Bitcoin gold launches replay protection and blog for daily communiques

After an adventurous launch and blatant criticism of the mystery surrounding the project, the Bitcoin gold developer launches the replay protection and began to release every day, hoping to push the project backwards.

Want to understand why it is important that bitcoin gold launches replay protection? Read our article about replay attacks

Bitcoin gold launches daily blog

Developers are trying to make the project clearer and more accessible. Many have already accused them of failing to give enough details. The developers team therefore decided to communicate information about the new platform every day. First, bitcoin gold launches replay protection, long-awaited by users. This implementation is the first update made by developers to the new cryptomoned bitcoin gold.

"In order to ensure the safety of the bitcoin ecosystem, bitcoin gold launches total replay protection, an essential functionality that protects users from spending money unwittingly."

One of the fears of the hard bifurcation period is that transactions could be accepted on both chains, creating confusion and, in some cases, fraud on the face.

In response to these problems, bitcoin gold "has just implemented a solution called SIGHASH_FORK_IDreplay protection. It's an effective two-band protection mechanism that allows the new algorithm to calculate the transaction's hash in such a way that all new bitchino transactions are invalid on the bitcoin gold block and vice versa. "

The communiqué refers to a link to the GitHub repository for those who want more details.

bitcoin gold launches replay protection

"This way, replay attacks become impossible," the team claims. "Replay protection is a safety measure that ensures that transactions on a chain are invalid on another chain. In this way, replay attacks are prevented, "they reiterate.

Next steps

The team says launching on the main network will take place after launching other services, including a wallet guide, forum, blockchain explorer and official mining guide.

They say the following steps would be: "Launching the test network (Slack notification); adjusting network parameters; preparation for the launch of the main network; bifurcation electrum; third wallets and integration into cryptos; decentralized mining ". They did not say exactly when they would accomplish this plan.

"Bitcoin gold is a community-led project that creates a hard bithole bifurcation to the new proof-of-wrok algorithm that will make the bitcontin mining again decentralized. "The developers say. "Bitcoin gold will give people around the world the opportunity to participate in the mining process."

All these things will be seen or not in time