1 Level
6 Review
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Review on Bitcoin Gold by Pradeep Salgare
Overall BTG is best Decentralized cryptocurrency and it is a fork of Bitcoin…
Overall BTG is best Decentralized cryptocurrency and it is a fork of Bitcoin. also, BTG enables Antiasics algorithms which seems to be the weakness of SHA256 algorithms. but Team of BTG is not very active also, BTG is listed on major exchanges and has great market capitalization. so traders can easily trade with Bitcoin Gold.
Updated 5 years ago
Rating has not been changed
8000 blocks premined that most of the funds are still btg group holds so many changes of risk team may damp it also recently a twitter influencer claimed issue on btg tech code
Pros
- Basically, Bitcoin Gold is a hardfork of Bitcoin. Bitcoin gold is an open source software project. Bitcoin Gold enables Asic's resistance algorithms which seems to be a weakness of SHA256 based Bitcoin. Bitcoin gold is very close to the original Bitcoin in terms of adhering to Satoshi's vision. also, Bitcoin gold has the great market cap and it placed in the top 30 Category by market cap. and BTG also listed on major exchanges like Bitfinix & Binance, etc
Cons
- There are only few drawbacks of BTG project but which of them, like BTG, adds to the wrong precedence by forking of bitcoin and BTG starts from scratch in terms of merchant adoption. also, 8000 blocks are premined from BTG group.
