Bitcoin Gold has been created as a result of a hard fork of the original open-source cryptocurrency that took place on October 24, 2017. While hard forks take place for a variety of reasons including for the purposes of scaling as a crypto customer base grows, or because of developer conflict of opinions and differences of goals – BTG's stated purpose has been to "make bitcoin decentralized again."
One of the major problems with bitcoin which led the development of bitcoin gold wasn't related to the question of central issuance but, it had to do with the mining process. Bitcoin gold developers believed that by adopting an innovative algorithm for the Bitcoin Gold mining pool (in this case, a proof-of-work algorithm called Equihash), the new branch of the world's most popular cryptocurrency by market cap, Bitcoin would not disproportionally favor major mining operations. We know the most profitable mining ventures are often those which BTG mining pool together a big number of mining rigs, each of which requires special, expensive equipment.
The Bitcoin Gold Core wallet is the official full-node wallet of the digital currency, and it stores your private keys on your computer. As well as sending, storing and receiving BTG, it even allows you to mine BTG.
It is available for Linux, Windows and Mac OS, and is a secure storage option which allows you to manage and control your BTG holdings, and is one of the best bitcoin gold wallets online as per the bitcoin gold website.
Link: Desktop Wallet
Exodus is a desktop wallet which can be used to store a wide variety of cryptocurrencies, including Bitcoin Gold. Exodus is actually free to download and has been mainly designed for people who are starting anew out in crypto and hence might not be ready to drop any money on a hardware wallet. The interface avoids using overtly technical language and has a hands-on support system in place, including a comprehensive list of FAQs and articles explaining its features, troubleshooting and more. Hence it is a user-friendly wallet, mostly for beginners in crypto trading.
Link: Exodus Wallet
Free wallet a developer of more than 20 crypto wallet apps for a variety of coins and tokens, has launched the world’s first dedicated Bitcoin Gold Wallet. Free wallet was one of the first wallet developers to announce full support for Bitcoin Gold and is a Multi Wallet app, which is currently available both on iOS and Android. Just like any other Free wallet app, the new wallet allows not only to store and conveniently transfer BTG safely but also to exchange smoothly to and from other coins right in the app, with only a couple of taps. And is one of the best bitcoin gold wallet for IOS.
Please be informed that Freewallet is a custodial wallet service and you won't have access to your wallet private keys when you are keeping your coins in Freewallet.
Link: Freewallet Link
The Ledger Nano S is exceptionally one of the most popular hardware wallets available which looks like an ordinary USB drive, but it even features a built-in screen and even transaction confirmation buttons. Known to be simple and secure, the Ledger plugs into your computer through the USB port when its necessary to access your crypto holdings.
One of its main features is the small organic LED screen built into the device, that provides additional protection when you display your private keys. It is proved to be one of the best bitcoin gold wallets.
Link: Ledger Nano S
The Trezor hardware wallet is yet another popular choice for anyone who wants to store their crypto offline and is the most secure hardware wallet, cheaper than Ledger. Trezor is a USB-style hardware wallet that has been designed to provide protection against the threat of keyloggers which might record the keystrokes necessary to gain access to your funds. Trezor does this by creating or generating a randomized PIN code every time you want to access your wallet and by displaying it on the LED screen of the device, so it’s for your eyes only.
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2020-01-08 17:14:06.802903 | 2 min