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Announced right before Bitcoin Cash forked, Bitcoin Gold is scheduled to go live sometime in November. Bitcoin Gold is the brainchild of Jack Liao and is launching as a hard fork of Bitcoin.
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The goal of BTG is to become a better gold than Bitcoim. The chief way they have decided to do this is trying to solve miner centralization through a proof-of-work change.
One thing is for certain: After the scaling drama hash bitcoin talk the past few years, we finally made progress when BIP91 locked hasy on Thursday. This is the hardest thing to answer. Because Bitcoin Cash is a fork of the ledger, that means you own the same amount of Hssh Cash as you did Bitcoin at the time of the forking block. Bitcoin Cash is peer-to-peer electronic cash for the Internet. Changing proof-of-work is generally going to require a hard fork and BTG has decided to go that route. What will the volumes on both coins be like? That said, the fiduciary duty any exchange or merchant has when they take possession of your Bitcoin means they probably have to give you the Bitcoin Gold due to you.
Changing proof-of-work is generally going to require a hard fork and BTG hashh decided to go that route. Equihash, on the other hand, is a pretty complex hashing function and requires a lot of RAM to perform.
Their raet is to pick a block on October 25, to fork from, hence the date on their webpage. That does not mean that their coin launches on that day, just hash rate bitcoin talk the Bitcoin blockchain gets frozen for the BTG chain on that day hash rate bitcoin talk new BTG blocks built on top later.
Conclusion Bitcoin Gold is another hard fork that will bring some changes to the ecosystem. Rest assured that as long as you control your own private keys, you should be able to use those keys hash bitcoin talk create transactions on either chain safely. How will price react to hash rate? What is Bitcoin Cash? The hashrate supporting the chain is dependent on hash bitcoin talk price and hard to predict. Conclusion Unfortunately, the Bitcoin Cash announcement brings more questions than answers. Although technically simple to raise this limit, the community could not reach a consensus, even after years of debate. Bitcoin Gold is the brainchild of Jack Liao hash rate bitcoin talk is launching as a hard fork of Bitcoin.
Currently, they are planning an early November release, which means that their blockchain will have no blocks for a week hash rate bitcoin talk so in between. The Bitcoin Gold developers plan to create a testnet sometime in mid-to-late October. Bitcoin Gold will only affect you if you own Bitcoin when they pick the hard fork block, that is, around October You will receive the exact amount of Bitcoin Gold as Bitcoin you hold at that block.
However, you will most likely need to download a wallet or construct hash rate bitcoin talk manually to be able to move your Bitcoin Gold tokens. If you have your Bitcoins on an exchange, the exchange will likely credit you with your Bitcoin Gold eventually. This will especially be true if BTG has value above 0.
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Hash rate bitcoin talk said, the fiduciary duty any exchange or merchant has when they take possession of your Bitcoin means they probably have to give you the Bitcoin Gold due to you. Conclusion Bitcoin Bitfoin is another hard fork that will bring some changes to the ecosystem.
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