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1 Level
11 Review
7 Karma

Review on Bitcoin Diamond by Long Minh

Revainrating 4 out of 5

BCD Coin also tries to pull transaction costs down. Because trading with…

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's block size is limited to just 1 MB, equivalent to processing only 3 transactions per second.




Pros
  • There are eight sites offering a Bitcoin Diamond wallet at the moment. They’re listed on the coin’s homepage. Each are software wallets offering mobile, web and desktop storage.
Cons
  • But even bitcoin diamond got this half statement right, "The high Transaction Fees associated with Bitcoin has become a great resistance for transfers...

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