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Topic: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue - page 15. (Read 28273 times)

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
jr. member
Activity: 45
Merit: 17
Tx is still stuck into the bridge for 10 days. 5fce97e0fbd67d02fd9a8fffa6f8d4169eafcbbaa4ed01ba651a5f03cd214632.


Hey Castor, the tx should have been refunded day before yesterday, please check. Sorry it was missed.

hey Vanorton

There are more stuck transactions on the bridge. Please check. Thank you!
jr. member
Activity: 33
Merit: 17
Tx is still stuck into the bridge for 10 days. 5fce97e0fbd67d02fd9a8fffa6f8d4169eafcbbaa4ed01ba651a5f03cd214632.


Hey Castor, the tx should have been refunded day before yesterday, please check. Sorry it was missed.
newbie
Activity: 29
Merit: 11

well done nice effort! it is easy to use and has clear information. +1 merit for you Wink  

Can you add also a link that redirect to "last block/ last transactions", pool transactions? and data about burnt coins?
I think these are useful information to be seen in a quick way...


Thank you. I have added the links to last block/transactions,unconfirmed transactions and burnt coins.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit

well done nice effort! it is easy to use and has clear information. +1 merit for you Wink  

Can you add also a link that redirect to "last block/ last transactions", pool transactions? and data about burnt coins?
I think these are useful information to be seen in a quick way...
newbie
Activity: 29
Merit: 11
jr. member
Activity: 45
Merit: 17
Hi dear community

I want to announce (and we can publicly confirm) this address to be the address with 'burnt' coins
in addition to the coins being burnt within tx fees.
So that anyone could burn a portion of coins on their own discretion (within a project activity, etc.)

The address is: bgl1q00000000000000000000000000000000tm54qt
(it is generated to be valid, last bytes are checksum, but no private key for it obviously)

Explorers and BGL Core could (and would) be eventually upgraded to count such coins burnt and out of circulation (I would ask our software contributors to take this address into consideration).

What are the features of this?
- we can count what amounts were sent to this address, from where for any period of time;
- we can create different mechanics on top of that: captcha mechanism to send some amount, contest-lottery "burn the ticket"  0.1 bgl = 1 ticket, DAO mechanics (who burns more in a period get more voting power or burn to create a proposal), burn can be a provable reputational merit (a factor of prestige, status as a luxury good, like expensive watch, car etc.)

Would like to see your opinions, ideas for contests, mechanics for this thing!


Dear Emma, any updates on listing of BGL on exchanges? Right now there is no exchange one can buy BGL from... Please let us know! Thanks!!!
newbie
Activity: 29
Merit: 11
Tx is still stuck into the bridge for 10 days. 5fce97e0fbd67d02fd9a8fffa6f8d4169eafcbbaa4ed01ba651a5f03cd214632.
copper member
Activity: 161
Merit: 67
Hi dear community

I want to announce (and we can publicly confirm) this address to be the address with 'burnt' coins
in addition to the coins being burnt within tx fees.
So that anyone could burn a portion of coins on their own discretion (within a project activity, etc.)

The address is: bgl1q00000000000000000000000000000000tm54qt
(it is generated to be valid, last bytes are checksum, but no private key for it obviously)

Explorers and BGL Core could (and would) be eventually upgraded to count such coins burnt and out of circulation (I would ask our software contributors to take this address into consideration).

What are the features of this?
- we can count what amounts were sent to this address, from where for any period of time;
- we can create different mechanics on top of that: captcha mechanism to send some amount, contest-lottery "burn the ticket"  0.1 bgl = 1 ticket, DAO mechanics (who burns more in a period get more voting power or burn to create a proposal), burn can be a provable reputational merit (a factor of prestige, status as a luxury good, like expensive watch, car etc.)

Would like to see your opinions, ideas for contests, mechanics for this thing!
hero member
Activity: 1722
Merit: 801
Well, Hotbit as usual, they were hacked, now the involvement of a former employee in a criminal scheme and the blocking of Hotbit funds by law enforcement, what is happening there for the second year in a row, I hope some details will appear soon.
It's good for me when I went first and took care of myself.

They were hacked and got back to work but I lost my faith in them. I did not want to bet that their works actually improve their security to be strong enough to avoid another hack. Finally another hack happened and this time, it looks worse.

Because Hotbit has yet recovered from the past hack and this time, the hack is in bear market when exchanges are suffering loss of income from trading fees.

I hope they will be fine and their users will be fine as well. God bless you.
legendary
Activity: 2674
Merit: 1138
I assume that BGL has a different mining mechanism compared to ETH but was wondering if some miners would be interested to direct their interest in mining to mine some BGL coins after Sep 15 (ETH switching to POS). Of course there are still many interesting POW projects out there and I assume that ETC likely be their first choice but still... Just a theory.  Hopefully if the team is going to publish their article soon, this should catch some attention from potential miners and help with BGL overall mass adoption.
I don't think this is possible for this coin. Different mining equipment and different hashing algorithms are used. Of course, if the price of the BGL coin was an order of magnitude higher, then the network power would be an order of magnitude higher.
And I will repeat my question that I asked here earlier, how can I deploy a node for the Lightning Network protocol?
member
Activity: 142
Merit: 48
Oh boy this thread has become so silent  Grin

I assume that BGL has a different mining mechanism compared to ETH but was wondering if some miners would be interested to direct their interest in mining to mine some BGL coins after Sep 15 (ETH switching to POS). Of course there are still many interesting POW projects out there and I assume that ETC likely be their first choice but still... Just a theory.  Hopefully if the team is going to publish their article soon, this should catch some attention from potential miners and help with BGL overall mass adoption.

I have made a transfer between my BGL wallets and the cost of transaction was a tiny fraction of one cent in BGL price. I believe it was less than 0.001 cent. Cheaper than any other blockchain that I am aware of (ETH, AVAX, SOL, ALGO, TRON, ADA and even BNB). Something to think about.

To the team: I know it takes time to list a coin on any exchange but some update concerning future listing would be much appreciated. I am sure I am expressing opinion from the entire BGL community. Please value our concerns as we are your truly believers and hodlers. Do let us know please.  Smiley
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