Based on Bitcoin, Bitgesell is the right step towards a digital gold model based on a code base and functional principles. For holding digital assets, it is a predictable and reasonable ecosystem that has been accurately calculated.

The main functions of BGL include:

90% of transaction fees will be destroyed, providing miners with predictable and fair transaction patterns and rewards when block rewards are significantly reduced;
block weights are 10 times smaller than Bitcoin, thereby Fees are raised to a more substantial amount, thus providing more rewards to miners, consuming token considerations;
halving interval is set to be once a year;
a total of 21 million BGLs will be mined.