Image via Andres Antonopoulos’ personal website
By now even most casual investors have heard of Bitcoin. It’s being covered by major media outlets and is a hot topic that is being discussed by some of the biggest names in the financial industry.
However, long before the popular altcoin was making headlines on CNN, there was (and still is) a Bitcoin community.
It started out as a very small community. A community of dreamers who believed that an alternative currency and the technology behind it, could change, not only the way we do business but perhaps even the financial industry as a whole.
/332px-Paris_Hilton_2%2C_2012.jpg”>Image via Wikimedia
Moving the Chain is an ongoing series from Blockchain WTF that shines a spotlight on folks who are making an impact in the world of blockchain technology and cryptocurrencies.
This episode of Blockchain Token; Which is it? covers Bitcoin Gold! In this series, we will cover the different types of blockchain platforms and cryptocurrencies on the market right now. We’ll give you a quick description of each blockchain/token, its function, who is their competition and where you can learn more.
Bitcoin Gold is a recent hard fork out off of the bitcoin blockchain and aims to makes changes to the way cryptocurrency is mined. Bitcoin Gold has the same supply, block size, and block time as its predecessor, as well as the implementation of segwit. One major difference, however, is that the mining difficulty is adjusted every single block, while Bitcoin’s mining difficulty is only adjusted every 2 weeks.
These days cryptocurrency headlines are often dominated by the industry leader, Bitcoin. While Bitcoin is clearly the most well known and established altcoin on the market, there are several other players in the blockchain space that have also seen major growth regarding both price point and popularity. One such cryptocurrency is known as the ether token (ETH), which is the value token on the Ethereum blockchain.
What would the blockchain be without cats? Cryptokitties is making sure we never have to find out the answer to that question. Cryptokitties is a decentralized application running on the Ethereum network, allowing users to buy and sell digital versions of cats!