fork called Bitcoin Gold? . Bitcoin Gold is going to be a new cryptocurrency that will be a fork of the original Bitcoin. . The Bitcoin Gold community defines BTG in the following fashion: Bitcoin Gold is a community-activated hard fork of Bitcoin to make mining decentralized again. You will always have access to your free Bitcoin Gold as long as your Bitcoin stored in a wallet which allows you to export out your private keys before the hard fork happens. Two of the wallets I recommend within the. BTG will have inbuilt replay protection because it is a direct fork of BTC. Specifically, to combat the mining centralization problem, the BTG developers are implementing a different mining algorithm altogether that will be resistant to asic chips called. This will make asic miners irrelevant for mining Bitcoin Gold because, with the implementation of Equihash, Bitcoin Gold will be mineable simply by using cheap GPUs.
You can also use a paper wallet or brain wallet. So to avoid replay attacks and access your free BTG coins, we suggest you take care of the following things: Avoid transactions for some days until the dust settles to avoid replay attacks. Dont forget to share it! Order Ledger Nano S Order Trezor from the official site Future Of BTG BTG Blockchain Launch Date: November 12, 2017 7:00 PM (19:00 UTC) The future of BTG isnt clear yet. We dont make suggestions to buy or not buy any kind of cryptocurrency, especially not Bitcoin Gold (BTG as all cryptocurrency markets are still highly volatile and easily manipulated. If you hold your keys in a paper wallet or software wallet, wait for instructions on how to access your BTG coins. But there are few other differences. That means home computers or dedicated mining rigs can now be used to mine.
And heres the important part: Both of your coins (BTC and BTG) will have the same private keys. BTG will have inbuilt replay protection. In this article, I intend to cover everything you need to know about the upcoming Bitcoin hard fork and how to prepare and benefit from it by doubling you coin holdings. Bitcoin Gold allows anyone with a GPU to mine Bitcoin Gold. . My Opinion I have mixed feelings toward this because of several reasons Its a good idea to have a GPU-minable algorithm. Therefore one simply needed to have Bitcoin held with a supported exchange and they took care of the work. .
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