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Review on Bitcoin Gold by Aistel Steven

Revainrating 4 out of 5

Bitcoin Gold appears is a fork of the Bitcoin Core block chain developed by…

Bitcoin Gold appears is a fork of the Bitcoin Core block chain developed by Litecoin. Only a few conservative changes have been made.

Since the release of Bitcoin Cash in August, many people have predicted that hard forks will be more common in the Bitcoin community. Some people really want to improve Bitcoin's block chain, but others want to redirect Bitcoin to a new direction. Of course, some people want to make money.



Pros
  • One of the primary goals of Bitcoin Gold is to create a truly distributed Bitcoin version. To achieve this, the developer of Bitcoin Gold hopes to open up mining to other market players by replacing Bitcoin's mining algorithm with an algorithm that can be assigned to a graphics card. The idea is to create a great miner who is considered controversial in the Bitcoin community.
Cons
  • There is much debate about what Bitcoin Gold means for the community. The general feeling is that Bitcoin Gold is an informal and insignificant development. Some people think it is an intentional attempt to further divide the Bitcoin community

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