In the bitcoin network, may appear a new Bitcoin Gold cryptocurrency. It should happen due to one more hard fork. Separation from the original bitcoin chain is scheduled for October 25, and a new cryptocurrency will appear on the exchanges by November 1. The head of this project is Jack Liao, the head of the Hong Kong mining firm LightningASIC. The project developers want to create an improved protocol that can compete with Bitcoin Cash. In addition, they promise to decentralize mining, allowing Bitcoin Gold to be produced on video processors. “Bitcoin Gold will change the Proof-of-Work algorithm from SHA256 to Equihash, which will be ASIC-stable and optimized for GPU-mining,” quotes the developer Bitcoin Gold under the pseudonym The Sorrow InsiderPro. Note, that not everyone shares enthus
Leave a Reply