Bitcoin Gold is a hard fork of bitcoin, this means holding bitcoin when the fork occurred you would also hold Bitcoin Gold.
Our Joke Name
Bitcoin Gold = Fork of a Fork
Link to the main website
Link to price/market cap
Exchange Ticker (BTG)
Circulating Supply (16,893,511)
Max Supply (21,000,000)
Block time (10 minutes)
Market Cap Ranking
Bitcoin Gold, so each bitcoin is backed by gold….. Nope, It is basically the same as bitcoin but with some changes to the code that try to fix some of the problems with bitcoin.
Problems like transaction speeds and to make it more decentralized by allowing the normal pc the ability to mine the coin. Not just high end super computers that massive companies own. This makes the coin less likely to a hack than bitcoin.
I still think Bitcoin Gold and any other coins with bit in the name are just trying to ride off the success of bitcoin. Bitcoin might be a slow old dog, that requires specialised mining equipment, but I bet you none of the other thoroughbred bitcoins will ever pass it. (brb just going to check myspace gold 🙂
(wiki)Bitcoin Gold is a hard fork of the open source cryptocurrency Bitcoin. The fork occurred on 24 October 2017, at block height 491407. The stated purpose of the fork is to restore GPU mining functionality to Bitcoin, as opposed to specialized ASICs with entry prices in the thousands of dollars.
- Faster than bitcoin
- Gpu Mining
- Not Bitcoin