Bitcoin Gold controversy was born, Bitcoin plummeted! Hackers coveted and attacked its website 10 million times!

Bitcoin Gold controversy was born, Bitcoin plummeted! Hackers coveted and attacked its website 10 million times!

First came Bitcoin, then Bitcoin forked into Bitcoin Cash — and now Bitcoin Gold.
After some developers forked the blockchain digital ledger that houses bitcoin, a new version of the cryptocurrency has been formed, dubbed bitcoin gold. The fork comes less than three months after bitcoin cash was created.


Bitcoin's appeal is its independence from any central authority, but that also makes it more vulnerable to so-called "hard forks" as there are different visions in the cryptocurrency community. In addition to Bitcoin Gold, Bitcoin miners and developers have recently been embroiled in a debate over an upgrade to its protocol that is designed to speed up Bitcoin transactions. The threat of a lack of consensus could see Bitcoin split again next month.
Robert Khune, a strategist at the Bitcoin Gold Project, said: "This will be what is needed to give the general public access to fair mining again. A successful fork will prove that Bitcoin is always capable of getting rid of any potential manufacturer of abusive mining hardware." He charged that the Bitcoin fork this year was "unnecessarily delayed."
As groups supporting different digital networks and related currency groups compete for dominance, some may try to undermine Bitcoin Gold's efforts, according to Bloomberg. The official Bitcoin Gold website was shut down on Tuesday as hackers tried to block users from accessing it, an attack known as a denial of service attack. Bitcoin Gold developers said on Twitter that the site was receiving 10 million requests per minute and that they were working with vendors to block the attackers.
At 11:26 a.m. New York time on Tuesday (October 24), the price of Bitcoin fell 4.4% to $5,653, a drop of 5.9%. However, the price of cryptocurrencies has still risen by 36% this month and has increased sixfold this year.

<<:  Saudi Arabia's richest prince: JPMorgan Chase CEO is right, Bitcoin will collapse

>>:  Analysts say Bitcoin will rise to $50,000 and surpass Apple in market value in five years

Recommend

The facial features of repressive women and philanthropic men

First, look at the Palace of Spouse, which is the...

People with these faces love to find fault with what others do.

People who like to find fault usually don't k...

People with double chins are more loyal in love

Are people with double chins loyal in love? Diffe...

What are the numerological meanings of the health line in palmistry

The health line, like the success line, starts fr...

What is the fate of people with thin hair?

The amount of hair on a person actually has a gre...

A mole on the little finger indicates good fortune in old age

Many people have moles, but they usually grow on ...

Can your lover's face still satisfy you?

Can your lover's face still satisfy you? Ever...

Analyst: ETH may hit a new high in Q1 2025

According to data from online analytics platform ...

What is a longan? Longan facial features analysis

What does longan look like? Analysis of Longyan&#...

Is the face of a person with willow-leaf eyes good?

When it comes to a person's face, whether it ...

How to read nasolabial lines in physiognomy

The nasolabial folds are the continuous lines on ...

30-31 years old annual face

Physiognomy is a kind of folk knowledge that pred...

Physiognomy neck Physiognomy neck

The neck is the key to success in physiognomy. If...

What are the bad moles on a woman's back?

1. Mole on the back In physiognomy, the moles on ...