Bitcoin Diamond is a decentralized P2P network designed for Bitcoin users…
Bitcoin Diamond is a decentralized P2P network designed for Bitcoin users. They not only use PoW (Proof of Work) but also run on PoS (Proof Of Stake) at 100% interest per year.
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.
Cons
The real risks that Bitcoin Diamond coin faces are scammers who target the release of new hard-fork cryptocurrencies. Who are these scammers and what is BCD doing about them?