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Review on Bitcoin Gold by Ta Dang

Revainrating 4 out of 5

The developers moved away from the algorithm SHA-256, which is a basis of the…

The developers moved away from the algorithm SHA-256, which is a basis of the traditional bitcoin, in order to make BTG more decentralized,. Their coin applies a more peculiar Equihash algorithm that complicates the creation of ASIC devices specifically for Bitcoin Gold mining.




Pros
  • Bitcoin Gold wants to change the way money is mined by improving the digging method as well as making the network better. Exactly they want to remove the exclusive value of the ASIC chip.
Cons
  • Will BTG provide enough benefit to weather the scandal? Or will it join other smaller “BTC alts” by fading into obscurity?

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