What is Bitcoin Gold?
Bitcoin Gold (BTG) is a cryptocurrency that builds on Bitcoin's foundational principles, opting for standard GPUs for mining instead of specialized ASIC hardware. This transition towards GPU mining promotes a more decentralized mining ecosystem, empowering individuals around the world instead of consolidating control within a few large ASIC operators. By encouraging broader participation, BTG seeks to recapture the original network dynamics that Bitcoin enjoyed during its formative period. Additionally, Bitcoin Gold incorporates the Lightning Network, enabling swift transactions capable of processing virtually limitless payments per second. This integration exemplifies a robust "second layer" solution that operates above the primary blockchain, resulting in enhanced efficiency. The emergence of second layers and side chains allows for innovative technologies, such as smart contracts, to function at impressive speeds while leveraging the security provided by the BTG mainchain. Moreover, BTG maintains compatibility with essential Bitcoin features like SegWit and the Lightning Network, while sidestepping the resource demands linked to Bitcoin mining and the race for acknowledgment as the "true Bitcoin." In this way, BTG not only enriches the cryptocurrency landscape but also fosters a more inclusive and accessible mining environment, which is vital for the future of digital currencies. Ultimately, the unique attributes of BTG position it as a significant player within the broader crypto ecosystem.
Integrations
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Company Facts
Company Name:
Bitcoin Gold
Company Website:
bitcoingold.org
Product Details
Deployment
SaaS
Support
Web-Based Support
Product Details
Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English