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Review on Bitcoin Diamond by ikrar nusa
2018 is the Year of the Fork, it’s a year for trying new things and seeing…
2018 is the Year of the Fork, it’s a year for trying new things and seeing what works. These are very exciting times for cryptocurrency and I think hard-fork coins should be watched very closely. They’re like science experiments. The things they do well should be copied and their failures should be remembered so they don’t happen again!
What do you think about Bitcoin Diamond? Is it better than Bitcoin or a lame rip-off? I’d love to hear what you think so let me know!
Pros
- It’s faster than Bitcoin: Bitcoin Diamond is processing much larger blocks than Bitcoin in the same amount of time. Larger blocks mean more transactions and a quicker average transaction time. Inclusive mining: Bitcoin Diamond makes it easy to mine BCD with less powerful computers. GPU mining allows more users to get involved in supporting the network and this can only be a good thing.
Cons
- Privacy features: Bitcoin Diamond hasn’t increased the level of user privacy. This will annoy users who think that Bitcoin transactions are too easy to track. 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!
