Bitcoin Gold (BTG) was launched in 2017 as a new and user-friendly crypto option. its purpose Bitcoin The aim is to provide new opportunities for developers while maintaining the security and strength of the software. This is a hard fork that uses Equihash proof-of-work to make mining much easier.
What is Bitcoin Gold?
Bitcoin Gold (BTG) was launched in 2017 as a consumer-pleasant backup cryptocurrency. Its purpose is to provide opportunities for experimentation and development while maintaining the security and strength of the Bitcoin Blockchain. BTG uses the same blockchain as Bitcoin, but without using Bitcoin’s hash power resources and without engaging in the title case of “Real Bitcoin”. Its target is to provide new opportunities for DeFi and DApp Builders.
Who is the founder of Bitcoin Gold?
Bitcoin Gold was founded in 2017 by a group of ambitious individuals with diverse backgrounds and talents. Its co-founder and lead developer is Grasp Yin, who received a degree in computer science from Fudan College and later worked as a software engineer at Google. The other co-founder is Martin Kuvandzhiev, who received a degree in computer software engineering from the Technical College of Sofia and has held important positions in various companies. He is currently the CEO of Assetify.
Why is Bitcoin Gold unique?
Bitcoin Gold (BTG) combines the features of the original Bitcoin Blockchain with an unutilized and cutting edge blockchain building approaches. It is a hard fork of Bitcoin, which introduces a new Evidence-Of-Paintings Set of rules, which solves Bitcoin’s scalability problems. BTG is an open-source protocol, allowing developers blockchain Can freely participate in the development and governance of. This cryptocurrency attracts the attention of institutional investors and is available on various exchanges and services.
How secure is Bitcoin Gold Community?
Bitcoin Gold (BTG) uses a proof-of-work (PoW) consensus mechanism, like Bitcoin, to secure the network. However, BTG introduced Equihash PoW to improve the mining process, which puts GPUs first for mining. Equihash uses more memory than ASICs, but it works well on many graphics cards. In Bitcoin Gold, importance is given to the processing power of miners.
Where to buy Bitcoin Gold
Bitcoin Gold (BTG) is available to buy on many exchanges, as it is the first hard fork of Bitcoin. You can buy Bitcoin Gold from Binance, there are other options as well which include:
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Bithumb
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Huobi International
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Bitfinex
Conclusion
Bitcoin Gold (BTG) is an innovative and secure cryptocurrency, which provides new opportunities to developers. Its open-source nature and GPU based mining process makes it different from Bitcoin. Although its price can fluctuate, it has made an important place in the crypto market and is available on various exchanges, making it easy to buy.
Also read:Crypto Presale which will give you the opportunity of safe investment
