Bitcoin vs Bitcoin Gold
What problem does this service solve?
|Bitcoin is the first digital currency and the first use case of Blokchain technology. The bitcoin blockchain was the first decentralized, immutable, and transparent ledger.||Bitcoin Gold reduces the competitive advantage of professional miners and adds greater decentralization to the Bitcoin protocol.|
Bitcoin is the first digital currency based on blockchain. It solved the double-spending problem and enabled peer-to-peer transactions on a large scale. Bitcoin was designed to work as a trustless digital currency that would function without government oversight or a central bank.
Bitcoin Gold (BTG) is a cryptocurrency that began in 2017 as a hard fork of the Bitcoin blockchain. BTG was created to reduce the monopolizing power of dedicated ASIC mining operations within the original Bitcoin network. Bitcoin Gold mining can be done by anyone with a standard computer and provides greater decentralization to the system. The hard fork that created BTG was meant to combat the disproportionate influence and competitive advantage of professional miners.