Crypto Cheat Sheets: Bitcoin Gold (BTG)

in #bitcoin7 years ago

Check out the latest addition to Spotlight Growth, Crypto Cheat Sheets. Our goal is to create a quick cheat sheet for all cryptocurrencies, which can help traders and hodlers gain valuable information all on the same page. Check out the full post at: http://spotlightgrowth.com/index.php/2018/01/03/crypto-cheat-sheets-bitcoin-gold-btg/

Overview: Bitcoin Gold (BTG) is a cryptocurrency coin that became into being after a hard fork off the Bitcoin (BTC) blockchain in October 2017. Bitcoin Gold’s main difference from BTC or BCH comes to its mining capabilities. Instead of utilizing SHA356 algorithm, Bitcoin Gold uses Equihash which allows for equality amongst miners. In other words, specialty equipment that gives large miners an edge in Bitcoin and Bitcoin Cash mining are not available for BTG. The cryptocurrency also has replay protection in order to protect users and comes with unique wallet addresses.

Max Supply: 21 Million BTG

Mineable: Yes

Website(s):

https://bitcoingold.org

Whitepaper:

https://btcgpu.org/wp-content/uploads/2017/10/BitcoinGold-Roadmap.pdf

Video:

Disclosure: Spotlight Growth’s Crypto Cheat Sheets are not meant to be an endorsement or recommendation to invest or trade in the respective cryptocurrency mentioned above. They are meant strictly for information and entertainment purposes only. Please consider the risks and extremely speculative nature of cryptocurrencies before investing, which may not be suitable for all individuals. Spotlight Growth has no personal or business connections to any of the cryptocurrencies or their respective companies. However, the owner may have positions within one or more of the crypto coins mentioned for purposes of speculation or investment. For those that are active within crypto space, Spotlight Growth would like to remind you to exercise financial responsibility. PSA: These are very interesting and exciting times, but it is not recommended to take out additional mortgage, loan, liquidate 401K, utilize credit cards, etc. in order to participate within these markets. Please view SEC website for more details to consider: https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11

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