Bitcoin Gold (BTG) is a fork of Bitcoin that occurred on 24 October 2017 on block 419406. Bitcoin Gold changed Bitcoin’s proof-of-work algorithm from SHA256 to Equihash rendering specialized mining equipment obsolete in an attempt to democratize the Bitcoin mining process.
Bitcoin Gold price today is $8.74 USD with a 24-hour trading volume of $8,828,654 USD. Bitcoin Gold is down 1.90% in the last 24 hours.
BTG aims to extend the crypto space with a block-chain that is closely compatible with Bitcoin with SegWit and Lightning Network. but without using resources like Bitcoin hash power or vying for the 'real Bitcoin' title. The team aims to create a welcoming space for new devs and new technologies building on a bitcoin base. As a Friendly Fork, the team aims to offer a coin as easy and familiar to implement as Bitcoin, along with space for new ideas with a view towards creating a thriving economy and ecosystem.