What is the BTG Project

What is the BTG Project? According to bitcoin.com, Bitget is a decentralized pr

What is the BTG Project

What is the BTG Project? According to bitcoin.com, Bitget is a decentralized protocol based on Bitcoin Cash (BCH). BitGo introduced a technology called “mining” in 2017 to support transactions on its blockchain. Through mining, consensus among different participants in the Bitcoin network can be achieved, as well as a fair distribution of tokens as rewards.

Due to the significant uncertainties in the cryptocurrency market, Bitget has decided to adopt a new algorithm to redirect this computing power to Ethereum. This new method involves increasing block space and improving efficiency to reduce reliance on computing power.

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