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Bitcoin Gold

Bitcoin Gold

Bitcoin Gold (BTG) is a cryptocurrency that originated as a friendly hard fork of Bitcoin in 2017, founded by Jack Liao with the goal of decentralizing mining based on the principle of 'one CPU and one vote'. The project is planning to merge back with the Bitcoin network in early 2025 to enhance Bitcoin's applications and is also introducing USDG (USDGOLD), an over-collateralized native stablecoin for its ecosystem.
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Description

Bitcoin Gold (BTG) is a community-driven cryptocurrency project that resulted from a friendly hard fork of Bitcoin in October 2017, initiated by founder Jack Liao. The primary goal was to decentralize the mining process by making it accessible on common GPUs, thereby upholding Satoshi Nakamoto's vision of 'one CPU, one vote'. After several years of operation and building an ecosystem of exchanges, wallets, and pools, Bitcoin Gold announced a new phase in 2024. The project plans to merge back into the Bitcoin network, with a target date of January 22, 2025. This strategic move is intended to bolster the security of BTG, reduce its inflation rate to zero, and expand the utility of Bitcoin applications. In parallel, the project is developing USDG (USDGOLD), an over-collateralized native stablecoin designed to provide a stable medium for transactions and financial services within the Bitcoin Gold ecosystem.