Bitcoin Gold, coin separated from the Bitcoin chain on December 24th - the launch date of the new exploit, has experienced a lot of turbulence since its appearance on the network on November 12th.
Network crash and criticism of "netizens
On the first day of offering Bitcoin Gold, pool.gold - one of the mining minecraft on the network - encountered a denial-of-service attack (DoS) causing the mining pool Bitcoin Gold should be stopped for about 90 minutes. Soon after, a blockchain split occurred when both mining pools were pool.gold and Suprnovaf found blocks at the same time.
An attack, chain-breaking event and all the social media rampant seem unlikely to stop Bitcoin Gold's new breed, Bitcoin.
After all, a chain is defined as the storage ledger, but not before the mining has been suspended on the other chain and pool.gold must reset (adjust) causing some bad miner to get nothing from This mining time.
To date, the community has had mixed reactions with Bitcoin Gold and its development team. MinerTopia, a fairly large mining community, has debated Bitcoin Gold, and on Twitter, MinerTopia has tweeted that many have insisted Bitcoin Gold developers are poor, The mess for the mining and mineral owners.
There will be no "pump and dump"
The main criticism came from the miner's guild, typically after the incident and damage of pool.gold. Most miners are wondering what happens to the Bitcoin Gold they have exploited.
Because, pool.gold's miner's estimate was worth about $ 70,000 worth of Bitcoin Gold when deciding on one of two chains when splitting. In response to these criticisms, Martin Kuvandzhiev, the developer of Bitcoin Gold, stated that the development team will use the proceeds from the pre-mining to compensate for the less fortunate miners.
Kuvandzhiev has revealed that 40% of the 100,000 BTGs deployed by the development team on the network are ready, with only four out of six developers signing. Bitcoin Gold will be released.
What about 60% left? These coin have been installed to release gradually over the next 3 years. In particular, Kuvandzhiev asserted that there would be no "pump and dump" of Bitcoin Gold.
Continue to expand and develop
Initially quite difficult, but developer Yavor Todorov still confident about the stability of Bitcoin Gold network. Yorodor Todorov shared that more than 50,000 devices are currently performing Bitcoin Gold mining in the mining pool. At the same time, HitBTC trading platform, coinomi wallet provider has started supporting BTG transaction, storage.
The development team has also supported the company offering Trezor hard wallet released source code that allows users to download Bitcoin Gold storage software on the wallet. So, Kuvandzhiev hopes that besides Trezor, another famous purse supplier, Ledger, will also accept the rookie support.
At the same time, the development team is working hard with the trading platforms and other wallet providers to promote support for Bitcoin Gold.
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