On November 12, the Bitcoin Gold network went live at 4 pm EDT according to the team’s blog page and Slack channel. 79399 single-format-standard start bitcoin wallet-golds-confusing-mainnet-launch-has-a-rough-start global-block-template-1 td-magazine single_template_2 wpb-js-composer js-comp-ver-5. The controversial project currently has a full node client, but public mining didn’t start until private miners reached block height 499407. 124 BTG nodes at the moment.
The explorer details that the BTG chain is currently at block height 499792 which means the BTG chain has been mined publicly for a few hours now. The BTG hashrate is approximately 104. UPDATE: It seems our chain is correct. The split issue with Suprnova was immediately addressed and corrected according to the bitcoin gold team. Bitcoin gold’s new website has a balance verification tool. On the project website’s front page there is a place where people can verify a bitcoin balance and address prior to block 491407.
Additionally, the people behind bitcoin gold have decided to show their identities in the team section. The entire BTG team besides the lead developer have revealed their identities. Some members like Jack Liao and Robert Kuhne were already identified. The bitcoin gold team claims to have sixteen mining pools associated with the BTG mining environment. Some pools are well known like the organizations like Minergate, Suprnova, and other unknown pools that look like they were just created for the nascent network.
The team’s website features five wallets that support the BTG protocol and eighteen exchanges who are listing BTG token trading. Exchanges listing the currency include Hitbtc, Bitfinex, Biflyer, Coinnest, Cex. Bitcoin gold is listed on Coinmarketcap. 250-275 as markets have dropped 36 percent. 268 at the time of writing.
Right now as the network has experienced a slight split issue lots of people are still very skeptical of this project. The team’s Slack channel is filled with people fighting, trolling, and calling out the BTG team’s development weaknesses. As we’ve mentioned in previous articles in the past, the biggest concern for skeptics is the digital token’s pre-mine and now the BTG team has mined their share. In the Slack channel where the BTG mainnet announcement was initially announced, individuals were not very pleased that they had to wait until block height 499407. The bitcoin gold project remains a theatrical show to many skeptics as the project’s mainnet has had a pretty rough start, at least for the general public after the pre-mine.