Bitcoin Gold Is About to Trial an ASIC-Resistant Bitcoin Fork
It’s forking season.
After Bitcoin Cash (Bcash) forked from the Bitcoin blockchain to create a new cryptocurrency (BCH), and ahead of the SegWit2X fork that may do the same thing, a third Bitcoin fork is in the making: Bitcoin Gold (Bgold; BTG). But where Bcash and SegWit2X are scaling-related forks — both mainly increase Bitcoin's block size limit — Bgold wants to re-decentralize mining by implementing a new proof-of-work algorithm.
“What was born as decentralized is now centralized,” Bitcoin Gold contributor J. Alejandro Regojo told Bitcoin Magazine, referring to the current state of Bitcoin mining. “With this fork, we want to show how Bitcoin can be as ‘Satoshi’ as possible, as social as possible, and as decentralized as possible.”
source : https://bitcoinmagazine.com/articles/bitcoin-gold-about-trial-asic-resistant-bitcoin-fork/
Topic: [2017-10-11]Bitcoin Gold Is About to Trial an ASIC-Resistant Bitcoin Fork (Read 163 times)
October 11, 2017, 04:45:11 PM
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