1 Level
11 Review
13 Karma
Review on Bitcoin Diamond by Thanh Thuy
Even though the price of this crypto price is low, the total value of all the…
Even though the price of this crypto price is low, the total value of all the BCD on the market is still well over 285 million USD. The market is becoming very crowded with Bitcoin fork coins and only the ones with the best protocols will succeed.
Pros
- High volume/low value transactions: Bitcoin is the world’s top cryptocurrency but it’s still quite difficult to use. Diamond coin’s high transaction speeds and low price could make it perfect for buying and selling small and inexpensive products like coffee or bus tickets.
Cons
- The lightning network: The BCD team has promised lightning network technology but hasn’t launched it yet. They failed to improve privacy features so they might also fail to launch the lightning network. We’ll have to wait until July 31 to find out!
