Summary: Our current mining algorithm, Equihash, is used by many different coins without any personalization. It was originally developed by Zcash and based on the parameter set <200,9>. We are going to upgrade to Equihash with a the parameter set <144,5>, with some customization. We’ll call it “Equihash-BTG,” for now. This will keep our blockchain […]
The team is hard at work preparing for a Network Upgrade to be accomplished via Hard Fork (this will not create a new coin.) We’re doing this for two reasons: we need to address the threat of ASIC miners coming into the Equihash mining space, and we need to take steps to improve the security of our
We have recently sent a detailed memo to the Exchanges who carry Bitcoin Gold, but we also wanted to be transparent and share information with the public. (If you’re with an Exchange that has not received the memo, please get in touch via the usual channels or support@bitcoingold.org.) We want you to know what’s going on,
This week, we learned that the dominant specialty crypto mining hardware maker (Bitmain) has released an “ASIC” miner for Equihash, which means it would be able to mine BTG if we were to allow that to happen. We will not allow that to happen. ASIC-resistance is central to our mission. Bitcoin Gold, BTG, was conceived
We are releasing our Beta version of ElectrumG, our fork of the Electrum Bitcoin Wallet project for Bitcoin Gold. Electrum was first announced for Bitcoin in 2011. Since then, it has grown to be one of the most popular Bitcoin wallets, both for users and developers, and we’re thrilled to bring this well-known piece of software to the
While this news is primarily of interest to developers, it’s good for the broader community to be aware of progress being made “behind the scenes.” It’s important for all BTG users and BTG investors to know that we’re constantly improving our infrastructure and environment so that development progress is well-supported, for outside developers as well
The Bitcoin Gold Organization is thrilled to announce the launch of BTGPay, an exciting new program which will accelerate the adoption of Bitcoin Gold (BTG) as a payment cryptocurrency and drive the growth of the payment ecosystem around BTG. The BTGPay program will initially consist of two major initiatives. First, the BTGPay Partner program will
e’re ready to officially announce our new Blockchain Explorer, which some of you may have already noticed on a not-so-secret web address: e’re ready to officially announce our new Blockchain Explorer, which some of you may have already noticed on a not-so-secret web address: More than “just another explorer,” this is a fully functional Bitcoin
We’ve often featured products or services for individuals, but today we’d like to flip it and talk about BitGo, a blockchain security company offering institutional services. BitGo specializes in multi-signature wallets for Enterprise customers, like institutional investors, hedge funds, cryptocurrency exchanges, even traditional exchanges. These kinds of users have special needs. They need “hot wallets” for
It’s time to give a status update on the Suspicious File / Vulnerable Wallet incident, which we first announced as a critical warning in November of 2017, with a later update on December 17th. We’ll provide a brief summary in a moment, but here’s the current status: Of about 77.5 BTG that were Evacuated for safety, more than 75%
