Bitcoin Gold is the result of a hard fork of Bitcoin on October 24th 2017 with the intention to reform the mining process to reduce centralization of large businesses by changing the mining algorithm. The end result reduces the advantage of large holders of capital and specialized technology (specifically ASICs) in favor of smaller miners and common technology (standard GPUs). Bitcoin Gold’s currency took on the ticker of BTG. In 2019 Bitcoin Gold will be working on enabling private transactions. CoinDesk also provides a suite of institutional-grade price indexes. Find out more about them here.
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