Review on Bitcoin Gold by Sergio Daniel Delgado
BTG's role
The essential objective of Bitcoin Gold, as a split or hard fork from the Bitcoin chain, is to change the way the currency works. Decentralizing the issuance of new Bitcoins, allowing users to mine BTG even without possessing expensive specialized equipment.
Also, Bitcoin Gold doesn't give up on Bitcoin's classic goals. That is, facing fiat money by offering a viable alternative for its replacement. So Bitcoin Gold would claim to be the natural successor to BTC in this fight against fiat currencies.
Pros
- Bitcoin Gold, unlike cryptocurrencies better known as Bitcoin itself, and ERC-20 tokens, does not have a great diversity of wallets. However, there are important digital wallets that offer BTG support such as Trezor, Exodus, Ledger and Atomic Wallet.
Cons
- Unlike its sister cryptocurrencies, Bitcoin Cash and Bitcoin SV, the same expectation has not been created for Bitcoin Gold. And it is that, despite that BTG's goals are valid for the crypto community. There are already other currencies that try to reach them, with more time and resources. Which raises the debate that occurs especially within the world of smart contracts. When so many currency options are already available facing Bitcoin on its own ground Was the birth of Bitcoin Gold really necessary? The disuse in which the coin has fallen seems to indicate that it has not.
