The worthless Forkcoin know as "bitcoin Gold" is even more worthless having been hit by double spending and 51% attacks demonstrating that its deviant blockchain lacks sufficient interest and value to attract sufficient mining activity. Much like Forkcoin, "bitcoin Gold" was split from the bitcoin Blockchain via hardfork by a marginal crew with odd politics and like "bitcoin Cash" .
The hill on which the "bitcoin Gold" crew chose to die was changing the mining algorithm to a GPU mining friendly memory hard algorith of recent publication dubbed "equihash" leaving their blockchain's security to the mercy of altcoin miners with GPU farms and no particular loyalty to any of the non-bitcoin blockchains they mine. The meteorological risk of circumstances aligning to make these attacks the natural, economically rational choice for miners looms over every purported "cryptocurrency" blockchain that fails to attract sufficient value to actually be bitcoin.
MON, 25 JUNE – FRI, 29 JUNE, WASHINGTON DC
BTL Co-Founder, Hugh Halford-Thompson will be speaking on Friday June 29th at the World Gas Conference in Washington DC.
Spain: Barcelona to Create Blockchain Center in City’s Tech Hub Barcelona Tech City will create a specialized space for blockchain technology development, local news outlet La Vanguardia reports today, May 24. The blockchain space will consist of a second building near to Pier01, the headquarters of Barcelona Tech City that opened in summer 2016, and will most likely be…
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