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34 Review
40 Karma

Review on Bitcoin Diamond by Julio Arvelo

Revainrating 4 out of 5

They not only use PoW (Proof of Work) but also run on PoS (Proof Of Stake) at…

They not only use PoW (Proof of Work) but also run on PoS (Proof Of Stake) at 100% interest per year.

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Pros
  • Is a decentralized P2P Network designed for bitcoin users. The primary reason why this coin exists is to correct some fundamental problems with the original network and attempt to reinstate the visions of the founder of the decentralized networks. The solutions provided by this platform centers about providing more privacy features and enhance transaction speed. And they basically have achieved some of this promises by providing some new features to the platform, such as increasing the block size from 1mb to 8mb and higher encryption models for transactions both of which is expected to increase the speed as it also creates more room for transactions to be carried out on the network.
Cons
  • The competition is very heavy because there are so many Forks of Bitcoin in the market.

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