If you held Bitcoins before the time of the fork on October 24 th , 2017 you're entitled to the same number of BTG tokens – this means that if you had one BTC at that time you'll receive one BTG after the blockchain is live. To your free tokens simply import your Bitcoin private keys into a BTG wallet.
Bitcoin Gold is much faster and cheaper to mine than Bitcoin. It also has a different mining algorithm, which makes it harder for large-scale miners to monopolize the production of new coins. Finally, BTG plans to offer an improved user experience, with better security and privacy features.
At this point it's hard to say – while there are certainly some advantages to Bitcoin Gold, it's still very new on the market and has yet to prove itself. If you're thinking of investing in BTG, do your research first and be sure to take into account the risks involved. For more information on Bitcoin Gold visit their official website.
Bitcoin Gold is a new cryptocurrency that emerged as a result of Bitcoin's hard fork. It retains Bitcoin's transaction history, meaning everyone who owned Bitcoins before the split will now have the same number of BTG tokens. This cryptocurrency aims to put mining power back in the hands of individual miners, and away from large corporations such as Antpool and BTC.com.
If you held Bitcoins before the time of the fork on October 24 th , 2017 you're entitled to the same number of BTG tokens – this means that if you had one BTC at that time you'll receive one BTG after the blockchain is live. To your free tokens simply import your Bitcoin private keys into a BTG wallet.
Bitcoin Gold is much faster and cheaper to mine than Bitcoin. It also has a different mining algorithm, which makes it harder for large-scale miners to monopolize the production of new coins. Finally, BTG plans to offer an improved user experience, with better security and privacy features.
At this point it's hard to say – while there are certainly some advantages to Bitcoin Gold, it's still very new on the market and has yet to prove itself. If you're thinking of investing in BTG, do your research first and be sure to take into account the risks involved. For more information on Bitcoin Gold visit their official website.
