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Revainrating 4 out of 5

In a more technical sense, what’s occurred is that BTG’s developers have…

In a more technical sense, what’s occurred is that BTG’s developers have modified Bitcoin’s consensus algorithm in a way that will allow miners to begin using GPUs for mining. If, on the other hand, you were holding your BTC in a personal wallet, check your wallet provider’s website for further guidance on how they’ve handled the split. They’ll certainly point you in the right direction.

Pros
  • Bitcoin Gold (BTG)—the newly forked chain that just split off from the incumbent Bitcoin (BTC)—arrived in the crypto community on October 24th, 2017. We previously covered the announcement of the Bitcoin Gold fork earlier this month.
Cons
  • Bitcoin doesn’t allow for GPU mining, which is computationally easier, and as such, Bitcoin mining has become centralized in the hands of a few industrial-grade mining operations—many of them located in China.

Revainrating 4 out of 5

Bitcoin is a good coin and would be better than some Altcoins. And you can get…

Bitcoin is a good coin and would be better than some Altcoins. And you can get Bitcoin Gold through freewallet.org and can be installed as phone app.

Pros
  • Through BTG, you won’t need expensive, enterprise-quality mining equipment to profitably mine a BTC-like chain. GPU mining should, in theory, have a decentralizing effect.
Cons
  • Starts from scratch in terms of merchant adoption.

Revainrating 4 out of 5

Bitcoin Gold is a hard fork of the bitcoin protocol devised by Lightning ASIC…

Bitcoin Gold is a hard fork of the bitcoin protocol devised by Lightning ASIC which is a Hong Kong based mining firm led by Jack Liao, CEO. To combat the mining centralization problem, the BTG developers are implementing a different mining algorithm altogether that will be resistant to ASIC chips called Equihash. Thus, Bitcoin Gold will be mined using GPU's. Bitcoin Gold is a proposed digital asset. Bitcoin Gold intends to perform a wallet balance snapshot at Bitcoin block 491,407 but the…

Pros
  • By redesigning the rights system, Bitcoin Gold wants to attract more investors into the Bitcoin system and make Bitcoin Network more equal.
Cons
  • Will BTG provide enough benefit to weather the scandal? Or will it join other smaller “BTC alts” by fading into obscurity?

Revainrating 4 out of 5

It is clear that the founders and developers working on Bitcoin Gold are fully…

It is clear that the founders and developers working on Bitcoin Gold are fully aware of its connection to the broader world of cryptocurrencies, and of the history and development of the parent Bitcoin. To that end they have been focusing on improvements that will benefit the broader cryptocurrency eco-system, not just Bitcoin Gold itself.

Pros
  • Bitcoin Gold’s developers proposed the fork in order to move to the Equihash consensus algorithm, and make Bitcoin Gold ASIC resistant, thereby putting the mining hash power back in the hands of individuals to a large extent.
Cons
  • Bitcoin mining can be profitable, but it is also very resource intensive. This has led to miners choosing to pool their resources together, and to large centralized mining operations, housing hundreds of very powerful mining rigs, and bringing immense computing resources in the process.

Revainrating 5 out of 5

According to information on Bitcoin Gold's official website, the hard fork…

According to information on Bitcoin Gold's official website, the hard fork plan will be implemented on October 25, However, it does not mean that BTG coin will be released on this date, but only blockchain bitcoin is frozen so that BTG and BTG blocks are built. Currently, developers are planning to launch the BTG Token in early November. Bitcoin Gold coin is expected to sell at 10BTG = 1BTC and they may launch an ICC for Bitcoin Gold.

Pros
  • What is Bitcoin Gold? How to get free BTG Coin money before Hard Fork Bitcoin,Bitcoin Gold (BTG or Bgold) is a product of Jack Liao (CEO of LightningAsic, a Hong Kong based mining equipment company), scheduled to launch Oct. 25, 1977 after Bitcoin's hard fork. Developers of Virtual Bitcoin Gold are working to address mining issues by changing the proof-of-work algorithm.
Cons
  • While changing the proof-of-work algorithm requires a hard fork and the BTG coin has decided to move in the direction of this change. Proof of work that Bitcoin Gold has chosen is EquiSchash, Zcash's similar ASC-like hard disk memory algorithm, with the idea that miners using CPUs and GPUs can also exploit them.

Revainrating 4 out of 5

I think that Bitcoin gold already got their own wallet. I suggest using a…

I think that Bitcoin gold already got their own wallet. I suggest using a wallet published in the official website. They have already faced a hack and their wallet faced some sort of virus attacks, i don't know but i must say, "Don't use a third party wallet" otherwise, you'll lose your coins.

Pros
  • DECENTRALIZATION Bitcoin Gold decentralizes mining by adopting a PoW algorithm, Equihash-BTG, which cannot be run on the specialty equipment used for Bitcoin mining (ASIC miners.) This gives ordinary users a fair opportunity to mine with common GPUs.
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.

Revainrating 4 out of 5

It's hard to say where BTG is going but it could go one of a few ways. It is…

It's hard to say where BTG is going but it could go one of a few ways. It is definitely not something that impresses me as they started out with the famous wallet scam and haven't been forthcoming about this "John Dass" they blamed for it.

Pros
  • Through BTG, you won’t need expensive, enterprise-quality mining equipment to profitably mine a BTC-like chain. GPU mining should, in theory, have a decentralizing effect.
Cons
  • It's a sort of divided coin. From independence, it's incomplete. An ecosystem that relies entirely on bitcoin. I think, ultimately, it won't replace BTC, nor will it replace BTC

Revainrating 4 out of 5

I think that Bitcoin gold already got their own wallet. I suggest using a…

I think that Bitcoin gold already got their own wallet. I suggest using a wallet published in the official website. They have already faced a hack and their wallet faced some sort of virus attacks, i don't know but i must say, "Don't use a third party wallet" otherwise, you'll lose your coins.

Pros
  • By allowing Bitcoin to redistribute rights, Bitcoin Gold hopes to attract more people into the system and liberate the Bitcoin network from companies that supply equipment and large mining companies, especially Bitman. . Although he himself is a big equipment supplier in Hong Kong, CEO Liao agrees to narrow his influence on the system.
Cons
  • Pre-mine of 8000 blocks by BTG group.

Revainrating 4 out of 5

It's hard to say where BTG is going but it could go one of a few ways. It is…

It's hard to say where BTG is going but it could go one of a few ways. It is definitely not something that impresses me as they started out with the famous wallet scam and haven't been forthcoming about this "John Dass" they blamed for it.

Pros
  • BTG will be dug with GPU (video card instead of CPU of ASIC) BTG will support the Replay Protection technology (Restrict confusion when exchanging Bitcoin) BTG will change difficulty in each block chain
Cons
  • If that date is correct, BTG’s devs would’ve accrued approximately 200,000 BTG between now and then.

Revainrating 4 out of 5

tcoin is a good coin and would be better than some Altcoins. And you can get…

tcoin is a good coin and would be better than some Altcoins. And you can get Bitcoin Gold through freewallet.org and can be installed as phone app.

Pros
  • Bitcoin Gold developer wants to eliminate the monopoly role of ASIC chips being used to dig Bitcoin, Bitcoin cash and many other types of money.
Cons
  • Starts from scratch in terms of merchant adoption.

Revainrating 4 out of 5

A profitable mining of BTG is possible only with the help of GPU (video cards…

A profitable mining of BTG is possible only with the help of GPU (video cards). Thanks to this, according to the developers, a free bitcoin-mining should become accessible to everyone, including those who cannot afford to buy the “asics”; the price of the “asics” may be several times higher than the one of the video cards. Additionally, it may have a problematic payback. Moreover, the relatively low mining complexity makes the BTG mining accessible even for the miners with not very powerful…

Pros
  • Bitcoin Gold developer wants to eliminate the monopoly role of ASIC chips being used to dig Bitcoin, Bitcoin cash and many other types of money.
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.

Revainrating 4 out of 5

Bitcoin Gold is a hard fork of the bitcoin protocol devised by Lightning ASIC…

Bitcoin Gold is a hard fork of the bitcoin protocol devised by Lightning ASIC which is a Hong Kong based mining firm led by Jack Liao, CEO. To combat the mining centralization problem, the BTG developers are implementing a different mining algorithm altogether that will be resistant to ASIC chips called Equihash. Thus, Bitcoin Gold will be mined using GPU's. Bitcoin Gold is a proposed digital asset. Bitcoin Gold intends to perform a wallet balance snapshot at Bitcoin block 491,407 but the…

Pros
  • Developer of the Bitcoin Gold project That is Jack Liao - CEO of LightningAsic company headquartered in Hong Kong. His company sells hardware for Bitcoin.
Cons
  • Adds to wrong precedence by forking of bitcoin. Same / similar result could have been achieved had teams tried to push there changes through open source route.

Revainrating 4 out of 5

Bitcoin Gold, still can only be classified as altcoin by its position and…

Bitcoin Gold, still can only be classified as altcoin by its position and authority. Bitcoin Gold has a range of advantages comparing to the older altcoins. Still, the coin is progressively developing and include in the list of TOP-25 cryptocurrencies according to coinmarketcap.com.

Pros
  • BTG will be dug with GPU (video card instead of CPU of ASIC) BTG will support the Replay Protection technology (Restrict confusion when exchanging Bitcoin) BTG will change difficulty in each block chain
Cons
  • Decreases de-centralization with small set of developer. It remains to be seen, how BTG developers and BTG foundation involves community in modification of Bitcoin gold in days to come.

Revainrating 4 out of 5

A profitable mining of BTG is possible only with the help of GPU (video cards…

A profitable mining of BTG is possible only with the help of GPU (video cards). Thanks to this, according to the developers, a free bitcoin-mining should become accessible to everyone, including those who cannot afford to buy the “asics”; the price of the “asics” may be several times higher than the one of the video cards. Additionally, it may have a problematic payback. Moreover, the relatively low mining complexity makes the BTG mining accessible even for the miners with not very powerful…

Pros
  • Developer of the Bitcoin Gold project That is Jack Liao - CEO of LightningAsic company headquartered in Hong Kong. His company sells hardware for Bitcoin.
Cons
  • Adds to wrong precedence by forking of bitcoin. Same / similar result could have been achieved had teams tried to push there changes through open source route.

Revainrating 3 out of 5

A profitable mining of BTG is possible only with the help of GPU (video cards…

A profitable mining of BTG is possible only with the help of GPU (video cards). Thanks to this, according to the developers, a free bitcoin-mining should become accessible to everyone, including those who cannot afford to buy the “asics”; the price of the “asics” may be several times higher than the one of the video cards. Additionally, it may have a problematic payback. Moreover, the relatively low mining complexity makes the BTG mining accessible even for the miners with not very powerful…

Pros
  • By redesigning the rights system, Bitcoin Gold wants to attract more investors into the Bitcoin system and make Bitcoin Network more equal.
Cons
  • Bitcoin Gold, still can only be classified as altcoin by its position and authority.

Revainrating 4 out of 5

Bitcoin Gold is a hard fork of the bitcoin protocol devised by Lightning ASIC…

Bitcoin Gold is a hard fork of the bitcoin protocol devised by Lightning ASIC which is a Hong Kong based mining firm led by Jack Liao, CEO. To combat the mining centralization problem, the BTG developers are implementing a different mining algorithm altogether that will be resistant to ASIC chips called Equihash. Thus, Bitcoin Gold will be mined using GPU's. Bitcoin Gold is a proposed digital asset. Bitcoin Gold intends to perform a wallet balance snapshot at Bitcoin block 491,407 but the…

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
  • Pre-mine of 8000 blocks by BTG group.

Revainrating 4 out of 5

The developers moved away from the algorithm SHA-256, which is a basis of the…

The developers moved away from the algorithm SHA-256, which is a basis of the traditional bitcoin, in order to make BTG more decentralized,. Their coin applies a more peculiar Equihash algorithm that complicates the creation of ASIC devices specifically for Bitcoin Gold mining.

Pros
  • Bitcoin Gold wants to change the way money is mined by improving the digging method as well as making the network better. Exactly they want to remove the exclusive value of the ASIC chip.
Cons
  • Will BTG provide enough benefit to weather the scandal? Or will it join other smaller “BTC alts” by fading into obscurity?

Revainrating 3 out of 5

A profitable mining of BTG is possible only with the help of GPU (video cards…

A profitable mining of BTG is possible only with the help of GPU (video cards). Thanks to this, according to the developers, a free bitcoin-mining should become accessible to everyone, including those who cannot afford to buy the “asics”; the price of the “asics” may be several times higher than the one of the video cards. Additionally, it may have a problematic payback. Moreover, the relatively low mining complexity makes the BTG mining accessible even for the miners with not very powerful…

Pros
  • Through BTG, you won’t need expensive, enterprise-quality mining equipment to profitably mine a BTC-like chain. GPU mining should, in theory, have a decentralizing effect.
Cons
  • The BTG team are refusing to release the project’s code for now, too, leading Coinbase to refuse to support BTG out of security concerns.

Revainrating 3 out of 5

Unlike the BCH fork authorities, Bitcoin Gold developers have never claimed…

Unlike the BCH fork authorities, Bitcoin Gold developers have never claimed their fork to be the “only true bitcoin”. Bitcoin Gold team has been continually repeating that decentralization is severely limited in the context of the classic Bitcoin due to the high concentration of the mining facilities on the farms for industrial mining. The majority of such farms are located in China; each farm contains a few hundred or even thousand ASIC devices under the surveillance of little amount of…

Pros
  • TRANSPARENCY Bitcoin Gold is a free open source software project that is built by volunteer developers and supported by a rapidly growing community of Bitcoin enthusiasts that stretches around the globe.
Cons
  • The BTG team are refusing to release the project’s code for now, too, leading Coinbase to refuse to support BTG out of security concerns.

Revainrating 4 out of 5

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
  • BTG will be dug with GPU (video card instead of CPU of ASIC) BTG will support the Replay Protection technology (Restrict confusion when exchanging Bitcoin) BTG will change difficulty in each block chain
Cons
  • This comes after the BTG team flip-flopped several times, first saying they were, and then they weren’t, going to be pre-mining BTG. This marks a significant breach of trust.