Bittrex launched Bitcoin Gold trading

Another cryptocurrency exchange now supports Bitcoin Gold trading 
21 November 2017   1259

Bittrex started Bitcoin Gold trading operations. 

The price of Bitcoin Gold (BTG) has skyrocketed after this announcement. BTG trades started late on Monday, November 20, the price of the crypto currency exceeded $ 360, having subsequently adjusted to $ 280. Before that, BTG was trading around $ 120.

Bitcoin Gold price chart
Bitcoin Gold price chart

It is also worth noting that earlier Bittrex was sceptic regarding Bitcoin Gold.

Bitcoin Gold [BTG] is a proposed digital asset.
At this time, the information and codebase presented by the Bitcoin Gold team is not in a functional state and Bittrex will not commit to opening a Bitcoin Gold trading market.
 

Julian Yap

Bittrex Team

 

Bitcoin Gold Hardfork to be Implemented

Modified Equihash-BTG algorithm was launched on block 536200
05 July 2018   199

On block 536200 Bitcoin Gold network was transferred to the modified Equihash-BTG algorithm, not supported by classic ASIC-miners. This is the developers of crypto-currencies reported in the official blog.

Thus, the project promotes one of its main ideas, which consists in avoiding ASIC-mining.

According to the developers, the new algorithm includes personalization, which makes it difficult to redirect the power of mining through the markets of hashing capacities, which guarantees greater network security.

Also in the course of the hack, an improved difficulty adjustment algorithm (LWMA) was added, which will allow BTG to work faster, providing a more stable flow of blocks.

We thank them all for their hard work in recent days getting ready for this upgrade… and for dealing graciously with the few snags and hurdles that will inevitably come after an important Upgrade like this.

We know that this milestone isn’t an endpoint… it’s just a waypoint we pass along the way to better things. First, we’ll make sure everything continues to function as expected, and we’ll help the inevitable stragglers get on board with the new code… and then we have a whole bunch of new things we’re looking forward to sharing with the Community!
 

The Bitcoin Gold Organization

In early June, the Bitcoin Gold team said that updating the network will make the cryptocurrency less vulnerable to various hacker attacks. In May, an unknown miner, through a "51% attack" on the BTG network, stole about 388,000 coins from the exchanges.