Bitcoin Gold BTG to Zebi ZCO Exchange

Crypto Pair Details: BTG to ZCO

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.'

Zebi ZCO

Zebi is a young and innovative organization founded, mentored and managed by Oxford, MIT, Stanford, and IIT veterans and thought leaders from Silicon Valley with experience in Google, Uber, Amazon, Microsoft, and Oracle. Zebi specializes in providing Blockchain based offerings to governments and enterprises to leverage and protect their high value and sensitive data. India’s big data generation is increasing exponentially and is expected to reach 3 Zebibytes per year (Zebibyte = 1024^7 bytes) by 2020, driven by continued growth of internet usage, social networks, proliferation of smartphones, as well as the digital initiatives and structural reforms undertaken by the government. At the same time, incidents of data crimes such as data hacks, data leaks, data tampering, identity thefts are on the rise, which are costing Indian organizations and consumers more than $30 billion annually. Zebi specializes in providing blockchain based solutions to governments and enterprises to leverage and protect their high value and sensitive data. Zebi is one of the few enterprise grade product companies based in India offering best of the expertise of Silicon Valley at Indian prices Recognizing the need and opportunity to enable with technology the enforcement of data protection regulations, Zebi has created a Blockchain driven, unique and holistic solution to make high value and sensitive data readily available for legitimate use. Zebi safeguards data against hacking and tampering, while obtaining consent from individuals. The solution comprises of Zebi Chain™ to provide immutability to critical records, coupled with a central hub called Zebi Data Gateway which enables secure and instant data exchange through Data-as-a-Service (DaaS) APIs. Zebi’s innovative, proprietary solution set is one of the first in industry and is patent pending.

SOURCE: COINGECKO

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