The Bitcoin Fork (BTG) (Part 1)

Bitcoin Gold!!

Hello steemians..!

So many Of you have heard about an upcoming Bitcoin Fork Somehwere in the Internet... Wait wait, Did i just hear "Fork".?
Yeah you heard it right A fork, in a laymans language a fork is a split .
As it relates to blockchain technology, a hard fork (or sometimes hardfork) is a radical change to the protocol that makes previously invalid blocks/transactions valid (or vice-versa), and as such requires all nodes or users to upgrade to the latest version of the protocol software.
Put differently, a hard fork is a permanent divergence from the previous version of the blockchain, and nodes running previous versions will no longer be accepted by the newest version. This essentially creates a fork in the blockchain, one path which follows the new, upgraded blockchain, and one path which continues along the old path.
Generally, after a short period of time, those on the old chain will realize that their version of the blockchain is outdated or irrelevant and quickly upgrade to the latest version.

What is Bitcoin Gold?

Bitcoin Gold is an attempt to make Bitcoin truly decentralized again by making mining easier for everyone through a change in proof-of-work. The Bitcoin Gold project is led by Jack Liao, CEO of LightningASIC, a Hong Kong-based bitcoin mining firm.

Why is Bitcoin Gold being created?

The project, seeks to improve bitcoin's technology by changing how its competition for rewards is conducted, is the second to launch since August via The Hard fork."

When is it happening?

Bitcoin gold hard fork is expected to take place on 25th October, There is a general consensus that this will be the date that the block 494,784 will be mined and the new version of the currency scheduled to be in operation by the start of November.

How Do I get Bitcoin Gold?

If you have Butcoins in a Trading wallet make sure you move It to a wallet Where you can get your private keys... The ration For Btg Is 1:1 meaning if you have 1btc before the fork you will get 1btc After the fork...

Woow Free Money right? Yeah since everyones gotta test the Network we get ourselves free btg..

Stay Tuned Coz in my Next Post Am going To show you steps to Claim your Free Bitcoin Gold..

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