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All That Glitters is Not (Bitcoin) Gold

In the September Crypto News Roundup, Invest in Blockchain wrote about the upcoming Bitcoin fork into Bitcoin Gold. Bitcoin Gold was cited as “attempting to equalise the playing field”. A recent discovery seems to have provided evidence to the contrary.

The rise

Bitcoin Gold had the makings of another cryptocurrency success mystery. Move over, Satoshi Nakamoto, there’s another enigmatic creator on the horizon. The founder of Hong-Kong based Bitcoin hardware firm Lightning ASIC, Jack Liao, together with anonymous developer “h4x3″, spearheaded the project. And Bitcoin Gold set out to democratize the cryptocurrency community, first established by Nakamoto’s pioneering whitepaper, even further.

Bitcoin Gold was designed to change Bitcoin’s consensus mechanism, thereby…


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