Bitcoin Gold BTG to LINA LINA Exchange

Crypto Pair Details: BTG to LINA

Bitcoin Gold BTG

Bitcoin Gold hopes to change the paradigm around mining on the Bitcoin blockchain. According to the founders, the Bitcoin blockchain has become too centralized. Large companies with huge banks of mining computers now mine the vast majority of Bitcoin. For the founders of Bitcoin Gold, having large companies control the Bitcoin network defeats the purpose of a decentralized ledger and peer-to-peer currencies. In response, they’ve initialized the Bitcoin Gold project. It’s an alternate fork of the Bitcoin blockchain that implements changes that make mining more equitable. The goal of Bitcoin Gold is to create a network where anyone can become a miner with only basic hardware. As a result, Bitcoin Gold mining would be spread among many miners, instead of a few large companies.There have several features such as decentralization. Bitcoin Gold decentralizes mining by adopting a PoW algorithm, Equihash-BTG, which cannot be run on the specialty equipment used for Bitcoin mining (ASIC miners.) This gives ordinary users a fair opportunity to mine with common GPUs. Besides, there have fair distribution. Hard forking Bitcoin’s blockchain fairly and efficiently distributes 16.5 million BTG immediately to people all over the world who have interest in cryptos. Other methods, such as creating coins with a new genesis block, concentrate ownership within a small group. There also have a replay protection. To ensure the safety of the Bitcoin ecosystem, Bitcoin Gold has implemented full replay protection and unique wallet addresses, essential features that protect users and their coins from several kinds of accidents and malicious threats. Most new mineable cryptocurrencies involve ASIC-resistant hashing algorithms, and it’s becoming something of an industry standard to promote decentralization. In that respect, Bitcoin Gold holds a lot to be excited about. At its core, it’s about transitioning the Bitcoin network to more decentralized mining. However, as we saw above, there’s not much evidence that the current Bitcoin mining system is broken. There have been some small complaints, and it’s not ideal that the network is so centralized. Nevertheless, miners on Bitcoin have a lot to lose if they wield their power too aggressively. There are also new entrants to the Bitcoin mining community that are decentralizing control from a few key ASIC farms. The general consensus from Bitcoin experts is there’s not enough new in Bitcoin Gold to warrant an independent investment. While it certainly doesn’t hurt to hold onto your free BTG that you receive as a result of the fork (if you owned Bitcoin before Oct 24), wait until the dust settles before deciding whether to buy more.'

LINA LINA

As a pioneering Blockchain enterprise in Vietnam, our journey begins with the desire to apply technology in solving problems of technological inadequacy in the country's agriculture. Our passion and constant efforts motivated us to rise beyond our expectations. The mission Lina Network chases after is applying transparent technology in connecting humans and providing practical solutions for the society. At Lina Network, we believe digital transformation provides great value for life, thereby it is an indispensable tendency in this day and age. We expand our projects in multi-industry such as produce traceability, supply chain, health-care and e-government, etc… with the aim of finding only right answers for all drawbacks and creating positive changes in our society. Lina Network Ecosystem We develop projects that are inextricably linked to one another to form an ecosystem which gives facilities for approaching urgent issues in society from different aspects. · Lina Review - The world’s first transparent review platform. · Lina FarmTrust - Produce traceability and farm management built on Blockchain. · Lina Market - An agricultural e-commerce platform, connects manufacturers and consumers. · Lina MediTrust - An electronic health record storage and management system. · Lina e-Government - A platform that digitizes all information of citizens, verified by the government. Lina Network’s Potentials: · A multinational corporation with members from different countries across the world such as Switzerland, Germany, United States, Australia, New Zealand, Japan, Thailand, Vietnam, etc… · A leading enterprise in Vietnam that deploys modern technologies such as Blockchain, Big Data and AI. · Lina Network ecosystem consists of projects that are inextricably linked to provide transparent solutions and build trust for society.

SOURCE: COINGECKO

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