Will my Bitcoin Gold volatilize?

Will my Bitcoin Gold volatilize?

Bitcoin Gold is a bitcoin split, just like Bitcoin Cash.

It thus takes again the history of the blockchain, but will separate it in block 491407 to create a new cryptocurrency also based on the proof of work, but which will have to be more resistant to the ASICs (application specific integrated circuit) it is to the integrated circuit specific to the application.

This separation should take place on October 24th.

Those who own Bitcoins at block 491407 will also own the same number of Bitcoin Gold.

What must be done to recover this new currency?

If your Bitcoins are on an exchange platform that has not made it clear that it will return your BTCs, you must send them to an address where you have the private key and that, with applications like Ethereum, Blockchain. info, Mycelium or Greenaddress. Either by generating offline a paper wallet. Either with a hardware wallet (such as Trezor or Ledger).

Until today the mechanism of protection against attacks of replay (Replay attack) has not yet been published, it is probably why very few platforms are committed to support BTG.

Among those who declare that it will be possible to exchange BTGs for BTCs before the fork, there is for example Yobit.net.

But this exchange will be virtual, ie it will be necessary to wait for the birth of BTG before being able to withdraw your funds.

After the production system has been defined, Ledger could integrate BTG.

Your BTG will also be recoverable with a hardware wallet, since you remain master of your private keys.

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