Step 1: Write the hyperbola in standard form.
The given equation is
\[
x^2-4y^2=16
\]
To convert it into standard form, divide both sides by \( 16 \):
\[
\frac{x^2}{16}-\frac{4y^2}{16}=1
\]
\[
\frac{x^2}{16}-\frac{y^2}{4}=1
\]
Now this is in the standard form
\[
\frac{x^2}{a^2}-\frac{y^2}{b^2}=1
\]
Step 2: Identify the values of \( a^2 \) and \( b^2 \).
Comparing
\[
\frac{x^2}{16}-\frac{y^2}{4}=1
\]
with
\[
\frac{x^2}{a^2}-\frac{y^2}{b^2}=1
\]
we get
\[
a^2=16,\qquad b^2=4
\]
Hence,
\[
a=4,\qquad b=2
\]
Step 3: Recall the relation for the foci of a hyperbola.
For the hyperbola
\[
\frac{x^2}{a^2}-\frac{y^2}{b^2}=1
\]
the foci are at
\[
(\pm c,0)
\]
where
\[
c^2=a^2+b^2
\]
So we use
\[
c^2=16+4=20
\]
Step 4: Find the value of \( c \).
\[
c=\sqrt{20}=2\sqrt{5}
\]
Thus the two foci are
\[
(2\sqrt{5},0)\quad \text{and} \quad (-2\sqrt{5},0)
\]
Step 5: Find the distance between the two foci.
The distance between
\[
(2\sqrt{5},0)\quad \text{and} \quad (-2\sqrt{5},0)
\]
is
\[
2c
\]
Therefore,
\[
2c=2\cdot 2\sqrt{5}=4\sqrt{5}
\]
Step 6: Verify using the distance formula.
Using the distance formula:
\[
\sqrt{\left(2\sqrt{5}-(-2\sqrt{5})\right)^2+(0-0)^2}
\]
\[
=\sqrt{(4\sqrt{5})^2}
\]
\[
=4\sqrt{5}
\]
So the result is confirmed.
Step 7: Final conclusion.
Hence, the distance between the foci is
\[
\boxed{4\sqrt{5}}
\]
Therefore, the correct option is
\[
\boxed{(2)\ 4\sqrt{5}}
\]