Bitgesell is a young blockchain project started in April this year by Emma Wu. Its codebase is borrowed from Bitcoin, but has some differences in some aspects. Bitgesell has learned from the mistakes and challenges that Bitcoin and other PoW networks went through in their early years. Its main goals at launch were to create an asset that will continue to grow in value through some changes to the internal asset model.
BGL Core is the name of the open source software that allows this currency to be used.
• Advantages of Bitcoin:
√ Avoid the risk of counterfeiting,
√ Bitcoin knows no national borders, does not waver due to political conditions in government, and is not affected by anything.
√ Bitcoin can suppress excessive inflation.
√ The holders also do not have to pay service and registration fees, when used as an investment vehicle,
• Weaknesses of Bitcoin:
√ The price is volatile (easy to change),
√ If you lose your private key, it cannot be recovered,
√ Some financial observers consider bitcoin to be an illegal currency because it is not supported by legal regulations in the eyes of the law,
Those are the advantages and disadvantages of Bitcoin that I can explain to you. And this time I will introduce you to a project that also has almost the same technology as Bitcoin. But this project can be said to be a refinement of Bitcoin technology...
Well that's right, this project is named
Bitgesell..
" A Modern And Truly Rare Store Of Value "
How to run your own Bitgesell node (in less than 5 minutes)
Honestly… It's really easy and you don't need a monster computer to run it. In this article we will walk you through 6 easy steps to get your node up and running in less than 5 minutes. This guide is for Windows installation. We'll be covering a guide for Mac OS X in the near future as well. Looking for Linux installation guide
Step 1
Go to https://bitgesell.ca and download the appropriate 64-bit version of Windows installer file.
It will only take a few seconds…
Step 2
Run the installer file…
…and press Next >
Step 3
Select the installation destination folder
C:\Program Files\BGL is the default choice but you can choose your own of course.
Step 4
Select the Start Menu folder (this is optional)
Step 5
Click Install and let it rip!
Step 6
Done and run BGL Core.
Once running, you will see at the bottom of the screen that the client is gathering resources, which means it is downloading the Bitgesell blockchain. Don't worry the size is only about 100 Mb.
Congratulations you now have a running BGL node! :-) How easy is that?
You can now create new wallets, send and receive transactions on the Bitgesell network.
Website: https://bitgesell.ca/
Twitter: https://twitter.com/Bitgesell
Reddit: https://www.reddit.com/user /bitgesell/
Facebook: https://www.facebook.com/Bitgesell
TelegramCommunity: https://t.me/bitgesellofficial
Discord: https://discord.gg/VEwqJVMMPw
⚡Authorship
BitcoinTalk username : onemancrypto
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1769254;sa=summary
BGL Wallet: bgl1q0jhqzrfct8w8ldqftyyr4gvyltgd940kkucpmm