1 Level
34 Review
40 Karma
Review on Bitcoin Gold by Julio Arvelo
Decentralizes mining by adopting a PoW algorithm, Equihash-BTG, which cannot…
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 GPU.
Bitcoin Gold has implemented full replay protection and unique wallet addresses, essential features that protect users and their coins from several kinds of accidents and malicious threats.
Is a free open source software project
Pros
- Bitcoin Gold is a hard fork of the cryptocurrency Bitcoin, which gives ordinary users a fair opportunity to mine with ubiquitous GPUs. 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. Has become one of those fork types whose emergence created unwarranted disagreements and it has soared despite that setback. However, the very nature of the currency has transcended the need for argument on whether or not it is a valid cryptocurrency and essentially worth having.
Cons
- The need and support of this hard fork is still very debatable and it remains to be seen if the developers will manage to fulfill their promises and vision, and if BTG will gather community support.
