What is Bitcoin Gold? – BTG Beginners Guide

Our BlockCardBitcoin Gold was created from an experimental hard fork of Bitcoin in October 2017, with a goal of making mining more accessible. A hard fork, as opposed to a soft fork, makes changes to the protocol so that it is not backward compatible. With the growth of Bitcoin, the energy needs of the mining operations had grown from being able to run computations from a laptop to requiring a large operation with high energy demand. In July of 2017 the founder of Bitcoin Gold, Jack Liao, announced that the project would undertake a change to the proof-of-work algorithm, Equihash. The project’s initial purpose was to make it possible for individuals and businesses to once again participate in mining without the need for specialized equipment with large energy requirements.

Learn video series is designed to provide a quick and easy-to-understand overview of some of the most popular concepts, terms, and technologies available in today’s ecosystem. Thanks for watching, and please share these videos if you find them helpful.

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What is Bitcoin Gold? – BTG Beginners Guide

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Kane Dane