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Review on Bitcoin Gold by Wagner Looov
Bitcoin Gold is a hard fork of Bitcoin with it been distrubuted to Bitcoin…
Bitcoin Gold is a hard fork of Bitcoin with it been distrubuted to Bitcoin holders on a ratio 1:1.
It's a distributed digital currency, an open source cryptocurrency. The stated purpose of the hard-fork is to restore the mining function in a generic graphics processing unit instead of working with a special ASIC used to develop Bitcoin.
Bitcoin Gold decentralizes mining by adopting a PoW algorithm, Equihash-BTG, which cannot be run on the specialty equipment used for Bitcoin mining with the purpose of making mining open for the common ma
Pros
- They plan to make mining accessible to all and sundry which was the true vision of Satoshi with an ASIC resistant GPU powered miner as this kind of hardware is ubiquitous, and anyone can start mining with a standard, off-the-shelf laptop computer
Cons
- It's just another example of a shitcoin with an excuse to provide a solution to a problem that wasn't really existing and doesn't care to be solved.
