CPUchain(CPU)

The new Microsoft Azure Maia AI Accelerator is designed for AI tasks and generative AI and was debuted in tandem with its new Azure Cobalt CPU to compute cloud workloads.

The University of California Berkeley’s SETI@Home project is no longer allowing new users to participate in its ongoing search for extraterrestrial life, meaning it’s no longer able to provide a passive income stream for those who’re willing to leave their computer on 24/7. The SETI@Home project launched way back in 1999, inviting users to download a special software program that enabled them to donate their excess computing power to the initiative, which is looking for signs of alien life elsewhere in the cosmic void. But much to people’s disappointment, scientists announced in 2021 that they’re winding down the project and no longer require contributions from the general public. While the announcement was a major disappointment for participants, the good news is that there are still many other distributed computing projects that allow users to make money by renting out their idle storage space or processing power. What is Distributed Computing? It might sound incredibly technical, but the concept of distributed computing is actually a very simple one. It refers to a process where the combined resources of multiple, distributed computers are aggregated together, providing powerful compute or storage resources for heavy-duty projects. In some ways it can be likened to Airbnb, but instead of renting out your spare room or vacation home, you simply rent out your unused computing resources. To participate, you’ll need to download and install the required application or plugin for whatever project it is you want to contribute to. Then it’ll run in the background, allowing your computer’s excess resources to be used by the organization concerned. Where Can I Participate? There are dozens of interesting projects looking to borrow people’s excess computing capacity in support of various use cases: Spacemesh Mining cryptocurrency is one of the most obvious ideas for utilizing your spare capacity that comes to mind, but it’s important to choose a suitable network. While it was possible to mine Bitcoin from a PC back in the early days, its cryptographic algorithms have become so complex and its mining ecosystem so competitive that such limited hardware simply won’t do any more. Enter Spacemesh, an alternative cryptocurrency network that’s designed to serve the average joe who wants to mine a little crypto on his or her computer at home. Unlike Bitcoin’s proof-of-work consensus algorithm, Spacemesh uses a novel proof-of-space time consensus mechanism that is much less energy-intensive. It also employs a unique “race-free approach” that disincentivizes the use of massive amounts of hardware, ensuring everyone can participate and earn a passive income on their personal Mac or PC. All that’s required to start mining with Spacemesh is an Intel or AMD CPU with at least 1GB of RAM, and an always-on, unmetered internet connection with a minimum of 5 Mbps download and 1 Mbps upload. Unlike Bitcoin, where the CPU is the main factor for miners, Spacemesh relies on disk storage resources, which do not use energy when they’re idle, resulting in much lower costs. The protocol is centered on fairness, and ensures all miners are rewarded for their contributions at every EPOCH, which currently concludes every two weeks, with their exact reward based on how much storage space they commit in proportion to the network size. In addition, the protocol prevents whales from joining the system with massive storage resources – in such a case, they would face much higher overhead costs, eliminating any profit gains. In this way, Spacemesh ensures its network remains highly decentralized. HyperCycle As an alternative, PC and laptop owners can opt to join the HyperCycle network, which is a Layer-0 blockchain that’s building an artificial general intelligence network. The idea with this is to promote cooperation between AI agents by establishing a network of nodes that collaborate with one another to solve complex problems. This cooperative AI sees distributed computers aggregate their compute resources to create a “global brain”, kind of like a distributed supercomputer. AI systems can tap into this network and use its combined power to perform computing tasks that would normally be performed by sophisticated server networks. Users are required to purchase an individual software node license to participate in HyperCycle’s network and deposit a minimum of 1,024 HYPC tokens. That might sound expensive, but HyperCycle insists it’s a small price to pay to democratize access to advanced AI computation and pave the way for a future “Internet of AIs”. Fleek Network A great option for Web3 enthusiasts, Fleek Network is calling on users to participate in the industry’s first decentralized content delivery network. CDNs play a key role in the internet, ensuring that websites, images and videos can load instantaneously no matter where users are located. Essentially, CDNs are geographically-distributed server networks that enable content to be cached closer to users. When someone connects to an app or website, the content will be delivered from the closest server to their location, significantly reducing latency. Fleek Network aims to provide an alternative to centralized CDNs operated by companies like Cloudflare, which go against the ethos of Web3. Of course, it cannot build out a global server network from scratch, so instead it relies on people who’re willing to provide computing resources in exchange for rewards. It invites anyone to contribute bandwidth to its network by running a cache node, so they can accelerate content delivery to end users. Fleek Network’s approach could actually be more advantageous, as its reliance on contributors means its network can potentially extend to the smallest rural villages. Whereas most centralized CDNs are restricted to building their infrastructure in cities, Fleek will be able to operate nodes across the globe. The result is that someone living in Siberia can be served by a node from the same town, rather than connecting to a large data center several hundred kilometers away. Storj If you have plenty of hard drive space and you’re willing to put it to work, Storj offers a viable opportunity with its decentralized cloud storage network, which it presents as an alternative to services like Dropbox, Box and Amazon Web Services. It claims to have some big advantages, including greater privacy with guarantees that content stored within the Storj network will never be monitored or censored. All content stored on people’s hard drives is fully encrypted, and only the owner has the keys required to access it. The other key selling point is that content is automatically distributed across multiple devices, eliminating the risk of downtime that would prevent users from accessing their files. To rent out your extra disk drive space to Storj, all that’s required is to download its application, install it, and then select how much storage capacity you want to contribute. Once activated, that portion of your hard drive becomes a part of the Storj network so you can no longer use it yourself. Instead, you’ll be compensated for renting it out. One of the requirements, obviously, is that you must be willing to leave your computer up and running and ensure it’s always online, in return for payments made to your bank account each month. Hyperlink Hyperlink refers to itself as the “World Supercomputer”, but is really a global network of computers that anyone can join to earn passive income. Users donate their computer’s resources to host third-party websites, mobile applications and content. Its services are offered as a low-cost alternative to businesses that don’t want to invest in their own infrastructure or traditional cloud computing services. One of the advantages of Hyperlink is that it claims to offer significant earnings potential for users, saying it’s possible to earn up to $8,600 per year by connecting a desktop or laptop to its network and leaving it running 24/7. Users can even contribute an entire server if they happen to have one lying around. Another bonus is that Hyperlink offers flexible payment options, allowing users to receive their earnings through PayPal, bank transfers, credit card payment and more. In future, Hyperlink will expand its network to include tablets and smartphones too. What Are The Downsides? There actually does not seem to be a lot of downsides to earning a passive income, but those considering it should be aware that by running these programs and keeping their computer switched on 24/7, it may degrade its performance and lifetime. However, the reality is that most people don’t normally use the full capacity of their machine, so they can afford to contribute without really noticing any performance impact. And of course, it’s always possible to use an external storage device if you do need more disk space. Then again, if you do need to perform intensive computing tasks yourself, it might be worth investing in a more powerful machine, or even a second computer that you can leave running and forget about. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The University of California Berkeley’s SETI@Home project is no longer allowing new users to participate in its ongoing search for extraterrestrial life, meaning it’s no longer able to provide a passive income stream for those who’re willing to leave their computer on 24/7. The SETI@Home project launched way back in 1999, inviting users to download a special software program that enabled them to donate their excess computing power to the initiative, which is looking for signs of alien life elsewhere in the cosmic void. But much to people’s disappointment, scientists announced in 2021 that they’re winding down the project and no longer require contributions from the general public. While the announcement was a major disappointment for participants, the good news is that there are still many other distributed computing projects that allow users to make money by renting out their idle storage space or processing power. What is Distributed Computing? It might sound incredibly technical, but the concept of distributed computing is actually a very simple one. It refers to a process where the combined resources of multiple, distributed computers are aggregated together, providing powerful compute or storage resources for heavy-duty projects. In some ways it can be likened to Airbnb, but instead of renting out your spare room or vacation home, you simply rent out your unused computing resources. To participate, you’ll need to download and install the required application or plugin for whatever project it is you want to contribute to. Then it’ll run in the background, allowing your computer’s excess resources to be used by the organization concerned. Where Can I Participate? There are dozens of interesting projects looking to borrow people’s excess computing capacity in support of various use cases: Spacemesh Mining cryptocurrency is one of the most obvious ideas for utilizing your spare capacity that comes to mind, but it’s important to choose a suitable network. While it was possible to mine Bitcoin from a PC back in the early days, its cryptographic algorithms have become so complex and its mining ecosystem so competitive that such limited hardware simply won’t do any more. Enter Spacemesh, an alternative cryptocurrency network that’s designed to serve the average joe who wants to mine a little crypto on his or her computer at home. Unlike Bitcoin’s proof-of-work consensus algorithm, Spacemesh uses a novel proof-of-space time consensus mechanism that is much less energy-intensive. It also employs a unique “race-free approach” that disincentivizes the use of massive amounts of hardware, ensuring everyone can participate and earn a passive income on their personal Mac or PC. All that’s required to start mining with Spacemesh is an Intel or AMD CPU with at least 1GB of RAM, and an always-on, unmetered internet connection with a minimum of 5 Mbps download and 1 Mbps upload. Unlike Bitcoin, where the CPU is the main factor for miners, Spacemesh relies on disk storage resources, which do not use energy when they’re idle, resulting in much lower costs. The protocol is centered on fairness, and ensures all miners are rewarded for their contributions at every EPOCH, which currently concludes every two weeks, with their exact reward based on how much storage space they commit in proportion to the network size. In addition, the protocol prevents whales from joining the system with massive storage resources – in such a case, they would face much higher overhead costs, eliminating any profit gains. In this way, Spacemesh ensures its network remains highly decentralized. HyperCycle As an alternative, PC and laptop owners can opt to join the HyperCycle network, which is a Layer-0 blockchain that’s building an artificial general intelligence network. The idea with this is to promote cooperation between AI agents by establishing a network of nodes that collaborate with one another to solve complex problems. This cooperative AI sees distributed computers aggregate their compute resources to create a “global brain”, kind of like a distributed supercomputer. AI systems can tap into this network and use its combined power to perform computing tasks that would normally be performed by sophisticated server networks. Users are required to purchase an individual software node license to participate in HyperCycle’s network and deposit a minimum of 1,024 HYPC tokens. That might sound expensive, but HyperCycle insists it’s a small price to pay to democratize access to advanced AI computation and pave the way for a future “Internet of AIs”. Fleek Network A great option for Web3 enthusiasts, Fleek Network is calling on users to participate in the industry’s first decentralized content delivery network. CDNs play a key role in the internet, ensuring that websites, images and videos can load instantaneously no matter where users are located. Essentially, CDNs are geographically-distributed server networks that enable content to be cached closer to users. When someone connects to an app or website, the content will be delivered from the closest server to their location, significantly reducing latency. Fleek Network aims to provide an alternative to centralized CDNs operated by companies like Cloudflare, which go against the ethos of Web3. Of course, it cannot build out a global server network from scratch, so instead it relies on people who’re willing to provide computing resources in exchange for rewards. It invites anyone to contribute bandwidth to its network by running a cache node, so they can accelerate content delivery to end users. Fleek Network’s approach could actually be more advantageous, as its reliance on contributors means its network can potentially extend to the smallest rural villages. Whereas most centralized CDNs are restricted to building their infrastructure in cities, Fleek will be able to operate nodes across the globe. The result is that someone living in Siberia can be served by a node from the same town, rather than connecting to a large data center several hundred kilometers away. Storj If you have plenty of hard drive space and you’re willing to put it to work, Storj offers a viable opportunity with its decentralized cloud storage network, which it presents as an alternative to services like Dropbox, Box and Amazon Web Services. It claims to have some big advantages, including greater privacy with guarantees that content stored within the Storj network will never be monitored or censored. All content stored on people’s hard drives is fully encrypted, and only the owner has the keys required to access it. The other key selling point is that content is automatically distributed across multiple devices, eliminating the risk of downtime that would prevent users from accessing their files. To rent out your extra disk drive space to Storj, all that’s required is to download its application, install it, and then select how much storage capacity you want to contribute. Once activated, that portion of your hard drive becomes a part of the Storj network so you can no longer use it yourself. Instead, you’ll be compensated for renting it out. One of the requirements, obviously, is that you must be willing to leave your computer up and running and ensure it’s always online, in return for payments made to your bank account each month. Hyperlink Hyperlink refers to itself as the “World Supercomputer”, but is really a global network of computers that anyone can join to earn passive income. Users donate their computer’s resources to host third-party websites, mobile applications and content. Its services are offered as a low-cost alternative to businesses that don’t want to invest in their own infrastructure or traditional cloud computing services. One of the advantages of Hyperlink is that it claims to offer significant earnings potential for users, saying it’s possible to earn up to $8,600 per year by connecting a desktop or laptop to its network and leaving it running 24/7. Users can even contribute an entire server if they happen to have one lying around. Another bonus is that Hyperlink offers flexible payment options, allowing users to receive their earnings through PayPal, bank transfers, credit card payment and more. In future, Hyperlink will expand its network to include tablets and smartphones too. What Are The Downsides? There actually does not seem to be a lot of downsides to earning a passive income, but those considering it should be aware that by running these programs and keeping their computer switched on 24/7, it may degrade its performance and lifetime. However, the reality is that most people don’t normally use the full capacity of their machine, so they can afford to contribute without really noticing any performance impact. And of course, it’s always possible to use an external storage device if you do need more disk space. Then again, if you do need to perform intensive computing tasks yourself, it might be worth investing in a more powerful machine, or even a second computer that you can leave running and forget about. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Cybersecurity firm Unciphered has claimed that it managed to hack the hugely popular Trezor T hardware wallet manufactured by Satoshi Labs. The Trezor T hardware wallet is one of the most popular wallets in the market today. A Potential Hardware Vulnerability? Unciphered showcased the hack in a YouTube demonstration, claiming it could extract the hardware wallet’s mnemonic seed phrase by exploiting a hardware vulnerability. In the video, Unciphered is able to dismantle the hardware before extracting the seed phrase or private key. However, the hack requires the physical possession of the wallet, along with specialized equipment. Furthermore, the cybersecurity firm also claimed that there is no way to fix the vulnerability that facilitates the hack without initiating a complete recall of all Trezor T wallets. In the video, the team at Unciphered claimed they developed an “in-house exploit” that enabled them to extract the wallet’s firmware. Co-founder of Unciphered, Eric Michaud, stated that by leveraging specialized GPU chips, the team was able to crack the Trezor T hardware wallet’s pin seed phrase. Michaud explains in the video, “We uploaded the firmware we extracted onto our high-performance computing cracking clusters. We have about 10 GPUs, and after some time, we extracted the keys.” Hardware wallets are used to store private keys offline in an air-gapped environment. Because these wallets keep the private keys offline, they are generally considered highly secure. However, Unciphered has stated that the hardware security mechanisms put in place in the Trezor T wallet could theoretically be bypassed if any hacker or malicious individual gained possession of a Trezor T wallet. An Old Vulnerability? Unciphered’s demonstration of the vulnerability in Trezor T hardware wallets resulted in speculation that it had rediscovered an old vulnerability known for years. However, Unciphered denied this, stating that the old vulnerability in question had been patched in 2019. According to the firm, the vulnerability and the method to exploit it were developed in-house. This is not the first time Unciphered has successfully retrieved seed phrases from a hardware wallet. In February, the cybersecurity company demonstrated a similar hack of a popular hardware wallet, OneKey. In the video related to OneKey, Unciphered showed how it exploited the lack of encryption between the hardware wallet’s CPU and the secure element through a field programmable gate array. This was able to intercept all communications between the secure element and the processor. “The FPGA is a high-speed processor also known as a field programmable gate array, allowing us to iterate through different algorithms, bypass the wallet’s security and extract the mnemonics.” Trezor Responds Trezor responded to Unciphered’s demonstration of the exploit and stated that it had quite a few similarities with the Read Protection Downgrade (RDP) vulnerability. This vulnerability was discovered by researchers from Kraken Security Labs and impacted both Trezor One and Trezor Model T. In short, this implied that Trezor was aware of the vulnerability. Chief technology officer at Trezor, Tomáš Sušánka, stated, “This appears to be a vulnerability called an RDP downgrade attack, and as communicated on our blog in early 2020, RDP downgrade attacks require the physical theft of a device and extremely sophisticated technological knowledge and advanced equipment. Even with the above, Trezors can be protected by a strong passphrase, which adds another layer of security that renders an RDP downgrade useless.” The company further added that it had taken steps to resolve the issue and had developed a new secure element for hardware wallets in collaboration with its sister firm, Tropic Square. Hardware Wallets Not As Safe As They Claim To Be? With their promise of keeping seed phrases and access codes offline and safe from the prying eyes of hackers, hardware wallets have long been considered the pinnacle of safety when it comes to storing digital assets. Their popularity grew even further with the collapse of major centralized exchanges such as FTX, with investors and users opting for self-custody of their assets. However, recent events have put a considerable dent in the reputation of hardware wallets. One of the primary events that led to the confidence crisis in hardware wallets was the announcement of Ledger Recover. Ledger’s Recover feature set the cat among the pigeons as it sparked concerns that third parties could gain access to private keys, allowing them access to the crypto held in the wallets. Ledger’s response did little to calm frayed nerves and led to considerable backlash for Ledger. Eventually, Ledger was forced to postpone the feature’s release and open-source the code for transparency. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

London, United Kingdom, May 10th, 2023, ChainwireToday, PUBLC announced the paradigm-shifting integration of Large Language Models (LLMs) into its search engine, a transformative move that firmly positions the startup as a pioneer in the rapidly evolving search industry. This milestone follows PUBLC's ongoing mission to create "everyone's search engine" – a platform built by the web community, powered by cutting-edge AI models, and anchored in a blockchain-based token economy through its token, PUBLX.Since the release of ChatGPT 6 months ago, the world has witnessed the revolutionary capabilities of LLMs, prompting tech giants like Google and Microsoft to rush to incorporate them into their products. Today, PUBLC stands out as the first search engine to fully integrate LLMs into its core search logic. This integration allows every search query on PUBLC to be processed by the LLM, which retrieves relevant data and sources, delivering answers and insights in natural language. These features further enhance PUBLC's unique experience by offering users a more engaging, personalized, and visual approach to searching, discovering, and consuming web content.The integration is also in line with PUBLC's community-driven approach, which combines advanced AI models with human intelligence. This approach envisions a system where every user can contribute to training the Language Models, following a methodology similar to Reinforcement Learning from Human Feedback (RLHF) used in the development of ChatGPT. Drawing inspiration from collaborative models like Wikipedia, PUBLC aims to engage millions of users worldwide in organizing web content, transforming it into an invaluable resource for answers on any topic or niche.Committed to creating a search engine that belongs to and rewards the web community, PUBLC challenges the status quo wherein tech giants such as Google, Meta and Amazon dominate global ad revenue, leaving little for the broader web ecosystem. To address this imbalance, PUBLC has implemented a tokenized revenue model that distributes 90% of the platform's revenue among its community using its Ethereum blockchain-based token, PUBLX. This blockchain-based economic model is tied to the platform's fiat-based revenue streams, like advertising, giving the token real value and fostering ongoing growth and collaboration. This economic model lays the foundation for a new web economy that rewards users, creators, content platforms, celebrities, developers, and other participants, giving them the value they rightfully deserve.As a next step, PUBLC will open-source its AI layer, developed on the popular LLM framework, LangChain, while actively embracing the expanding LLM developer community. By doing so, PUBLC will enable developers worldwide to contribute to its AI models and receive rewards through its token model. PUBLC invites LLM developers, open-source projects, and communities to join its mission of creating an open-source LLM project that serves the web ecosystem.Lior Davidovitch, Founder and CEO of PUBLC, said: “This launch represents PUBLC's most significant milestone to date. As a modern-day David versus Goliath, our small team has been dedicated to building this ambitious vision layer by layer over the past few years, aiming to revolutionize the search industry and compete with the world's largest companies. This is just the start, and we plan to launch many features and initiatives in the upcoming months to support our community. We call the web community of users, creators, brands and developers to join us on this mission of creating a search engine that genuinely belongs to everyone.”About PUBLCPUBLC is on a mission to revolutionize the search industry by creating "everyone's search engine" – a platform that is collaboratively built by the web community, powered by state-of-the-art AI models, and anchored in a blockchain-based token economy that benefits the entire web ecosystem.Check out the PUBLC platform, learn more about the project.Find $PUBLX on CoinGecko.ContactHead of ProductLora [email protected]

On November 12, during a tumultuous weekend when Bitcoin saw a challenge thrown down by upstart Bitcoin Cash, another crypto was quietly launched: Bitcoin Gold. Its reception was either ignored or sneered at in the Press. Amidst headlines such as “Bitcoin Gold Fails To Impress Investors” and “Bitcoin Gold Goes Live After Bumpy Blockchain Launch”, it seemed the obituary was already being composed. But should we write off Bitcoin Gold? One of the strangest things for a coin apparently so pointless and doomed was the hostility Bitcoin Gold received in the run-up to its formal issuance, and not just from the crypto-press. A Twitter scam lured potential customers to malware sites, and someone invested in a full-scale DDOS attack on the Bitcoin team. That is a suspicious whole bunch of attention. So, why? Firstly it’s an alt-coin, which means that unlike Bitcoin Cash, for example, it’s not a branch of the original Bitcoin chain. Despite the name, holding it doesn’t mean you have Bitcoin. In that sense, it’s not a competitor - but in another sense, it could turn out to be a deadly rival for certain vested interests in the blockchain mining industry. The reason is that Bitcoin Gold-mining can be done on desktop computers as well as ASICS - industrialised chip arrays that now dominate Bitcoin mining. Bitcoin Gold uses Equihash (like ZCash does) and it is inherently democratic in its coin-creation algos, meaning CPUs/GPUs are more efficient than industrial miners when it comes to Bitcoin Gold. And, like Monero, there is robust-to-total replay protection. But therein lies the problem and maybe the source of the hostility. The big miners bet everything on Bitcoin Cash. If that doesn’t work (and it might not), they don’t want another rival they cannot control. Meanwhile, Bitcoin continues its wild gyrations, up again, currently $7,400 from $6,600 yesterday. Poor Bitcoin Gold is down nearly 25% today at $163. Perhaps it’s just worth a look.

On November 12, during a tumultuous weekend when Bitcoin saw a challenge thrown down by upstart Bitcoin Cash, another crypto was quietly launched: Bitcoin Gold. Its reception was either ignored or sneered at in the Press. Amidst headlines such as “Bitcoin Gold Fails To Impress Investors” and “Bitcoin Gold Goes Live After Bumpy Blockchain Launch”, it seemed the obituary was already being composed. But should we write off Bitcoin Gold? One of the strangest things for a coin apparently so pointless and doomed was the hostility Bitcoin Gold received in the run-up to its formal issuance, and not just from the crypto-press. A Twitter scam lured potential customers to malware sites, and someone invested in a full-scale DDOS attack on the Bitcoin team. That is a suspicious whole bunch of attention. So, why? Firstly it’s an alt-coin, which means that unlike Bitcoin Cash, for example, it’s not a branch of the original Bitcoin chain. Despite the name, holding it doesn’t mean you have Bitcoin. In that sense, it’s not a competitor - but in another sense, it could turn out to be a deadly rival for certain vested interests in the blockchain mining industry. The reason is that Bitcoin Gold-mining can be done on desktop computers as well as ASICS - industrialised chip arrays that now dominate Bitcoin mining. Bitcoin Gold uses Equihash (like ZCash does) and it is inherently democratic in its coin-creation algos, meaning CPUs/GPUs are more efficient than industrial miners when it comes to Bitcoin Gold. And, like Monero, there is robust-to-total replay protection. But therein lies the problem and maybe the source of the hostility. The big miners bet everything on Bitcoin Cash. If that doesn’t work (and it might not), they don’t want another rival they cannot control. Meanwhile, Bitcoin continues its wild gyrations, up again, currently $7,400 from $6,600 yesterday. Poor Bitcoin Gold is down nearly 25% today at $163. Perhaps it’s just worth a look.

Trezor, the makers of a popular hardware wallet, have revealed that the source code for Bitcoin Gold (BCG) has been publically released and so they will add full support for the new currency in the coming weeks. The Bitcoin Gold hard fork was originally expected to occur late in October, intended to provide a new system where mining is more decentralized across a larger community by closing the gap between GPU, CPU and ASIC miners. The launch of BCG was delayed by many weeks and so the development team struggled to give an exact date for when the hard fork would be executed. After weeks of delay, the developers behind BCG have released their source code, making the project’s initialisation official. Back in August following the Bitcoin Cash (BTC) hard fork, leading cryptocurrency exchanges took up BTC relatively quickly. However, this time around, the lack of community and industry support behind BTG means that major trading platforms are reluctant to integrate support for BTG. The majority of the reluctance towards BCG comes from the development team’s decision to include a premine mechanism that allows developers to mine BCG before the miners in the market can begin to produce it. This means that the general consensus of the industry is that the miners control too much to allow BCG to be truly successful in the short term. Following the Bitcoin Cash hard fork, the price stabilized at around the $300 mark. The cancellation of SegWit2x caused BTC to surge as high as $2,600, before settling at around the $1,100 mark. Even with the support of the largest operators in the industry, BTC still debuted at $300. The lack of support within the wider community for BCG makes it highly unlikely that the altcoin will debut higher than Bitcoin Cash’s initial value of $300. More importantly, BCG is severely lacking in market and liquidity support as only a handful of companies including Trezor will add support.

Trezor, the makers of a popular hardware wallet, have revealed that the source code for Bitcoin Gold (BCG) has been publically released and so they will add full support for the new currency in the coming weeks. The Bitcoin Gold hard fork was originally expected to occur late in October, intended to provide a new system where mining is more decentralized across a larger community by closing the gap between GPU, CPU and ASIC miners. The launch of BCG was delayed by many weeks and so the development team struggled to give an exact date for when the hard fork would be executed. After weeks of delay, the developers behind BCG have released their source code, making the project’s initialisation official. Back in August following the Bitcoin Cash (BTC) hard fork, leading cryptocurrency exchanges took up BTC relatively quickly. However, this time around, the lack of community and industry support behind BTG means that major trading platforms are reluctant to integrate support for BTG. The majority of the reluctance towards BCG comes from the development team’s decision to include a premine mechanism that allows developers to mine BCG before the miners in the market can begin to produce it. This means that the general consensus of the industry is that the miners control too much to allow BCG to be truly successful in the short term. Following the Bitcoin Cash hard fork, the price stabilized at around the $300 mark. The cancellation of SegWit2x caused BTC to surge as high as $2,600, before settling at around the $1,100 mark. Even with the support of the largest operators in the industry, BTC still debuted at $300. The lack of support within the wider community for BCG makes it highly unlikely that the altcoin will debut higher than Bitcoin Cash’s initial value of $300. More importantly, BCG is severely lacking in market and liquidity support as only a handful of companies including Trezor will add support.