Bitcoin Gold launch date unveiled

The Bitcoin Gold will be fully launched on 12th of November 2017, 19:00 UTC
10 November 2017   1697

Bitcoin Gold developers had official announced the launch date of BTG. It will happen on 12th of November 2017, 19:00 UTC.

With the launch of the core network a link to download the full Bitcoin Gold node client will be given, BTG pools will start to work and users around the world will begin to mine blocks, and wallets and exchanges, as soon as they are ready, will be able to take deposits, withdraw funds and carry out trading.

Initially, the Bitcoin Gold road map indicated that the project intends to launch the main network and provide an opportunity for the new cryptocurrency to be mined on November 1, but later the terms were moved.

Earlier, the developers of the project announced the addition of protection against replaying transactions, which will prevent duplication of transactions in the network of the original bitcoin. Also, the complexity recalculation algorithm was implemented, a unique address format was added, a public test network and a block browser were launched.

The planned Bitcoin Gold hardfork took place on October 24.

We are extremely grateful for the community around the world who have been contributing hash power to our testnets; besides patiently testing their own mining process, they allow exchanges, pools, wallet developers, and all other service operators to implement and test their support of BTG so that the Bitcoin Gold community can have a full suite of services at launch time. Thank you to all those who have donated their hash power to this effort! We’d also like to extend our gratitude to all those service providers who have been working so hard with us to prepare a fully functional ecosystem at launch. 

Bitcoin Gold Team

According to representatives of Bitcoin Gold, the project is aimed at creating a truly "decentralized bitcoin". It is claimed that by using the Equihash algorithm, which makes it easier to extract bitcoins with graphics cards, the mining will be available to a larger number of participants, and the influence of large companies will be reduced accordingly.

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   535

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.