Bitcoin Gold (BTG) Rating

Bitcoin Gold (BTG)

Hard Fork that allows you to mine Bitcoin with GPU

Description

... show more 

Bitcoin Gold (BTG) was forked from Bitcoin in October 2017. It is a community-led project that wanted to become more decentralized than Bitcoin. Some within the community felt a very small number of groups controlled the manufacture and distribution of mining equipment, so BTG introduced a new proof-of-work algorithm that allows anyone to participate in the mining process – not just those with specialized and expensive hardware.

Supporters of BTG believe this is more in line with Satoshi’s original vision. BTG was never designed to overtake Bitcoin, unlike Bitcoin Cash, as it wanted to wrestle mining power away from those dominating the mining sector and hand it back to everyday amateur miners equipped with a GPU.

Hype and Reach

Bitcoin Gold (BTG) has a good reach and community following. The project has good hype, with lots of buzz on social media websites concerning the project.

Community Trust/Red Flags

The community trust score with respect to this project reasonably good, stipulating that there may be some concerns, but that they are probably previous problems of no real ongoing importance.

Transparency

Bitcoin Gold (BTG) is not transparent regarding commercial operations, which might be seen as a red flag in specific cases. It does not have a privacy policy, legal disclaimer or contact details accessible to examine on its website.

Backing

This project does not have the backing of any VC firms, other institutions or prominent backers. This could indicate that the project is higher risk.

Product Completion

The completion score for the project is good, indicating that the final product/mainnet has been launched successfully.

Conclusion

Taking all metrics into mind, this project has a fairly good final score, but there might still be some underlying risks involved with investing in this project. Projects with scores in this area often have varied ratings in different areas, and these ought to be reviewed independently.

Any potential investors are advised to study the Bitcoin Gold (BTG) whitepaper, which is available to view here.

Scores


89%
Hype Algorithm
90%
Reach Algorithm
80%
Product Completion
10%
Contact Info / Privacy Policy
25%
VC Backing
50%
Community Trust
59%
Result

MetricsParsed: 09/17/2018 22:34:25

Alexa Rank:143,448
Ahrefs Domain Rank:68
Google Mentions:25,900
Whitepaper Word Count:3,100
Telegram Subscribers:3,005
Twitter Followers:73,761
Tweets:1,378
Facebook Likes:23,655
Github Stars:558
Github Contributors:356
Github Forks:304
Github Commits:27,101
Linkedin Employees:22
Linkedin Followers:162

Team

Jack Liao

Co-Founder

h4x3rotab

Co-Founder

Robert Kuhne

Co-Founder

Alejandro Regojo

Co-Founder

Martin Kuvandzhiev

Co-Founder

Franco Niebles

Co-Founder

Disclaimer

This ICO rating has been scored algorithmically using our proprietary ICO rating algorithm. This rating is for entertainment purposes only, and any information on this page should not influence any investment decisions. Rating scores are not human ICO reviews or analyses and do not determine the viability, trustworthiness or potential of any ICO project. Data used in our rating may contain errors.

The ICO rating above should not be considered investment advice, use it for informational purposes only. Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This rating should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset.

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here