Bitcoin Gold is the brainchild of Jack Liao and is launching as a hard fork of Bitcoin. The goal of BTG is to become a better gold than Bitcoin through a proof-of-work change. The proof-of-work that they've chosen is Equihash, a memory-hard algorithm that’s fairly ASIC resistant and also used by ZCash.
Their plan is to pick a block on October 25, 2017 to fork from, hence the date on their webpage, followed by an early November release date for wallets and access to coins.
Bitcoin Gold will only affect you if you own Bitcoin when they pick the hard fork block, that is, around October 25. You will receive the exact amount of Bitcoin Gold as Bitcoin you hold at that block number when it's announced. You will probably have to download a wallet or construct transactions manually to be able to move your Bitcoin Gold tokens initially.
If you have your Bitcoins on an exchange, the exchange will likely credit you with your Bitcoin Gold eventually if BTG has a decent value. Generally, it’s better to control your own private keys as that gives you the most flexibility and control. note: this has nothing to do with the Segwit2X hard fork.
Useful Links
http://www.btcgpu.org/
https://www.facebook.com/btcgpu/
https://twitter.com/bitcoingold
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