Review on Bitcoin Diamond by Camie Spivey

Name: Bitcoin Diamond
Item: Bitcoin Diamond
Rating: 5

September 19, 2018

History and development of Bitcoin Diamond November 26, 2004: Bitcoin Diamond…

History and development of Bitcoin Diamond
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November 26, 2004: Bitcoin Diamond was born after being hard fork in a block chain node in the bitcoin blockchain platform.
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December 2017: Completing the Hard fork Bitcoin process, creation of electronic wallet, API release, open source by Bitcoin Diamond.
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Q2 / 2018: Finish the Hardfork process and upgrade to the new blockchain platform.
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Q1 / 2019: Building related applications in the Bitcoin Diamond ecosystem
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From 2020: Create a better Bitcoin
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Pros

hat is Bitcoin Diamond? Bitcoin Diamond (BCD) is a digital coin like Bitcoin and it was created after its development team made the Fork series from Bitcoin's Blockchain platform. Bitcoin Diamond was created to overcome the limitations of Bitcoin's "eldest brother" regarding security factors and block size and execution time of transactions. Bitcoin Diamond is considered part of Bitcoin's blockchain platform with many upgraded technologies while retaining the original features of Bitcoin. It uses a variety of new encryption techniques to increase the amount of money encoded in a transaction process, enhancing customer privacy. Simultaneously increase the transaction time many times.

Cons

Features and specifications of Bitcoin Diamond? Bitcoin Diamond has announced that it will expand its blocks to 8 MB, thereby increasing volume and reducing transaction costs, while also helping to create new blocks five times faster. BCD Coin also tries to pull transaction costs down. Because trading with Bitcoin (BTC) will take a lot of time to process, while increasing transaction costs are increasing. This is because Bitcoin block size is limited to 1 MB, equivalent to processing only 3 transactions per second. Development team of Bitcoin Diamond The development team of Bitcoin Diamond is still anonymous, only the core members who have the most members are using the very mysterious names Evey and 007. Also a community of its own named Bitcoin Diamond Foundation.