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Global ratings 157
  • 5
    24
  • 4
    90
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    38
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    3
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Type of review

As a form from BTC, bitcoin gold is a good branch. This has a good potential and need to step up and offer revolutionary solutions to win the race of crypto currencies.

Pros
  • derived from one of the greatest ever e currencies hence inherit the basic and great features of Bitcoin and that's a massive head start.
Cons
  • Have not been performing to full potential and marketing is not that widespread.

BITCOIN GOLD (BTG) with a current value of $ 20.33 USD Btg is in number 25 of the most important coinmarketcap cryptocurrencies with a supply of 17,235,874 BTG   (It almost reaches the total of 17,335,874 BTG) and a daily volume of $ 5,775,847 USD Bitcoim gold promises that it will improve and facilitate the mining of its currency compared to the mining of Bitcoin Bitcoin Gold has implemented a comprehensive reproduction protection and unique wallet addresses, essential features that protect…

Pros
  • decentralizes mining adopting a PoW algorithm, Equihash-BTG
Cons
  • its price has dropped considerably

BTG’s cons certainly outweigh its pros. But it is still clearly impossible to say whether the coin will have a future in the space or not.

Pros
  • The only pro for BTG is you won’t need expensive, enterprise-quality mining equipment to profitably mine a this BTC-like chain.
Cons
  • Weak development team, communication is even weaker

Revainrating 3 out of 5

A moderate project with a higher stability than most of projects

A moderate project with a higher stability than most of projects

Pros
  • Has effected a large amount of transparency by being a fully open source software project. Has taken steps to minimise many of the threats faced recently in block-chain technology
Cons
  • An extremely moderate progress. Has a very low popularity among the industry

Revainrating 5 out of 5

Overall the project is not at very high standards. There is a community…

Overall the project is not at very high standards. There is a community gathered around the project. But is not very convincing.

Pros
  • Being a emergent from a hardfork of bitcoin, The coin has come a long way since then. the exchange rates are on the favourable side since of late
Cons
  • The popularity among the community is reducing drastically since the recent times. Progress is less when considering that the coin emerged from a hardfork of Bitcoin

Revainrating 5 out of 5

Bitcoin Gold hopes to change the paradigm around mining on the Bitcoin…

Bitcoin Gold hopes to change the paradigm around mining on the Bitcoin blockchain. According to the founders, the Bitcoin blockchain has become too centralized. Large companies with huge banks of mining computers now mine the vast majority of Bitcoin. For the founders of Bitcoin Gold, having large companies control the Bitcoin network defeats the purpose of a decentralized ledger and peer-to-peer currencies.

Pros
  • Idea of mining for interested persons has boosted the popularity of this project.Mining has become a most popular way of earning in the world.Its mining algorithm is has played an important role in populatrity of this coin.Bitcoin Gold has been Listed Dozens of websites and now this will boost project it can be on the moon in the near future wait and be patient for this coin.
Cons
  • Bitcoin Gold is not playing same as bitcoin self.It must be traded on exchanges its volume is low on some exchanges need more improvement.

As the hard fork, BTG more specialized than BTC in mining procedure caused its objective is to provided democrating Bitcoin mining. BTG is also became as popular coin caused it was derived from BTC as the legends, and by the market condition by now it is time to own/invest your BTG before its too late.

Pros
  • BTG is the hardfork cryptocurrency form BTC blockchain. Its more decentralized and democratic mining system than BTC. BTG also mineable coin run on PoW algorithm running Equihash. BTS designed to decentralized mining and verify BTC transaction. BTG provided many compatible platform/wallet that can be download (Ease) and its also usable by having integrated on several hardwallet eg. trezor, ledger nano and etc. Easy to mine by having a good graphic card GPU on PC/laptop.
Cons
  • Mining cannot be used by ASICs, time transaction tend to BTC.

Overall, the project is expected go in the same path as bitcoin which already has focussed on eliminating the cons of the project.

Pros
  • The concept of mining from GPU for anyone interested has boosted the popularity of the project. Decentralization at a very high level would enable the coin to be popular than the leading coins in existance.
Cons
  • The coin is not very stable. As a result, the community is reluctant to have faith in the project and to make big investments

Bitcoin gold is a fork that occurred 491,407 and from that block the fork was created, this project according to the developers is to return the idea that bitcoin can be mined with a simple computer and the main change of bitcoin gold is the mining algorithm which uses the algorithm Equihash that is the main offer of bitcoin gold, not to mention that it is a great currency to invest in the long term

Pros
  • A good point is your Equihash mining algorithm
Cons
  • Transactions take a while and rates are a bit high

It’s free money, however low its price falls, in that BTG’s the result of a fork from the main BTC chain. If you held BTC at the time of the split, you now have an equal amount of BTG.

Pros
  • Through BTG, you won’t need expensive, enterprise-quality mining equipment to profitably mine a BTC-like chain. GPU mining should, in theory, have a decentralizing effect.
Cons
  • Over the past few days, the BTG development team have become embroiled in a pre-mining scandal that’s made them seem incompetent—and even nefarious, to some in the community. Evidence suggests the BTG team started pre-mining BTG on Sept. 28th, performed in secret and without feedback from the community. If that date is correct, BTG’s devs would’ve accrued approximately 200,000 BTG between now and then.

Bitcoin Gold’s developers proposed the fork in order to move to the Equihash consensus algorithm, and make Bitcoin Gold ASIC resistant, thereby putting the mining hash power back in the hands of individuals to a large extent.

Pros
  • The Bitcoin Gold fork from the original Bitcoin blockchain took place on October 24, 2017 at block height 491407. There are any number of reasons for cryptocurrencies to experience a hard fork, including improvements to the code, differences among developers, or changing goals. In the case of Bitcoin Gold, the stated purpose for the fork was to “Make Bitcoin decentralized again.
Cons
  • This seems a bit redundant on the surface. Isn’t Bitcoin already decentralized? It doesn’t have links to any government, central bank, or any specific country. It is a global currency, and is controlled by the community. While all that is true, the developers of Bitcoin Gold weren’t concerned with the question of central issuance of Bitcoin. Rather they worried about the mining process and the rise of large ASIC mining operations, who were increasingly controlling the hash power of the Bitcoin network.

Bitcoin Gold is continuing its development and the 2018-2019 Roadmap spells out some ambitious projects for the expansion of the blockchain and network. The first quarter of 2018 was to see a rebranding of Bitcoin Gold and a refreshed website, as well as integration with open source libraries for BitcoinJS, BitcoinJ and CoPay. While we haven’t seen these developments yet, we have seen the launch of v3 of the testnet, as well as the launch of BTGPay and the Bitcoin Gold Blockchain Explore.

Pros
  • Bitcoin Gold has never had a problem with cryptocurrency exchange listings, and it was listed on some of the biggest right from its inception. And it continues to add more exchange listings even six months after the fork. This means you’ll never have a problem finding a place to buy or sell your Bitcoin Gold
Cons
  • A look at Coinmarketcap.com shows about 10 of these exchanges not trading, but it also shows about 20 exchanges that aren’t listed here. Presumably the Bitcoin Gold website is a bit out of date in this regard.

Generally, the primary difficulties of the BTG users confirmed once again that it is essential to evaluate the overall reliability of the coin and reputation of the developers team before handling the new coin individually (mining, keys import, and so forth).

Pros
  • It’s free money, however low its price falls, in that BTG’s the result of a fork from the main BTC chain. If you held BTC at the time of the split, you now have an equal amount of BTG. Has achieved a lot in short time-frame in terms of association with exchanges and wallets and very close to original Bitcoin in terms of adhering to Satoshi's vision
Cons
  • This comes after the BTG team flip-flopped several times, first saying they were, and then they weren’t, going to be pre-mining BTG. This marks a significant breach of trust. The BTG team are refusing to release the project’s code for now, too, leading Coinbase to refuse to support BTG out of security concerns.

The relative success of BCH did inspire a lot of people supporting the first fork. Some developers strived to maximize a new bitcoin-version efficiency through application of the number of revolutionary changes, which the community avoided to implement for a long time.

Pros
  • Through BTG, you won’t need expensive, enterprise-quality mining equipment to profitably mine a BTC-like chain. GPU mining should, in theory, have a decentralizing effect. It furthers de-centralization by enabling ASICs resistant algorithm, which seems to be a weakness of SHA256 based Bitcoin and Bitcoin Cash.
Cons
  • Over the past few days, the BTG development team have become embroiled in a pre-mining scandal that’s made them seem incompetent—and even nefarious, to some in the community. Evidence suggests the BTG team started pre-mining BTG on Sept. 28th, performed in secret and without feedback from the community. If that date is correct, BTG’s devs would’ve accrued approximately 200,000 BTG between now and then.

Bitcoin Gold is a recent cryptocurrency designed by Jack Liao, a mining enterpriser based in Hong Kong. At first glance the currency is very similar at Bitcoin. The founder designed this currency with the purpose to become a better one than the Bitcoin version. The project was launched in November, 2017 on the global marketplace. Bitcoin Gold it’s supposed to be a different version of the well-known Bitcoin. BTG’s innovative element is the new algorithm called Equihash. This one has a bigger…

Pros
  • – Bitcoin Gold is predicted to be more decentralized than the Bitcoin version. The creator has developed an algorithm that permits not only to those big miners to process the data, but also to smaller or beginner miners. The software is also available to more miners. It is designed to be easier to use than Bitcoin. – Bitcoin Gold has a different hardware than Bitcoin. The new version permits us to mine faster with a higher security. – It is more accessible for ordinary users. – The transaction process remains to be the same as for Bitcoin. – For miners who own Bitcoin, you should remember that you will not lose your amount. The developers will exchange them in Bitcoin Gold for you with the same amount.
Cons
  • - To get your Bitcoins Gold you will need to create a different wallet, which has the same key as Bitcoin, but the rules impose you to execute them. – Unfortunately, there aren’t so much information about the new version of Bitcoin. The project is fresh launched and we still do not know how it will truly work for our advantage. The existing users of Bitcoin are ready to try something new if this will not damage their balance account.