Bitcoin Gold - Satoshi Ratings

Satoshi Rating

4.9 10

Product Ratings

5.4
Team Ratings

4.9
Execution Ratings

4.6

Concerns and Feedbacks

- Very few developers, coin implementation was not ready when they were couple days away from launch
- Hidden commission in one of the bitcoin gold developer's mining pool
- ICO attempt, they were not sure how to proceed prior to product launch.
- Pre-mine explained as a post-mine
- Failed to launch, wasn't ready, deadline moved a couple of times
- They opened a code bounty for replay protection implementation, which they should be able to implement as blockchain developers
- Bitcoin gold didn't have an official wallet solution ready, they put a phishing site on their website which stole 1m$ to 3m$. They didn't warn BTG users about it until it is too late.
- Tried to decentralize mining, recently got 51% double-spend attack, due to centralization.

Next Update: June 10, 2018

Product

The need for the product ⓘ
7
Total addressable market size ⓘ
7
Product/market fit ⓘ
5
How is the product compared to existing solutions? ⓘ
5
How difficult is to make the product? ⓘ
5
Could this product scale? ⓘ
7

Team

Team's previous experience ⓘ
6
Does the team have a clear vision? ⓘ
6
Is technical team sufficient for building the product? ⓘ
5
Is the team active? ⓘ
5
Is the team size big enough? ⓘ
6
How is the team growth? ⓘ
4

Execution

Could this team get the product into a market? ⓘ
3
Could they do it in time? ⓘ
3
Did they meet previous deadlines? ⓘ
4
Is the marketing strategy sufficient? ⓘ
7
Team’s previous achievements ⓘ
6
Strategic partnerships ⓘ
7
Current market size ⓘ
6

Editor's note

Having bitcoin codebase and exchange partnerships raised the score. BTG could still improve and reach their potential, however, at this point, it seems unlikely. There were many red flags when the coin initially launched. We find BTG very speculative, investors should be careful if the price becomes volatile again.

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Initial Rating: April 27, 2018

Last modified: June 4, 2018

Bitcoin Gold(BTG)