What is Bitcoin Next Generation (Bitcoin-NG)?

Bitcoin Next Generation (Bitcoin-NG) is a Byzantine Fault Tolerant (BFT) blockchain protocol proposed and built by the founder of Ava Labs, Emin Gün Sirer, and several other leading computer scientists in an attempt to combat the perceived scalability and block size inefficiencies of the original Bitcoin network. Distinct versions of Bitcoin-NG have been implemented into the Waves and Aeternity blockchain protocols, but the Bitcoin-NG network has not released its own cryptocurrency.