BitcoinGold BTG was created / a modified version of Bitcoin BTC because a technical reason, few people understand...
Bitcoin BTC Blockchain was designed with SHA256 algorithm, developed by the N.S.A.
https://en.wikipedia.org/wiki/Secure_Hash_Algorithmsit turns out, that China developed ASIC Miners that could Monopolize / Control All the Bitcoin in the Future/World...
Bitcoin was created with De-Centralized Idea, anything that goes against Decentralization is against the Original idea/purpose of Bitcoin...
https://bitcoin.org/bitcoin.pdfBitcoin has become Centralized,
the Only way to keep Bitcoin Decentralized was to change the Algorithm,
that´s why Litecoin was Born, it was a Mutation of Bitcoin, they replaced the SHA256 algorithm with Scrypt,
but China once again created ASIC Scrypt miners...
New Algorithms were Born, ETHash "Ethereum & Ethereum Classic."
BytecoinBNC CriptoNote, and its mutations like MoneroXMR CryptoNight v6, Now will change to v7 this month.
https://upload.wikimedia.org/wikipedia/commons/7/7a/Forks-tree-fixed.pngEquihash...
and many many more...
https://bitcointalk.org/index.php?topic=1944858.msg30868936#msg30868936https://bitcointalk.org/index.php?topic=1944858.msg34234348#msg34234348BitcoinGold replaced the SHA256 with Equihash, and a fork was born, "the difference in ideas, how the future should be, similar to Ethereum & Ethereum Classic Fork."
https://en.wikipedia.org/wiki/List_of_bitcoin_forksETClassic is "inmutable", ETH is Mutable,
BTC is "inmutable in some aspects" like the 1MB Block Size limit, and the SHA256 algorithm.
when developers don´t agree in the RoadMap, a Fork is Born.
thats why BitcoinCash was born, to increase the Block Size Limit.
the reason for Equihash was backward compatibility, and easy implementation...
Other coins that have a much more advanced Algorithm are Not compatible, and the Blockchain must Start from 0.
e-Coins behave like Darwinism & Natural Selection created by Mutations of the Code, and Environment Adaptation.
https://en.wikipedia.org/wiki/Darwinismhttps://en.wikipedia.org/wiki/Neo-Darwinismto me Bitcoin is the Ford Model-T of this era... and sooner or later it will be replaced, with a much better. LOL .Jajajajajaja
example BTG created its own forum...
https://forum.bitcoingold.orgwhere does the name Bytecoin comes from?
1 Bit = 1 or 0.
1 Byte = 1 group of 8 bits.
its a way to say its Bigger, it an evolution...
https://en.wikipedia.org/wiki/Bithttps://en.wikipedia.org/wiki/Byteexample internet speed is sold in bits per second because slow speed looks bigger / more impressive.
but hard drive capacity & speed is sold in Bytes because bits are 1/8 too small & will give a number too big.
Sales Marketing.?
pay for a 20Mbps internet or for 2.5MB/s internet?
but SATA port is in Bits, SATA-III = 6Gbps, but PCIe x1 v2 is limited to 5Gbps, if you put 2x SSD's into a controller connected to PCIe x1 v2 speed will half.
https://en.wikipedia.org/wiki/PCI_Express#History_and_revisionsAnyway...
why i think Bytecoin is better than Bitcoin:
https://bitcointalk.org/index.php?topic=1944858.msg33766108#msg33766108https://bitcointalk.org/index.php?topic=1944858.msg33769500#msg33769500https://bitcointalk.org/index.php?topic=1944858.msg33619265#msg33619265https://bitcointalk.org/index.php?topic=1944858.msg33596490#msg33596490BCN Technical Specs:
Specifications
Algorithm: CryptoNight
Block time is 120 seconds
Difficulty retarget each block
Block reward decreases each block according to the formula:
BaseReward = (MSupply - A)/218
where MSupply = (264 - 1) atomic units and 'A' is amount of already generated coins
One coin is divisible down to 8 decimal places (divisible up to 10^8)
Total coins: 18,446,744,073,709,551,616 atomic units (= 184.46 billion BCN)
https://bytecoin.org/about/technical-documentationCryptoNight v6 is the Best Hybrid CPU & GPU algorithm today...
MoneroXMR is launching "this month" a New v7 Algorithm with unknown performance.
CryptoNight is much more power efficient than Equihash and many other algorithms.
also the CPU vs. GPU ratio makes is less Centralized... still makes sense to use the CPU = more decentralized.
GPU Only algorithms like ETHash are responsable for the GPU price increase in the last year,
used price today for a GPU was New Price Yesterday.
are e-coins scam?
real money is scam...
money was backed up in the past with Gold Reserves 1:1... until it was abandoned &/or forbidden by governments.
Today Paper Money worths Nothing, creating inflation & debt.
https://en.wikipedia.org/wiki/Gold_standard#Theoryhttps://en.wikipedia.org/wiki/United_States_dollar#Silver_and_gold_standards"Gold coins were confiscated by Executive Order 6102 issued in 1933 by Franklin Roosevelt. The gold standard was changed to 13.71 grains (0.888 g), equivalent to setting the price of 1 troy ounce of gold at $35. This standard persisted until 1968."
https://en.wikipedia.org/wiki/Executive_Order_6102"Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The limitation on gold ownership in the U.S. was repealed after President Gerald Ford signed a bill legalizing private ownership of gold coins, bars and certificates by an act of Congress codified in Pub.L. 93373[1] which went into effect December 31, 1974."
PoW coins are made of energy, energy someone has pay'd...
eCoins are stored Energy...
In the Hitman Game, Sapienza At Sunset, when Hitman is walking with the priest, says:
"Money is God,
thats whats Nietzsche never understood,
God simply has taken another form."
https://youtu.be/it1PsAojZJo?t=8m18sGod is Energy, & Money is Energy, Money is a small piece of God's Energy.
thats why every body wants it.
some people call it The Gold Rush.
https://en.wikipedia.org/wiki/Gold_rushi have felt it, the energy.
is more real than anything else.
