Bitcoin Gold

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/bitcoin-gold

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the blockchain origin?A hard fork of the Bitcoin blockchain
2. What is the fork date?October 2017
3. What is Bitcoin Gold and why was it created?Bitcoin Gold is a new type of digital money that started in October 2017. It was made so more people could mine money using regular computer graphics cards instead of expensive special machines.
4. How does Bitcoin Gold let regular computers mine money?It uses a special mining rule called Zhash that needs a lot of memory. Graphics cards have lots of memory, so they can solve the puzzles and earn Bitcoin Gold.

Application-Specific Integrated Circuit (ASIC): Specialized computer hardware designed for a specific task, like Bitcoin mining.
Proof-of-Work (PoW): A consensus mechanism requiring participants to solve complex computational puzzles to validate transactions.