venerdì 2 novembre 2018

BITCOIN GOLD WHAT IS?

What is Bitcoin Gold?

Bitcoin Gold is a proposed fork to the Bitcoin network to create a new blockchain. The new blockchain will be incompatible with the existing version of Bitcoin.

DECENTRALIZATION: Bitcoin Gold decentralizes mining by adopting a PoW algorithm, Equihash, which cannot be run faster on the specialty equipment used for Bitcoin mining (ASIC miners.) This gives ordinary users a fair opportunity to mine with ubiquitous GPUs.

FAIR DISTRIBUTION: Hard forking Bitcoin’s blockchain fairly and efficiently distributes a new digital asset immediately to people all over the world who have interest in cryptocoins. Other methods, such as creating coins with a new genesis block, concentrate ownership within a small group.

REPLAY PROTECTION: To ensure the safety of the Bitcoin ecosystem, Bitcoin Gold has implemented full replay protection and unique wallet addresses, essential features that protect users and their coins from several kinds of accidents and malicious threats.

TRANSPARENCY:  Bitcoin Gold is a free open source software project that is built by volunteer developers and supported by a rapidly growing community of Bitcoin enthusiasts that stretches around the globe.



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