The developers of Bitcoin Gold announced the successful hard forks the network, which should minimize the risks of attack 51%, on the block 536200. The network passed on algorithm Equihash-BTG, which allows not to fear the activity of ASIC miners.
We’re thrilled to report that the Network Upgrade has been a success!
New Equihash-BTG PoW and the DAA working as expected.https://t.co/Dp2efLkz3G pic.twitter.com/HtL6xyOcKR
— Bitcoin Gold [BTG] (@bitcoingold) July 4, 2018
Representatives of the project explained that the modified algorithm Equihash-BTG 32 not only does not work with ASIC miners, but also allows for personalization, which complicates the forwarding mining capacity through “hashing markets.” Thus the network obespechena great safety.
However, applied improved algorithm for the correction of complexity (LWMA) will allow the blockchain Bitcoin Gold faster to respond to changes and stabilize the blocks.
Recall that the cryptocurrency Bitcoin Gold separated from bitcoin in October 2017. The launch of the core network took place in November of the same year. And in late may of this year unknown miner has successfully completed the network Bitcoin Gold attack double spending.