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Review on Bitcoin Gold by Ana A

Revainrating 3 out of 5

BitCoin Gold....

BTG is a decentralized Bitcoin-based cryptocurrency, and at its fork, its mining is based on GPUs rather than ASICs, which is what most current cryptocurrencies have. This has its own protocol, and is an open source project. Which means that mining with GPU can facilitate access and mining possibilities to its users, guaranteeing greater decentralization, and the independence of rewards, to people anywhere in the world, recreating and improving the network effects that it had. bitcoin and its mining. The purpose of this project is to prevent the use of Hardware ASIC in the mining of crypto assets.



Pros
  • The possibility of creating, transferring, sending and even having money anywhere in the world
  • It is easy and accessible mining.
  • It is allied with bitcoin
  • Enhance crypto spaces with a bitcoin-compatible blockchain, which seeks to create a space where new developers can train.  
Cons
  • It has suffered hack attacks in 2018 that made it lose a lot of trust from its users.
  • It has been forgotten due to its constant changes and updates that have caused failures in the method of acquiring cryptoactive.
  • Its fluctuating and decreasing prices caused confidence to be lost and users had no way and way to support efforts, which today many users call the digital currency of oblivion.  

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