Bitcoin Gold, or BTG, is a cryptocurrency that is a hard fork of Bitcoin. Just like the core Bitcoin project, Bitcoin Gold is also decentralized and open source. Those who have BTG tokens can use the peer-to-peer network to send the tokens to another user. Alternatively, using a compatible payment gateway like NOWPayments, users can make payments using BTG.
Bitcoin Gold was released in November 2017. It is different from the core Bitcoin in terms of the mining process. While Bitcoin mining requires in-depth technical knowledge and costly computer hardware, Bitcoin Gold aims to change that by standardizing and stabilizing the mining process.
Bitcoin Gold Payment Benefits:- Faster Transactions
Bitcoin Gold can handle up to 27 transactions per second, which makes transactions faster than ever. For example, Bitcoin can handle only 5 transactions a second. It gives you an extra edge while receiving payments. - Fully Decentralized
A hard fork of Bitcoin, Bitcoin Gold aims to decentralize the cryptocurrency industry further. BTG coin does it by standardizing the mining process and the consensus algorithm. - Advanced Security
The cryptocurrency offers extra security and anonymity while sending and receiving payments. For instance, the blockchain takes preemptive steps to stop threat actors from accessing the wallet information. - Future Plans
Bitcoin Gold aims to promote a healthier environment for cryptocurrency mining and usage.