$BTG / $BTC are we going to break this resistance soon? looking strong on daily chart. keep an eye on this one.
BITCOIN-GOLD Scoring
Overall Score: 77.65%
Open communication channels: 100%
Team strength: 60%
Product strength: 76%
Coin strength: 73%
Brand awareness/Buzz: 80%
Advisory board strength: 25%
Activity on social media: 95%
Quick Research
Purpose: BTG is a Bitcoin fork that is ASIC resistant (to prevent miner centralization), uique address format, and dynamic difficulty adjustment.
Product Status: Fully working product
Consensus Method: Proof of work
Emission rate: Emitted in proportion to amount of network activity
TXN'p/s: 0
Abstract:
Bitcoin Gold is a community-led project to create an experimental hard fork of Bitcoin to a new proof-of-work algorithm. The purpose for doing this is to make Bitcoin mining decentralized again. Satoshi Nakamoto’s idealistic vision of “one CPU one vote” has been superseded by a reality where the manufacture and distribution of mining equipment has become dominated by a very small number of entities, some of whom have engaged in abusive practices against individual miners and the Bitcoin network as a whole. Bitcoin Gold will provide an opportunity for countless new people around the world to participate in the mining process with widely-available consumer hardware that is manufactured and distributed by reputable mainstream corporations. A more decentralized, democratic mining infrastructure is more resilient and more in line with Satoshi’s original vision. Perhaps, if the Bitcoin Gold experiment is judged by the community to be a success, it may one day help build consensus for a proof-of-work hard fork on Bitcoin itself.
Investment data
Listed on 28 exchanges
CoinMarketCap Rank: 30
Market Cap: $553 M
24H Volume: $11 M
Coin Age: 8 months
BITCOIN-GOLD Scoring
Overall Score: 77.65%
Open communication channels: 100%
Team strength: 60%
Product strength: 76%
Coin strength: 73%
Brand awareness/Buzz: 80%
Advisory board strength: 25%
Activity on social media: 95%
Quick Research
Purpose: BTG is a Bitcoin fork that is ASIC resistant (to prevent miner centralization), uique address format, and dynamic difficulty adjustment.
Product Status: Fully working product
Consensus Method: Proof of work
Emission rate: Emitted in proportion to amount of network activity
TXN'p/s: 0
Abstract:
Bitcoin Gold is a community-led project to create an experimental hard fork of Bitcoin to a new proof-of-work algorithm. The purpose for doing this is to make Bitcoin mining decentralized again. Satoshi Nakamoto’s idealistic vision of “one CPU one vote” has been superseded by a reality where the manufacture and distribution of mining equipment has become dominated by a very small number of entities, some of whom have engaged in abusive practices against individual miners and the Bitcoin network as a whole. Bitcoin Gold will provide an opportunity for countless new people around the world to participate in the mining process with widely-available consumer hardware that is manufactured and distributed by reputable mainstream corporations. A more decentralized, democratic mining infrastructure is more resilient and more in line with Satoshi’s original vision. Perhaps, if the Bitcoin Gold experiment is judged by the community to be a success, it may one day help build consensus for a proof-of-work hard fork on Bitcoin itself.
Investment data
Listed on 28 exchanges
CoinMarketCap Rank: 30
Market Cap: $553 M
24H Volume: $11 M
Coin Age: 8 months