What is Bitcoin Gold (BTG)?
Bitcoin Gold is a cryptocurrency created as a hard fork of bitcoin. Its stated purpose was to make mining on commonly available graphics cards economically viable.
Questions about Bitcoin Gold
Short answers, pulled from the story.
When did Bitcoin Gold hard fork from bitcoin?
Bitcoin Gold hard forked from the bitcoin blockchain on the 24th of October 2017.
Why was Bitcoin Gold created?
Bitcoin Gold was created to change bitcoin's proof of work algorithm so that ASICs used to mine bitcoin could not mine the Bitcoin Gold blockchain. The goal was to let mining happen on commonly available graphics cards from a home PC.
How much was stolen in the 2018 Bitcoin Gold attack?
During a 51% hashing attack in May 2018, 388,000 BTG, worth approximately US$18 million, was stolen from several cryptocurrency exchanges.
Why was Bitcoin Gold delisted from Bittrex?
Bitcoin Gold was delisted from Bittrex after its team refused to help pay some of the damages from the May 2018 attack.
How many times has Bitcoin Gold been hit by a 51% attack?
Bitcoin Gold has been hit by two 51% hashing attacks, once in 2018 and once in 2020.