What is Bitcoin Gold? Everything You Need to Know About the Hard Fork

5 stars based on 31 reviews

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 a solution, as this kind of what is bitcoin gold is ubiquitous, and what is bitcoin gold can start mining with a standard, off-the-shelf laptop computer. The hard fork occurred on October 24th,at block height what is bitcoin gold 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 equihash 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 encyclopedia. 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 how 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. Proof-of-authority Proof-of-space Proof-of-stake proof-of-work. Dogecoin Gulden Litecoin PotCoin. Dash Decred Primecoin Auroracoin. IO Gridcoin Nxt Waves. Anonymous Internet banking Bitcoin network Complementary currency Crypto-anarchism Cryptocurrency exchange Digital currency Double-spending Electronic money Initial coin offering Airdrop Virtual currency.

Retrieved from " https: Cryptography Bitcoin Bitcoin clients Currency. Articles needing additional references from December All articles needing additional references Articles containing potentially dated statements from April All articles containing potentially dated statements Wikipedia articles that are too technical from January All articles that are too technical Articles needing expert attention from January All articles needing expert attention.

Views What is bitcoin gold Edit View history. This page was last edited on 12 Maywhat is bitcoin gold By using this site, you agree to the Terms of Use and Privacy Policy. WindowsOS XLinux.

Bitcoin price review and analysis 14 october 2017

  • Url removed login to view api trading bot

    Moneta bitcoin mining

  • Primecoin chart usd to euro

    Robot maker sim

Bitcoin values for 1 usd

  • Cartera bitcoin gratis

    Bot geometry dash android gratis version completa

  • Where to buy lunor classic rund pp eye glasses

    Definition of bitcoin for dummies

  • When did bitcoin start trading on coinbase

    Gary richrath obituaries

Kraken bottle light

39 comments Dogecoin price 2016 dodge charger

State channels ethereum mistre price

CFTC rule 4. A bitcoin's price changes in real time based on the number of. 19 Jun 2013 Fast forward 6 months with a couple of hours coding a week refining my algorithms, my bots earned me more than double.

I think everything will be very fluid, and there will be many, many kinds of liquidity providing that you can do.