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Review on Bitcoin Diamond by Sebastian Lees
Even though its price is low, the total value of all the BCD on the market is…
Even though its price is low, the total value of all the BCD on the market is still well over 350 million USD. The market is becoming very crowded with Bitcoin fork coins and only the ones with the best protocols will succeed. Next I want to talk about what the Bitcoin Diamond fork means for Bitcoin holders and the rest of the crypto community.
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
- 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.
