Bitcoin Gold

in #bitcoin9 years ago

With the widespread use of Bitcoin, the need to scale the network to support the growing number of transactions has become urgent. By increasing the number of transactions performed on the network, it becomes necessary to find solutions to streamline asset transfer processes.

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After many proposals was chosen SegWit, which was implemented on August 23 of this year. However, in the midst of this controversy, the Bitcoin Cash cryptononeda appeared on August 1, as a contingency measure against the activation of a SABU (Soft Activated Bifurcation by Users) by the developers of Bitcoin Core. Now, another bifurcation of Bitcoin's main network, called Bitcoin Gold (BTG) , announces that it will enter the market on October 25, under the premise of decentralizing Bitcoin back to the users.

As happened with Bitcoin Cash, if the Bitcoin network is bifurcated with Bitcoin Gold, the amount of bitcoins in the portfolios will be doubled, reason why the team of developer of this new altcoin has invited to the community to convert all its criptomonedas to Bitcoin not to "stay out of the operation".

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