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Author Topic: Bitcoin Gold and Bitcoin  (Read 18850 times)

Offline Claus

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Bitcoin Gold and Bitcoin
« on: March 21, 2018, 08:19:17 AM »
What is the difference between Bitcoin Gold and Bitcoin?

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Bitcoin Gold and Bitcoin
« on: March 21, 2018, 08:19:17 AM »

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Offline cryptothief

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Re: Bitcoin Gold and Bitcoin
« Reply #1 on: April 14, 2018, 04:47:47 AM »
Bitcoin Gold (BTG) forked from Bitcoin (BTC) around 6 months ago. BTG uses GPU mining hardware instead of Asic like BTC, I believe they are trying to make it more accessible to the 'average' miner. And the difficulty adjusts every block with BTG, instead of every two weeks with BTC.
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Re: Bitcoin Gold and Bitcoin
« Reply #2 on: July 27, 2018, 03:59:58 AM »
The bitcoin gold and bitcoin are desame it is digital currency and not a fiat money but the difference of bitcoin gold between bitcoin is a value and volume because we know that bitcoin is the first currency in digital world and bitcoin is one and only big value and volume than others and that's also difference of two more profits and benefits in bitcoin than bitcoin gold.
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Offline CrypMania

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Re: Bitcoin Gold and Bitcoin
« Reply #3 on: July 28, 2018, 09:59:01 PM »
The developers of BTG took the main Bitcoin (BTC) code, known as “Bitcoin Core,” and modified it. They also chose to fork the Bitcoin blockchain, copying its transaction history and using it as the basis for their own blockchain. Bitcoin Gold tackles a problem some see with Bitcoin: the increasing centralization of Bitcoin mining that requires specialized hardware and makes it impossible for the average person to mine. In a nutshell bitcoin gold was borne out of bitcoin

Offline gotbounty

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Re: Bitcoin Gold and Bitcoin
« Reply #4 on: September 20, 2018, 05:03:17 AM »
Bitcoin is the crypto currency that was first born before Altcoin was launched. While bitcoin gold is a fraction of bitcoin, just like bitcoin diamond or bitcoin cash. This BTG can be mined easily using the GPU.
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Offline cashbit

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Re: Bitcoin Gold and Bitcoin
« Reply #5 on: September 24, 2018, 09:13:16 AM »
Both coins are clearly different. As far as I know Bitcoin Gold is a fraction of Bitcoin. But BTG is easier to mine than Bitcoin. This is because BTG uses the algorithm equihash, unlike Bitcoin that uses Sha25.

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Re: Bitcoin Gold and Bitcoin
« Reply #6 on: October 14, 2018, 02:32:19 PM »
Bitcoin gold and the original bitcoin are also the same. Bitcoin gold aims to keep most properties of the original Bitcoin protocol. The main difference is restricted to the use of specialized chips for mining, and the way the transactions are added to a blockchain.

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Re: Bitcoin Gold and Bitcoin
« Reply #6 on: October 14, 2018, 02:32:19 PM »


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Re: Bitcoin Gold and Bitcoin
« Reply #7 on: October 19, 2018, 09:27:08 PM »
Bitcoin Gold is a distributed digital currency. It is a hard fork of Bitcoin, the open source cryptocurrency. The stated purpose of the hard fork is to restore the mining functionality with common Graphics Processing Units (GPU), in place of mining with specialized ASIC (customized chipsets), used to mine Bitcoin.
ASIC resistant GPU powered mining provides a solution, as this kind of hardware is ubiquitous, and anyone can start mining with a standard, off-the-shelf laptop computer.Bitcoin Gold was hit by double-spending attack on May 18, 2018.Bitcoin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and the possibility that bitcoin is an economic bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.
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Re: Bitcoin Gold and Bitcoin
« Reply #8 on: October 31, 2018, 09:25:27 AM »
Yes, you right,and in addition, Despite their names, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond, Bitcoin Private, and others are not the same thing as Bitcoin. They are hard fork and soft fork of Bitcoin.

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Re: Bitcoin Gold and Bitcoin
« Reply #9 on: November 05, 2018, 05:56:34 PM »
In essence, Bitcoin Gold is very similar to bitcoin. They both have the same transaction-processing time of 10 minutes (ie, it takes approximately 10 minutes to confirm a transaction after cryptocoins have been transferred) and they both have 21 million coins maximum supply (ie, there will never be more than 21 million BTG in circulation).
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Re: Bitcoin Gold and Bitcoin
« Reply #10 on: November 07, 2018, 09:07:14 AM »
Bitcoin gold is the secondary of bitcoin. Actually it is a fork of bitcoin more focus in the aspect of mining. Bitcoin is the first ever coin who started decentralized concept that now is a major issue to government and in the countries economic growth.

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Re: Bitcoin Gold and Bitcoin
« Reply #11 on: November 09, 2018, 09:38:40 PM »
bitcoin gold is a child from bitcoin who adopts the name of bitcoin too, and bitcoin in my opinion has a different popularity from bitcoin
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Re: Bitcoin Gold and Bitcoin
« Reply #12 on: January 02, 2019, 04:14:59 AM »
Bitcoin Gold is the hardfork result of Bitcoin.
At that time it was almost the same as the hardfork BitcoinCash.

The function and purpose of Bitcoin Gold is that mining is lightweight and the fees are cheap but for the sake of Bitcoin Gold it cannot compete with Bitcoin.
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Offline cryptomate3473

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Re: Bitcoin Gold and Bitcoin
« Reply #13 on: January 07, 2019, 04:49:56 PM »

Bitcoin Gold is a distributed digital currency. It is a hard fork of Bitcoin, the open source cryptocurrency. The stated purpose of the hard fork is to restore the mining functionality with common Graphics Processing Units (GPU), in place of mining with specialized ASIC (customized chipsets), used to mine Bitcoin.

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Re: Bitcoin Gold and Bitcoin
« Reply #14 on: January 16, 2019, 06:04:42 PM »
Bitcoin gold is a hard fork of bitcoin that is introduced in coinmarketcap in November 2017. Which is now very popular and profitable.
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