Author

Topic: Bitcoin Gold Blockchain (Read 362 times)

copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
November 08, 2017, 08:53:49 PM
#14
They STILL haven't released their software. There are currently NO visible transactions. That being said, they may just be stalling to premine it. Unlikely but possible.

They should really have got something sorted now but still not... With bitcoin cash, people coded it and bitmain and viabtc (among others) pointed miners at bitcoin cash nodes immediately. With viabtc venturing to mine the first block.


EXACTLY

They are definitely stalling for some reason, or they are severely lacking funds to put together a coding team that can get the job done. It's highly suspicious.








If that's the case then they should hand the project over to a team who can actually code something a bit faster.
The difficulty, I assume, is that they have to switch algorithms as they want to be "asic proof" which is literally impossible but they'll have ti change the algorithm to something that can only be mined on CPUs/GPUs and it'd have to be a complex algorithm so that companies cannot easily produce asics that are faster and more efficient than them at least for a while.




Then why would they fork so soon, when they didn't have a solution to what they wanted to accomplish??

They didn't activate the fork.
There was a protocol change in the actual bitcoin blockchain. This protocol change caused the split.
This was up to nodes and the core devs activating the new protocol to cause the split. Bitcoin gold did nothing to contribute to the algorithm change.
sr. member
Activity: 518
Merit: 250
November 07, 2017, 08:31:58 PM
#13
When mining starts. Does anyone know anything about this coin.
There are some information but are they legit?
I thinks, When we have Mining , we had a blockchain in it, so may be next week!
member
Activity: 73
Merit: 10
November 07, 2017, 07:33:12 PM
#12
When mining starts. Does anyone know anything about this coin.
There are some information but are they legit?
newbie
Activity: 27
Merit: 0
November 07, 2017, 07:30:39 PM
#11
I started mining BitcoinZ, don't know much about it, but is supposed to be similar to Bitcoin Gold. The devs spent some time on end-user experience/design, the Windows Wallet looks nice/clean. No idea what will become of it, maybe nothing, but thought mine a bunch before it difficulty spikes (although it already is). And best of all... it's working now.
member
Activity: 80
Merit: 10
November 07, 2017, 07:17:54 PM
#10
Fork has happened already...
full member
Activity: 299
Merit: 100
November 07, 2017, 05:26:17 PM
#9
They STILL haven't released their software. There are currently NO visible transactions. That being said, they may just be stalling to premine it. Unlikely but possible.

They should really have got something sorted now but still not... With bitcoin cash, people coded it and bitmain and viabtc (among others) pointed miners at bitcoin cash nodes immediately. With viabtc venturing to mine the first block.


EXACTLY

They are definitely stalling for some reason, or they are severely lacking funds to put together a coding team that can get the job done. It's highly suspicious.








If that's the case then they should hand the project over to a team who can actually code something a bit faster.
The difficulty, I assume, is that they have to switch algorithms as they want to be "asic proof" which is literally impossible but they'll have ti change the algorithm to something that can only be mined on CPUs/GPUs and it'd have to be a complex algorithm so that companies cannot easily produce asics that are faster and more efficient than them at least for a while.




Then why would they fork so soon, when they didn't have a solution to what they wanted to accomplish??
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
November 07, 2017, 12:37:53 PM
#8

I'm not doubting what you're saying, but how is it possible to premine 200K coins before the fork? That means the fork happened previously.


Yeah they could not premine 200K coins before the fork.

But they can premine the coins after the fork and before the real network launch date.
But that's not the 1st November.
From October 23rd?
200000/(12.5x144)=111.11111 Days

So that's sometime in February/march next year?
member
Activity: 63
Merit: 10
November 07, 2017, 12:29:46 PM
#7

I'm not doubting what you're saying, but how is it possible to premine 200K coins before the fork? That means the fork happened previously.


Yeah they could not premine 200K coins before the fork.

But they can premine the coins after the fork and before the real network launch date.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
November 07, 2017, 12:21:21 PM
#6
~
Bitcoin Gold is a big scam and nothing else. They premined 200K coins to ICO it before the fork and yet no updates or software development is ongoing! People want to make money using Bitcoin reputation and name!
There are lot of posts on this topic, do some research!

I'm not doubting what you're saying, but how is it possible to premine 200K coins before the fork? That means the fork happened previously.
Also back onto what I was saying before, an algorithm change would require a hard fork so this isn't a fork of bitcoin it's a fork of a bitcoin coin that came from a fork - so three chains from one fork - though the second isn't active and neither is the BCG fork...

So this means that bitcoin gold is/was just another altcoin with no relation to bitcoin (other than the snapshot) - be nice if we could get a bitcoin gold fork though still - not sure who the bitcoin cash programmers were but they did a great job in comparison to this.

ALSO, I could find no official sources, but many unofficial ones claimed it was a scam.
member
Activity: 101
Merit: 10
November 07, 2017, 11:57:32 AM
#5
Does anyone know what is going on with the bitcoin gold blockchain?? Is it functional yet, that is, can the coins be moved?? Why is it taking so long for them to get it right??? Is it just incompetence on the part of the BTG TEAM or is something else going on?? Or is BTG the coin that will never be?Huh


Bitcoin Cash did not have a problem getting their blockchain immediately online. Just want to know what's going on and if I should just give up in trying to get them??

I had my coins in a hardware wallet and they will support it when the following three bullet points are met


Ledger will add immediate ability to make transactions with Bitcoin Gold as soon as:

the Bitcoin Gold code is available
the Bitcoin Gold network publishes a proof of replay protection
we are sure that the transactions network is successful and valid


Why is it taking the BTG team so long to get their act together?



Bitcoin Gold is a big scam and nothing else. They premined 200K coins to ICO it before the fork and yet no updates or software development is ongoing! People want to make money using Bitcoin reputation and name!
There are lot of posts on this topic, do some research!
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
November 07, 2017, 10:28:46 AM
#4
They STILL haven't released their software. There are currently NO visible transactions. That being said, they may just be stalling to premine it. Unlikely but possible.

They should really have got something sorted now but still not... With bitcoin cash, people coded it and bitmain and viabtc (among others) pointed miners at bitcoin cash nodes immediately. With viabtc venturing to mine the first block.


EXACTLY

They are definitely stalling for some reason, or they are severely lacking funds to put together a coding team that can get the job done. It's highly suspicious.








If that's the case then they should hand the project over to a team who can actually code something a bit faster.
The difficulty, I assume, is that they have to switch algorithms as they want to be "asic proof" which is literally impossible but they'll have ti change the algorithm to something that can only be mined on CPUs/GPUs and it'd have to be a complex algorithm so that companies cannot easily produce asics that are faster and more efficient than them at least for a while.
full member
Activity: 299
Merit: 100
November 07, 2017, 10:11:45 AM
#3
They STILL haven't released their software. There are currently NO visible transactions. That being said, they may just be stalling to premine it. Unlikely but possible.

They should really have got something sorted now but still not... With bitcoin cash, people coded it and bitmain and viabtc (among others) pointed miners at bitcoin cash nodes immediately. With viabtc venturing to mine the first block.


EXACTLY

They are definitely stalling for some reason, or they are severely lacking funds to put together a coding team that can get the job done. It's highly suspicious.











copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
November 07, 2017, 10:03:36 AM
#2
They STILL haven't released their software. There are currently NO visible transactions. That being said, they may just be stalling to premine it. Unlikely but possible.

They should really have got something sorted now but still not... With bitcoin cash, people coded it and bitmain and viabtc (among others) pointed miners at bitcoin cash nodes immediately. With viabtc venturing to mine the first block.
full member
Activity: 299
Merit: 100
November 07, 2017, 09:26:10 AM
#1
Does anyone know what is going on with the bitcoin gold blockchain?? Is it functional yet, that is, can the coins be moved?? Why is it taking so long for them to get it right??? Is it just incompetence on the part of the BTG TEAM or is something else going on?? Or is BTG the coin that will never be?Huh


Bitcoin Cash did not have a problem getting their blockchain immediately online. Just want to know what's going on and if I should just give up in trying to get them??

I had my coins in a hardware wallet and they will support it when the following three bullet points are met


Ledger will add immediate ability to make transactions with Bitcoin Gold as soon as:

the Bitcoin Gold code is available
the Bitcoin Gold network publishes a proof of replay protection
we are sure that the transactions network is successful and valid


Why is it taking the BTG team so long to get their act together?


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