BTG

Bitcoin Gold

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Bitcoin Gold is a Hard Fork of Bitcoin, that allows you to mine Bitcoin Gold with GPU. BTG implements a new PoW algorithm, Equihash, that makes mining decentralized again with ASIC resistant algorithm.
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5 of 9 user opinions

RS
Lead Maintainer at Monero Source
What’s the reason for Bitcoin Gold’s existence? Same garbage, just a money-grabbing fork at best, an effort to steal people’s private keys at worst.
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SB
Partner at Blockchain Capital Source
Interest has been low. That said, I think it's actually interesting. Likely to be hugely successful? Probably not.

I'm happy getting a free stake in their experiment -- decentralization is important and they're trying a different angle to achieve that.

Plus I can appreciate that it's a non-hostile fork with strong two-way replay protection and isn't trying to take Bitcoin / BTC name.
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NC
Partner at Castle Island Ventures and Co-creator of Coinmetrics Source
Verge, Bitcoin Gold, and Monacoin (unverified) have all been attacked in the last day or so. This is the inevitable destiny of every smaller PoW chain.

Verge and BTG were both sold as a “better bitcoin”. This is the fate of every better bitcoin.
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LD
Bitcoin Core Developer Source
Bgold is an altcoin not a hard fork. Hard forks are when an existing system changes (in a non-backwards compatible way). New systems are just altcoins, never hardforks. The part that confuses people is that if you attempt a hardfork without consensus, you end up with an altcoin instead.
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EG
Associate Professor of Computer Science at Cornell Source
PSA: Bitcoin Gold is a gimmick to create confusion around Bitcoin Cash. Beware of anyone peddling it.
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CL
Creator of Litecoin Source
Bitcoin Gold got 51% attacked. Miners have no issue with attacking BTG because if it dies, they could easily switch to mine another coin that also uses Equihash POW.
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ES
CEO and Cofounder of Lightning Labs Source
In all seriousness though, not all chains are equal. Have you seen the recent attacks on XVG, etc.? Not to mention BTG, Monacoin, Bytecoin, the list goes on.

The potential attack surface (you want it to be small) and cost of attacking the network (you want it to be high) are *hugely* important.
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NR
Software Engineer, Facebook Source
Bitcoin Gold has some of the most irresponsible/incompetent developers in all of crypto. They delegated the security entirely to 3rd party wallets, some of which stole millions and others with a history of selective scamming. They never fixed this and have no plans to.
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MO
Co-founder of CoinPrices Source
Verge, bitcoin gold, monacoin, and now zencash have all been attacked recently because they are PoW chains that are primarily mined by GPUs. The game theory that backs bitcoin's security is broken when you can use your hardware on multiple different chains.
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Most helpful opinions

MO

MO Matt Odell Co-founder of CoinPrices
Verge, bitcoin gold, monacoin, and now zencash have all been attacked recently because they are PoW chains that are primarily mined by GPUs. The game theory that backs bitcoin's security is broken when you can use your hardware on multiple different chains.
Price since: +{{ this.getDifference(46.85) }}%
June 04, 2018
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NR

NR Noah Ruderman Software Engineer, Facebook
Bitcoin Gold has some of the most irresponsible/incompetent developers in all of crypto. They delegated the security entirely to 3rd party wallets, some of which stole millions and others with a history of selective scamming. They never fixed this and have no plans to.
Price since: +{{ this.getDifference(189.16) }}%
January 29, 2018
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ES

ES Elizabeth Stark CEO and Cofounder of Lightning Labs
In all seriousness though, not all chains are equal. Have you seen the recent attacks on XVG, etc.? Not to mention BTG, Monacoin, Bytecoin, the list goes on. The potential attack surface (you want it to be small) and cost of attacking the network (you want it to be high) are *hugely* important.
Price since: +{{ this.getDifference(50.64) }}%
May 23, 2018
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CL

CL Charlie Lee Creator of Litecoin
Bitcoin Gold got 51% attacked. Miners have no issue with attacking BTG because if it dies, they could easily switch to mine another coin that also uses Equihash POW.
Price since: +{{ this.getDifference(45.38) }}%
May 24, 2018
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EG

EG Emin Gun Sirer Associate Professor of Computer Science at Cornell
PSA: Bitcoin Gold is a gimmick to create confusion around Bitcoin Cash. Beware of anyone peddling it.
Price since: +{{ this.getDifference(165.76) }}%
November 06, 2017
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LD

LD Luke Dashjr Bitcoin Core Developer
Bgold is an altcoin not a hard fork. Hard forks are when an existing system changes (in a non-backwards compatible way). New systems are just altcoins, never hardforks. The part that confuses people is that if you attempt a hardfork without consensus, you end up with an altcoin instead.
Price since: +{{ this.getDifference(118.02) }}%
February 25, 2018
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NC

NC Nic Carter Partner at Castle Island Ventures and Co-creator of Coinmetrics
Verge, Bitcoin Gold, and Monacoin (unverified) have all been attacked in the last day or so. This is the inevitable destiny of every smaller PoW chain. Verge and BTG were both sold as a “better bitcoin”. This is the fate of every better bitcoin.
Price since: +{{ this.getDifference(53.87) }}%
May 22, 2018
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SB

SB Spencer Bogart Partner at Blockchain Capital
Interest has been low. That said, I think it's actually interesting. Likely to be hugely successful? Probably not. I'm happy getting a free stake in their experiment -- decentralization is important and they're trying a different angle to achieve that. Plus I can appreciate that it's a non-hostile fork with strong two-way replay protection and isn't trying to take Bitcoin / BTC name.
October 21, 2017
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RS

RS Riccardo Spagni Lead Maintainer at Monero
What’s the reason for Bitcoin Gold’s existence? Same garbage, just a money-grabbing fork at best, an effort to steal people’s private keys at worst.
Price since: +{{ this.getDifference(129.42) }}%
February 11, 2018
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