Bitcoin Gold(BTG) Update
2017-12-25 12:06:00 818 0
Dear users,
Bitcoin Gold(BTG) has a hard fork at the BTC block height of 491407,and the block is at 09:20:39 on October 24.
we have decided to conduct an asset snapshot at 12:20 on October 24, 2017(UTC/GMT+08:00).(Completed)
There is still a lot of instability in BTG.
e.g:
1.BTGhave not adding SIGHASH_FORKED (replay protection measure) 4 did when it hard forked.
2.BTG is pre-mined. This refers to the blockchain mining that takes place in a non-public environment, which may result in unequal distribution of new coins and profits margins that lean heavily towards the original supporters and developers of BTG.
3.BTG will apply the Equihash Proof of Work (PoW) algorithm. This algorithm is different from the SHA256 algorithm that Bitcoin is using because it is a memory-oriented PoW, which is limits hash power by how much RAM you have. As a result, it is resistant to mining using ASICs.
The duty of bit-z is to provide a more secure and efficient service.We will support all the bitcoins development,and the option is the market and community users. However, in order to protect the user's rights and interests, it is not promised to release BTG immediately before the above issues are resolved.
Bit-Z
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