Tag: Bitcoin Gold

Bitcoin Gold (BTG) will switch to a new Proof-of-Work (PoW) algorithm after the recent 51 percent and double spending attack on the protocol. ASIC Miners to Face Unprofitable Times In an official announcement on June 4, 2018, the BTG organization laid out changes to their blockchain expected in the upcoming network upgrade to be accomplished via a “Hard Fork.” The…

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After a bearish Q1 2018 for the cryptocurrency market, which saw the total market cap drop by $300 billion since its peak in December 2017, Q2 is marked by bitcoin and its hard forks in a bullish uptrend. Separate Coins for Separate Objectives In what could be either be a case of mistaken identity or solid fundamentals, the previously less…

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Coinsecure, one of the most popular bitcoin exchanges in India, announced it had 438.3186 bitcoin (BTC) – around $3.6 million at current exchange rates – stolen from the company’s main wallet on Friday, April 13. To spice up the story even further, the exchange is accusing its own CSO, Dr. Amitabh Saxena, of the theft. Mohit Kalra, the CEO of…

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In August 2017, bitcoin underwent the first major hard fork since it was released back in 2009. A fork involves the splitting of the currency into two separate entities. While the original bitcoin remains unaffected and continues to perform without any problems, the forked currency is led by a different vision and motivation than the original. It is important to…

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At the time of publication, the following warning appears on bitcoingold.org welcome page: According to the associated Critical Warning description, Bitcoin Gold’s (BTG) official GitHub repository served unsigned wallet software for almost five days: “Anyone who downloaded the Windows Wallet file between November 21, 2017, 09:39 UTC, and November 25, 2017, 22:30 UTC, should not use the file in any…

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Its original release date pushed back, Bitcoin Gold (BTG) is finally about the drop. The possibility of GPU mining on a Bitcoin chain is interesting, but is it compelling enough to outweigh BTG’s drama? Bitcoin Gold Mainnet Goes Live Bitcoin Gold’s developers have implemented numerous fixes that are now officially ready to go, per the team. Accordingly, the devs just…

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The Bitcoin scaling debate is far from being while it seems that a new cryptocurrency is coming out of the new Bitcoin fork that took place on October 24, which aims to address miner centralization. However, users will have to wait for the software and comes with a premine of 200,000 Bitcoin Gold coins. We have seen the most intense…

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