Note that there is no “new information” in this post– it is a summary of information that has been publicly available since launch in 2017, either in the public open-source code on GitHub, or on the BTG blockchain itself.
Ever since the Endowment wallets were first mined, the Endowment’s wallets have been public on the BTG blockchain, but rumors and misinformation persist. This post on the BTG Forum explains the Endowment mining process in detail and lists all of the wallets.
https://bitcoingold.org/endowment-wallets/In 2017, the Bitcoin Gold project duplicated (forked) the Bitcoin blockchain as a fair way to distribute 16 million coins, and then launched with an 8000-block mining period to create a 100,000 BTG Endowment to support the future of the project.
This Endowment is currently the only source of funding for the Bitcoin Gold project; after the formation of the Endowment on the day of launch, 100% of all mining rewards and fees have gone directly to the miners – exactly as described in our original Bitcoin Gold Whitepaper / Roadmap. and detailed in our earlier Endowment post.
The funds we’ve spent from the Endowment align as described in the Roadmap – salaries and payments for infrastructure, developers, support staff, travel to promotional events… we have not spent any funds paying Exchanges to list BTG. Our developers are currently focused on bringing Lightning Network fully to life on BTG, and are working on Atomic Swaps, Smart Contracts, and more!
The whole team is working hard to be Good Stewards of the Endowment so that it can support this project for months and years to come, despite the temporary bear market in cryptos.
Building for the future,
The Bitcoin Gold Organization
#1CPU1VOTE
