Bitcoin, which was around 600 dollars in the summer of 2016; When it increased its popularity all over the world, it reached the level of $ 1,000 at the beginning of 2017.. While the year 2017 is considered to be the year that Bitcoin has become a more valuable currency than “gold” in the world, the agenda of the summer months is; It was a hard fork. Together with a group that argues that Bitcoin’s transfer transactions are no longer as fast as before, and with the support of many miners and active groups who expressed the need for new developments, we have a new Bitcoin like a light ball.. Bitcoin Cash, born on August 1, is now among us.
Bitcoin Cash, which describes itself as a rebellious child, is not a precious metal in trade, unlike Bitcoin, but is directly involved in commercial transactions. While the discussions continue due to the fact that it sees it as a currency used in
Managed by Jack Liao, CEO of Hong Kong mining company Lightning ASIC, “Bitcoin Gold” is expected to be launched on October 25, while it is expected to go on the market on November 1.
The fact that Bitcoin Gold is supported by a small group of miners and developers shows that it may (or) not be like Bitcoin Cash.
Bitcoin Cash GPU Miners that will use the Equihash algorithm may be their next stop. There may already be an exciting mining story, especially for Nvidia graphics cards.. Still, not many people have a clear net about the project.
Bitcoin Gold‘s lead developer “h4x” says the project is “still developing” and that the hard fork He said details such as the exact block height are still open for discussion.
Bitcoin Gold, which was initially thought of as an ICO but was suspended, is in theaters on October 25 =)
The period of abundance we experienced from Bitcoin’s first fork may be waiting for us again. Rumor has it that if Bitcoin successfully forks and enables Bitcoin Gold, you can have as much Bitcoin Gold as you have Bitcoin.
Example; If you have 1 BTC, you can own 1 Bitcoin Gold.
H4x argued that he is testing how well the fork works and whether they can benefit the ecosystem.
He said:
“Organisms benefit from the creation of offspring (Copies, (products, ideas) exalt the original). We are doing an experiment with Bitcoin Gold to see if this principle is valid in the blockchain world.” The article is not an investment advice.. It is just a summary of the fact that we can earn a serious income if we are going to live the same process as in the past.
Let’s see if the value of Bitcoin can exceed $5,000 as a result of these developments?
Blockchain Research Lab Established in Europe’s Largest Port