Bitcoin Gold - BTCGold, What and How Can I Get It?
What is BITCOIN GOLD?
BTCGold or Bitcoin Gold is a split or breakdown of Bitcoin that will occur on October 25, 2017. In the specified block alignment, Bitcoingold miners will create a block with a new proof-of-work algorithm, and this will result in a fractional blockchain of Bitcoin.Blockchain Bitcoin (BTC) will continue unchanged, but a new branch of blockchain will be released from its original chain. The new branch is a different blockchain with the same transaction history as Bitcoin until a split occurs. From this process, a new crypto currency is then born the bitcoin gold / Btcgold.
What exactly is the purpose of Bitcoin Gold?
Making decentralized Bitcoin mining again is a goal in the presence of Bitcoin Gold. Satoshi Nakamoto's idealist vision of the so-called "one CPU sound" has been replaced by the fact that the manufacture and distribution of mining equipment has been dominated by a small number of entities, some of which have been involved in the rough practice of individual miners and Bitcoin networks whole.By changing Bitcoin's proof-of-work algorithm from SHA256 to Equihash, all special SHA256 mining equipment is definitely not able to mine bitcoin gold. Thus, Bitcoin Gold will provide an opportunity for many new people around the world to participate in the mining process by using widely available consumer hardware that is produced and distributed by leading mainstream companies. A more decentralized democratic mining infrastructure is more resilient and more in line with Satoshi's original vision.
How to get Bitcoin Gold?
The method of distributing coins for Bitcoin Gold (BTG) exactly matches what Bitcoin Cash (BCH) used some time ago. All Bitcoin owners with BTC private key on October 25 (block 491 407) will receive Bitcoin Gold for 1 BTC = 1 BTG (If you have 20 BTC assets, you will receive 20 BTGs). You need to control the BTC private key to perform Bitcoin Gold transactions. Of course d0wnl0ads that use a lot of memory, Simple him, I suggest you to put your gold bitcoin in YOBIT.
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In Yobit, without verification of your ID card you can do Trading.
BTCGOLD difference with BTC with BTH:
But surely it will happen?The answer is not necessarily,
But we'll see what happens on 25 oct 2017.
Excerpted from: Ayounglam.com
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