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Hold your tokens: Bitcoin Gold hard fork took place ahead of time

Published in the Random EN group
It seems that this day has come. Money is moving to an even higher level of abstraction and the Bitfinex cryptocurrency exchange has distributed Bitcoin Gold tokens obtained as a result of the hard fork among users. If anyone doesn’t know, a hard fork is a change in program code that changes the structure of a block or allows the use of previously invalid blocks, essentially a change in the Bitcoin protocol.
Hold your tokens: Bitcoin Gold hard fork took place ahead of time - 1
Starting at block 491,407 on the Bitcoin blockchain, another alternative version of the protocol was launched, resulting in the release of bitcoin gold (BTG). It was assumed that the Bitcoin hard fork would take place on October 25, but since the Bitcoin network reached the designated block faster, BTG was launched a little earlier. Well, the launch of the mining itself will take place on November 1. All Bitcoin owners will receive new tokens in the ratio of 1 BTC: 1 BTG, and this most likely means increased activity in the market. The Bitcoin Gold project is being developed under the leadership of Jack Liao, head of the Hong Kong company LightningASIC , which sells mining equipment. You can follow the guys’ processes on Github .
Hold your tokens: Bitcoin Gold hard fork took place ahead of time - 2
The idea of ​​the project, according to its authors, is to create an improved protocol that can compete with Bitcoin Cash (Bitcoin.​Cash) and even surpass the original Bitcoin (Bitcoin). The main means of competition in Hong Kong is an attempt to solve the problem of mining centralization by changing the Proof-of-Work (PoW) algorithm. The key is to change the hashing algorithm from SHA-256 to the stable Equihash and, accordingly, to switch to GPU mining. Bitcoin Gold will be mined using video processors. The creators of Bitcoin Gold want to provide the opportunity to mine BTG to everyone, which should eliminate the centralization of huge mining capacities in the hands of large companies. On the other hand, the video card market is divided between two giants - Nvidia and AMD - which can significantly influence the new cryptocurrency by raising prices for their products again.
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