Bitcoin Gold (BTG) has been silently introduced to a cryptocurrency industry captivatingly by ongoing Bitcoin cash failure.
The second major split of bitcoin, where the community largely avoided due to its lack of technical robustness, is now mineable but prices have to demonstrate substantial support.
Prices had topped in Nov. at just under $500 per coin after the launching day, coinciding with Bitcoin Cash’s own all-time approached high with $2,400.
That split has also rapidly declined, leading towards just $1,100 in Bitcoin gets a loss of 70%.
BTG’s allocation was complicated by the emergence of malicious scam, which used the Twitter handle @bitcoingolds as a base point to trick migrating users for handling the cryptocurrency.
After its network snapshot in the last month, at the same time, a major DDoS attack spoiled its website.
Regarding the attack, Developers in the official release post described:
“A massive attack was made in an apparent effort to disrupt the mainnet launch, but the Bitcoin Gold team managed to get the network up and running… albeit a little later than planned.”
Cryptofame would like to repeat that Bitcoin Gold is and altcoin and it is not affiliated with the Bitcoin Core chain- the original version of the Bitcoin. Purchasing Bitcoin Gold doesn’t mean that you hold bitcoin.