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4 Karma

Review on Bitcoin Gold by Sunny Lee

Revainrating 4 out of 5

The project has been transparent and created Bitcoin Gold which is an open…

The project has been transparent and created Bitcoin Gold which is an open source software, developed primarily by volunteers from around the world. The fact that you can use the source code of your project freely attracts potential Bitcoin Gold users and investors.

Security measures were updated right from the date of the hard fork with coins. One of these measures was to create the unique wallet address of Bitcoin Gold, and the other was to install coin recovery protection to avoid duplication



Pros
  • Bitcoin Gold Developers Chooses Bitcoin's Transparency, Protection, and Deployment Issues Bitcoin Gold primary objectives is changing mining algorithms and prohibits the use of specialized mining ASIC chips. This prevents large-scale mining operations from dominating the mining process, and allows solo winners to continue mining operations only with the computer's GPU.
Cons
  • Developers of Bitcoin Gold are not more concerned about the the central issuance of Bitcoin. Rather, they were thinking about the emergence of mining operations and the massive ASIC mining operations that are gradually controlling the hashing performance of the Bitcoin network.

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