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Review on Bitcoin Diamond by ava sandres

Revainrating 3 out of 5

bitcoin diamond, bitcoin fork project review

Bitcoin Diamond is a Bitcoin fork that happened in 2017 at the height of Bitcoin block 495866. The overall supply is 210 million units. The BCD's goal is to improve transaction speed by boosting storage capacity and block-out speed, and they'll use Lightning Network, a new layer that allows for quicker transactions. The mining method is OPTIMIZED X13(GPU), with an average block duration of ten minutes and a maximum block size of sixteen to thirty-two megabytes. As Btc, the hardest adjustment period is two weeks. The workforce is distributed globally, and the development team appears to be fairly active on Github. Their community appears to be robust. Bcd is not listed on any of the top ten cryptocurrency exchanges, including Binance.

Pros
  • Bitcoin now has more anonymity, and the development team and community appear to be strong.
Cons
  • Because it is a branch of Bitcoin, it may have difficulties in gaining traction.

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