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Topic: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue - page 62. (Read 28215 times)

copper member
Activity: 161
Merit: 67
How do we know what amount the fee is, and what needs to be burned?
In my opinion, these rules should all be taken care of by the wallet code.

Same with the legacy addresses, if they are not supported, Best to take them out,
And definitely don't allow mining with these address.

Hi!
Thanks for reasonable advice. Yes, the code for older addresses will be removed
altogether. The mining pools are many and different, so for that, a documentation is
important, we will sort this out.
Regarding burning, this is done during block validation by the node. Wallet knows about tx fees,
but may know nothing about burn, so this is 'inside' the nodes area of responsibility (as there
also many wallet software and custom logic for different coins is neither implemented nor
maintained in the wallet software itself).




  Hello, so i thought this is  NEW project, i download the win64 wallet go to install, then i see this > BGL Core will download and store a copy of the BGL blockchain. At least 284GBof data will be stored in this directory! So the project launched back in 2009?  Smiley

Hi! Thanks for the installing!
We (community) will remove the message from the wallet of course, and add the branding
in the next build. Stay tuned!  Smiley



I built from source (and also tried the pre-compiled binaries) of
BGLGPUminer-win-cuda-src

Then i get HTTP request failed: Protocol "stratum+tcp" not supported or disabled in libcurl.

Hi!
The miner BGLGPUminer-win-cuda-src is for solo mining without pool, and is based on
older code of CPUminer, it's more for tinkering around and research (it's more minimalistic
than current popular miners).

For pool mining (PPS, etc.) just use popular mining software, like CCMiner, it's SHA3-Keccak
algo is fully BGL-compatible.

[moderator's note: consecutive posts merged]
jr. member
Activity: 504
Merit: 3
Is there a Discord channel? When are the exchanges expected to be online?
legendary
Activity: 1302
Merit: 1068
I built from source (and also tried the pre-compiled binaries) of
BGLGPUminer-win-cuda-src

Then i get HTTP request failed: Protocol "stratum+tcp" not supported or disabled in libcurl.
The miner then go through one loop of nonces and exit.

Trying https://pool.bitaps.com/ gives json parsing failure.

So, how would i got about getting this working?
newbie
Activity: 4
Merit: 0
  Hello, so i thought this is  NEW project, i download the win64 wallet go to install, then i see this > BGL Core will download and store a copy of the BGL blockchain. At least 284GBof data will be stored in this directory! So the project launched back in 2009?  Smiley
newbie
Activity: 40
Merit: 0
Now. We've mined about 65 blocks with a legacy address earlier.
Transactions are failing indeed......
Any way we can get in touch to see if there's a way to recover these coins ?

could you tell me if there is something wrong? I don't understand .. seems to extract correctly?
https://bitgesellexplorer.com/address/538UQ8D9CDmxzqRQvgPLpQspg2HF9xZnsr

The legacy addresses can exist, though they are not supported officially (and won't be supported).
In the example above, transaction from older address succeeded, but officially such transactions
would be declined with updated nodes. That's why in the future such mechanics won't work and
it's very strongly advised to not use any legacy addresses.

ok thanks .. now and updated with segwit address, if you have the opportunity to test it I would be grateful
sr. member
Activity: 540
Merit: 251
We managed to get the coins from the legacy address through the QT wallet now,
So that's all good  Smiley

About the fee burn.
Isn't the wallet already taking care of that ?
Like now the current block has this value:
"coinbasevalue": 20000000982,

How do we know what amount the fee is, and what needs to be burned?
In my opinion, these rules should all be taken care of by the wallet code.

Same with the legacy addresses, if they are not supported, Best to take them out,
And definitely don't allow mining with these address.

copper member
Activity: 161
Merit: 67
Now. We've mined about 65 blocks with a legacy address earlier.
Transactions are failing indeed......
Any way we can get in touch to see if there's a way to recover these coins ?

could you tell me if there is something wrong? I don't understand .. seems to extract correctly?
https://bitgesellexplorer.com/address/538UQ8D9CDmxzqRQvgPLpQspg2HF9xZnsr

The legacy addresses can exist, though they are not supported officially (and won't be supported).
In the example above, transaction from older address succeeded, but officially such transactions
would be declined with updated nodes. That's why in the future such mechanics won't work and
it's very strongly advised to not use any legacy addresses.
newbie
Activity: 40
Merit: 0
could you tell me if there is something wrong? I don't understand .. seems to extract correctly?

https://bitgesellexplorer.com/address/538UQ8D9CDmxzqRQvgPLpQspg2HF9xZnsr

in any case I also changed the address to segwit
sr. member
Activity: 540
Merit: 251
New pool Bitgesell https://smithpool.net


Hi guys, awesome!

I tested both pools yesterday and have noticed two important things:
1. The address for coinbase transaction is looking like old non-segwit address. This is probably
    from legacy BTC code, this is not supported here and it would be very difficult to get funds from older
    address;
2. Please note, that if you construct coinbase transaction in miner code, if a block contains 1 or more
    transactions, 90% of tx fees shall be burned, otherwise node will not validate submitted block
    (check pool code for this aspect);


Hi Thanks for the update on this.
We've changed to mine with segwit address now.
First block is confirmed:
https://bitgesellexplorer.com/block/000000000000080d1a65db839d7941f474375f10eb9325d0a9b0cdf4ec46abec

Now. We've mined about 65 blocks with a legacy address earlier.
Transactions are failing indeed......
Any way we can get in touch to see if there's a way to recover these coins ?
copper member
Activity: 161
Merit: 67
New pool Bitgesell https://smithpool.net


Hi guys, awesome!

I tested both pools yesterday and have noticed two important things:
1. The address for coinbase transaction is looking like old non-segwit address. This is probably
    from legacy BTC code, this is not supported here and it would be very difficult to get funds from older
    address;
2. Please note, that if you construct coinbase transaction in miner code, if a block contains 1 or more
    transactions, 90% of tx fees shall be burned, otherwise node will not validate submitted block
    (check pool code for this aspect);




Hi guys!

Announcement: Please note that help wanted regarding development tasks:
 - fixing unit tests;
 - establishing builds to be created automatically;
 - other improvements;

This would imply knowledge of C++ and some associated things (tooling, Git flow, etc.)
 - can be a monthly paid job, rate offers and CVs (or Github accounts, full personal info is not necessary) are welcome;
first 3 pull requests would be test ones but compensated 0.01btc if accepted.

Reasonably-sized pull requests that fix tests, improve things or fix bugs would be paid with 0.01btc if accepted.
(depending on scope of work this can be negotiated).
You can leave wallet address in pull request description along with the pull request description.
https://github.com/wu-emma/bitgesell (pull request requirements would be formalized with time)




[moderator's note: consecutive posts merged]
newbie
Activity: 3
Merit: 0
Hi BGL-community,
new implemented pool for BGL:

https://www.mining-dutch.nl/?page=pools

EU-Server:    stratum+tcp://keccak.mining-dutch.nl:6674
USA Server:  stratum+tcp://americas.keccak.mining-dutch.nl:6674
ASIA Server: stratum+tcp://asia.keccak.mining-dutch.nl:6674

SOLO mode available !!

PPS / PROP / Party mode too

Settings after sign up for each worker possible, BGL Wallet included.

Have fun
newbie
Activity: 40
Merit: 0
New pool Bitgesell https://smithpool.net

-a keccak -o stratum+tcp://stratum.smithpool.net:9233 -u yourwalletaddress-p c=BGL

Block explorer https://smithpool.net/explorer/BGL
member
Activity: 430
Merit: 22
Professional user
any news dev about exchanges? any more info?
newbie
Activity: 3
Merit: 0
Hi BGL community,
nice to see growing here, I rent the first wave of Hashrate to founder.
If something is to be tested in Blockchain with stable hashrate let me know, some further FPGA available at better price as on Nicehash.
Best Regards
copper member
Activity: 161
Merit: 67

You should have read the rules, before making translation it must be agreed upon in PM
(also note the requirements for translators to not be freshly registered accounts).
Please delete the topic with translation. Hoping for your understanding.
sr. member
Activity: 689
Merit: 253
So is this the coin that is making Keccak on Nicehash wayyy more profitable than it used to be?
full member
Activity: 1386
Merit: 116
If you decide to add Turkish language I want to reserve it.


Hi Franch! Turkish translaction reserved.

I have published the Turkish translation of this project.

Turkish discussion is: https://bitcointalksearch.org/topic/ann-bitgesell-deer-deposu-yanma-oran-tx-ucretlerinin-90dr-5243918


Edit: Payment received!
newbie
Activity: 5
Merit: 0
hello ! link for gui wallet please?
how many time for listing on exchange do you think? 1 week 1 month 1 year?
thank's for answer
legendary
Activity: 1750
Merit: 1363
www.gosubetting.com
Just confirming publicly that German was posted and payment arrived right away, so thanks for that - this is definitely not the norm here, so thumbs up!

Let me know if you also need Portuguese/Russian/Greek - thank you very much.
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