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Topic: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue - page 14. (Read 28066 times)

jr. member
Activity: 45
Merit: 17
@vanorton, @EmmaWu how about Lightning Network for BGL?
Up for this question.

Hi guys, Lightning Network technically should be supported by BGL as we are continuously syncing with BTC codebase and this feature should be present 'out of the box'.
Currently there is a space in the blocks for your tx to get there comfortably, so no urgent need for Lightning on BGL, but technically it is there.
Anyone could set up a payment channel if they want to, why not.



because I saw some bridge posts having a bit of a problem, so I bought WBGL on pancakeswap, and it worked fine.
hope to buy more WBGL in this month.  Wink

I did not say that I could not buy WBGL from the bridge. I stated that I could not transfer my BGL coins from my wallet to the bridge no matter what RPC I used and there were plenty of wbgl coins available on bsc network. Why dont you read my posts one more time and this time do it carefully?

PS I used to be a great advocate of this project, just read my previous posts. However, I think that team should provide some updates concerning this project. I believe that Emma was talking about hiring a marketing person back in April of 2022, then there was some talk about a publication in a tier 1 journal, there were also some questions from the community regarding exchanges and lightning network that went unanswered... Dont get me wrong, this project is great and has a great potential but the team needs to provide some updates to the community if they want to keep this project flowing through the bearish times and keep trust from the community.

PS2 I still dont know if the problem with the bridge was fixed because right now there are no wbgl coins to swap through the bridge so I cant test it. 

Thank you for the feedback and your support! The main problem is to find a proper person to take care of marketing, unfortunately the search still goes on (open for proposals here), but the activity is present nonetheless, check recent articles.
We are pretty consistent on providing updates at 2nd post in this thread, it's regularly updated, check it out:
https://bitcointalksearch.org/topic/m.54173808
Don't worry BGL is here to stay.



Dear Emma,

Thank you for your thoughtful response. I have been testing the bridge by sending BGL coins from my wallet via BSC network and it works fine. Thank you for fixing it.

I think BGL has a very bright future. I personally seeing this as an opportunity to buy a unique blockchain and a better version of BTC at such a ridiculously cheap price.

Do you still plan a publication in a tier 1 journal? Please let us know.

PS May I suggest something that would be potentially helpful? What of you or someone from the team will make either bi-weekly or a monthly brief ( a few sentences) report on BGL progress right here, on this thread? This would help BGL community to stay on the top of things. Please let us know.

PS 2 Best of luck with finding a suitable candidate for marketing. 
copper member
Activity: 161
Merit: 67
@vanorton, @EmmaWu how about Lightning Network for BGL?
Up for this question.

Hi guys, Lightning Network technically should be supported by BGL as we are continuously syncing with BTC codebase and this feature should be present 'out of the box'.
Currently there is a space in the blocks for your tx to get there comfortably, so no urgent need for Lightning on BGL, but technically it is there.
Anyone could set up a payment channel if they want to, why not.



because I saw some bridge posts having a bit of a problem, so I bought WBGL on pancakeswap, and it worked fine.
hope to buy more WBGL in this month.  Wink

I did not say that I could not buy WBGL from the bridge. I stated that I could not transfer my BGL coins from my wallet to the bridge no matter what RPC I used and there were plenty of wbgl coins available on bsc network. Why dont you read my posts one more time and this time do it carefully?

PS I used to be a great advocate of this project, just read my previous posts. However, I think that team should provide some updates concerning this project. I believe that Emma was talking about hiring a marketing person back in April of 2022, then there was some talk about a publication in a tier 1 journal, there were also some questions from the community regarding exchanges and lightning network that went unanswered... Dont get me wrong, this project is great and has a great potential but the team needs to provide some updates to the community if they want to keep this project flowing through the bearish times and keep trust from the community.

PS2 I still dont know if the problem with the bridge was fixed because right now there are no wbgl coins to swap through the bridge so I cant test it. 

Thank you for the feedback and your support! The main problem is to find a proper person to take care of marketing, unfortunately the search still goes on (open for proposals here), but the activity is present nonetheless, check recent articles.
We are pretty consistent on providing updates at 2nd post in this thread, it's regularly updated, check it out:
https://bitcointalksearch.org/topic/m.54173808
Don't worry BGL is here to stay.

jr. member
Activity: 45
Merit: 17


because I saw some bridge posts having a bit of a problem, so I bought WBGL on pancakeswap, and it worked fine.
hope to buy more WBGL in this month.  Wink

I did not say that I could not buy WBGL from the bridge. I stated that I could not transfer my BGL coins from my wallet to the bridge no matter what RPC I used and there were plenty of wbgl coins available on bsc network. Why dont you read my posts one more time and this time do it carefully?

PS I used to be a great advocate of this project, just read my previous posts. However, I think that team should provide some updates concerning this project. I believe that Emma was talking about hiring a marketing person back in April of 2022, then there was some talk about a publication in a tier 1 journal, there were also some questions from the community regarding exchanges and lightning network that went unanswered... Dont get me wrong, this project is great and has a great potential but the team needs to provide some updates to the community if they want to keep this project flowing through the bearish times and keep trust from the community.

PS2 I still dont know if the problem with the bridge was fixed because right now there are no wbgl coins to swap through the bridge so I cant test it. 
jr. member
Activity: 45
Merit: 17
There is still a problem with a bridge on BSC network, although bglswap has been showing that there are 33009 wbgl coins, all transfers from BGL wallet are being returned. Its been for several days by now... Angry

Please take a look, thanks for your help.
legendary
Activity: 2674
Merit: 1138
@vanorton, @EmmaWu how about Lightning Network for BGL?
Up for this question.
jr. member
Activity: 45
Merit: 17
To BGL team:

A bit of update concerning the bridge

I am still experiencing a problem with a bridge. I tried remove any address from RPC node and literally any amount of coins that I try to send out from my wallet through the bridge via BSC are being returned. I previously tried various addresses for RPC nodes and still no success.

In the mean time I have sent my BGL coins to Hotbit and there was no issue. So there is there is something with the bridge.

Just giving some head ups. Please take a look. Thank you for your help.
newbie
Activity: 29
Merit: 11
A live visualisation of Bitgesell network activity
http://mempool.bglnode.online
jr. member
Activity: 45
Merit: 17
Hi guys,

I want to announce possible interesting changes to BGL that we plan to start working on following months,
as always, your thoughts and opinions are most valuable, please participate:
https://bitgesell.ca/download/bglips/bglip1.pdf

we are announcing this publicly too:
https://[Suspicious link removed]day/bitgesell-bgl-introduces-dynamic-block-size-for-more-efficient-tokenomics

if you want to join the project please participate in BGL GitCoin program https://gitcoin.co/issue/29030,
if you have model proposals for dynamic block size calculation, let's discuss here.


hi Emma - this is another great update, thanks!

I think that the BGL bridge may have some problems. I have been trying to send some BGL from my wallet through the bridge via BSC network and no matter how small transaction is, all coins are returning within minutes. Right now bglswap shows that more than 19K available on BSC network but I cant even send 100 BGL. I also tried 2 different RPC nodes:

https://pool.bitaps.com/
 https://bglnode.online

but no success. Please help

PS Hope your publication in a tier 1 journal goes well Smiley
copper member
Activity: 161
Merit: 67
Hi guys,

I want to announce possible interesting changes to BGL that we plan to start working on following months,
as always, your thoughts and opinions are most valuable, please participate:
https://bitgesell.ca/download/bglips/bglip1.pdf

we are announcing this publicly too:
https://u.today/bitgesell-bgl-introduces-dynamic-block-size-for-more-efficient-tokenomics

if you want to join the project please participate in BGL GitCoin program https://gitcoin.co/issue/29030,
if you have model proposals for dynamic block size calculation, let's discuss here.
hero member
Activity: 2338
Merit: 757
Guys be advised, Crex24 told us that they are going to close the exchange, please withdraw coins from Crex24 exchange
Crex24 exchange is a very old one and they existed in the 2017 bull run. It is sad to see their closing but I think it is reasonable as their trading volume is so low.
Unfortunately, this may not be the main platform for closing. This is a suspicious platform and there is strong evidence and indications that it is linked to the scam casino 1xbit and 1xbet (well known in btt forum) : Crex24.com = 1xBet = 1xBit. Owners of fraudful exchange have been de-anonimyzed
As for withdrawing money from the platform, this is practically not possible now, and if you want to access your account on it, a message will appear that your country is blocked and all your attempts will not work even if you changed your country. On their Twitter account, the representative of the platform will tell you to contact support to obtain an entry link for a short period of time, but so far no one has written that he have succeeded to log in and withdraw his coins .
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
we need another exchange maybe also a well known exchange with good reputation. Likewise a top exchange with a broad user base/broad volume of trading. If we are at this point just with a dex and a couple of small exchange Roll Eyes
 
Did we have any update on this? We are talking from a while about this necessity but it seems everything the same ... Sad

at least one more exchange is definitely needed. unfortunately, there is not enough trading volume here and that is the most important condition for BGL to be accepted by some exchanges with a good reputation.
I'm not sure how accurate the Pancakeswap data is, but by CMC it is only $4k in the last 24h. it is certainly not interesting in more serious exchanges.
jr. member
Activity: 45
Merit: 17
I am sure that BGL team does not want to waste their efforts during this bearish season and we will hear a lot of good news such as the publication in tier one journal or good exchanges once the trend will turn around  Wink I hope to see BTC will go up before mid term elections (mid October -  November) and BGL will likely follow. November is usually a good month for crypto as well.

If not, then I will hodl till next halving. Not a biggie.

In the mean time, I just filled my bag with cheap BGL  Smiley Thanks FRC  Smiley
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
we need another exchange maybe also a well known exchange with good reputation. Likewise a top exchange with a broad user base/broad volume of trading. If we are at this point just with a dex and a couple of small exchange Roll Eyes
 
Did we have any update on this? We are talking from a while about this necessity but it seems everything the same ... Sad
jr. member
Activity: 45
Merit: 17
Good news for BGL: Hotbit is back!

However, there are only few seller orders, only buyer orders unless the seller is willing to go much higher.

At least one exchange in addition to the bridge.
hero member
Activity: 2366
Merit: 838
Guys be advised, Crex24 told us that they are going to close the exchange, please withdraw coins from Crex24 exchange
Crex24 exchange is a very old one and they existed in the 2017 bull run. It is sad to see their closing but I think it is reasonable as their trading volume is so low.

11 BTC for trading volume in 24 hours is very low. The blossom of DeFi in 2020 caused lot of issues for small centralized exchanges. If they are small, people will not use their service and will pick decentralized exchanges for more convenience.
copper member
Activity: 161
Merit: 67
Guys be advised, Crex24 told us that they are going to close the exchange, please withdraw coins from Crex24 exchange
legendary
Activity: 2674
Merit: 1138
@vanorton, how about Lightning Network for BGL?
jr. member
Activity: 33
Merit: 17
There are a few transactions stuck on the bridge now. Please help

Hi, yes, there were no errors when tx were sent from the bridge, but one got stuck somehow in BSC, and several others were already sent but were waiting in mempool queue a result.
Re-broadcasted that one and others were executed. I would check what was the reason for such issue (gas price was ok).
Thanks for pinging me.
jr. member
Activity: 45
Merit: 17
There are a few transactions stuck on the bridge now. Please help
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