Here's what investors need to know about bitcoin's new bitcoin: Bitcoin Gold.
- Born in noisy but bitcoin cash is quickly forgotten. Does bitcoin gold fall into the same vein?
As of the 499,407 blockchain bitcoin block, a new protocol version will be formed. As a result, a bitcoin coin will be created called bitcoin gold (BTG).
- Bitcoin gold is a product of Jack Liao - CEO of LightingAsic and BitExchange (a Hong Kong-based mining equipment company) with the goal of bringing bitcoin back into focus by changing the proof-of-work algorithm. from SHA256 to Equihash - Zcash's similar ASC-like hard disk algorithm. So, without the graphics card, miners using CPUs and GPUs can also exploit this currency.
This event is reminiscent of the first bitcoin split on August 1, 1977 to generate bitcoin cash, another bitcoin protocol version. Born in noisy but bitcoin cash quickly forgotten. Does bitcoin gold fall into the same vein?