I don' like Bitcoin Gold

in #bitcoin7 years ago (edited)

Just another ZCASH ...only:

  • slower
  • more expensive to transfer
  • brings nothing new to the table
    BitcoinGold-logo0k.jpg

Claims of a better distribution because of the GPU EQUIHASH mining algo are FAKE.
What better distribution? This coin is born already distributed. Is born from a BTC blockchain copy with 16 million out of the total 21 million coins already distributed.
This year, 2017, from 1 Jan to 22 OCT(today) , 565,025 BTC were mined out of the total of 16,640,875 BTC today.
So....correct me if I am wrong in putting the birth of Bitcoin Gold data like this:

  1. 16,640,875 coins already distributed (badly, as BitcoinGold website says, because asics are bad, equihash is good)
  2. calculating by the last 10 month of BTC mining, there will be around 565,025 BitcoinGold coins mined in the next 10 month ( this ones distributed good, not bad like asic mining, but equihash mined)

SO HOW LONG will it take for the GOOD DISTRIBUTED EQUIHASH MINED coins to be enough to matter, compared to the 16 million coins already "printed" badly with asic mining? Yea...right.

So...what exactly is better even in mining distribution with BitcoinGold that has 16 million coins already mined.......compared to Zcash that is faster, cheaper to transfer, and has only 2.5 million coins mined (also equihash algo)?

So , can you please tell me:

WHAT EXACTLY HAS BITCOIN GOLD BETTER THAN ZEC ?


except the "Bitcoin" in the name.....