2438 cryptocurrencies
Total Market Cap $272.485.691.822
Total Volume 24h $773.341.289

Bitcoin Gold Bitcoin Gold

8,69 USD/BTG
0.00093107 BTC
0,27 (3,20%)

Bitcoin Gold Price today

Bitcoin Gold, also known as BTG, has a price today of 8,69$ and a market capitalization of 149.550.240$, which is 0,05% of the total. Bitcoin Gold has a total of 17.202.362 coins in circulation.

In the last 24 hours, the price of Bitcoin Gold has increased 0,27$, which is 3,20% of its valuation.

What is Bitcoin Gold?

Bitcoin Gold is an open source, free cryptocurrency project which is a fork of the original Bitcoin cryptocurrency. After the first announcement on 23rd October 2017, Bitcoin Gold was launched on 12th November 2017.

From the very beginning of the cryptocurrencies, mining has been a key feature of Bitcoin cryptocurrency. The technology and hardware used for mining the coins have become too expensive.

Bitcoin Gold is going to change the algorithm used to solve blocks so that it can break down the monopolization of mining coins.

Bitcoin God has come up with the new hard fork of the old Bitcoin technology. This new hard fork creates a new batch of blockchains. They allow more transactions at a time in parallel than the previous Bitcoin versions.

Bitcoin founders have found Bitcoin blockchain too much centralized. So, they have created Bitcoin Gold. Its main goal is to minimize the centralization of Bitcoin cryptocurrency. Its main purpose is to make a peer to peer decentralized Bitcoin cryptocurrency network.

Bitcoin blockchains have issues with a replay of transactions. Bitcoin Gold provides such protection so that it can avoid the repetition of transactions from one blockchain to the other.

Bitcoin Gold Features

  • Bitcoin Gold provides full replay protection to keep safe the transactions of Bitcoin Gold ecosystem.  
  • It breaks down the mining monopoly and creates a decentralized blockchain technology.
  • Bitcoin Gold is a free open source software project that extends around the world.
  • It provides a worldwide fair distribution of digital assets.

Bitcoin Gold Technology

Bitcoin Gold uses Equihash for mining rather than a SHA-256 algorithm used for Bitcoin. It’s a proof-of-work algorithm. According to this algorithm, to mine a block, miners need to solve a hard cryptographic puzzle. Equihash is an ASIC-resistant algorithm. It makes the Bitcoin Gold technology decentralized, distributed and peer to peer cryptocurrency network.

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Market share 0,05%
Proof type PoW
24h Open $8,42
24h Low $8,39
24h High $8,80
Price in BTC 0.00093107 BTC
Current Supply 17.202.362 BTG
Total Supply 21.000.000 BTG
Market cap $149.550.240
24h Volume (coin) 65.730 BTG
24h Volume (currency) $571.428
Last updated 2019-11-06 14:10:46 +00:00 GMT
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