Bitcoin Gold Description

BTG is a cryptocurrency that uses Bitcoin fundamentals and can be mined on common GPUs rather than specialty ASICs. ASICs tends to monopolize mining to a handful of big players, but GPU mining allows anyone to mine again - restoring decentralization. GPU mining rewards are distributed to individuals around the world, rather than to ASIC warehouse owners. This creates the same network effects as Bitcoin. Lighting Network extends Bitcoin Gold, routing nearly unlimited payments per second. This is an example a "second layer" solution that lives atop the main Blockchain. Side chains and second layers allow technologies such as smart contracts to run at lightning fast speeds, which is protected by the underlying BTG mainchain. BTG is a blockchain that is compatible with Bitcoin (with SegWit, Lightning Network), but does not require the use of Bitcoin hashpower.

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Company Details

Company:
Bitcoin Gold
Website:
bitcoingold.org

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Product Details

Platforms
SaaS
Customer Support
Online

Bitcoin Gold Features and Options