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Review on Bitcoin Gold by Bin Laden
The relative success of BCH did inspire a lot of people supporting the first…
The relative success of BCH did inspire a lot of people supporting the first fork. Some developers strived to maximize a new bitcoin-version efficiency through application of the number of revolutionary changes, which the community avoided to implement for a long time.
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. It furthers de-centralization by enabling ASICs resistant algorithm, which seems to be a weakness of SHA256 based Bitcoin and Bitcoin Cash.
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. Evidence suggests the BTG team started pre-mining BTG on Sept. 28th, performed in secret and without feedback from the community. If that date is correct, BTG’s devs would’ve accrued approximately 200,000 BTG between now and then.
