Emerging digital asset Bitgesell has developed a practical ecosystem, and long-term solution for the digital gold debate. The project overcomes issues plagued by Bitcoin to make it an extremely attractive proposition to holders, miners, and businesses
18th May 2020, Amsterdam, Netherlands – Digital asset and cryptocurrency Bitgesell is a new project geared towards practical application, and offers a more attractive proposition to cryptocurrency miners and holders, than any similar alternatives. The Bitgesell ecosystem has been designed to ensure that it is practical, and suitable as a long-term digital investment option.
Why Bitcoin is Not a True Digital Gold
Bitcoin continues to be the foremost leader in the digital currency market, and has always defined what cryptocurrencies are. However, it is faced by a number of issues that have not been conclusively addressed:
- Excessive Computational Power: Distributed nodes and miners keep any blockchain secure by ensuring that there is never enough computational power in a single…