What is Bitcoin Gold?

"Bitcoin Gold is a fork of the Bitcoin blockchain. At block 491407, Bitcoin Gold miners will begin creating blocks with a new proof-of-work algorithm, and this will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue on unaltered, but a new branch of the blockchain will split off from the original chain. The new branch is a distinct blockchain with the same transaction history as Bitcoin up until the fork, but then diverges from it. As a result of this process, a new cryptocurrency born."

- BitcoinGold.org
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General

TICKER SYMBOLS
BTG
AGE
2 years old (October 24, 2017)
CURRENT PRICE
$22.94
Updated 2 minutes ago via cryptocompare.com
CHEDDUR ALL TIME HIGH
$440
Last year
CIRCULATING SUPPLY
17,513,924 coins
Updated 18 seconds ago via coinmarketcap.com
MARKET CAP
$401,905,033
Updated 4 minutes ago
FOUNDER
Jack Liao

Technical

BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Maximum Supply (21,000,000 coins)
PRE-MINED / RESERVED
Yes
CONSENSUS MECHANISM
Proof of Work (PoW)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
10m
CURRENT BLOCK REWARD
12.5 coins
HASHING ALGORITHM
Equihash
DIFFICULTY ADJUSTMENT
Every block (~10 minutes)

Categories

Payments

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