Bitgesell PriceBGL

What is Bitgesell (BGL)?

Bitgesell (BGL) is a bitcoin-derived digital currency and a fork of Bitcoin, launched in 2020. It is characterized as a digital currency with built-in scarcity, designed to be faster, more efficient, and more scarce than Bitcoin. The project implements 100% SegWit, features a block weight ten times smaller than Bitcoin at 400,000, utilizes the Keccak (SHA-3) hashing algorithm, and burns 90% of transaction fees. Bitgesell has a maximum supply of 21,000,000 BGL, with a total supply of approximately 16.41 million BGL and a circulating supply of approximately 16.16 million BGL. The project has no company behind it and is mostly community-driven, positioning itself as a BTC-derived coin with enhanced features including a yearly halving cycle that is four times faster in scarcity than Bitcoin.

Key Specifications & Tokenomics

• Name: Bitgesell
• Ticker / Symbol: BGL
• Consensus: Proof of Work (fork of Bitcoin)
• Smart Contracts: BNB Smart Chain (BEP20)
• Category: BNB Chain Ecosystem
• Max Supply: 21,000,000 BGL
• Total Supply: 16,414,415.36674842 BGL
• Circulating Supply: 16,157,930.35674842 BGL
• Circulating Supply Percentage: 76.94%
• Fully Diluted Valuation: $247.97K
• Block Weight: 400,000 (10x smaller than Bitcoin)
• Halving Interval: 210000 blocks/4 (yearly)
• Hashing Algorithm: Keccak (SHA-3)
• Burn Mechanism: 90% of transaction fees
• Holders: 3.78K
• Launch Year: 2020
• CertiK Rating: 3.6
• Explorer: bscscan.com

Who created Bitgesell?

Bitgesell has no company behind it and is mostly community-driven. The project does not publicly disclose a founding team or individual creators. The official GitHub repository is maintained under the Bitgesellofficial organization. The Bitgesell Wallet application on Google Play is developed by epexa, with developer contact YERLAN SHYNDAULETAU. The project philosophy references the ideas of Silvio Gesell, whose economic theories inspired the naming and vision behind Bitgesell. Detailed public information about the founding team is currently limited, consistent with the project's community-driven nature.

How does Bitgesell work?

Bitgesell operates as a fork of Bitcoin with several key modifications to its protocol. The block reward calculation includes a burn rate where 90% of transaction fees are burned, expressed as nFees*0.1 + GetBlockSubsidy(). The block weight is capped at 400,000, which is ten times smaller than Bitcoin's block weight, helping the blockchain achieve sufficient transaction throughput. Bitgesell implements 100% SegWit, eliminating problems with legacy transaction types. The halving interval is set at 210000 blocks/4, meaning halvings occur every year rather than every four years. The block subsidy follows the maximum coin supply of 21,000,000 BGL. Block hashing uses the Keccak (SHA-3) algorithm. The cryptographic foundation relies on secp256k1 ECDSA signing and verification, with support for Schnorr signatures according to BIP-340, public key recovery, and ECDH key exchange.

What makes Bitgesell unique and valuable?

Bitgesell distinguishes itself through several enhanced features compared to Bitcoin. Its yearly halving cycle makes it four times faster in achieving scarcity than Bitcoin. The 90% transaction fee burn mechanism creates deflationary pressure on the supply. The use of Keccak (SHA-3) hashing provides a more efficient algorithm than Bitcoin's SHA-256. The smaller block weight of 400,000 enables efficient transaction processing. The project's community-driven nature means it operates without a central company, aligning with decentralized principles. Bitgesell's positioning as a bitcoin-derived currency with built-in scarcity appeals to investors seeking an alternative to Bitcoin with accelerated scarcity dynamics. The project maintains an active development repository with over 12,600 commits and a mobile wallet application supporting multiple platforms including Linux, macOS, Windows, iOS, and Chrome extension.

What is Bitgesell used for?

Bitgesell functions as a digital currency for peer-to-peer transactions and value transfer. Its primary use case is as a store of value with built-in scarcity, similar to Bitcoin but with accelerated halving. The BGL token can be traded on decentralized exchanges on the BNB Smart Chain, including PancakeSwap v2 and Uniswap v3, with pairs including BGL/BTCB and BGL/USDT. The token is used for transaction fees on the Bitgesell network, with 90% of those fees burned. Community activities include transaction contests where participants can earn BGL bonuses. The Bitgesell Wallet supports attaching public comments to transactions, adding addresses without limits, and connecting directly to blockchain nodes without a backend. The project also has a presence on Medium where it publishes content about store of value concepts.

How Is the Bitgesell ecosystem developing?

The Bitgesell ecosystem includes a cross-platform wallet application available on Google Play with over 500 downloads, rated for ages 3 and up, and updated as of February 12, 2026. The wallet works from a browser, saved page, desktop versions for Linux, macOS, and Windows, a mobile app for iOS, and a Chrome extension. The application does not use a backend, conducting all work directly between the application and the blockchain node. Recent updates include the ability to attach public comments to transactions, a show password toggle, removal of the 50-address limit, and updated RPC node addresses. The project maintains an official GitHub repository with 75 forks and 29 stars, with the master branch regularly built and tested. Community channels include X accounts, a Facebook page, and a newsletter on Beehiiv. A transaction contest achieved a record of 125,669 transactions from one address, earning a 5,250 BGL bonus.

How to mine Bitgesell?

Bitgesell operates on a Proof of Work consensus mechanism inherited from its Bitcoin fork. Mining BGL requires computational power to solve cryptographic puzzles using the Keccak (SHA-3) hashing algorithm. Miners receive block subsidies according to the maximum coin supply of 21,000,000 BGL, with halvings occurring every 210,000 blocks divided by four, resulting in a yearly halving schedule. The block reward calculation includes a burn rate where 90% of transaction fees are burned, with miners receiving nFees*0.1 plus the block subsidy. Mining difficulty adjusts to maintain consistent block times. The smaller block weight of 400,000 compared to Bitcoin affects transaction throughput and mining economics. Detailed mining pool information and hardware requirements are not extensively documented in available public resources, and interested miners should research current network conditions and community recommendations.

How to keep your Bitgesell Coin safe?

To keep Bitgesell coins safe, users should utilize the official Bitgesell Wallet, available as a mobile app on Google Play, a desktop version for Linux, macOS, and Windows, an iOS app, and a Chrome extension. The wallet does not use a backend, conducting all operations directly between the application and the blockchain node, which reduces exposure to third-party risks. The application collects no data and shares no data with third parties. Users should enable the show password toggle for easier entry while maintaining strong password practices. The wallet supports unlimited addresses, allowing for better fund organization and privacy. For additional security, users should consider hardware wallets supporting BEP20 tokens, verify contract addresses before transactions, and keep wallet software updated to the latest version. The project maintains a SECURITY.md file in its GitHub repository for reporting vulnerabilities. As with all cryptocurrency investments, users must closely monitor market performance and be aware of associated risks.