The creation of Bitcoin Gold dates back to October 2017, when a group of developers from the Bitcoin community decided to create a fork of the Bitcoin blockchain. The idea behind this fork was to allow Bitcoin mining to be more accessible and decentralized, removing the monopoly of large miners.
The fork was made by implementing a new mining algorithm called Equihash, which was designed to be resistant to ASIC (Application Specific Integrated Circuit) mining. This means that Bitcoin Gold mining cannot be done with specialized equipment like ASICs, allowing more people to participate in mining with common hardware.
Generally speaking, the Bitcoin Gold fork was carried out with the goal of creating a more accessible and democratic Cryptocurrency, allowing more people to participate in mining and receive rewards.
At Ccoins you can choose any Cryptocurrency from an extensive catalog, either through the P2P market or through Ccoins Flip. Being a user of Ccoins you can buy Bitcoin Gold (BTG) at any time from Flip at the best price and almost instantly. Register and verify your account and you will be able to acquire your first Bitcoin Gold quickly and safely.
Decentralization: Bitcoin Gold seeks to democratize Bitcoin mining, removing the centralization that has been caused by the dominance of large miners and mining pools. This is achieved by using an ASIC resistant mining algorithm, allowing more people to participate in mining and receive rewards.
Accessibility: Bitcoin Gold mining can be done with common hardware, making it more accessible to a wide range of people. Furthermore, this Cryptocurrency is compatible with a wide variety of wallets and exchange platforms, making it easier to use and trade.
Security: Bitcoin Gold uses a robust security system based on the Equihash mining algorithm. In addition, steps have been taken to improve the security of the blockchain, such as the implementation of replay protection, which prevents transactions from being made on the Bitcoin blockchain without authorization.
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No, at Ccoins we have designed a very intuitive system so that all people, whether they are experts or apprentices, can acquire Cryptocurrencies such as Algorand through Ccoins Flip quickly and easily.
Yes, at Ccoins you can make your Bitcoin Gold shipments to whoever you want and to the country you want quickly and at a low cost.
It is really important that you have within your investment portfolio or within your wallet a currency that can value or that has great liquidity such as Bitcoin Gold.