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Review on Bitcoin Gold by Mathew Samson

Revainrating 3 out of 5

Bitcoin Gold is the only Bitcoin fork that implements the new ASIC immunity…

Bitcoin Gold is the only Bitcoin fork that implements the new ASIC immunity proof algorithm. Along with this new hashing algorithm, Bitcoin Gold implements new difficulty adjustments for each block and gradually increases the difficulty based on past block times.

Finally, Bitcoin Gold is one of the few Bitcoin forks that support Segated Witness (SegWit) technology and playback protection. SegWit increases the number of possible transactions per block, and replay protection prevents fraudulent parallel transactions on two forks.



Pros
  • The goal of Bitcoin Gold is to create a network in which anyone can become a miner only with simple hardware. As a result, the Bitcoin Gold Miner will be distributed to many miners irrespective of minning equipment.
Cons
  • There was controversy over the launch of Bitcoin Gold, some of which were more than fork-inspired greed. This accusation comes from the developer who researches mines after launch and retroactively dismantles the first 8,000 blocks or 100,000 BTG coins

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