Bitgesell (BGL) introduces Dynamic Block Size model, here’s why this is crucial
Bitgesell , a popular Bitcoin fork with flexible and"light" transactions, shares the details of its latest tokenomic development, Dynamic Block Size.According to a press release shared with U.Today,Bitgesell
As such, the accounts might experience delays in transaction finality. Overall block verification time can spike notably. That is exactly what the Ethereum network went through in 2020-2021.For Bitgesell , this imbalance is even more sensitive: due to its unique 90% fee burn rate, blocks that are mined"less than full" also result in no fees destroyed.
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