Bitcoin Gold
Cryptocurrency / From Wikipedia, the free encyclopedia
Bitcoin Gold (BTG) is a cryptocurrency. It is a hard fork of Bitcoin, the open source cryptocurrency. It is an open source, decentralized digital currency without a central bank or intermediary that can be sent from user to user on the peer-to-peer Bitcoin Gold network.
Denominations | |
---|---|
Code | BTG |
Precision | 10−8 |
Subunits | |
1⁄1000 | millibitcoin |
1⁄100000000 | satoshi[1] |
Development | |
Initial release | 0.15.0.1 / 12 November 2017 (6 years ago) (2017-11-12) |
Latest release | 0.17.3 / 3 August 2020 (3 years ago) (2020-08-03) |
Code repository | github |
Development status | Active |
Project fork of | Bitcoin |
Written in | C++, Qt |
Operating system | Windows, OS X, Linux |
Source model | Open source |
License | MIT License |
Ledger | |
Ledger start | 3 January 2009 (15 years ago) (2009-01-03) |
Split from | Bitcoin |
Timestamping scheme | Proof-of-work |
Hash function | Equihash |
Block reward | 3.125 BTG, halved April 24, 2024, at block no. 840 000. Will halve again at block no. 1 050 000 (~spring of 2028).[2] |
Block time | 10 minutes |
Block explorer | BitcoinGold Explorer |
Supply limit | 21,000,000 BTG |
Website | |
Website | bitcoingold.org |
The stated purpose of the hard fork is to change the proof of work algorithm so that ASICs (Application-Specific Integrated Circuits) which are used to mine Bitcoin cannot be used to mine the Bitcoin Gold blockchain in the hopes that enabling mining on commonly available graphics cards will democratize and decentralize the mining and distribution of the cryptocurrency.
The project began as a community-driven effort with six co-founders, half of whom continue to serve on the project's Board (including Lead Developer, Hang Yin.)[3]