Bitcoin Gold (BTG) Preis

As the name implies, Bitcoin Gold is a token built on Bitcoin fundamentals. It was created in 2017 as a friendly version of bitcoin. It is not a strange occurrence on the blockchain. Some currencies would develop sub-tokens that cater to different needs and sometimes appeal to other markets.

The price to purchase a Bitcoin gold coin starts at $16.61, and the coon has a market cap value of $291,646,375.04. On most Cypriot analysis platforms, Bitcoin gold coins make their top 200 cryptocurrency ranking. The token also has a trading volume above $3.6 million.

Bitcoin Gold Features and Updates 

Although bitcoin gold was developed using the original blueprint, several factors make bitcoin gold unique. Since Bitcoin gold was created to be the better currency, it has been used to experiment and find solutions to some flaws of Bitcoin.

Proof-of-work algorithm

Like the original bitcoin, bitcoin gold uses a proof-of-work algorithm but uses an improved version that overturns bitcoins issues with scalability. This new algorithm will start a new age for PoS on the blockchain.

Open-source protocol

From the choice of mining tools, it is evident that Bitcoin gold is about giving people a more user-friendly platform other than bitcoin. The open-source protocol feature allows their developers to be a part of decision-making and governance in the blockchain.

Availability

Bitcoin gold is one of the original Bitcoin's first sub-projects, which boosted it to become well-known by international locals. However, the token does not claim to be better than bitcoin or is a replacement for Bitcoins. BTG coins have gained recognition among other servers and online browsers. Hence, they are available for wide exchange rates on several cryptocurrency platforms and wallets.

Bitcoin Gold Team

The creation of Bitcoin gold is a result of teamwork from a group of crypto enthusiasts led by Hang Jin, one of the co-founders. Hang Jin started working at Google before graduating from college in 2015 and working at bitcoin gold in 2017. Another co-founder, Martin Kuvandzhiev, studied computer engineering at a technical university. His career started as a waiter at Mcdonalds' before he started teaching as an assistant professor in 2015. In 2016, his first job as a developer was as a team lead for IOS.