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CRYPTO REVIEW

Bitcoin Gold Review

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December 3, 2017 | 

Joanna Newman |  0 Comments | 

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Bitcoin Gold: How to get, keep and secure it?


Bitcoin CashBitcoinBitcoin Gold

Bitcoin Gold, what is it?


Bitcoin GoldLightningAsic

a hard fork occurs when the blockchain splits in two, under the impetus of a fundamental change in the rules that govern the system. This rule change allows new blocks to be created on the new chain - blocks that are incompatible with the old one.


So how do you get that famous Bitcoin Gold?





How to protect your Bitcoins wallet?






  • Save your private keys or "seed phrase" and protect them with a strong password

  • Never and under no circumstances disclose your private key

  • Keep in your wallet only small sums for current expenses

  • To save money in your wallet, opt for cold wallets whose keys are stored offline.



Does this new cryptocurrency have a future?


Minors control far too much space for Bitcoin Gold to be successful – at least in the short term



For now, virtual currencies such as Bitcoin pose little or no challenge to the existing order of fiat currencies and central banks. Why? Because they are too volatile, too risky, too energy intensive, and because the underlying technologies are not yet scalable. Many are too opaque for regulators; and some have been hacked. But many of these are technological challenges that could be addressed over time.

Citizens may one day prefer cryptocurrencies."

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