[ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue - page 52.

my luck

legendary

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Quote from: MiningCoinsPool on March 13, 2021, 02:12:13 AM

Quote from: SPQRCoin on March 12, 2021, 09:04:52 AM

EmmaWu
I am trying to run my node using a VPS with Ubuntu 16.04.7 LTS installed. When installing the bitgesell_0 package.1. 2_amd64. deb I get the following error. Tell me what I can do?

Code:

The following packages have unmet dependencies:
 bitgesell : Depends: libc6 (>= 2.27) but 2.23-0ubuntu11.2 is to be installed
E: Unable to correct problems, you have held broken packages.

It appears the .deb file is made from 18.04, but you're using 16.04

It is better to use the 18 or 20 version of Ubuntu. I tried to deploy node for Ubuntu 16. The problem is that it lacks or minor versions of many libraries. In his case that libc6 version 2.27 and higher requires libgcc1, and libgcc1 requires libc6. It's an endless cycle.

MiningCoinsPool

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Quote from: SPQRCoin on March 12, 2021, 09:04:52 AM

EmmaWu
I am trying to run my node using a VPS with Ubuntu 16.04.7 LTS installed. When installing the bitgesell_0 package.1. 2_amd64. deb I get the following error. Tell me what I can do?

Code:

The following packages have unmet dependencies:
bitgesell : Depends: libc6 (>= 2.27) but 2.23-0ubuntu11.2 is to be installed
E: Unable to correct problems, you have held broken packages.

It appears the .deb file is made from 18.04, but you're using 16.04

coin-investor

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Quote from: EmmaWu on March 12, 2021, 01:24:30 AM

You can see hourly updated nodes list at: https://bglcontest.bitaps.com/nodes_list (and can check that it's better to have constantly running node to win rewards)

I just participated in the lottery and I follow the instructions on how to set up my node, my node has been online now for 12 hours already but I have not seen my information in the link you provided

https://bglcontest.bitaps.com/nodes_list

Should I wait for more time or I am not yet qualified.

SPQRCoin

legendary

Activity: 2380

Merit: 1132

EmmaWu
I am trying to run my node using a VPS with Ubuntu 16.04.7 LTS installed. When installing the bitgesell_0 package.1. 2_amd64. deb I get the following error. Tell me what I can do?

Code:

The following packages have unmet dependencies:
bitgesell : Depends: libc6 (>= 2.27) but 2.23-0ubuntu11.2 is to be installed
E: Unable to correct problems, you have held broken packages.

my luck

legendary

Activity: 2744

Merit: 1706

bitgesell.fun & bitgesell.space

Quote from: EmmaWu on March 12, 2021, 01:24:30 AM

Quote from: my luck on March 11, 2021, 02:53:36 PM

It would be nice to hear from the developers how they evaluate the work of the nodes and conduct the lottery.

Hi guys!
The nodes are picked randomly throughout the whole week range. Nodes are crawled hourly.
The more hours node is online - the better the chance for it to be in winners list.
It does not make too much sense to bring up nodes for short time when the period ends (and we see this behavior lately, up to 40+ nodes appear).
It would be more efficient to bring 2-3 nodes online constantly.
probability of win for 40 nodes for 4 hours (~160 points) roughly equals 1 node online for 1 full week (24*7 = ~168 points)

You can see hourly updated nodes list at: https://bglcontest.bitaps.com/nodes_list (and can check that it's better to have constantly running node to win rewards)

Node holders that are connected for short periods of time are not interesting to the system. They do not provide stability and net protection. You need to enter parameters to evaluate the performance, such as Total Uptime, Avg Success Rate etc.
And yes, I deployed another node

EmmaWu

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Activity: 161

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Quote from: my luck on March 11, 2021, 02:53:36 PM

It would be nice to hear from the developers how they evaluate the work of the nodes and conduct the lottery.

Hi guys!
The nodes are picked randomly throughout the whole week range. Nodes are crawled hourly.
The more hours node is online - the better the chance for it to be in winners list.
It does not make too much sense to bring up nodes for short time when the period ends (and we see this behavior lately, up to 40+ nodes appear).
It would be more efficient to bring 2-3 nodes online constantly.
probability of win for 40 nodes for 4 hours (~160 points) roughly equals 1 node online for 1 full week (24*7 = ~168 points)

You can see hourly updated nodes list at: https://bglcontest.bitaps.com/nodes_list (and can check that it's better to have constantly running node to win rewards)

coin-investor

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Quote from: my luck on March 11, 2021, 02:53:36 PM

Maybe some of them worked for a short time, and then turned off. Now I also see only 49 working nodes in the list. It would be nice to hear from the developers how they evaluate the work of the nodes and conduct the lottery.

Thye should show transparency and encourage users to run nodes, the nodes that are participating is still very low compared to other mining based coin the dev should encourage running nodes by adding more incentives, this is the best time to participate in a lottery and buying more BGL while the price is still low, BGL has a good potential in the market.

my luck

legendary

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bitgesell.fun & bitgesell.space

Quote from: SPQRCoin on March 09, 2021, 06:33:08 AM

Quote from: EmmaWu on March 09, 2021, 05:06:04 AM

And congratulations to the winners of the node incentive program!
Total network nodes: 88

You write that 88 nodes participated in the distribution. But I only see 49 connected during same days. And many nodes that won the reward now don't work. What is my mistake?

Maybe some of them worked for a short time, and then turned off. Now I also see only 49 working nodes in the list. It would be nice to hear from the developers how they evaluate the work of the nodes and conduct the lottery.

SPQRCoin

legendary

Activity: 2380

Merit: 1132

Quote from: EmmaWu on March 09, 2021, 05:06:04 AM

And congratulations to the winners of the node incentive program!
Total network nodes: 88

You write that 88 nodes participated in the distribution. But I only see 49 connected during same days. And many nodes that won the reward now don't work. What is my mistake?

EmmaWu

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Activity: 161

Merit: 67

Quote from: my luck on March 09, 2021, 03:04:19 AM

Thank you, good job! I found my note (I rent a VPS for this purpose), but the country is not determined by its IP address. What could be the reason, should I contact the node support provider?

No worries, It doesn't matter

And congratulations to the winners of the node incentive program!
https://bglcontest.bitaps.com/nodes
2021-03-08
Total network nodes: 88
Here's winners list:
bgl1qnuy5y59t7whymvfjc9tcn8gyjf0l0qs37v39sw
bgl1qvtp7eqd4xv4vsnzjfg2gatvyray40s0eetek5r
bgl1qg9xty6e2h2vvhsxdegjsua75tv6gkds4e97jca
bgl1qfcatk2r0jq7v68dkyq32lnx7ejh4qgqfv3zzp0
bgl1q70uxs77qc5r8cuu46t80m2j78d0wccgur5krzd
bgl1q2u8j8u8gk9kv7rhknjeqwmheju2020gfr0q4fz
bgl1qfptc3dz5l4fucla5edt2szr7dx9tfhdgr7me5s
bgl1qyz90r3v73eaa5mqf2y9e90yn5d8ecsz4jll6dw
bgl1qge8v9jrasd922cge0t9ngyfnvjm2dd26qkfsk4
bgl1quapgq0gt0prmawwfnz5k56qeh2wx3rhphztycs
The reward is 1050 BGL for everyone.

Congratulations to winner of the transaction contest!
https://bglcontest.bitaps.com
block #49541
2021-03-07 07:53
The address bgl1qyek697qhpjygwk52uzz8pmwy5k0cpqlg9ysw9c (125669 transactions) WOW! It's new absolute record!
The reward is 5250 BGL

Reward txid is cb809104236846fddb35a9255582ba9e5d76aefd44c53f22553e059fb5b8c988

my luck

legendary

Activity: 2744

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bitgesell.fun & bitgesell.space

Quote from: EmmaWu on March 09, 2021, 01:32:28 AM

Quote from: my luck on March 01, 2021, 04:42:08 PM

Today I run a node to support the project through greater decentralization. Can you tell me what resource I can use to control whether my node is working or not? Maybe a list of nodes...

Hey guys, a minute of updates!

1. Hourly-updated list of BGL nodes can be found here: https://bglcontest.bitaps.com/nodes_list

Thank you, good job! I found my note (I rent a VPS for this purpose), but the country is not determined by its IP address. What could be the reason, should I contact the node support provider?

EmmaWu

copper member

Activity: 161

Merit: 67

Quote from: my luck on March 01, 2021, 04:42:08 PM

Today I run a node to support the project through greater decentralization. Can you tell me what resource I can use to control whether my node is working or not? Maybe a list of nodes...

Hey guys, a minute of updates!

1. Hourly-updated list of BGL nodes can be found here: https://bglcontest.bitaps.com/nodes_list

2. BGL node contest is extended and expanded

so there would be 20 nodes awarded each week! And contest would last till next halving (March 2022)! If someone wants to escrow that, it's possible too.
Note: nodes are picked throughout the week, not at the interval close, so better create 10 more nodes with proper uptime than create 40 for few hours.

Interesting news, check this out:
https://dailyhodl.com/2021/03/07/ethereum-poised-to-become-a-deflationary-asset-as-eip-1559-gets-approved-for-july/

Top coins become deflationary. Wonder what about BTC in that regard

robelneo

legendary

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Quote from: ?? on ??

Is there the latest news? I just checked social media and also Telegram Channels. no new news. but if I check on Hotbit it turns out that only Digifinex has increased Cheesy

Congrats to all holders if you trade on Digifinex. I still hold on Hotbit

Long time holders should keep on holding and those who stumble this project the first time should buy while so cheap, the community is growing so there is a potential, I have read some media coverage or write-ups and all of them are positive, it will take some time before Bitgesell get the attention of the whole community, but this is a new coin under 10 cents with a low supply that's worth holding.

Angel.ALT

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Delete

SPQRCoin

legendary

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You need to fix the link for your project that is listed in your github repository https://github.com/BitgesellOfficial/bitgesell

Quote

Official thread: https://BGLtalk.org/index.php?topic=5238559.0

and it's the right thing to do https://bitcointalksearch.org/topic/ann-bitgesell-store-of-value-burn-rate-is-90-of-tx-fees-realstoreofvalue-5238559

my luck

legendary

Activity: 2744

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bitgesell.fun & bitgesell.space

Wow, wow, wow, what's happening? Shocked

I see a big squeeze up on the Digi. The support is still weak, but this is already very interesting, I will watch it.

SPQRCoin

legendary

Activity: 2380

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Quote from: eschro on March 03, 2021, 07:52:51 PM

But then I find out it is POW. Not against it in principle, but why waste all that money on gpus, electricity, computers?

No matter how it sounds, but POW confirmation of consensus if you take such coins as bitcoin, now the most secure and strong model. No hacking, not even an attempt to attack 51%. I see good potential in BGL, but developers need to think about protecting the coin chain.

eschro

newbie

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New guy here. Not a dev, just someone looking to find the best crypto out there.

BGL caught my eye. Store of value is great. Burn rate creates deflation, price goes up, very nice.

But then I find out it is POW. Not against it in principle, but why waste all that money on gpus, electricity, computers? Instead use it here, invest in what is needed. Why not use that money to buy BGL, and spend it to pay development, audits and dividends? Pay the investors, pay the workers and put money aside for rainy days. Plus, burn for deflation. Staking should pay for internet/computer time and initial investment. Transaction fee should pay to keep the project going.

Bitcoin was created to replace money. It has its flaws, and it works better as digital gold at this moment. It's still not ideal, but it's what we have right now.

If BGL wants to succeed as digital gold, it should aim a lot higher. Gold is good, gold that pays you is even better. Reward the hodlers and keep the project funded and developing, and everybody will want in. This, in my opinion, is the way to beat BTC.

Still an interesting project, but staying with POW is an uphill battle IMO.

coin-investor

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I love to see Bitgesell on Kucoin, this is an exchange that only lists the best and coins with good potential, we really need at least three Tier 2 exchange, but Binance will make a great impact on the future of Bitgesell, I'm glad they've extended the campaign to 4 more weeks we need this to get people to know Bitgesell and of course the coming halving.

matchi2011

sr. member

Activity: 1456

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Buy $BGL before it's too late!

Quote from: Altcoin Reviewer on March 02, 2021, 05:04:28 AM

I see BGL is making a lot of noise in the forum lately which is great. I would like to trade BGL on FTX or some Tier 2 Exchanges. I think spending money on low-tier exchanges is a waste of money.

Tier 2 Choices -

FTX
Bithumb Global
Gate.io
Okex
Bittrex
Kucoin

or some other reputable exchanges. Try to get in FTX, please.....

Nice to see this and hope the team will push this out, it will gain more people / traders to learn about this project,
big exchange will help to reach more investors.

Time to work it out, spending money to reach tier 2 exchange is far better than listing to small exchange that only
give small attention. Best of Luck Team!

Topic: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue - page 52. (Read 28066 times)