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Bitcoin Gold (BTG) is a hard fork of the Bitcoin network that occurred in October 2017. The miners who originally decided to execute fork believed that a network that offered Graphic Processing Unit (GPU) over Application-Specific Integrated Circuit (ASIC) mining was best for the individual users of the network.
Bitcoin Gold’s own website states that it does not intend to fight with Bitcoin for the title of the “real Bitcoin.” Building upon, improving the functionality of, and innovating on the Bitcoin network is the purpose of Bitcoin Gold.
The Bitcoin Gold network did experience a 51% attack in May 2018 and this resulted in the theft of roughly $18 million from several cryptocurrency exchanges. When the website first launched, it suffered a DDoS attack. These incidents may be a result of the animosity harbored towards projects that resemble Bitcoin.
2019 has seen a lot of fundamental ideas under development including the preparation of Bitcoin Gold Core v0.17.1 and a secret mining research done in partnership with exchanges, for which a whitepaper will be released. Ecosystem expansion, adoption and community development are all also important priorities for the year.
3 Jan 2024 2 minute read 2 comments Loopy Miner
With more and more news about Bitcoin and crypto in general, it may be worth looking into running a Bitcoin Gold node on your computer. So what is Bitcoin Gold? Bitcoin Gold is a fork of Bitcoin, as the community wanted to keep Bitcoin Gold decentral...
13 Feb 2024 1 minute read 0 comments OlivierM
Theophile Vitalo (1844-1895) was said to be the richest man in France. In any case from French Guiana, a colony in South America. Propaganda during the gold rush He owned several plantations, 16 houses in Cayenne, a building in Paris. Habitation in...
16 Sep 2022 4 minute read 6 comments NOWPayments
Author: Milko TV Bitcoin is the largest cryptocurrency in terms of mass appeal as well as market capitalization. BTC is the cryptocurrency that just about anyone that goes into cryptocurrency trading or investing buys due to its vast popularity and a...
27 Feb 2021 2 minute read 2 comments Richard M Adrian
To hell with Bitcoin Leftists - thanks to them we wouldn't have a failing and crushing Bitcoin Gold (BTG). The thought of a simple Bitcoin Proof-of-Work algorithm has people mining Bitcoin Gold with GPU to this day. The coin is presently selling at...
25 Nov 2019 19 minute read 0 comments ChangeNOW
Hello everyone and welcome to another episode of Know The Coin with ChangeNOW! Today’s guest is Edward Iskra, Communications Director and Board Member in Bitcoin Gold, who was very nice to sit down with our marketing manager Pauline and talk about BT...
30 Jan 2020 1 minute read 0 comments ChangeNOW
We all know how difficult it is to find the Bitcoin Gold wallet among the universe of wallet options. We all know how difficult it is to choose the best Bitcoin Gold mining wallet between those alluring options. ChangeNow created this guide especiall...
20 May 2020 6 minute read 0 comments ChangeNOW
Over the years, Bitcoin has experienced numerous branches and forks as a result of technological innovations. Bitcoin Gold is one of them. Bitcoin Gold was created to make BTC decentralized again as hard forks can help get rid of problems like differ...
20 May 2020 7 minute read 0 comments ChangeNOW
Too much time has passed since the Bitcoin Gold hard fork took a place in the crypto industry. In this fork event, a cryptocurrency has formed to change the Bitcoin mining process to an approach that prevents the cryptocurrency from being controlled...
23 Jan 2020 6 minute read 9 comments Perry1
On the 11th of August 2017 Vitalik Buterin and Joseph Poon published “Plasma: Scalable Autonomous Smart Contracts” (Buterin & Poon, 2017). The proposed Plasma-sidechain framework for enforced and incentivized execution of smart contracts, was capable...
13 Oct 2023 2 minute read 0 comments Coins Reporter
As you all know that Satoshi created the Bitcoin white paper with a vision of democracy so as to allow everyone to participate in Bitcoin technology. Bitcoin is open source and we all have access to every bit of it in the same way. Also, this free ac...
