What is BTG?
Bitcoin Gold is a hard fork of the bitcoin protocol devised by Lightning ASIC which is a Hong Kong based mining firm led by Jack Liao, CEO. To combat the mining centralization problem, the BTG developers are implementing a different mining algorithm altogether that will be resistant to ASIC chips called Equihash. Thus, Bitcoin Gold will be mined using GPU's. Bitcoin Gold is a proposed digital asset. Bitcoin Gold intends to perform a wallet balance snapshot at Bitcoin block 491,407 but the actual Bitcoin Gold network will launch on October 25, 2017.
Where did it originate?
Bitcoin Gold is a fork of the Bitcoin blockchain that will occur on October 25, 2017. At the predetermined block height, Bitcoin Gold miners will begin creating blocks with a new proof-of-work algorithm, and this will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue on unaltered, but a new branch of the blockchain will split off from the original chain. The new branch is a distinct blockchain with the same transaction history as Bitcoin up until the fork, but then diverges from it.
Basic statistics of BTG
• Issue date: October 25, 2017
• Abbreviation: BTG
• Total supply: 21 million
The pros and cons of Bitcoin Gold
How is it used?
Like money, cryptocurrencies including BTG can be used for trading goods and services. Blockchain-based transactions are more secure, transparent and efficient.
If you would like to know more about BTG, please refer to the official website below:
https://btcgpu.org/faq
A step-by-step guide to purchasing and selling crypto on OKX,
Step 1: Log in to your OKX account
Before you can start buying or selling cryptocurrency on OKX, you must first log in to your OKX account. If you do not yet have an account, click Sign up and complete the registration process.
Step 2: Select Buy/Sell
Once you have logged in to your OKX account, click Buy Crypto in the upper left-hand corner of the screen to get started.
Step 3: Select your purchasing method
The next step is to choose how you would like to buy or sell . There are two primary options on OKX: Express and P2P trade.
Finally, simply confirm your transaction details.
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