Bitcoin Gold - A new cryptocurrency - PowerPoint PPT Presentation

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Bitcoin Gold - A new cryptocurrency

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Know About Bitcoin Gold and How it Differs from Bitcoin – PowerPoint PPT presentation

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Title: Bitcoin Gold - A new cryptocurrency


1
Know About Bitcoin Gold and How it Differs from
Bitcoin
2
What is Bitcoin Gold?
  • Bitcoin gold (BTG) uses GPU-based mining hardware
    most powerful mining machine.
  • The more powerful your GPU is, the faster you
    will successfully be able to mine coins.
  • Bitcoin Gold is running on the Equihash
    algorithm.

3
Bitcoin Gold (BTG)
  • Equihash algorithm was developed by the
    University of Luxembourg's Interdisciplinary
    Centre for Security, Reliability, and Trust.
  • Bitcoin gold (BTG) is the new branch of the
    Bitcoin Blockchain.
  • It was released on 12 November 2017.

4
How Bitcoin Gold is Differ from Bitcoin
  • Bitcoin and Bitcoin Cash is running on SHA256
    while Bitcoin Gold uses Equihash.
  • Bitcoin and Bitcoin Cash (BTC and BCH), all use
    ASIC mining hardware, while Bitcoin Gold (BTG)
    uses GPU-based mining hardware.

5
BTC, BCH Differ from BTG
  • Total supply for bitcoin, bitcoin cash and
    bitcoin gold is of 21 million tokens .
  • Bitcoin and Bitcoin gold have a block size of 1MB
    (2 to 4MB actual), while Bitcoin Cash has an 8MB
    block size (8MB actual).

6
How To Buy BTC, BCH, And BTG
  • Bitcoin (BTC) and Bitcoin Cash (BCH) can be
    purchased from most major exchanges.
  • The same process is for bitcoin gold (BTG) just
    like other crypto currencies .
  • You can buy all the three crypto currencies at
    Bitfeu.com.
  • Bitcoin Gold is trading at about 84.17.

7
Advantages of BTG
  •  The point of Bitcoin Gold is to solve a crucial
    problem in the world of bitcoin.
  • BTG has a good market cap that is
    1,420,431,102 USD  equal to 148,819 BTC 
  • BTG will keep most properties of the original
    bitcoin protocol but restrict the use of certain
    chips for mining. 

8
Thank You
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