t7whymvfjc9tcn8gyjf0l0qs37v39sw
bgl1qe4yaqr3qndq5n6n82wc97wc5myx345dmn6wj44
bgl1qzxrnqw27sy3wkf5whvp5ku0mmjxd3aed0z7x2a
bgl1qylqgf65wcxw86kd6j0ht408fdyuuen46fefuwt
bgl1q6fmzsjlpnsg63j78wth0w0n36mf8l0mx6vps6m
reward txid ee6aefd07f9c5703134ee086decd15e21db023a84344596deeb9e2f241775927/bgl1qrjqndgsffrtlgap5jje7e9c6ym6z8caq8vuyc3

Congratz!

Hey fellow BGL community!

We are glad to announce 'node incentive program'!
This is aimed at growing our network so the infrastructure would be
more decentralized, more reliable and more secure.

The idea of this project is similar to bitnodes project held in
bitcoin some time ago (now it has transformed into analytics though).
Anyone who has node (or who wants to create new one and join the program)
just enter your BGL wallet address in the user agent comment field when
starting BGL Core (see instruction there,
it's very simple: https://bglcontest.bitaps.com/node_setup).

Every week (1008 blocks) 10 nodes would be randomly picked that contain
wallet address in user agent comment and awarded $20 each. For this particular
moment it means that every new node would get this bonus, until network
grows!
Join the BGL, we will announce winners weekly. Good luck!

https://bglcontest.bitaps.com/nodes

at the start of the program the network is 20 nodes.

---

UPD: During the weekend several new nodes are added (with wallet addresses in user-agent) from Germany, Italy, USA!

Network is now 25 nodes.

First node incentive wallets include:
bgl1qnuy5y59t7whymvfjc9tcn8gyjf0l0qs37v39sw
reward txid  287b8f21d2ed55cf357e72416e8af38979d5ccaffa498e35743bcd576a14714d

bgl1qzxrnqw27sy3wkf5whvp5ku0mmjxd3aed0z7x2a
reward txid  a36082fb6ce0c0addd477edb50cbb2fc4e6e4f97185dbaf2e43bec0c004465b8

bgl1q6fmzsjlpnsg63j78wth0w0n36mf8l0mx6vps6m
reward txid  592ff33d5eb7ee179c9a678a9129e955481c04b8e7589aeaa4373aa86ee34f3a

bgl1q37ctk7ys807nh33e9t83zgcp6p4uaaturdg8a5
reward txid  981597334f1d19d8bf877f3d3d3ad36a291bb161eb1c36b71749d03c2a8dfa73

bgl1qge8v9jrasd922cge0t9ngyfnvjm2dd26qkfsk4
reward txid 1d86188616e315a64c7648b92af4e04f8c032fc893fc68f2c8c7826ee7a592f9

Congratulations to our first winner!
Welcome new nodes and thanks for quick joining, great to see community in action!

A nice use-case article about Bitgesell:

https://[Suspicious link removed]day/how-new-generation-of-community-driven-blockchains-can-solve-bitcoin-and-ethereum-scalability

Keep going. Nice to see continuous development. I believe in this project and therefore give appropriate time to see it flourishing in near future.

Keep fingers crossed. Community believe in bitgesell.