Published on November 13th, 2017 | by bitcoin0
Bitcoin Gold,Currently Trading Above $240
The second derivative of Bitcoin namely the ‘Bitcoin Gold’ has finally gone live as developers publish the final software for the cryptocurrency.
Just similar to the Bitcoin Cash, the Bitcoin Gold is also an “airdropped” forked version of the original Bitcoin meaning anyone and everyone holding Bitcoin during the time of the fork will be rewarded with equal BTG tokens.
A blog post on the Bitcoin Gold website reads “Bitcoin Gold is now Live, having survived a massive and concerted attack from its first moment of existence.”
Many call Bitcoin Gold as the successor of Bitcoins first derivate – Bitcoin Cash – which has recently crossed $41B in market valuation and is currently trading at $1187.81 as per coinmarketcap.com.
Additionally, the website for Bitcoin Gold was subjected soon to DDoS attacks which created a very sentiment in the market resulting in a price drop of 70% in the value of Bitcoin Gold.
With the news of it going live today, Bitcoin Gold has somehow managed to restore the optimism and is currently trading at $258.58.