1 Level
6 Review
43 Karma
Review on Bitcoin Gold by Le Luu
By the time Blockchain Bitcoin 491,407 blocks, a new protocol version will be…
By the time Blockchain Bitcoin 491,407 blocks, a new protocol version will be formed. The result is a Bitcoin replication coin called Bitcoin Gold (BTG).
Pros
- FAIR DISTRIBUTION Hard forking Bitcoin’s blockchain fairly and efficiently distributes 16.5 million BTG immediately to people all over the world who have interest in cryptos. Other methods, such as creating coins with a new genesis block, concentrate ownership within a small group.
Cons
- Over the past few days, the BTG development team have become embroiled in a pre-mining scandal that’s made them seem incompetent—and even nefarious, to some in the community.
