Bitcoin Gold hardfork implemented

Learn about new hardfork of first cryptocurrency; Bitcoin Gold price chart inside
24 October 2017   2869

The planned Bitcoin Gold hardfork took place just before the deadline. A snapshot of the bitcoin, as confirmed by the developers of the project, was made on block 491,407.

Initially, it was expected that the BTG fork will occur on October 25, but the bitcoin network reached this block somewhat faster.

As the project developers confirmed in the published road map, the Bitcoin Gold network itself will not be launched immediately, but a few days after the snapshot. Presumably, this should happen on November 1.

Earlier Bitcoin Gold was criticized for its lack of adequate protection against replaying transactions, but the developers assured that such protection will be implemented, and this will be done before the official launch of the network. They also promise a unique address format. 

Earlier representatives of Bitcoin Gold stated that they intend to create a truly "decentralized bitcoin", and thanks to the use of the algorithm of Equihash, mining will become more simple and affordable for ordinary users.

Earlier, some exchanges and purse providers have already expressed their position on BTG. So, Coinbase and GDAX do not plan to charge users with new coins. Bittrex will charge its BTC holders with BTG but refuses to launch BTG trades. EXMO and WEX refused to support BTG, but HitBTC and Yobit, on the contrary, are ready to support the coin. Bitfinex, meanwhile, not only confirmed the release of shared tokens (Chain Split Tokens), but also started trading them.

Bitcoin Gold Price 

At the moment of press, its still too early to talk about the market cap of new Bitcoin fork. But we can see the average price and a chart.

Bitcoin Gold price chart
Bitcoin Gold price chart

According to Coinmarketcap, trading volume of BTG is $8,710,670 and average price is $403.38.

OKEx to Delist Bitcoin Gold Futures

As the reason for this decision, it is called the “insufficient liquidity” of this financial instrument 
21 January 2019   1422

OKEx reported on the imminent delisting of all Bitcoin Gold (BTG) futures contracts, including weekly, two-week and quarterly contracts. As the reason for this decision, the exchange refers to the “insufficient liquidity” of the financial instrument.

All BTG futures contracts will be calculated on 9am, Jan 25, 2019 (CET, UTC+1) in accordance with the price fixed in the BTG / USD index on OKEx an hour before.

In addition, on January 30, all data on BTG futures trading will be deleted, and therefore the exchange recommends that users who may need this data download them in advance.

Bitcoin Gold separated from the main bitcoin blockchain in November 2017. Last May, the cryptocurrency network was attacked by 51%, during which 388,000 BTG (about $ 18 million) were stolen from several exchanges. Currently, Bitcoin Gold is the 27th largest cryptocurrency with a capitalization of $ 195 million.