Published On: Wed, Oct 11th, 2017

Bitcoin Gold Is About to Trial an ASIC-Resistant Bitcoin Fork

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It’s forking season.After Bitcoin Cash (Bcash) forked from the Bitcoin blockchain to create a new cryptocurrency (BCH), and ahead of the SegWit2X fork that may do the same thing, a third Bitcoin fork is in the making: Bitcoin Gold (Bgold; BTG). But where Bcash and SegWit2X are scaling-related forks — both mainly increase Bitcoin’s block size limit — Bgold wants to re-decentralize mining by implementing a new proof-of-work algorithm.“What was born as decentralized is now centralized,” Bitcoin Gold contributor J. Alejandro Regojo told Bitcoin Magazine, referring to the current state of Bitcoin …

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