Topic: [2017-10-12] Bitcoin Gold Project Gains Negative Attention (Read 165 times)

Bitcoin Gold Project Gains Negative Attention


The Bitcoin Gold Project Responds to Negative CriticismThe topic of the Bitcoin Gold (BTG) fork is once again finding its way throughout the cryptocurrency community. Over the past week, a lot of people have been investigating this proposed hard fork and finding many flaws associated with the project. It’s safe to say people are skeptical as there are few written articles highlighting issues with the BTG plan and many unanswered questions. Further, while visiting the team’s Slack channel, there are quite a few people there at times asking hard questions and pretty much telling the BTG team that the project is “shady.” Alongside this, people are astonished that there is literally no infrastructure or exchange listings showing support for this fork that’s coming soon.

This week one individual did a reverse Whois background search on the BTG website and found the owner of the site owns a lot of cryptocurrency domains. The person also discovered the project’s new consensus algorithm is unfinished and replay attack protection has not yet been added. Work has also been light as there hasn’t been much development with the code for a project that’s just two weeks away. Lastly, the project has a premine implemented into the code which means the developers will have a significant amount of BTG if this project actually forks.

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