Bitcoin Gold Launches on November 12

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Bitcoin Gold is a distributed digital currency. It is a hard fork of Bitcointhe open source cryptocurrency. The stated purpose of the hard fork is to restore the mining functionality with common Graphics Processing Units GPUin place of mining with specialized ASIC customized chipsetsused to mine Bitcoin.

A central part of the bitcoin process, mining, is being controlled by a few manufacturers who sell their products to a select group of industrialized miners, centralizing the mining task and breaking with one of the core values of bitcoin - decentralization [2]. ASIC resistant GPU powered mining provides gold coin bitcoin talks solution, as this kind of hardware is ubiquitous, and anyone can start mining with a standard, off-the-shelf laptop computer.

The hard fork occurred on October gold coin bitcoin talks,at block height The team did this via a rapid mining of approximately 8, blocks at However, of the K coins, some five percent were set aside as a bonus for the team, or about coins for each of the six members. Bitcoin gold uses the memory hard gold coin bitcoin talks as proof-of-work algorithm instead of the sha But for the rest, the project follows the guidelines of the Bitcoin core project.

From Wikipedia, the free gold coin bitcoin talks. This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. December Learn gold coin bitcoin talks and when to remove this template message. This article may be too technical for most readers to understand. Please help improve it to make it understandable to non-expertswithout removing the technical details. January Learn how and when to remove this template message.

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A great place for new members to get started and introduce themselves. April 25, , Main discussion of the Goldcoin GLD currency. The publicly viewable epicenter for news, ideas, and central topics. May 03, , Topics related to generating Goldcoins.

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