Bitcoin Gold is a free, open-source cryptocurrency project developed by volunteer bitcoin enthusiasts
What is Bitcoin Gold (BTG)?
The Bitcoin Gold is a hard fork of the open source cryptocurrency Bitcoin. It aimed at breaking down the bitcoin in mining monopoly. A hard fork creates a new branch of the bitcoin blockchain that involves the same transaction history as bitcoin up until the fork but exists in parallel with the bitcoin blockchain after the fork. This is the way create a new cryptocurrency.
Bitcoin Gold (BTG): History
Bitcoin Gold forked the Bitcoin blockchain as scheduled after block 491406. Then the new Bitcoin Gold blockchain started actively growing at block 491407. During these days, the community developed and tested the necessary changes to stop prevent accidental or malicious complications between Bitcoin and Bitcoin Gold as well as the changes necessary for Bitcoin Gold to run on a completely different network of miners. Bitcoin Gold was created on 2017-10-24 but not usable until 2017-11-12.
How Does Bitcoin Gold (BTG) Work?
Bitcoin Gold is similar to Bitcoin. They both have the same transaction processing time of 10 minutes as well as they both have 21 million coins maximum supply. Bitcoin Gold uses Equihash, a proof-of-work algorithm, which means it requires the miner to solve a hard cryptographic puzzle to mine a block. With Bitcoin Gold, anyone using commonly manufactured equipment can mine, providing an equal opportunity environment more in line with bitcoin inventor Satoshi Nakamoto’s vision of “one CPU, one vote.”
How to Buy Bitcoin Gold (BTG)?
First, you need to create a Bitcoin Gold wallet to store your coins. Then you can create Ledgerwallet to store your coins safe. Then give a password for your wallet so that nobody can access your coins without your permission. Then buy Ethereum by using Coinbase. Then trade it for Bitcoin Gold.
Bitcoin Gold (BTG) Price Prediction 2018
The price today of Bitcoin Gold (BTG) is $130.81, and it has the circulating supply of 16, 825, 411 BTG. We can expect the price of the Bitcoin Gold will increase in 2018. Bitcoin Gold (BTG) price today is $130.81 and have the current supply of 16,825,411 BTG. The market cap value is $2,200,881,548 and the volume is marked as $72,006,100 . Bitcoin Gold price prediction, Bitcoin Gold price forecast, Bitcoin Gold price and news, BTG price forecast, BTG price prediction 2018, What is the price of Bitcoin Gold 2018.