Bitcoin gold was founded by a group of enthusiasts with diverse backgrounds and skills. In response, they’ve initialized the bitcoin gold project. Bitcoin gold came into existence in october 2017 after a part of the bitcoin community pushed for the hard fork as they felt that the bitcoin network has become centralized due to the rising importance of specialized mining hardware which became essential if one wanted to mine bitcoins.
According To The Founders, The Bitcoin Blockchain Has Become Too Centralized.
Bitcoin is different because it is a force of “nature over humans.”. The crypto was forked on october 24, 2017, and at the time, bitcoin gold claimed they wanted to make bitcoin decentralized again. Bitcoin gold hopes to change the paradigm around mining on the bitcoin blockchain.
He Graduated With A Degree In Computer Science From Fudan University In 2015.
It’s an international team of 20+ people with diverse backgrounds and skills. Bitcoin gold (btg) is the result of bitcoin hard fork in 2017. For the founders of bitcoin gold, having large companies control the bitcoin network defeats.
It’s An Alternate Fork Of The Bitcoin Blockchain That Implements Changes That Make Mining More Equitable.the Goal Of Bitcoin Gold Is To Create A Network Where Anyone Can.
The founders of bitcoin gold. As outlined in their white paper, the bitcoin gold team came together as a community led project to revive. Bitcoin is also known as digital gold.
Large Companies With Huge Banks Of Mining Computers Now Mine The Vast Majority Of Bitcoin.
Bitcoin gold founders also saw the entrance of large companies armed with powerful. Strategic decisions are made by the board, with input from the team and advisors. For the founders of bitcoin gold, having large companies control the bitcoin network defeats.