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Digital gold gold

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Digital gold gold

October 24th, 2017

"Money was never a big motivation for me, except as a way to keep score." – Donald Trump 

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THE FEATURE

Bitcoin Gold: What to Know About the Blockchain's Next Split


Call it the season of the fork.

While the fact that bitcoin's code has long been copied by those seeking to launch alternative cryptocurrencies is nothing new, it seems the industry is entering another period in which this behavior has seen a notable change.

Once upon a time (all of three years ago), cryptocurrency projects would copy bitcoin's code, alter it and launch a new network, open to a new set of users. Here, we saw the "altcoin boom," sparked by the creation of litecoin, dogecoin and other early experimentations on the concept.

The next wave saw enterprises and banks do the same as a means of experimentation (though many didn't admit it). Eventually, they created their own private (or permissioned) alternatives, migrating to the supposedly more flexible and feature-rich ethereum blockchain.

It seems then that what we have now is a third wave of such activity, this time with projects seeking to copy not just bitcoin's code, but its already expansive user base.

As of a successful "fork" yesterday, a project called bitcoin gold is effectively making its tokens available (soon) to any bitcoin user. It's a notable deviation in strategy and one that could herald things to come. Bitcoin cash? Bitcoin gold? Bitcoin bonds? It's hard to image what's next.

But certainly, our collective imaginations appear to be gearing up for another round of exploration. 
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Wait, there's more:

Bitcoin Gold Website Down Following Massive DDoS Attack
A website that serves as a central hub for a newly created cryptocurrency project went down today shortly after a successful, scheduled launch.

Hyperledger Blockchain Consortium Adds Bosch, Wipro and More as New Members
Hyperledger blockchain consortium has added five new members to its roster of over 170 organizations, including Bosch and Wipro.

Perks of a Follower? HKEX Seeks Second-Mover Advantage on Blockchain
The Hong Kong Stock Exchange is comfortable watching and learning from the sidelines while other securities' exchanges adopt blockchain.

Blockchain Startup Chain Launches Balance Management Cloud Service
Blockchain startup Chain is launching a new cloud-based Software as a Service product for managing balances in financial and commerce applications.

HHS Architect Talks Blockchain's Potential Role in Healthcare Administration
Health and Human Services IT architect Debbie Bucci has spoken on how blockchain could be applied to Medicare and other public-sector functions.

Intel Partners With Ledger to Integrate Bitcoin Wallet Software and SGX Tech
Blockchain wallet hardware startup Ledger has announced a new partnership with tech giant Intel.

Overstock to Release Blockchain Product to Curb Naked Short Sales
Overstock.com will soon release software designed to help alleviate the very problem that got its founder involved in blockchain in the first place.

Jeff Garzik Startup Bloq to Launch Cross-Blockchain Cryptocurrency
The figure at the center of bitcoin's scaling debate is launching a new cryptocurrency, one he hopes will quell longstanding issues with public blockchains.

Bitcoin Gold Initiates Hard Fork Split to Create New Cryptocurrency
A cryptocurrency project seeking to chart a new course for bitcoin has officially launched, though the project is not yet live.

Bitcoin Gold: What to Know About the Blockchain's Next Split
What is bitcoin gold? A new cryptocurrency project expects to launch today. Here's what it is and why it matters.

Saudi Prince Al-Waleed: Bitcoin Is 'Going to Implode'
A senior member of the Saudi royal family struck a critical tone about bitcoin during a media appearance today.

Canada Court Holds ICO Organizer in Contempt
A Canadian court ruled against the organizer of an ICO after it was alleged that they repeatedly violated orders to cease soliciting investors.

Ether Price Hits One-Month Low Below $280
The price of ether hit its lowest point in one month on Monday, falling to $275 despite strong gains observed elsewhere in the cryptocurrency market.

Mark Cuban-Backed Unikrn Raises $31 Million in E-Sports Token Sale
Unikrn, an e-sports betting site, has raised roughly $31 million in an initial coin offering, or ICO.
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